Image Resources (IMA)

Shares / Stock Code

IMA

Stock Exchange / Sharemarket

Australian Securities Exchange

Image Resources (IMA) is an exploration company primarily searching for gold and nickel, with tenements mainly in Australia. Key projects are located in the Pilbara, Eastern Goldfields, Southern Cross and Forrestania regions of Western Australia and the Tennant Creek area of the Northern Territory. The company has formed several joint ventures with mid-cap companies to increase its exploration activities. The company was incorporated in 1994. It listed on the ASX on 4 July, 2002.

As of June 30, 2009, Image Resources retained interests in a package of gold and nickel tenements through joint ventures with Emu Nickel NL, Meteoric Resources NL, Magnetic Resources NL, Catalpa Resources Ltd and Sipa Resources Ltd. Image holds tenements in the Eucla Basin, a zircon exploration province. The Image tenements comprise a 100% interest in 1,589 square kilometer of exploration licenses in the basin including 466 square kilometer adjacent to the Cyclone discovery. During the fiscal year ended June 30, 2009, Image carried out a major aircore drilling programme at Serpentine Lakes (210 holes, 8,497meter) to test strike extensions of the zircon–rich Cyclone resource and several other targets.

The company has a large aeromagnetic database, which is unusual for a junior exploration company. This enables the company to identify and acquire prospective areas.

Major competitors of Image Resources include exploration and mining companies throughout Australia and overseas which focus on large nickel deposits. Customers include the industrial sector, companies in the production of ship propellers, kitchen supplies, and armor plates.

Image Resources (IMA) Products and Services

  • Mining Exploration

Image Resources (IMA) Locations and Subsidiaries

Image Resources Head Office
Level 2, 16 Ord Street,
WEST PERTH, WA 6005
Phone: 61 8 9485 2410
Fax: 61 8 9485 2840

Image Resources (IMA) Share Price

Submitted by ASX Listed Company on 22 April, 2010 - 21:54

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