Fortbridge Media Release

Impact Minerals [ASX:IPT] - Undrilled High Grade Pt-Pd-Ni-Cu-Au-Ag Anomalies at Red Hill Prospect, Broken Hill, NSW

Highlights:

* Rock Chip Assays up to 16 g/t platinum, 12 g/t palladium, 4.2% nickel, 22% copper, 1.8 g/t gold and 221 g/t silver

* Nickel, copper and precious metal anomalies covering several hundred square metres defined by soil geochemistry results

* Drill programme to commence next Quarter

Impact Minerals (ASX:IPT) is pleased to announce that very significant rock chip assays and soil geochemistry results for platinum, palladium, nickel, copper, gold and silver have defined four priority areas for follow up work at the Red Hill Prospect at Impact Minerals Limited Broken Hill Joint Venture Project in New South Wales. Impact is earning an 80% interest in the project from Golden Cross Resources Ltd.

The results suggest that the host ultramafic intrusive unit at Red Hill, which outcrops over an area of about 500 sq metres, has a nickel-rich core and copper-precious metal-rich margins (see Figure 1 in the attachment). This is a common feature in many major nickel-copper-precious metal sulphide deposits around the world.

The centre of the unit is marked by nickel-in-soil values greater than 10,000 ppb and up to 16,100 ppb nickel that is 100 m wide and 300 m long. This is a priority area for drilling.

To view the full announcement please refer to the attachment.

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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