Impact Minerals Limited (ASX:IPT) is making significant progress with its High Purity Alumina project at Lake Hope in Western Australia. The company recently announced that the Pre-Feasibility Studies are on track, with positive results from flora and fauna studies indicating no Threatened or Priority species in the area.
Here are some key highlights from the recent update:
– Baseline environmental surveys have confirmed the absence of Threatened or Priority species around the Lake Hope salt pan.
– Although a few protected species were identified near the proposed site logistics, they are not expected to impact mine planning significantly.
– The surveys, combined with previous Heritage Clearance by the Ngadju Aboriginal group, will support the Mining Lease application and guide environmental and Aboriginal Cultural Heritage management plans.
– Indigenous Services Australia (ISA) has been appointed to establish a long-term relationship with the Ngadju group and assist in negotiations for access agreements and cultural heritage management plans.
– David English, a seasoned Feasibility Study manager with a successful track record, has been appointed to lead the Pre-Feasibility Study at Lake Hope.
– Metallurgical test work is ongoing, and the Pre-Feasibility Study is scheduled for completion by Q4 2024.
– Drill results from neighboring lakes are also being interpreted to further enhance project understanding.
Impact’s Managing Director, Dr. Mike Jones, expressed optimism about the project’s environmental impact, emphasizing the minimal disturbance expected due to the shallow nature of the mining activity at Lake Hope. The company’s collaboration with Indigenous Services Australia underscores its commitment to responsible and sustainable resource development.
The appointment of David English and the progress in metallurgical test work indicate a focused effort to advance the project efficiently. The upcoming completion of the Pre-Feasibility Study marks a crucial milestone in the project timeline.
The overall outlook for Impact Minerals Limited’s High Purity Alumina project at Lake Hope is promising, with a strategic approach to environmental management and stakeholder engagement. As the company continues to make strides in its development, stakeholders can look forward to further updates on the project’s progress.
For more detailed information, you can access the full ASX Release [here](https://cdn-api.markitdigital.com/apiman-gateway/ASX/asx-research/1.0/file/2924-02806576-6A1207435).
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This blog post contains information from Impact Minerals and does not constitute financial product advice. Readers are advised to conduct their own due diligence before making any investment decisions. Please refer to our full disclaimer for more information.