New Discovery at Silica Hill

Impact Minerals (ASX: IPT) has announced a significant new discovery at the Silica Hill prospect within the Commonwealth Gold–Silver Project in New South Wales. High-grade precious and base metals assays from recent drilling include bonanza grades of up to 2% Silver (20,603 g/t) and 27 g/t Gold. The results confirm visual estimates of mineralization and follow on from previous high-grade findings at the Commonwealth deposit. The drill program was funded by Kuniko Limited (ASX: KNI) as part of an Earn-In and Joint Venture Agreement. Investors are encouraged to review Kuniko's full report for detailed assay results. Notable results include the discovery of bonanza-grade silver-gold mineralization in hole CMKNI004, indicating a significant expansion of the mineralized system at Silica Hill. The mineralization is open in all directions, presenting promising opportunities for further exploration. For a detailed breakdown of high-grade intercepts, refer to CMKNI004 (Hole 4) in the attached report. Investors are invited to ask any questions they may have about this exciting update.