Impact Minerals Kicks Off 2022 Exploration Campaigns
THE DRILL SERGEANT: Impact Minerals has commenced it 2022 exploration campaign with work underway at two of the company’s projects across Australia.
The first involves a ground electromagnetic (EM) survey at Broken Hill as part of the company’s Joint Venture with IGO, which IGO can earn a 75 per cent interest in EL7390 and EL8234.
The EM survey is using a deep penetrating SQUID system to test the two tenements for deposits of high-grade massive nickel-copper-PGM including the Moorakai Trend and the Little Broken Hill Gabbro.
The Moorakai Trend is a nine kilometre long ultramafic to mafic dyke and chonolith complex that is very poorly explored.
At the Little Broken Hill Gabbro, Impact completed the first ever drill program across the seven kilometre intrusion, identifying areas of highly anomalous PGM’s in the basal unit to the intrusion over several kilometres.
“It is great to have made a start on our on-ground exploration programmes so early in the New Year,” Impact Minerals managing director Dr Mike Jones said in the company’s ASX announcement.
“IGO Limited have now commenced a major electromagnetic survey at Broken Hill and we thank them for their efforts to get the survey underway under the trying conditions of the COVID-19 outbreaks in New South Wales.”
At the 80 per cent owned Doonia gold project in WA, 30km west of the recent Burns discovery by Lefroy Exploration a reverse circulation drill program is testing soil geochemistry and geophysical targets.
The principal target is a gold-bismuth soil geochemistry anomaly overlying a cluster of isolated magnetic anomalies in the centre of the project that may represent targets for intrusion related gold like Burns.
“The maiden RC drilling program is underway at Doonia and we are looking forward to testing a number of targets, some of which were identified over 20 years ago and have never been followed up,” Jones said.
“It will be interesting to see what is hidden at depth beneath them given the similarities to the nearby Burns discovery which was originally identified in the same exploration program as Doonia by WMC Resources in 1999.”
Email: info@impactminerals.com.au
Web: www.impactminerals.com.au