Impact Minerals (ASX: IPT) is pleased to share the June 2024 quarterly report about the company's A$3 million placement and the ongoing progress of the projects.
Announcement Highlights
- Strategic A$3 million placement mostly supported by major shareholders. $725,000 in funds was received from the exercise of listed options. (IPTOB)
- Lake Hope, WA (IPT 80%) Progressing well towards completing the Pre-Feasibility Study by Q4 2024, led by David English, with positive environmental surveys and ongoing metallurgical testing.
- Arkun-Beau, WA (IPT 100%) Received co-funding for drilling at the Caligula copper target; completed soil surveys and drilling at the Hyperion Rare Earth Element Prospect with metallurgical results received.
- Commonwealth Project (IPT 100%) Advancing towards an IPO in Q4 2024, with submissions underway for ASX approval.
Congratulations to the IPT team led by Dr Mike Jones and the board for reaching this significant milestone.
Read the full Impact Minerals Company Update here.
To learn more about Impact Minerals and stay up to date with investor information, subscribe to the Company's Chairman’s List.
