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ACN 106 866 442

MINDAX: An emerging Mining House for key commodities

 

LATEST NEWS

Meekatharra North Project - Click for more detail Mt Forrest Project - Click for more detail

Mindax has an impressive portfolio of key commodity projects specialising in iron ore and gold.  Each of the projects is based in Western Australia and Mindax’s corporate office is based in Perth.

Mindax’s strategy is to build a Mining House for key commodities which rewards shareholders by exploting gold in the short term while positioning itself for the impending magnetite 'revolution'.

The Company is now building on previous exploration successes to develop projects through the development pathway to full production and in doing so increase shareholder value.

Mindax’s flagship project is the Mt Forrest iron project in the Yilgarn province. This is a world scale iron ore resource.  The Company has over 1.7 billion tonnes JORC resource which contains an impressive Magnetite resource and 27.1Mt DSO. There are also several prospective areas which have not yet been drilled. A positive updated scoping study was issued in November 2013. 

With Chinese steel mills becoming increasingly hungry for low polluting magnetite rather than DSO, Mindax is strategically moving to plan for this outcome.  The Mt Forrest magnetite deposit is well positioned to take advantage of Geraldton Port  where capacity is available. In addition, Geralton Port controls the prospective site of the Oakajee Port.

The Company has a highly prospective gold project at Meekatharra in a region which is well known for gold. In particular the company remains focussed on its ground 2km from Doray's Flagship Andy Well Gold Mine which produced some 300,000 ounces between 2013 and 2017 and hosts a remaining underground resource of over 500,000oz of gold within 8.8 gram per tonne. 

A renewed drilling program is expected to be undertaken in the quarter.

The Company continues to seek appropriate sources of funding to enable its projects to be advanced.

 

12/12/2018 - Company Update MOU

14/11/2018 - Results of AGM

31/10/2018 - Quarterly Activities Report

31/10/2018 - Quarterly Cashflow Report

16/10/2018 - Notice of Annual General Meeting/Proxy Form

More News »

 

CALDER REPORT

Duncan CalderTime to open up the MidWest

In line with Chinese Government policy to cut emissions, increasing demand from steel mills for less polluting magnetite iron ore will boost Western Australia’s magnetite production. Geraldton Port and the planned Oakajee are ideally placed to ship this product.

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