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.
Impact Minerals Limited (ASX:IPT) provides the Company's Quarterly Report for the period ending 31 December, 2017.
Three diamond drill holes, two completed and one still in progress, have all intersected notable widths of veins containing visible silver minerals and indicate mineralisation extends to at least 500 metres down-dip 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 has decided to rotate its nominee director and therefore Felicity Gooding has resigned as a director of the Company. The Company would like to thank Felicity Gooding for her valuable contribution to Impact Minerals.
