Impact Minerals Limited · ASX:IPT
Impact Minerals — Shareholder Meeting (November 2019)
24 slides from Impact Minerals's shareholder meeting presentation, Nov 7, 2019
Slide 1: Blackridge, Broken Hill, Commonwealth
For personal use only Blackridge Broken Hill Commonwealth Perth HQ August 2019
Slide 2: Disclaimer and Competent Persons Statement
Disclaimer and Competent Persons Statement For personal use only What You Should Know Find out more – This presentation is being used as a presenter’s aid with summarised information. See Impact’s other periodic and continuous disclosure announcements lodged with the Australian Securities Exchange,
Slide 3: Three Key Projects to drive growth in 2020
Three Key Projects to drive growth in 2020 For personal use only 1. Blackridge Gold Project: Trial mining to commence in Q1-Q2 2020 after grant of mining leases. 2. Commonwealth: renewed interest following Boda copper discovery by Alkane Resources Limited. 3. Broken Hill: follow up of highest grade
Slide 4: Introducing Impact Minerals
Introducing Impact Minerals (ASX:IPT) For personal use only Capital Structure Shareholders Listed on ASX November 2006 Bunnenberg Family 15% Shares on Issue 1,321 million Squadron Resources 15% Options/Warrants 500m listed 4c 15/06/20 ABC Beteiligungen 14% IPTOA 75.5M unlisted Executive Directors 3.
Slide 5: Blackridge Gold Project – Clermont, Queensland
Blackridge Gold Project – Clermont, Queensland For personal use only • Queensland is an important mining jurisdiction. • Clermont is a major coal mining centre. • Excellent infrastructure: roads power and water. • Black Ridge lies at the northern end of a major extensional structure controlling the
Slide 6: Blackridge Project: Cheap entry price
MICLERE 5 km Blackridge Project: Cheap entry price For personal use only • Covers 100 sq km including 25 km of strike and at least 30 sq km of prospective units. • 100% owned Exploration Licence. • Option to purchase 95% of four Mining Lease Applications and one EPM for $230,000. (remaining $200,000
Slide 7: Blackridge: Five characteristics lead to a unique opportunity
Blackridge: Five characteristics lead to a unique opportunity 1. Large tonnages of free digging material. Cheap to mine. For personal use only 2. Extensive coarse low grade gold with high grade “leads”. 3. >98% of gold recoverable by gravity methods. Cheap to process. 4. Trial mining royalty stream
Slide 8: Miclere Gold Field: A nearby analogy
Miclere Gold Field: A nearby analogy. Capex <$1 million For personal use only >95% gold in first sluice 8
Slide 9: Large nuggets are the cream
Large nuggets are the “cream” For personal use only Gold is not the property of Impact Minerals. 9
Slide 10: Bulk Mining Potential: much of waste may be ore
Bulk Mining Potential: much of “waste” may be ore! First open pit in the region For personal use only 5 4 3 2 0.1 g/t-0.5 g/t Main Target 10 g/t gold 1 (150 m away) Unconformity Units above main target layer contains variable low grade gold. 10
Slide 11: The Challenge of Coarse Gold: The Nugget Effect
The Challenge of Coarse Gold: The Nugget Effect For personal use only The larger the nugget effect, the larger the sample required to get an estimate of grade. No large samples have been taken at Blackridge prior to IPT 11
Slide 12: Bulk Sampling Programme June 2019
Bulk Sampling Programme June 2019 – 14 Samples of 10-14 tonnes For personal use only Free digging: soft weathered rock. Cheap to mine! Target unit clearly identified. Two metre samples taken around the contact. 12
Slide 13: For personal use only
For personal use only Excavator Gold Oversize 13
Slide 14: Recovery of >98% of the gold! Cheap to process
Recovery of >98% of the gold! Cheap to process. For personal use only Mowing the lawn High Tech! 14 Valuable Tailings
Slide 15: Great Results!
Great Results! For personal use only 15 FOX’S LEAD PANNED SAMPLES
Slide 16: Highlights of the Bulk Sampling Programme
Highlights of the Bulk Sampling Programme • 14 bulk samples collected weighing from 10-14 tonnes. For personal use only • Large volumes of free-digging, easily processable material. • Gold returned from every sample in the panned concentrate! • Gold-bearing unit is up to 4 metres thick where tested.
Slide 17: Bulk mining potential
Bulk mining potential For personal use only • Old timers mined high grade “runs” >15 g/t that are over 1,500 metres long. • Large areas untested by drilling and miners. Area tested • Non-JORC resources defined at Daintree and at 1,000 m strike Springs on MLA’s. • Bulk samples returned gold >0.1 g/t
Slide 18: Next Steps
Next Steps • Stage 1 Q1-2 2020: Trial Mining on granted For personal use only ML. Deal signed to mine up to 1.6M tonnes. • Stage 2 Q1-Q2: Grant of four other Mining Lease Applications will allow access to near surface gold. • Stage 3: Scoping study to start for scale up of production. • Liberation t
Slide 19: Commonwealth copper-gold project
Commonwealth For personal use only Copper-gold project Review in immediately progress adjacent to Alkane’s Boda discovery 19
Slide 20: Copper intercepts at depth below the massive sulphide
Copper intercepts at depth below the massive sulphide For personal use only Buried porphyry copper-gold? 20
Slide 21: Highest platinum grades in Australia
Highest platinum grades in Australia • 40 km belt associated with extremely high For personal use only grade Ni-Cu-PGM gossans • Located near worlds largest Zn-Pb-Ag Mine • 3 priority targets: Red Hill: lmpact discovers highest ever grades of PGM in Australia. Drill intercept of: 3.5 m at 2.9% Ni, 2
Slide 22: Maiden Drilling at Red Hill – Highest Reported PGM in Australia
Maiden Drilling at Red Hill – Highest Reported PGM in Australia For personal use only RHD012: 1.2 metres of semi-massive vein sulphide returned 4.6 g/t rhodium, 7.2 g/t iridium, 5.6 g/t osmium and 3.1 g/t ruthenium 10.4 g/t platinum, 10.9 g/t gold, 294 g/t (9.5 ounces) palladium 7.4% nickel, 1.8% co
Slide 23: Platinum Springs: High Grade PGM-Ni-Cu in magmatic sulphides
Platinum Springs: High Grade PGM-Ni-Cu in magmatic sulphides For personal use only 0.6 metres of massive magmatic sulphide returned 7.6% copper, 7.4% nickel, 11.5 g/t platinum, 25.6 g/t palladium, 1.4 g/t gold and 44.3 g/t silver Represents potential for large massive sulphide deposits 23
Slide 24: Compliance Statement
Compliance Statement For personal use only All drill results and other relevant Exploration Results have been previously reported to the ASX. Key announcements referred to in this presentation are: 1. October 8th 2019: Trial Mining at the Blackridge Gold Project, Clermont Queensland. 2. September 18
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