#GeochemicalSurvey
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colitco ยท 10 days ago
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โš’๏ธ Impact Minerals Locks in High-Priority Nickel-Copper-PGE Drill Targets at Caligula Prospect ๐Ÿ”โ›๏ธ
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Impact Minerals (ASX: IPT) has defined compelling drill targets at the Caligula Prospect, part of its 100%-owned Arkun Project in WA, signalling a major step forward in its search for nickel-copper-PGE mineralisation.
Soil geochemistry and geophysical surveys have outlined a robust nickel-palladium-gold-chromium-cobalt anomaly aligned with strong MMT and airborne EM conductors โ€” making Caligula a drill-ready target ahead of its maiden program in Q2 2025.
๐Ÿ’ฐ Backed by a $180,000 EIS Grant, the drill campaign will commence as the renounceable rights issue closes on March 21 โ€” adding further momentum to IPTโ€™s exploration push.
๐Ÿ“Š Geochemical Standouts:
Palladium: 111 ppb โœจ
Nickel: 344 ppm โš™๏ธ
Gold: 42 ppb ๐Ÿช™
Chromium: 1,102 ppm ๐Ÿ”ฉ
Cobalt: 68 ppm ๐Ÿ”‹
Platinum: 12 ppb ๐Ÿ’Ž
๐ŸŒŸ The Caligula anomaly bears strong resemblance to Nova-Bollinger or Julimar-style deposits, raising hopes for a significant discovery.
๐Ÿ“ˆ Investor Outlook: With a current share price of $0.006 and market cap of $21.68M, Impact Minerals offers substantial upside potential as it gears up to drill-test a tier-one target in a fertile mineral belt.
๐Ÿ”— Read Full ASX Announcement: https://colitco.com/impact-minerals-identifies-major-drill-targets-for-nickel-copper-pge-at-caligula-prospect/
โš ๏ธ This is not investment advice. Please conduct your own research before making any investment decisions.
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