Intermin Resources
Intermin Resources (ASX:IRC) is an exploration and development company focussed on Australian resource projects.
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Intermin Resources Ltd lifts Menzies gold resource by 130% in WA
Well funded Intermin Resources Ltd (ASX:IRC) has grown the gold resource base by 130% to 171,310 ounces at Menzies, north of Kalgoorlie, following strong exploration programs and results in 2014/15.
This includes updated Resources for Pericles and new Resources for Yunndaga, Bellenger and Warrior prospects.
The near surface oxide ore has potential for free dig open cut mining and multiple high grade shoots have been identified below the current Resource envelopes.
Total resource inventory for Intermin is growing fast and now stands at 314,370 ounces at 2.65g/t gold.
The updated resource of 2.42 million tonnes at 2.20g/t gold for 171,310 ounces does not yet include recent higher grade deeper intercepts recently reported from drilling at Selkirk where Intermin had a 3 metre at 88.6g/t gold hit.
This will be infill drilled and enable a maiden Resource to be compiled.
Other Intermin Resources news
- Intermin Resources and MacPhersons secure merger approval from Supreme Court of Victoria
2019-06-06 - Intermin Resources increases footprint in highly prospective Kalgoorlie-Boulder region
2018-06-19 - Intermin Resources resumes ore mining at Teal Gold Mine
2017-12-06 - Intermin Resources begins work on a processing pathway for its vanadium resource
2017-09-20 - Intermin Resources and partner Mithril Resources reveal new gold prospect
2017-08-07
