Image Resources NL (ASX:IMA) Quarterly Activities Report

(MENAFN- ABN Newswire) Perth, Feb 1, 2018 AEST (ABN Newswire) - Image Resources NL () provides the Company's Quarterly Activities Report for the quarter ended 31 December, 2017.

HIGHLIGHTS

- Zircon prices continue to rise;

- Boonanarring Project NPV increased to A$197M;

- A number of indicative funding proposals evaluated and a preferred debt provider selected with due diligence well advanced;

- Interim equity funding of A$4M raised 11 December; and

- Final project regulatory approval received 30 October.

To view the full report, please visit:



About Image Resources NL

Image Resources NL ()is an emerging Mineral Sands producer focused on the development of its high-grade Boonanarring Project in the North Perth Basin while continuing to expand its resources and reserves base.

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