Impact Minerals (ASX:IPT) is pleased to announce that drilling has now started at the Mulga Tank Project 200 km northeast of Kalgoorlie in Western Australia.
The drill programme will test seven coincident electromagnetic (EM) and nickel-cobalt-in-soil anomalies identified by Impact on E39/988 in which Impact recently purchased a 20% interest and has the right to earn a further 50% interest (total 70%) as part of the Mulga Tank Joint Venture with Golden Cross Resources Limited (see announcement dated 4th November 2013).
The start of the drill programme was announced today as part of a presentation to shareholders at an Extraordinary General Meeting held to approve the recent $3 million placement (see announcement dated 19th September 2013). The presentation is attached to this announcement.
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