Market Cap
A$23m ($0.25 p/s)
Issued Capital
93,403,328
Directors
Peter Unsworth
Chairman
Michael Jones
Managing Director
Rodney Fripp
Executive Director
Paul Ingram
Non-Executive Director
Mark Pitts
Company Secretary
www.impactminerals.com.au
309 Newcastle Street
Northbridge
Western Australia 6003
tel +61 (8) 6454 6666
fax +61 (8) 6454 6667
email

ASX ANNOUNCEMENT
ASX: IPT
Date: 9th December 2009
Number: 127/091209
Exploration Update
• Maiden Drill Programme Starts for Uranium in
Botswana
• Further Drilling Planned for Early 2010
Impact Minerals Limited (Impact) is pleased to announce the start
of its first drill programme within its 100% owned Botswana
Uranium Project to test several large uranium targets at the
Lekobolo Prospect.
Impact"s Botswana Uranium Project covers 350 km of the strike
extensions of rocks that host many significant uranium deposits
throughout southern Africa, including Kayelekera in Malawi and
Letlhakane in Botswana.
A programme of about 60 holes for 3,000 metres of reverse
circulation (RC) drilling is underway to test areas of anomalous
uranium-in-soil responses 20 km along strike from the Letlhakane
Project (Figure 1).
The drill programme is anticipated to finish within a few weeks
and assay results are expected in January.
A second drill programme is currently being planned to
commence in early 2010, weather permitting, to follow-up other
priority uranium targets within Impact"s Prospecting Licences and
to follow-up results from the current drilling programme as
appropriate.
Further soil geochemistry programmes are also being planned and
will commence as soon as possible in 2010.
Dr Michael G Jones
Managing Director
Impact"s Botswana Uranium Project
Impact"s Prospecting Licences in Botswana cover 350 km of the strike extensions of rocks that
host many significant uranium deposits throughout southern Africa, including Letlhakane.
The large Letlhakane Project is owned by A-Cap Resources Limited which has reported an
Indicated and Inferred Resource of 344 Mt at 152 ppm using a 100 ppm cut-off for 116 Mlb of
uranium oxide in deposits hosted by near-surface calcrete and by Karoo Group sedimentary
rocks.
Impact"s licences are prospective for three types of uranium deposits:
• deposits hosted by Karoo sedimentary rocks, which host a number of large uranium
deposits throughout southern Africa, including at Letlhakane;
• uranium hosted by calcrete in Cainozoic palaeochannels, a style of mineralisation well
known in Australia and Namibia; and
• deposits within playa (salt) lakes which, in Australia and elsewhere in Africa, are
known to host significant uranium deposits.
Impact has identified 18 such target areas with a combined strike length of more than 400 km
within its licences.

These generally comprise elongate regions within which there are
variably exposed calcrete outcrops and/or outcrops of prospective Karoo sedimentary rocks.
Many have elevated surface uranium responses in the regional airborne radiometric data
and in ground spectrometer readings (Figure 1).
The Lekobolo Prospect is one of five priority targets identified by Impact (see ASX release
dated 8th September 2009) on the basis of the widespread surface uranium anomalism in
calcretes and sandstones, backed by regional mapping, ground reconnaissance work and
sampling.

These other four priority targets are Lekobolo, Sua, Kodibeleng, Ikongwe and
Shoshong.
Impact"s targets in Botswana have the potential to host very large deposits of uranium
mineralisation in a country ranked in first place by the Fraser Institute in its 2009 survey of
Mining jurisdictions in Africa.
The review of exploration activities and results contained in this report is based on information
compiled by Dr Mike Jones, a Member of the Australian Institute of Geoscientists.

He is a director of
the company and works full time for Impact Minerals Limited.

He has sufficient experience which is
relevant to the style of mineralisation and types of deposits under consideration and to the activity
which he is undertaking to qualify as a Competent Person as defined in the December 2004 edition of
the Australasian Code for reporting of Exploration Results, Mineral Resources and Ore Reserves (the
JORC Code).

Mike Jones has consented to the inclusion in the report of the matters based on his
information in the form and context in which it appears.
Figure 1