An Induced Polarisation gradient array survey is nearing completion at Impact Minerals Limited's (ASX:IPT) 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 (Vera-Nancy) (>5 Moz), Mt Leyshon (>3 Moz) and Mt Wright (>1 Moz).
Impact Minerals Limited (ASX:IPT) provides the Company's Quarterly Report March 2018.
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 kilometres east of the Commonwealth-Silica Hill area at Impact Minerals Limited's (ASX:IPT) 100%-owned Commonwealth Project, 100 km north of Orange in New South Wales.
New drill assays and detailed studies on core from the Silica Hill Prospect at Impact Minerals Limited's (ASX:IPT) 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.
Your directors of Impact Minerals Limited (ASX:IPT) submit the financial report of the consolidated entity for the half-year ended 31 December 2017.
High grade gold and exceptionally high grade silver assays, have been returned from the southern mineralised zone at Impact Minerals Limited's (ASX:IPT) emerging gold-silver discovery at the Silica Hill Prospect, 100 km north of Orange in New South Wales.
Impact Minerals Limited (ASX:IPT) advises that Squadron Resources Pty Ltd (Squadron) has increased its shareholding in the Company to 14.8% by conversion of the $2,000,000 of Convertible Notes it held in Impact.
