Melior is restarting operations at the Goondicum Mine and targeting production by November 2018

Goondicum has extensive infrastructure in place, and is primed for low cost operations

Recently completed PEA shows a robust, low capital, high return project at current prices

Ilmenite is a titanium feedstock used for the production of pigment required in a wide range of industrial applications

Goondicum apatite is environmentally friendly and ideally suited to organic fertilizer manufacturing

 

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TSX logo2

The Company

Welcome to Melior Resources Inc. (TSXV:MLR) 

Melior Resources Inc. (Melior) is a TSX Venture Exchange listed company focussed on assessing, developing and operating resource projects.

Melior’s major asset is the Goondicum Ilmenite and Apatite Mine (Goondicum) located at Monto in Queensland, Australia. Goondicum was placed on care and maintenance in July 2015 due to very weak ilmenite prices.  A recent Preliminary Economic Assessment (Apr 2018) of Goondicum, completed by a leading industry consultant, using their own medium and long term ilmenite price forecasts, generally confirmed the results of the Company’s internally prepared feasibility study, projecting Goondicum as being economically attractive with an after tax rate of return of 92% and an NPV of US$46.4M.  This study is based on required capital expenditure of US$7.0M over a six month period to yield a 9 year mine life with an average annual production of 160,000 tonnes of ilmenite and 40,000 tonnes of apatite.

Melior is now fully funded and preparing to restart production at Goondicum by November 2018 with the project anticipated to be cash positive by second quarter 2019.

For more project information click here.

Recent News

Melior Adds Non-Executive Director to the Board 

22 June 2018

Melior Completes Share Consolidation

15 June 2018

Melior Reports on Progress Towards Production at  the Goondicum Mine

29 May 2018

Melior Announces Restart of the Goondicum Mine

19 April 2018

Melior Signs US$12.25M in Debt Facilities and 600,000 Tonne Ilmenite Offtake

10 April 2018

Melior Engages CSIRO to Advance Browne Technology 

22 February 2018

Melior Closes Final Tranche of Private Placement 

1 February 2018

Melior Closes First Tranche of Private Placement and Provides Update on Debt Financing for Goondicum Restart

25 January 2018

Melior Chairman and CEO Exercise Stock Options

10 January 2018

Melior Reserves Price for Financing

05 January 2018

Melior Board Changes

12 December 2017

Melior Signs 1o-Year Fertilizer Offtake Agreement

8 November 2017

Melior Secures Loan Facility for Restart of the Goondicum Mine

26 October 2017

Melior Appoints Chief Operating Officer

7 August 2017

Melior Amends its Loan Facility

12 July 2017

Melior Provides Update on Progress of Strategic Plan and Agrees to Amend Loan Facility
27 June 2017

Melior Takes Steps to Restart the Goondicum Mine
14 February 2017

Melior Completes Private Placement of Common Shares Raising C$1.8 Million
20 December 2016

Preliminary Economic Assessment Findings for the Goondicum Project Released
5 December 2016

Amendment to Loan Facility and Update on Previously Disclosed Rothschild Litigation
9 November 2016

Updated NI43-101 Released
17 October 2016

Update on Previously Disclosed Rothchild Litigation
7 September 2016

Melior Investor Presentation
18 August 2016

Loan Facility Extension and Corporate Update
18 July 2016

2015 Annual Financial Statements
22 October 2015

Operational & Strategic Update for the Goondicum Mine
2 August 2015

Operational & Strategic Update for the Goondicum Mine
8 July 2015

Mineral Commissioning to Commence at the Goondicum Mine
7 April 2015

Goondicum Operation Resource Addition
11 March 2015

2014 Annual Financial Statements
18 September 2014

Clarification on Restart of the Goondicum Project
5 September 2014

Restart of the Goondicum Project
27 August 2014

Quarterly Report – march 2014
27 May 2014

Closing of the Belridge Acquisition & Appointment of CEO
15 May 2014

Proposed Acquisition of Belridge Enterprises
15 May 2014

Quarterly Report – December 2014
24 February 2014

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Presentations & Reports

Investor Presentation 16 July 2018

Goondicum Preliminary Economic Assessment 20 April 2018