News and Announcements
Intermin Resources Receives First Revenue From the Teal Open Pit Gold Mine Worth $3.5 & Reports $4.4m in Cash & Tradable Securities
- Published August 11, 2017 12:00AM UTC
- Publisher Wholesale Investor
- Categories Company Updates
Intermin Resources Limited (ASX:IRC) has recently provided their June 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:
- First revenue received from the Teal open pit gold mine with $3.5 received
- Mill reconciled tonnes and grade to date in line with Reserve model estimates
- $896,000 received from exercise of listed 7.5c options that expired on 30 June 2017
- Completion of Menzies – Goongarrie Joint Venture Agreement with Eastern Goldfields Ltd
- Project evaluation and exploration targeting activity complete
- Joint venture partner Mithrill Resources Limited intersected 30 metres
- Cash and tradable securities of A$4.4m
Intermin is a gold exploration and mining company focused on the Kalgoorlie and Menzies areas of Western Australia which are host to some of Australia’s richest gold deposits.
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