Mindax Limited (ASX: $MDX) has reported its activities for the quarter ended 30 June 2024. The company completed soil sampling at the Mt Lucky Gold Project, identifying coherent gold anomalies and is in discussions with potential partners for the Mt Forrest Iron Project. Additionally, Mindax announced the successful completion of the phase two study for the Mid-West Shared Infrastructure Project, exploring potential pathways to advance the project and unlock the value of iron ore assets in the region.
The Company is pleased with the progress made in the recent quarter, particularly the successful completion of the phase two study for the Mid-West Shared Infrastructure Project. We are committed to exploring potential pathways to advance the project and unlock the value of iron ore assets in the region. Discussions with potential partners for the Mt Forrest Iron Project are ongoing, and we are optimistic about the future prospects of our projects.
Mindax Limited has made significant progress in the quarter ended 30 June 2024, with the completion of soil sampling at the Mt Lucky Gold Project and the successful phase two study for the Mid-West Shared Infrastructure Project. The company is actively exploring potential pathways to advance the infrastructure project and unlock the value of iron ore assets in the region. Discussions with potential partners for the Mt Forrest Iron Project are ongoing, and the company remains optimistic about its future prospects. Mindax's strategy is to realize shareholder value by exploring existing projects, pursuing new opportunities, and amalgamating holdings through acquisition and corporate activity. The company's capital structure and corporate strategy reflect its commitment to achieving its objectives and delivering value to its shareholders.