Intermin Resources Limited (IRC.AX) Gold Coast Investment Showcase Presentation June 2018
Intermin Resources Limited (ASX:IRC) provides the Company's Gold Coast Investment Showcase Presentation.
Asset overview
- High quality gold assets in the heart of the WA goldfields
- 100% ownership of 890km2on Bardoc, Abattoir, Ida and Zuleika shear zones -590km2acquired in last 18 months
- Walk up drill targets for new discovery exploration
- Existing JORC 2012 Resource of 434,000oz grading 2.12g/t (see Note 1 below)
- Comprehensive regional geological database
- Assets close to existing third party milling infrastructure
- Strategic joint ventures in place at no cost to Intermin covering 350km2in WA and a world-class vanadium resource in Queensland (1,500km2)
Company overview
- High quality landholding in the Goldfields of Western Australia
- Strong leadership with extensive mining, exploration and corporate management experience
- Generating near-term cash by developing gold projects via third party infrastructure
- Cash and tradeable securities of $11.1M and no debt (see Note 2 below)
- Building a long term gold production profile
- Fully funded 55,000m resource growth and new discovery drill program for 2018 well underway
- Pursuing regional consolidation opportunities of high potential exploration and development assets
- Joint ventures for multi-commodity non-core projects across several regions with quality partners
"Growth strategy centered on discovery and resource expansion through self funded exploration."
Notes:
1. As announced to the ASX on 13 March 2018, see also JORC Table, Notes and Competent Persons Statement on Slide 2 in link below
2. As at 31 March 2018, as announced to the ASX on 30 April 2018
To view the full presentation, please visit:
http://abnnewswire.net/lnk/OLVNLSKI
Jon Price MSc (Mineral Economics) MAusIMM, MAICD Managing Director T: +61-8-9386-9534 F: +61-8-9389-1597 E: admin@intermin.com.au W: www.intermin.com.au
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