Impact Minerals has succesfully completed a bulk sampling program at its Blackridge gold project, about 30km north of Clermont in Central Queensland.

A total of 14 samples were taken for about 160 tonnes, the company said.

A water processing plant set up on site performed exceptionally well, with the free digging conglomerate separating easily in the trommel and sluice.

Panned concentrates from the bulk samples have been sent for assay with results expected within a few weeks.

Impact has recently completed the sale of all of its shares in Pacton Gold for total net proceeds of $423,000.

The shares were part of the sale of Impact’s Pilbara gold holdings, as announced to the ASX in May 2018, earning it a total of $763,000 in cash and shares.