News and Announcements
Intermin First Ore Produced at Teal
- Published April 27, 2017 12:00AM UTC
- Publisher Wholesale Investor
- Categories Company Updates
Intermin Resources Limited (ASX:IRC) is pleased to provide the March 2017 Quarterly Activities Report. Intermin is a gold exploration and development company with a key focus in the Kalgoorlie region of Western Australia.
KEY TAKEAWAYS:
- Ore mining commenced at the Teal open pit gold mine
- High rainfall in the region resulted in two wall slips at Teal requiring remedial work
- Excellent new drilling results released from December Quarter drilling programs
- Teal gold project Mineral Resource estimate increased 120% to 159,386 ounces
- Goongarrie Lady gold project scoping study complete with positive economic results
- Anthill golf project acquired on the highly prospective Zuleika Shear with significant potential for the definition of a substantial Mineral Resource.
- Joint venture partners commenced field programs at the Richmond Vanadium, Nanadie, Well copper-gold-PGE and Binduli gold projects.
- Cash and tradeable securities of A$4M
JUNE QUARTER ACTIVITIES
- Continued ore mining, haulage, processing and cash flow from Teal.
- Commencement of Resource definition, extension and new discover drill programs
- Engineering and approvals work as part of the Goongarrie Lady Feasibility Study
Intermin 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.
To view the reports, click on the links below.
Company Updates
The Index Approach in Early-Stage Venture Capital: Reconsidered
The venture capital (VC) landscape is marked by its dynamism and complexity, especially in early-stage investing. The traditional approach in VC, characterised by a selective and intensive vetting process, often contrasts with the concept of ‘index investing.’ This article revisits the indexing approach in early-stage VC, incorporating insights from recent studies and data, including a […]
The Future Is Now: The Evolution of Dealflow with Wholesale Investor
If you’ve ever thought of investing or expanding your portfolio, there’s no better time than the present. In the fast-paced world of investment, things are changing at a breathtaking speed, and it’s crucial to stay ahead of the game. The Future of Deal Flow is Today Dealflow, the lifeblood of the investment world, is not […]
Investability of a Startup: A Comprehensive Guide for Angels and High-Net Worth Investors
Venturing into the Startup Scene Let’s dive into the intriguing world of startups. It’s a thrilling ride, isn’t it? Like finding a pearl in an ocean, spotting a promising startup amidst a sea of businesses is no easy task. This guide aims to light the way, focusing on the “The Investability of a Startup: 7 […]
Backed By Leading Investment Groups and Family Offices
