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Impact Minerals Ltd (IPT)

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Company Deep Dive

Impact Minerals (ASX:IPT) is an Australian Exploration Company looking to build wealth for its shareholders through vigorous exploration campaigns with the aim of building profitable mining operations.

The company manages extensive tenement holdings (>4,000 km2) within Australia featuring significant potential for high-grade mineral deposits of gold, silver, lead, zinc, copper, nickel and PGM’s.

The directors have extensive experience in mineral exploration and a strong history of exploration success, business development and corporate management.

 

Key Details
Sector
Resources
Listed Since
2006
Commodities
Gold, Cu, PGM’s
Projects
5
Projects Stage
Exploration
Updated: 01 Dec 2021

Why Invest in Impact?

Five exploration projects with numerous, drill ready high-grade targets.

All projects located within Australia one of the world’s most stable jurisdictions.

Gold, silver and base metal resources identified near existing mining infrastructure in NSW.

Strong cash position with solid backing to advance prospects to resource definition.

People

Board and Management

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.

Profile

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

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.

Profile

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

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.

Profile

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:

  • Polo Resources Limited from January 2008 to January 2011

  • A-Cap Resources Limited since June 2009

  • Consolidated Global Investments Limited since September 2006

  • CaledonResources Limited from February 2003 to March 2008

  • Australian Pacific Coal Limited since March 2011.

Dr Markus Elsasser

Non-Executive Director

Dr Markus Elsasser is a German financier and investor in the mineral resources industry. He is Head of the Elsasser family office ‘M. Elsasser & Cie AG 1971′ in Dusseldorf, Germany.

Profile

Dr Markus Elsasser

Non-Executive Director

Dr Markus Elsasser is a German financier and investor in the mineral resources industry. He is Head of the Elsasser family office ‘M. Elsasser & Cie AG 1971′ in Dusseldorf, Germany.

Dr Elsasser was previously a Director of Finance at the Dow Chemical Company in Germany and he has extensive General Management experience with former appointments as Managing Director in Australia and Singapore in the chemical and Food industries. Dr Elsasser has a degree and PhD in Business Administration from Cologne University, Germany.

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.

Profile

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

Project

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.

 

Learn More
Project

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.

Learn More
Project

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.

 

Learn More
Project

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.

 

Learn More
Project

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.

Learn More

Key Milestones

Historical Milestones

Outstanding drill results in 2020 for Ni-Cu-PGE with follow up campaign in Q4 2021.

Future Milestones

Doonia, WA: Walk up drill target for gold. First pass RC drilling of soil geochemistry anomaly.
Follow up drilling at Platinum Springs, Red Hill and Little Broken Hill Gabbro.
Follow up sampling and drill target indentification at Arkun.

Investors & Capital Raises

Key Investors

Bunnenberg Family

ABC Beteiligungen

Directors

Capital Raises

ASX Issue of Securities
|Mar 2021

Impact successfully completed the issue of securities, enabling it to fund the on-going drill programme at the company's Apsley prospect in the Lachlan Fold Belt of New South Wales as well as for follow up work at the Company's Broken Hill and Arkun Projects.

Raised $4 M
Offer Price $0.01650
Notes Capital raising inclusive of costs and an option, exercisable at $0.03/share, expiring two years from date of issue.
ASX Issue of Securities
|Jun 2020

Impact successfully completed the issue of securities, enabling it to fund drilling at Broken Hill and other prospects as well as to conduct follow up work including drilling at the Commonwealth project and for working capital.

Raised $3.25 M
Offer Price $0.01500
Notes Capital raising inclusive of costs.
ASX Issue of Securities
|Jan 2020

Impact successfully completed the issue of securities, enabling it to fund drilling at Red Hill and other prospects at Broken Hill, to conduct follow-up work at Commonwealth including soil geochemistry surveys and ground geophysics and for working capital.

Raised $2.1 M
Offer Price $0.009
Notes Capital raising inclusive of costs and an option, exercisable at $0.03/share, expiring two years from date of issue.

Reports and Media

Investor Briefing 27th July 2021 Company Presentation

27 Jul 2021 | Presentation
PDF (2468.7 KB)

2020 Annual Report

24 Sep 2020 | Report
PDF (3802.5 KB)

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