Melior is focused on facilitating the restart of operations at the Goondicum Mine

Goondicum is a past producer of ilmenite and apatite, 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

The Company

Welcome to Melior Resources Inc. 

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 (Nov 2016) of Goondicum, completed by a leading industry consultant, using their own medium and long term ilmenite price forecasts, confirmed the project as being economically attractive with an after tax rate of return of 178% and an NPV of US$52.8M.  This study is based on required capital expenditure of US$5.96M over a six month period to yield a life of mine average annual ilmenite production rate of 181,000 tonnes.

Since late 2016, sulphateable ilmenite prices have improved by almost 300% on their 2015 lows making a restart of Goondicum a very attractive proposition.  The Company is now focused on restarting Goondicum and is in discussions with a range of prospective strategic partners to this end.

For more project information click here.

 

Recent News

Melior Appoints Chief Operating Officer

7 August 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

 

Presentations & Reports

Investor Presentation 16 June 2017

Goondicum Preliminary Economic Assessment 25 November 2016

Goondicum 43101 Report 26 September 2016

Investor Presentation 19 November 2014