In this episode we have a returning guest who appeared twice before in Nov 2019, (episode 51) and in April 2023 (episode 327). Mike Jones, Managing Director at Impact Minerals Limited, an exploration company listed on the ASX with four extensive tenement holdings within Australia, featuring significant potential for high-grade mineral deposits of gold, silver, lead, zinc, copper and nickel.

A graduate from the Royal School of mines, Mike is a very experienced geologist across Australia and in particular WA working on over 80 projects both in greenfields and near mine exploration in a wide variety of mineralised terrains during his career and he gives us an update the progress on the company, results of the scoping study and metallurgical test results and an update on the Western Australian mining industry.

KEY TAKEAWAYS

Impact Minerals is focused on the development of the Lake Hope project, a high purity alumina project in Western Australia.
The pre-feasibility study for the Lake Hope project is underway, with the aim of bringing the project into production in the next couple of years.
The project has the potential to be a world-class deposit, with a significant supply deficit of high purity alumina expected by 2026.
Impact Minerals is also actively exploring its Arkan project, which has shown significant anomalies for nickel, copper, PGE, gold, and rare earths.
The Australian mining industry has seen a downturn in certain commodities like lithium and nickel, but there are opportunities in gold and uranium. Financing for junior miners has been challenging, but there has been a recent flurry of activity in the market.

BEST MOMENTS

"It's always been my opinion that doing a small scale mine is a waste of time. It's a bit like that old quote, you know, it's not worth getting out of bed in the morning for less than 100 or 150,000 ounces of gold a year."

"We're now in the process of putting a mine, hopefully, into production over the next couple of years and being on the track to development."

"We believe that we can produce material much cheaper than anyone else. And that's a very good place to be in bulk commodities."

"We've got a significant copper only anomaly coming out very shortly as well. And we will be pushing forward with that project as well."

"The resources sector has just been a bit of a malaise over the last six months. Unfortunately, it's not getting any better at the moment because lithium and nickel are just completely in the doldrums."

VALUABLE RESOURCES

Mail: rob@mining-international.org

LinkedIn: https://www.linkedin.com/in/rob-tyson-3a26a68/

X: https://twitter.com/MiningRobTyson
YouTube: https://www.youtube.com/c/DigDeepTheMiningPodcast

Web: http://www.mining-international.org

https://www.impactminerals.com.au/site/content/

https://www.linkedin.com/in/mike-jones-48831615/

https://www.linkedin.com/company/impact-minerals-limited/

ABOUT THE HOST

Rob Tyson is the Founder and Director of Mining International Ltd, a leading global recruitment and headhunting consultancy based in the UK specialising in all areas of mining across the globe from first-world to third-world countries from Africa, Europe, the Middle East, Asia, and Australia. We source, headhunt, and discover new and top talent through a targeted approach and search methodology and have a proven track record in sourcing and positioning exceptional candidates into our clients' organisations in any mining discipline or level. Mining International provides a transparent, informative, and trusted consultancy service to our candidates and clients to help them develop their careers and business goals and objectives in this ever-changing marketplace.

CONTACT METHOD

rob@mining-international.org

https://www.linkedin.com/in/rob-tyson-3a26a68/

Podcast Description

Rob Tyson is an established recruiter in the mining and quarrying sector and decided to produce the “Dig Deep” The Mining Podcast to provide valuable and informative content around the mining industry. He has a passion and desire to promote the industry and the podcast aims to offer the mining community an insight into people’s experiences and careers covering any mining discipline, giving the listeners helpful advice and guidance on industry topics.

From LinkedIn Discovery to World-Class Deposit: The Journey of Impact Minerals 28:21 Share

Dig Deep – The Mining Podcast Podcast

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From LinkedIn Discovery to World-Class Deposit: The Journey of Impact Minerals