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Impact Minerals Limited (ASX:IPT)

ALERT: Price-sensitive ASX Announcement for IPT
Current share price for IPT : $0.041 -0.006 (-12.77%)+
Announcement
Release
30 Apr 2026 10:33AM
Price at Release
$0.047
Full Release
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Summary
Impact Minerals Limited's March 2026 Quarterly Activities Report details progress on several key projects. The Lake Hope High Purity Alumina Project is advancing with engineering studies to design a pilot plant, and significant sulphate clay deposits were identified at the Salmon Gums Project, highlighting potential for sulphate of potash production. At the Commonwealth Project, a joint venture with Kuniko Limited has seen successful diamond drilling, revealing new mineralisation zones. A new offset sulphide zone was discovered at Silica Hill, which remains open for further exploration. Additionally, a MobileMT™ survey identified a 4km-long conductive corridor, and at Broken Hill, a magneto-telluric survey identified significant conductive targets. The company also expanded its holdings with the acquisition of 100% interest in the Huonville Gold District. Corporate results show a cash balance of $1.76 million at the end of March 2026.
Key Points
  • Engineering studies for Lake Hope High Purity Alumina (HPA) Project are underway to design a pilot plant.
  • Significant sulphate clay deposits found at Salmon Gums Project, with potential for sulphate of potash production.
  • Kuniko Limited completed Phase 1 diamond drilling at Commonwealth Project, intersecting significant mineralisation.
  • New mineralised zone discovered at Silica Hill, remains open for further exploration.
  • MobileMT™ geophysical survey identified a 4km conductive corridor at Commonwealth Project.
  • Impact Minerals acquired 100% interest in Huonville Gold District, expanding their ground holding near Broken Hill.
  • Magneto-telluric survey at Broken Hill project identified significant conductive targets linked to deep-seated structures.
  • Cash at the end of March 2026 was $1.76 million, with exploration and corporate expenditures detailed.
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.