Impact Minerals Ltd Annual Report 2022 9 Review of Operations continued 1.3 RARE EARTH ELEMENT RESULTS The results for all 15 of the REE are shown as an additive Z scores in Figure 1.6. The REE comprise: lanthanum, cerium, praseodymium, neodymium, promethium, samarium, europium, gadolinium, terbium, dysprosium, holmium, erbium, thulium, ytterbium, and lutetium. It is evident that the central part of the Arkun project area stands out as being strongly anomalous in the REE and six high priority targets and have been identified as warranting follow up work. Numerous other areas of anomalism are also present. Of note is that the targets are generally anomalous in both the light and the more valuable heavy REE (ASX Release 27th October 2021). This is a very exciting outcome for Impact and, also supports the Company’s original contention that the Arkun area is a highly prospective part of the Yilgarn Craton. Three priority areas, R1 to R3 are shown in more detail in Figure 1.8. The soil anomalies all cover extensive areas and occur within larger magnetic granites. Figure 1.6: Additive Z scores for REE across the Arkun project. Note the large areas of anomalism in the central part of the project area. Seven priority areas for follow up work are highlighted. Other areas of elevated response are also evident. R1 R2 R3
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