IMX Resources Limited (TSX:IXR,TSX:IXR.WT,ASX:IXR) announced high grade nickel sulphide intersections from the on-going Sleeping Giant infill drilling program.
IMX’s Managing Director, Niel Meadows said:
We are very encouraged by the new high grade results from the infill drilling which is continuing to demonstrate overall continuity of both the Sleeping Giant and overlying hanging wall zones of mineralisation. Our analysis of the mineralogy from the drill assays also indicates that the mineralisation intersected will exhibit the same excellent metallurgical performance that we have demonstrated in our test work to date.
These results will be included in an updated resource estimate due for release in the first quarter of 2013. Our geological team continues to test the exploration potential of this evolving nickel sulphide camp. IMX is committed to further drilling to enhance the already robust economics of development of the Ntaka Hill Nickel Sulphide Project.