(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.
- 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.
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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.