Image Resources defines 4 HM targets at Cooljarloo Nth
10:27, Tuesday, 24 October 2006
Sydney - Tuesday - October 24: (RWE Aust Business News) - Image
Resources (ASX:IMA) has completed a detailed ground magnetic survey at
Cooljarloo North, 5km from the Cooljarloo JV, Western Australia.
Four high priority heavy mineral (HM) targets have been
identified with aggregate strike length of more than 12km.
Target 1 is 1.2km, forming part of a 4km aeromagnetic target
which had a result of 8m at 29.1 per cent HM from 6m in a drill
intersection with 4m at 49.2pc from 6m.
Target 2 is 4km and targets 2 and 4 1.1km and 3.3km respectively.
Previous drilling appears limited to the northern end of target 3
with 3m at 1.4pc HM from 18m the best intersection
GreatPig said:Up around 10% at the moment, retracing practically the whole drop of this current month.
speves said:Moving up on low volumes at the moment......any news about on IMA?
David's been a fantastic supporter of IMA. It's only been recently that I've kept a close eye on this mineral exploration company. David will sell some of his IMA shares, but that's fair enough - otherwise the 40k portfolio will be too lopsided.speves said:IMA got a big rap in this weeks Bulletin magazine with David "The Speculator" Haselhurst retain all of the Image stock in his 2007 portfolio:
Explains the buy up of sub $2.00 stock yesterday.
things are looking up :