IMX Resources of Australia (ASX:IXR, TSX:IXR) is carrying out exploration at the Nachingwea Property in the Mozambique Belt which is prospective for graphite, nickel, gold and copper mineralization.
At Nachingwea, IMX is carrying out exploration at its Chilalo Graphite Project and at its Kishugu Gold Prospect and a significant nickel resource has been defined at its Ntaka Hill Nickel Project.
According to a recent statement by Phil Hoskins, CEO of IMX Resources Ltd, the company looks forward to put Chilalo on the map as one of the highest quality, undeveloped graphite deposits in the world.