Impact Minerals Limited · ASX:IPT
Impact Minerals — Shareholder Meeting (August 2019)
24 slides from Impact Minerals's shareholder meeting presentation, August 2019
Slide 1: Blackridge, Broken Hill, Commonwealth
Blackridge Broken Hill Commonwealth Perth HQ August 2019
Slide 2: Disclaimer and Competent Persons Statement
Disclaimer and Competent Persons Statement 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, which are available at
Slide 3: Three Key Projects to drive growth in 2020
Three Key Projects to drive growth in 2020 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 palladium-platinum dri
Slide 4: Introducing Impact Minerals (ASX:IPT)
Introducing Impact Minerals (ASX:IPT) 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 3.5% Share Price 0.9c To
Slide 5: Blackridge Gold Project – Clermont, Queensland
Blackridge Gold Project – Clermont, Queensland • 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 coal basins with gold
Slide 6: Blackridge Project: Cheap entry price
MICLERE 5 km Blackridge Project: Cheap entry price • 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 option exercise payme
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. 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 agreement signed with
Slide 8: Miclere Gold Field: A nearby analogy
Miclere Gold Field: A nearby analogy. Capex <$1 million >95% gold in first sluice 8
Slide 9: Large nuggets are the cream
Large nuggets are the “cream” 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 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 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 Free digging: soft weathered rock. Cheap to mine! Target unit clearly identified. Two metre samples taken around the contact. 12
Slide 13: Excavator Gold Oversize
Excavator Gold Oversize 13
Slide 14: Recovery of >98% of the gold! Cheap to process
Recovery of >98% of the gold! Cheap to process. Mowing the lawn High Tech! 14 Valuable Tailings
Slide 15: Great Results! Fox's Lead Panned Samples
Great Results! 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. • 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. • Gold recovery estim
Slide 17: Bulk mining potential
Bulk mining potential • 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 over 800m. • Large ton
Slide 18: Next Steps
Next Steps • Stage 1 Q1-2 2020: Trial Mining on granted 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 test work on harder mat
Slide 19: Commonwealth Copper-gold project adjacent to Alkane's Boda
Commonwealth 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 Buried porphyry copper-gold? 20
Slide 21: Highest platinum grades in Australia
Highest platinum grades in Australia • 40 km belt associated with extremely high 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, 2.3% Cu, 159 g/t 6PGM+A
Slide 22: Maiden Drilling at Red Hill – Highest Reported PGM in Australia
Maiden Drilling at Red Hill – Highest Reported PGM in Australia 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% copper, 19 g/t silver an
Slide 23: Platinum Springs: High Grade PGM-Ni-Cu in magmatic sulphides
Platinum Springs: High Grade PGM-Ni-Cu in magmatic sulphides 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 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 18th 2019: Large Scale P