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1
Investor Presentation
Making an “Impact” In NSW
Managing Director: Dr Mike Jones
Chief Operations Officer: Leo Horn
SYMP...
2
Introducing Impact Minerals
2
Impact Minerals (ASX: IPT)
Listed on ASX
Shares on Issue
Options
Share Price
Market Cap
Ke...
3
1. COMMONWEALTH - NSW: (IPT 100%)
• High grade Au-Ag-Zn-Pb-Cu
• Resource definition drill out required to define an init...
4
5
Commonwealth Project: Setting
Major Gold-Copper Mining Province
 Be in a region where there are a lot of existing mines
6
Commonwealth Project: Previous Work
• Gold-rich Volcanogenic Massive
Sulphide Deposit
• Mined 1906-1930’s
6500 t at 6 g/...
7
Commonwealth: Deposit Model
• Impact has re-logged 20 drill holes: VMS deposit confirmed.
8
Silurian VMS Deposit
17.7 Mt at 1.4 g/t gold, 80 g/t silver, 1.7% copper, 9.9% zinc, 3.8% lead
for 7.1 million oz gold e...
9
• Historic resource estimate:
Main Shaft: *83,000 t at 16.5 g/t gold eq.
(6 g/t gold, 250g/t silver, 10% zinc, 3% lead,
...
10
Commonwealth: Potential at Depth
• High grade gold results
open along strike and
at depth at:
– Main Shaft
– Commonweal...
11
Ground IP Survey: finding sulphide!
 New geophysical anomalies
12
What’s hiding under Silica Hill?!
 New soil anomalies
13
Commonwealth: Regional Potential
• Secured a further 315 sq km
• 8 km strike potential rocks
that host Commonwealth
• 1...
14
• Drill programme to commence in Q2 2014
• 2,500 m programme
• Initial aim to define >100,000 oz gold eq. resource
• De...
15
Broken Hill
Nickel-Copper-PGM
Joint Venture Project
New South Wales
Impact earning 80%
IPT required to spend $50,000 to...
16
Broken Hill Ni-Cu-PGE JV Project
• Located in the richly mineralised NSW
Curnamona Province
• 4 priority targets:
– Red...
17
Platinum Springs Prospect
• Bulk sample of gossan averaged up to
– 19.6 g/t platinum
– 50 g/t palladium
– 12 g/t other ...
18
What could be at Broken Hill?
North American
Mid-continent Rift
• Giant Duluth
Complex and
associated feeder
systems
• ...
19
Needle in a haystack!
50 m
50 m
20
• Gravity
Reprocessing of previous geophysics data
• IP
• Magnetics
21
“Residual?” Potential at Platinum Springs
Thunder Bay Resource Outline!
22
• Red Hill Mine active from 1906 to
1937
• About 500 t was mined
• Old mine records indicate face
sample results of:
– ...
23
Eagle: 5Mt @ 3.7%Ni and 3.%Cu
24
24
Red Hill: an Eagle Analogue?
Eagle intrusions
Red Hill
Size of Eagle Intrusion
25
• Drill programme to commence in Q2 2014
• 1,500 m programme
• Drill EM target at Red Hills
• Drill beneath the Red Hil...
26
News Flow
1 km
27
Does Impact “tick the boxes”?
1 km
 Strong management
 Tightly held register for strong capital growth
 Active explo...
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Impact Minerals | ASX:IPT | RIS2014 Broken Hill Investor Presentation

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Impact Minerals ASX:IPT - Investor presentation delivered at the 4th annual Resources Investment Symposium held in Broken Hill NSW Australia, 26-28 May 2014.

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Impact Minerals | ASX:IPT | RIS2014 Broken Hill Investor Presentation

  1. 1. 1 Investor Presentation Making an “Impact” In NSW Managing Director: Dr Mike Jones Chief Operations Officer: Leo Horn SYMPOSIUM PRESENTATION Broken Hill May 2014 Commonwealth, NSW Broken Hill, NSW
  2. 2. 2 Introducing Impact Minerals 2 Impact Minerals (ASX: IPT) Listed on ASX Shares on Issue Options Share Price Market Cap Key Projects Cash November 2006 486m 8 m listed IPTO 34m unlisted 4.2¢ $20m Commonwealth Au-Ag-Zn-Pb-Cu (NSW) Broken Hill JV: Ni-Cu-PGM (NSW) Mulga Tank JV: Ni-Cu-PGM (WA) $1.3m (plus $200,000 cash and $550,000 in shares May-Jun) Shareholders Bunnenberg Family 31% Directors 11% Top 20 58% Top 50 69%  Tightly held register for strong capital growth
  3. 3. 3 1. COMMONWEALTH - NSW: (IPT 100%) • High grade Au-Ag-Zn-Pb-Cu • Resource definition drill out required to define an initial >100,000 oz gold eq. • Targeting >1 million ounce gold-equivalent 2. BROKEN HILL JV - NSW: (IPT earning 80% from GCR) • Highest grade PGM project in Australia: drill intercepts of >20 g/t platinum-palladium and 6% copper and 4% nickel • Targeting >1 Moz PGM equivalent with high grade nickel and copper Making an Impact in NSW  Good projects
  4. 4. 4
  5. 5. 5 Commonwealth Project: Setting Major Gold-Copper Mining Province  Be in a region where there are a lot of existing mines
  6. 6. 6 Commonwealth Project: Previous Work • Gold-rich Volcanogenic Massive Sulphide Deposit • Mined 1906-1930’s 6500 t at 6 g/t Au, 150 g/t Ag, 2% Cu, 15% Zn & 7% Pb • Poorly explored: 66 drill holes for an average depth of 53 metres. • Previous exploration focus along 250 m strike at Commonwealth • Acquisition in March 2013 • EL5874: 3-4 km strike potential  Go to the headframe
  7. 7. 7 Commonwealth: Deposit Model • Impact has re-logged 20 drill holes: VMS deposit confirmed.
  8. 8. 8 Silurian VMS Deposit 17.7 Mt at 1.4 g/t gold, 80 g/t silver, 1.7% copper, 9.9% zinc, 3.8% lead for 7.1 million oz gold eq. • 3.5 Moz gold equivalent underground resource and reserve • Multiple lenses down to at least 630 m depth Analogy: Woodlawn deposit (TriAusMin) Goulburn, NSW Average drill depth at Commonwealth
  9. 9. 9 • Historic resource estimate: Main Shaft: *83,000 t at 16.5 g/t gold eq. (6 g/t gold, 250g/t silver, 10% zinc, 3% lead, 0.5% copper) for 44,000 oz gold eq. *Only over 50 m strike to 50 m depth • Drill intercepts in fresh rock of: 9.8 m at 8.4 g/t gold, 357 g/t silver, 4.1% lead, 9.3% zinc, 0.5% copper 30 m at 6 g/t including 2 m at 77 g/t gold • Potential for significant deposit beneath & along strike from Main Shaft • Resource definition drilling required • Exploration Target >1 M oz gold equivalent Commonwealth Mine  Look for High Grade
  10. 10. 10 Commonwealth: Potential at Depth • High grade gold results open along strike and at depth at: – Main Shaft – Commonwealth South • High value ore per tonne
  11. 11. 11 Ground IP Survey: finding sulphide!  New geophysical anomalies
  12. 12. 12 What’s hiding under Silica Hill?!  New soil anomalies
  13. 13. 13 Commonwealth: Regional Potential • Secured a further 315 sq km • 8 km strike potential rocks that host Commonwealth • 10 km strike potential of structures that host Galwagere deposit • Additional historic copper- gold workings
  14. 14. 14 • Drill programme to commence in Q2 2014 • 2,500 m programme • Initial aim to define >100,000 oz gold eq. resource • Define plunge of shoots • Define potential for >1 million ounces gold eq. Commonwealth: Next Steps
  15. 15. 15 Broken Hill Nickel-Copper-PGM Joint Venture Project New South Wales Impact earning 80% IPT required to spend $50,000 to earn 51% and a further $200,000 to earn 80%
  16. 16. 16 Broken Hill Ni-Cu-PGE JV Project • Located in the richly mineralised NSW Curnamona Province • 4 priority targets: – Red Hill – Platinum Springs – Moorkaie – Little Broken Hill Gabbro • Highest platinum grades in Australia with potential for >1 Moz PGE • Mineralised mafic and ultramafic dykes and sills with high grade gossans over a 35 km belt • Impact to earn 80% by spending a further $300,000 by Nov 2017 Moorkaie Platinum Springs Red Hill Little Broken Hill Gabbro
  17. 17. 17 Platinum Springs Prospect • Bulk sample of gossan averaged up to – 19.6 g/t platinum – 50 g/t palladium – 12 g/t other PGM’s (Os, Ir, Ru, Rh) • High grade drill intercepts and rock chip samples over small 100 m x 100 m area. GMS-006 returned: – 2 m at 10.9 g/t Pt, 23.6 g/t Pd, 6.12% Ni, 4.45% Cu • Massive sulphides at sill base • Possible feeder zones • Previous work focussed on east-west trending sill-model rather than Impact’s north-south trending structural model Open
  18. 18. 18 What could be at Broken Hill? North American Mid-continent Rift • Giant Duluth Complex and associated feeder systems • Thunder Bay North and Eagle are two deposit styles that could be present at BrokenHill.
  19. 19. 19 Needle in a haystack! 50 m 50 m
  20. 20. 20 • Gravity Reprocessing of previous geophysics data • IP • Magnetics
  21. 21. 21 “Residual?” Potential at Platinum Springs Thunder Bay Resource Outline!
  22. 22. 22 • Red Hill Mine active from 1906 to 1937 • About 500 t was mined • Old mine records indicate face sample results of: – 2 to 4% copper – 2 to 3% nickel – 5 to 41 g/t platinum – 22 to 70 g/t silver • Anomalous soil and rock chip samples extend for several hundred metres to the east • NO DRILLING • Partly coincident with EM anomaly Red Hill Prospect An Eagle Analogue?
  23. 23. 23 Eagle: 5Mt @ 3.7%Ni and 3.%Cu
  24. 24. 24 24 Red Hill: an Eagle Analogue? Eagle intrusions Red Hill Size of Eagle Intrusion
  25. 25. 25 • Drill programme to commence in Q2 2014 • 1,500 m programme • Drill EM target at Red Hills • Drill beneath the Red Hill mine workings • Define potential for >1 million ounces PGM. Broken Hill: Next Steps
  26. 26. 26 News Flow 1 km
  27. 27. 27 Does Impact “tick the boxes”? 1 km  Strong management  Tightly held register for strong capital growth  Active explorer  Good projects  Strong news flow Thank you for listening

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