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Impact Minerals Limited ( (AU:IPT) ) has issued an announcement.
Impact Minerals Limited is resuming exploration at its 100%-owned Broken Hill Project in New South Wales, driven by increased metal prices and new exploration concepts. The project is prospective for various mineralization styles, including copper, nickel-copper-PGM, and silver-lead-zinc. The company has identified new high-grade mineralization zones using proprietary techniques, with potential for further discoveries along the Moorkai Trend. This renewed exploration effort aligns with increased corporate activity in the region, positioning Impact as a major player in the area.
More about Impact Minerals Limited
Impact Minerals Limited is a company operating in the mining industry, focusing on exploration and development of mineral resources. The company is primarily engaged in exploring for copper, nickel, platinum group metals (PGM), and silver-lead-zinc mineralization. Impact Minerals holds a significant tenement portfolio in the Broken Hill region of New South Wales, Australia, known for its rich deposits of these metals.
YTD Price Performance: -9.09%
Average Trading Volume: 2,022,742
Technical Sentiment Signal: Sell
Current Market Cap: A$28.46M
See more data about IPT stock on TipRanks’ Stock Analysis page.