| From: LoneClone | 10/14/2010 9:13:28 AM | | | | | | It is remarkable watching IPT trade these days. Every day the pps tries to make a break above $1.23-1.24 and every day it gets slapped down again.
Why the relentless selling? If someone is trying to get out of a large position why not let it get higher before selling in order to make more money? Is someone accumulating shares and capping the price preparatory to a takeover bid? It had better be a good price then!
LC |
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| From: LoneClone | 10/19/2010 6:08:03 PM | | | | | | IMPACT SILVER INTERSECTS 1,045 g/t SILVER ACROSS 1m AT GOLONDRINAS PROJECT AREA, MEXICO
10:24 EDT Tuesday, October 19, 2010
globeinvestor.com
IMPACT Silver Corp ("IMPACT") is pleased to announce results from the first 12 drill holes of the first phase drill program for the Golondrinas Project area in the 623-square-kilometer Royal Mines of Zacualpan Silver District of Mexico. Significant intersections include 2,120 g/t Ag across 0.46 meters (Drill Hole Z10-22) and 289.5 g/t Ag across 4.45 meters (Drill Hole Z10-15). The Golondrinas Project area is located three kilometers southeast of IMPACT's 500-tonne-per-day Guadalupe processing plant with very good road infrastructure. This drilling is part of a previously announced 5,000 m Golondrinas-Chontalpan-Cuchara (GCC) Sector drill program (see IMPACT news release dated July 27, 2010).
Significant results of the first 12 exploratory holes at Golondrinas on four target areas are summarized below:
SUMMARY OF FIRST TWELVE DRILL HOLES FROM GOLONDRINAS FIRST PHASE DRILL PROGRAM
DRILL VEIN DRILL FROM TO INTERVAL SILVER GOLD LEAD ZINC
HOLE NAME SECTION (m) (m) (m) (g/t) (g/t) (%) (%)
Z10-11 GOLONDRINAS L 07 + 50 N 101.25 102.08 0.83 78.2 0.047 0.723 6.09
Z10-14 EL COLORIN II L 08 + 00 N 127.97 129.47 1.50 759.2 0.061 1.16 4.37
which includes
Z10-14 EL COLORIN II L 08 + 00 N 127.97 129 1.03 1,045.0 0.080 1.51 5.59
Z10-15 LA BLANCA L 08 + 50 N 61.0 65.45 4.45 289.5 0.075 0.54 1.47
which includes
Z10-15 LA BLANCA L 08 + 50 N 63.5 64.25 0.75 848.0 0.350 2.88 7.12
Z10-17 LA OBRA I L 08 + 50 N 172.6 173.3 0.70 312.0 0.010 0.13 0.33
and
Z10-17 LA OBRA II L 08 + 50 N 179.95 181.00 1.05 271.0 0.010 0.04 0.15
Z10-20 LA OBRA I L 09 + 50 N 48.4 56.55 8.15 172.4 0.020 0.19 0.55
which includes
Z10-20 LA OBRA I L 09 + 50 N 52.27 56.55 4.28 224.9 0.025 0.23 0.61
Z10-22 LA OBRA I L 10 + 00 N 107.67 108.13 0.46 2120.0 0.030 0.97 1.17
and
Z10-22 LA OBRA II L 10 + 00 N 111.30 112.35 1.05 114.00 0.050 0.28 0.53
and
Z10-22 GOLONDRINAS L 10 + 00 N 143.64 144.32 0.68 657.0 0.060 0.409 0.807
These first 12 holes for the Golondrinas Area intersected five different closely spaced veins (Golondrinas, La Obra I, La Obra II, La Blanca and El Colorin II) that have silver-lead-zinc intersections of interest. An additional seven drill holes have been completed at Golondrinas; assays are pending and additional drilling is planned once assays for all holes have been received and interpreted. Additional background information and technical details specific to the Golondrinas Project Area were provided when drilling commenced (see IMPACT news release dated August 19, 2010).
Based upon the encouraging assays IMPACT received from the Chontalpan first phase of drilling from both the Loma Larga and Chontalpan Mine-Northwest target areas (see IMPACT news release dated September 15, 2010), it was decided to immediately move the drill back to the Chontalpan Project area (located 2 kilometers east of Golondrinas) in order to commence a second phase of drilling with the purpose of expanding the previously encountered mineralization in both areas and build tonnage for possible mining. The first hole for this second phase program will be located 50 meters northwest of Drill Hole Z10-10, where 402.6 g/t silver over 2.14 meters was drilled during the first phase in the Loma Larga area. The objective is to extend the strike length of the mineralization to the northwest along the Chontalpan Vein System. It is the intention of IMPACT to return to the Golondrinas area upon completion of the Chontalpan second phase drilling.
Brian Hall, P. Geo. and Nigel Hulme, P. Geo., Qualified Persons under the meaning of Canadian National Instrument 43?101, are responsible for the technical content of this news release.
IMPACT Silver Corp. is a profitable silver-focused mining and exploration company operating in Mexico with a producing silver operation at the 623-square-kilometer Royal Mines of Zacualpan District, the adjacent 200-square-kilometer advanced Mamatla Mineral District and a portfolio of projects with an operational processing plant at Zacatecas. Additional information including a drill map of the Chontalpan Project Area can be found on the Company website at www.IMPACTSilver.com .
On behalf of the Directors of IMPACT Silver Corp.
"Frederick W. Davidson"
President & CEO
For further information, please contact:
Sunny Pannu, Investor Relations
604 681 0172 or via email at inquiries@impactsilver.com
The TSX Venture Exchange does not accept responsibility for the adequacy or accuracy of this news release.
1100-543 Granville Street Telephone 604 681 0172
Vancouver, BC Canada V6C 1X8 Facsimile 604 681 6813
www.IMPACTSilver.com inquiries@IMPACTSilver.com |
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| To: LoneClone who wrote (122) | 10/19/2010 6:10:31 PM | | From: LoneClone | | | | This is a very sick stock. When a low float producing silver miner can get any traction at all when the POS goes nuts, there is something very wrong.
LC |
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| From: LoneClone | 11/1/2010 2:52:21 PM | | | | | | IMPACT Silver Provides Update On Capire Mine Development Project In The Mamatla Mineral District
Mon Nov 1, 12:34 PM
ca.news.finance.yahoo.com
IMPACT Silver Corp. (“IMPACT” or “the Company”) is pleased to provide an update on the Capire Mine Development Project at Mamatla. The project is located 16 kilometers southwest of the Company’s current mining and processing operations in the 423-square-kilometer Royal Mines of Zacualpan Silver District, Mexico.
The Capire Project is in the mine planning and economic assessment stage. Initial plans are to first install a 200-tonne-per-day (“tpd”) pilot plant and starter open pit. This pilot plant operation is designed to test metallurgical recoveries on a significant scale, provide detailed information on mining costs and optimize mining and processing methods toward planning for a larger operation. The Company previously purchased a semi-portable 200-tpd plant (see IMPACT news release dated January 29, 2008), which is presently in storage at the Zacualpan operations site and will contribute to minimizing start up costs. The starter open pit will be excavated on the western portion of the Capire Zone to access near surface high grade silver-zinc-lead-copper-gold VMS mineralization. The orientation and shallow depth of the mineralization favours open pit mining for much of the zone.
IMPACT has acquired surface rights for all mining areas and the processing plant site at Capire. The permitting process for the operations has been initiated. Condemnation drilling under the plant site and tailings area is planned for the first quarter of 2011.
The initial NI 43-101 compliant Measured and Indicated Mineral Resources at Capire delineated 4.33 million tonnes containing 7.2 million ounces silver, 94.3 million pounds zinc and 38.8 million pounds lead (see IMPACT news release dated November 19, 2009). An updated Mineral Resource estimate is now being prepared and will incorporate the results of Phase 2 drilling (53 holes) completed in late 2009 and 2010 and beyond the previously-delineated mineral resource blocks. Summary of the results from the Phase 2 drill program holes can be found in the Company’s news releases dated March 17, 2010 and May 25, 2010. The Capire Project previously comprised the Capire and Aurora 1 Zones; drilling between these two zones has now demonstrated that they are the part of the same deposit now referred to as simply the Capire Zone. The zone remains open for further expansion to the north, east and south. The Company is developing plans for an aggressive drill program (minimum 20,000 meters) to determine the expansion potential of the Capire zone and test a number of other targets identified in the surrounding area.
The Capire Zone occurs in the same stratigraphy as the Campo Morado VMS District, where Farallon Resources Ltd. (TSE: FAN.TW) is in production on the G-9 VMS deposit (5.57 million tonnes grading 7.3% zinc, 1.0% lead, 1.3% copper, 186 g/t silver and 2.8g/t gold). The G-9 VMS deposit is located along trend, 45 kilometers southwest of Capire.
The Mamatla VMS district represents an opportunity that upon successful completion of the proposed exploration and development programs would propel IMPACT to become a multi-million ounce silver producer.
George Gorzynski, P. Eng., a Qualified Person under the meaning of Canadian National Instrument 43-101, is responsible for the technical content of this news release.
IMPACT Silver Corp. is a profitable silver-focused mining and exploration company operating in Mexico with a producing silver operation at the 623-km2 Royal Mines of Zacualpan and the adjacent advanced Mamatla Mineral District, plus a portfolio of projects with an operational processing plant at Zacatecas. Additional information including a maps and models of IMPACT’s projects can be found on the Company’s website at www.IMPACTSilver.com.
On behalf of the Directors of IMPACT Silver Corp.,
“Frederick W. Davidson”
President & CEO
For further information, please contact:
Sunny Pannu, Investor Relations
(604) 681 0172 or via email at inquiries@impactsilver.com
The TSX Venture Exchange does not accept responsibility for the adequacy or accuracy of this news release. Some statements in this news release contain forward-looking information. These statements include, but are not limited to, statements with respect to proposed activities, work programs and future expenditures. These statements address future events and conditions and, as such, involve known and unknown risks, uncertainties and other factors which may cause the actual results, performance or achievements to be materially different from any future results, performance or achievements expressed or implied by the statements. Such factors include, among others, the effects of general economic conditions, the price of commodities, changing foreign exchange rates, actions by government authorities, title matters, environmental matters, reliance on key personnel, the ability for operational and other reasons to complete proposed activities and work programs, the need for additional financing and the timing and amount of expenditures. IMPACT does not assume the obligation to update any forward-looking statement.
1100-543 Granville Street Telephone 604 681 0172
Vancouver, BC Canada V6C 1X8 Facsimile 604 681 6813
www.IMPACTSilver.com inquiries@IMPACTSilver.com |
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| To: Sleepman who wrote (125) | 11/1/2010 7:56:21 PM | | From: LoneClone | | | | It is completely inexplicable to me unless someone is deliberately holding the price down to facilitate a creeping takeover.
Hello World!!!!
Impact is actually making money thanks to $24+ silver, $1+ sinc, $1+ lead, and $3.50+ copper.
I have almost bailed several times but assumed it would immediately take off after I sold. IPT should be at least $2 by now.
Slowlane, haven't you visited their mines in the past? Do you have any ins with management to ask them their thoughts as to the lagging share price? Geez, even a total dog like ECU is outperforming IPT!
LC |
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| To: shakes who wrote (127) | 11/5/2010 1:00:04 PM | | From: LoneClone | | | | It looks like the pps has finally broken out, though once again someone is trying to sell it down. What I would really like to know is who has been determinedly selling to cap the price. I almost phoned management to ask their opinion, and I dislike phoning management of companies I invest in, as I try to avoid sales pitches.
LC |
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