Impact Minerals Ltd's (ASX:IPT) managing director, Dr Mike Jones, joined the Proactive Investors Spotlight CEO Roadshow in Sydney and Melbourne this week, providing investors with the latest update on the company.
Impact currently has assays from a 3000 metre reverse circulation and diamond drilling program pending from its wholly-owned Commonwealth Project in New South Wales.
Commonwealth has multi-million ounce gold potential, and is located in the Cadia-Ridgeway region which hosts >25 million gold ounces gold and 4 million tonnes of copper.
The project has a high grade gold-silver-copper-lead-zinc Inferred Resource of 110,000 eqAu ounces.
Commonwealth, along with Impact’s Broken Hill platinum-copper-nickel project, are part of the investment agreement between Impact and Andrew Forrest's Squadron Resources Pty Ltd.
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