Melior has commenced commissioning operations at the Goondicum Mine and is on schedule to ramp up to full production with positive cash flow by mid 2019

Goondicum has extensive infrastructure in place, and is primed for low cost long life 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

 

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The Company

Welcome to Melior Resources Inc. (TSXV:MLR) 

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. Melior has commenced commissioning operations at the Goondicum Mine and is on schedule to ramp up to full production with positive cash flow by mid 2019.

A recent Preliminary Economic Assessment (Apr 2018) of Goondicum, completed by a leading industry consultant, using their own medium and long term ilmenite price forecasts, generally confirmed the results of the Company’s internally prepared feasibility study, projecting Goondicum as being economically attractive with an after tax rate of return of 92% and an NPV of US$46.4M.  This study is based on required capital expenditure of US$7.0M over a six month period to yield a 9 year mine life with an average annual production of 160,000 tonnes of ilmenite and 40,000 tonnes of apatite.

For more project information click here.

Recent News

Goondicum Successfully Completes Month One of Commissioning

11 December 2018

Melior Shareholders Approve Plan of Arrangement

27 November 2018

Goondicum Processing Facility Commences Mineral Commissioning

9 November 2018

Melior Announces Filing and Mailing of Meeting Materials for Upcoming Annual and Special Meeting of Shareholders

6 November 2018

Goondicum Processing Facility Commences Wet Commissioning

22 October 2018

Melior Reports on Progress Towards Production at the Goondicum Mine  

20 September 2018

Melior Announces Merger wit ASX Listed Metallica Minerals Ltd

12 September 2018

Melior Provides Update on Special Meeting of Shareholders and Continuance

10 August 2018

Melior Executes Replacement Loan Agreement

10 August 2018

Melior Reports on Progress Towards Production at the Goondicum Mine

03 August 2018

Melior Announces Positive Restructuring of Loan Facilities

24 July 2018

Melior Files Notice of Special Meeting of Shareholders Regarding Continuance from Canada to Australia

03 July 2018

Melior Adds Non-Executive Director to the Board

22 June 2018

Melior Completes Share Consolidation

15 June 2018

Melior Reports on Progress Towards Production at the Goondicum Mine

29 May 2018

Melior Announces Restart of the Goondicum Mine

19 April 2018

Melior Signs US$12.25M in Debt Facilities and 600,000 Tonne Ilmenite Offtake

10 April 2018

Melior Engages CSIRO to Advance Browne Technology 

22 February 2018

Melior Closes Final Tranche of Private Placement 

1 February 2018

Melior Closes First Tranche of Private Placement and Provides Update on Debt Financing for Goondicum Restart

25 January 2018

Melior Chairman and CEO Exercise Stock Options

10 January 2018

Melior Reserves Price for Financing

05 January 2018

 

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Presentations & Reports

Investor Presentation 18 November 2018

Metallica and Melior Merger 8 November 2018

Goondicum Preliminary Economic Assessment 20 April 2018