Image Resources NL: 121 Mining Investment Hong Kong Presentation

15.10.2017  |  ABN Newswire

Perth - Image Resources NL (ASX:IMA) (OTCMKTS:IMREF) 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:
http://abnnewswire.net/lnk/BBR9663Y

About Image Resources NL:

Image Resources NL (ASX:IMA) 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.



Contact:

Image Resources NL
Patrick Mutz Managing Director
T: +61-8-9485-2410
E: info@imageres.com.au
www.imageres.com.au