Impact Minerals Limited: Massive Sulphide Intersections Strengthen Potential at Commonwealth–Silica Hill Project
Impact Minerals Limited (ASX: IPT) has reported encouraging progress from the Phase 1 diamond drilling program at its Commonwealth–Silica Hill Project in New South Wales’ Lachlan Fold Belt. Three diamond drill holes covering approximately 540 metres have been completed as part of a planned 1,200-metre drilling campaign undertaken by Kuniko Limited under an earn-in joint venture arrangement. The initial drilling intersected multiple sulphide mineralised zones, including 3.7 metres and 2.9 metres of massive sulphide within broader intervals of disseminated and stringer sulphide mineralisation, confirming continuity of the Main Shaft massive sulphide lens.
Additionally, drilling at the Silica Hill prospect intersected around 60 metres of sulphide mineralisation with visible silver sulphosalts, highlighting strong mineralised continuity within the system. These drill intersections indicate that the mineralised structure continues both at depth and along strike, suggesting additional exploration upside. Drilling activities are ongoing, with assay results expected in April, while plans for a larger Phase II drilling program focused on resource expansion and testing new geophysical targets are also progressing.
Customer Notice:
Nextgen Global Services Pty Ltd trading as Kapitales Research (ABN 89 652 632 561) is a Corporate Authorised Representative (CAR No. 1293674) of Enva Australia Pty Ltd (AFSL 424494). The information contained in this website is general information only. Any advice is general advice only. No consideration has been given or will be given to the individual investment objectives, financial situation or needs of any particular person. The decision to invest or trade and the method selected is a personal decision and involves an inherent level of risk, and you must undertake your own investigations and obtain your own advice regarding the suitability of this product for your circumstances. Please be aware that all trading activity is subject to both profit & loss and may not be suitable for you. The past performance of this product is not and should not be taken as an indication of future performance.
Kapitales Research, Level 13, Suite 1A, 465 Victoria Ave, Chatswood, NSW 2067, Australia | 1800 005 780 | info@kapitales.com.au
x
Daily Dose of Buy, Sell & Hold recommendations before the market opens.
Start Your 7 Days Free Trial Now!
We use cookies to help us improve, promote, and protect our services.
By continuing to use this site, we assume you consent to this.
Read our
Privacy Policy
and
Terms & Conditions
Impact Minerals Limited: Massive Sulphide Intersections Strengthen Potential at Commonwealth–Silica Hill Project
Impact Minerals Limited (ASX: IPT) has reported encouraging progress from the Phase 1 diamond drilling program at its Commonwealth–Silica Hill Project in New South Wales’ Lachlan Fold Belt. Three diamond drill holes covering approximately 540 metres have been completed as part of a planned 1,200-metre drilling campaign undertaken by Kuniko Limited under an earn-in joint venture arrangement. The initial drilling intersected multiple sulphide mineralised zones, including 3.7 metres and 2.9 metres of massive sulphide within broader intervals of disseminated and stringer sulphide mineralisation, confirming continuity of the Main Shaft massive sulphide lens.
Additionally, drilling at the Silica Hill prospect intersected around 60 metres of sulphide mineralisation with visible silver sulphosalts, highlighting strong mineralised continuity within the system. These drill intersections indicate that the mineralised structure continues both at depth and along strike, suggesting additional exploration upside. Drilling activities are ongoing, with assay results expected in April, while plans for a larger Phase II drilling program focused on resource expansion and testing new geophysical targets are also progressing.
Customer Notice:
Nextgen Global Services Pty Ltd trading as Kapitales Research (ABN 89 652 632 561) is a Corporate Authorised Representative (CAR No. 1293674) of Enva Australia Pty Ltd (AFSL 424494). The information contained in this website is general information only. Any advice is general advice only. No consideration has been given or will be given to the individual investment objectives, financial situation or needs of any particular person. The decision to invest or trade and the method selected is a personal decision and involves an inherent level of risk, and you must undertake your own investigations and obtain your own advice regarding the suitability of this product for your circumstances. Please be aware that all trading activity is subject to both profit & loss and may not be suitable for you. The past performance of this product is not and should not be taken as an indication of future performance.
Kapitales Research, Level 13, Suite 1A, 465 Victoria Ave, Chatswood, NSW 2067, Australia | 1800 005 780 | info@kapitales.com.au