XAO 0.14% 8,598.0 all ordinaries

Short Term Trading - Weekend Lounge:13 -15 Apr, page-29

  1. 516 Posts.
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    STTCOMP IRC, FA LONG

    SP.: 20c
    MC: $45M
    CASH: 9M

    Currently finishing up maiden open pit mining at Teal Project. Final mill results due this quarter.

    Currently driilling over 55000m over many leases with expansion drilling for Teal as well as resource increases at Anthill and Jacques.

    Anthill has current grades of up to 41m at 2.63gt Au and 17m at 5.37gt Au.

    Jacques has current grades of 5m at 6.94gt Au and 6m at 5.81 gt Au.

    IRC is also waiting on Metallurgicall test results from their JV Vanadium project with billion dollar Chinese company AXF due this quarter. The deposit is over 3B tons contained Vanadium with further resource drilling and talks with offtake partners due in 2018.

    As you can see its going to be a very busy year gor IRC with alot of news due this quarter.
 
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