Divestment of Kalgoorlie Tenements
22 March 2016
Metaliko Resources Limited (ASX: MKO) (“Metaliko” or the “Company”) advises it has executed a formal
Tenement Sale Agreement for the majority of the Kalgoorlie Gold Project tenements with Intermin Resources
Limited (ASX: IRC) (“Intermin”).
The divestment will allow a focused exploration and development effort at the large and highly prospective
Yandal Gold Project where the Company is targeting the definition of an initial 3-5Mt of open pittable
resources to restart mining and processing at the Bronzewing Mill.
The total consideration for the sale is 5 million fully paid ordinary shares in Intermin which have a current
market value of approximately $375,000.
The Company has retained the Anthill Gold Prospect (M16/531) located 54km north west of Kalgoorlie and
plans to advance it toward a commercial outcome.
For further information, please contact:
Michael Ruane, Director [email protected]
Office Phone +61 8 9386 9527
MKO Price at posting:
5.0¢ Sentiment: Buy Disclosure: Held
