Image Resources NL (ASX:IMA) 121 Mining Investment Hong Kong Presentation

2017-10-15 08:35:59

(MENAFN- ABN Newswire) Perth, Oct 16, 2017 AEST (ABN Newswire) - Image Resources NL () () provides the Company's latest presentation at 121 Mining Investment, Hong Kong.

Company Description and Focus

Emerging mineral sands producer

Actively focused on fast-tracking the development of its 100%-owned, high-grade and high-zircon flagship Boonanarring mineral sands project in the North Perth Basin in Western Australia.

First production targeted for 2nd QTR 2018.

Upside Potential

Upside potential at and near Boonanarring

- Confirmed potential to extend mine life with high grade mineralisation (ASX announcement 13 March & 26 June 2017);

o Assuming mineralisation in extension area is identical to known Ore Reserves in all aspects and economics; two years of additional mine life could add AU$60M to project NPV.

- Potential to process lower grade overlying layer of mineralisation;

- Potential to process ores from several other deposits with high grade mineral resources in the vicinity;

o Red Gully, Regans Ford, and Gingin (South and North).

To view the full presentation, please visit:

About Image Resources NL

Image Resources NL ()is an emerging Mineral Sands producer focused on the development of its high-grade Boonanarring Project in the North Perth Basin while continuing to expand its resources and reserves base.

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