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

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
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
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

5. 5
Commonwealth Project: Setting
Major Gold-Copper Mining Province
 Be in a region where there are a lot of existing mines

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
Commonwealth: Deposit Model
• Impact has re-logged 20 drill holes: VMS deposit confirmed.

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
• 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
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
Ground IP Survey: finding sulphide!
 New geophysical anomalies

12. 12
What’s hiding under Silica Hill?!
 New soil anomalies

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
• 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
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
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
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
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
Needle in a haystack!
50 m
50 m

20. 20
• Gravity
Reprocessing of previous geophysics data
• IP
• Magnetics

21. 21
“Residual?” Potential at Platinum Springs
Thunder Bay Resource Outline!

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
Eagle: 5Mt @ 3.7%Ni and 3.%Cu

24. 24
24
Red Hill: an Eagle Analogue?
Eagle intrusions
Red Hill
Size of Eagle Intrusion

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
News Flow
1 km

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