Impact Minerals (ASX: IPT) is pleased to share that IPT has identified major drill targets at the Caligula Prospect.
Announcement Highlights
- Infill soil geochemistry assays at the Caligula prospect have identified a coincident nickel-palladium-gold-chrome-cobalt anomaly characteristic of magmatic nickel-copper-PGM sulphides similar to the Gonneville deposit of Chalice Mining Limited (ASX:CHN).
- The anomaly lies over a very strong conductor identified in a Mobile Magnetotelluric survey(MMT) and an electromagnetic (EM) conductor identified in an airborne EM survey which are direct drill targets for sulphide mineralisation.
- Drill planning is underway for Q2, supported by a $180,000 co-funding grant from the WA Government EIS program awarded to Impact.
Congratulations to Dr Mike Jones, the board and the team at Impact Minerals for reaching this milestone.
Read the full Impact Minerals Company Update here.
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