Perth, Australia (ABN Newswire) - Image Resources NL (ASX:IMA) provides the Company's Quarterly Activities Report for the quarter ended 31 December, 2017.

HIGHLIGHTS

- Zircon prices continue to rise;

- Boonanarring Project NPV increased to A$197M;

- A number of indicative funding proposals evaluated and a preferred debt provider selected with due diligence well advanced;

- Interim equity funding of A$4M raised 11 December; and

- Final project regulatory approval received 30 October.

To view the full report, please visit:
http://abnnewswire.net/lnk/D9B1ZFUR



About Image Resources NL:

Image Resources NL (ASX:IMA) is an emerging Mineral Sands producer focused on the development of its high-grade Boonanarring Project in the North Perth Basin while continuing to expand its resources and reserves base.



Source:

Image Resources NL



Contact:

Patrick Mutz
Managing Director
T: +61-8-9485-2410
E: info@imageres.com.au
www.imageres.com.au