Australia's Image Resources jumps on deal to extend zircon mining ops in WA

Image Resources NL

09/09/2022 05:54

** Shares of Image Resources NL  IMA.AX  rise as much as
10.7% to A$0.155 - on track for their best day since Aug. 24 
    ** Stock hits highest level since Aug. 29 
    ** Mineral sands miner says executed agreement to receive
access to a zircon-rich Boonanarring mineral sands project in
North Perth Basin, Western Australia  urn:newsml:reuters.com:*:nASX51RpRv
    ** Co says access to mining in this area enables it to
extend operations at Boonanarring for further 3-4 months and
pushes completion of ore processing to May-June 2023
    ** Shares down 31.7% YTD, as of last close 

 (Reporting by Nausheen Thusoo)
 ((Nausheen.Thusoo@thomsonreuters.com;))