Impact Minerals Ltd Annual Report 2021 6 REVIEW OF OPERATIONS Impact Minerals Limited is an Australian Exploration Company listed on the Australian Securities Exchange (ASX-IPT). The company is a project generator and developer and explores a large portfolio of tenement holdings of 4,000 sq km within major mining regions of Australia featuring significant potential for high-grade mineral deposits of gold, silver, lead, zinc, copper, cobalt, nickel and platinum group metals. The company has five active exploration projects, each containing multiple, high-grade mineral discoveries: ARKUN-BEAU PROJECT 2,182 sq km centred between York and Corrigin 100 km east of Perth prospective for nickel-copper- platinum group metals and gold . DOONIA PROJECT 62 sq km located 80 km east of Kambalda in Western Australia and prospective for gold. BLACKRIDGE PROJECT 140 sq km covering Permian sedimentary rocks near Clermont in central Queensland and prospective for conglomerate-hosted gold deposits. COMMONWEALTH PROJECT 714 sq km in the Lachlan Fold Belt in New South Wales prospective for porphyry copper-gold as well as volcanogenic massive sulphide deposits of gold, silver and base metals. BROKEN HILL PROJECT 851 sq km in the Broken Hill region New South Wales and prospective for nickel-copper- platinum group metals and silver- lead-zinc deposits.