logo-loader
Impact Minerals Ltd

Impact Minerals active on five projects over next six months

Impact Minerals Ltd (ASX:IPT) managing director Dr. Mike Jones speaks to Proactive Investors about various drill programs, and also provides updates on the company's project portfolio as a whole, following some asset sales and acquisitions.

A step-out drilling program is underway at the Silica Hill prospect of the gold-silver-base metal Commonwealth Project in NSW. The Clermont gold project in Queensland is officially coming off the back burner in the coming days, with five targets due to be drilled. In the coming months, drilling will also recommence at the gold and nickel Mulga Tank Project in Western Australia.

The project generation company recently sold its least advanced Pilbara conglomerate-hosted gold project to Pacton Gold Inc (CVE:PAC), garnering shares in the Canadian exploration company in the process. It has also picked up an 18-month option on a historical conglomerate-hosted project in Queensland, with plans to commence survey and sampling work in the next quarter.

Jones is a geologist specialised in conglomerate-hosted gold, having completed his PhD studying this style of mineralisation.

Quick facts: Impact Minerals Ltd

Price: $0.01

Market: ASX
Market Cap: $13.22 m
Follow

Add related topics to MyProactive

Create your account: sign up and get ahead on news and events

NO INVESTMENT ADVICE

The Company is a publisher. You understand and agree that no content published on the Site constitutes a recommendation that any particular security, portfolio of securities, transaction, or investment strategy is...

FOR OUR FULL DISCLAIMER CLICK HERE

Watch

'May only be a matter of time' before Uranium price recovery with...

Mining Capital's Alastair Ford discusses the planned slow down in production from Kazatomprom (LON:KAP). The miner's looking to cut output from its Kazakh mines by around 20% through to 2021. He says that extends the timeframe of its previous production curtailment by a further year, and...

6 hours, 38 minutes ago

2 min read