Impact Minerals Ltd Annual Report 2022 13 The Jumbo joint venture project comprises one tenement (E70/5852) covering 360 km2 and is adjacent to Impact’s Arkun project centred about 150 km south east of Perth. The project contains many of the same geological features and extensions of the similar structures as those considered prospective at Arkun and is therefore a natural addition to Impact’s large strategic ground holding in this very under explored part of Western Australia. During the year significant high priority targets for a wide range of battery and strategic metals were identified in new soil geochemistry results from Jumbo. The soil geochemistry survey was limited to one major access road across the project area and samples were taken mostly at about 100 metre spacings at the side of the road over a distance of about 30 kilometres (Figures 2.1 to 2.4). The traverse was designed to get as close as possible to first pass geophysical anomalies identified by Impact’s joint venture partner, Southern Sky Energy Pty Ltd, using its proprietary EPR technology. The results of the soil geochemistry survey (combined with the Arkun soil results) are presented as additive Z scores in Figures 2.1 to 2.4. Figure 2.1: Additive Z scores for Ni-Cu-Pd-Pt-Au across the Jumbo-Arkun project area. Nine priority areas for follow-up work are highlighted including three new ones at Jumbo. Other areas of elevated response are also evident including the Beau target to the north. 2. JUMBO JOINT VENTURE PROJECT (IMPACT 80%) Figure 2.2: Additive Z scores for Li-Cs-Ta across the Jumbo-Arkun project area. Eight priority areas for follow up work are highlighted including two new areas at Jumbo. Other areas of elevated response are also evident throughout the project area which will also require follow-up work. Review of Operations continued
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