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Intermin Resources Limited (ASX:IRC) RIU Explorers Conference Presentation February 2018
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Intermin Resources Limited (ASX:IRC) provides the Company's latest presentation at RIU Explorers Conference.
Asset Overview
- Quality gold assets in the heart of the WA goldfields
- 100% ownership of 500km2 on Bardoc, Abattoir and Zuleika shear zones in close proximity to Kalgoorlie
- 290km2 acquired in last 18 months
- Limited modern exploration in last 20 years
- Walk up drill targets for new discovery exploration
- Existing JORC 2012 Resource of 356,000oz grading 2.24g/t
- Comprehensive regional geological data base
- Assets close to existing third party milling infrastructure
- Strategic joint ventures in place at no cost to Intermin covering 380km2 in Western Australia
New Discovery & Resource Growth
- New discovery and resource growth drilling program commenced with 55,000m planned within a $4M budget
- Combination of RC and diamond drilling to test both extensions along strike and, particularly at depth
- 50% allocated to new discovery drilling and 50% on Resource growth to grow the current Resource base
- New discovery targets include the Blister Dam project area, Anthill east and Fire Ant and new targets within the Teal gold camp
- Resource growth drilling will focus on extensions along strike and at depth at Anthill, Teal and the new Jacques Find discovery
- Drilling of regional projects including Olympia, West Kalgoorlie, Black Flag, Broads Dam, Area 54, Yarmonyand KanownaNorth
- First drilling results expected early in the June Quarter To view the full presentation, please visit: http://abnnewswire.net/lnk/751V7ENF
Intermin Resources Limited
Jon Price, MD
T: +61-8-9386-9534
F: +61-8-9389-1597
E: iadmin@intermin.com.au
WWW: www.intermin.com.au
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