Impact Minerals Limited · ASX:IPT
Impact Minerals — Shareholder Meeting (September 2015)
36 slides from Impact Minerals's shareholder meeting presentation, Sep 29, 2015
Slide 1: ASX Announcement: 2015 Annual General Meeting Presentation
ASX ANNOUNCEMENT Date: 29 September 2015 Number: 432/290915 For personal use only 2015 ANNUAL GENERAL MEETING PRESENTATION BY MANAGING DIRECTOR Attached is a presentation which will be delivered to the Company’s Annual General Meeting by its Managing Director, Dr Michael Jones. A copy of this presen
Slide 2: AGM Presentation
For personal use only AGM Presentation Managing Director: Dr Mike Jones September 29th 2015
Slide 3: Next Steps: 2015 Work Programme
Next Steps: 2015 Work Programme For personal use only
Slide 4: An Active Year..with more to come
An Active Year..with more to come • Commonwealth: Identified major targets for porphyry-epithermal deposits For personal use only Maiden drill programme with very high grade gold results Maiden Resource defined • Broken Hill JV Received co-fund grant of $125,000 Maiden drill programme with high grad
Slide 5: Impact Minerals Introducing
Impact Minerals (ASX:IPT) Introducing Listed on ASX November 2006 For personal use only Shares on Issue 661m Options/Warrants 8m listed IPTO 34m unlisted – Executive 45m unlisted – Squadron Convertible Note $2m – Squadron Share Price 2.4¢ Market Cap $13m Shareholders Bunnenberg Family 28% CASH: $5.5
Slide 6: Board of Directors
Board of Directors Founding Non-Executive Chairman of both Impact Minerals and Invictus Gold. For personal use only 35 years public and private sector experience in corporate finance, securities & investment Peter Unsworth industries. Chairman Previous Chairman of West Australian Government Ow
Slide 7: Investment from Squadron Resources
Investment from Squadron Resources Potential $7.3 million in funding For personal use only • Tranche 1. Completed. • $2 million convertible note: 3 year term, interest free, redeemable in shares. • Convertible at the lower of 2.1 cents per share or 80% of the 30 day VWAP. • 45,000,000 unlisted warra
Slide 8: Impact has projects each with the potential for the discovery of a major mine
Impact has 3 projects each with the potential for the discovery of a major mine For personal use only 7
Slide 9: Investment Summary
Investment Summary 1. Broken Hill, NSW (IPT: 87%): Drill programme in September 2015 For personal use only • Highest platinum group metal (PGM) grades in Australia: • Significant discovery of high grade PGM’s, copper and nickel • 30 metre thick zone at 6 g/t platinum equivalent • Potential for multi
Slide 10: Broken Hill Project
Broken Hill Project PGM-Nickel-Copper New South Wales For personal use only Impact 87% GCR 13%
Slide 11: What are Platinum Group Metals (PGM)
What are Platinum Group Metals (PGM) • Suite of 6 precious metals that For personal use only occur together in nature Pt, Pd, Rh, Ir, Os, Ru + Au • Primarily used for: auto catalytic converters, hard-wearing metal alloys, electronics, jewellery • Demand is increasing • High value per ounce platinum
Slide 12: Highest platinum grades in Australia
Highest platinum grades in Australia • Ultramafic rocks with high grade For personal use only platinum over a 40 km belt • Widespread rare high grade platinum group metals: platinum, palladium, rhodium, osmium, iridium, ruthenium 3 priority targets: • Red Hill: lmpact discovery of high grade PGE-Cu-
Slide 13: Emerging Discovery at Red Hill
Emerging Discovery at Red Hill For personal use only OXIDE • Massive, disseminated and vein-hosted copper-nickel sulphide and oxide • 26 m at 6.9 g/t platinum equivalent • 32 m at 6.4 g/t platinum equivalent • Contains up to 4 g/t of the rare PGMs rhodium, iridium, osmium, ruthenium • High dollar pe
Slide 14: Red Hill Cross Section
Red Hill Cross Section For personal use only 13
Slide 15: Drill program in progress: 1,500 m of diamond drilling to test 7 targets
Drill program in progress: 1,500 m of diamond drilling to test 7 targets For personal use only • 1969: Two drill holes by CRA but in wrong direction • Hundreds of metres of untested strike extent • Untested EM/IP anomalies T7 14
Slide 16: Regional Potential: Moorkai Intrusive Complex
Regional Potential: Moorkai Intrusive Complex For personal use only • Spectacular rock chip results and bulk samples over 9 km of strike • Limited assays indicate the rare PGMs (rhodium, iridium, osmium and ruthenium) are likely to be widespread and high grade • Limited drilling only at Platinum Spr
Slide 17: Commonwealth Minerals: Impact 100%
MINERALS Impact 100% —
Slide 18: Major Copper-Gold Mining Province
Major Copper-Gold Mining Province For personal use only 17
Slide 19: Commonwealth Project
Commonwealth Project • Large land holding: 315 sq km For personal use only • >50 km of strike potential for 2 types of deposit – Volcanogenic Massive Sulphide e.g. Woodlawn analogue 7 million ounces gold equivalent (US$10 billion value) – Porphyry copper gold e.g. Cadia-Ridgeway >25 million ounces g
Slide 20: Commonwealth: Deposit Model
Commonwealth: Deposit Model Volcanogenic Massive Sulphide (VMS) For personal use only 19
Slide 21: Commonwealth: Deposit Model - Black Smokers
Commonwealth: Deposit Model For personal use only Black Smokers: Not 420! 20
Slide 22: Target: >1 million gold equivalent ounces
Target: >1 million gold equivalent ounces eg Woodlawn deposit, Goulburn, For personal use only NSW (Heron Resources) • Silurian VMS Deposit: 7 million ounces gold equivalent (US$8 bn) • 17.7 Mt at 1.4 g/t gold, 80 g/t silver, 1.7% copper, 9.9% zinc, 3.8% lead • Multiple lenses down to at least 630 m
Slide 23: Inferred Resource Statement
Inferred Resource Statement 722,000 tonnes at 4.7 g/t gold equivalent For personal use only for 110,000 gold equivalent ounces >1,000 oz gold equivalent per vertical metre from surface Potential very profitable starter pit Category Tonnes Au ppm Ag ppm Cu% Pb% Zn% Inferred 722,000 2.78 48 0.1 0.6 1.
Slide 24: What's hiding under Silica Hill?
What’s hiding under Silica Hill? • Large sulphide-silica alteration system at least 300 m thick and 500m long For personal use only • Significant thick and high grade silver results – possible epithermal feeder zone The big one? 23
Slide 25: Porphyry-Copper Potential
Porphyry-Copper Potential • Multi million ounce potential For personal use only • Recognition of metal- assemblages in soil geochemistry indicating – Cu-Au Porphyry and Skarn – Au-Ag-base metal high sulphidation over many square kilometres • Major breakthrough for Impact 24
Slide 26: Commonwealth Work Programme 2015
Commonwealth Work Programme 2015 • Alteration study to identify vectors to mineralisation For personal use only • Modelling of ground gravity data • Metallurgical test work using the Kell Process • Interpretation of Regional Geology and Target Generation • Detailed mapping and sampling • Down hole g
Slide 27: Mulga Tank Nickel-Gold Project
Mulga Tank Nickel-GoldProject Western Australia For personal use only Impact 100%
Slide 28: Mulga Tank Project
Mulga Tank Project • Emerging WA nickel and gold For personal use only province • Near to world class nickel mines: – Perseverance >1 Mt Ni metal – Mt Keith >2 Mt Ni metal – Kambalda camp >1 Mt metal • Recent discoveries at – Nova-Bollinger deposit (0.5 Mt Ni Eq.) – Camelwood (Ni) – Collurabie (Ni-C
Slide 29: Mulga Tank: Nickel Model
Mulga Tank: Nickel Model Perseverance – Rocky’s Reward - Venus For personal use only • Targeting very large deposits e.g. Perseverance: >1 Mt nickel metal and Rockys Reward: >0.25 Mt nickel metal • (By comparison Nova-Bollinger (Sirius Resources) contains 0.36 Mt nickel equivalent) • Significant pot
Slide 30: Mulga Tank: A new nickel field?
Mulga Tank: A new nickel field? • Very poorly explored For personal use only greenstone belt • Extensive sand cover has hindered exploration • IPT’s licences cover 425 sq km • Significant untapped gold potential • Same region as Gruyere (>10 Moz??!) • Work by Impact only focused on 15 sq km area ove
Slide 31: Mulga Tank Impact discovery of High Grade Nickel-Copper
Mulga Tank Impact discovery of High Grade Nickel-Copper • Four of six targets tested For personal use only 13 drill holes: 11 with significant nickel-copper returned high tenor nickel and copper in komatiites, veins and dunite • Mineralisation extends over many sq km Kambalda Camp >2 Mt Ni Area of M
Slide 32: Conclusions so far / Mulga Tank Work Programme
Conclusions so far • Discovery of high grade nickel-copper sulphides over many For personal use only hundreds of metres of strike • First direct indication of high grade nickel-copper sulphides in entire region • Soil geochemistry has significant potential to rank targets • Impact’s conceptual model
Slide 33: Investment Summary
Investment Summary • Significant project portfolio For personal use only • Major supportive cornerstone investor Squadron Resources with staged investment of up to $7.3m • Successful $1.9 million rights issue completed • >$5 million cash at end of September • Company now fully funded to aggressively
Slide 34: Disclaimer
DISCLAIMER What You Should Know Find out more – This presentation is being used as a presenter’s aid with summarised information. See For personal use only Impact’s other periodic and continuous disclosure announcements lodged with the Australian Securities Exchange, which are available at www.asx.c
Slide 35: JORC Compliance
JORC Compliance - 1 Resource and Reserve estimates: The information in this presentation relating to estimates of Exploration Results and Mineral Resources have been extracted from the following reports: For personal use only ASX Release Date Title of ASX Release 17 July 2015 New Cornerstone Investo
Slide 36: JORC 2012 Compliance
JORC 2012 Compliance - 2 The ASX releases referenced in the previous slide are on the Impact website at www.impactminerals.com.au. The Company confirms that it is not aware of any new information or data that materially affects the information included in the most recent For personal use only market
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