Skip to main content

AI assistant

Sign in to chat with this filing

The assistant answers questions, extracts KPIs, and summarises risk factors directly from the filing text.

MEEKA METALS LIMITED AGM Information 2010

Nov 29, 2010

65312_rns_2010-11-29_093ace3e-86cb-4d1e-9de8-bd6c3f5d9826.pdf

AGM Information

Open in viewer

Opens in your device viewer

==> picture [569 x 78] intentionally omitted <==

30[th] November 2010

Company Announcements Office Australian Securities Exchange Limited Level 4 20 Bridge Street Sydney NSW 2000

FOR IMMEDIATE RELEASE TO THE MARKET

CHAIRMAN’S ADDRESS 2010 ANNUAL GENERAL MEETING

The Board and I welcome all shareholders to the 2010 Annual General Meeting of Integrated Resources Group Ltd.

In the last financial year the company concentrated its efforts at the 100% owned Lyndon gold, silver and copper prospects located in the Gascoyne Region of Western Australia approximately 300km northeast of Carnarvon.The company was granted two further EL’s in the year taking the holding to four contiguous tenements (3 granted, 1 application) of 652 square kilometres.

The year saw the completion of sampling programs, heritage surveys, completion of various statutory requirements and a program of works for the Department of Mines and Petroleum in WA. finally a successful drill program that delivered results up to 40g/t high grade gold at the shallow depth of 50 metres with three main veins of up to 4 metres in width.

During the year the company finalized a share purchase plan followed by a placement to complete the above activities, and as a result, the company has sufficient working capital to complete a program of IP and EM surveys and other work in the coming quarter. Following these surveys to ascertain further targets at the Lyndon Bettina prospect, it is the intention of the company to drill to the south and southeast to prove up further extensions to the length and depth of the veins and, ultimately, mineral resources to JORC standards.

The Board believes that with the price of gold hitting the current record highs that the Lyndon Bettina mine has the potential to become an economic shallow open pit and a high grade underground gold mine.

The Board has the objective of becoming a larger exploration company and continues to investigate other gold tenements with the longer term plan to extend our gold property portfolio. The approach is cautious, we have researched many projects during the year and only short listed a few for further investigation.

==> picture [568 x 19] intentionally omitted <==

----- Start of picture text -----

www.integratedres ources .com.au
----- End of picture text -----

Integrated Resources Group Limited ABN 23 080 939 135 Level 11, 54 Miller Street NSW 2060 P 02 8913 6046 F 02 9929 8591

==> picture [568 x 77] intentionally omitted <==

My thanks once again to my fellow Directors and Company Secretary and consultant geologist Dr. Angus Collins for their continued support and hard work over the past year. We encourage shareholders to regularly review the company website http://www.integratedresources.com.au

==> picture [180 x 62] intentionally omitted <==

Tim Moore. Chairman.

Page 2