Announcement PDF Three rolls of the dice for a World Class Discovery in 2021 Doonia Arkun Broken Hill Commonwealth Perth HQ Company Presentation: Explorers Conference February 2021 The Key to Exploration Success: Large Strategic Ground Holdings Porphyry copper-gold target Drilling in Q1 2021 Emerging high grade Ni-Cu-PGM discovery Other Strategic Holdings Commonwealth, NSW (IPT: 100%) Broken Hill, New South Wales (IPT 100%) Other Projects (IPT 100%) • Home to the giant Cadia copper-gold deposit (>40 Moz Au, >10 Mt Cu • Home to the giant Broken Hill silver-lead-zinc deposit (>300 Mt) • Large strategic ground holding of 700 sq km • Large strategic ground holding of 815 sq km • Major copper-gold target close to the Boda discovery to be drilled Q1 2021 • Potential for major nickel-copper-PGM mining camp over a 40 km belt • Potential for VMS deposits like Eskay Creek (4 M oz Au, 180M oz Ag) • Outstanding drill results in 2020 with foll up campaign in Q1-Q2 2021 Impact Minerals | Explorers RIU Feb 2021 3 • Arkun, WA: Large strategic ground holding of 2,000 sq km in the emerging Ni-Cu-PGE Province near Julimar (Chalice MiningNL). Surrounded by Anglo American Corporation • Doonia, WA: walk up drill target for gold. • Blackridge, QLD: 150 sq km covering part of >300,000 ounce gold field Introducing Impact Minerals (ASX: IPT) Capital Structure Shareholders Listed on ASX November 2006 Bunnenberg Family 11% Shares on Issue 1,778 million ABC Beteiligungen 11% Options 153M unlisted Executive Directors 3% Share Price 2.0 c Top 20 43% Market Cap $36 million Top 50 52% Cash A$2.5 million No of Shareholders 3,500 12 month Share price Major exploration and commodity boom in progress driven by gold, PGM’s and government larceny Impact Minerals | Explorers RIU Feb 2021 4 Commonwealth Project, Lachlan Fold Belt, NSW Impact Minerals | Explorers RIU Feb 2021 5 Boda Porphyry Cu-Au Discovery: No porphyry. Yet. Five priority prospects Boda Cross-section Years to discovery! 50 Impact Minerals | Presentation Title here Impact Ground (red) Prospects (green) 6 Apsley: Core Au Cu Pt Pd Apsley Zn-Pb-Mn Zinc doughnuts at Apsley 9 year deficit Copper at surface: no drilling Impact Minerals | Explorers RIU Feb 2021 Wafi-Golpu, PNG Outstanding IP Results! 7 Text Book Patterns1 The Jam? IP Results: On the Charge!2 Impact Minerals | Presentation Title here 8 Magnetics: pulling it all together Impact Minerals | Presentation Title here 9 Broken Hill Project, PGMNickel-Copper, New South Wales Impact Minerals | Explorers RIU Feb 2021 10 High grades of all six PGM’s 1. Major land position of 815 sq km in one of Australia’s most prolific mining belts 2. High PGM grades including rare PGM’s Rh, Os, Ru and Ir 3. Multiple targets over 25 km for nickel-copperPGM deposits • Moorkai: High grade rock chip samples over 9 km trend • Platinum Springs: high grade magmatic nickelcopper-PGE sulphide • Red Hill: lmpact discovery of very high-grade PGE’s Broken Hill Project Overview • Little Broken Hill: poorly explored intrusion similar to Jinchuan and Voiseys Bay 4. Potential for million ounce PGM discovery with drilling in progress 5. Significant zinc-lead-silver potential Impact Minerals | Explorers RIU Feb 2021 11 Magmatic Ni-Cu-PGM sulphides Moorkai-Platinum Springs3 Platinum Springs • 0.6 metres at 11.5 g/t platinum, 25.6 g/t palladium, 1.4 g/t gold, 7.6% copper, 7.4% nickel and 44.3 g/t silver from 57.1 metres down hole within • Richest ore in Australia? • Southern end of the 9 km Moorkai Trend dripping in PGE’s Impact Minerals | Explorers RIU Feb 2021 12 BUT: How to Focus? Exploration for PGE’s is DIFFICULT They are impossible to see: socalled “No see ‘um” zones 18 g/t “No see ‘um” Zone Lac des Iles Not detectable by hand held XRF because of high detection limits Conventionally require laboratory assay leading to excessive delays in progressing the exploration programs Impact Minerals | Explorers RIU Feb 2021 13 Laboratory Assay Data Ratios R Us – A vector to high grade PGMs?4 Impact breakthrough geochemical ratio that predicts PGE grade and which can be read with a hand held XRF instrument as drilling progresses 10 g/t Palladium+ Platinum+ Gold (3PGE) 1 g/t Ratio (log scale) Impact Minerals | Explorers RIU Feb 2021 14 Ratio has allowed drill rig to be directed during the programme4 Plat Central Platinum Springs East Channel First coherent zone of mineralization in 40 years of exploration! Impact Minerals | Explorers RIU Feb 2021 Drilling in progress 15 Kambalda Channels 1-7 m thick, 20–100m wide, >1,000 metres long Ratio discovers a Cu-Ni-PGE Kambalda-style Channel at Plat Central5 Impact Minerals | Explorers RIU Feb 2021 16 Little Broken Hill: Similar size and age to Jinchuan. Drilling in progress6 820 Ma Right Place at the right time Impact Minerals | Explorers RIU Feb 2021 17 Little Broken Hill: Emerging discovery from first ever drill programme7 Impact Minerals | Explorers RIU Feb 2021 18 Other Projects: Arkun8 and Doonia9, Yilgarn Craton, WA Walk up drill Target for 2021 Impact Minerals | Explorers RIU Feb 2021 19 2021 Vision: Next Steps and Strong News Flow Drilling in Q1 2021 Drilling in Q1-Q2 2021 Commonwealth, NSW (IPT: 100%) Broken Hill, NSW (IPT 100%) • Major porphyry copper-gold target identified in soil geochemistry and IP surveys at Apsley • Follow up drilling at Platinum Springs, Red Hill and Little Broken Hill Gabbro • 5,000 m RC drill programme to start in Q1 2021 Impact Minerals | Explorers RIU Feb 2021 • Programme of 10,000 metres RC and diamond drilling 20 Target Generation Drilling Q3-4 Other Projects (IPT 100%) • Arkun and Doonia: JORC Compliance ASX Release Date Title of ASX Release 1. 10 August 2020 Throwing the porphyry copper-gold text book at Apsley 2. 15 February 2021 On the Charge at Apsley The information in this 3. 23 February 2016 Very high grade PGM nickel-copper in massive sulphide at Platinum Springs presentation relating to 4. 26 October 2020 Vectoring in at Platinum Springs, Broken Hill, NSW Exploration Results has Thebeen information infrom this presentation relating to Exploration Resultsathas 5. 2 December 2020 High grade Ni-Cu-PGE Plat been Central,extracted Broken Hill from the following extracted reports: the following reports: 6. 9 July 2020 The gravity of the situation at Little Broken Hill NSW Impact Minerals | Presentation Title here 7. 22 December 2020 Rockwell Prospect drilling results 8. 10 June 2020 Expansion of the Arkun Ni-Cu-PGE Project east of Perth 9. 17 November 2020 New gold project in the Eastern Goldfields: Doonia, WA 21 Disclaimer What You Should Know Find out more – This presentation is being used as a presenter’s aid with summarised information. See Impact’s other periodic and continuous disclosure announcements lodged with the Australian Securities Exchange, which are available at www.asx.com.au or www.impactminerals.com.au, for more information. Third party information – Impact does not make any representations as to the accuracy or otherwise of third party information, including where projections are given. Forward-looking statements – Within this presentation there may be certain forward-looking statements, opinions and estimates. These are based on assumptions and contingencies which are subject to change without notice and are not guarantees of future performance. Impact assumes no obligation to update such information. Taking action – Please undertake your own evaluation of the information in this presentation and contact your professional advisers if you wish to buy or sell Impact shares. Impact Minerals | Presentation Title here 22 Competent Person Statement and JORC Compliance Exploration Results: The review of exploration activities and results contained in this report is based on information compiled by Dr Mike Jones, a Member of the Australian Institute of Geoscientists. He is a director of the company and works for Impact Minerals Limited. He has sufficient experience which is relevant to the style of mineralisation and types of deposits under consideration and to the activity which he is undertaking to qualify as a Competent Person as defined in the 2012 edition of the Australasian Code for Reporting of Exploration Results, Mineral Resources and Ore Reserves (the JORC Code). Mike Jones has consented to the inclusion in the report of the matters based on his information in the form and context in which it appears. The ASX Releases referenced below on on the Impact Minerals website at www.impactminerals.com.au. The Company confirms that it is not aware of any new information or data that materially affects the information included in the most recent market announcement for each project, and in the case of Mineral Resources and Ore Reserves, that all material assumptions and technical parameters underpinning the estimates in the relevant market announcement continue to apply and have not materially changed. The Company confirms that the form and context un which the Competent Person’s findings are presented have not materially changed from the original market announcement.