IMX Provides Exploration Updates from Mt Woods Copper-Gold Joint Venture Project

IMX Resources Limited (TSX:IXR,TSX:IXR.WT,ASX:IXR), with JV partner Oz Minerals, announced updates from exploration activities for their Mt Woods Copper-Gold Joint Venture Project.

As quoted in the press release:

In the second half of calendar year 2013, OZ Minerals plans to commence a $2.6 million field program to explore for haematite-hosted iron oxide copper gold deposits, involving 4,300m of diamond core drilling and delineation of targets using detailed ground based gravity and other geophysical surveys, the majority of which is expected to be carried out during the first half of 2014. Commencement of the exploration work is also subject to receipt of relevant approvals.

IMX’s Managing Director, Neil Meadows, said:

IMX is pleased to be able to confirm the on-going commitment of our joint venture partner OZ Minerals to this program of work and looks forward to the results that will be generated in this fourth year of the overall exploration program.

To view the whole press release, click here.