IMAGE RESOURCES MINES ULTRA HIGH GRADE, ZIRCON-RICH ORE AT BOONANARRING
ZIPRO is pleased to announce Image Resources NL (ASX: IMA) has identified and mined a zone of ultra-high-grade (UHG) ore at its 100%-owned, highgrade, zircon-rich Boonanarring mineral sands project located 80 km north of Perth in the infrastructure-rich North Perth Basin in Western Australia.Ore mining operations in the eastern strand of the Boonanarring deposit have exposed and mined a 4-6m wide by 1-3m thick zone of UHG ore extending approximately 60m along strike in the current mining section, and continuing into the adjoining 60m mining section that has yet to be fully cleared of overburden. A single grab sample taken from the top of the in-situ ore prior to mining (not representative of total ore mined from this zone), returned results of 95% heavy minerals (HM) and 70% zircon in the HM (Photo 1) indicating this ore may be ‘natural’ heavy mineral concentrate (HMC). This ore could prove to be more valuable per tonne than the Company’s high-quality HMC produced through the wet concentration plant which typically contains 90-92%HM and 30% zircon. Therefore, this UHG ore was stockpiled separately and may be handled as “direct shipping ore” (DSO).
Resources : www.imageres.com.au
ZIPRO is pleased to announce that our parent company VESTPRO INTERNATIONAL LIMITED has invested in and purchased a specific share of the WIM 150 Mineral Sands project. The WIM 150, is a principally a zircon development project, which it’s product suite will approximately comprise 56% of Zircon flour, 23% of Rare earth mineral concentrate and 21% of Titanium products, located in the Wimmera region of western Victoria, approximately 20 km south-east of Horsham and 280 km north-west of Melbourne in Australia.
ZIPRO is pleased to announce our parent company, VESTPRO INTERNATION LIMITED, in accordance with the Subscription Deem with Image Resources NL (ASX:IMA) , have subscribed major partial shares under the Image’s Equity Raising. Mr Bob Besley, Image Chairman commented, “The Company remains encouraged by the strong support shown from existing and new shareholders and institutions and in particular Vestpro International. Completion of the equity raising paves the way for the completion of evelopment of the Boonanarring project and the robustness of the project continues to strengthen as market prices for mineral sand commodities continue to rise.”