IMX Resources Announces Report for Second Quarter

IMX Resources Limited (TSX:IXR, ASX:IXR) and its subsidiaries gave a report on their activities for the second quarter which ended on December 31st, 2012.

As quoted on the press release:

Ntaka Hill Nickel Sulphide Project

  • Discovery of new Zeppelin nickel sulphide zone over a 350 metre strike length, open in all directions
  • Discovery of two new high-grade nickel sulphide lenses from the Lightning Target
  • Identification of high-grade massive sulphide intervals including 1.25 metres @ 16.3% nickel within wide intersections of disseminated mineralisation
  • Infill drilling continued with multiple nickel intersections and wide zones of disseminated hanging wall nickel sulphide mineralisation confirmed
  • Flotation test work on disseminated hanging wall mineralisation from the Sleeping Giant Zone confirmed good recoveries (69%) and concentrate grade (11.2%) from 0.32% Ni head grade
  • Intersection of new high-grade and disseminated nickel sulphide mineralisation along the Ntaka-Lionja ultramafic trend
  • Completion of gravity survey

Click here to read the full IMX Resources Limited (TSX:IXR, ASX:IXR) press release.