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High gold grades make Impact

Just shy of its 10th birthday, meticulous explorer Impact Minerals (ASX: IPT) is set to celebrate with strong financial backing and a possible emerging company-making discovery at Silica Hill. Ngaire McDiarmid reports.

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Drilling at Commonwealth in New South Wales, Australia

Until recently, Silica Hill was an exploration target near Impact Minerals’ established 110,000 ounce gold-equivalent resource at its 100%-owned Commonwealth project in New South Wales.