Impact Minerals Limited (ASX:IPT) is pleased to announce that it has received applications for $1,073,970 through the Share Purchase Plan to existing Shareholders and the offer of the shortfall to the SPP announced on 11 May 2017.
Impact Minerals Limited (ASX:IPT) advises that it has resolved to extend the Closing Date for the Share Purchase Plan by three business days to Wednesday 14 June 2017 due to delays experienced by a number of shareholders in receiving the Prospectus and to compensate for the Western Australian public holiday on Monday 5 June 2017.
Compelling new drill targets have been now identified along the eastern, upper contact of the Silica Hill Rhyolite at Impact Minerals Limited's (ASX:IPT) 100% owned Commonwealth Project, 100km north of Orange, New South Wales.
Further encouraging results for high grade deposits of nickel-copper-platinum group metals -cobalt have been identified in newly received Induced Polarisation data from a helicopter-borne VTEM survey over the Little Darling Creek Prospect and Rockwell to Little Broken Hill Trend within Impact Minerals Limited's (ASX:IPT) 100% owned Broken Hill Project in New South Wales.
Two new 5 kilometre long trends that are very prospective for further discoveries of high grade gold-silver-base metal mineralisation similar to that discovered at Commonwealth-Silica Hill have been identified within Impact Minerals Limited's (ASX:IPT) 100%-owned Commonwealth Project 100km north of Orange in New South Wales.
All statutory environmental approvals have now been received for the follow up drill programme at Impact Minerals Limited (ASX:IPT) 100% owned Commonwealth Project 100 km north of Orange in New South Wales. Clearing of access tracks and drill pads will commence this week with the drill programme to commence on completion of the current Share Purchase Plan.
Specific drill targets have now been identified with the potential to significantly extend the high grade gold-silver-zinc-lead-copper massive sulphide mineralisation that forms part of the Commonwealth deposit at Impact Minerals Limited's (ASX:IPT) 100%-owned Commonwealth Project 100km north of Orange, New South Wales.
