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HGO Takeover

Target Statement and Independent Experts Report

01-08-08 InterMet Third Supplementary Target's Statement
(65kb PDF)

14-07-08 InterMet Supplementary Target's Statement
(100kb PDF)

08-07-08 InterMet Target Statement and Independent Experts Report
(5.5Mb PDF)

Shareholder Information Line
Toll free inside Australia:
1300 858 611
Outside Australia:
+61 8 8232 8816

Updates and Announcements
04-07-08 ITT Valuation And Independent Directors Recommendation
(100kb PDF)
02-07-08 ITT Independent Board Committee (IBC) Letter
(60kb PDF)
11-06-08 Update On Capital Raising and Takeover Response
(40kb PDF)

Takeover Panel
25-06-08 Takeovers Panel Response
(30kb PDF)
11-06-08 ITT Takeovers Panel Application
(60Kb PDF)

HGO offer for ITT
12-05-08 ITT Takeover Offer - Release from ITT
(30kb PDF)
12-05-08 HGO Offer For ITT - HGO Release
(65kb PDF)


Project News

18-07-08 Drilling Begins At Paddy Iron Prospect Qld
(40kb PDF)
30-06-08 Conceptual Target For Munderra
(940kb PDF)
26-06-08 Maiden Percyvale Gold Resource
(130kb PDF)
23-06-08 UEQ Drilling Results from Watson
(180kb PDF)
13-06-08 Drilling Results For Precyvale
(280kb PDF)
more in news...

Mt Lucy

ML 20488

Mt Lucy is located approximately 5km west of Almaden, 130km west-southwest of Cairns, Queensland. Mt Lucy is a hill of ironstone rising approximately 100m above the plain and approximately 300m long.

To the southeast the ironstone ends abruptly, but to the northwest it can be traced for several hundred metres down the flank of a ridge and across the flats in a series of rubbly sub-crops to another low ironstone outcrop that lies alongside the highway.

InterMet is targeting a potential high-grade magnetite deposit up to 10Mt (based on a thickness of 80m) and will scope the possibility of mining the hill, adding to other potential iron resources at Paddy (ML 3945) and Mt Ruby (MLA 20414).  Further drilling to define the depth and the continuation of the mineralisation is planned.

Magnetite outcropping at Mt Lucy.

Mt Lucy was mined in the early 1900’s providing iron to the smelter at Chillagoe, 25km to the north-northwest though has not received any serious exploration as an iron ore prospect. The iron at Mt Lucy is a classic magnetite skarn produced by the intrusion of granite into limestone producing a concentration of magnetite with accessory garnet.

Granite can be observed in contact with the iron within the main outcrop. A secondary low hill of ironstone located approximately 600m to the southwest provides encouraging signs that the ironstone body forms is continuous below the current land surface.

Magnetite-granite contact at Mt Lucy.

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