Impact Minerals Limited was established to explore for deposits of uranium, nickel, Platinum Group Metals (PGM's) and gold and listed on the ASX in November 2006. The Company has extensive tenement holdings in Africa and more recently Australia: a portfolio of projects with the potential for significant deposits of uranium and copper-nickel PGM's.

The Directors of the Company have extensive experience in mining and mineral exploration and a strong history of exploration success, business development and corporate management.

Impact Minerals intends to build the business with a vigorous campaign of project evaluation and project generation for potential acquisitions and farm-ins, both in Australia and overseas. The Impact team is committed to achieving sustained and rapid growth through the vision of the Company to engage in World Class Exploration and Resource Development.

Investment Highlights


  • World-class exploration opportunity for uranium in Botswana covering 27,000 sq km of 100% owned Licenses.

  • Option Agreement with Manica Minerals Limited to earn up to 75% of the Xade project covering 11,000 sq km in central Botswana to explore for deposits of platinum group elements (PGE), nickel and copper.  Impact has recently secured 51% equity in the Xade project.


  • A share holding of about 75% in Invictus Gold Limited, a Turkey, NSW and Queensland focused  gold-silver-copper-molybdenum explorer.  See the website at www.invictusgold.com.au

  • Following Invictus Gold's acquisition of Endeavour Minerals in March 2013, Impact acquired Endeavour's nickel copper PGM joint venture rights to the Mulga Tank Project in WA (earning 50%) and also the Broken Hill Ni PGM project (earning 80%) in NSW.

Investment Highlights

Mulga Tank Nickel Copper PGM Project (Western Australia)

  • Located 200 km northeast of Kalgoorlie in Western Australia, the Mulga Tank Nickel Project contains the Achaean Minigwal Greenstone Belt. The belt consists of two northwest striking greenstone sequences of folded and faulted mafic, ultramafic and sedimentary rocks with a combined strike of 50 km.

  • Previous exploration has focused on the Mulga Tank Dunite which occurs as a strong circular magnetic feature 3.5 km by 4 km in diameter that that is interpreted to represent a flat-lying, channelized ultramafic sill. Only four historic diamond holes have been drilled into the dunite with all four returning wide intercepts of disseminated Mount Keith-style nickel mineralisation such as: 264 m at 0.2% Ni from 68 m including 2 m at 0.93% Ni in MTD001.

  • An ongoing review and relogging of the diamond core has revealed previously unknown PGE and cobalt assay results that include:

11 m at 0.37% nickel, 0.07 g/t PGM (Pt+Pd) and 116 ppm cobalt from 202 metres in MTD003, including
1 m at 1.12% nickel, 0.5 g/t PGE (Pt+Pd) and 271 ppm cobalt.
  • Importantly, the review has confirmed that much of the nickel sulphide mineralisation discovered at the Project is primary magmatic sulphide (as distinct from uneconomic secondary sulphides) hosted in ultramafic rocks. These sulphides (pyrrhotite, pentlandite) are similar to those that constitute the significant nickel deposits found at the Perseverance (45 Mt at 2% nickel) and the Mount Keith mines near Agnew in Western Australia.

Botswana Uranium Project (Impact 100%)

  • Impact's Botswana Uranium Project comprises approximately 20,000 sq km of Prospecting Licenses containing significant strike extensions to the host rocks found at the nearby Letlhakane Uranium Project owned by A-Cap Resources Limited. A-Cap has reported an Inferred Resource of 261 million lbs of U3O8 at an average grade of 150 ppm (100 ppm cut-off) hosted within near-surface calcretes of the Kalahari Group and sedimentary rocks of the Karoo Group.

  • Impact's interpretation of Government-supplied airborne radiometric data covering 75% of Impact's tenements in northeastern Botswana identified several prospective sites with elevated surface uranium responses. This data, together with field reconnaissance, mapping and drilling, led to a discovery at Lekobolo, Morolane, Mosolotsane and Molyabana. All of these are in siltstones and sandstones of the Karoo Supergroup.

  • Analytical results from RC drilling at the Red Hills prospect confirmed that the alteration system is very large, at least 1.5 km long by 1 km wide and open in all directions. It is largely constrained to a major fault zone that has a strike extent of at least 60 kms. Alteration consisting of specular hematite with Total Rare Earth Elements(TREE), copper, uranium, silver, lead and zinc is developed mainly in Proterozoic conglomerates and fault breccias in underlying basement granites and gneisses. Significant assays include:

RHRC08: 97 m @ 0.11% TREE and 11 ppm U3O8 from 105 m.

RHRC02: 10 m @ 0.1% TREE from 20 m.13 m % 25 ppm U3O8 from 115 m and 15 m @ 20 ppm U3O8 from 189 m. 


Mining 2013 Resources Convention

Presentation - Dr Michael Jones

Finance News Network - Dr Michael Jones



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