EXPLORATION & DEVELOPMENT

Intermet shoots up on iron find

SHARES in Intermet Resources have jumped over 57% on initial exploration work at its Paddy prospect within the Munderra project in north Queensland, where iron values up to nearly 70% have been found.

Rebecca Lawson

Intermet shoots up on iron find

Reconnaissance mapping and sampling of the outcropping iron mineralisation has defined three main magnetite lenses mapped for up to 500m along strike with each lens up to 50m in width. Initial sampling...

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