Investor Presentation May 2018
Perth, May 14, 2018 AEST (ABN Newswire) - Intermin Resources Limited (
ASX:IRC) provides the Company's latest Investor Presentation.
Asset overview
- High quality gold assets in the heart of the WA goldfields
- 100% ownership of 650km2 on Bardoc, Abattoir, Ida and Zuleika shear zones -350km2 acquired in last 18 months
- Walk up drill targets for new discovery exploration
- Existing JORC 2012 Resource of 434,000oz grading 2.12g/t
- Comprehensive regional geological database
- Assets close to existing third party milling infrastructure
- Strategic joint ventures in place at no cost to Intermin covering 350km2 in 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
- 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
To view the full presentation, please visit:
http://abnnewswire.net/lnk/74WJN5C5
About Horizon Minerals Limited
Horizon Minerals Limited (ASX:HRZ) is a gold exploration and mining company focussed on the Kalgoorlie and Menzies areas of Western Australia which are host to some of Australia's richest gold deposits. The Company is developing a mining pipeline of projects to generate cash and self-fund aggressive exploration, mine developments and further acquisitions. The Teal gold mine has been recently completed.
Horizon is aiming to significantly grow its JORC-Compliant Mineral Resources, complete definitive feasibility studies on core high grade open cut and underground projects and build a sustainable development pipeline.
Horizon has a number of joint ventures in place across multiple commodities and regions of Australia providing exposure to Vanadium, Copper, PGE's, Gold and Nickel/Cobalt. Our quality joint venture partners are earning in to our project areas by spending over $20 million over 5 years enabling focus on the gold business while maintaining upside leverage.
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