The nickel sulphide mineralisation occurs as disseminated and net textured sulphides within altered ultramafic units. Several stacked units of nickel mineralisation have been intersected within the drilling as shown on the cross section in Figure 2 below.
To view "Figure 2. Generalised cross section along 8883175mN of Zeppelin, H and Sleeping Giant zones with interpreted geology and nickel mineralisation" please visit the following link: http://media3.marketwire.com/docs/Figure2Zeppelin.pdf
At present the mineralisation is not closed off and the 2013 field season will focus on extending the strike extents of the mineralised zones north and south of the drilling completed to date.
Those mineralised zones intersected, start from approximately 30m down hole, with several large drill intersections of sulphide mineralisation up to 60m thick.
Results from exploration work carried out at the Zeppelin deposit will be incorporated into an upgraded Mineral Resource estimate for Ntaka Hill, which the Company expects to complete during the June quarter 2013. While the Company anticipates that the Zeppelin deposit may be amenable to open pit mining, completion of an upgraded Mineral Resource estimate will allow for an assessment of the potential for open-pit mining.
Competent Persons / Qualified Person / NI 43-101 Statement
Information in this report relating to exploration results is based on data collected under the supervision of, or compiled by Patricia Tirschmann, who is a full time employee of IMX. Ms Tirschmann is a registered member of the Association of Professional Geoscientists of Ontario and has sufficient relevant experience as a qualified person as defined by NI 43-101 and a competent person under the Australian JORC (2004). Ms. Tirschmann consents to the inclusion of the data in the form and context in which it appears, and approves this disclosure.
The drilling was completed by Capital Drilling (Tanzania) Limited. Drill core samples (NQ) are cut in half by a diamond saw on site. Half of the core is retained for reference purposes. Samples are generally 1.0 metre intervals or less, at the discretion of the site geologists. Sample preparation is completed at the ALS Chemex preparation laboratory in Mwanza, Tanzania. Sample pulps are sent by courier to the ALS Chemex analytical laboratory in Vancouver, Canada. Blank samples and commercially prepared and certified Ni sulphide analytical control standards with a range of grades are inserted in every batch of 20 samples, or a minimum of one per sample batch. Analyses for Ni, Cu and Co are completed using a peroxide fusion preparation and ICP-AES finish (Analytical Code ME-ICP81). Analyses for Pt, Pd, and Au are by fire assay with an ICP-AES finish (Analytical Code PGM-ICP23).
About IMX Resources Limited
IMX is an Australian based mining and base and precious metals exploration company, listed on the Australian Securities Exchange ('ASX') and Toronto Stock Exchange ('TSX'), with exploration projects located in Australia, Africa and North America.
In Africa, IMX owns (100%) and operates the highly prospective Nachingwea Exploration Project in south-eastern Tanzania, which includes the potentially world-class Ntaka Hill Nickel Sulphide Project, located approximately 250km west of the port town of Mtwara. Nachingwea is highly prospective for nickel and copper sulphide, gold and graphite mineralisation. The Ntaka Hill Nickel Sulphide Project is one of the world's best undeveloped nickel sulphide projects and has the potential to produce a very clean, high-quality, premium nickel concentrate.
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