| From: LoneClone | 12/3/2024 2:01:33 PM | | | | | | Impact Silver Intersects 16.60% Zinc over 2.5m and 27.50% Zinc over 1.1m at the Plomosas Mine
newsfilecorp.com
December 03, 2024 11:51 AM EST | Source: IMPACT Silver Corp.
Vancouver, British Columbia--(Newsfile Corp. - December 3, 2024) - IMPACT Silver Corp. (TSXV: IPT) (OTCQB: ISVLF) (FSE: IKL) ("IMPACT" or the "Company") is pleased to announce further results from an ongoing drill program on the Tres Amigos Zone at its Plomosas zinc (-lead-silver) Mine in northern Mexico.
HIGHLIGHTS
- Recent surface drill results tested extensions of the Tres Amigos Zone including:
- Drill hole TASC-24-039 intersected a wide interval averaging 8.86% zinc, 2.65% lead and 12 g/t silver over 5.6m true width including a high-grade section grading 27.50% zinc, 3.43% lead and 19 g/t silver over 1.1 metres true width.
- Drill hole TASC-24-040 intersected 16.60% zinc, 8.04% lead and 35 g/t silver over 2.5 metres true width.
- Drill hole TASC-24-038 intersected 14.95% zinc, 0.72% lead and 16 g/t silver over 2.3 metres true width.
- The Tres Amigos Zone remains open for exploration and drilling is continuing.
Highlights of recent drilling at Tres Amigos are as follows:
TABLE 1: PLOMOSAS DRILL RESULTS - TRES AMIGOS ZONE
| | Hole No. | From
(metres) | To
(metres) | Interval
(metres) | Estimated True Width
(metres) | Zinc
(%) | Lead
(%) | Silver
(g/t) | | TASC-24-037 | 197.40 | 197.70 | 0.30 | 0.2 | 9.21 | 9.21 | 22 | | TASC-24-038 | 198.30 | 201.10 | 2.80 | 2.3 | 14.95 | 0.72 | 16 | | And | 228.25 | 228.95 | 0.70 | 0.6 | 14.35 | 13.85 | 54 | | TASC-24-039 | 205.20 | 212.60 | 7.40 | 5.6 | 8.86 | 2.65 | 12 | | Including | 206.70 | 209.60 | 2.90 | 2.2 | 18.47 | 4.33 | 20 | | Including | 206.70 | 208.10 | 1.40 | 1.1 | 27.50 | 3.43 | 19 | | TASC-24-040 | 214.60 | 217.60 | 3.00 | 2.5 | 16.60 | 8.04 | 35 | | And | 232.40 | 234.20 | 1.80 | 1.5 | 7.51 | 4.37 | 23 | | TASC-24-042 | 206.80 | 207.28 | 0.48 | 0.3 | 11.25 | 7.36 | 30 | | TASC-24-046 | 208.75 | 209.40 | 0.65 | 0.6 | 12.25 | 5.55 | 32 |
True width estimates are interpreted from current geological models. All these Tres Amigos area drill holes are beyond the current active mining area and lie outside the JORC mineral resource published by the previous operator (see IMPACT news release dated April 3, 2023 for details) except for TASC-24-37 which was an infill hole in the mine area. Other recent holes drilled on the extension of the Tres Amigos Zone mining area intersected low grades. Tres Amigos area mineralization remains open for exploration and drilling is continuing.
CEO STATEMENT
President and CEO Frederick Davidson commented, "We are pleased with these new high-grade drill intersections on extensions of the Tres Amigos Zone adding mineralization for ongoing mining. We now have two drills testing extensions of near mine targets and plans to carry out exploration drilling on other targets along the under-explored six kilometre trend next year. On the production side, we continue to ramp up operations with the aim to reach mill capacity in Q1/2025."
PLOMOSAS MINE GEOLOGY AND MINERALIZATION
The Plomosas mine, a historic high-grade zinc producer in northern Mexico (Figure 1), was acquired last year by the Company. Recent drill programs have been undertaken in the Tres Amigos area on extensions of active mine areas and nearby in the new Juarez Mine area. Mineralization at the Plomosas mine occurs as zinc-rich Carbonate Replacement zones along certain horizons of the local sedimentary rock sequence. Two main mineralized horizons have provided the bulk of historic production, the Mina Vieja (Tres Amigos) marble and the Juarez limestone, where structural ground preparation along these two units resulted in concentrations of zinc, lead and silver (Figure 2).
ABOUT IMPACT SILVER
IMPACT Silver Corp. (TSXV: IPT) is a successful producer-explorer with two mining projects in Mexico.
- Royal Mines of Zacualpan Silver-Gold District: IMPACT owns 100% of the 211 km2 Zacualpan project in central Mexico where four producing underground silver mines and one open pit mine feed the central 500 tpd Guadalupe processing plant. To the south, the Capire Project includes a 200 tpd processing pilot plant adjacent to an open pit silver mine with an NI?43-101 inferred mineral resource of over 4.5?million ozs silver, 48 million lbs zinc and 21 million lbs lead (see IMPACT news release dated January 18, 2016, for details and QP statement). Company engineers are reviewing Capire for a potential restart of operations to leverage improving commodity prices. Over the past 18 years, IMPACT has developed multiple exploration zones into commercial production and has produced over 13 million ounces of silver, generating revenue of more than $277 million, with no long-term debt.
- Plomosas Zinc-Lead-Silver District: Plomosas is a high-grade zinc producer in northern Mexico with exceptional exploration upside potential. The Company recently restarted mining operations and is ramping up production toward design capacity levels. Exploration potential at Plomosas is exceptional where only 10% of the 6 km-long structure have seen modern exploration. This is in addition to other exploration targets on the 3,019-hectare property including untested copper-gold targets with indications of high-grade material from surface. Regionally, Plomosas lies in the same mineral belt as some of the largest carbonate replacement deposits in the world.
Quality Control/Quality Assurance
Samples reported in this news release were analyzed by ALS Group, an internationally recognized analytical services provider. Samples analyzed by ALS used a multielement ICP package for base metals and silver. Assays for base metals >1% used an overlimit ICP method. Certified Reference Materials and internal control samples are added to the sample stream at regular intervals to track accuracy of assays.
Qualified Person and NI 43-101 Disclosure
Jose Antonio Olmedo, P.Geol., a Director of IMPACT Silver Corp and a "Qualified Person" within the meaning of NI 43-101, has approved the technical information in this news release.
Additional information about IMPACT and its operations can be found on the Company website at www.IMPACTSilver.com. Follow us on X (formerly Twitter) @IMPACT_Silver and LinkedIn at https://api.newsfilecorp.com/redirect/QOWebU2kPN
On behalf of IMPACT Silver Corp.
"Frederick W. Davidson"
President & CEO
For more information, please contact:
Jerry Huang
CFO | Investor Relations
O: (604) 681 0172 or inquiries@impactsilver.com
C: (778) 887 6489 Direct
Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.
Forward-Looking and Cautionary Statements
This IMPACT News Release may contain certain "forward-looking" statements and information relating to IMPACT that is based on the beliefs of IMPACT management, as well as assumptions made by and information currently available to IMPACT management. Forward-looking information is often, but not always, identified by the use of words such as "seek", "anticipate", "plan", "continue", "planned", "expect", "project", "predict", "potential", "targeting", "intends", "believe", "potential", and similar expressions, or describes a "goal", or variation of such words and phrases or state that certain actions, events or results "may", "should", "could", "would", "might" or "will" be taken, occur or be achieved. Such statements include, but are not limited to, statements regarding interpretation of drill results, activity at the projects and estimated timing thereof, the potential for defining and extending the known mineralization, exploration potential on the properties, and plans for drilling and future operations at the Company's projects or plans for financing.
Such forward-looking information involves known and unknown risks and assumptions, including with respect to, without limitation, exploration and development risks, expenditure and financing requirements, title matters, operating hazards, criminal activity, metal prices, political and economic factors, community relations, competitive factors, general economic conditions, relationships with vendors and strategic partners, governmental regulation and supervision, seasonality, technological change, industry practices, pandemics and one-time events. Should any one or more risks or uncertainties materialize or change, or should any underlying assumptions prove incorrect, actual results and forward-looking statements may vary materially from those described herein. IMPACT does not assume the obligation to update any forward-looking statement or beliefs, opinions, projections or other factors, except as required by law.
The Company's decision to place a mine into production, expand a mine, make other production related decisions or otherwise carry out mining and processing operations, is largely based on internal non-public Company data and reports based on exploration, development and mining work by the Company's geologists and engineers. The results of this work are evident in the discovery and building of multiple mines for the Company at Zacualpan and in the track record of mineral production and financial returns of the Company since 2006. Under NI 43-101, the Company is required to disclose that it has not based its production decisions on NI 43-101 mineral resources or reserve estimates, preliminary economic assessments or feasibility studies, and historically such projects have increased uncertainty and risk of failure.
303-543 Granville Street Telephone 604 664-7707
Vancouver, BC, Canada V6C 1X8
www.impactsilver.com
X (Twitter)
LinkedIn
Figure 1: Location map of Plomosas Mine and nearby mines and infrastructure. References to nearby projects are for information purposes only and there are no assurances that Plomosas will achieve similar results.
To view an enhanced version of this graphic, please visit:
images.newsfilecorp.com
Figure 2: Schematic cross section of Plomosas Mine geology and mineralization.
To view an enhanced version of this graphic, please visit:
images.newsfilecorp.com
 SOURCE: IMPACT Silver Corp. |
| | IMPACT Silver (IPT.V) | Stock Discussion ForumsShare | RecommendKeepReplyMark as Last Read |
|
| From: LoneClone | 1/16/2025 2:05:32 PM | | | | | | Impact Silver Intersects 14.13% Zinc over 2.2m Including 26.06% Zinc over 0.9m at the Plomosas Mine
newsfilecorp.com
January 16, 2025 10:50 AM EST | Source: IMPACT Silver Corp.
Vancouver, British Columbia--(Newsfile Corp. - January 16, 2025) - IMPACT Silver Corp. (TSXV: IPT) (OTCQB: ISVLF) (FSE: X9X) ("IMPACT" or the "Company") is pleased to announce further results from an ongoing drill program in the Juarez Mine area of its Plomosas zinc (-lead-silver) Mine in northern Mexico.
HIGHLIGHTS
- Recent underground drill results in the Juarez Mine area include:
- Drill hole UGMJ-2420 intersected a high-grade interval grading 14.13% zinc, 1.59% lead and 12 g/t silver over 2.2 metres true width including a very high-grade section grading 26.06% zinc, 3.02% lead and 23 g/t silver over 0.9 metres true width.
- Drill hole UGMJ-2415 intersected a very high-grade interval of 30.1% zinc over 1.2 metres true width.
- Drill hole UGMJ-2422 intersected a very high-grade interval of 30.1% zinc over 1.1 metres true width.
- The Juarez Mine Zone remains open for exploration and drilling is continuing.
Highlights of drill intersections from the Juarez Mine area are as follows:
TABLE 1: PLOMOSAS DRILL RESULTS - JUAREZ MINE AREA
| Hole No. | From (metres) | To (metres) | Interval (metres) | Estimated True Width (metres) | Zinc (%) | Lead (%) | Silver (g/t) | | UGMJ-2410 | 30.50 | 43.95 | 13.45 | 1.7 | 6.26 | 2.63 | 11 | | Including | 30.50 | 33.75 | 3.25 | 0.4 | 15.94 | 6.81 | 26 | | UGMJ-2415 | 34.05 | 35.75 | 1.70 | 1.2 | 30.10 | 2.66 | 19 | | And | 65.00 | 66.77 | 1.77 | 0.4 | 18.91 | 0.08 | 13 | | And | 78.68 | 80.18 | 1.50 | 1.2 | 10.25 | 5.43 | 26 | | UGMJ-2417 | 76.95 | 80.90 | 3.95 | 1.0 | 16.08 | 0.07 | 10 | | Including | 76.95 | 78.25 | 1.30 | 0.3 | 24.30 | 0.07 | 11 | | UGMJ-2420 | 33.50 | 43.75 | 10.25 | 2.2 | 14.13 | 1.59 | 12 | | Including | 35.00 | 39.25 | 4.25 | 0.9 | 26.06 | 3.02 | 23 | | UGMJ-2421 | 23.55 | 24.42 | 0.87 | 0.6 | 17.65 | 8.95 | 25 | | UGMJ-2422 | 21.78 | 23.35 | 1.57 | 1.1 | 30.10 | 10.15 | 40 |
True width estimates are interpreted from current geological models. The Juarez Mine area lies stratigraphically below the Mina Vieja (Tres Amigos Mine) horizon and a separate access to this nearby area is now being developed from the historic Juarez Mine adit at surface (see Figure 2). Other holes in the Juarez Mine area intersected lower grades or narrower intervals. All these Juarez Mine area drill holes lie outside the JORC mineral resource blocks published by the previous operator (see IMPACT news release dated April 3, 2023 for details). Juarez Mine area mineralization remains open for exploration in all directions and drilling is continuing.
CEO STATEMENT
President and CEO Frederick Davidson commented, "We are encouraged with the great results from the Juarez Mine area which represents a second mineralized horizon open in all directions for mining and exploration. This is located close to the Tres Amigos Zone where we are currently mining and our mining team has already begun underground development work from the historic Juarez Mine adit at surface to begin mining there. On the production side, we continue to ramp up operations with the aim to reach mill design capacity in H1/2025."
PLOMOSAS MINE GEOLOGY AND MINERALIZATION
The Plomosas mine, a historic high-grade zinc producer in northern Mexico (Figure 1), was acquired last year by the Company. Recent drill programs have been undertaken in the Tres Amigos area on extensions of active mine areas and nearby in the Juarez Mine area. Mineralization at the Plomosas mine occurs as zinc-rich Carbonate Replacement zones along certain horizons of the local sedimentary rock sequence. Two main mineralized horizons have provided the bulk of historic production, the Mina Vieja (Tres Amigos) marble and the Juarez limestone, where structural ground preparation along these two units resulted in concentrations of zinc, lead and silver (Figure 2).
ABOUT IMPACT SILVER
IMPACT Silver Corp. (TSXV: IPT) is a successful producer-explorer with two mining projects in Mexico.
- Royal Mines of Zacualpan Silver-Gold District: IMPACT owns 100% of the 211 km2 Zacualpan project in central Mexico where four producing underground silver mines and one open pit mine feed the central 500 tpd Guadalupe processing plant. To the south, the Capire Project includes a 200 tpd processing pilot plant adjacent to an open pit silver mine with an NI?43-101 inferred mineral resource of over 4.5?million ozs silver, 48 million lbs zinc and 21 million lbs lead (see IMPACT news release dated January 18, 2016, for details and QP statement). Company engineers are reviewing Capire for a potential restart of operations to leverage improving commodity prices. Over the past 18 years, IMPACT has developed multiple exploration zones into commercial production and has produced over 13 million ounces of silver, generating revenue of more than $277 million, with no long-term debt.
- Plomosas Zinc-Lead-Silver District: Plomosas is a high-grade zinc producer in northern Mexico with exceptional exploration upside potential. The Company recently restarted mining operations and is ramping up production toward design capacity levels. Exploration potential at Plomosas is exceptional along the 6 km-long structure. This is in addition to other exploration targets on the 3,019-hectare property including untested copper-gold targets with indications of high-grade material at surface. Regionally, Plomosas lies in the same mineral belt as some of the largest carbonate replacement deposits in the world.
Quality Control/Quality Assurance
Samples reported in this news release were analyzed by ALS Group, an internationally recognized analytical services provider. Samples analyzed by ALS used a multielement ICP package for base metals and silver. Assays for base metals >1% used an overlimit ICP method. Certified Reference Materials and internal control samples are added to the sample stream at regular intervals to track accuracy of assays.
Qualified Person and NI 43-101 Disclosure
Jose Antonio Olmedo, P.Geol., a Director of IMPACT Silver Corp., is a "Qualified Person" within the meaning of NI 43-101 and has approved the technical information contained in this news release.
Additional information about IMPACT and its operations can be found on the Company website at www.IMPACTSilver.com. Follow us on X (formerly Twitter) @IMPACT_Silver and LinkedIn at https://api.newsfilecorp.com/redirect/85PB5i3mp2
On behalf of IMPACT Silver Corp.
"Frederick W. Davidson"
President & CEO
For more information, please contact:
Jerry Huang
CFO | Investor Relations
O: (604) 681 0172 or inquiries@impactsilver.com
C: (778) 887 6489 Direct
Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.
Forward-Looking and Cautionary Statements
This IMPACT News Release may contain certain "forward-looking" statements and information relating to IMPACT that is based on the beliefs of IMPACT management, as well as assumptions made by and information currently available to IMPACT management. Forward-looking information is often, but not always, identified by the use of words such as "seek", "anticipate", "plan", "continue", "planned", "expect", "project", "predict", "potential", "targeting", "intends", "believe", "potential", and similar expressions, or describes a "goal", or variation of such words and phrases or state that certain actions, events or results "may", "should", "could", "would", "might" or "will" be taken, occur or be achieved. Such statements include, but are not limited to, statements regarding interpretation of drill results, activity at the projects and estimated timing thereof, the potential for defining and extending the known mineralization, exploration potential on the properties, and plans for drilling and future operations at the Company's projects or plans for financing.
Such forward-looking information involves known and unknown risks and assumptions, including with respect to, without limitation, exploration and development risks, expenditure and financing requirements, title matters, operating hazards, criminal activity, metal prices, political and economic factors, community relations, competitive factors, general economic conditions, relationships with vendors and strategic partners, governmental regulation and supervision, seasonality, technological change, industry practices, pandemics and one-time events. Should any one or more risks or uncertainties materialize or change, or should any underlying assumptions prove incorrect, actual results and forward-looking statements may vary materially from those described herein. IMPACT does not assume the obligation to update any forward-looking statement or beliefs, opinions, projections or other factors, except as required by law.
The Company's decision to place a mine into production, expand a mine, make other production related decisions or otherwise carry out mining and processing operations, is largely based on internal non-public Company data and reports based on exploration, development and mining work by the Company's geologists and engineers. The results of this work are evident in the discovery and building of multiple mines for the Company at Zacualpan and in the track record of mineral production and financial returns of the Company since 2006. Under NI 43-101, the Company is required to disclose that it has not based its production decisions on NI 43-101 mineral resources or reserve estimates, preliminary economic assessments or feasibility studies, and historically such projects have increased uncertainty and risk of failure.
303-543 Granville Street Telephone 604 664-7707
Vancouver, BC, Canada V6C 1X8
www.impactsilver.com
X (Twitter)
LinkedIn
Figure 1: Location map of Plomosas Mine and nearby mines and infrastructure. References to nearby projects are for information purposes only and there are no assurances that Plomosas will achieve similar results.
To view an enhanced version of this graphic, please visit:
images.newsfilecorp.com
Figure 2: Schematic cross section of the Juarez Mine geology and mineralization.
To view an enhanced version of this graphic, please visit:
images.newsfilecorp.com
 SOURCE: IMPACT Silver Corp. |
| | IMPACT Silver (IPT.V) | Stock Discussion ForumsShare | RecommendKeepReplyMark as Last Read |
|
| From: LoneClone | 2/11/2025 12:59:06 PM | | | | | | IMPACT Silver Intersects 597 g/t Silver over 2.77m and 1,460 g/t Silver over 0.55m on Kena Discovery at Guadalupe Mine
newsfilecorp.com
February 11, 2025 10:44 AM EST | Source: IMPACT Silver Corp.
Vancouver, British Columbia--(Newsfile Corp. - February 11, 2025) - IMPACT Silver Corp. (TSXV: IPT) (OTCQB: ISVLF) (FSE: IKL) ("IMPACT" or the "Company") is pleased to announce further drill results from the new Kena Vein South discovery in its producing Guadalupe silver mine in the Royal Mines of Zacualpan Silver-Gold District, Mexico.
KENA VEIN SOUTH UNDERGROUND DRILL RESULTS
Underground drilling from Level 140 of the Guadalupe Mine intersected further significant mineralization on the south extension of the recently discovered Kena Vein South, within 100-200 metres of active mine workings. New assays received include the following:
TABLE 1: NEW KENA VEIN SOUTH DRILL RESULTS - GUADALUPE MINE
| Hole No. | From (metres) | To (metres) | Interval (metres) | Silver (g/t) | Gold (g/t) | Lead (%) | Zinc (%) | | MPZ-UG-005-24 | 213.08 | 215.85 | 2.77 | 597.0 | 1.15 | 0.79 | 0.61 | | And | 261.20 | 261.55 | 0.35 | 338.0 | 0.87 | 0.38 | 1.68 | | And | 270.95 | 271.50 | 0.55 | 1,460.0 | 0.04 | 0.27 | 0.72 | | And | 278.40 | 279.75 | 1.35 | 298.0 | 0.03 | 0.13 | 0.04 | | MPZ-UG-006-24 | 290.00 | 293.70 | 3.70 | 195.3 | 0.05 | 0.19 | 0.47 | | Including | 292.80 | 293.70 | 0.90 | 611.0 | 0.17 | 0.60 | 1.34 | | MPZ-UG-007-24 | 207.00 | 207.75 | 0.75 | 519.0 | 0.54 | 0.20 | 0.39 |
True widths are interpreted to be 85-100% of drill intervals. Drill results reported in this news release were infill holes on the Kena Vein South to fill a gap in previously reported drilling in preparation for mining (see Table 2 and Figure 1). These results include nearby parallel and splay veins. Additional drilling is planned, surface trenching and sampling of the vein has been completed (assays pending), and new underground access to the Kena Vein South is close to completion to begin mining. The Company intends to continue to maintain a broad exploration program in 2025 and expects to update the market with additional drill results in the coming months.
CEO STATEMENT
President and CEO Fred Davidson commented, "We are pleased with these additional excellent drill results from the recently discovered Kena Vein South which has now been drilled over 150 metres length and remains open for further drilling. The close proximity of the new vein to current active mine workings has allowed for rapid and low cost mine development. Our mining team is close to completing a new underground access to the vein and it is expected that the first mineral will be mined from Kena South this month. These results are a testament to the Company's ongoing, aggressive exploration program targeting primarily high-grade silver as well as significant gold, lead and zinc values."
KENA VEIN SOUTH DRILL RESULTS TO DATE
The Kena Vein South has now been drill tested over a length of 150 metres from mine Level 140 and is open for extension to the southeast, updip and downdip. Table 2 below is a compilation of drill results from the zone to date and Figure 1 is a map of drill hole locations:
TABLE 2: TOTAL KENA VEIN SOUTH DRILL RESULTS TO DATE - GUADALUPE MINE
| Hole No. | From (metres) | To (metres) | Interval (metres) | Silver (g/t) | Gold (g/t) | Lead (%) | Zinc (%) | | MPZ-UG-009-23 | 193.95 | 194.25 | 0.30 | 675.0 | 0.00 | 0.16 | 1.24 | | MPZ-UG-010-23 | 232.50 | 233.80 | 1.30 | 232.0 | 0.09 | 0.10 | 0.16 | | And | 236.00 | 239.40 | 3.40 | 190.7 | 0.34 | 1.43 | 2.99 | | Including | 238.50 | 239.40 | 0.90 | 361.0 | 0.41 | 2.32 | 5.07 | | MPZ-UG-011-23 | 221.10 | 247.65 | 26.55 | 168.5 | 0.04 | 0.12 | 0.31 | | Including | 221.10 | 236.85 | 15.75 | 226.5 | 0.05 | 0.15 | 0.36 | | Including | 221.10 | 222.75 | 1.65 | 1,005.0 | 0.21 | 0.72 | 1.10 | | Including | 229.40 | 231.05 | 1.65 | 348.4 | 0.05 | 0.17 | 0.59 | | Including | 235.30 | 236.85 | 1.55 | 407.0 | 0.06 | 0.17 | 0.76 | | MPZ-UG01-24 | 79.45 | 81.10 | 1.65 | 377.9 | 0.40 | 0.27 | 0.42 | | And | 178.10 | 178.85 | 0.75 | 1,400.0 | 0.39 | 0.90 | 2.09 | | And | 206.70 | 224.00 | 17.30 | 213.8 | 0.02 | 0.15 | 0.25 | | Including | 206.70 | 210.60 | 3.90 | 357.7 | 0.03 | 0.18 | 0.41 | | And | 231.80 | 232.10 | 0.30 | 782.0 | 0.06 | 0.13 | 0.29 | | MPZ-UG03-24 | 241.62 | 242.40 | 0.78 | 463.0 | 0.09 | 0.63 | 1.23 | | And | 254.00 | 255.20 | 1.20 | 198.0 | 1.99 | 3.31 | 5.93 | | MPZ-UG-004-24 | 179.50 | 179.90 | 0.40 | 1,450.0 | 0.65 | 2.16 | 3.05 | | And | 263.00 | 263.70 | 0.70 | 1,615.0 | 0.58 | 1.83 | 6.05 | | MPZ-UG-005-24 | 213.08 | 215.85 | 2.77 | 597.0 | 1.15 | 0.79 | 0.61 | | And | 261.20 | 261.55 | 0.35 | 338.0 | 0.87 | 0.38 | 1.68 | | And | 270.95 | 271.50 | 0.55 | 1,460.0 | 0.04 | 0.27 | 0.72 | | And | 278.40 | 279.75 | 1.35 | 298.0 | 0.03 | 0.13 | 0.04 | | MPZ-UG-006-24 | 290.00 | 293.70 | 3.70 | 195.3 | 0.05 | 0.19 | 0.47 | | Including | 292.80 | 293.70 | 0.90 | 611.0 | 0.17 | 0.60 | 1.34 | | MPZ-UG-007-24 | 207.00 | 207.75 | 0.75 | 519.0 | 0.54 | 0.20 | 0.39 |
True widths are interpreted to be 85-100% of drill intervals. These results include nearby parallel and splay veins.
ABOUT IMPACT SILVER
IMPACT Silver Corp. (TSXV: IPT) is a successful producer-explorer with two mining projects in Mexico.
- Royal Mines of Zacualpan Silver-Gold District: IMPACT owns 100% of the 211 km2 Zacualpan project in central Mexico where four underground silver mines and one open pit mine feed the central 500 tpd Guadalupe processing plant. To the south, the Capire Project includes a 200 tpd processing pilot plant adjacent to an open pit silver mine with an NI 43-101 inferred mineral resource of over 4.5 million oz silver, 48 million lbs zinc and 21 million lbs lead (see IMPACT news release dated January 18, 2016 for details and QP statement). Company personnel are reviewing Capire for a potential restart of operations. Over the past 18 years, IMPACT has placed multiple zones into commercial production and produced over 13 million ounces of silver, generating revenues over $261 million, with no long-term debt.
- Plomosas Zinc-Lead-Silver District: Plomosas is a high-grade zinc producer in northern Mexico with exceptional exploration upside potential. The Company recently restarted mining operations and is ramping up production toward design capacity levels. Exploration potential at Plomosas is exceptional along a 6 km-long structure with a number of historic mines and mineral prospects. This is in addition to other exploration targets on the 3,019-hectare property including untested copper-gold targets with indications of high-grade material from surface. Regionally, Plomosas lies in the same mineral belt as some of the largest carbonate replacement deposits in the world.
Quality Control/Quality Assurance
Samples reported in this news release were analyzed by ALS Group, an internationally recognized analytical services provider, using a multielement ICP package for silver and base metals, and fire assay and AAS for gold. Assays for base metals >1% resorted to an overlimit method. Certified Reference Materials and internal control samples are added to the sample stream at regular intervals to monitor assay quality control.
Qualified Person and NI 43-101 Disclosure
Silvia Kohler, P.Geo. is a "Qualified Person" within the meaning of NI 43-101 and has approved the technical information contained in this news release.
Additional information about IMPACT and its operations can be found on the Company website at www.IMPACTSilver.com. Follow us on X (formerly Twitter) @IMPACT_Silver and LinkedIn at https://api.newsfilecorp.com/redirect/EyEOpI8ELQ
On behalf of IMPACT Silver Corp.
"Frederick W. Davidson"
President & CEO
For more information, please contact:
Jerry Huang
CFO | Investor Relations
O: (604) 681 0172 or inquiries@impactsilver.com
C: (778) 887 6489 Direct
Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.
Forward-Looking and Cautionary Statements
This IMPACT News Release may contain certain "forward-looking" statements and information relating to IMPACT that is based on the beliefs of IMPACT management, as well as assumptions made by and information currently available to IMPACT management. Forward-looking information is often, but not always, identified by the use of words such as "seek", "anticipate", "plan", "continue", "planned", "expect", "project", "predict", "potential", "targeting", "intends", "believe", "potential", and similar expressions, or describes a "goal", or variation of such words and phrases or state that certain actions, events or results "may", "should", "could", "would", "might" or "will" be taken, occur or be achieved. Such statements include, but are not limited to, statements regarding interpretation of drill results, activity at the projects and estimated timing thereof, the potential for defining and extending the known mineralization, exploration potential on the properties, and plans for drilling and future operations at the Company's projects or plans for financing.
Such forward-looking information involves known and unknown risks and assumptions, including with respect to, without limitation, exploration and development risks, expenditure and financing requirements, title matters, operating hazards, criminal activity, metal prices, political and economic factors, competitive factors, general economic conditions, relationships with vendors, strategic partners and local communities, governmental regulation and supervision, seasonality, technological change, industry practices, pandemics and one-time events. Should any one or more risks or uncertainties materialize or change, or should any underlying assumptions prove incorrect, actual results and forward-looking statements may vary materially from those described herein. IMPACT does not assume the obligation to update any forward-looking statement or beliefs, opinions, projections or other factors, except as required by law.
The Company's decision to place a mine into production, expand a mine, make other production related decisions or otherwise carry out mining and processing operations, is largely based on internal non-public Company data and reports based on exploration, development and mining work by the Company's technical personnel. The results of this work are evident in the discovery and building of multiple mines for the Company at Zacualpan and in the track record of mineral production and financial returns of the Company since 2006. Under NI 43-101, the Company is required to disclose that it has not based its production decisions on NI 43-101 mineral resources or reserve estimates, preliminary economic assessments or feasibility studies, and historically such projects have increased uncertainty and risk of failure.
303-543 Granville Street Telephone 604 664-7707
Vancouver, BC, Canada V6C 1X8
www.impactsilver.com
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LinkedIn
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 SOURCE: IMPACT Silver Corp. |
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| From: LoneClone | 4/16/2025 12:09:49 PM | | | | | | Impact Silver Announces $3.5 Million Non-Brokered Financing with a Lead Order from Strategics Trafigura Pte Ltd. and Palisades Goldcorp Ltd.
newsfilecorp.com
April 15, 2025 6:47 PM EDT | Source: IMPACT Silver Corp.
Vancouver, British Columbia--(Newsfile Corp. - April 15, 2025) - IMPACT Silver Corp. (TSXV: IPT) (OTCQB: ISVLF) (FSE: IKL) ("IMPACT" or the "Company") is pleased to announce a non-brokered private placement of $3.5 million of the Company (the "Units") with lead orders from strategic investors, Trafigura PTE LTD. ("Trafigura") and Palisades Goldcorp Ltd. ("Palisades"). The non-brokered private placement will consist of a LIFE offering for $1.75 million, which is being fully allocated to Trafigura, and a standard private placement for $1.75 million, of which Palisades is participating for $1.1 million.
Trafigura is a major supplier of vital resources, including non-ferrous and precious metals, as a market leader in the global commodities industry. Trafigura was founded in 1993 and is active in more than 150 countries.
Palisades is a publicly-listed investment company focused on the junior resource space. With a strong balance sheet and an experience management team, Palisades provides investors with highly levered exposure to junior resource equities. Palisades is listed on the TSX Venture Exchange under the stock symbol PALI and holds a diversified portfolio of securities and derivatives.
Fred Davidson, President and CEO of IMPACT Silver states "We are pleased to welcome two notable institutional investors into IMPACT Silver. Trafigura has collaborated with IMPACT for many years and this investment signifies their commitment to long-term support with us both at Guadalupe, Plomosas, and beyond. With Palisades Goldcorp, they have been instrumental in building multiple hundred-million-dollar-midcap gold companies and we are pleased to have them participating in this financing."
The financing will be under the (LIFE) of National Instrument 45-106, Prospectus Exemptions, and other private placement exemptions under NI 45-106. The LIFE portion of the Offering is referred to in this news release as the "LIFE Offering". The Company intends to raise gross proceeds of up to $1,750,000 from the sale of up to 8,750,000 units (the "LIFE Units") at a price of $0.20 per LIFE Unit, and up to $1,750,000 from the sale of up to 9,722,222 standard private placement units (the "Standard PP Units") at $0.18 per Standard PP Unit. Each LIFE Unit will consist of one common share of the Company and one half common share purchase warrant (each whole such warrant, a "Warrant"), with each Warrant entitling the holder thereof to acquire one common share of the Company (a "Warrant Share") at a price of $0.26 per Warrant Share for a period of 24 months from its date of issue. Each Standard PP Unit will consist of one common share of the Company and one full Warrant, with each Warrant entitling the holder thereof to acquire one Warrant Share at a price of $0.24 per Warrant Share for a period of 36 months from its date of issue.
The Company intends to use the proceeds from the Offering to accelerate exploration activity at its Plomosas high-grade zinc-lead-silver property located in Chihuahua, Mexico, further develop its prolific silver assets at its legacy Royal Mines of Zacualpan district, as well as invest in operational improvements to improve productivity and throughput as the price of silver nears 52-week highs. Exploration activities include sampling, target definition, and drilling with the intention of expanding the existing JORC mineral resource at Plomosas, where only 600m of the 6-kilometre-long structure has been tested. The region is known for hosting some of the largest carbonate replacement deposits in the world. As such, the Company intends to allocate a portion of the proceeds to continue development and grow production at the Plomosas high-grade zinc deposit as zinc prices continue to outperform on the back of forecasted supply deficits.
Subject to compliance with applicable regulatory requirements and in accordance with National Instrument 45-106 - Prospectus Exemptions, the LIFE Offering is being made pursuant to the listed issuer financing exemption under Part 5A of NI 45-106 (the "Listed Issuer Financing Exemption"). The securities offered under the Listed Issuer Financing Exemption will not be subject to a hold period in accordance with applicable Canadian securities laws. There is an offering document (the "Offering Document") related to the LIFE Offering that can be accessed under the Company's profile at www.sedarplus.ca and on the Company's website at www.impactsilver.com. Prospective investors should read this Offering Document before making an investment decision.
The Offering is scheduled to close on or about the week of May 15, 2025 and is subject to certain conditions including, but not limited to, the receipt of all necessary approvals including the approval of the TSX Venture Exchange (the "Exchange"). The Company may pay finder's fees or commissions on a portion of the Offering, subject to compliance with the policies of the Exchange and applicable securities legislation. All common shares and Warrants issued as part of the Standard PP Units will bear a hold period of four months and one day from the date of issuance.
ABOUT IMPACT SILVER
IMPACT Silver Corp. (TSXV:IPT) is a successful producer-explorer with two mining projects in Mexico.
- Royal Mines of Zacualpan Silver-Gold District: IMPACT owns 100% of the 211 km2 Zacualpan project in central Mexico where four producing underground silver mines and one open pit mine feed the central 500 tpd Guadalupe processing plant. To the south, the Capire Project includes a 200 tpd processing pilot plant adjacent to an open pit silver mine with an NI?43-101 inferred mineral resource of over 4.5?million ozs silver, 48 million lbs zinc and 21 million lbs lead (see IMPACT news release dated January 18, 2016, for details and QP statement). Company engineers are reviewing Capire for a potential restart of operations to leverage improving commodity prices. Over the past 18 years, IMPACT has developed multiple exploration zones into commercial production and has produced over 13 million ounces of silver, generating revenue of more than $277 million, with no long-term debt.
- Plomosas Zinc-Lead-Silver District: Plomosas is a high-grade zinc producer in northern Mexico with exceptional exploration upside potential. The Company recently restarted mining operations and is ramping up production toward design capacity levels. Exploration potential at Plomosas is exceptional along the 6 km-long structure. This is in addition to other exploration targets on the 3,019-hectare property including untested copper-gold targets with indications of high-grade material at surface. Regionally, Plomosas lies in the same mineral belt as some of the largest carbonate replacement deposits in the world.
Qualified Person and NI 43-101 Disclosure
George Gorzynski, P.Eng., a Director of IMPACT Silver Corp., is a "Qualified Person" within the meaning of NI 43-101 and has approved the technical information contained in this news release.
Additional information about IMPACT and its operations can be found on the Company website at www.IMPACTSilver.com. Follow us on X (formerly Twitter) @IMPACT_Silver and LinkedIn at https://api.newsfilecorp.com/redirect/Jgqm1sObn2.
On behalf of IMPACT Silver Corp.
"Frederick W. Davidson"
President & CEO
For more information, please contact:
Jerry Huang
CFO | Investor Relations
O: (604) 681 0172 or inquiries@impactsilver.com
C: (778) 867 7909 Direct
Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.
Forward-Looking and Cautionary Statements
This IMPACT News Release may contain certain "forward-looking" statements and information relating to IMPACT that is based on the beliefs of IMPACT management, as well as assumptions made by and information currently available to IMPACT management. Forward-looking information is often, but not always, identified by the use of words such as "seek", "anticipate", "plan", "continue", "planned", "expect", "project", "predict", "potential", "targeting", "intends", "believe", "potential", and similar expressions, or describes a "goal", or variation of such words and phrases or state that certain actions, events or results "may", "should", "could", "would", "might" or "will" be taken, occur or be achieved. Such statements include, but are not limited to, statements regarding interpretation of drill results, activity at the projects and estimated timing thereof, the potential for defining and extending the known mineralization, exploration potential on the properties, and plans for drilling and future operations at the Company's projects or plans for financing.
Such forward-looking information involves known and unknown risks and assumptions, including with respect to, without limitation, exploration and development risks, expenditure and financing requirements, title matters, operating hazards, criminal activity, metal prices, political and economic factors, community relations, competitive factors, general economic conditions, relationships with vendors and strategic partners, governmental regulation and supervision, seasonality, technological change, industry practices, pandemics and one-time events. Should any one or more risks or uncertainties materialize or change, or should any underlying assumptions prove incorrect, actual results and forward-looking statements may vary materially from those described herein. IMPACT does not assume the obligation to update any forward-looking statement or beliefs, opinions, projections or other factors, except as required by law.
The Company's decision to place a mine into production, expand a mine, make other production related decisions or otherwise carry out mining and processing operations, is largely based on internal non-public Company data and reports based on exploration, development and mining work by the Company's geologists and engineers. The results of this work are evident in the discovery and building of multiple mines for the Company at Zacualpan and in the track record of mineral production and financial returns of the Company since 2006. Under NI 43-101, the Company is required to disclose that it has not based its production decisions on NI 43-101 mineral resources or reserve estimates, preliminary economic assessments or feasibility studies, and historically such projects have increased uncertainty and risk of failure.
303-543 Granville Street Telephone
604 664-7707
Vancouver, BC, Canada V6C 1X8
www.impactsilver.com
X (Twitter)
LinkedIn
 SOURCE: IMPACT Silver Corp. |
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| From: LoneClone | 5/6/2025 1:00:07 PM | | | | | | IMPACT Silver Announces Full Year 2024 Results With Record Revenue and a Return to Net Profit in Q4
newsfilecorp.com
May 05, 2025 8:23 PM EDT | Source: IMPACT Silver Corp.
Vancouver, British Columbia--(Newsfile Corp. - May 5, 2025) - IMPACT Silver Corp. (TSXV: IPT) (OTCQB: ISVLF) (FSE: IKL) ("IMPACT" or the "Company") announces its financial and operating results for the year ended December 31, 2024. The Company is recognized as an intermediate miner with strength across the value chain including production, growth and exploration potential. In 2024, the Company evolved from being a near pure-play on silver with ongoing production across an extensive mining district at its Royal Mines of Zacualpan Silver district in Central Mexico to include now substantial production from the Plomosas high-grade zinc mine in Northern Mexico.
The Company reported record revenue of $31.9 million in FY 2024, an increase of 53% compared to revenues of $20.8 million in FY 2023. This includes a near doubling of quarterly revenue to $10.2 million in Q4 2024, an increase of $4.8 million from Q4 2023, primarily due to the increase in production at Plomosas as well as a 24% increase in gold sales in Q4 2024 compared to Q4 2023 at Zacualpan. Overall, in FY 2024, 72% of the revenue came from the Zacualpan silver-lead-zinc assets however, with increased production from Plomosas coming online later in the year, the revenue split in Q4 2024 was 65% from Zacualpan and 35% from Plomosas. In Q4 2024, mine operating earnings increased by $3.6 million to $1.1 million over Q4 2023 on higher revenue and production.
In 2024, the Company's ramp up of zinc production at Plomosas from minimal levels at the start of the year to 75% of capacity at year-end, combined with robust commodity prices, resulted in a strong end to the year including a net income of $1.6 million in Q4 2024 compared to a net loss of $9.3 million in Q4 2023. At the end of the year, the Company had $7.1 million in cash, $9.0 million in working capital and no long-term debt.
Fred Davidson, President & CEO of IMPACT, stated, "2024 was a year of transition for the Company, having culminated in improved financial results after years of integrating and rehabilitating the Plomosas mine, which is now approaching full capacity. IMPACT is now firmly established as a proven silver, zinc and lead producer and a leading intermediate miner in Mexico. Strong commodity prices driven by geopolitical events and evolving monetary policy have improved economics for the industry and are evident in our Q4 2024 results which markedly improved as the year came to close. In 2025, we will focus on improving production, grade, and building on our substantial efficiencies achieved over the last 12 months."
2024 PRODUCTION OVERVIEW - ZACUALPAN PROJECT (SILVER-LEAD-ZINC)
- 2024 full year silver production was 595,264 ounces (2023 - 637,514 ounces).
- Silver sales of 592,844 ounces in 2024 compared to 636,655 ounces in 2023.
- Gold sales increased to 135 oz in Q4 2024 from 109 oz in Q4 2023.
- Average mill feed grade was 161 grams per tonne (g/t) silver for 2024, which was similar to 160 g/t silver in 2023.
- Throughput at the mill was 136,280 tonnes in 2024, down 8% from 147,444 tonnes in 2023.
Production and associated volume sales were down year over year due to extreme weather events impacting production in 2H 2024. These issues have been repaired, and production has ramped up since. Notwithstanding, strong commodity prices resulted in revenue per tonne sold improving by 39% to $189.34 in Q4 2024 from $135.80 in 2023.
Following several years of cost inflation, direct costs per production tonne have stabilized, having decreased by 4% in Q4 2024 to $146.09 from $152.28 in Q4 2023. Management expects costs to stay at these controlled levels in 2025.
PLOMOSAS PROJECT (ZINC-SILVER)
Following the acquisition of the Plomosas high grade zinc-lead-silver mine in April 2023, the Company embarked on an aggressive rehabilitation program to bring the mine back online The Company resumed limited test production at Plomosas in October 2023, and after nearly 18 months of rehabilitating mobile equipment, plant facilities, infrastructure, and the underground mine, production has significantly expanded. By the end of the year, production reached approximately 75% of the mill's design capacity.
In Q4 2024, the Plomosas Mine continued its gradual ramp-up, processing 13,633 tonnes, up from 3,594 tonnes in Q1 2024. Total production for 2024 reached 39,169 tonnes. The average grades for 2024 were 12.2% zinc, 7.3% lead, and 47 g/t silver. Plomosas sales for the year included 2,706 tonnes of zinc, 569 tonnes of lead, and 35,010 ounces of silver.
Historical mining made Plomosas one of the highest grading zinc-silver mines with approximately 2.5MT mined since 1943 grading 15-25% zinc, 2-7% lead and 40-60 g/t silver with low deleterious elements1. The 3,019-hectare property covers extensive carbonate replacement deposit-type ("CRD") zinc-lead-silver mantos (beds) mainly hosted in carbonates (limestones, marbles). The previous operator reported Australian JORC mineral resources2 of 215,000 tonnes grading 13.5% zinc, 6.3% lead and 34.0 g/t silver indicated, and 772,000 tonnes grading 13.1% zinc, 3.0% lead and 19.0 g/t silver inferred, at a 3% zinc cutoff at December 2021.
GOING FORWARD
The Company intends to continue allocating resources toward exploration and development at both of its mining sites. At the Zacualpan project, management is focused on improving grades as the Kena discovery continues to expand (see news release from February 11, 2025). Efforts are also underway to further optimize silver and gold production considering improved commodity prices. Additionally, the Company is evaluating various strategic options for the Capire open-pit silver mine to capitalize on strong silver market conditions.
At the Plomosas mine, management anticipates that 2025 will be a year of optimal production, supported by substantial exploration activity across the largely unexplored property. Strong zinc prices, coupled with operational efficiencies at the processing level, have enabled Plomosas to achieve key financial and operational milestones-progress that the Company aims to build upon.
Following several years of cost inflation and unfavorable foreign currency impacts, the Company believes that most cost pressures are now under control. This provides a foundation for renewed focus on delivering shareholder value through improved grades, increased production, and continued exploration success.
A recorded conference call reviewing the financial and production results of the year ended December 31, 2024 will be available on the Company website on May 7th, 2025 at www.impactsilver.com/s/ConferenceCalls.asp.
The information in this news release should be read in conjunction with the Company's audited condensed consolidated Financial Statements and Management's Discussion and Analysis, available on the Company website at www.impactsilver.com and on SEDAR at www.sedar.com. All amounts are stated in Canadian dollars unless otherwise specified.
ABOUT IMPACT SILVER
IMPACT Silver Corp. (TSXV: IPT) is a successful producer-explorer with two mining projects in Mexico.
- Royal Mines of Zacualpan Silver-Gold District: IMPACT owns 100% of the 211 km2 Zacualpan project in central Mexico where four producing underground silver mines and one open pit mine feed the central 500 tpd Guadalupe processing plant. To the south, the Capire Project includes a 200 tpd processing pilot plant adjacent to an open pit silver mine with an NI?43-101 inferred mineral resource of over 4.5?million ozs silver, 48 million lbs zinc and 21 million lbs lead (see IMPACT news release dated January 18, 2016, for details and QP statement). Company engineers are reviewing Capire for a potential restart of operations to leverage improving commodity prices. Over the past 18 years, IMPACT has developed multiple exploration zones into commercial production and has produced over 13 million ounces of silver, generating revenue of more than $284 million, with no long-term debt.
- Plomosas Zinc-Lead-Silver District: Plomosas is a high-grade zinc producer in northern Mexico with exceptional exploration upside potential. The Company recently restarted mining operations and is ramping up production toward design capacity levels. Exploration potential at Plomosas is exceptional along the 6 km-long structure. This is in addition to other exploration targets on the 3,019-hectare property including untested copper-gold targets with indications of high-grade material at surface. Regionally, Plomosas lies in the same mineral belt as some of the largest carbonate replacement deposits in the world.
Qualified Person and NI 43-101 Disclosure
George Gorzynski, P.Eng., a Director and VP Exploration of IMPACT Silver Corp., is a "Qualified Person" within the meaning of NI 43-101 and has approved the technical information contained in this news release.
Additional information about IMPACT and its operations can be found on the Company website at www.IMPACTSilver.com. Follow us on X @IMPACT_Silver and LinkedIn at https://api.newsfilecorp.com/redirect/4QjA4tPnEj
On behalf of IMPACT Silver Corp.
"Frederick W. Davidson"
President & CEO
For more information, please contact:
Jerry Huang
CFO | Investor Relations
(604) 664-7707 or inquiries@impactsilver.com
(778) 867-7909 Direct
Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.
Forward-Looking and Cautionary Statements
This IMPACT News Release may contain certain "forward-looking" statements and information relating to IMPACT that is based on the beliefs of IMPACT management, as well as assumptions made by and information currently available to IMPACT management. Forward-looking information is often, but not always, identified by the use of words such as "seek", "anticipate", "plan", "continue", "planned", "expect", "project", "predict", "potential", "targeting", "intends", "believe", "potential", and similar expressions, or describes a "goal", or variation of such words and phrases or state that certain actions, events or results "may", "should", "could", "would", "might" or "will" be taken, occur or be achieved.
Such forward-looking information involves known and unknown risks and assumptions, including with respect to, without limitations, exploration and development risks, expenditure and financing requirements, title matters, operating hazards, metal prices, political and economic factors, competitive factors, general economic conditions, relationships with vendors and strategic partners, governmental regulation and supervision, criminal activity, seasonality, technological change, industry practices, and one-time events. Should any one or more risks or uncertainties materialize or change, or should any underlying assumptions prove incorrect, actual results and forward-looking statements may vary materially from those described herein. IMPACT does not assume the obligation to update any forward-looking statement except as required by law.
The Company's decision to place a mine into production, expand a mine, make other production related decisions or otherwise carry out mining and processing operations, is largely based on internal non-public Company data and reports based on exploration, development and mining work by the Company's geologists and engineers. The results of this work are evident in the discovery and building of multiple mines for the Company and in the track record of mineral production and financial returns of the Company since 2006. Under NI 43-101 the Company is required to disclose that it has not based its production decisions on NI 43-101 compliant mineral resource or reserve estimates, preliminary economic assessments or feasibility studies, and historically such projects have increased uncertainty and risk of failure.
303-543 Granville Street
Vancouver, BC, Canada V6C 1X8
Telephone (604) 664-7707
www.impactsilver.com
Twitter
LinkedIn
________________________
1 Reference: Alexandri, A. Gonzalez, H., & Salas, H. (2022). Plomosas Project (CZL), Field Visit Report. IMPACT Silver Corp. private report on field visits and compilation of historic and recent data, 56 pages.
2 Plomosas mineral resources were reported by Consolidated Zinc Ltd. (CZL: ASX) on their website (https://api.newsfilecorp.com/redirect/GmW5RsV2A2) under the Australian JORC (2012) Code as mineral resources "depleted as at December 2021". IMPACT's Qualified Person has reviewed but not verified in detail these reported mineral resources and is only reporting them as material mineral resources reported by CZL and available in the public record. IMPACT believes the estimates are relevant and reliable, given they are reported to Australian JORC standards; however, IMPACT's Qualified Person has not done sufficient work to classify them as current Canadian NI 43-101 mineral resources.
 SOURCE: IMPACT Silver Corp. |
| | IMPACT Silver (IPT.V) | Stock Discussion ForumsShare | RecommendKeepReplyMark as Last Read |
|
| From: LoneClone | 5/23/2025 12:32:17 PM | | | | | | Impact Silver Announces Closing of $3.9 Million Non-Brokered Private Placement Financing
newsfilecorp.com
May 22, 2025 9:30 PM EDT | Source: IMPACT Silver Corp.
Vancouver, British Columbia--(Newsfile Corp. - May 22, 2025) - IMPACT Silver Corp. (TSXV: IPT) (OTC PINK: ISVLF) (FSE: IKL) ("IMPACT" or the "Company") is pleased to announce that it has closed a tranche of the non-brokered private placement financing announced on April 15th, 2025 and subsequently increased on April 18th, 2025 (see IMPACT news releases dated April 15, 2025 and April 18, 2025 for details). The financing comprised a LIFE (listed issuer financing exemption) offering and a standard private placement (together referred to as the "Offering").
The Company received aggregate proceeds of C$1,658,000 from the issuance of 8,290,000 LIFE units (the "LIFE Units") at $0.20 per LIFE Unit and C$2,272,711.86 from the issuance of 12,626,177 units (the "Units") of the Company at C$0.18 per Unit for a total of C$3,930,711.86. Each LIFE Unit comprised of one common share and one-half share purchase warrant, with each whole warrant exercisable for two years at $0.26 per common share. Each Unit comprised of one common share and one warrant, exercisable for three years at $0.24 per common share.
The Company intends to use the proceeds from the Offering to follow up recent success in its exploration activity at its Plomosas high-grade zinc(-lead-silver) property, and its prolific silver assets at its legacy Royal Mines of Zacualpan district, as well as invest in operational improvements to improve productivity and throughput.
The LIFE portion of the Offering was made pursuant to the listed issuer financing exemption under Part 5A of National Instrument 45-106 - Prospectus Exemptions (the "LIFE Exemption"). The securities sold under the LIFE Exemption are not subject to a hold period in accordance with applicable Canadian securities laws. A copy of the offering document under the LIFE Exemption dated April 15, 2025, is available electronically on SEDAR+ ( www.sedarplus.ca) under the Company's issuer profile. The Offering remains subject to final acceptance by the TSX Venture Exchange.
In connection with the Offering, the Company paid an aggregate of $64,696.19 in finder's fees and issued 359,423 finder's warrants (each, a "Finder's Warrant") on the Unit part of the Offering to certain finders. Each Finder's Warrant entitles the holder thereof to purchase one common share of the Company at a price of $0.24 cents per share for three years.
The securities described herein have not been, and will not be, registered under the United States Securities Act of 1933, as amended (the "U.S. Securities Act"), or any state securities laws, and accordingly, may not be offered or sold within the United States except in compliance with the registration requirements of the U.S. Securities Act and applicable state securities requirements or pursuant to exemptions therefrom. This press release does not constitute an offer to sell or a solicitation to buy any securities in any jurisdiction.
ABOUT IMPACT SILVER
IMPACT Silver Corp. (TSXV: IPT) is a successful producer-explorer with two mining projects in Mexico.
Royal Mines of Zacualpan Silver-Gold District: IMPACT owns 100% of the 211 km2 Zacualpan project where four underground silver mines and one open pit mine feed the central 500 tpd Guadalupe processing plant. To the south, the Capire Project includes a 200 tpd processing pilot plant adjacent to an open pit silver mine with an NI?43-101 inferred mineral resource of over 4.5?million oz silver, 48 million lbs zinc and 21 million lbs lead (see IMPACT news release dated January 18, 2016 for details and QP statement); Company engineers are reviewing Capire for a potential restart of operations. Over the past 17 years, IMPACT has placed multiple zones into commercial production and produced over 13 million ounces of silver, generating revenues over $284 million.
Plomosas Zinc-Lead-Silver District: Plomosas is a high-grade zinc producer in northern Mexico with exceptional exploration upside potential. The Company recently re-commenced operations and has plans for expansion in 2025. Exploration potential at Plomosas is exceptional along a 6km-long structure. This is in addition to other exploration targets on the 3,019-hectare property including untested copper-gold targets with indications of high-grade material from surface. Regionally, Plomosas lies in the same mineral belt as some of the largest carbonate replacement deposits in the world.
Qualified Person and NI 43-101 Disclosure
George Gorzynski, P.Eng., an Officer and Director of IMPACT, is a "Qualified Person" within the meaning of NI 43-101 and has approved the technical information contained in this news release.
On behalf of IMPACT Silver Corp.
"Frederick W. Davidson"
President & CEO
For more information, please contact:
Jerry Huang
CFO | Investor Relations
(604) 664-7707 or inquiries@impactsilver.com
(778) 887 6489 Direct
Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.
Forward-Looking and Cautionary Statements
This IMPACT News Release may contain certain "forward-looking" statements and information relating to IMPACT that is based on the beliefs of IMPACT management, as well as assumptions made by and information currently available to IMPACT management. All statements, other than statements of historical facts, included herein, including, without limitation, statements relating to future silver prices, interpretation of drill results, future work plans, proceeds received and use of funds, the timing for closing a further tranche of the Offering, the potential of the Company's projects, and potential and plans for the Plomosas project, are forward looking statements. Forward-looking information is often, but not always, identified by the use of words such as "seek", "anticipate", "plan", "continue", "planned", "expect", "project", "predict", "potential", "targeting", "intends", "believe", "potential", and similar expressions, or describes a "goal", or variation of such words and phrases or state that certain actions, events or results "may", "should", "could", "would", "might" or "will" be taken, occur or be achieved. Such statements include, but are not limited to, statements with respect to the expected use of proceeds of the financing.
Such forward-looking information involves known and unknown risks and assumptions, including with respect to, without limitations, exploration and development risks, expenditure and financing requirements, title matters, operating hazards, metal prices, political and economic factors, criminal activity, competitive factors, general economic conditions, relationships with vendors and strategic partners, governmental regulation and supervision, seasonality, technological change, industry practices,; pandemics and one-time events. Should any one or more risks or uncertainties materialize or change, or should any underlying assumptions prove incorrect, actual results and forward-looking statements may vary materially from those described herein. IMPACT does not assume the obligation to update any forward-looking statement, except as required by law.
The Company's decision to place a mine into production, expand a mine, make other production related decisions or otherwise carry out mining and processing operations, is largely based on internal non-public Company data and reports based on exploration, development and mining work by the Company's geologists and engineers. The results of this work are evident in the discovery and building of multiple mines for the Company and in the track record of mineral production and financial returns of the Company since 2006. Under NI 43-101 the Company is required to disclose that it has not based its production decisions on NI 43-101 compliant mineral resource or reserve estimates, preliminary economic assessments or feasibility studies, and historically such projects have increased uncertainty and risk of failure.
303-543 Granville Street
Telephone (604) 664-7707
Vancouver, BC, Canada V6C 1X8
www.impactsilver.com
Twitter
LinkedIn
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 SOURCE: IMPACT Silver Corp. |
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| From: LoneClone | 5/27/2025 2:12:06 PM | | | | | | Impact Silver Announces Q1 2025 Financial Results with Near-Doubling of Revenue & Positive EBITDA of $1.0 Million
newsfilecorp.com
May 27, 2025 9:46 AM EDT | Source: IMPACT Silver Corp.
Vancouver, British Columbia--(Newsfile Corp. - May 27, 2025) - IMPACT Silver Corp. (TSXV: IPT) (OTC PINK: ISVLF) (FSE: IKL) ("IMPACT" or the "Company") announces its financial and operating results for the first quarter ended March 31, 2025. The Company is pleased to report revenue of $10.7 million for Q1 2025, double the $5.3 million reported in Q1 2024. This significant increase was driven by the commencement of new production at the Plomosas mine and higher commodity prices. EBITDA for Q1 2025 was $1.0 million, marking a strong recovery from the negative $3.6 million in Q1 2024. Net loss for the quarter was $0.1 million, a notable improvement compared to the net loss of $4.4 million in the same period last year. This reflects a substantial year-over-year improvement, as inflationary pressures on costs eased and commodity prices remained strong, supported by a higher aggregate production volumes. At quarter-end, the Company had $6.6 million in cash and no structured debt.
In 2024, the Company has revised its accounting policies for early-stage exploration. This change has been applied retrospectively, resulting in $0.8 million in exploration costs being expensed in Q1 2025 and $1.2 million in Q1 2024. Subsequent to quarter-end, the Company announced an equity financing of up to $5.0 million.
Fred Davidson, President & CEO of IMPACT, stated, "Following several years of mine rehabilitation and aggressive exploration, along with ongoing efforts to manage inflationary cost pressures, I'm pleased to see our first-quarter results reflect the strength of having two high-performing assets operating at, or near full capacity. The team's continued focus on maintaining positive net operating income profitability has now delivered positive results for the second consecutive quarter. With both operations online and production continuing to grow, we expect 2025 to reflect our commitment to delivering value to shareholders in a strong commodity price environment supported by streamlined and efficient operations."
Q1 2025 Review
Zacualpan Silver-Lead-Zinc Operation
In Q1 2025, the Guadalupe mill processed 35,012 tonnes of mill feed at the Zacualpan/Guadalupe complex, representing a 10% increase from 31,735 tonnes in Q1 2024. This improvement reflects a recovery in throughput following the extreme weather event in September, which had caused power outages from the Mexican grid and washouts along key haul roads.
Silver production at the Guadalupe complex totaled 149,449 ounces in Q1 2025, up 9% from 137,291 ounces in the same period last year. Silver sales also rose by 10% year-over-year. The average silver head grade declined slightly by 2% to 157 grams per tonne (g/t), compared to 161 g/t in Q1 2024.
Revenue per tonne sold increased significantly, rising 50% to $202.37 in Q1 2025 from $134.59 in Q1 2024, while direct costs per tonne remained largely stable, increasing only 3% to $132.32 from $128.12.
Plomosas Zinc-Lead-Silver Operation
In Q1 2025, the mine processed 14,265 tonnes, a significant increase from 3,594 tonnes in Q1 2024. Average grades in Q1 2025 were 11.0% zinc, 7.7% lead, and 48 grams per tonne (g/t) silver. Sales for the quarter totaled 1,008 tonnes of zinc, 213 tonnes of lead, and over 12,087 ounces of silver.
Following nearly 18 months of rehabilitation work-including mobile equipment, processing facilities, infrastructure, and the underground mine-production has expanded substantially.
Initial exploration and development have focused on readily accessible mineralization; however, longer-term initiatives are also progressing to evaluate underexplored areas of the property. These efforts include the reinterpretation of historical Induced Polarization, Magnetic, and Gravitational surveys, as well as a new reconnaissance exploration program. As a result of recent exploration success, the Plomosas team has begun mining the "Mina Juárez" area, where extensions of historical workings by previous operators have been successfully delineated.
The production ramp-up has been both successful and consistent. Average daily throughput increased from approximately 39 tonnes per day (tpd) in Q1 2024 to 159 tpd in Q1 2025. The Company remains on track to achieve the targeted design capacity of 200 tpd later in 2025.
Outlook
Management believes the Company is now well positioned as an established intermediate producer, offering investors exposure to a diversified basket of strategic defensive and critical metals, supported by strong demand fundamentals.
Having successfully transitioned from a period of mine rehabilitation and operational adjustments; the Company has effectively doubled in size in under two years. While silver remains a core focus, increasing zinc and gold production is expected to further expand the Company's market presence and enhance shareholder value.
The Company is currently negotiating new offtake agreements with partners eager to secure long-term supply. Ongoing exploration across both assets is expected to support continued improvements in project economics and operational performance.
A recorded conference call reviewing the financial and production results of the quarter ended March 31, 2025 will be available on the Company website on May 28, 2025 at api.newsfilecorp.com.
The information in this news release should be read in conjunction with the Company's unaudited condensed consolidated interim financial statements and Management's Discussion and Analysis, available on the Company website at www.impactsilver.com and on SEDAR at www.sedar.com. All amounts are stated in Canadian dollars unless otherwise specified.
ABOUT IMPACT SILVER
IMPACT Silver Corp. (TSXV: IPT) is a successful producer-explorer with two mining projects in Mexico.
- Royal Mines of Zacualpan Silver-Gold District: IMPACT owns 100% of the 211 km2 Zacualpan Project in central Mexico where four producing underground silver mines and one open pit mine feed the central 500 tpd Guadalupe processing plant. To the south, the Capire Project includes a 200 tpd processing pilot plant adjacent to an open pit silver mine with an NI?43-101 inferred mineral resource of over 4.5?million ounces silver, 48 million lbs zinc and 21 million lbs lead (see IMPACT news release dated January 18, 2016, for details and QP statement). Company engineers are reviewing Capire for a potential restart of operations to leverage improving commodity prices. Over the past 18 years, IMPACT has developed multiple exploration zones into commercial production and has produced over 13 million ounces of silver, generating revenue of more than $284 million, with no long-term debt.
- Plomosas Zinc-Lead-Silver District: Plomosas is a high-grade zinc producer in northern Mexico with exceptional exploration upside potential. The Company recently restarted mining operations and is ramping up production toward design capacity levels. Exploration potential at Plomosas is exceptional along the 6 km-long structure. This is in addition to other exploration targets on the 3,019 hectare property including untested copper-gold targets with indications of high-grade material at surface. Regionally, Plomosas lies in the same mineral belt as some of the largest carbonate replacement deposits in the world.
Qualified Person and NI 43-101 Disclosure
George Gorzynski, P.Eng., a Director and VP Exploration of IMPACT Silver Corp., is a "Qualified Person" within the meaning of NI 43-101 and has approved the technical information contained in this news release.
On behalf of IMPACT Silver Corp.
"Frederick W. Davidson"
President & CEO
For more information, please contact:
Jerry Huang
CFO | Investor Relations
(604) 664-7707 or inquiries@impactsilver.com
(778) 867 7909 Direct
Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.
Forward-Looking and Cautionary Statements
This IMPACT News Release may contain certain "forward-looking" statements and information relating to IMPACT that is based on the beliefs of IMPACT management, as well as assumptions made by and information currently available to IMPACT management. Forward-looking information is often, but not always, identified by the use of words such as "seek", "anticipate", "plan", "continue", "planned", "expect", "project", "predict", "potential", "targeting", "intends", "believe", "potential", and similar expressions, or describes a "goal", or variation of such words and phrases or state that certain actions, events or results "may", "should", "could", "would", "might" or "will" be taken, occur or be achieved. Such statements include, but are not limited to, statements with respect to the expected use of proceeds of the Private Placement.
Such forward-looking information involves known and unknown risks and assumptions, including with respect to, without limitations, exploration and development risks, expenditure and financing requirements, title matters, operating hazards, metal prices, political and economic factors, competitive factors, general economic conditions, relationships with vendors and strategic partners, governmental regulation and supervision, seasonality, technological change, industry practices, and one-time events. Should any one or more risks or uncertainties materialize or change, or should any underlying assumptions prove incorrect, actual results and forward-looking statements may vary materially from those described herein. IMPACT does not assume the obligation to update any forward-looking statement.
The Company's decision to place a mine into production, expand a mine, make other production related decisions or otherwise carry out mining and processing operations, is largely based on internal non-public Company data and reports based on exploration, development and mining work by the Company's geologists and engineers. The results of this work are evident in the discovery and building of multiple mines for the Company and in the track record of mineral production and financial returns of the Company since 2006. Under NI 43-101 the Company is required to disclose that it has not based its production decisions on NI 43-101 compliant mineral resource or reserve estimates, preliminary economic assessments or feasibility studies, and historically such projects have increased uncertainty and risk of failure.
303-543 Granville Street
Telephone (604) 664-7707
Vancouver, BC, Canada V6C 1X8
www.impactsilver.com
Twitter
LinkedIn
 SOURCE: IMPACT Silver Corp. |
| | IMPACT Silver (IPT.V) | Stock Discussion ForumsShare | RecommendKeepReplyMark as Last Read |
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| From: LoneClone | 6/9/2025 3:45:06 PM | | | | | | Impact Silver Intersects 534.8 g/t Silver over 8.50m Including 2,320 g/t Silver over 1.07m on New Kena Vein South at Guadalupe Mine
newsfilecorp.com
June 09, 2025 1:13 PM EDT | Source: IMPACT Silver Corp.
Vancouver, British Columbia--(Newsfile Corp. - June 9, 2025) - IMPACT Silver Corp. (TSXV: IPT) (OTCQB: ISVLF) (FSE: IKL) ("IMPACT" or the "Company") is pleased to announce further drill results from the Kena Vein South zone in its producing Guadalupe silver mine in the Royal Mines of Zacualpan Silver District, Mexico.
NEW KENA VEIN SOUTH UNDERGROUND DRILL RESULTS
Underground drilling from Level 140 of the Guadalupe Mine intersected further significant mineralization on the recently discovered Kena Vein South extending the zone to the north and discovered other nearby parallel and splay high-grade veins. New assays received include the following:
To view an enhanced version of this graphic, please visit:
images.newsfilecorp.com
True widths are estimated to be 85-100% of drill intervals. Drill results reported in this news release tested the north extension of the Kena Vein zone. These results include newly discovered nearby parallel and splay high-grade veins (see Figure 1). Kena Vein South mineralization has now been traced over 300m strike length and remains open in all directions. Additional drilling is planned. New underground access to the Kena Vein South has been completed on Level 140 with first mining tonnes recently extracted.
CEO STATEMENT
President and CEO Fred Davidson commented, "Drilling on the recently discovered Kena Vein continues to return exceptional high-grade results extending the zone to the north. These drill holes have also made new discoveries of nearby high-grade parallel and splay veins. The zone has been drilled over 300m length now and remains open for exploration in all directions. Drilling will continue when a new underground drill station is completed to next test the southern extension of the vein. The close proximity of the new vein to current active mine workings has allowed for rapid and low-cost access and mine development. Our mining team recently extracted the first tonnes of mineral from Kena Vein South and are now developing north and south on the vein to start full commercial mining."
ABOUT IMPACT SILVER
IMPACT Silver Corp. (TSXV: IPT) is a successful producer-explorer with two mining projects in Mexico.
- Royal Mines of Zacualpan Silver-Gold District: IMPACT owns 100% of the 211 km2 Zacualpan project in central Mexico where four underground silver mines and one open pit mine feed the central 500 tpd Guadalupe processing plant. To the south, the Capire Project includes a 200 tpd processing pilot plant adjacent to an open pit silver mine with an NI 43-101 inferred mineral resource of over 4.5 million oz silver, 48 million lbs zinc and 21 million lbs lead (see IMPACT news release dated January 18, 2016 for details and QP statement). Company personnel are reviewing Capire for a potential restart of operations. Over the past 18 years, IMPACT has placed multiple zones into commercial production and produced over 13 million ounces of silver generating revenues over $284 million, with no long-term debt.
- Plomosas Zinc-Lead-Silver District: Plomosas is a high-grade zinc producer in northern Mexico with exceptional exploration upside potential. The Company recently restarted mining operations and is ramping up production toward design capacity levels. Exploration potential at Plomosas is exceptional along a 6 km-long structure. This is in addition to other exploration targets on the 3,019-hectare property including untested copper-gold targets with indications of high-grade material from surface. Regionally, Plomosas lies in the same mineral belt as some of the largest carbonate replacement deposits in the world.
Quality Control/Quality Assurance
Samples reported in this news release were analyzed by ALS Group, an internationally recognized analytical services provider, using a multielement ICP package for silver and base metals. Assays for base metals >1% resorted to an overlimit method. Certified Reference Materials and internal control samples were added to the sample stream at regular intervals to monitor assay quality control.
Qualified Person and NI 43-101 Disclosure
Silvia Kohler, P.Geo. is a "Qualified Person" within the meaning of NI 43-101 and has approved the technical information contained in this news release.
Additional information about IMPACT and its operations can be found on the Company website at www.IMPACTSilver.com. Follow us on X (formerly Twitter) @IMPACT_Silver and LinkedIn at https://api.newsfilecorp.com/redirect/pEJ0yHXv8vr
On behalf of IMPACT Silver Corp.
"Frederick W. Davidson"
President & CEO
For more information, please contact:
Jerry Huang
CFO | Investor Relations
O: (604) 681 0172 or inquiries@impactsilver.com
C: (778) 867 7909 Direct
Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.
Forward-Looking and Cautionary Statements
This IMPACT News Release may contain certain "forward-looking" statements and information relating to IMPACT that is based on the beliefs of IMPACT management, as well as assumptions made by and information currently available to IMPACT management. Forward-looking information is often, but not always, identified by the use of words such as "seek", "anticipate", "plan", "continue", "planned", "expect", "project", "predict", "potential", "targeting", "intends", "believe", "potential", and similar expressions, or describes a "goal", or variation of such words and phrases or state that certain actions, events or results "may", "should", "could", "would", "might" or "will" be taken, occur or be achieved. Such statements include, but are not limited to, statements regarding interpretation of drill results, activity at the projects and estimated timing thereof, the potential for defining and extending known mineralization, exploration potential on the properties, and plans for drilling and future operations at the Company's projects or plans for financing.
Such forward-looking information involves known and unknown risks and assumptions, including with respect to, without limitation, exploration and development risks, expenditure and financing requirements, title matters, operating hazards, criminal activity, metal prices, political and economic factors, competitive factors, general economic conditions, relationships with vendors, strategic partners and local communities, governmental regulation and supervision, seasonality, technological change, industry practices, pandemics and one-time events. Should any one or more risks or uncertainties materialize or change, or should any underlying assumptions prove incorrect, actual results and forward-looking statements may vary materially from those described herein. IMPACT does not assume the obligation to update any forward-looking statement or beliefs, opinions, projections or other factors, except as required by law.
The Company's decision to place a mine into production, expand a mine, make other production related decisions or otherwise carry out mining and processing operations, is largely based on internal non-public Company data and reports based on exploration, development and mining work by the Company's technical personnel. The results of this work are evident in the discovery and building of multiple mines for the Company at Zacualpan and in the track record of mineral production and financial returns of the Company since 2006. Under NI 43-101, the Company is required to disclose that it has not based its production decisions on NI 43-101 mineral resources or reserve estimates, preliminary economic assessments or feasibility studies, and historically such projects have increased uncertainty and risk of failure.
303-543 Granville Street
Vancouver, BC, Canada V6C 1X8
Telephone (604) 664-7707
www.impactsilver.com
X (Twitter)
LinkedIn
Figure 1: Kena South Vein area drill holes plan
To view an enhanced version of this graphic, please visit:
images.newsfilecorp.com
 SOURCE: IMPACT Silver Corp. |
| | IMPACT Silver (IPT.V) | Stock Discussion ForumsShare | RecommendKeepReplyMark as Last Read |
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| From: LoneClone | 7/7/2025 4:58:51 PM | | | | | | IMPACT Silver Intersects 10.38% Zinc over 3.94m Including 20.95% Zinc over 1.70m at the Plomosas Mine
newsfilecorp.com
July 07, 2025 11:07 AM EDT | Source: IMPACT Silver Corp.
Vancouver, British Columbia--(Newsfile Corp. - July 7, 2025) - IMPACT Silver Corp. (TSXV: IPT) (OTCQB: ISVLF) (FSE: IKL) ("IMPACT" or the "Company") is pleased to announce further results from an ongoing underground drill program in the Juarez Zone at its Plomosas zinc (lead-silver) Mine in northern Mexico.
JUAREZ ZONE DRILLING
New drill intersections on the down dip projection of the Juarez Zone of the Plomosas Mine are as follows:
TABLE 1: NEW JUAREZ ZONE DRILL RESULTS - PLOMOSAS MINE
| Hole No. | From
(metres) | To
(metres) | Interval (metres) | Estimated True Width
(metres) | Zinc (%) | Lead (%) | Silver (g/t) | | UGMJ-2425 | 211.00 | 211.30 | 0.30 | 0.25 | 15.75 | 0.18 | 17.4 | | And | 214.60 | 215.00 | 0.40 | 0.33 | 11.60 | 6.88 | 61.8 | | UGMJ-2426 | 121.50 | 122.20 | 0.70 | 0.61 | 6.28 | 1.38 | 24.6 | | UGMJ-2427 | 100.20 | 102.95 | 2.75 | 2.23 | 9.91 | 4.24 | 15.2 | | Including | 101.70 | 102.95 | 1.25 | 1.01 | 17.25 | 7.88 | 23.7 | | And | 107.35 | 109.85 | 2.50 | 2.02 | 13.02 | 0.57 | 7.5 | | Including | 108.85 | 109.85 | 1.00 | 0.81 | 30.10 | 0.27 | 14.0 | | UGMJ-2428 | 113.40 | 118.30 | 4.90 | 3.94 | 10.38 | 0.32 | 7.5 | | Including | 113.40 | 115.60 | 2.20 | 1.70 | 20.95 | 0.15 | 10.8 | | Including | 113.40 | 114.50 | 1.10 | 0.85 | 25.40 | 0.12 | 9.9 | | UGMJ-2429 | 116.30 | 119.30 | 3.00 | 2.79 | 0.61 | 6.39 | 18.4 | | UGMJ-2430 | 95.95 | 102.00 | 6.05 | 5.78 | 4.75 | 1.86 | 18.1 | | Including | 101.40 | 102.00 | 0.60 | 0.57 | 20.50 | 6.65 | 36.4 | | UGMJ-2431 | 90.70 | 97.00 | 6.30 | 6.14 | 5.96 | 0.46 | 12.8 | | Including | 94.90 | 96.00 | 1.10 | 1.07 | 24.90 | 0.10 | 17.7 | | UGMJ-2432 | 93.40 | 94.95 | 1.55 | 1.29 | 2.15 | 1.14 | 14.9 | | UGMJ-2433 | 99.20 | 107.25 | 8.05 | 7.59 | 4.18 | 2.05 | 14.9 | | Including | 100.70 | 102.65 | 1.95 | 1.84 | 10.66 | 1.47 | 33.6 | | Including | 100.70 | 101.75 | 1.05 | 0.99 | 15.25 | 1.82 | 26.1 | | UGMJ-2538 | 91.60 | 92.05 | 0.45 | 0.34 | 9.32 | 12.90 | 39.5 | | UGMJ-2539 | 69.00 | 70.88 | 1.88 | 1.62 | 14.77 | 1.24 | 11.6 | | Including | 69.00 | 69.88 | 0.88 | 0.76 | 22.90 | 1.14 | 13.4 | | UGMJ-2540 | 77.05 | 78.22 | 1.17 | 0.75 | 8.75 | 0.20 | 5.1 | | Including | 77.52 | 78.22 | 0.70 | 0.45 | 13.70 | 0.31 | 7.3 | | UGMJ-2541 | 110.05 | 111.55 | 1.50 | 0.64 | 18.80 | 9.23 | 42.1 | | UGMJ-2545 | 70.65 | 74.15 | 3.50 | 2.57 | 10.69 | 0.30 | 10.0 | | Including | 73.15 | 74.15 | 1.00 | 0.73 | 30.10 | 0.05 | 14.4 |
True width estimates are interpreted from current geological models. The Juarez Zone lies stratigraphically below the Mina Vieja (Tres Amigos Mine) horizon at the Plomosas Mine and has a separate access adit (see Figures 2 & 3). All these Juarez Zone drill intersections lie outside the JORC mineral resource blocks published by the previous operator (see IMPACT news release dated April 3, 2023 for details). Juarez Zone mineralization remains open for exploration in all directions and drilling is continuing.
CEO STATEMENT
President and CEO Frederick Davidson commented, "We are happy to see ongoing great drill results from the Juarez Zone at the Plomosas Mine. The location of these drill holes close to our underground mining infrastructure allows us to rapidly expand our mining operations into these areas. We continue to drill from surface and underground with the aim to expand mineral resources on several zones at Plomosas."
PLOMOSAS MINE GEOLOGY AND MINERALIZATION
The Plomosas mine, a historic high-grade zinc producer in northern Mexico (Figure 1), was acquired in 2023 by the Company. Recent drill programs have been undertaken in the Tres Amigos area on extensions of active mine areas and nearby in the Juarez Zone and Santo Domingo Zone (results pending). Drilling is continuing. Mineralization at the Plomosas mine occurs as zinc-rich Carbonate Replacement zones along certain horizons of the local sedimentary rock sequence. Two main mineralized horizons have provided the bulk of historic production, the Mina Vieja (Tres Amigos) marble and the Juarez limestone, where structural ground preparation along these two units favored concentrations of zinc, lead, and silver (see Figure 3).
ABOUT IMPACT SILVER
IMPACT Silver Corp. (TSXV: IPT) is a successful producer-explorer with two mining projects in Mexico.
- Royal Mines of Zacualpan Silver-Gold District: IMPACT owns 100% of the 211 km2 Zacualpan project in central Mexico where four producing underground silver mines and one open pit mine feed the central 500 tpd Guadalupe processing plant. To the south, the Capire Project includes a 200 tpd processing pilot plant adjacent to an open pit silver mine with an NI?43-101 inferred mineral resource of over 4.5?million oz silver, 48 million lbs zinc and 21 million lbs lead (see IMPACT news release dated January 18, 2016, for details and QP statement). Company engineers are reviewing Capire for a potential restart of operations to leverage improving commodity prices. Over the past 18 years, IMPACT has developed multiple exploration zones into commercial production and has produced over 13 million ounces of silver, generating revenue of more than $284 million, with no long-term debt.
- Plomosas Zinc-Lead-Silver District: Plomosas is a high-grade zinc producer in northern Mexico with exceptional exploration upside potential. In late 2023, the Company restarted mining operations and is ramping up production toward design capacity levels. Exploration potential at Plomosas is exceptional along the 6 km-long structure. This is in addition to other exploration targets on the 3,019-hectare property including untested copper-gold targets with indications of high-grade material at surface. Regionally, Plomosas lies in the same belt as some of the largest carbonate replacement deposits in the world.
Quality Control/Quality Assurance
Drill core was NTW size (5.71 cm diameter). Half core samples were collected with a rock saw and tagged for identification. All samples were securely stored at the Plomosas Mine until shipment. A total of 5% certified assay standards and 5% blanks were inserted into every sample shipment as a quality control measure. All samples were shipped to the ALS preparation laboratory in Chihuahua, Mexico, where they were fine crushed (70% passing a 2 mm screen), pulverized (85% passing a 75 micron screen) and pulp split separated for assay. These pulps were shipped to the ALS laboratory in North Vancouver, Canada, where a 10 gram split was aqua regia digested and then analyzed for 36 elements including zinc, lead and silver by ICP-AES spectrometry (ALS code ME-ICP41). Assays for base metals >1% used an overlimit ICP-AES method (ALS code OG46). ALS is an independent, international ISO/IEC 17025 accredited laboratory.
Qualified Person and NI 43-101 Disclosure
Silvia Kohler, P.Geo., a Senior Geologist employed by IMPACT Silver Corp. and a "Qualified Person" within the meaning of NI-43101, has approved the technical information contained in this news release.
Additional information about IMPACT and its operations can be found on the Company website at www.IMPACTSilver.com. Follow us on X (formerly Twitter) @IMPACT_Silver and LinkedIn at https://api.newsfilecorp.com/redirect/kXzKqC8bZ3
On behalf of IMPACT Silver Corp.
"Frederick W. Davidson"
President & CEO
For more information, please contact:
Jerry Huang
CFO | Investor Relations
O: (604) 681 0172 or inquiries@impactsilver.com
C: (778) 867 7909 Direct
Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.
Forward-Looking and Cautionary Statements
This IMPACT News Release may contain certain "forward-looking" statements and information relating to IMPACT that is based on the beliefs of IMPACT management, as well as assumptions made by and information currently available to IMPACT management. Forward-looking information is often, but not always, identified by the use of words such as "seek", "anticipate", "plan", "continue", "planned", "expect", "project", "predict", "potential", "targeting", "intends", "believe", "potential", and similar expressions, or describes a "goal", or variation of such words and phrases or state that certain actions, events or results "may", "should", "could", "would", "might" or "will" be taken, occur or be achieved. Such statements include, but are not limited to, statements regarding interpretation of drill results, activity at the projects and estimated timing thereof, the potential for defining and extending the known mineralization, exploration potential on the properties, and plans for drilling and future operations at the Company's projects or plans for financing.
Such forward-looking information involves known and unknown risks and assumptions, including with respect to, without limitation, exploration and development risks, expenditure and financing requirements, title matters, operating hazards, extreme weather events, criminal activity, metal prices, political and economic factors, community relations, competitive factors, general economic conditions, relationships with vendors and strategic partners, governmental regulation and supervision, seasonality, technological change, industry practices, pandemics and one-time events. Should any one or more risks or uncertainties materialize or change, or should any underlying assumptions prove incorrect, actual results and forward-looking statements may vary materially from those described herein. IMPACT does not assume the obligation to update any forward-looking statement or beliefs, opinions, projections or other factors, except as required by law.
The Company's decision to place a mine into production, expand a mine, make other production related decisions or otherwise carry out mining and processing operations, is largely based on internal non-public Company data and reports based on exploration, development and mining work by the Company's geologists and engineers. The results of this work are evident in the discovery and building of multiple mines for the Company at Zacualpan and in the track record of mineral production and financial returns of the Company since 2006. Under NI 43-101, the Company is required to disclose that it has not based its production decisions on NI 43-101 mineral resources or reserve estimates, preliminary economic assessments or feasibility studies, and historically such projects have increased uncertainty and risk of failure.
303-543 Granville Street
Vancouver, BC, Canada V6C 1X8
Telephone (604) 664-7707
www.impactsilver.com
X (Twitter)
LinkedIn
Figure 1: Location map of Plomosas Mine and nearby mines and infrastructure. References to nearby projects are for information purposes only and there are no assurances that Plomosas will achieve similar results.
To view an enhanced version of this graphic, please visit:
images.newsfilecorp.com
Figure 2: Plan map of the Plomosas Mine workings.
To view an enhanced version of this graphic, please visit:
images.newsfilecorp.com
Figure 3: Schematic cross section of the Juarez Mine geology and mineralization showing new intersections drilled on the down dip extension.
To view an enhanced version of this graphic, please visit:
images.newsfilecorp.com |
| | IMPACT Silver (IPT.V) | Stock Discussion ForumsShare | RecommendKeepReplyMark as Last Read |
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| From: LoneClone | 7/29/2025 3:08:55 PM | | | | | | Impact Silver Intersects 18.03% ZnEq over 2.60m Including 23.70% ZnEq over 0.73m at the Plomosas Mine
newsfilecorp.com
July 29, 2025 11:36 AM EDT | Source: IMPACT Silver Corp.
Vancouver, British Columbia--(Newsfile Corp. - July 29, 2025) - IMPACT Silver Corp. (TSXV: IPT) (OTCQB: ISVLF) (FSE: IKL) ("IMPACT" or the "Company") is pleased to announce results from its initial underground drill program in the Santo Domingo Zone at its Plomosas zinc (lead-silver) Mine in northern Mexico.
SANTO DOMINGO ZONE DRILLING
First IMPACT drill intersections from the Santo Domingo Zone of the Plomosas Mine are as follows:
| TABLE 1: SANTO DOMINGO ZONE DRILL RESULTS | | Hole No. | From (metres) | To (metres) | Interval (metres) | Estimated True Width (metres) | Zinc
(%) | Lead
(%) | Silver
(g/t) | ZnEq*
(%) | | UGSD-2501 | 59.50 | 63.00 | 3.50 | 3.32 | 6.35 | 1.56 | 8.06 | 7.64 | | Including | 61.50 | 63.00 | 1.50 | 1.42 | 12.50 | 2.56 | 14.80 | 14.66 | | UGSD-2502 | 70.41 | 82.50 | 12.09 | 10.68 | 4.13 | 2.32 | 10.02 | 5.97 | | Including | 71.91 | 76.50 | 4.59 | 4.06 | 8.37 | 3.59 | 16.36 | 11.25 | | Including | 71.91 | 72.53 | 0.62 | 0.55 | 23.30 | 15.00 | 54.10 | 34.78 | | Including | 74.45 | 75.00 | 0.55 | 0.49 | 15.40 | 7.45 | 29.10 | 21.19 | | UGSD-2504 | 47.06 | 48.18 | 1.12 | 0.89 | 9.03 | 21.20 | 30.10 | 23.56 | | UGSD-2505 | 74.40 | 77.82 | 3.42 | 2.60 | 11.08 | 9.24 | 30.00 | 18.03 | | Including | 76.86 | 77.82 | 0.96 | 0.73 | 12.50 | 15.55 | 37.00 | 23.70 |
*Zinc Equivalent (ZnEq) is calculated using recent metal prices of US$1.21/lb Zn, US$0.88/lb Pb and US$38.07/oz Ag, and metal recoveries of 88.9% Zn, 77.3% Pb, and 71.3% Ag based on recent Plomosas production mill recoveries. Metal equivalence values allow for easier comparison of mineral zones with multiple metals reporting.
True width estimates are interpreted from current geological models. These Santo Domingo drill holes are located north of IMPACT's active mine workings in the Plomosas Mine (see Figures 2&3). All these Santo Domingo drill intersections lie outside the JORC mineral resource blocks published by the previous operator (see IMPACT news release dated April 3, 2023 for details). Santo Domingo Zone mineralization remains open for exploration and drilling is continuing.
CEO STATEMENT
President and CEO Frederick Davidson commented, "Finding high-grade mineralization on this extension of the Santo Domingo Zone beyond the mine workings, adds yet more upside to the Plomosas Mine. Before this drilling, this area had not figured into our mining plans but with the zone located close to our active mine workings at Plomosas, it represents another area where we can quickly add high-grade production. Drilling is continuing with the aim to define additional resources on multiple zones at Plomosas."
PLOMOSAS MINE GEOLOGY AND MINERALIZATION
The Plomosas mine, a historic high-grade zinc producer in northern Mexico (Figure 1), was acquired in 2023 by the Company. Recent drill programs have been undertaken on extensions of active mine areas in the Tres Amigos area and nearby in the Juarez and Santo Domingo areas, where drilling continues (see Figure 2). Mineralization at the Plomosas mine occurs as zinc-rich Carbonate Replacement zones in three bedrock units - the Mina Vieja marble (Tres Amigos Zone), the Juarez limestone (Juarez Zone) and in carbonate layers within the Cuesta Shale (Santo Domingo Zone) - where structural ground preparation along these units accommodated concentrations of zinc, lead, and silver (see Figure 3).
ABOUT IMPACT SILVER
IMPACT Silver Corp. (TSXV: IPT) is a successful producer-explorer with two mining projects in Mexico.
- Royal Mines of Zacualpan Silver-Gold District: IMPACT owns 100% of the 211 km2 Zacualpan project in central Mexico where four producing underground silver mines and one open pit mine feed the central 500 tpd Guadalupe processing plant. To the south, the Capire Project includes a 200 tpd processing pilot plant adjacent to an open pit silver mine with an NI?43-101 inferred mineral resource of over 4.5?million oz silver, 48 million lbs zinc and 21 million lbs lead (see IMPACT news release dated January 18, 2016, for details and QP statement). Company engineers are reviewing Capire for a potential restart of operations to leverage improving commodity prices. Over the past 18 years, IMPACT has developed multiple exploration zones into commercial production and has produced over 13 million ounces of silver, generating revenue of more than $284 million, with no long-term debt.
- Plomosas Zinc-Lead-Silver District: Plomosas is a high-grade zinc producer in northern Mexico with exceptional exploration upside potential. In late 2023, the Company restarted mining operations and is ramping up production toward design capacity levels. Exploration potential at Plomosas is exceptional along the 6 km-long structure. This is in addition to other exploration targets on the 3,019-hectare property including untested copper-gold targets with indications of high-grade material at surface. Regionally, Plomosas lies in the same belt as some of the largest carbonate replacement deposits in the world.
Quality Control/Quality Assurance
Drill core was NTW size (5.71 cm diameter). Half core samples were collected with a rock saw and tagged for identification. All samples were securely stored at the Plomosas Mine until shipment. A total of 5% certified assay standards and 5% blanks were inserted into every sample shipment as a quality control measure. All samples were shipped to the ALS preparation laboratory in Chihuahua, Mexico, where they were fine crushed (70% passing a 2 mm screen), pulverized (85% passing a 75 micron screen) and pulp split separated for assay. These pulps were shipped to the ALS laboratory in North Vancouver, Canada, where a 10 gram split was aqua regia digested and then analyzed for 36 elements including zinc, lead and silver by ICP-AES spectrometry (ALS code ME-ICP41). Assays for base metals >1% used an overlimit ICP-AES method (ALS code OG46). ALS is an independent, international ISO/IEC 17025 accredited laboratory.
Qualified Person and NI 43-101 Disclosure
Silvia Kohler, P. Geo., a Senior Geologist employed by IMPACT Silver Corp. and a "Qualified Person" within the meaning of NI-43101, has approved the technical information contained in this news release.
Additional information about IMPACT and its operations can be found on the Company website at www.IMPACTSilver.com. Follow us on X (formerly Twitter) @IMPACT_Silver and LinkedIn at https://www.linkedin.com/company/impactsilver
On behalf of IMPACT Silver Corp.
"Frederick W. Davidson"
President & CEO
For more information, please contact:
Jerry Huang
CFO | Investor Relations
O: (604) 681 0172 or inquiries@impactsilver.com
C: (778) 867 7909 Direct
Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.
Forward-Looking and Cautionary Statements
This IMPACT News Release may contain certain "forward-looking" statements and information relating to IMPACT that is based on the beliefs of IMPACT management, as well as assumptions made by and information currently available to IMPACT management. Forward-looking information is often, but not always, identified by the use of words such as "seek", "anticipate", "plan", "continue", "planned", "expect", "project", "predict", "potential", "targeting", "intends", "believe", "potential", and similar expressions, or describes a "goal", or variation of such words and phrases or state that certain actions, events or results "may", "should", "could", "would", "might" or "will" be taken, occur or be achieved. Such statements include, but are not limited to, statements regarding interpretation of drill results, activity at the projects and estimated timing thereof, the potential for defining and extending the known mineralization, exploration potential on the properties, and plans for drilling and future operations at the Company's projects or plans for financing.
Such forward-looking information involves known and unknown risks and assumptions, including with respect to, without limitation, exploration and development risks, expenditure and financing requirements, title matters, operating hazards, extreme weather events, criminal activity, metal prices, political and economic factors, community relations, competitive factors, general economic conditions, relationships with vendors and strategic partners, governmental regulation and supervision, seasonality, technological change, industry practices, pandemics and one-time events. Should any one or more risks or uncertainties materialize or change, or should any underlying assumptions prove incorrect, actual results and forward-looking statements may vary materially from those described herein. IMPACT does not assume the obligation to update any forward-looking statement or beliefs, opinions, projections or other factors, except as required by law.
The Company's decision to place a mine into production, expand a mine, make other production related decisions or otherwise carry out mining and processing operations, is largely based on internal non-public Company data and reports based on exploration, development and mining work by the Company's geologists and engineers. The results of this work are evident in the discovery and building of multiple mines for the Company at Zacualpan and in the track record of mineral production and financial returns of the Company since 2006. Under NI 43-101, the Company is required to disclose that it has not based its production decisions on NI 43-101 mineral resources or reserve estimates, preliminary economic assessments or feasibility studies, and historically such projects have increased uncertainty and risk of failure.
303-543 Granville Street
Vancouver, BC, Canada V6C 1X8
Telephone (604) 664-7707
www.impactsilver.com
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Figure 1: Location map of Plomosas Mine and nearby mines and infrastructure. References to nearby projects are for information purposes only and there are no assurances that Plomosas will achieve similar results.
To view an enhanced version of this graphic, please visit:
images.newsfilecorp.com
Figure 2: Plan map of the Plomosas Mine workings.
To view an enhanced version of this graphic, please visit:
images.newsfilecorp.com
Figure 3: Schematic cross section of the Santo Domingo Zone geology and mineralization showing new drill intersections.
To view an enhanced version of this graphic, please visit:
images.newsfilecorp.com
 SOURCE: IMPACT Silver Corp. |
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