Impact Minerals Acquires Dinninup project, WA
- Impact Minerals (IPT) acquires the Dinninup project in southwest Western Australia
- The company paid the vendor $20,000 in cash and will issue three million options exercisable at 2.4 cents within three years
- Dinninup covers 485 square kilometres and recent soil geochemistry work highlighted nine high-priority targets prospective for a range of battery and strategic metals
- Impact says the results indicate “untapped potential” in an area where there has only been previous exploration for bauxite
- IPT shares have dropped 6.25 per cent to trade at 1.5 cents
