Image Resources NL

Image Resources NL advised it is conducting a comprehensive review of its go-forward strategy regarding the Company's gold tenements located 140km southeast of Kalgoorlie in Western Australia. Argonaut Corporate Finance has been engaged to act as financial advisor to assist Image to assess opportunities to unlock the value of the Erayinia / King Gold Project. The strategy review will include potential divestiture or other [...]

Image Resources NL provided a maiden Mineral Resource Estimate for its Erayinia/King gold project located in the Eastern Goldfields region, 140km southeast of Kalgoorlie in Western Australia. Highlights: - 2.0 Mt @ 2.1 g/t Au for 139k ounces Au Inferred Mineral Resource Estimate - The deposit is relatively shallow, in oxide and transitional material, making it amenable to conventional open pit mining methods - The [...]

Image Resources NL provided an update on diamond core drilling carried out at the Company's 100%-owned Erayinia/King gold project. Highlights: o Two diamond core drill holes to test continuity of mineralisation at depth o Broad zone of gold mineralisation identified in each hole - 23m @ 0.7 g/t Au from 342m depth including 2m @ 2.2 g/t from 363m in EYDD01 - 11m @ 0.9 g/t Au from 346m depth including 2m @ 2.7 g/t from 346m [...]

Image Resources NL has released an update on its activities for the quarter ending 30 September 2025. HIGHLIGHTS Atlas Project - Heavy Mineral Concentrate production for Q3 2025 totalled 55.9k dry metric tonnes from 652k ore tonnes processed . YTD HMC production of 102k DMT from 1,326k tonnes processed. - HMC sales in three shipments totalled 48,826 DMT . YTD 84,185 DMT sold with forecast shipments of 70-75k DMT for [...]

Image Resources NL advised that it has reduced its market guidance for HMC sales for CY2025 from 165-185k dry metric tonnes to 150-170k DMT. HIGHLIGHTS - Market guidance for HMC sales for CY2025 lowered by nominal 9% to 150-170k dry metric tonnes due primarily to weaker market demand - All other guidance maintained - Final repayment date for Prepayment Facilities extended by three months to 30 April 2026 This change was [...]

Image Resources NL is pleased to release its annual Sustainability Report for CY2024 which covers the transition period between finalisation of mining operations at the Company's 100%-owned Boonanarring mineral sands project and commencement of mining operations at the Company's 100%-owned Atlas project . Key highlights for CY2024 were the completion of permitting for Atlas and the construction of a mining camp, a wet [...]

Image Resources NL has resolved to expand its development planning focus to include multiple options for potential mine development post the mining and processing operations at the Company's recently commissioned 100%-owned Atlas mineral sands project , located 170km north of Perth in the Dandaragan Shire. The expanded suite of development options under assessment includes extending mining at Atlas with ore from the Atlas [...]

Image Resources NL Quarterly Activities/Appendix 5B Cash Flow Report. - Q2 CY2025 - Atlas generates positive operating cash flow in first quarter of operations. - Heavy Mineral Concentrate production to date totalled approximately 45.9k dry metric tonnes from 674k ore tonnes processed. - Three HMC shipments completed in Q2 2025 totalling 35,359 DMT with forecast shipments of 140-160k DMT for remainder of CY2025. - Revenue [...]

Image Resources NL is pleased to advise it has successfully completed three planned shipments of heavy mineral concentrate in the June quarter from the Company's 100%-owned Atlas mineral sands project , located 170km north of Perth in the Dandaragan Shire. HIGHLIGHTS - Three shipments totalling approximately 35k dry tonnes of Atlas heavy mineral concentrate completed as forecast - Approximately AU$22 million total revenue [...]

Image Resources NL is pleased to provide an update on its activities for the quarter ending 31 March 2025. CEO Patrick Mutz commented: "CY2025 is shaping up to be a milestone year for Image Resources, with a return to mining and HMC production at Atlas in Q1, forecast achievement of positive operating cash flow in Q2, and targeting repayment of the HMC Offtake Prepayment Facilities by the end of CY2025. "I would like to [...]