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Striving to Become The World's Cheapest High Purity Alumina Producer
Impact Minerals operates the Lake Hope HPA Project located 500 km east of Perth. A positive scoping study says the project has the potential to be the lowest-cost producer of HPA by up to 50%
The company manages extensive tenement holdings of more than 4,000 sq km within Australia. Projects include gold, silver, lead, zinc, copper, nickel and platinum group metals plays across NSW, WA and QLD.
The directors have extensive experience in mineral exploration and a strong history of exploration success, business development and corporate management.
Highlights
High purity alumina has 99.99% alumina purity that’s a key material for EV batteries, LED lighting and semiconductors
Lake Hope is estimated to produce 4N HPA at US$3,264 a tonne vs. peers that have costs north of US$5,940 a tonne
One of seven companies selected globally for BHP's prestigious Xplor program
Showcase your ASX company to 500k+ investors
People
Board and Management
Dr Mike Jones, MAIG
Dr Jones completed undergraduate and post-graduate studies in Mining and Exploration Geology at Imperial College, London. His Ph.D work on gold mineralisation saw him move to Western Australia in 1988 to work for Western Mining Corporation exploring for gold and nickel deposits in the Yilgarn.
Dr Mike Jones, MAIG
Managing Director
Dr Jones completed undergraduate and post-graduate studies in Mining and Exploration Geology at Imperial College, London. His Ph.D work on gold mineralisation saw him move to Western Australia in 1988 to work for Western Mining Corporation exploring for gold and nickel deposits in the Yilgarn.
From 1994 he consulted to the exploration and mining industry specialising in the integration of geological field mapping and the interpretation of geochemical, geophysical and remotely sensed data for target generation. Dr Jones has worked on over 80 projects both in greenfields and near mine exploration in a wide variety of mineralised terrains and was the founding director of Lithofire Consulting Geologists in Perth, Australia.
He was also the team leader during the discovery of a significant gold deposit at the Higginsville Mining Centre, near Kalgoorlie and an iron ore deposit near Newman, both in Western Australia.
Peter Unsworth, BCom
Mr Unsworth, formerly a Chartered Accountant, has more than 35 years experience in the corporate finance, investment, and securities industries and a wealth of management experience with both public and private companies.
Peter Unsworth, BCom
Non-Executive Chairman
Mr Unsworth, formerly a Chartered Accountant, has more than 35 years experience in the corporate finance, investment, and securities industries and a wealth of management experience with both public and private companies.
A former Executive Director with a leading Western Australian stockbroking company, Mr Unsworth has been a director of a number of public exploration and mining companies. He recently completed a long period serving as Chairman of the Western Australian Government owned Gold Corporation (operator of The Perth Mint).
Mr Paul Ingram
Mr Ingram is a geologist with extensive experience in managing major mineral exploration programs for several publicly listed companies and has been involved in the mining sector for over thirty years.
Mr Paul Ingram
Non-Executive Director
Mr Ingram is a geologist with extensive experience in managing major mineral exploration programs for several publicly listed companies and has been involved in the mining sector for over thirty years.
He has designed and implemented innovative techniques for exploration in remote areas, and has managed projects in countries throughout Australia and east Asia.
Mr Ingram has been a director of the following listed companies in the past three years:
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Polo Resources Limited from January 2008 to January 2011
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A-Cap Resources Limited since June 2009
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Consolidated Global Investments Limited since September 2006
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CaledonResources Limited from February 2003 to March 2008
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Australian Pacific Coal Limited since March 2011.
Dr Frank Bierlein
Dr Bierlein is a geologist with 30 years of experience as a consultant, researcher, lecturer and industry professional.
Dr Frank Bierlein
Non-Executive Director
Dr Bierlein is a geologist with 30 years of experience as a consultant, researcher, lecturer and industry professional.
Dr Bierlein has held exploration and generative geology management positions with QMSD Mining Co Ltd, Qatar Mining, Afmeco Australia and Areva NC, and consulted for, among others, Newmont Gold, Resolute Mining, Goldfields International, Freeport McMoRan, and the International Atomic Energy Agency. He is currently a Non-Executive Director of PNX Metals Ltd, was previously a Non-Executive Director of Gold Australia NL, and chaired the Advisory Board of a Luxemburg-based private equity fund between 2014 and 2021.
Bernard Crawford
Mr Crawford is a finance and governance professional with over 25 years’ experience in the resources industry in Australia and overseas. He has held various positions in finance, governance and management with NYSE, TSX and ASX listed companies.
Bernard Crawford
Company Secretary
Mr Crawford is a finance and governance professional with over 25 years’ experience in the resources industry in Australia and overseas. He has held various positions in finance, governance and management with NYSE, TSX and ASX listed companies.
Mr Crawford holds a Bachelor of Commerce degree from the University of Western Australia, a Master of Business Administration from London Business School and is a member of the Institute of Chartered Accountants and the Governance Institute of Australia.
Projects
Lake Hope Project - High Purity Alumina
In March 2023, Impact Minerals signed binding terms to acquire 80% of Lake Hope - a globally unique high purity alumina project. The Lake Hope Project covers numerous prospective salt lakes in southwestern Australia. Lake Hope's shallow high-grade aluminium clay minerals feature unique physical and chemical properties that could enable low-cost mining and offsite metallurgical processing via a novel and cost-disruptive leaching process. Initial economic studies indicate the production of high purity alumina (HPA) and related products from Lake Hope will be more than cost-competitive with existing developers and producers. Benchmark HPA is currently selling at between $US15,000 and $US25,000 per tonne of Al2O3.
Broken Hill Project
The Broken Hill Ni-Cu-PGE Project is centered around the World Class Broken Hill silver-lead-zinc mine in New South Wales, and consists of nine 100% owned, Exploration Licences covering 1000 sq km in the south east part of the richly mineralised Curnamona Province.
Home to the giant Broken Hill silver-lead-zinc deposit (>300 Mt).
Large strategic ground holding of about 1000 sq km.
Potential for major nickel-copper-PGM mining camp over a 40 km belt.
Outstanding drill results in 2020 with follow up campaign in Q4 2021.
Untapped potential for silver-lead-zinc mineralisation.
Arkun Project
The Arkun project, which covers about 2,000 sq km centred between York and Corrigin 100 km east of Perth, was first identified as an area of anomalous nickel-copper-gold anomalies in publicly available regional geochemistry data sets. It lies within the emerging Ni-Cu-PGE province of SW Western Australia.
A subsequent interpretation of regional magnetic data by Impact has identified the area as lying within a major deformation zone or mobile belt that trends NW-SE from the Moora-Julimar-Yarawindah area through Arkun and which may contain deformed and metamorphosed equivalents of those rocks. This belt is generally not recognised in many regional geology maps and yet is self-evident in the magnetic data. This is a significant breakthrough in understanding for Impact. First pass soil geochemistry has identified numerous targets for follow up work.
Doonia Project
Impact entered into a joint venture over the Doonia gold project located 75 km east of Kambalda, home to the world class St Ives gold mining centre in Western Australia and 25km east of the recent Burns discovery.
80% interest in a drill-ready gold project in the Mt Belches Basin.
Significant gold-in-soil anomaly 2.5 km long and up to
1 km wide located over numerous small prominent magnetic anomalies.
Associated multi-metal anomalism suggests an intrusion-hosted gold target.
Significant gold-in-regolith anomaly from very wide spaced, shallow aircore drilling in the 1990’s not followed up at depth.
Clearly defined target for drill testing in Q4 2021.
Commonwealth Gold-silver-base Metal Project
Impact’s 100% owned Commonwealth project lies within the prolific Lachlan Fold Belt copper-gold province in New South Wales home to many world class gold and copper projects.
Home to the giant Cadia copper-gold deposit (>40 Moz Au, >10 Mt Cu).
Large strategic ground holding of 700 sq km.
Potential for VMS deposits like Eskay Creek (4 M oz Au, 180M oz Ag).
Potential for porphyry copper-gold deposits, like Cadia, Northparkes and the recent Boda discovery.
Blackridge Gold Project
Impact’s holding of 150 square kilometres cover part of a >300,000 ounce gold field and comprises three 100% owned Exploration Permits and one granted Mining Lease which lies in the centre of the project area. It is located in the southern part of the Blackridge-Miclere gold field located near Clermont in central Queensland.
The gold produced at Blackridge was mostly hosted in basal conglomerates of Permian-aged sedimentary basins which include the mined coal measures that unconformably overlie the Anakie metamorphic rocks of Middle Ordovician age and older.
Key Milestones
Historical Milestones
Future Milestones