IMA 0.68% 7.4¢ image resources nl

Ann: 102 MT INAUGURAL DREDGE MINING MINERAL RESOURCE ESTIMATE, page-8

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    And this from the Mining Journal of Feb 2021

    'The company is aiming to increase mineable reserves, evaluate deposits outside its portfolio and even consider further investments in exploration in the gold sector through its 100%-owned Erayinia project, also in WA."

    AND

    "It also has the Red Gully and Regans Ford high-grade deposits north of Boonanarring, which could be the next location for the WCP once ore reserves in the Atlas area are depleted.

    Meanwhile a scoping study is underway on Image's Bidaminna project, which has the potential to be a stand-alone dredge mining development operating in parallel with Atlas.

    Mutz said Image was also investigating the possibility of gaining access to other ore reserves outside of its current portfolio under its growth strategy.He confirmed Image continued to focus on mineral sands mining as its core business."However, it will conduct some exploration for gold to determine if its currently held Erayinia tenement has the potential to host economic gold mineralisation," he said."Work in this area will be elaborated on in future ASX announcements."

    AND

    "Image is now an established, profitable mining company with a strong net cash balance and with numerous 100%-owned projects for future development," he said."It will be debt-free and likely paying a dividend in 1H 2021, and is now focused on growing the company by seeking to identify additional and longer-life ore reserves and the potential of developing/operating more than a single mining operation from within its current portfolio or beyond."Image is currently a small company, however its ambitions are to grow into a sustainable mid-tier mining company."
 
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