8 Impact Minerals Ltd Annual Report 2022 Review of Operations continued Three priority areas, L1 to L3 were described in the ASX Release dated 21st September 2021 (Figure 1.5). There has been no previous exploration for lithium at Arkun. Figure 1.5: Priority Targets for Li-Cs-Ta shown on images of regional magnetic data and regional gravity data (lower image). Top Left: Target L1. Strongly elevated soil geochemistry responses extend over many hundreds of metres of extent along the traverses. The prominent magnetic NW trending magnetic unit is a banded iron formation suggesting much of the area may be a deformed and metamorphosed greenstone belt which are hosts to major lithium deposits in Western Australia. Top Right: Target L2. Moderate soil geochemistry responses occur over several hundred metres in about four places along the traverse. The responses are centred over an ovoid feature in the magnetic data interpreted as a granite intrusion that may represent a parent intrusion to LCT pegmatites. Lower Image: Target L3. Moderate soil responses over a prominent gravity low. The low may be caused by a granite intrusion. Note this is the same traverse as Target N4 (Figure 4).
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