Last quarterly report and recent announcements/updates is where you'll find the same forward planning and financial information as the rest of the market of course.............
But generally speaking we might expect some significant interest from punters if MAG ALK and the various other LFB players throw down some serious new results near term ie. such an outcome would likely improve the understanding and possible prospective nature of other projects in the region, including IPT's tenements..............(nearology plan and simple).............and MAG are very close to delivering their first assays from a recent DD programme.
"In addition, the recent exceptional drill results of Alkane Resources Limited from the Boda discovery along trend from our Commonwealth project continue to demonstrate the tremendous upside for porphyry copper-gold mineralisation in the region. We are also directly along trend from the Magmatic Resources Limited Lady Ilse project where drilling is in progress”.
More serious positive price moves in PGM's especially Pd and Rh wont hurt our cause, neither will the interest being displayed in CHN and their recent discovery imo................this is a longer bow to draw but comparing the PGM hits CHN have delivered to the tenor of the historic hits seen for IPT might give a feel for what could drive some value for IPT once they start on their new Broken Hill drilling campaign................PGM's along with Ni are in favor right now it seems.
"We are well funded following our recent capital raising to progress our field programmes as best as possible under the new health and travel restrictions imposed as a consequence of COVID19".
More specifically...............
Re Boda nearology and the LFB:
Follow up airborne magnetic and radiometric geophysical surveys and soil geochemistry programmes will commence in May to help define specific targets for drilling.
Work will include the following: .A detailed airborne magnetic and radiometric geophysical survey at 50 metre line spacing will commence in May and cover all five priority targets with the aim of better definition of structures and potential skarn mineralisation. Electrical geophysical techniques will also be considered at selected target areas at a later date.
A soil geochemistry survey programme will be completed over the Apsley target to help define specific drill targets. This is also planned for May with logistics currently being organised. Electrical geophysical techniques are also being considered. Follow up work at Spicers Creek is subject to land access negotiations.
Interpretation of rock chip assays from the three other priority prospects identified by Impact: Boda South, Greenobbys and Gladstone prospects, to continue.
Continued compilation of previous work across Impact’s extensive ground holding in the Lachlan Fold Belt.
Re Broken Hill and PGM's:
detailed review and synthesis of the previous drilling is underway to help design a follow up drill programme which will be undertaken as soon as practicable following the issue of statutory permissions. A Land Access Agreement has been completed with the land owner and there are no Native Title issues.
As part of the preparation for a drill programme, field checking and extensive rock chip sampling was recently completed along the Little Broken Hill trend. Samples will be submitted to the laboratory shortly with results expected in May.
Might also see some new re the Broken Hill alliance.................
It is an initial six-month agreement to market the project to potential strategic partners, with the marketing to be led by Castillo Copper Limited; and If a suitable partner is found, the three parties will form a special purpose vehicle (SPV) which will acquire a total of nine tenements from the three parties in return for equal shareholdings (33.3% each) in the new SPV company.
(20min delay)