InvestSMART

Impact Minerals Limited (ASX:IPT)

ALERT: Price-sensitive ASX Announcement for IPT
Current share price for IPT : $0.043 0.037 (616.67%)+
Announcement
Release
5 Nov 2025 9:48AM
Price at Release
$0.006
Full Release
download
Summary
Impact Minerals Limited announced the resumption of exploration activities at their 100% owned Broken Hill project in New South Wales, driven by increased metal prices and new exploration concepts. The project area is prospective for multiple mineralization styles, including high-grade nickel-copper-PGM sulphides and Broken Hill-style silver-lead-zinc. Notable results include high-grade PGM assays from Platinum Springs, part of the Moorkai Trend, which is a 9 km long mafic-ultramafic intrusion. Impact has developed a proprietary multi-metal ratio measured via handheld XRF instruments, allowing real-time targeting of high-grade zones during drilling. This technique helped define consistent zones of higher-grade mineralization, marking a significant advancement in exploration efforts.
Key Points
  • Exploration activities resumed at Broken Hill project due to increased metal prices.
  • Focus on high-grade nickel-copper-PGM sulphides and Broken Hill-style silver-lead-zinc mineralization.
  • Significant results from Platinum Springs, part of the Moorkai Trend.
  • Development of a proprietary multi-metal ratio for real-time targeting of high-grade zones.
  • Discovery of consistent zones of higher-grade mineralisation after decades.
IMPORTANT NOTE: This information is autogenerated and has not been reviewed for accuracy or completeness. You should refer to the full announcement here for further information.