Image Resources NL

ABN Newswire stocks to watch today include: Marion Energy Limited (ASX:MAE), Texon Petroleum Limited (ASX:TXN), Magnetic Resources (ASX:MAU), Image Resources NL (ASX:IMA) (PINK:IMREF), Pacific Enviromin Limited (ASX:PEV), Krucible Metals Limited (ASX:KRB), and Havilah Resources NL (ASX:HAV).

Image Resources NL (ASX:IMA) (PINK:IMREF) is about to commence the measured resource estimate for its Atlas heavy mineral deposit. The results of this work are expected to demonstrate how attractive this heavy mineral resource is to both end users and producers and allow Image to determine, on a more informed basis, how best to commercialise the project.

Image Resources NL (ASX:IMA) (PINK:IMREF) infill drilling programme that will support a measured resource estimate at Image's high grade Atlas project is complete. This drilling closes the drill hole pattern to 100m x 20m, and brings the number of holes drilled at Atlas to 1,721, for a total of 22,130m. Forty percent of the sample processing is complete. Results so far confirm the high grades found last year and have extended high grades 200 metres to the south.

Image Resources NL (ASX:IMA) (PINK:IMREF) is pleased to provide a Quarterly Activities Report For The Period Ended 31 December 2009.

ABN Newswire stocks to watch today include: Galaxy Resources Limited (ASX:GXY) (PINK:GALXF), Image Resources NL (ASX:IMA) (PINK:IMREF), Havilah Resources NL (ASX:HAV), Drillsearch Energy Limited (ASX:DLS) (PINK:DRLLF) and Beach Energy Limited (ASX:BPT) (PINK:BEPTF).

As previously reported, Image Resources NL (ASX:IMA) (PINK:IMREF) completed a 402-hole, 16,308m aircore drilling programme at Serpentine Lakes in the Eucla Basin, following up its earlier drilling which intersected significant thicknesses of zircon-rich heavy minerals (HM). Zircon comprises up to 45% of the HM assemblage and is of great significance because it is the highest value mineral normally found in HM deposits.

ABN Newswire stocks to watch today include: Focus Minerals Limited (ASX:FML), Australian Bauxite Limited (ASX:ABZ), Image Resources (ASX:IMA) (PINK:IMREF), Coalspur Mines Limited (ASX:CPL) (PINK:CSPZF) and FerrAus Limited (ASX:FRS) (PINK:FRRAF).

Infill drilling has commenced at Image Resources (ASX:IMA) (PINK:IMREF) high grade Atlas deposit in the North Perth Basin. The drilling is designed to upgrade the resource to measured status by increasing the drillhole density from 200m by 20m to 100m by 20m. Approximately 400 holes will be drilled, with completion of drilling expected by mid February.

ABN Newswire stocks to watch today include: Image Resources (ASX:IMA)(PINK:IMREF), Carbon Energy Limited (ASX:CNX)(PINK:CNXAF), Kingsrose Mining Limited (ASX:KRM) and Bandanna Energy Limited (ASX:BND).

Image Resources (ASX:IMA)(PINK:IMREF), following additional detailed ground magnetic surveys in the south eastern part of the Cooljarloo heavy mineral project (Image 70%), a revised interpretation has more clearly defined drilling targets along strike from existing defined resources.