8 Impact Minerals Ltd Annual Report 2023 Review of Operations continued MAIDEN MINERAL RESOURCE ESTIMATE A significant, substantial and high‑grade maiden Mineral Resource Estimate (MRE) for Lake Hope was announced to the ASX on (June 19th 2023). The Mineral Resource Estimate is shown in Table 2 and is reported in accordance with the requirements of the JORC Code 2012 by resource consultants H and S Consultants Pty Ltd (H&S) of Brisbane, Queensland. All drill hole information and assay data are provided in the ASX Release dated June 19th 2023. Table 2. Lake Hope Alumina Mineral Resources. The resource estimate is 3.5 million tonne at 25.1% alumina (aluminium oxide, Al2O3) for a contained 880,000 tonnes of alumina. The Mineral Resource, 88% of which is in the higher confidence category of Indicated Resources, is hosted exclusively by the lake clays. The information in this report related to the Mineral Resource for the Lake Hope Project is based on information announced to the ASX on 19th June 2023. The Company confirms that it is unaware of any new information or data that materially affects the information in the relevant market announcement and that all material assumptions and technical parameters underpinning the estimates in the relevant market announcement continue to apply.
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