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intermin resources ltd (IRC) Snapshot

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07/14/14 - A$0.12
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intermin resources ltd (IRC) Details

Intermin Resources Ltd is engaged in the exploration and mining of gold and other mineral resources in Australia. The company also explores for vanadium/molybdenum, nickel, and copper ores. It primarily holds interests in the Binduli North, Menzies Gold, Nanadie Well, and Calcine Tailings projects located in Western Australia, as well as 100% interests in 13 granted exploration licenses covering an area of 2,100 square kilometers of outcropping toolebuc formation located near Richmond in North West Queensland. The company is based in Nedlands, Australia.

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intermin resources ltd (IRC) Key Developments

Mithril Resources Ltd Enters into Joint Venture Agreement with Intermin Resources Ltd to Earn Up to 75% Interest in 150 Sq Km Nanadie Well Copper Gold Project

Mithril Resources Ltd. has signed a farmin and joint venture letter agreement with Intermin Resources Ltd. to earn up to a 75% interest in the 150 sq km Nanadie Well Copper Gold Project, 100km southeast of Meekatharra in the Murchison District of Western Australia. The project hosts the Nanadie Well Copper Deposit, where a 2004 JORC Code Compliant Inferred Resource of 36.07Mt at 0.42% copper (151,506 tonnes copper) was estimated by intermin in September 2013. As such, the area is highly prospective for the discovery of new copper and gold mineralisation and contains a number of drill-ready targets that offer exploration upside.

Intermin Resources Ltd., Annual General Meeting, Nov 27, 2013

Intermin Resources Ltd., Annual General Meeting, Nov 27, 2013., at 14:00 W. Australia Standard Time. Location: 8th Floor, Exchange Plaza. Agenda: To receive and consider the annual financial report, together with the directors' report and auditors' report for the year ending June 30, 2013; to adopt remuneration report; and to re-elect Mr. Robin Dean as director.

Intermin Resources Ltd. Reports Unaudited Consolidated Earnings Results for the Half Year Ended December 31, 2012

Intermin Resources Ltd. reported unaudited consolidated earnings results for the half year ended December 31, 2012. For the period, the company reported revenue from continuing operations of AUD 94,590 against AUD 200,305 a year ago. Profit from continuing operations before income tax was AUD 564,297 against AUD 10,344 a year ago. Profit for the half-year was AUD 645,641 or 0.553 cents per basic and diluted share against AUD 10,344 or 0.001 cents per basic and diluted share a year ago. Net cash outflow from operating activities was AUD 211,324 against AUD 39,631 a year ago. Capitalized exploration and evaluation expenditure was AUD 633,414 against AUD 1,348,411 a year ago.


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