Proactive Investors - Run By Investors For Investors

Impact Minerals granted trading halt by ASX pending asset disposal news

The halt will remain in place until Friday, May 25 or earlier if an announcement is made.
ASX sign
Impact has projects in New South Wales, Queensland and Western Australia

Impact Minerals Limited (ASX:IPT) has been granted a trading halt by the ASX pending an asset disposal announcement.

The halt will remain in place until the opening of trade on Friday, May 25, 2018, or earlier if an announcement is made to the market.

Impact’s shares have traded in the range of 1.2 cents to 1.4 cents in the past week.

READ: Impact Minerals chasing gold silver and base metals in central Queensland

Last week the company announced that it was nearing completion of an induced polarisation survey at its Clermont Gold Project in central Queensland.

The survey is designed to identify targets to be drill tested as soon as practicable.

Impact says drilling at Clermont will follow the completion of planned drilling at the Commonwealth Gold-Silver Project in Central West New South Wales scheduled to start by late June.



The company manages extensive tenement holdings of more than 2,000 square kilometres featuring significant potential for high-grade mineral deposits of gold, silver, lead, zinc, copper, nickel and PGMs.

These tenements are in New South Wales, Queensland and Western Australia with the most advanced project being Commonwealth.

View full IPT profile View Profile

Impact Minerals Ltd Timeline

Related Articles

A Western Australian map showing company projects
March 19 2019
Geologist and finance professional Ian Stuart became the company’s chairman last month.
TGME plant
February 06 2019
A scoping study for Theta Hill released in October 2018 delivered a positive result for the shallow, high-grade gold resource.
beta hunt stone
June 10 2019
The company's Beta Hunt gold mine housed bonanza gold nuggets unlike anything most miners have seen in their lifetime, but it's RNC's nickel asset that could be the real game-changer

© Proactive Investors 2019

Proactive Investors Australia PTY LTD ACN:132787654 ABN:19132787654.

Market Indices, Commodities and Regulatory News Headlines copyright © Morningstar. Data delayed 15 minutes unless otherwise indicated. Terms of use