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    iron investing

    IMX Resources Calls Off Sale of Mount Woods

    Investing News Network
    Feb. 19, 2013 04:17AM PST
    Base Metals Investing

    Mining Weekly reported that metals developer, IMX Resources, has canceled the sale of its 49% interest in the Mount Woods property, which means it would retain 100% of its iron-ore rights.

    Mining Weekly reported that metals developer, IMX Resources, has canceled the sale of its 49% interest in the Mount Woods property, which means it would retain 100% of its iron-ore rights.

    As quoted in the market news:

    IMX remains committed to generating value from the development of the Mount Woods magnetite project, for which we are actively seeking a partner and, as such, need to maintain clear tenure over the iron-ore rights,” said Meadows.

    Click here to read the full Mining Weekly report.

    imx resourcesiron investing
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