Exploration for high grade palladium-platinum-rhodium-nickel-copper at Broken Hill to recommence with drilling planned for Q2-Q3. 

The Perth companies Broken Hill and Commonwealth projects have been invigorated by the record Platinum Group metal prices, palladium and rhodium in particular, and the recent Boda-Kaiser copper-gold discovery of Alkane Resources Limited near Dubbo, according to the company. 

“We are excited to be returning to explore at Broken Hill and Commonwealth where Impact has generated some highly prospective targets for currently high-priced precious metals and where follow-up work including extensive drilling, is required,” Impact Minerals managing Director Dr Mike Jones said. 

“The Company is busy designing drill programmes at Red Hill and other prospects at Broken Hill to follow-up the exceptional grades discovered in our earlier work there. This includes drilled grades of up to 250 g/t or nearly 9 ounces per tonne of palladium, together with very high grades of platinum and even exceptional levels of the rare PGMs, rhodium, currently at US$9,500 per ounce, osmium, iridium and ruthenium.”

“At Commonwealth, Impact has identified five targets close to the recent Boda-Kaiser discover with potential for porphyry copper-gold mineralisation. We are awaiting assays from rock chip samples to help prioritise follow-up work which will include soil geochemistry surveys and ground geophysics to identify targets that will be drilled after Broken Hill.”