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    IMX Resources Announces Report for Second Quarter

    Investing News Network
    Feb. 02, 2013 07:16PM PST
    Base Metals Investing
    ASX:IXR

    IMX Resources Limited (TSX:IXR, ASX:IXR) and its subsidiaries gave a report on their activities for the second quarter which ended on December 31st, 2012.

    IMX Resources Limited (TSX:IXR, ASX:IXR) and its subsidiaries gave a report on their activities for the second quarter which ended on December 31st, 2012.

    As quoted on the press release:

    Ntaka Hill Nickel Sulphide Project

    • Discovery of new Zeppelin nickel sulphide zone over a 350 metre strike length, open in all directions
    • Discovery of two new high-grade nickel sulphide lenses from the Lightning Target
    • Identification of high-grade massive sulphide intervals including 1.25 metres @ 16.3% nickel within wide intersections of disseminated mineralisation
    • Infill drilling continued with multiple nickel intersections and wide zones of disseminated hanging wall nickel sulphide mineralisation confirmed
    • Flotation test work on disseminated hanging wall mineralisation from the Sleeping Giant Zone confirmed good recoveries (69%) and concentrate grade (11.2%) from 0.32% Ni head grade
    • Intersection of new high-grade and disseminated nickel sulphide mineralisation along the Ntaka-Lionja ultramafic trend
    • Completion of gravity survey

    Click here to read the full IMX Resources Limited (TSX:IXR, ASX:IXR) press release.

    ntaka hill nickel sulphide projectasx:ixrimx resourcestsx:ixr
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