Intermin Resources Re-Commences Ore Mining in Stages 1 & 2

KEY TAKEAWAYS:

• Intermin Resources has re-commenced ore mining in stages 1 and 2.
• The company has mined 444,200 BCM from the two stages.
• The first toll treatment delivered 34700dt with a grade of 3.67g/Au.
• Large Resource extension drilling programs will begin in March and June Quarters.

Intermin Resources is glad to divulge that it has re-commenced ore mining in stages 1 and 2 following the completion of the wall cutback of the teal stage 2. The company managed to mine 444,200 BCM from the two stages, primarily instigated by the retrogression to single shaft method of operation. Material totalling to 2.20M BCM has been extracted from the pit with a volume of 2.28M BCM covering both Teal Stage 1 and Teal Stage 2.

The processing of ore at the Paddington Mill saw the production of 1287 fine ounces with final payments made in cash.

During the first toll treatment campaign, 34700dt were processed with a grade of 3.67g/Au. Also produced was a 96% recovery for the 3927 fines ounces generated.

The second treatment campaign is expected to process about 30,000t of stockpile ore while the third and fourth campaign is intended to be finalized by the end of February. All the mined ore are set to be treated in March Quarter.

Large Resource extension drilling programs are set to begin in March and June Quarters following the discovery of primary mineralization and thick high-grade oxide at the Jacques.

32 holes were finalized for the 3024m at the Jacques Find, Yolande prospects, Teal South and Peyes Farm.

46 holes have been completed for 6509m at the Anthill gold project, which is situated to the northeast of Kalgoorlie. A maiden JORC 2012 Resource is being compiled and is set to be finalized in the March Quarter 2018.

21 individual prospects have been defined to be considered for drill testing at the Blister Dam project together with RC and aircore methods.

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