Australia's Impact Minerals rises on gold deposit land acquisition

Impact Minerals

23/01/2026 01:03

** Shares of Australia's Impact Minerals IPT.AX rise as much as 4.3% to A$0.073, their biggest intraday pct gain in a week

** The mineral explorer says it will acquire 55 square km gold deposit area in New South Wales

** Deal totals A$150,000 ($102,645) in co's shares and cash

** Co says land package has potential copper and copper-gold deposits

** Stock up 1.4% so far this week, set for its sixth consecutive weekly gain, if current trend holds

** IPT stock lost 43.9% in 2025, but up 37.7% YTD

        ($1 = 1.4613 Australian dollars)

 (Reporting by Aamir Sheik Khalid in Bengaluru)

 ((Aamir.SheikKhalid@thomsonreuters.com))