Impact Minerals (ASX:IPT) has received all statutory environmental approvals for the highly anticipated follow up drill program at its Commonwealth Project in New South Wales.
Clearing of access tracks and drill pads will commence this week with the drill program to commence on completion of the current share purchase plan.
The drill program will test a significant number of targets along trend and at depth from the high grade mineralisation discovered in the Commonwealth-Silica Hill area as well as new targets in the immediate surrounding areas.
In 2016 Impact made a high grade gold-silver discovery at the Silica Hill Prospect within the Commonwealth project.
Drilling at Silica Hill discovered gold and silver grading up to 3,600 g/t silver and 23 g/t gold over an area of 200 metres by 100 metres down to a depth of 120 metres below surface.
The current share purchase plan and related shortfall offer closes on 9 June 2017.