Impact now exploring for Queensland conglomerate gold

IMPACT Minerals has turned its attention from conglomerate gold in the Pilbara to conglomerate gold near Clermont in central Queensland.

Impact now exploring for Queensland conglomerate gold Impact now exploring for Queensland conglomerate gold Impact now exploring for Queensland conglomerate gold Impact now exploring for Queensland conglomerate gold Impact now exploring for Queensland conglomerate gold

A veritable light bulb moment or two in May has seen Impact exit a Pilbara conglomerate gold venture and initiate a Queensland conglomerate gold play.

An option costing A$30,000 has been paid-for for ground that has previously yielded 185,000 ounces from small shafts and related scratchings, with a further $200,000 due if Impact decides it wants to own a 95% stake.

Additional ground has also been applied for, with Impact claiming its tenement holding now covers at least 23 strike kilometres of Permian basins with the highly prospective gold-rich basal unconformity interpreted to be preserved at depth over at least 37 square kilometres:.

Most of this area has never been drilled, with Impact saying it had panning gold at surface (at what it is calling the Blackridge project).

Earlier this month Impact decided to sell its Pilbara conglomerate gold ground to Canadian company Pacton Gold for C$350,000 cash plus s...

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