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IMX Resources Expands Tanzanian Management Team

IMX Resources (ASX: IXR, TSX: IXR, IXR.WT) has appointed Heavenlight Edward Kavishe as country manager, Tanzania.

Neil Meadows, managing director, commented: "Kavishe's appointment enhances our in-house capability and better positions the company to manage the development of the Ntaka Hill Nickel Sulphide Project and to execute our growth strategy."

As country manager, Kavishe will be responsible for general administration at IMX's offices in Dar es Salam, where he will be based, and will work closely with Tanzanian government authorities and industry stakeholders.

Kavishe will also support the company's activities in community relations and regulatory and legal compliance.

While he was born and raised in Tanzania, Kavishe has lived, studied and worked in Bulgaria, the United Kingdom, Japan, Canada and the U.S.

He has held leadership positions within Tanzanian government agencies, including the National Development Corporation and the Parastatal Sector Reform Commission, which was responsible for the restructure and privatisation of state owned enterprises under the office of the President of the United Republic of Tanzania.

At Ntaka Hill, IMX recently uncovered a significantly larger area of ultramafic rocks associated with the Ntaka Hill Nickel Sulphide Project that have the potential to be mineralised.

The discovery was made through a recently completed gravity survey campaign in the Ntaka Hill-Lionja trend, within the company's Nachingwea land package in Tanzania.

IMX has outlined an aggressive exploration plan for 2013 with a spend of A$15 to $20 million to undertake Ntaka Hill resource expansion, feasibility work and Nachingwea regional exploration.

Preparations for the 2013 drilling program are well advanced and on track for commencement subsequent to the Tanzanian wet season.

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