Impact Minerals Limited Annual Report 2022

Impact Minerals Ltd Annual Report 2022 11 1.5 DISCUSSION AND NEXT STEPS The results of Impact’s first ever soil geochemistry programme at Arkun have outlined a significant number of areas for follow up work for a wide range of commodities: nickel-copper-PGM; lithium LCT pegmatites; REE and rubidium. Follow-up field checking and sampling will continue with the aim of prioritising areas for more detailed soil geochemistry and ground geophysical surveys that will extend away from the roads and into the surrounding paddocks. In order to explore in the paddocks, land access agreements will be required with the relevant land owners and this process has commenced. Agreements with about 30 landholders have been signed or are in progress. Figure 1.8: Priority Targets for REE shown on images of regional magnetic data. Strongly elevated soil geochemistry responses extend over distances of many hundreds of metres and are mainly associated with the magnetic units with larger granite bodies. Review of Operations continued R1 R2 R3 R2 R1

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