Impact Minerals Limited
(ASX:IPT) is pleased to announce the commencement of the Company’s maiden drill programme at its 100%-owned and high grade Commonwealth gold, silver and base metals project, 100 km north of Orange in New South Wales.
The 2.500 metre drill programme is testing a number of targets identified by Impact for high-grade gold-silver base metal mineralisation at the project’s Main Shaft, Commonwealth South and Silica Hill prospects as well as the Coronation Trend.
The Company is fully funded for the programme, and a follow-up drilling schedule at its nickel-copper and platinum project near Broken Hill, after an oversubscribed $2.59 million capital raising that closed out earlier this month.
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