IMPACT MINERALS: ACQUIRES DINNINUP PROJECT, WA

Impact Minerals Acquires Dinninup project, WA.

Impact Minerals ( IPT) buys the Dinninup project located in the southwest region of Western Australia.
It is reported that the company has paid the vendor $20,000 cash and issued three million options, exercisable at 2.4 cents in the next three years.
Dinninup is a vast area of 485 square kilometers, and recent soil geochemistry studies revealed nine priority targets for a wide range of strategic and battery metals.
Impact reports that the results reveal “untapped potential” in an area that has not been an exploration of bauxite in the past.
IPT shares have fallen 6.25 percent, trading at 1.5 cents