IMA 1.35% 7.3¢ image resources nl

up grade atlas deposit, page-7

  1. 632 Posts.
    Looks like that news is starting to get out there!!

    From today's Australian...


    WOW! They sprung out of the barrier gates this morning.
    Suddenly the resources markets are once again brimming with confidence, companies falling over themselves to get announcements out -- possibly fearful that they get some momentum while the going is good......

    ......Zircon resource up 120 per cent. Wow, again. Image Resources says its Atlas mineral sands deposit in Western Australia now has 102,000 tonnes of high value zircon (against 46,000 tonnes previously) and the total contained heavy minerals content -- that is, the zircon plus ilmenite, leucoxene and rutile -- was up 40 per cent to 910,000 tonnes. Something very important to remember: Atlas is Image’s most advanced project in the west, but only a small portion of the total potential resource base. The company has still to drill 300km of targets so far identified. Yes, that’s 300km. The junior doesn’t get a lot of media attention, perhaps due to the fact that its ASX releases don’t reflect the level of excitement in the company about what it thinks it has found.
 
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