IMPACT MINERALS LIMITED — AGM Information 2021

Nov 29, 2021

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Nickel Copper PGM in
NSW and WA (coming
home!)
Doonia Broken Hill
Arkun
Perth HQ
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Broken Hill Commonwealth

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Impact MInerals Limited AGM 30/11/2021

The Key to Exploration Success: Large Strategic Ground Holdings: Ni-Cu-PGM-Au Ag (Zn-Pb)

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Early stage Gold, Ni-Cu-PGM and LCT Pegmatites

WA Projects (IPT 100% or 80%)

• Doonia, WA: walk up drill target for gold to be drilled Q4 2021.

• Arkun, WA: Large strategic ground holding of 2,000 sq km in the emerging Ni-Cu-PGE Province near Julimar (Chalice Mining NL). Surrounded by Anglo American Corporation

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$18 million joint venture with IGO on emerging high grade Ni-Cu-PGM discovery Broken Hill, New South Wales (IPT 100%)

• Home to the giant Broken Hill silver-lead-zinc deposit (>300 Mt)

• Large strategic ground holding of 815 sq km

• Potential for major nickel-copper-PGM mining camp over a 40 km belt

• Outstanding drill results in 2020 with follow up campaign in 2022

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Other Strategic Holdings Rationalisation of portfolio in progress Commonwealth, NSW (IPT: 100%)

• Home to the giant Cadia copper-gold deposit

• (>40 Moz Au, >10 Mt Cu

• Large strategic ground holding of 700 sq km

• • Potential for VMS deposits like Eskay Creek (4 M oz Au, 180M oz Ag)

• Blackridge, QLD: 150 sq km covering part of >300,000 ounce gold field

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Impact MInerals Limited AGM 30/11/2021

Introducing Impact Minerals (ASX: IPT)

Ca ital Structure p

Listed on ASX	November 2006
Shares on Issue	2,023 million
Options	157M unlisted
Share Price	1.5 c
Market Cap	$30 million
Cash	A$2.2 million

Shareholders

Shareholders
Bunnenberg Family	10%
ABC Beteiligungen	10%
Directors	2.4%
Top 20	43%
Top 50	52%
No of Shareholders	3,700

Share price

Major exploration and commodity boom in progress driven by gold, PGM’s and government larceny

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Impact MInerals Limited AGM 30/11/2021

Broken Hill Project, PGM-Nickel-Copper, New South Wales

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Impact MInerals Limited AGM 30/11/2021

Broken Hill Project Overview

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High grades of all
six PGM’s
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1. Major land position of 815 sq km in one of Australia’s most prolific mining belts

2. High PGM grades including rare PGM’s Rh, Os, Ru and Ir

3. Multiple targets over 25 km for nickel-copperPGM deposits

4. Moorkai: High grade rock chip samples over 9 km trend

5. Platinum Springs: high grade magmatic nickel-copper-PGE sulphide

6. Red Hill: lmpact discovery of very high-grade PGE’s

7. Little Broken Hill: poorly explored intrusion similar to Jinchuan and Voiseys Bay

8. Potential for million ounce PGM discovery with drilling in progress

9. Significant zinc-lead-silver potential

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Impact MInerals Limited AGM 30/11/2021

Major Joint Venture with IGO

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$18 million over 8 years to earn 75%

Stage 1: $6 million to earn 51% Stage 2: a further $12 million to earn 75% $500,000 before withdrawal: funds to be spent on deep penetrating EM surveys

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Impact MInerals Limited AGM 30/11/2021

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Magmatic Ni-Cu-PGM sulphides Moorkai-Platinum Springs[1]

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Platinum Springs

• 0.6 metres at 11.5 g/t platinum, 25.6 g/t palladium, 1.4 g/t gold,

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• 7.6% copper, 7.4% nickel, 44.3 g/t silver, 0.16% cobalt, 1.3 g/t rhodium, 1.7 g/t iridium,

• 2.0 g/t osmium and 0.8 g/t ruthenium from 57.1 metres down hole within

BUT:

How to Focus?

• Richest ore in Australia?

• Southern end of the 9 km Moorkai Trend dripping in PGE’s

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Impact MInerals Limited AGM 30/11/2021

Exploration for PGE’s is DIFFICULT

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They are impossible to see: so-called “ No see ‘um ” zones

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Not detectable by hand held XRF because of high detection limits

Conventionally require laboratory assay leading to excessive delays in progressing the exploration programs

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18 g/t “No see ‘um”

Zone Lac des Iles

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Impact MInerals Limited AGM 30/11/2021

Ratios R Us – A vector to high grade PGMs?[2]

Impact breakthrough geochemical ratio that predicts PGE grade and which can be read with a hand held XRF instrument as drilling progresses

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Laboratory Assay Data
10
g/t
Palladium+ 1 g/t
Platinum+
Gold (3PGE)
Ratio (log scale)
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Impact MInerals Limited AGM 30/11/2021

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Ratio discovers a Cu-Ni-PGE Kambaldastyle Channel at Plat Central[3]

Kambalda Channels

1-7 m thick, 20–100m wide, >1,000 metres long

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Impact MInerals Limited AGM 30/11/2021

Little Broken Hill: Emerging discovery from first ever drill programme[4,5]

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Impact MInerals Limited AGM 30/11/2021

Arkun Project[6 ] Emerging Ni-Cu PGM mineral province of SW Western Australia

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Beau Julimar Newleyine
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Impact MInerals Limited AGM 30/11/2021

Arkun Project[7 ] Ni-Cu-PGM

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N4
N3
N1
N2
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Impact MInerals Limited AGM 30/11/2021

Arkun Project[7 ] LCT Pegmatites

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Beau
L2
L3
L1
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Impact MInerals Limited AGM 30/11/2021

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Doonia[7] Yilgarn Craton, WA

Burns discovery New mineralisation style Cu-Au-Mt

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Impact MInerals Limited AGM 30/11/2021

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Similar geochemistry
and magnetic signal:
buried intrusion with
porphyry plugs.
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Doonia[7] Yilgarn Craton, WA

Walk up drill Target for Q4 2021

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Impact MInerals Limited AGM 30/11/2021

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Next Steps and Strong News Flow

Drilling Q4 2021 Doonia

(IPT 100%)

• First pass RC drilling of soil geochemistry anomaly.

• • Programme of 3,000 metres Arkun, WA (IPT: 100%)

• • Follow up ground work in progress

Drilling in 2022

Broken Hill, NSW (IPT 100%)

• EM Surveys at Platinum Springs, Red Hill and Little Broken Hill Gabbro

• Drill targets to be defined

Portfolio Rationalisation

• Clermont: 1M shares in A8G

• Orange Minerals Ltd $180K cash and $54k

• shares.

• Discussions in progress on various projects

Impact MInerals Limited AGM 30/11/2021

JORC Compliance

ASX Release Date Title of ASX Release

1. 23 February 2016 Very high grade PGM nickel-copper in massive sulphide at Platinum Springs 2. 26 October 2020 Vectoring in at Platinum Springs, Broken Hill, NSW 3. 2 December 2020 High grade Ni-Cu-PGE at Plat Central, Broken Hill 4. 9 July 2020 The gravity of the situation at Little Broken Hill NSW

The information in this presentation relating to Exploration Results has been following reports:extracted from the following reports:

5. 22 December 2020 Rockwell Prospect drilling results 6. 10 June 2020 Expansion of the Arkun Ni-Cu-PGE Project east of Perth

7. 17 November 2020 New gold project in the Eastern Goldfields: Doonia, WA

Impact MInerals Limited AGM 30/11/2021

Disclaimer

What You Should Know

Find out more – This presentation is being used as a presenter’s aid with summarised information. See Impact’s other periodic and continuous disclosure announcements lodged with the Australian Securities Exchange, which are available at www.asx.com.au or www.impactminerals.com.au, for more information.

Third party information – Impact does not make any representations as to the accuracy or otherwise of third party information, including where projections are given.

Forward - looking statements – Within this presentation there may be certain forward-looking statements, opinions and estimates. These are based on assumptions and contingencies which are subject to change without notice and are not guarantees of future performance. Impact assumes no obligation to update such information.

Taking action – Please undertake your own evaluation of the information in this presentation and contact your professional advisers if you wish to buy or sell Impact shares.

Competent Person Statement and JORC Compliance

Exploration Results: The review of exploration activities and results contained in this report is based on information compiled by Dr Mike Jones, a Member of the Australian Institute of Geoscientists. He is a director of the company and works for Impact Minerals Limited. He has sufficient experience which is relevant to the style of mineralisation and types of deposits under consideration and to the activity which he is undertaking to qualify as a Competent Person as defined in the 2012 edition of the Australasian Code for Reporting of Exploration Results, Mineral Resources and Ore Reserves (the JORC Code). Mike Jones has consented to the inclusion in the report of the matters based on his information in the form and context in which it appears.

The ASX Releases referenced below on the Impact Minerals website at www.impactminerals.com.au. The Company confirms that it is not aware of any new information or data that materially affects the information included in the most recent market announcement for each project, and in the case of Mineral Resources and Ore Reserves, that all material assumptions and technical parameters underpinning the estimates in the relevant market announcement continue to apply and have not materially changed. The Company confirms that the form and context un which the Competent Person’s findings are presented have not materially changed from the original market announcement.

Impact MInerals Limited AGM 30/11/2021