Many are familiar with the all too often chanted slur from cryptocurrency enthusiasts that Bitcoin is "Gold 2.0", but we feel this is inaccurate. The truth is Bitcoin and Gold both share a great deal in common, and it might be wise to instead consider these two assets as viable companions in a portfolio that remains hedged against wider economic uncertainty and risk. The goal of the Gold and Alternative Investments [...]
A first pass programme of bulk samples weighing about 8.5 tonnes in total has been collected from Impact Minerals Ltd. Blackridge conglomerate-hosted gold project located about 30 km north of Clermont in central Queensland . - Approx 8.5 tonnes of samples collected covering the likely range of ore processing properties. - Suitable samples to be wet processed within a month. - Statutory requirements continue to progress [...]
High grade assay results from the first six diamond drill holes completed at Impact Minerals Ltd.'s 100% owned Commonwealth Project located 100 km north of Orange in New South Wales, have confirmed significant extensions to the mineralisation at both the Main Shaft and Silica Hill Prospects and importantly have identified a second massive sulphide body below Main Shaft. - Assays from the first four diamond drill holes at [...]
Impact Minerals Ltd. is pleased to announce that it has agreed to the outright purchase of Mining Lease ML2386 that covers about 500 metres of the gold-bearing unconformity at the Company's Blackridge conglomerate-hosted gold project located about 30 km north of Clermont in central Queensland . - Purchase of 100% of ML2386 for $30,000 - Mining Lease occurs entirely within Impact's existing project area - 500 metres of [...]
A reconnaissance aircore drill programme is underway at Impact Minerals Ltd.'s Mulga Tank project located 200 km north east of Kalgoorlie in Western Australia . - Aircore drill programme underway to test 5 gold targets and 3 nickel targets at Mulga Tank, 200 km north east of Kalgoorlie, Western Australia. - Drill programme still in progress at Clermont, Queensland. - Drill programme complete at Commonwealth, New South [...]
Impact Minerals Ltd. is pleased to announce that it has now completed the Share Sale Agreement for sale of the Company's Pilbara gold project to Pacton Gold Inc. as announced to the ASX on May 29th 2018. Under the terms of the Share Sale Agreement, Pacton has purchased a 100% ownership interest in Impact's wholly owned subsidiary Drummond East Pty Limited which holds seven 100% owned granted Exploration Licences in the [...]
Varying widths of sulphide mineralisation have been intersected in all six diamond drill holes completed thus far in a follow up drill programme at the Main Shaft and Silica Hill Prospects within Impact Minerals's 100% owned Commonwealth Project 100 km north of Orange in New South Wales. First assays are due by the end of August and offer the potential for a material increase in the Inferred Resource for the project . At [...]
Impact Minerals hereby provides further clarification and additional information on the details of rock chip samples and historic soil sample and drill results released in the announcement made to ASX on 18 July 2018. The historic results were not previously reported to the ASX under the JORC 2012 Code and further details including previous significant intercepts and results are now provided in the amended announcement [...]
Impact Minerals provides the Company's June 2018 Quarterly Report. JUNE 2018 QUARTERLY REPORT - COMMONWEALTH GOLD-SILVER-BASE METAL PROJECT, N.S.W. - Follow up drilling commenced at Silica Hill and Main Shaft. - New prospects identified at Welcome Jack. - CLERMONT GOLD PROJECT, QUEENSLAND - IP survey completed and drill targets identified. - Drilling commenced and announced on July 18th 2018. - BROKEN HILL PROJECT - Joint [...]
Impact Minerals announces drill testing of five target areas identified in geophysical and geochemical data is underway at Impact Minerals's 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 , Mt Leyshon and Mt Wright . - RC Drill programme testing 5 target areas [...]
Impact Minerals is pleased to announce that it has signed a binding Letter of Intent to joint venture its Broken Hill project with TSX Venture exchange-listed BlueBird Battery Metals Incorporated. CAD$150,000 Cash - 5,250,000 shares in BlueBird - CAD$2.25 million expenditure over 3 years to earn a 75% interest - A further CAD$500,000 of shares in BlueBird over the 3 year earn-in. Under the terms of the farm-in Bluebird [...]
A follow up diamond drill programme to test the depth extent of high grade gold and silver mineralisation is now underway at the Silica Hill Prospect, part of Impact Minerals's 100% owned Commonwealth Project 100 km north of Orange in New South Wales. The drill holes are targeted at the down dip and down plunge extension of the southern and northern mineralised zones identified either side of a recently identified [...]
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