Nachingwea Regional Exploration Project

Nachingwea is a base and precious metals exploration project in south eastern Tanzania.

The Nachingwea Regional Exploration Project is 100% owned and operated by IMX Resources and comprises one of the best undeveloped nickel sulphide projects in the world; the Ntaka Hill Nickel Sulphide Project.

Exploration activity at Ntaka Hill has identified several zones of nickel sulphide mineralisation, where a combined Measured and Indicated Resource of 12.79 million tonnes (Mt) grading 1.21% Ni (using a 0.2% Ni cut-off) has been announced. The Resource equates to an estimated 154,700 tonnes of contained nickel.

In addition, an Inferred Mineral Resource of 45.04Mt @ 0.3% Ni (using a 0.2% Ni cut-off) has been identified at Ntaka Hill.

In addition to nickel sulphides, Nachingwea has also shown exploration potential for copper sulphides, gold and graphite.