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🚀 Impact Minerals Releases Interim Financial Report – Progress Accelerates at Lake Hope HPA Project with $2.87M Grant & Exploration Upside 💼⚒️
Impact Minerals Ltd (ASX: IPT) has released its Interim Financial Report, highlighting continued progress across its critical minerals portfolio—headlined by key milestones at the Lake Hope High Purity Alumina (HPA) Project in Western Australia, alongside ongoing exploration for nickel, copper, gold and PGM across priority tenements.
💸 Key Highlights from the Interim Report:
✅ Strong progress towards earning an 80% interest in Lake Hope HPA Project ✅ Maiden Measured Resource: 730,000t @ 25.8% Al₂O₃ – supports an initial 15-year mine life ✅ $2.87 million Federal Government Grant secured for pilot plant development (with CPC Engineering & Edith Cowan University) ✅ Mining Lease and Miscellaneous Licence applications lodged ✅ Kwinana selected for 10,000tpa HPA Process Plant – strategic location with capex/opex efficiencies ✅ Low-Temperature Leach process confirmed as preferred pathway for scalable HPA production
📌 Strategic and Operational Updates:
✅ Land Access & Cultural Heritage agreement signed with Ngadju people ✅ Testwork progressing on HPA and by-products, with marketing and offtake discussions underway ✅ New Marketing Manager appointed to lead customer and industry engagement ✅ Experimental hydrated alumina product showing potential in flame retardants and catalysts
🧭 Exploration Projects:
Arkun Nickel-Copper-PGM Project (WA) → Expanded soil sampling & drill targeting at Caligula and Beau prospects → $180,000 WA Government EIS co-funding secured → Drilling planned for Q1/Q2 2025
Commonwealth Base Metals Project (NSW) → Burrendong Minerals IPO launched; IPT shareholders entitled to $2 million in priority allocation
📊 Financial Snapshot:
→ Net assets: $12.54 million (as at 31 Dec 2024) → Cash and equivalents: $1.2 million
🌍 Investor Outlook:
Impact’s interim results reflect prudent cost management, strong government support, and ongoing technical advancements at Lake Hope—reinforcing the Company’s strategy to become a key supplier of High Purity Alumina, while leveraging exploration upside in battery and critical metals. Upcoming catalysts including reserve definition, pilot plant development and drilling programs offer potential for significant value uplift.
Current Share Price: $0.0070 (ASX: IPT)
🔗 Read the full Interim Financial Report: https://impactminerals.com.au/announcements/6861327
⚠️ This is not investment advice. Please do your own research before making any investment decisions.
#ImpactMinerals#ASXIPT#InterimFinancialReport#HighPurityAlumina#CriticalMinerals#BatteryMaterials#NickelExploration#CopperExploration#PGM#GreenTechnology#CleanEnergy#Kwinana#WAResources#SustainableInvesting#RareEarthElements#ASXUpdate#MiningNews#InvestorUpdate#FederalGrant#MineralExploration#SmallCapASX
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📢 CAPRICE RESOURCES LTD (ASX: CRS) Delivers Strategic Half-Year Growth & Exploration Momentum ⚒📈
Caprice Resources Ltd (ASX: CRS) has delivered a milestone half-year marked by exploration progress, leadership expansion, and strategic project acquisitions — reinforcing its commitment to unlocking value across Western Australia's most prospective gold, copper, and niobium regions.

🔍 Principal Activities:
The Group’s core focus remains on mineral exploration and evaluation, maintaining strong momentum throughout the reporting period.
📌 Review of Operations Highlights:
• 🔁 Roger Mason appointed as Non-Executive Director, following the resignation of Philip Re
• 👨💼 Luke Cox appointed CEO on 22 July 2024
• 🏞 Acquisition of Bantam Project (90% interest) in West Arunta (E80/5873, E80/5915, E80/5872, E80/5896)
• 🤝 Binding agreement with Rio Tinto Exploration to acquire tenement E80/5486
• 🎯 Strategic portfolio review to prioritise Murchison Gold and West Arunta copper-gold-niobium projects
• 💸 Second tranche of $1.584M placement completed, raising $0.579M before costs (13 Aug 2024)
• 🎁 15M incentive options issued to Directors, 8M performance rights awarded to CEO
• ✅ First tranche of $2.5M placement raised $1.754M before costs
💼 Financial Snapshot (H1 FY2025):
• 💵 Expenses aligned with growth initiatives and expanded exploration programs
• 💰 Cash balance strengthened to $1.72M (up from $885k as of 30 June 2024)
📈 Post-Reporting Period Highlights:
• ✔ $746k raised (Second tranche of placement – Jan 2025)
• 💥 $1.55M raised via early option exercises, supporting Island Gold drilling expansion
• 🎯 CEO granted additional 8M performance rights & 1M options under incentive plan
• 💳 $1M deferred payment completed for Bantam Project tenements (26 Feb 2025)
• 📤 9M facilitation shares issued for Bantam acquisition (28 Feb 2025)
📝 “Caprice Resources continues to strengthen its portfolio and leadership to drive long-term value for shareholders,” said Chairperson Glenn Whiddon in a report dated 14 March 2025.
📍Read More: https://api.investi.com.au/api/announcements/crs/0248ea58-9c1.pdf
⚠ This update is based on the official Interim Consolidated Financial Report. Not investment advice—please do your own research.
#CapriceResources #ASXCRS #MineralExploration #InterimFinancialReport #GoldExploration #CopperExploration #NiobiumProjects #WestArunta #MurchisonGold #ASXUpdate #LeadershipUpdate #CapitalRaising #CorporateMilestones #RioTintoDeal #AustralianMining #StrategicGrowth #DrillingProgram #JuniorExplorers #InvestorNews #CleanEnergyMetals #ExplorationSuccess
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