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Impact Minerals Limited, 51% Interest Earned in the Broken Hill Ni-Cu-PGE Joint Venture Project, New South Wales Drill Programme to Commence this Quarter

Impact Minerals Limited (ASX:IPT) is pleased to announce that it has earned a 51% interest in the rights to nickel-copper-PGE mineralisation from Golden Cross Resources Limited (GCR) at the Broken Hill Joint Venture Project in New South Wales.
 
Impact has also now elected to earn 80% of the metal rights by spending a further $200,000 which has to be completed by 2017. However this expenditure will be completed during the forthcoming drill programme at the Red Hill Prospect, for which Impact was recently awarded a grant of $125,000 under the N.S.W. State Government’s Co-operative Drilling Funding Programme.
 
 
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