Impact Minerals Limited (ASX:IPT)
is pleased to announce that it has received a rebate of $1.14 million from the Australian Tax Office for its Research and Development Activities during the 2014 Financial Year.
In addition the company has also been awarded a grant of $150,000 by the Western Australian Government’s Exploration Incentive Scheme (EIS) for drilling at the Mulga Tank Ni-Cu-PGE Project. The EIS, a co-funding initiative for exploration in under explored areas and awarded on a dollar-for-dollar basis for direct drilling costs, has been designed to encourage innovative exploration and prioritised high quality, technically sound proposals that demonstrated new exploration concepts.
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