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    Impact Minerals identifies ‘numerous’ Ni-Cu-PGM and lithium targets at Arkun

    Impact Minerals (ASX:IPT) has identified ‘numerous’ high-priority targets for Ni-Cu-PGM mineralisation + lithium-caesium-tantalum (LCT) from maiden soil sampling at its 100%-owned Arkun project in Western Australia.

    The results extend over several hundred metres and include 11 targets for Ni-Cu-PGM and 11 targets for LCT in an area described by the company as ‘poorly explored’, with no prior drilling.

    “These soil results have exceeded our expectations by a long way and are also a credit to our target generation technology”

    The central region of the project, encompassing six high-priority and five medium-priority targets has been identified as ‘strongly anomalous’ for all five Ni-Cu-PGM metals, pointing to the potential of sulphide mineralisation.

    Soil sampling scores for Ni-Cu-Pd-Pt-Au at the Arkun project, displaying large areas of anomalism in the central region of the project area
    Soil sampling scores for Ni-Cu-Pd-Pt-Au at the Arkun project, displaying large areas of anomalism in the central region of the project area

    Speaking on the result, Impact Minerals Managing Director Dr Mike Jones said: “These soil results have exceeded our expectations by a long way and are also a credit to our target generation technology. To have identified 11 targets for nickel-copper-PGM is exciting enough in its own right, but recognising the potential for lithium pegmatites over a very large area is also a significant breakthrough for Impact.”

    Of note, the further combination of LCT mineralisation across Arkun points to the potential for pegmatite discovery, which are a key source of hard-rock lithium in Western Australia. Impact reports that it has identified six high-priority and five medium-priority targets, with follow-up work to come.

    The above results have generated a number of key follow-up targets for nickel-copper-PGM plus LCT pegmatites, with Impact reporting that first-pass field checking and sampling is already underway. Land access is being negotiated with local farmers, as much of the region is currently under crop until later in 2021.

    Images: Impact Minerals Limited
    Tristan Lal
    Originally from Canada, Tristan contributes daily breaking news to Mining.com.au. Tristan completed her Bachelor of Journalism in Queensland, Australia and has over 10 years experience writing on a range of topics including resources, medical, construction, and business.

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    • Delayed Prices (USD) - Last Updated 23-10-2021
    • Gold $1,793.20
    • Silver $24.28
    • Platinum $1,038.00
    • Palladium $1,948.00
    • Dalian Iron Ore i2201 $110.96
    • Aluminium $2,910.50
    • Cobalt $58,598.87
    • Copper $9,831.50
    • Lead $2,400.00
    • Nickel $19,930.00
    • Tin $37,250.00
    • Zinc $3,429.50