https://www.miningweekly.com
Copper|Exploration|PROJECT|Technology
Copper|Exploration|PROJECT|Technology
copper|exploration|project|technology

Impact gears up for year-end for PFS on Lake Hope HPA project

17th May 2024

By: Creamer Media Reporter

     

Font size: - +

Exploration company Impact Minerals has set its sights on completing the prefeasibility study (PFS) for its high-purity alumina (HPA) endeavour, Lake Hope, by year’s end, said MD Mike Jones on Friday.

Bolstered by a strategic raising of A$4-million, with the issuance of 150-million shares at A$0.02 each, the company is on a decisive course forward.

Impact also offered one free-attaching option for every three placement shares subscribed, valued at  A$0.027 per option.

“We have deliberately placed most of the shares to our major shareholders which is a strong endorsement of our plan to move forward as quickly as possible with Lake Hope and we thank them for their support,” remarked Jones.

Further, in addition to the Lake Hope project, Impact will also be able to progress the Arkun battery and strategic metals project, for which it recently received up to A$180 000 in cofunding from the Western Australian government’s Exploration Incentive Scheme to drill the Caligula copper target.

Nestled between Western Australia’s Goldfields and Wheatbelt regions, Lake Hope will produce 99.99% 4N HPA, a technology sector material that is on Australia’s critical minerals list.

Edited by Creamer Media Reporter

Comments

Showroom

John Thompson
John Thompson

John Thompson, the leader in energy and environmental solutions through value engineering and innovation, provides the following: design, engineer,...

VISIT SHOWROOM 
SMS group
SMS group

At SMS group, we have made it our mission to create a carbon-neutral and sustainable metals industry.

VISIT SHOWROOM 

Latest Multimedia

sponsored by

Resources Watch
Resources Watch
19th June 2024

Option 1 (equivalent of R125 a month):

Receive a weekly copy of Creamer Media's Engineering News & Mining Weekly magazine
(print copy for those in South Africa and e-magazine for those outside of South Africa)
Receive daily email newsletters
Access to full search results
Access archive of magazine back copies
Access to Projects in Progress
Access to ONE Research Report of your choice in PDF format

Option 2 (equivalent of R375 a month):

All benefits from Option 1
PLUS
Access to Creamer Media's Research Channel Africa for ALL Research Reports, in PDF format, on various industrial and mining sectors including Electricity; Water; Energy Transition; Hydrogen; Roads, Rail and Ports; Coal; Gold; Platinum; Battery Metals; etc.

Already a subscriber?

Forgotten your password?

MAGAZINE & ONLINE

SUBSCRIBE

RESEARCH CHANNEL AFRICA

SUBSCRIBE

CORPORATE PACKAGES

CLICK FOR A QUOTATION







sq:0.213 0.247s - 108pq - 2rq
1:
1: United States
Subscribe Now
2: United States
2: