Fortbridge Media Release

Impact Minerals Ltd. [ASX:IPT] - Extension to Commonwealth South Mineralisation

First assays from Impact Minerals Limited (ASX:IPT) maiden drill programme at the Commonwealth Project located 90 km north of Orange in NSW have confirmed an extension of the previously discovered deposit at the Commonwealth South Prospect (see Figures 1 and 2 from the link provided).

Highlights:

* Assays confirm mineralisation extended by 50 m along strike and 20 m down dip
* 1 m at 7.6 g/t gold, 52 g/t (2 oz) silver, 0.41 per cent zinc and 0.3 per cent lead from 58 m; and
* 3 m at 3.2 g/t gold, 115 g/t (3.5 oz) silver, 3.4 per cent zinc and 0.9 per cent lead from 64 m; and
* 1 m at 2 g/t gold, 89 g/t (3 oz) silver, 3.3 per cent zinc and 1.7 per cent lead from 83 m
* Mineralisation is near-surface and is of a bulk mineable width
* Four further RC holes to test down plunge potential in progress
* Diamond drill hole to test IP anomaly at depth in progress

Assays from Hole CMIPT05 returned an intercept of:

* 24 m at 1.4 g/t gold, 34 g/t silver, 1.2 per cent zinc and 0.3 per cent lead from 58 m; including
* 1 m at 7.6 g/t gold, 52 g/t (2 oz) silver, 0.41 per cent zinc and 0.3 per cent lead from 58 m; and
* 3 m at 3.2 g/t gold, 115 g/t (3.5 oz) silver, 3.4 per cent zinc and 0.9 per cent lead from 64 m; and
* 1 m at 2 g/t gold, 89 g/t (3 oz) silver, 3.3 per cent zinc and 1.7 per cent lead from 83 metres.

This intercept extends the Commonwealth South deposit, which is shallow and occurs over a robust mineable width, by 50 m along strike and by 20 m depth. The deposit is still open at depth and along strike (see Figure 1).

Hole CMIPT05 is the first of a number of drill holes designed to test for an extension of the mineralisation at Commonwealth South. Assays are awaited for Hole CMIPT09, drilled further along strike to the south east, and four further holes will be drilled to help define any plunge to the mineralisation (see Figure 1).

To view the full announcement please click on the link below:

For further information please contact:

Dr. Michael G. Jones
Managing Director
T: +61 (8) 6454 6666
F: +61 (8) 6454 6667
E:
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