IMI

IMI has outlined an encouraging early-stage antimony-gold hydrothermal system at Tanjil Dome with high-grade stibnite veining (up to 48.7% Sb) and anomalous gold (1.35 g/t Au) over a 500m soil anomaly, supported by multiple mineralization styles (veins, breccias, altered dykes). The prospect remains open with lab assays pending and systematic follow-up (soil extension, trenching, drill targeting) planned.

IMI's Hillside project shows compelling high-grade poly-metallic rock-chip results (9.4% Cu, 163 g/t Ag) from a 9 km VMS-style gosssan corridor near Sulphur Springs, with 64% anomalous sample rate signaling material exploration potential. Stock has already run +33% in 5 days ahead of this announcement; drilling approvals are the next catalyst.

IMI's lab-scale metallurgical tests show promising 100% copper recovery from 100-year-old Cangai tailings (up to 45% Cu grade) using Orivium's proprietary extraction technology, though commercial viability remains unproven and plant design is only now underway. With a tiny $3.36m market cap and no JORC resource estimate yet, this is early-stage opportunity development—success hinges on engineering validation and economic feasibility studies.

IMI has identified material flaws in the Cangai copper MRE (block model validation, cut-off grade issues) acquired only 6 months ago, forcing a complete re-estimation over ~3 months. The slag dump asset remains unaffected and the company is continuing broader exploration, but the core Cangai in-situ resource is now in limbo pending independent remodeling.