Exploration work will be ramped up over the next six months at four of Impact Minerals's 100% owned gold and base metal projects across Australia. Following recent Board approval, follow up drill programmes are planned for the Commonwealth gold-silver-base metal project in New South Wales, the Clermont gold project in Queensland and the Mulga Tank [...]
Impact Minerals is pleased to announce that it has acquired an option to purchase 95% of an advanced conglomerate-hosted gold project from Rock Solid Holdings Pty Ltd with previous production of about 185,000 ounces of gold from small shafts and related underground workings close to the company's 100% owned Clermont epithermal gold project in [...]
An Induced Polarisation gradient array survey is nearing completion at Impact Minerals's 100% owned Clermont gold project located in the southern part of the Drummond Basin in Central Queensland, a prolific epithermal gold-silver belt which hosts several world class gold deposits such as Pajingo , Mt Leyshon and Mt Wright . Exploration at Clermont [...]
Impact Minerals provides the Company's Quarterly Report March 2018. 1. COMMONWEALTH GOLD-SILVER-BASE METAL PROJECT, N.S.W. - Drill assays from Silica Hill confirm mineralisation extends over an area of 500 metres by 500 metres and to considerable depth. - CMIPT077 returned: 22.5 m at 1.7 g/t gold and 276 g/t silver from 166.7 metres down hole [...]
New drill and rock chip assays together with an interpretation of ground gravity data have identified new drill targets along the Welcome Jack Trend, located 1.5 km east of the Commonwealth-Silica Hill area at Impact Minerals's 100%-owned Commonwealth Project, 100 km north of Orange in New South Wales . These drill targets will be tested as part of [...]
New drill assays and detailed studies on core from the Silica Hill Prospect at Impact Minerals's 100% owned Commonwealth Project 100 km north of Orange in New South Wales, further demonstrate the large scale and high grade nature of the mineralised system in the area. Managing Director Dr Mike Jones said "Following the recent discovery of high [...]
Your directors of Impact Minerals Ltd. submit the financial report of the consolidated entity for the half-year ended 31 December 2017. Review of Operations Commonwealth Gold-Silver-Base Metal Project, N.S.W. The Commonwealth Project comprises three 100% owned exploration licences that cover about 315 km2 of the highly prospective Lachlan Fold Belt [...]
High grade gold and exceptionally high grade silver assays, have been returned from the southern mineralised zone at Impact Minerals's emerging gold-silver discovery at the Silica Hill Prospect, 100 km north of Orange in New South Wales. The assays, which are from three diamond drill holes, also indicate that the grades of gold and silver, and gold [...]
Impact Minerals advises that Squadron Resources Pty Ltd has increased its shareholding in the Company to 14.8% by conversion of the $2,000,000 of Convertible Notes it held in Impact. The Notes were held under the terms of the Investment Agreement with Squadron and issued on 7 August 2015 with a term of 3 years from the date of issue. Under the [...]
Impact Minerals provides the Company's Quarterly Report for the period ending 31 December, 2017. 1. COMMONWEALTH GOLD-SILVER-BASE METAL PROJECT, N.S.W. - Drill hole CMIPT072 has intersected disseminated pyrite with silver-bearing veins in places 350 metres down dip from previous mineralisation within the Silica Hill rhyolite. - Similar style of [...]
Three diamond drill holes, two completed and one still in progress, have all intersected notable widths of veins containing visible silver minerals and indicate mineralisation extends to at least 500 metres down-dip at Impact Minerals Ltd.'s emerging gold-silver discovery at the Silica Hill Prospect, 100 km north of Orange in New South Wales [...]
Impact Minerals advises that Squadron Resources has decided to rotate its nominee director and therefore Felicity Gooding has resigned as a director of the Company. The Company would like to thank Felicity Gooding for her valuable contribution to Impact Minerals. Squadron has nominated, and the Company has accepted, the appointment of Mr Eamon [...]
