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Mining

Impact Minerals collects samples up to 24g/t gold, 1,100g/t silver at New South Wales project

Impact Minerals (ASX: IPT) has sampled up to 24 grams per tonne gold, 1,100g/t silver, 2.6% copper and 5.7% zinc at its Commonwealth Mine in New South Wales.

This has doubled the strike length of the known gold-silver-copper-zinc mineralised zone to at least 600 metres. This remains open and undrilled in both directions.

The mineralised zone remains open and undrilled in both directions.

In addition several new undrilled prospects and mineralised trends have been identified in the project area and Impact has secured the along strike extension of these with the recent grant of a new exploration licence.

Commonwealth was acquired as part of the recent merger with Invictus Gold.

It is located 95 kilometres north of Orange and 50 kilometres north of the Cadia-Ridgeway deposits that contain 70 million ounces of gold and 12 million tonnes of copper within the Lachlan Fold Belt.

Proactive Investors Australia is the market leader in producing news, articles and research reports on ASX “Small and Mid-cap” stocks with distribution in Australia, UK, North America and Hong Kong / China.

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