Impact Minerals Limited Annual Report 2022

6 Impact Minerals Ltd Annual Report 2022 N2 N1 N3 N4 Figure 1.3: Priority Targets for Ni-Cu-PGM-Au shown on images of regional gravity data and regional magnetic data (bottom right). Top left: Target N1. Strongly elevated soil geochemistry responses extend over an area of at least 600 metres by 300 metres and occurring close to a significant gravity high (warmer colours). Top right: Target N2. Multiple moderate to strongly elevated soil geochemistry responses extend over several line kilometres with about six areas of interest within the one target identified and all coincident with a broad gravity high. Bottom Left: Target N3. Moderate soil responses over about 1,000 metres are coincident with a moderate gravity high. Bottom Right: Target N4. Moderate soil responses coincident with the western edge of a magnetic low (cooler colours). The magnetic low may represent a mafic intrusion with elevated nickel-copper-PGM at its base on the western side. Review of Operations continued Four priority areas, N1 to N4 were described in the ASX Release dated 21st September 2021 and are shown in (Figure 1.3). The soil anomalies all cover extensive areas and are coincident with either gravity highs or magnetic lows which together may represent mafic-ultramafic intrusions that are potential hosts for nickel-copper-PGM sulphide mineralisation.

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