Simple mining operation with no pre strip, no drill and blast and short haul distances

Processing circuit has been well proven in previous operating periods using standard, low cost technology

Significant infrastructure in place with potential to reduce logistics cost via haul road & port optimisation

Goondicum ilmenite is high grade with attractive features for sulphate pigment manufacturers

Goondicum apatite is environmentally friendly & 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 is currently on care and maintenance pending an improvement in the titanium feed-stock industry and specifically sulphatable ilmenite pricing. 

A recent Preliminary Economic Assessment 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.

In light of a strongly improving ilmenite market, Melior is reviewing the status of Goondicum with a view to assessing the merit of restarting the project.

For more project information click here.