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IMX Resources appoints Andrew Steers as acting chief executive officer

IMX Resources (ASX: IXR) has appointed Andrew Steers as acting chief executive officer with immediate effect, following the resignation of managing director, Duncan McBain.

Steers currently holds the position of chief financial officer and company secretary, and is an integral part of the group’s executive management.

With the appointment of Steers as acting chief executive officer the business will continue to advance its current initiatives, whilst allowing the board to continue its search for a new managing director.

On August 29 IMX kicked off a second round of reverse circulation drilling at the highly prospective Snaefell iron ore prospect.

The prospect offers high potential due to its location just 12 kilometres to the south-west of the producing Cairn Hill magnetite copper gold mine.

Snaefell is part of the wholly owned Mt Woods Iron Project, which is interpreted to have a strike length of more than 3 kilometres - and a vertical depth extent of at least 250 metres.