Impact keeps up battery, strategic metals exploration momentum at Arkun-Beau-Jumbo
Impact is all warmed up for further nickel-copper-PGE exploration at the Arkun-Beau-Jumbo projects in Western Australia’s southwest – an emerging mineral province.
The company has completed airborne electromagnetic survey, soil geochemistry surveys, field checking and rock chip sampling at priority targets within its portfolio, which has been meticulously assembled over the past 18 months as part of a strategic change in focus following the discovery of the world-class Julimar deposit by Chalice Mining.
Impact Minerals (ASX:IPT) has also spent extensive time completing Land Access Negotiations across the project area and is awaiting assay results from exploration at Doonia and Hopetoun.
Additionally, the company is compiling and interpreting previous exploration work on other projects such as Narryer and Dalgaranga while rationalising its projects in Eastern Australia as evidenced by its reaching a joint venture with IGO over part of the Broken Hill project.
Previous reconnaissance geophysical and soil geochemistry surveys at the 2,380km2 Arkun-Beau-Jumbo projects about 150km southeast of Perth had identified a significant number of areas for follow up work for a wide range of commodity metals including nickel-copper-PGE, lithium pegmatites, rare earth elements and rubidium.
Recent work has included an extensive airborne EM and magnetic survey of 920 line kilometres in seven blocks over the priority soil geochemistry targets identified at Beau and Arkun.
Final survey data has been received and further processing and interpretation of the data is underway with results expected later this quarter.
Impact has also signed 22 land access agreements which cover the majority of the nickel-copper-PGE targets in the northern part of the project area while negotiations are underway for the remaining targets in the south.
This land access has allowed the company to complete several campaigns of field checking, soil geochemistry and rock chip sampling across some of the priority targets.
Additionally, reconnaissance field checking and rock chip sampling has been completed along the main access road at Jumbo to follow up on first pass soil geochemistry results.
The company expects this work to allow further refinement of areas of interest for follow-up work including drilling.
Assays are pending for drilling and soil geochemistry surveys completed earlier this year at both Doonia and Hopetoun.
Meanwhile, compilation, synthesis and interpretation of previous exploration data is ongoing for Impact’s Narryer and Dalgaranga joint venture projects as well as the wholly-owned Dinninup, Mineral Hill and Martup projects.
This article was developed in collaboration with Impact Minerals, a Stockhead advertiser at the time of publishing.
This article does not constitute financial product advice. You should consider obtaining independent advice before making any financial decisions.