Intermin is a gold exploration and mining company focussed on the Kalgoorlie and Menzies areas of Western Australia which are host to some of Australia’s richest gold deposits. The Company is developing a mining pipeline of projects to generate cash and self-fund aggressive exploration, mine developments and actively pursue step change M&A opportunities.
Intermin has a number of joint ventures in place across multiple commodities and regions of Australia providing exposure to Vanadium, Copper, PGE’s, Gold and Nickel/Cobalt. Our quality joint venture partners are earning in to our project areas by spending over $7 million over 3 years enabling Intermin to focus on the gold business while maintaining upside leverage.Eagle Research Advisory Report in August 2018
Jon Price, Managing Director
Mr Price is a metallurgist with a Masters in Mineral economics from the Western Australian School of Mines. He has over 30 years experience in mine development, mill construction, operations and corporate roles in Australia and overseas. He has spent over 25 years in the Western Australian goldfields as General Manager at Goldfields St Ives operation, Norton;s Paddington operation and founded Phoenix gold which was subsequently taken over by Evolution Mining in 2015.
What is your rationale for attending 121 Mining Investment?
General marketing to raise awareness of our growth plans and current M&A activity. Seeking interest from retail, HNW, family office and institutions.
What recent news would you like to highlight to investors attending?
Currently working through a merger with MacPhersons Resources and a proposed acquisition of the 2.1Moz Coolgardie gold project inclusive of a 1.2Mtpa processing plant to accelerate growth plans.
What are your key goals for the next 3, 6 and 12 months?
Complete the Merger with MacPhersons and finalise transaction documents for the acquisition of the Coolgardie gold project.
Progress a Feasibility Study of the consolidated assets to assess an initial 4-5 year mine plan underpinning a restart of the processing plant.
Complete the FS and financing and move to development of a long term sustainable production profile in 2021.
What do you see as the key risks and challenges facing your company at the moment and how are you overcoming these?
Equity raising difficult at the moment against a relatively poor sentiment and higher competition for capital.
In a sentence, what do you think makes your company such a compelling investment?
Early stage entry into an emerging mid tier business with experienced team and exposure to multiple commodities including gold, sliver, zinc, copper and vanadium.