Impact Minerals Limited Annual Report 2022

20 Impact Minerals Ltd Annual Report 2022 At Silverstar, a 25 metre thick (true width) shear zone containing high-temperature alteration minerals with extensive potassium and silica alteration was intersected and which includes a zone up to 20 cm thick with minor disseminated chalcopyrite-pyrrhotite mineralisation in places. In addition, one narrow zone of deformed quartz veins about 25 cm thick was intersected at 190 metres down hole which contains up to 5% molybdenite together with anomalous bismuth values. (Figure 4.3). Figure 4.3: Large “slugs” of grey-blue molybdenite in a zone of fractured quartz veins with associated biotite (dark brown) and chlorite (green). Review of Operations continued The Company emphasises that these estimates are based on visual observations only and that chemical assays will be required to determine the absolute amounts of any metals present. Final assays were being interpreted at the time of this report. All of this is encouraging and follow work including drilling may be required. Soil geochemistry surveys over several other targets was also completed. The results of this work are awaited.

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