1. MULGA TANK PROJECT, AUSTRALIA (IPT 100% & EARNING 50%)
- Impact purchased 20% of E39/988 and 25% of E39/1072, two key licences in the Mulga Tank Joint Venture, for $170,000 cash.
- Maiden drill programme of 8 holes for 3.025 m of diamond and RC drilling completed to test 5 coincident ground EM and soil geochemistry anomalies (Conductors 1 to 5) and one soil geochemistry anomaly (SGA Prospect).
- High tenor disseminated nickel and copper mineralisation discovered as disseminations, blebs and veins at 4 targets (SGA Prospect and Conductors 1, 2 and 3).
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