Mining Nerds



Independence Gold NL

Ticker: IGO : ASX Description: Independence Group NL engages in mineral exploration in Australia. It focuses primarily on nickel and gold deposits. The company has 100% interest in the Long Nickel Mine located at Kambalda in Western Australia. Independence Group's nickel projects include Duketon Joint Venture (JV); Irwizn Bore, Mt Tate, and New Taffy Well JVs; Yandal JV; Strata Kambalda JV; Lake Lefroy JV; and Goldsearch Musgrave SA JV. Its gold projects include Tropicana JV, Mt Padbury JV, Goldsworthy JV, Coomberdale, Cobar, Broadly Creek, Empress Springs, and Dalwallinu properties. Further, the company has an option agreement with Agincourt Resources Limited to acquire 70% nickel rights over a portion of their tenement package located on the northern end of the Agnew-Wiluna Greenstone Belt; and with Traka Resources, Ltd. to acquire 51% interest in the Ravensthorpe Nickel Project. Independence Group was incorporated in 2000 and is based in South Perth, Australia.
Shares (mm): 112.8
Market Cap (mm): $187.5
Cash Flow (mm): $49.6
Cash (mm): $26.1
Last Price: $1.66
$ Change:+0
% Change: 0.00%
Volume: 492,605
Website: www.independencegold.com.au
Google Finance: http://finance.google.com/finance?q=IGO.AX&hl=en
Insider
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