Impact Minerals: Expands Arkun tenements southeast of Julimar
- Metals explorer Impact Minerals (IPT) has significantly expanded its Arkun tenements on the hunt for Julimar-style mineralisation
- Reinterpretation of regional magnetic data has led Impact to believe the area hosts a deep mobile belt trending down from Julimar
- Impact Minerals Managing Director Dr Mike Jones says the arrival of Anglo American is a confidence booster
- Then the company is expecting the grant process for the exploration licences to take around five months
- In the meantime, it will begin pre-exploration activities to define priority targets
- Impact Minerals has finished Wednesday’s session 7.7 per cent higher at a price of 1.4 cents per share