Impact Minerals  September 2021 Quarterly Report

Impact Minerals September 2021 Quarterly Report

impact Minerals Limited (ASX:IPT) is pleased to announce the company's September 2021 Quarterly Report.

1. COMMONWEALTH Cu-Au PROJECT, NSW (IPT100%)

  • A large halo of copper and associated altered rocks covering a 1,000 metre by 1,000 metre by 350 metre deep area identified at Apsley.
  • Up to nearly 250 metre thick drill intercepts averaging from 100 ppm to 200 ppm copper with associated molybdenum and alteration minerals typical of the outer zones of a porphyry copper-gold system.
  • Similar copper values and alteration at the Ridgeway Mine occur within only 200 metres to 300 metres of the high grade core.
  • Metal zonation patterns have identified three areas for follow up work
  • COVID lockdown in NSW has curtailed activity in NSW until 2022.

2. ARKUN Ni-Cu-PGM PROJECT, WA (IPT100%)

  • 11 targets for Ni-Cu-PGM and 11 targets for lithium-cesium-tantalum (LCT) pegmatites identified with soil anomalies for both styles of mineralization extending over significant areas of many hundreds of metres on reconnaissance traverses.
  • The Arkun project is very poorly explored with no drilling and no previous lithium exploration.
  • Follow up work including field checking and rock chip sampling is in progress. Land access negotiations to commence as soon as practicable.
  • Very high success rate of anomaly identification validates Impact's targeting methodology.

3. DOONIA GOLD PROJECT, WA (IPT80%)

  • A statutory Heritage Survey with the Ngadju Group was completed.
  • All approvals are now in place for drilling planned for late November.
  • Drilling will test a large gold+bismuth soil geochemistry anomaly up to 2.5 km by 1.5 km in size centred over a cluster of smaller near-surface magnetic anomalies.
  • Strong geophysical and geochemical similarities to the recent Burns discovery (ASX:LEX) located 20km west of Doonia

4. CORPORATE

  • $2.2 million cash as at 30th September 2021.

Read the full report here.

IPT:AU
The Conversation (0)
Brightstar Resources

Compelling Scoping Study for Jasper Hills Gold Project

Brightstar Resources Limited (Brightstar or the Company) (ASX: BTR) is pleased to announce the results of a positive Scoping Study for the Jasper Hills Gold Project located in WA’s eastern Goldfields region.

Keep reading...Show less
Brightstar Resources

Logical Consolidation to Create a Growing West Australian Gold Producer

Merger of Brightstar Resources Limited and Linden Gold Alliance Limited

This presentation (Presentation) regarding the merger of Brightstar Resources Limited (Brightstar or the Company) and Linden Gold Alliance Limited (Linden) has been prepared by Brightstar and has been authorised for release by the Board of Directors of Brightstar on the basis it is to be read in conjunction with the Key Risks in Appendix 8 and these important notices and disclaimers.

Keep reading...Show less
Brightstar Resources

Brightstar Makes Recommended Takeover Offer for Linden Gold Alliance Limited

Brightstar Resources Limited (ASX:BTR) (Brightstar) and unlisted Linden Gold Alliance Limited (Linden) are pleased to announce that they have entered into a Bid Implementation Agreement (BIA), pursuant to which Brightstar will acquire all of the issued ordinary shares and options in Linden via an unanimously recommended off-market scrip takeover offer (Offer).

Keep reading...Show less
Brightstar Resources

Brightstar Resources Limited (ASX: BTR) – Trading Halt

Description

The securities of Brightstar Resources Limited (‘BTR’) will be placed in trading halt at the request of BTR, pending it releasing an announcement. Unless ASX decides otherwise, the securities will remain in trading halt until the earlier of the commencement of normal trading on Wednesday, 27 March 2024 or when the announcement is released to the market.

Keep reading...Show less

Kestrel Gold - Completes Acquisition of 100% Interest in the QCM Property and Bernard Kreft Announces Acquisition of Common Shares

Kestrel Gold Inc. ("Kestrel" or the "Corporation"), (TSX-V:KGC) is pleased to announce that it has expedited the remaining cash payment and common share issuances necessary for Kestrel to fully exercise the QCM Property Option Agreement, see Kestrel's December 15, 2020, news release. With the closing of this transaction Kestrel has earned a 100% interest in the QCM Property from Bernard Kreft

Rob Solinger, President and CEO of Kestrel, states: "We are pleased to have completed this transaction which will allow Kestrel greater leeway in the advancement of the QCM Property. Positive results from previous reverse circulation drilling by the Corporation at QCM, see Kestrel's April 23, 2022, and October 26, 2022, news releases,

News Provided by ACCESSWIRE via QuoteMedia

Keep reading...Show less
Many Peaks Gold

Many Peaks Minerals Ltd (ASX:MPK) - Trading Halt

Description

The securities of Many Peaks Minerals Ltd (‘MPK’) will be placed in trading halt at the request of MPK, pending it releasing an announcement. Unless ASX decides otherwise, the securities will remain in trading halt until the earlier of the commencement of normal trading on Tuesday, 26 March 2024 or when the announcement is released to the market.

Keep reading...Show less

Latest Press Releases

Related News

×