#GeochemicalSurvey
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colitco · 5 days ago
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⚒️ Impact Minerals Locks in High-Priority Nickel-Copper-PGE Drill Targets at Caligula Prospect 🔍⛏️
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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 — making Caligula a drill-ready target ahead of its maiden program in Q2 2025.
💰 Backed by a $180,000 EIS Grant, the drill campaign will commence as the renounceable rights issue closes on March 21 — adding further momentum to IPT’s exploration push.
📊 Geochemical Standouts:
Palladium: 111 ppb ✨
Nickel: 344 ppm ⚙️
Gold: 42 ppb 🪙
Chromium: 1,102 ppm 🔩
Cobalt: 68 ppm 🔋
Platinum: 12 ppb 💎
🌟 The Caligula anomaly bears strong resemblance to Nova-Bollinger or Julimar-style deposits, raising hopes for a significant discovery.
📈 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.
🔗 Read Full ASX Announcement: https://colitco.com/impact-minerals-identifies-major-drill-targets-for-nickel-copper-pge-at-caligula-prospect/
⚠️ This is not investment advice. Please conduct your own research before making any investment decisions.
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