ASX:IPT

Impact Significantly Expands ItsWestern Australian Ni-Cu-Pgm And Lithium Portfolio

Impact Minerals Limited (ASX: IPT) is pleased to announce that it has significantly increased its ground holdings for Ni-Cu-PGM and other metals in Western Australia through four joint venture agreements on projects in very prospective parts of the state.


  • Impact to earn an 80% interest in four joint venture projects covering almost 1,000 square kilometres and prospective for nickel-copper-PGM, lithium and other metals.
  • One project contains five drill ready targets, two of which are fully permitted for drilling and Impact proposes to drill those shortly.
  • Continues the corporate strategy of an increasing focus in Western Australia following the recent $18 million joint venture with IGO at the Broken Hill Project New South Wales.

Impact Minerals’ Managing Director Dr Mike Jones said:

We are extremely pleased to have secured this new ground in straight forward joint ventures with minimal cash outlay. The projects, which we identified with private groups, all contain untested geophysical and geochemical targets that add significant value to our existing high quality portfolio of projects in emerging prospective terranes across Western Australia”.

“The Hopetoun project contains two fully permitted drill targets and given the drill rig that is due to mobilise to our Doonia gold project near Kambalda is nearby, we are considering a quick test of these shortly. Together with Doonia this would mean we will be drilling throughout the summer months and so we are looking forward to strong news flow from now right through the first Quarter of 2022”.

“This significant expansion of our portfolio is a continuation of our strategy to focus in Western Australia following our recent joint venture with IGO who are earning into the Broken Hill project in New South Wales”.

Click here for the full ASX Release

This article includes content from Impact Minerals, licensed for the purpose of publishing on Investing News Australia. This article does not constitute financial product advice. It is your responsibility to perform proper due diligence before acting upon any information provided here. Please refer to our full disclaimer here.

IPT:AU
Impact Minerals Limited

Impact Minerals Limited Investor Kit

  • Corporate info
  • Insights
  • Growth strategies
  • Upcoming projects

GET YOUR FREE INVESTOR KIT

The Conversation (0)
Impact Minerals (ASX:IPT)

Impact Minerals Limited


Keep reading...Show less

Developing the lowest-cost HPA project in Australia

Jeffrey Christian, gold and silver bars.

Jeffrey Christian: Gold, Silver, PGMs in 2025; Plus Precious Metals Facts vs. Fiction

Jeffrey Christian, managing partner at CPM Group, outlines his latest thoughts on gold.

He also shares his outlook for silver, platinum and palladium.

Watch the interview for more, or click here for the Investing News Network's Prospectors & Developers Association of Canada convention playlist on YouTube.

Keep reading...Show less
Three gold bars on price chart with magnifying glass.

What Was the Highest Price for Gold?

Gold has long been considered a store of wealth, and the price of gold all time high often makes its biggest gains during turbulent times as investors look for cover in this safe-haven asset.

The 21st century has so far been heavily marked by episodes of economic and sociopolitical upheaval. Uncertainty has pushed the precious metal to record highs as market participants seek its perceived security. And each time the gold price rises, there are calls for even higher record-breaking levels.

Gold market gurus from Lynette Zang to Chris Blasi to Jordan Roy-Byrne have shared eye-popping predictions on the gold price that would intrigue any investor — gold bug or not.

Keep reading...Show less
Gold coin stacks with up arrow.

Gold Price Hits New Record, Breaking US$3,000 for First Time

The gold price reached yet another record high on Friday (March 14), breaking US$3,000 per ounce.

The precious metal has gained significant momentum since the beginning of the year. In early morning trading on Friday, it briefly surged to US$3,004 per ounce before falling back to US$2,989.

Friday's rise comes amid heightening trade tensions between the US and Europe. On Thursday (March 13), US President Donald Trump threatened to impose significant tariffs on key European products, including wine.

Keep reading...Show less

Barrick Focuses on Future Growth and Sustainable Value Creation

All amounts expressed in US dollars

Barrick Gold Corporation (NYSE:GOLD)(TSX:ABX) reinforced its commitment to growth, reporting significant progress of its key growth projects while achieving its production guidance and setting the stage for continued sustainable value creation, said president and chief executive Mark Bristow in the company's annual report published today.

News Provided by GlobeNewswire via QuoteMedia

Keep reading...Show less

Barrick Focuses on Future Growth and Sustainable Value Creation

All amounts expressed in US dollars

Barrick Gold Corporation (NYSE:GOLD)(TSX:ABX) reinforced its commitment to growth, reporting significant progress of its key growth projects while achieving its production guidance and setting the stage for continued sustainable value creation, said president and chief executive Mark Bristow in the company's annual report published today.

News Provided by GlobeNewswire via QuoteMedia

Keep reading...Show less
Grande Portage Resources (TSXV:GPG)

Grande Portage Resources


Keep reading...Show less
Impact Minerals Limited

Impact Minerals Limited Investor Kit

  • Corporate info
  • Insights
  • Growth strategies
  • Upcoming projects

GET YOUR FREE INVESTOR KIT

Latest Press Releases

Related News

×