IMX Confirms High-grade Graphite Deposit at Chilalo

IMX Resources Ltd. (TSX:IXR,ASX:IXR) announced that it has received final results from diamond drilling completed last year at the Chilalo graphite project, located in Southeast Tanzania.

Results include:

• 24m @ 12.29% TGC from Hole DD067 (twinned from Hole RC140 which returned 24m @ 11.7% TGC)
• 24m @ 12.50% TGC from Hole DD068 (twinned from Hole RC157 which returned 24m @ 13.1% TGC)

IMX Acting CEO Phil Hoskins stated:

The Chilalo Project is emerging as an exciting opportunity for IMX. We have made outstanding progress in the six months since completing a desktop review of the graphite potential at Nachingwea. We are looking forward to receiving the results of both the metallurgical testwork and the resource estimation.

Click here for the full IMX Resources Ltd. (TSX:IXR,ASX:IXR) press release