The Dominican Republic continues to attract interest from the industry with the ongoing activities of
Barrick Gold Corporation (“Barrick”) and Xstrata plc, as well as several junior companies. IMPACT’s
exploration concessions in the Dominican Republic constitute a block covering highly favourable
stratigraphy in the eastern part of the Los Ranchos formation. The area has been tectonically active in the
past with numerous structures which the Company believes offer the opportunity for mineralization. The
Company’s block of concessions is located some 100 kilometers east of Barrick’s large Pueblo Viejo Gold
deposit which contains reported proven and probable gold reserves of over 23.7 million ounces. Pueblo
Viejo is hosted in the same rock formation as IMPACT’s concessions.