Silicon Investor - IMPACT Silver (IPT.V)

[LoneClone] I sold out today, disgusted that that greedy and ill-timed PP. There are better ...

LoneClone — 1/22/2026 12:47:11 PM

I sold out today, disgusted that that greedy and ill-timed PP. There are better places for the money.

LC

[LoneClone] J2 Metals Inc. Announces Option to Acquire the District-Scale Sierra Plata Silve...

LoneClone — 12/22/2025 11:39:23 AM

J2 Metals Inc. Announces Option to Acquire the District-Scale Sierra Plata Silver-Antimony Project in Taxco, Mexico

newsfilecorp.com

December 22, 2025 5:50 AM EST | Source: J2 Metals Inc.

Vancouver, British Columbia--(Newsfile Corp. - December 22, 2025) - J2 Metals Inc. (TSXV: JTWO) ("J2" or the "Company") is pleased to announce that it has entered into a 3-year option with Impact Silver Corp. (TSXV: IPT) ("Impact"), a Mexican silver producer, to acquire the 2,200-hectare Sierra Plata Project, located in the Zacualpan District near Taxco, Guerrero State, Mexico.

The Sierra Plata Project hosts multiple past-producing silver mines, including El Salto and El Sabino, as well as numerous smaller historic workings. In addition to its silver endowment, the project is considered highly prospective for antimony, a strategic metal of increasing importance in global supply chains. The project is adjacent to mining claims held by Grupo México and Impact, and the Company believes that the historic San Miguel silver mine, a significant multi-level past producer, extends into the Sierra Plata project area. The Taxco region was, for centuries, one of the most important silver-producing districts in the Spanish Empire.

Project Highlights:

District-scale land package in a major historic silver district.
Multiple past-producing silver mines located within the project area.
Numerous productive trends and fault structures identified across the project.
Strong silver and antimony prospectivity.
Access to Impact's local technical expertise and regional drilling infrastructure.

J2 also announces that Simon Clarke has been appointed to the Company's board of directors.

Thomas Lamb, CEO of J2, commented: "We are delighted to have struck this exciting deal with Impact on the Sierra Plata Project, a large and highly prospective land package within a historic silver district. Under Mexican mining regulations, certain concessions require regular investment, and Sierra Plata lies outside Impact's current production focus, creating a compelling opportunity for J2 to advance the project.

"Sierra Plata hosts five historic silver mines and numerous historic workings. The historic, multi-level San Miguel Mine, which ceased production in the 1930s, is understood to extend from Grupo México ground into the Sierra Plata Project. We believe that at current silver prices San Miguel is a strong candidate for a production restart, which would obviously be an exciting catalyst for J2.

"Beyond visiting several historic mines and workings, our team's recent site visit to Sierra Plata confirmed multiple vein systems and structural trends in and around the project. Prior work by Impact indicates that important regional mineralized trends extend across the Sierra Plata land package. With Impact focused on its core producing areas, J2 is well positioned to advance exploration on this important part of the broader district.

"Through this agreement, we expect to benefit from Impact's experienced local technical teams, established infrastructure, and strong community relationships. The region also hosts several nearby processing facilities, including those operated by Impact, which could provide valuable optionality should Sierra Plata advance toward production of silver and antimony."

Mr. Lamb added: "I am also delighted to welcome Simon Clarke to the board. Simon has helped build and lead several precious- and critical-minerals companies from inception to valuations exceeding US$1 billion, and his experience will add significant value as we advance Sierra Plata."

About Simon Clarke

Simon Clarke brings nearly 30 years of experience building resource companies and executing successful capital-markets and growth strategies, with a focus on critical minerals, energy, and precious metals.

Mr. Clarke is currently CEO, President, and Director of American Critical Minerals Corp., and Executive Chair and Director of Myriad Uranium Corp. He has direct experience in the silver sector, having served on the boards of several public exploration companies and as the original CEO and Director of Apollo Silver Corp., which focuses on advanced-stage silver projects in California and Mexico.

From 2020 to 2024, Mr. Clarke served as CEO and Director of American Lithium Corp., during which time the company's market capitalization reached approximately $1.2 billion at the height of the lithium cycle. He was also a co-founder, CEO, and Director of M2 Cobalt Corp., which was acquired by Jervois Global in 2019, and a co-founder of Osum Oil Sands Corp., which produced more than 20,000 barrels of oil per day prior to its acquisition by Waterous Energy Fund in 2021.

Mr. Clarke holds an LLB and Diploma in Legal Practice from Aberdeen University, Scotland.

About the Sierra Plata Project

The Sierra Plata Project covers approximately 21.5 square kilometres and is located roughly 10 kilometres northwest of the historic mining city of Taxco, Guerrero State, Mexico. The property hosts five past-producing silver mines, with additional historic mines and workings located immediately adjacent to the project, where lithological trends and structures extend directly into the Sierra Plata land package.

For example, the San Miguel Mine, a three-level underground operation that operated until 1931, is understood to occur partially within the project area. Historic grab samples from San Miguel reportedly assayed up to 414 g/t Ag and 0.447 g/t Au, with mineralization consisting of quartz-hosted argentite with galena and pyrite displaying classic epithermal textures. Argillic alteration is present in the wall rocks, and the historically exploited vein, approximately 40 cm wide, represents an oblique offshoot from a main northwest-southeast-trending structure that crosscuts the Sierra Plata Project.

Adjacent to the Sierra Plata Project there is also a large, fine-grained manto-style stibnite occurrence hosted in sandstone, with mineralization trending directly into Sierra Plata. Previous grab samples from this occurrence reportedly returned over-limit antimony values (>10,000 ppm Sb). Elevated antimony values have already been identified within the Sierra Plata Project along this major structure, providing compelling exploration targets.

Graham Giles, VP Exploration of J2, commented: "The Sierra Plata Project has benefited from extensive prior work completed by Impact Silver, allowing J2 to advance exploration efficiently. Approximately half of the property has been mapped, and multi-element silt geochemistry has been completed across the drainage systems. Satellite surveys have identified widespread argillic alteration, which may represent the upper portions of an epithermal system. This interpretation is supported by elevated mercury, antimony, and arsenic values, suggesting the potential for higher-grade mineralization at depth. In addition to the five historic silver mines within the project, there are numerous historic workings that remain largely untested."

Antimony Strategy

Beyond its silver potential, the Sierra Plata Project provides J2 with strategic exposure to antimony, a metal that has gained increasing attention due to its importance in defence, energy storage, flame retardants, and emerging technologies, as well as recent supply-chain constraints. Antimony production is currently highly concentrated globally, and the metal has been designated as critical by multiple jurisdictions, including the United States and the European Union.

The Sierra Plata Project is located immediately adjacent to, and structurally continuous with, historic antimony mineralization, including a large manto-style stibnite occurrence hosted in sedimentary rocks. Structural trends associated with this mineralization extend directly into the Sierra Plata land package, and elevated antimony values have already been identified within the project area.

J2's exploration strategy will initially focus on silver-dominant targets, while systematically evaluating antimony occurrences as part of an integrated, multi-element exploration approach.

Terms of the Option

Impact has granted the Company the option to acquire 100% of the Sierra Plata Project, subject to the following terms:

Initial Consideration: Within 3 business days of receipt of approval by the TSX Venture Exchange, J2 shall issue to Impact subscription receipts with an aggregate deemed value of C$250,000. The subscription receipts shall automatically exchange into common shares of J2 on the date that is 4 months following December 19, 2025 (the "Effective Date"). The deemed price per subscription receipt shall be J2's closing price on the Effective Date.

Year 1: On or before the date that is 12 months from the Effective Date, J2 shall conduct qualifying work on Sierra Plata of at least MXN$1,805 per hectare (currently ~C$138). J2 shall also issue to Impact consideration equal to the greater of: (a) 1,500,000 common shares of J2, with up to 25% of such consideration payable in cash at Impact's election, valued based on the 30-day volume-weighted average trading price of J2 common shares up to the trading day before the issue date ("30-day VWAP"); and (b) C$75,000.

Year 2: On or before the date that is 24 months from the Effective Date, J2 shall conduct qualifying work on Sierra Plata of at least C$400,000. J2 shall also issue to Impact consideration equal to the greater of: (a) 2,000,000 common shares of J2, with up to 25% of such consideration payable in cash at Impact's election based on a 30-day VWAP; and (b) C$125,000.

Year 3: On or before the date that is 36 months from the Effective Date, J2 shall conduct qualifying work on Sierra Plata of at least C$650,000. J2 shall also issue to Impact consideration equal to the greater of: (a) 3,000,000 common shares of J2, with up to 25% of such consideration payable in cash at Impact's election based on a 30-day VWAP; and (b) C$175,000.

Impact will be entitled to a 1.5% net smelter returns royalty on all minerals produced from the Project (the "NSR Royalty"), and J2 will have the right to purchase 50% of the NSR Royalty (reducing it to 0.75%) for C$1,500,000, exercisable at any time prior to or after commencement of commercial production.

J2 can accelerate its acquisition of 100% of Sierra Plata by making the payments described above and an additional payment of C$500,000 to Impact comprised of a combination of cash and shares of J2, the ratio of which shall be at Impact's election.

Qualified Person

Graham Giles P.Geo., J2's VP Exploration, is the Company's Qualified Person as defined by National Instrument 43-101, Standards of Disclosure for Mineral Projects. Mr. Giles has supervised, reviewed, and approved the technical information presented in this release.

About J2 Metals Inc.

J2 Metals Inc. is a Vancouver-based mineral exploration company focused on advancing critical-minerals and precious-metals projects in mining-friendly jurisdictions across Canada, the United States, and Mexico.

For further information, please contact:

Thomas Lamb
CEO and Director
J2 Metals Inc.
E-Mail: info@j2metals.ca

Neither the TSX-V nor its Regulation Services Provider (as that term is defined in the policies of the TSX-V) accepts responsibility for the adequacy or accuracy of this release.

Forward-Looking Statements

Mineralization hosted on adjacent and/or nearby properties is not necessarily indicative of mineralization hosted on the Company's property. This news release contains statements that constitute "forward-looking statements." Such forward-looking statements involve known and unknown risks, uncertainties and other factors that may cause the Company's actual results, performance or achievements, or developments to differ materially from the anticipated results, performance or achievements expressed or implied by such forward-looking statements. Forward-looking statements are statements that are not historical facts and are generally, but not always, identified by the words "expects," "plans," "anticipates," "believes," "intends," "estimates," "projects," "potential" and similar expressions, or that events or conditions "will," "would," "may," "could" or "should" occur.

Forward-looking statements in this release include, among others, statements relating to expectations regarding the projects, and other statements that are not historical facts. By their nature, forward-looking statements involve known and unknown risks, uncertainties and other factors which may cause our actual results, performance or achievements, or other future events, to be materially different from any future results, performance or achievements expressed or implied by such forward-looking statements. Such factors and risks include, among others: the Company may require additional financing from time to time in order to continue its operations which may not be available when needed or on acceptable terms and conditions acceptable; compliance with extensive government regulation; domestic and foreign laws and regulations could adversely affect the Company's business and results of operations; the stock markets have experienced volatility that often has been unrelated to the performance of companies and these fluctuations may adversely affect the price of the Company's securities, regardless of its operating performance.

The forward-looking information contained in this news release represents the expectations of the Company as of the date of this news release and, accordingly, is subject to change after such date. Readers should not place undue importance on forward-looking information and should not rely upon this information as of any other date. The Company undertakes no obligation to update these forward-looking statements in the event that management's beliefs, estimates or opinions, or other factors, should change.

Source: J2 Metals Inc.

[LoneClone] Impact Silver Intersects 18.83% ZnEq Over 4.95m Including 25.57% ZnEq Over 1.33...

LoneClone — 12/9/2025 2:58:11 PM

Impact Silver Intersects 18.83% ZnEq Over 4.95m Including 25.57% ZnEq Over 1.33m at the Plomosas Mine

newsfilecorp.com

December 09, 2025 11:24 AM EST | Source: IMPACT Silver Corp.

Vancouver, British Columbia--(Newsfile Corp. - December 9, 2025) - IMPACT Silver Corp. (TSXV: IPT) (OTCQB: ISVLF) (FSE: IKL) ("IMPACT" or the "Company") is pleased to announce further results from its underground drill program in the Santo Domingo Zone at its Plomosas zinc (lead-silver) Mine in northern Mexico.

SANTO DOMINGO ZONE DRILLING

New IMPACT drill intersections from the Santo Domingo Zone of the Plomosas Mine are as follows:

TABLE 2: SANTO DOMINGO ZONE DRILL RESULTS
Hole No.	From (metres)	To (metres)	Interval (metres)	Estimated True Width (metres)	Zinc (%)	Lead (%)	Silver (g/t)	ZnEq* (%)
UGSD-2509	13.10	13.60	0.50	0.47	12.75	0.82	9.50	13.63
And	71.60	72.00	0.40	0.38	15.65	1.54	11.90	17.02
And	81.55	81.95	0.40	0.38	3.67	8.26	20.30	8.98
UGSD-2511	36.25	37.10	0.85	0.84	26.30	6.45	34.70	31.33
UGSD-2512	29.40	31.47	2.07	2.07	10.60	9.43	24.00	16.70
And	55.05	60.00	4.95	4.95	13.83	7.43	22.99	18.83
Including	56.37	57.70	1.33	1.33	18.25	11.30	29.10	25.57
UGSD-2513	19.68	20.30	0.62	0.58	20.30	18.25	45.30	32.05
And	25.98	26.60	0.62	0.58	16.90	7.76	26.20	22.22
And	56.60	59.95	3.35	3.15	5.04	5.06	8.85	8.12
Including	56.60	57.63	1.03	0.97	12.45	7.89	20.10	17.55
UGSD-2515	50.84	51.60	0.76	0.54	9.16	4.98	10.70	12.29

*Zinc Equivalent (ZnEq) is calculated using recent metal prices of US$1.47/lb Zn, US$0.92/lb Pb and US$50.44/oz Ag, and metal recoveries of 90.5% Zn, 76.5% Pb, and 85.0% 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 drill holes are in the Santo Domingo area of IMPACT's active mine workings in the Plomosas Mine (see Figures 2&3). Drill holes UGSD-2510 and UGSD-2514 report no results because they encountered 4-6m of open space through previously unknown old mine workings where the Santo Domingo Zone was anticipated (see Figure 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.

CEO STATEMENT

President and CEO Frederick Davidson commented, "Drilling on the Santo Domingo Zone continues to return exceptional high-grade results extending the zone to the northeast. The location of these new intersections on extensions of current active mine workings allows for rapid and low-cost access and mine development. Drilling is continuing with the aim to define additional mineralization in the Plomosas mine area as well as nearby greenfields exploration targets."

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 Zone, the Juarez Zone and Santo Domingo Zone (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 19 years, IMPACT has developed multiple exploration zones into commercial production and has produced over 13.5 million ounces of silver, generating revenue of more than $307 million, with no long-term debt.

Plomosas Zinc-Lead-Silver District: Plomosas is a high-grade zinc producer in northern Mexico with extensive 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 (see Figure 1).

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/1K05giXmLZ

On behalf of IMPACT Silver Corp.

"Frederick W. Davidson"

President & CEO

For more information, please contact:
Jerry Huang
CFO | Investor Relations
O: (604) 664 7707 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
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: 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.

[LoneClone] IMPACT Silver Announces Q3 2025 Results with Revenue up 24% newsfilecorp.com ...

LoneClone — 11/27/2025 11:53:26 AM

IMPACT Silver Announces Q3 2025 Results with Revenue up 24%

newsfilecorp.com

November 27, 2025 9:00 AM EST | Source: IMPACT Silver Corp. Vancouver, British Columbia--(Newsfile Corp. - November 27, 2025) - IMPACT Silver Corp. (TSXV: IPT) (OTCQB: ISVLF) (FSE: IKL) ("IMPACT" or the "Company") is pleased to announce its financial and operating results for the third quarter and nine months ended September 30, 2025. The Company reports revenue of $10.7 million in Q3 2025, representing an 24% increase over revenue of $8.6 million in Q3 2024. The improvement in revenue is due to substantially higher silver prices during the period. Before amortization and depletion, mine operating income1 on a YTD basis was $5.6 million, compared to a loss of $0.8 million in 2024.The net loss in Q3 2025 improved to $0.6 million compared to a net loss of $3.1 million in Q3 2024.

Highlights:

Zacualpan (silver-lead-zinc) revenue was $8.7 million in Q3 2025, up from $6.1 million in Q3 2024 with increased production of 8% on a year over year basis. Revenue on a YTD basis was $23.3 million compared to $16.3 million in the first nine months of 2024.

Plomosas revenue on a YTD basis in 2025 increased to $7.9 million compared to $5.4 million.in the same period of 2024.

At Plomosas in the newly developed Juarez zone, the Company intersected 18.03% ZnEq over 2.6m including 23.70% ZnEq over 0.73m. and in a separate drill hole, 15.14% zinc equivalent over 3.07 metres with a high-grade interval of 24.69% zinc equivalent over 1.47 metres.

On September 17, 2025, the Company closed a $16.0 million bought deal LIFE Private Placement at $0.36 per unit. Each unit consists of one common share and one warrant which entitles the holder to purchase one common share at a price of $0.45 for two years.

At September 30, 2025 the Company had cash of $25.2 million and working capital of $27.3 million, up from $7.1 million in cash and $9.0 million in working capital on December 31, 2024.

In Q3 2025, the Company spent $1.3 million on exploration and on a YTD basis, the Company spent $3.2 million. This was split between Zacualpan and Plomosas.

"Our third-quarter results reflect significant progress in enhancing efficiencies at the Zacualpan silver-lead-zinc complex, positioning the Company to capitalize on near-record silver prices. Continued mine optimization and exploration have strengthened our foundation for long-term shareholder value, while production at Plomosas zinc-lead-silver asset improved substantially year over year, it continues to require additional rehabilitation and development to achieve production on a sustainable basis.. Management remains focused on improving grades, advancing operational efficiencies, and maximizing value amid record precious metal prices," said Fred Davidson, President & CEO.

Zacualpan Silver District

During Q3 2025, the Zacualpan-based Guadalupe mill processed 35,437 tonnes of mill feed, up from 32,901 tonnes in Q3 2024. Production was up during the quarter despite one ball mill not operating for approximately 84 days due to a major repair. Seasonal weather continued to cause power outages from the Mexican grid and delayed concentrate shipments to the smelter.

Despite the above, silver production from the Guadalupe complex in Q3 2025 was 150,394 oz, a 5% increase from 142,945 oz in Q3 2024. However, silver sales decreased by 1% over the same period in 2024 owing mostly to previously mentioned weather issues. The average mill head grade for silver in Q3 2025 was down by 2% to 157 g/t from 160 g/t in Q3 2024.

Revenue per tonne sold in Q3 2025 increased by 40% to $253.33 from $180.90 in Q3 2024 on higher commodity prices, while direct costs per tonne increased 23% to $180.69, allowing for margin expansion at the operation.

Plomosas High-Grade Zinc Mine

In the third quarter of 2025, Plomosas produced 9,957 tonnes at an average grade of 8.3% Zn, 4.5% Pb and 30.3 g/t Ag, bringing the YTD mill throughput to 37,704 tonnes, representing a 48% increase over YTD 2024 production of 25,536 tonnes. On a YTD basis, zinc, lead and silver sales increased by 34%, 62% and 16%, respectively.

Regular pauses in production due to mine optimization and development activities have provided management an opportunity to assess and re-evaluate processes. Continued improvements are underway, including mine development, expansion of the tailings pond, and the acquisition and rehabilitation of mobile equipment. In parallel, the mine successfully commissioned a new lead oxide recovery circuit following extensive metallurgical testing. This new system has been performing well, recovering up to 60% of lead oxide material which occurs locally in the mine that was previously unrecoverable by the prior operator.

Outlook

Following a strong quarter of efficient mine development and production at the Zacualpan silver-lead-zinc complex, along with a substantial year-to-date increase in production at Plomosas, the Company believes that it is well positioned to capitalize on record precious metal prices and its significant ongoing investment in exploration. As the Company heads into 2026, management is optimistic that that the Company can target improved grade and rising production levels while maintaining strict cost discipline. Supported by a robust balance sheet, the Company is actively evaluating shareholder value opportunities that leverage its extensive asset base and the significant, largely undeveloped exploration potential across both of its operations.

A recorded conference call reviewing the financial and production results of the quarter ended Sept 30, 2025 will be available on the Company website on November 27th, 2025 at api.newsfilecorp.com.

The information in this news release should be read in conjunction with the Company's Q3 2025 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.sedarplus.ca. All amounts are stated in Canadian dollars unless otherwise specified.

ABOUT IMPACT SILVER

IMPACT Silver Corp. (TSXV: IPT) is a successful intermediate mineral producer and 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 19 years, IMPACT has developed multiple exploration zones into commercial production and has produced over 13.7 million ounces of silver, generating revenue of more than $307 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. 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.

Additional information about IMPACT and its operations can be found on the Company website at www.impactsilver.com. Follow us on Twitter @IMPACT_Silver and LinkedIn at api.newsfilecorp.com

Qualified Person and NI 43-101 Disclosure

George Gorzynski, P.Eng., Vice President, Exploration and a Director of the Company, 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 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, criminal activity, future production, 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.

1 Mine operating earnings before amortization and depletion is a non-IFRS measure which the company believes provides meaningful information about the Company's financial performance. See "Non-IFRS MEASURES".

SOURCE: IMPACT Silver Corp.

[LoneClone] IMPACT Silver Intersects 15.14% ZnEq over 3.07m Including 24.69% ZnEq over 1.47...

LoneClone — 11/21/2025 12:06:37 PM

IMPACT Silver Intersects 15.14% ZnEq over 3.07m Including 24.69% ZnEq over 1.47m at the Plomosas Mine

newsfilecorp.com

November 20, 2025 1:26 PM EST | Source: IMPACT Silver Corp.

Vancouver, British Columbia--(Newsfile Corp. - November 20, 2025) - IMPACT Silver Corp. (TSXV: IPT) (OTCQB: ISVLF) (FSE: IKL) ("IMPACT" or the "Company") is pleased to announce further results from its 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 extension of the Juarez Zone of the Plomosas Mine are as follows:

TABLE 1: JUAREZ ZONE DRILL RESULTS - PLOMOSAS MINE
Hole No.	From (metres)	To (metres)	Interval (metres)	Estimated True Width (metres)	Zinc (%)	Lead (%)	Silver (g/t)	ZnEq* (%)
UGMJ-2546	72.00	72.70	0.70	0.55	17.95	0.65	9.90	18.76
UGMJ-2547	74.51	79.00	4.49	3.07	13.09	2.63	14.16	15.14
Including	76.85	79.00	2.15	1.47	22.08	3.27	18.95	24.69
Including	76.85	78.00	1.15	0.79	28.10	4.14	22.30	31.33
UGMJ-2548	75.60	85.45	9.85	6.40	1.57	4.54	9.58	4.41
Including	75.60	78.15	2.55	1.66	3.63	9.91	16.25	9.62
Including	77.10	78.15	1.05	0.68	6.26	19.25	25.90	17.62
Including	84.08	85.45	1.37	0.89	3.90	13.75	19.80	12.08
UGMJ-2549	84.30	87.20	2.90	1.65	0.60	6.73	5.99	4.43
Including	84.30	85.70	1.40	0.79	0.01	12.25	6.40	6.77
UGMJ-2550	94.75	100.05	5.30	2.98	2.53	9.66	10.08	8.10
Including	94.75	95.20	0.45	0.25	20.10	9.62	51.90	27.61
Including	98.50	100.05	1.55	0.87	2.71	30.10	17.50	19.40
UGMJ-2551	90.35	92.35	2.00	0.91	0.01	8.41	4.68	4.66
Including	91.85	92.35	0.50	0.23	0.01	26.10	5.80	14.04
UGMJ-2552	111.65	111.97	0.32	0.16	9.09	4.24	39.50	13.18

*Zinc Equivalent (ZnEq) is calculated using recent metal prices of US$1.47/lb Zn, US$0.92/lb Pb and US$50.44/oz Ag, and metal recoveries of 90.5% Zn, 76.5% Pb, and 85.0% 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. 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.

CEO STATEMENT

President and CEO Frederick Davidson commented, "We are pleased with these new high-grade drill intersections on extensions of the Juarez Zone adding mineralization for ongoing mining. The location of these intersections on extensions of our underground mining infrastructure allows us to readily expand our mining operations into these areas. We now have two drills testing extensions of near mine targets and have begun to carry out exploration drilling on other targets along the under-explored six kilometre CRD trend."

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 Zone, the Juarez Zone and Santo Domingo Zone (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 19 years, IMPACT has developed multiple exploration zones into commercial production and has produced over 13.5 million ounces of silver, generating revenue of more than $298 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 ramped 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 (see Figure 1).

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 api.newsfilecorp.com

On behalf of IMPACT Silver Corp.

"Frederick W. Davidson"

President & CEO

For more information, please contact:
Jerry Huang
CFO | Investor Relations
O: (604) 664 7707 or inquiries@impactsilver.com
C: (778) 679 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 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: 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 on the Juarez Zone.

To view an enhanced version of this graphic, please visit:
images.newsfilecorp.com

SOURCE: IMPACT Silver Corp.

[LoneClone] IMPACT Silver Announces Q2 2025 Financial Results with 27% Increase in Revenue ...

LoneClone — 8/25/2025 12:55:30 PM

IMPACT Silver Announces Q2 2025 Financial Results with 27% Increase in Revenue

newsfilecorp.com

August 25, 2025 10:39 AM EDT | Source: IMPACT Silver Corp.

Vancouver, British Columbia--(Newsfile Corp. - August 25, 2025) - IMPACT Silver Corp. (TSXV: IPT) (OTCQB: ISVLF) (FSE: IKL) ("IMPACT" or the "Company") announces its financial and operating results for the second quarter ended June 30, 2025. The Company is pleased to report revenue of $9.8 million for Q2 2025, representing a 27% increase over revenue of $7.7 million in Q2 2024, bringing year-to-date ("YTD") revenue to $20.5 million, which was driven by increased year over year production at Plomosas and strong commodity prices. Mine operating income before amortization and depletion in Q2 2025 was $1.6 million, representing a substantial improvement over the $0.2 million loss in Q2 2024. The loss for the quarter, including $0.5 million in deferred taxes, $1.1 million in exploration and $0.6 million in amortization and depletion, was $2.0 million. At quarter-end, the Company had $10.3 million in cash, $13.3 million in working capital, and no long-term debt. During the quarter, the Company closed a $5.2 million private placement financing, including participation from Trafigura Pte Ltd.

In 2024, the Company revised its accounting policies for exploration, and as a result, the Company expensed $1.1 million in exploration costs in Q2 2025 that previously would have been capitalized.

Fred Davidson, President & CEO of IMPACT, stated, "Our ongoing ramp-up at Plomosas, combined with strong commodity prices, has positioned the Company to deliver improved revenue in the second quarter and beyond. After several years of strategic positioning to capitalize on stronger silver prices, our exploration efforts are now bearing fruit, highlighted by the recently discovered Kena vein. This was accomplished while conducting a substantial rehabilitation effort at Plomosas and extensive upgrading and development programs at the Guadalupe mine. We anticipate that the remainder of 2025 and 2026 will further build on these successes, as we maintain our focus on improving grade, advancing development activities, and continuing exploration activity across both of our assets."

Operations Review

Zacualpan Silver-Lead Operation

YTD 2025, the Company processed 69,185 tonnes of mill feed at the Zacualpan/Guadalupe complex, representing a 4% improvement over the 66,797 tonnes process YTD 2024. During the quarter, extreme weather caused power outages from the Mexican grid and washouts along key haul roads, but throughput at Zacualpan has recovered since that event.

Silver production from the Guadalupe complex to June 30, 2025 was 295,131 ounces ("oz"), a 2% increase from 289,443 oz in the first half of 2024, while lead production increased by 15% and gold production improved by 58% to 237 oz from 150 oz in the comparative period in 2024. The average mill head grade for silver of 158 g/t to June 30, 2025 fell by 2% compared to 161 g/t in 2024. Revenue per tonne sold for the first six months in 2025 increased by 38% to $209.84 from $152.09 while direct costs per tonne decreased by 2% on a year over year basis to $138.69 from $141.53 in 2024.

Plomosas Zinc-Lead-Silver Operation

YTD 2025, the mill processed 27,747 tonnes, up 116% from 12,850 tonnes in the first half of 2024. The average grades for YTD 2025 were 8.4% zinc, 4.6% lead, and 30.0 g/t silver. Plomosas sales for the YTD included 1,744 tonnes of lead, 397 tonnes of zinc, and over 17,663 ounces of silver, representing an improvement of 108%, 114% and 49%, respectively, compared to YTD 2024.

After more than two years of rehabilitating mobile equipment, plant facilities, infrastructure, and the underground mine, production has significantly expanded. With the investment of improved equipment and facilities, YTD direct costs fell to $230.14/t in 2025 from $400.70/t in 2024. Development and drilling costs per tonne continue to resist reductions until larger mineral stopes can be established.

In the second quarter, unfavourable ground conditions required further development to access an area where the majority of the higher grade mill feed is located. As a result, production was sourced from two lower grade stopes plus development muck. Notwithstanding, revenue per tonne in the six months ended June 30, 2025 fell by only 1% to $216.04 compared to $217.26 in YTD 2024. The new development through more favourable ground and is expected to access to these higher-grade areas, supporting improved production going forward.

Outlook

Following several years of exploration focused on improving grades at Zacualpan, alongside the rehabilitation and development of Plomosas, the Company is now well positioned to capitalize on higher commodity prices within an enhanced production framework at both sites.

With increasing grades at Zacualpan expected following new discoveries and production at Plomosas, management anticipates that the remainder of 2025 and 2026 will be further supported by improving industry fundamentals, moderated cost inflation, and higher revenue per ton.

Coupled with a strong balance sheet, management plans to maintain active exploration activities and pursue strategic partnerships aimed at further increasing shareholder value over the investment horizon.

A recorded conference call reviewing the financial and production results of the quarter ended June 30, 2025 will be available on the Company website on August 26th, 2025 at www.impactsilver.com/s/ConferenceCalls.asp.

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 19 years, IMPACT has developed multiple exploration zones into commercial production and has produced over 13.5 million ounces of silver, generating revenue of more than $298 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. 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) 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 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, criminal activity, 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.

SOURCE: IMPACT Silver Corp.

[LoneClone] Impact Silver Intersects 18.03% ZnEq over 2.60m Including 23.70% ZnEq over 0.73m...

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
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 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.

[LoneClone] IMPACT Silver Intersects 10.38% Zinc over 3.94m Including 20.95% Zinc over 1.70m...

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

[LoneClone] Impact Silver Intersects 534.8 g/t Silver over 8.50m Including 2,320 g/t Silver...

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.

[LoneClone] Impact Silver Announces Q1 2025 Financial Results with Near-Doubling of Revenue...

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.

[LoneClone] Impact Silver Announces Closing of $3.9 Million Non-Brokered Private Placement ...

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

NOT FOR DISTRIBUTION TO U.S. NEWS SERVICES
OR FOR DISSEMINATION IN THE UNITED STATES

SOURCE: IMPACT Silver Corp.

[LoneClone] IMPACT Silver Announces Full Year 2024 Results With Record Revenue and a Return...

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.

[LoneClone] Impact Silver Announces $3.5 Million Non-Brokered Financing with a Lead Order ...

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.

[LoneClone] IMPACT Silver Intersects 597 g/t Silver over 2.77m and 1,460 g/t Silver over 0....

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
X (Twitter)
LinkedIn

To view an enhanced version of this graphic, please visit:
images.newsfilecorp.com

SOURCE: IMPACT Silver Corp.

[LoneClone] Impact Silver Intersects 14.13% Zinc over 2.2m Including 26.06% Zinc over 0.9m ...

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.

[LoneClone] Impact Silver Intersects 16.60% Zinc over 2.5m and 27.50% Zinc over 1.1m at the...

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.

[LoneClone] IMPACT Silver Announces Q2 2024 Results with Strong Revenue Growth of 40% on In...

LoneClone — 8/20/2024 3:20:34 PM

IMPACT Silver Announces Q2 2024 Results with Strong Revenue Growth of 40% on Increasing Plomosas Production

newsfilecorp.com

August 20, 2024 1:39 PM EDT | Source: IMPACT Silver Corp.

Vancouver, British Columbia--(Newsfile Corp. - August 20, 2024) - IMPACT Silver Corp. (TSXV: IPT) (OTCQB: ISVLF) (FSE: IKL) ("IMPACT" or the "Company") announces its financial and operating results for the second quarter ended June 30, 2024.

Overall revenue in Q2 2024 was $7.7 million, representing a significant 40% increase over Q2 2023 revenue of $5.5 million. Revenue in Q2 2024 includes $1.8 million from the Plomosas high-grade zinc mine up from $1.0 million in Q1 2024. The Plomosas high-grade zinc mine (acquired in April 2023) was brought online in late 2023 and therefore, year-over-year comparisons do not include any revenue or operating costs recorded in Q2 2023. Meanwhile, revenue at the Zacualpan silver-lead-zinc project increased to $5.9 million in Q2 2024 from $5.4 in Q2 2023 despite lower production on a year-over-year basis, owing mostly to stronger silver prices.

The mine operating loss (before amortization and depletion) in Q2 2024 was $0.2 million compared to income of $0.9 million Q2 2023 which did not include any start-up and operating costs from Plomosas. The Company continued to experience cost pressures at its mine sites, certain one-time costs associated with bringing the Plomosas mine online, and the negative effects of a strong Mexican Peso. The net loss in Q2 2024 was $2.6 million compared to a net loss of $0.9 million in Q2 2023.

Q2 2024 Consolidated Financial Overview

Revenue in Q2 2024 was $7.7 million, up from $5.5 million in Q2 2023.
Mine operating loss before amortization and depletion[1] in Q2 2024 was $0.22 million, compared to income of $0.9 million in Q2 2023.
The net loss in Q2 2024 was $2.6 million after foreign exchange expense and deferred income taxes totalling $0.6 million compared to net loss of $0.9 million in Q2 2023.
After investing $1.6 million in exploration expenditures and mining assets during the quarter, the cash position remained strong at quarter-end with $9.9 million and working capital of $8.8 million.
During the quarter, the Company closed a non-brokered "LIFE" and private placement of $8.6 million.
The Company has no long-term debt.

Q2 2024 Zacualpan Mine Production Overview

Mill throughput in Q2 2024 was 35,062 tonnes compared to 35,753 tonnes in Q2 2023.
Silver production during the period decreased by 2% to 152,152 oz compared to 155,744 oz in Q2 2023 while lead and gold production decreased on a year-over-year basis by 36% and 69%, respectively.
Revenue per tonne sold was $168.17 in Q2 2024, representing an increase of 8% compared to $155.67 in the same period of 2023.
Direct costs per production tonne were $153.26 in Q2 2024, representing an increase of 17% over Q2 2023 costs of $130.67 per tonne. Much of this increase is due to foreign exchange, a retroactive union labour settlement including associated bonuses, with the balance coming from inflation-related pressures in Mexico. On a Mexican Peso basis, costs for the first six months of 2024 were the same as the first six months of 2023.

Zacualpan Silver District Review

The Company's overall average mill head grade of 161 g/t during the period was down 1% year-over-year from 163 g/t in Q2 2023. Gold production during the period was temporarily reduced compared to the same period in 2023 as the Company adjusted mining efficiencies and improved recoveries from its gold-rich Alacran mine. The Company is continuing to focus on exploration and development of the mining district in Q2 2024, having drilled 5,243 meters over the last six months.

Stronger metal prices on a year-over-year basis are due to increased confidence of pending looser monetary policy in 2024 as well as geopolitical uncertainties emanating from Eastern Europe and the Middle East. A flight to safety has increased the flow of funds into commodities in general, and the mining sector in particular as investors seek protection from ongoing inflationary pressures. Notwithstanding, ongoing cost inflation continues to impact costs throughout the supply chain and labour network, despite a softening of these trends since late 2023. Moreover, the overall negative effect of a strong Mexican Peso continues to hamper the Company's profit margins. The rate of cost increases at Zacualpan may start to subside further in 2H 2024 as new labour contracts have provided some cost certainty while the Company works to improve throughput grade.

Q2 2024 Plomosas Mine Production Overview

The Plomosas high-grade zinc mine (acquired in April 2023) was brought online in late 2023 and production continues to ramp up
Mill throughput in Q2 2024 was 9,256 tonnes, up 157% from 3,594 tonnes in Q1 2024.
Since the start of 2024, the average zinc grade was 14%, lead was 8.7% and silver was 43.7 g/t.
Over the last six months, the Company drilled 14,377 meters to support ongoing and future production.
Production at the start of Q2 2024 was approximately 100 tpd (tonnes per day), compared to no production in the same period last year.
Costs at Plomosas stabilized over the first six months of 2024 despite ongoing costs related to site improvements and mine development, resulting in a $0.2 million cost decrease in Q2 2024 compared to Q1 2024.

Plomosas High-Grade Zinc Mine Review

Following the acquisition of the Plomosas high grade zinc (lead-silver) mine in April 2023, the Company was focused on rehabilitating the mine, plant and equipment, and commenced limited start-up operations in late 2023 while initiating an extensive exploration program. During Q2 2024, the Company accelerated the production ramp-up at Plomosas and expects continued growth in production levels, reaching 150-170 tpd by the end of Q3 2024 and eventually design capacity levels by late 2024/early 2025 of 225 tpd.

This production ramp up is reflected in the current financial results and should continue to play a larger role over the balance of 2024 and into 2025. As the operation reaches design capacity, investors should anticipate higher overall revenue from the project and an ongoing decrease in per tonne operating costs, as was the case in Q2 2024 compared to Q1 2024.

Fred Davidson, President & CEO of IMPACT, stated, "During the second quarter, our team at Plomosas successfully met its objective of increasing production throughput following a substantive but continuing mine rehabilitation program. As we approach design capacity levels over the coming quarters, we expect to expand the mine's development and increase high-grade production activity at site. Meanwhile, our silver operations at Zacualpan are adapting to higher cost profiles by improving efficiencies in terms of grade and recoveries, which we expect to bear fruit in 2025. Our new discovery of the Keno vein is exciting and potentially the start of a trend of new higher grade production results beginning later this year."

Outlook - Grade Improvement at Zacualpan & Production Increasing at Plomosas

The Company's strong balance sheet provides it with a solid footing to continue to improve efficiencies at the Zacualpan silver-lead-zinc operation while allowing for ongoing production increases at the Plomosas high-grade zinc mine.

Through year-end 2024, management expects the production mix at Zacualpan to reflect higher grade mine development on the back of recently encouraging exploration results. The operation can be nimble as it seeks higher grade production mixes from its various legacy mines and new discoveries. Meanwhile at Plomosas, exploration activity is ongoing with up to two drill rigs working to develop the resource. These efforts should lead to ongoing improvement in Company-wide overall revenues while management expects cost pressures to continue to abate heading into 2025.

The Company's recent exploration success at Zacualpan and production increases at Plomosas reflects its position as one of just a handful of intermediate miners offering investors exposure to three distinct verticals within the mining sector, including exploration, production, and overall growth.

A recorded conference call reviewing the financial and production results of the quarter ended June 30, 2024 will be available on the Company website on August 21st, 2024 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.sedarplus.ca. All amounts are stated in Canadian dollars unless otherwise specified.

ABOUT IMPACT SILVER

IMPACT Silver Corp. (TSXV: IPT) is a successful intermediate mineral producer and explorer with three 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 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 12 million ounces of silver, generating revenue more than $271 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 expected to reach design capacity production levels over the next six months. Exploration potential at Plomosas is exceptional where only 600m 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.

Additional information about IMPACT and its operations can be found on the Company website at www.impactsilver.com. Follow us on Twitter @IMPACT_Silver and LinkedIn at api.newsfilecorp.com

Qualified Person and NI 43-101 Disclosure

George Gorzynski, P.Eng., VP Exploration and a 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. 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 continued ramp-up of operations, and improved operating revenues and decreasing costs.

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, criminal activity, 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, 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 statements, 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
X (Twitter)

LinkedIn

[1] Mine operating earnings before amortization and depletion is a non-IFRS measure which the Company believes provides meaningful information about the Company's financial performance. See "Non-IFRS MEASURES".

SOURCE: IMPACT Silver Corp.

[LoneClone] IMPACT Silver Announces Q1 2024 Financial Results with Improved Revenue and Inv...

LoneClone — 5/29/2024 12:25:12 PM

IMPACT Silver Announces Q1 2024 Financial Results with Improved Revenue and Investment

newsfilecorp.com

May 28, 2024 4:12 PM EDT | Source: IMPACT Silver Corp.

Vancouver, British Columbia--(Newsfile Corp. - May 28, 2024) - IMPACT Silver Corp. (TSXV: IPT) (OTCQB: ISVLF) (FSE: IKL) ("IMPACT" or the "Company") announces its financial and operating results for the first quarter ended March 31, 2024. The Company reports revenue of $5.3 million in Q1 2024, of which $4.3 million was from Guadalupe Mining Centre with $1.0 million from the start-up operations at the Plomosas mine which was acquired in April 2023 . There was a net loss during the period of $3.1 million, primarily from MLAZ (Plomosas zinc mine) as that company incurred $2.8 million in operating costs expensed during the quarter to upgrade the facilities.

Subsequent to quarter-end, the Company announced a non-brokered private placement financing of up to $10.2 million, and closed the first tranche for aggregate gross proceeds of $7.1 million. The second tranche is anticipated to close on or before the week of June 3, 2024. During the quarter, the Company continued to focus on exploration and development of its mining districts and spent $1.9 million on these programs.

The price of silver and zinc started to improve towards the end of the quarter as a more dovish policy from the U.S. Federal Reserve led to speculation of interest rate cuts in 2024. These gains were reinforced as it became clearer that inflation was trending towards the central bank's target of 2%.

Major Investment in Rehabilitation Setting Stage for Growing 2024 Production

Throughout the first quarter, management sought to accelerate maintenance, rehabilitation and underground development efforts at both mines including upgrading the underground railway track system and shaft at Zacualpan while redesigning the Plomosas mine plan and planning a low-cost solar and battery power solution at Plomosas. The second quarter has already seen significant upward price movement in commodity prices, namely for silver and zinc which are the Company's two main revenue sources. Additionally, the Company successfully negotiated a new labour agreement with the primary union at the Zacualpan silver operation, allowing for added cost certainty and more efficient production going forward.

Fred Davidson, President & CEO of IMPACT, stated, "We spent the first quarter positioning the Company for the future. Major rehabilitation efforts at the Zacualpan operation and the development at Plomosas mine, coupled with added visibility for a significant portion of our cost structure such as labour at Zacualpan and the potential low cost sustainable power at Plomosas, have positioned the Company to benefit from the current increase in commodity prices. Management expects operating profit to improve throughout the year as both operations ramp up to full design capacity and investments made over the last 12 months begin to bear fruit for investors."

Q1 2024 Review

Zacualpan Silver Operation

During the quarter, the Company milled a total of 31,735 tonnes of mill feed at the Zacualpan/Guadalupe complex, down from 35,825 tonnes in Q4 2023. The decline was due to maintenance at the mine including rebuilding the underground railway track system and shaft which resulted in production stops during the quarter. The Company returned to normal capacity levels by the end of the period.

As a result, silver production from the Guadalupe complex during the period was 137,291 oz compared to 156,430 oz in Q4 2023. The average mill head grade on a silver-equivalent basis in Q1 2024 was 161 g/t compared to 160 g/t in Q4 2023. Lower gold production was due to reduced recoveries as well a temporary stop in production at the gold-rich Alacran mine while conducting metallurgical studies. Alacran is the principal source of gold production and with improved recoveries is expected to return to production in the second half of 2024. Notwithstanding, revenue per tonne sold in the period was comparable at $134.59 to $135.80 in Q4 2023, while direct costs per tonne decreased to $128.12 from $152.38.

Plomosas Zinc Operation

At the Plomosas mine, the Company recommenced limited test production in October 2023, after a substantial stage one rehabilitation program following the acquisition of the mine in April 2023. In Q1 2024, the Plomosas mine continued the gradual start-up of operations processing 3,594 tonnes with a grade of 15.3% zinc. Typical start-up pauses are ongoing to review and optimize processes. Continued improvements are taking place, and the mine is expected to reach design capacity of 200 tpd later in 2024.

Outlook

Management believes the Company is well-positioned as an intermediate miner offering investors exposure to three distinct verticals across the mining sector, including exploration, production, and growth.

IMPACT continues to be one of the purest intermediate silver miners with nearly all the Company's revenue coming from silver-focused operations during the quarter. Later in 2024, the Company's high-grade Plomosas zinc mine is anticipated to meaningfully contribute to the overall revenue mix, especially as zinc has been one of the top base metal performers this year, with pricing up nearly 30% from 2024 lows in Q1. Meanwhile, the Company continues to seek increased gold production and aims to aggressively expand exploration activity at both mines to drive higher grade and profitability.

A recorded conference call reviewing the financial and production results of the quarter ended March 31, 2024 will be available on the Company website on May 30, 2024 at api.newsfilecorp.com.

The information in this news release should be read in conjunction with the Company's unaudited Q1-24 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.sedarplus.ca. 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 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 12 million ounces of silver, generating revenue more than $265 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 began preliminary mining and processing operations where upgrades to facilities and equipment continue. Exploration potential at Plomosas is exceptional with only 600m 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.

Additional information about IMPACT and its operations can be found on the Company website at www.impactsilver.com. Follow us on X (Twitter) api.newsfilecorp.com and LinkedIn at api.newsfilecorp.com.

Qualified Person and NI 43-101 Disclosure

George Gorzynski, P.Eng., 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. 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 continued start-up and ramp-up of operations, and improved operating profits.

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, community relations, criminal activity, 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.

SOURCE: IMPACT Silver Corp.

[LoneClone] Impact Silver Intersects 213 g/t Silver over 17.30m Including 1,400 g/t Silver ...

LoneClone — 5/6/2024 2:22:36 PM

Impact Silver Intersects 213 g/t Silver over 17.30m Including 1,400 g/t Silver over 0.75m on New Discovery at Guadalupe Mine

newsfilecorp.com

May 06, 2024 7:30 AM EDT | Source: IMPACT Silver Corp.

Vancouver, British Columbia--(Newsfile Corp. - May 6, 2024) - IMPACT Silver Corp. (TSXV: IPT) (OTCQB: ISVLF) (FSE: IKL) ("IMPACT" or the "Company") is pleased to announce a new silver vein discovery in its producing Guadalupe silver mine in the Royal Mines of Zacualpan Silver-Gold District, Mexico.

GUADALUPE UNDERGROUND DRILLING - NEW DISCOVERY

Underground drilling south from Level 140 of the Guadalupe Mine intersected new significant mineralization designated Kena Vein South, within 100-200 metres of active mine workings. Assays have been received from the first four drill holes in the zone:

TABLE 1: 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-001-24	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-UG-003-24	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

True widths are interpreted to be 85-100% of drill intervals. Hole UG-002-24 was drilled 50 metres to the northwest of the new discovery area and intersected low grades. The wide, high grade intersection in hole MPZ-UG-001-24 is interpreted to be locally thickened by stacked splay veins off the main vein.

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. Drilling is continuing.

CEO STATEMENT

President and CEO Frederick Davidson commented, "The Guadalupe mine first began production almost 500 years ago and we are still finding new discoveries in the swarm of veins that make up the mine complex mineralizing system. We are currently drilling this new Kena Vein South from the 140 metre level of the mine. We will next move the drill to lower and higher levels of the mine to fully define the vein for mining. The close proximity of the new vein to current active mine workings will allow for rapid and low cost mine development."

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 three 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 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: IMPACT has begun preliminary mining and processing operations at its 100% owned Plomosas high-grade zinc mine in northern Mexico where upgrades to facilities and equipment continue. Exploration upside potential is exceptional where only 600m 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, 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://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) 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, the timing of closing of the Offering, proceeds received and use of funds, 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. There is no assurance that (i) the Company will be able to complete the Offering on the terms set out above, or at all, or (ii) that the proceeds of the Offering will be expended as contemplated.

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, 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

SOURCE: IMPACT Silver Corp.

[LoneClone] IMPACT Silver Announces C$6.2 Million Non-Brokered Private Placement Financing ...

LoneClone — 4/30/2024 1:44:57 PM

IMPACT Silver Announces C$6.2 Million Non-Brokered Private Placement Financing

newsfilecorp.com

April 30, 2024 11:25 AM EDT | Source: IMPACT Silver Corp.

Vancouver, British Columbia--(Newsfile Corp. - April 30, 2024) - IMPACT Silver Corp. (TSXV: IPT) (OTCQB: ISVLF) (FSE: IKL) ("IMPACT" or the "Company") is pleased to announce a non-brokered private placement financing (the "Offering"), pursuant to the listed issuer financing exemption (LIFE) of National Instrument 45-106 Prospectus Exemptions ("NI 45-106") 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 $3,200,000 from the sale of up to 11,428,572 units (the "LIFE Units") at a price of $0.28 per LIFE Unit, and up to $3,000,000 from the sale of up to 11,111,111 standard private placement units (the "Standard PP Units") at $0.27 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 $0.34 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 $0.34 per Warrant Share for a period of 24 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 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, 2024 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.

This press release shall not constitute an offer to sell or the solicitation of an offer to buy securities in the United States, nor shall there be any sale of the securities in any jurisdiction in which such offer, solicitation or sale would be unlawful. The securities being offered have not been, nor will they be, registered under the U.S. Securities Act of 1933, as amended (the "1933 Act"), or under any U.S. state securities laws, and may not be offered or sold in the United States absent registration or an applicable exemption from the registration requirements of the 1933 Act and applicable state securities laws.

ABOUT IMPACT SILVER

IMPACT Silver Corp. (TSXV: IPT) is a successful producer-explorer with two mining projects in Mexico.

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 2024. Exploration potential at Plomosas is exceptional with only 600m of the 6 km-long structure having been explored to date. 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.

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 engineers are reviewing Capire for a potential restart of operations to leverage improving commodity prices. Over the past 17 years, IMPACT has developed multiple exploration zones into commercial production and has produced over 12 million ounces of silver, generating revenue more than $256 million.

Qualified Person and NI 43-101 Disclosure

George Gorzynski, P.Eng., 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, the timing of closing of the Offering, proceeds received and use of funds, 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. There is no assurance that (i) the Company will be able to complete the Offering on the terms set out above, or at all, or (ii) that the proceeds of the Offering will be expended as contemplated.

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, 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

NOT FOR DISTRIBUTION TO U.S. NEWSWIRE SERVICES
OR FOR DISSEMINATION IN THE UNITED STATES

SOURCE: IMPACT Silver Corp.

[LoneClone] IMPACT Silver Intersects 10.22% Zinc over 8.6m Including 30.10% Zinc over 1.1m ...

LoneClone — 4/18/2024 2:15:49 PM

IMPACT Silver Intersects 10.22% Zinc over 8.6m Including 30.10% Zinc over 1.1m at the Plomosas Mine

newsfilecorp.com

April 18, 2024 9:39 AM EDT | Source: IMPACT Silver Corp.

Vancouver, British Columbia--(Newsfile Corp. - April 18, 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 at the Tres Amigos Zone at its recently acquired Plomosas zinc (-lead-silver) mine in northern Mexico.

HIGHLIGHTS

The Tres Amigos drill program continues to confirm the presence of high-grade mineralization in the area of the Plomosas Mine.
- Drill hole TASC-24-28 intersected a wide interval grading 10.22% zinc, 0.50% lead and 8 g/t silver over 8.6 metres including 14.67% zinc, 0.66% lead and 11 g/t silver over 5.5 metres and including 30.10% zinc, 0.86% lead and 14 g/t silver over 1.1 metres.
- Drill hole TASC-24-29 intersected 10.54% zinc, 5.48% lead and 19 g/t silver over 3.6 metres including 17.95% zinc, 10.16% lead and 32 g/t silver over 1.85 metres.
- Drill hole TASC-24-32 intersected a wide 11.7 metre interval averaging 4.16% zinc, 2.43% lead and 13 g/t silver including a very high-grade section grading 30.10% zinc, 18.05% lead and 84 g/t silver over 0.8 metres.
The Tres Amigos Zone remains open for expansion and drilling is continuing.
High priority targets have been identified for drilling elsewhere on the property.

TABLE 1: PLOMOSAS DRILL RESULTS - TRES AMIGOS ZONE
Hole No.	From (metres)	To (metres)	Interval (metres)	Zinc (%)	Lead (%)	Silver (g/t)
TASC_24_027	231.00	235.90	4.90	6.19	2.66	21
Including	234.80	235.90	1.10	20.90	7.96	41
TASC_24_028	247.80	256.40	8.60	10.22	0.50	8
Including	250.90	256.40	5.50	14.67	0.66	11
Including	252.40	255.00	2.60	23.61	0.79	15
Including	253.90	255.00	1.10	30.10	0.86	14
TASC_24_029	247.10	250.70	3.60	10.54	5.48	19
Including	247.10	248.95	1.85	17.95	10.16	32
TASC_24_030	279.70	281.20	1.50	7.98	0.05	5
TASC_24_031	196.00	197.00	1.00	3.09	1.96	9
TASC_24_032	220.8	232.5	11.70	4.16	2.43	13
Including	231.70	232.50	0.80	30.10	18.05	84
TASC_24_033	90.90	92.35	1.45	6.93	0.91	7

Drilled intervals are interpreted to be approximate true widths. Other holes drilled on the eastern extension of the Tres Amigos Zone mining area intersected low grades.

CEO STATEMENT

President and CEO Frederick Davidson commented, "It is very encouraging that we continue to drill high grade intersections in the Tres Amigos Zone at the Plomosas Mine. These intersections are located close to current mine workings and represent near term high grade mineralization for mining once operations are fully underway. When the near mine drilling is completed, we will next move the drill to test high priority targets beyond the immediate mine area."

PLOMOSAS MINE GEOLOGY AND MINERALIZATION

The Plomosas mine, a historic high grade zinc producer in northern Mexico (Figure 1), was recently acquired by the Company which has undertaken a surface drill program in the Tres Amigos area of the mine and has conducted an underground sampling program in stopes of the Plomosas mine which were partially exploited by the previous operator. 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 marble and the Juarez limestone, where structural ground preparation along these two units resulted in concentrations of zinc, lead and silver (Figure 2).

The Company initiated an exploration drill program on the Juarez limestone in the Tres Amigos area to test mineralization near workings with known mineralization from historic work. Mineralization in the Juarez limestone generally forms pods of high-grade zinc and lead at and near the contact with an overlying shale, and drill results such as reported here indicate potential for a additional high grade mineralization in this area providing impetus for further exploration.

ABOUT IMPACT SILVER

IMPACT Silver Corp. (TSXV: IPT) (OTCQB: ISVLF) (FSE: IKL) 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 three 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 18 years, IMPACT has placed multiple zones into commercial production and produced nearly 13 million ounces of silver, generating revenues over $260 million, with no long-term debt.

Plomosas Zinc-Lead-Silver District: IMPACT has begun preliminary mining and processing operations at its 100% owned Plomosas high-grade zinc mine in northern Mexico. Exploration upside potential is exceptional where only 600m 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 silver and base metals. Assays for base metals >1% used an overlimit ICP method. For samples with >30% Zn a wet chemical method is used. 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

George Gorzynski, P.Eng., VP Exploration and 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/Bpekeuy170

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 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 mineralization.

To view an enhanced version of this graphic, please visit:
images.newsfilecorp.com

SOURCE: IMPACT Silver Corp.

[LoneClone] IMPACT Silver Intersects 6.9 Meters with 10.22% Zinc, 5.43% Lead and 27.7 g/t ...

LoneClone — 1/17/2024 1:58:58 PM

IMPACT Silver Intersects 6.9 Meters with 10.22% Zinc, 5.43% Lead and 27.7 g/t Silver in First Drill Results at the Plomosas Mine

newsfilecorp.com

January 17, 2024 6:30 AM EST | Source: IMPACT Silver Corp.

Vancouver, British Columbia--(Newsfile Corp. - January 17, 2024) - IMPACT Silver Corp. (TSXV: IPT) (OTCQB: ISVLF) (FSE: IKL) ("IMPACT" or the "Company") is pleased to announce initial results of an ongoing exploration program being undertaken at the recently acquired Plomosas zinc (-lead-silver) mine in northern Mexico. Highlights include drill hole TAS-23-18 which cut three mineralized intervals: 2.7 meters with 11.07% zinc and 9.24% lead, 6.9 meters with 10.22% zinc and 5.43% lead, and 3.6 meters with 10.91% zinc and 2.07% lead.

The Company has undertaken a surface drill program to test mineralization near the "Très Amigos" section of the mine and has conducted a sampling program in stopes of the Plomosas mine that were partially exploited by the previous operator.

HIGHLIGHTS

Initial drill results from the Très Amigos drill program have confirmed the presence of high-grade mineralization in the Juarez horizon, near accessible mine workings on levels 2, 5 and 7. Reported down-hole intervals are believed to represent true widths for the mineralization.
- Drill hole TAS-23-9 intersected three intervals, 5.70 meters (m) with 7.9% zinc, 5.3% lead and 23.2 g/t silver, 3.46m with 9.37% zinc, 5.24% lead and 25.9 g/t silver, and 1.5m with 11.89% zinc, 3.09% lead and 64.3 g/t silver.
- Hole TAS-23-16 cut two high grade intervals, 10.8 m with 6.30% zinc, 0.80% lead and 14.7 g/t silver, and 6.43 m with 8.99% Zinc, 1.16% Lead and 16.6 g/t Silver.
- Hole TAS-23-18 cut three intervals, 2.7 m with 11.07% zinc, 9.24% lead and 34.7 g/t silver, 6.9 m with 10.22% zinc, 5.43% lead and 27.7 g/t silver, and 3.6 m with 10.91% zinc, 2.07% lead and 50.0 g/t silver.

Fifty-eight samples taken over a strike length of approximately 50 meters in the 880 stope on Level 8 of the Plomosas mine (Mina Vieja horizon) have yielded an average of 12.1% zinc, 5.8% lead and 44 g/t silver over an average sample width of 1.8 meters.

Table 1.

HOLE	FROM (m)	TO (m)	Interval (m)	Zn %	Pb %	Ag g/t
TAS-23-006	151.16	155.09	3.93	4.09	0.66	7.5

TAS-23-007	173.62	176.58	2.96	4.89	0.06	11.7
	201.35	202.64	1.29	18.19	0.06	4.5

TAS-23-009	189.76	195.46	5.70	7.94	5.28	23.2
includes	192.00	195.46	3.46	9.37	5.24	25.9
	201.08	202.58	1.50	11.89	3.09	64.3

TAS-23-010	287.20	288.64	1.44	5.89	0.89	12.9
	323.17	324.00	1.41	4.30	0.67	23.9
	329.10	332.87	3.77	5.02	0.81	18.9

TAS-23-012	317.75	320.15	2.40	6.02	0.44	17.3

TAS-23-014	251.75	253.25	1.50	3.30	12.45	37.2

TAS-23-015	283.27	284.77	1.50	4.50	2.80	33.3

TAS-23-016	258.56	267.80	9.24	4.05	0.45	6.1
includes	261.28	263.26	1.98	9.15	1.37	12.7
and	265.95	267.80	1.85	8.67	0.72	12.6

TAS-23-018	271.62	274.32	2.70	11.07	9.24	34.7
	281.00	287.90	6.90	10.22	5.43	27.7
	308.25	311.85	3.60	10.91	2.07	50.0

Highlights of drill hole assays from the Plomosas mine, Tres Amigo program
Downhole intervals are approximate true widths.

Table 2. Drill hole data for holes in this release.

Hole ID	Easting	Northing	Elevation (m)	Azimuth	Inclination	Total depth (m)
TAS_23_001	476,176	3,216,563	1,143	245	-54	201.25
TAS_23_002	476,177	3,216,563	1,143	240	-75	231.00
TAS_23_003	476,180	3,216,565	1,143	55	-90	183.00
TAS_23_004	476,180	3,216,521	1,154	232	-80	202.50
TAS_23_005	476,182	3,216,523	1,154	55	-76	195.00
TAS_23_006	476,278	3,216,543	1,129	234	-44	253.50
TAS_23_007	476,278	3,216,544	1,129	235	-60	252.00
TAS_23_008	476,280	3,216,548	1,156	237	-75	321.00
TAS_23_009	476,278	3,216,543	1,129	235	-90	313.50
TAS_23_010	476,280	3,216,548	1,155	235	-79	351.00
TAS_23_011	476,423	3,216,645	1,149	235	-63	246.00
TAS_23_012	476,423	3,216,645	1,149	235	-77	321.00
TAS_23_013	476,435	3,216,628	1,148	235	-45	315.00
TAS_23_014	476,435	3,216,628	1,148	235	-60	376.50
TAS_23_015	476,435	3,216,628	1,148	235	-75	351.00
TAS_23_016	476,435	3,216,628	1,148	235	-68	321.75
TAS_23_017	476,435	3,216,628	1,148	235	-83	378.00
TAS_23_018	476,472	3,216,605	1,146	235	-59	312.00

Coordinates in UTM WGS84.

CEO STATEMENT

Chairman and CEO Fred Davidson commented, "We are pleased that our initial drilling and underground sampling program has returned high grades over mining widths in line with expectations at Plomosas. Our field crews have also begun exploration activity beyond the immediate mine area and have already identified some high priority drill targets. On the production side, the restart of mining and processing operations has gone well after an extended period of rehabilitation and upgrading of facilities and equipment, and we look forward to a full year of revenue generating production from Plomosas in 2024."

TRES AMIGOS DRILL RESULTS

The Plomosas mine, a historic high grade zinc producer in northern Mexico (Fig. 1), was recently acquired by the Company which has undertaken a surface drill program in the Très Amigos area of the mine and has conducted an underground sampling program in stopes of the Plomosas mine which were partially exploited by the previous operator. Mineralization at the Plomosas mine occurs as zinc-rich Carbonate Replacement Deposits along certain horizons of the local sedimentary rock sequence. Two main mineralized horizons have provided the bulk of historic production, the Mina Vieja marble and the Juarez limestone, where structural ground preparation along these two units resulted in concentrations of zinc, lead and silver (Figure 2).

The Company initiated an exploration drill program of the Juarez limestone in the Tres Amigos area to test mineralization near workings with known mineralization from historic work (Figure 3). Mineralization in the Juarez limestone generally forms pods of high-grade zinc and lead at and near the contact with an overlying shale, and drill results such as reported here indicate potential for a large body of mineralization in this area (Figure 4), providing impetus for further exploration.

The Company also conducted an underground sampling program in mine workings between levels 8 and 9 that the former operator partially exploited along the Mina Vieja horizon (Fig. 5). These high-grade results are being evaluated in relation to the mill upgrades the Company has recently completed.

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 three 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 12 million ounces of silver, generating revenues over $256 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 where only 600m of the 6 km-long structure have seen modern exploration to date. 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 take by the Company were analyzed by ALS Group, an internationally recognized analytical services provider, and by the laboratory at the Plomosas mine. Samples analyzed by ALS used fire assay with an AA finish for gold and a multielement ICP package for other metals. Assays for metals >1% used an overlimit ICP method. For samples with >30%Zn a wet chemical method is used. For analyses at the mine, all metals are analyzed by AA. For some samples with >30% Zn, the analysis from the mine lab was used if an overlimit from ALS was not available. 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
Craig Gibson, PhD, CPG, 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 Twitter @IMPACT_Silver and LinkedIn at api.newsfilecorp.com.

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 activity at the Plomosas mine,and estimated timing thereof, the potential for defining and extending the known mineralization, and plans for drilling and future operations at the Company's projects.

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, 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, 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 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
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.

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Figure 2: Schematic cross section of Plomosas Mine mineralization.

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Figure 3. Drill hole locations for Tres Amigos drill program with line of section for Figure 4.

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Figure 4. Cross section through hole TAS_23_016, Tres Amigos drill program.

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Figure 5. Plan and schematic view of the sampling on level 880 of Plomosas Mine (green on the inset map). The red color in the lower figure represents the shallowly dipping mineralized horizon defined on Levels 8 and 9 by historic workings and drill holes.

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SOURCE: IMPACT Silver Corp.

[LoneClone] IMPACT Silver Contracts Bell Internacional to Provide Tesla Battery Energy Syst...

LoneClone — 1/9/2024 3:38:49 PM

IMPACT Silver Contracts Bell Internacional to Provide Tesla Battery Energy System with Solar at the Plomosas Mine

January 09, 2024 9:00 AM EST | Source: IMPACT Silver Corp.

newsfilecorp.com

Vancouver, British Columbia--(Newsfile Corp. - January 9, 2024) - IMPACT Silver Corp. (TSXV: IPT) (OTCQB: ISVLF) (FSE: IKL) ("IMPACT" or the "Company") is pleased to announce that its Plomosas high-grade zinc mine, located in the State of Chihuahua in northern Mexico, has entered into a managed services contract with Bell Internacional de Mexico/TTN Energia for the planning, design, construction, and operation of Tesla Corp.'s commercial battery with solar, energy efficiency platform, expected to meaningfully reduce its operating costs and eliminate nearly all carbon emissions associated with round-the-clock, diesel powered generators.

The platform will provide a sustainable and green energy efficiency solution, using off-grid, PV (solar) green electrical energy generation and AI-controlled battery storage systems, that will cut nearly 90% the annual 2,400 metric tons of carbon dioxide emissions from diesel fuel combustion, thereby dramatically reducing IMPACT's carbon footprint at Plomosas.

About the Tesla Battery System with Solar

Clean electricity from a 2,200 kW solar plant will be supplied to an intelligent software controlled microgrid, equipped with a Tesla Megapack 2 XL 4-hour, 960 kW battery energy storage system (BESS), and continuously delivered to the load centers of the Plomosas mine, for current and future power demand requirements. The system will offer substantial power and expansion capacity for a near doubling of production from current design capacity levels.

Existing diesel generators will be kept onsite and activated automatically for occasional power generation support on consecutive cloudy or rainy days, and emergency backup. Notwithstanding, the battery's charge, which will be "topped up" regularly throughout daylight hours year-round, will be able to provide non-stop, clean power for up to 24 hours per day under current mine operation capacity.

Financial Implications

Immediate cost savings will take effect as contract pricing is based on a percentage of savings linked to the reduction of annual diesel usage, with "minimum saving safeguards" established to protect IMPACT should the price of diesel decline below an agreed upon "baseline" price that would otherwise reduce the amount of diesel cost savings to the Company.

Along with labour, diesel fuel is one of the largest operating costs at the Plomosas mine. No material capex is required by the Company for this project and savings are expected to amount to approximately 30-45% of the Company's current annual diesel input costs at Plomosas once the system is fully operational.

The Company anticipates the project to be fully integrated across the operation, providing nearly all the required power requirements to the Plomosas mine and plant by mid-Q2/2024.

President and CEO, Fred Davidson said, "We are thrilled to partner with world class contractors including Bell Internacional and TTN Energia, backed by the world-leading innovators at Tesla as we become the first truly green mining project. Shareholders can look forward to substantial cost savings and improving profit margins, as we solidify our position as a high-grade, low-cost zinc producer. Our first mover advantage will allow IMPACT to meaningfully reduce its carbon emissions while attracting the attention of potential partners, including some the world's most significant mining companies as we focus on growing production and exploration activity in 2024."

ABOUT IMPACT SILVER

IMPACT Silver Corp. (TSXV: IPT) is a successful producer-explorer with two mining projects in Mexico.

Plomosas Zinc-Lead-Silver District: Plomosas is a high-grade zinc producer in northern Mexico with exceptional exploration upside potential. The Company re-commenced operations in late 2023 and has plans for expansion in 2024. Exploration potential at Plomosas is exceptional with only 600m of the 6 km-long structure having been explored to date. 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.

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). The Company's engineers are reviewing Capire for a potential restart of operations to leverage improving commodity prices. Over the past 17 years, IMPACT has developed multiple exploration zones into commercial production and has produced over 12 million ounces of silver, generating revenue more than $256 million.

Qualified Person and NI 43-101 Disclosure

George Gorzynski, P.Eng., a Director and officer of IMPACT Silver Corp., is a "Qualified Person" within the meaning of NI 43-101, and has approved the technical information 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, 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 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, 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

SOURCE: IMPACT Silver Corp.

[LoneClone] IMPACT Silver Announces Q3 2023 Results with Revenue Up 26% and Positive Operat...

LoneClone — 11/21/2023 3:09:03 PM

IMPACT Silver Announces Q3 2023 Results with Revenue Up 26% and Positive Operating Income

newsfilecorp.com

Vancouver, British Columbia--(Newsfile Corp. - November 21, 2023) - IMPACT Silver Corp. (TSXV: IPT) (OTCQB: ISVLF) ("IMPACT" or the "Company") announces its financial and operating results for the third quarter and nine months ended September 30, 2023. The Company reports revenue of $4.8 million in Q3 2023, representing a 26% increase over revenue of $3.8 million in Q3 2022. The improvement in revenue is due to higher silver prices as well as increased gold and lead sales in the period compared to last year. Mine operating income (before amortization and depletion) in Q3 2023 was $0.01 million compared to a loss of $0.1 million in Q3 2022. The net loss in Q3 2023 was $1.5 million compared to a net loss of $1.2 million in Q3 2022 and includes significant G&A costs associated with the successful integration of the new Plomosas mine acquisition, which came online subsequent to quarter-end.

Q3 2023 and YTD Highlights:

The Company completed the final rehabilitation stages during the quarter to bring the Plomosas high-grade zinc mine back online subsequent to quarter-end.
After investing $3.8 million in exploration expenditures and mining assets during the quarter, the cash position remained strong at quarter-end at $8.9 million with working capital of $8.7 million.
YTD the Company has invested $7.3 million in exploration and mining assets of which $4.9 million was spent at Plomosas toward start up of operations.
The Company continues to have no long-term debt.

"Despite a challenging market, we are pleased with the performance of the Company in 2023. We have countered stagnant and declining commodity prices by substantially increasing our gold production while recently bringing online the transformative high-grade Plomosas zinc mine that will meaningfully diversify revenue and contribute to profitability as production continues to ramp up. With an eye on cost controls amidst a difficult inflationary environment coupled with a strong Mexican Peso, we continue to invest in exploration to improve silver grades at Zacualpan while aiming to grow our zinc resources and output at Plomosas," said Fred Davidson, President & CEO.

Zacualpan Silver District

The third quarter is typically a seasonally rainy period in the area leading to unpredictable production. In Q3 2023, mill throughput declined to 37,178 tonnes compared to 39,816 tonnes in Q3 2022. Despite this, revenue per tonne sold in Q3 2023 increased by 29% to $129.46 from $99.98 in Q3 2022. On a year-to-date basis, silver, lead and gold production have increased by 1%, 37% and 213%, respectively, while the average silver mill head grade was roughly flat at 160 g/t compared to 162 g/t in the same period of 2022.

The Company continued to focus on exploration and development of this mining district in Q3 2023 and spent $0.9 million on these programs.

Direct costs per tonne increased by 23% in Q3 2023 to $128.75 compared to $104.45 in the same period last year. Much of this increase is due to foreign exchange pressures stemming from the strength of the Mexican Peso, as well as ongoing inflation across the operation. Management has started to see some moderation of these negative effects late in the third quarter. As well, wetter than usual conditions during this rainy season led to higher transportation and processing costs.

Ongoing economic uncertainty and risk premiums have increased due to higher, sustained interest rates as well as growing geopolitical crises in Eastern Europe and the Middle East, resulting in a flight to safety to the US Dollar and selling pressure on commodities and other hard assets. While there are some expectations that interest rates have started to peak, investors remain risk-averse for the time being. Management has implemented strict cost controls but continues to invest in the operation, specifically through its ongoing exploration activities.

Plomosas High-Grade Zinc Mine

During the third quarter, the Company completed the finals steps to bring back online the 200 tpd Plomosas high-grade zinc mine in northern Mexico and subsequent to quarter-end, the mine successfully restarted production following a one-year hiatus (see IMPACT news release dated October 23, 2023). Plomosas adds significant and high-grade metal diversification through its zinc (-lead-silver) deposit as well as exciting exploration opportunities across the property's under explored area.

Exploration potential at Plomosas is exceptional with only 600m of the 6-kilometre-long structure assessed plus other exploration targets including untested copper-gold targets. Regionally, Plomosas lies in the same mineral belt as some of the largest CRD (carbon replacement deposits) in the world.

The Company currently has an offtake partner for material produced at Plomosas and has received several expressions of interest from other parties wishing to buy concentrate. As zinc prices continue to recover, management is considering expanding production beyond the current design capacity of 200 tpd.

Outlook

The Company's rehabilitation efforts at the Plomosas high-grade zinc mine, combined with the legacy silver producing assets at Zacualpan will provide substantial cash flow diversification and potential going forward. Management expects production to ramp up in early 2024 at Plomosas at a time when zinc prices have started to rebound due to reduced global supply levels stemming from the closure of higher cost, lower grade mines as well as other events impacting new supply. Meanwhile, some recent moderation in the Mexican Peso and indications of peaking inflation could bode well for margins going forward.

IMPACT maintains a strong balance sheet allowing for continued exploration at both mining districts. The Company has the potential to meaningfully add to production and resources at Plomosas which should lead to ongoing improvement in revenues and add shareholder value while management expects cost pressures to continue to abate heading into 2024.

The Company's growth is expected to reflect its strong position as one of just a handful of intermediate miners offering investors exposure to three distinct verticals across the silver and zinc mining sector, including exploration, production, and growth.

A recorded conference call reviewing the financial and production results of the quarter ended September 30, 2023 will be available on the Company website on November 23, 2023 at www.impactsilver.com/s/ConferenceCalls.asp.

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.sedarplus.ca. All amounts are stated in Canadian dollars unless otherwise specified.

ABOUT IMPACT SILVER

IMPACT Silver Corp. (TSXV: IPT) is a successful intermediate mineral producer and explorer with three 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 engineers are reviewing Capire for a potential restart of operations to leverage improving commodity prices. Over the past 17 years, IMPACT has developed multiple exploration zones into commercial production and has produced over 12 million ounces of silver, generating revenue more than $256 million.

Plomosas Zinc-Lead-Silver District: Plomosas is a high-grade zinc producer in northern Mexico with exceptional exploration upside potential. The Company re-commenced operations and has plans for expansion in 2024. Exploration potential at Plomosas is exceptional with only 600m of the 6 km-long structure having been explored to date. 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.

Additional information about IMPACT and its operations can be found on the Company website at api.newsfilecorp.com. Follow us on Twitter @IMPACT_Silver and LinkedIn at api.newsfilecorp.com.

Qualified Person and NI 43-101 Disclosure

George Gorzynski, P.Eng., 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.

Footnotes:
1. Reference: Ristorcelli, S.J. & Gorzynski, G. (2016). Technical Report on Mineral Resources for the Capire Silver-Lead-Zinc Project, Pedro Ascencio Alquisiras Municipality, Guerrero, Mexico. Prepared for IMPACT Silver Corp. by Mine Development Associates, Reno, Nevada. 82 pages. Available on www.sedarplus.ca.

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 the potential for defining and extending the known mineralization at Plomosas, and plans for drilling and future operations at the Company's projects.

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.

[LoneClone] IMPACT Silver Announces Production Restart at the Recently Acquired Plomosas Hi...

LoneClone — 10/23/2023 12:13:05 PM

IMPACT Silver Announces Production Restart at the Recently Acquired Plomosas High-Grade Zinc Mine

newsfilecorp.com

Vancouver, British Columbia--(Newsfile Corp. - October 23, 2023) - IMPACT Silver Corp. (TSXV: IPT) (OTCQB: ISVLF) ("IMPACT" or the "Company") is pleased to announce first production under the Company's ownership at the recently acquired high-grade Plomosas zinc deposit located in the State of Chihuahua in northern Mexico.

Following the acquisition of the Plomosas mine in April 2023 (see IMPACT news release dated April 3, 2023), the Company embarked on an extensive rehabilitation and upgrade program at the site, including inside the mine, at the mill and on all associated mobile equipment and infrastructure. As well, new technical and supervisory staff were added to restart production which had been halted since late 2022 under the previous owner.

Fred Davidson, President & CEO stated, "This is a tremendous milestone for our Company as we embark on our next phase of growth. When we bought the Plomosas mine earlier this year, we remained steadfast in our ability that we could bring the asset back into production on time and on budget. I would like to thank our exceptional technical team for a job well done. Our shareholders can now look forward to a diversified mix of high-grade zinc at Plomosas in addition to our legacy silver producing assets at the Royal Mines of Zacualpan, which are now in their 17th year of continuous production and revenue generation."

The Company has reached a significant milestone in shipping the first concentrate to the smelter after restarting production following an intensive effort initiated just five months ago. Mine planning and rehabilitation have been ongoing over the summer including replacing underground equipment and dewatering activities inside the mine. Scoop trams and underground trucks have been actively extracting material with volume increasing on a regular basis as initial processing levels have been achieved at the mill. Management will make modifications and adjustments as needed as it targets design processing capacity of approximately 200 tpd in H1/2024 with plans to then further expand production.

Images 1-2. - Mill Rehabilitation

To view an enhanced version of this graphic, please visit:
images.newsfilecorp.com

ABOUT IMPACT SILVER

IMPACT Silver Corp. is a successful intermediate mineral producer and explorer with three 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). Company engineers are reviewing Capire for a potential restart of operations. Over the past 17 years, IMPACT has developed multiple exploration zones into commercial production and has produced over 12 million ounces of silver, generating revenue more than $241 million.

Plomosas Zinc-Lead-Silver District: Plomosas is a high-grade zinc-lead-silver producer in northern Mexico with exceptional exploration upside potential where only 600m of the 6 km-long structure has been explored to date. 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.

Additional information about IMPACT and its operations can be found at www.impactsilver.com. X (Twitter) @IMPACT_Silver and LinkedIn api.newsfilecorp.com

Qualified Person and NI 43-101 Disclosure

George Gorzynski, P.Eng., 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. 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 restart of operations at Capire , and exploration and production potential of the Company's projects.

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 except as required by law.

[LoneClone] IMPACT Silver Commences Trading on the U.S. OTCQB Exchange Under the Symbol ISVL...

LoneClone — 10/2/2023 12:54:46 PM

IMPACT Silver Commences Trading on the U.S. OTCQB Exchange Under the Symbol ISVLF

newsfilecorp.com

Vancouver, British Columbia--(Newsfile Corp. - October 2, 2023) - IMPACT Silver Corp. (TSXV: IPT) (OTCQB: ISVLF) ("IMPACT" or the "Company") is pleased to announce that its shares are now trading in the USA on the OTCQB Market under the symbol "ISVLF". The Company's shares also continue to trade in Canada on the TSX Venture Exchange under the symbol "IPT".

The Company's upgrade to the OTCQB market along with ongoing eligibility for electronic clearing and settlement through The Depository Trust Company ("DTC"), is expected to provide investors with streamlined market standards and transparency in line with the Company's current obligations being listed on the TSX Venture Exchange. To qualify for the OTCQB, listed companies must meet stringent financial standards and provide top level corporate governance and compliance with applicable securities laws.

Fred Davidson, President & CEO stated: "The graduation of the Company's shares to the OTCQB not only points to the strong corporate profile of IMPACT Silver but is also timely as the Company embarks on the final steps of the transformational refurbishment of the recently acquired high-grade zinc mine at Plomosas, representing a significant growth step to complement our existing producing silver assets at the Royal Mines of Zacualpan."

The Company would like to thank Becky Popoff and B. Riley Financial for their sponsorship in this listing.

Investors can receive real-time quotes for the Company in the USA at www.otcmarkets.com.

ABOUT IMPACT SILVER

IMPACT Silver Corp. (TSXV: IPT) is a successful intermediate mineral producer and explorer with three 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, and Footnote 1 below for technical report reference) Company engineers are reviewing Capire for a potential restart of operations to leverage improved commodity prices. Over the past 17 years, IMPACT has developed multiple exploration zones into commercial production and have produced over 12 million ounces of silver, generating revenue more than $241 million.

Plomosas Zinc-Lead-Silver District: Plomosas is a high-grade zinc-lead-silver producer with exceptional exploration upside potential. The Company aims to recommence operations in the near term followed by plans for expanding operations in 2024. Exploration potential at Plomosas is exceptional with only 600m of the 6 km-long structure having been explored to date. 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.

Additional information about IMPACT and its operations can be found on the Company website at www.impactsilver.com. Follow us on Twitter @IMPACT_Silver and LinkedIn at api.newsfilecorp.com.

Qualified Person and NI 43-101 Disclosure

George Gorzynski, P.Eng., 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.

Footnotes:
1. Reference: Ristorcelli, S.J. & Gorzynski, G. (2016). Technical Report on Mineral Resources for the Capire Silver-Lead-Zinc Project, Pedro Ascencio Alquisiras Municipality, Guerrero, Mexico. Prepared for IMPACT Silver Corp. by Mine Development Associates, Reno, Nevada. 82 pages. Available on www.sedarplus.ca.

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 the potential for defining and extending the known mineralization at Plomosas, and plans for drilling and future operations at the Company's projects.

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.

[LoneClone] IMPACT Silver Announces Q2 2023 Results with Revenue up 57% and Strong Operating...

LoneClone — 8/28/2023 1:39:36 PM

IMPACT Silver Announces Q2 2023 Results with Revenue up 57% and Strong Operating Income

newsfilecorp.com

Vancouver, British Columbia--(Newsfile Corp. - August 28, 2023) - IMPACT Silver Corp. (TSXV: IPT) (OTC Pink: ISVLF) (FSE: IKL) ("IMPACT" or the "Company") announces its financial and operating results for the second quarter ended June 30, 2023. The Company reports revenue of $5.5 million in Q2 2023, representing a 57% increase over revenue of $3.5 million in Q2 2022. Mine operating income (before amortization and depletion) in Q2 2023 was $0.90 million compared to $0.03 million Q2 2022. The overall improvement in revenue is due in part to increased gold and silver sales. The net loss in Q2 2023 was $0.9 million compared to a net loss of $0.8 million in Q2 2022. The net loss in the period includes $0.5 million for G&A costs related to the new Plomosas acquisition as well as one-time costs related to the marketing of the Company's recent non-brokered private placement.

The Company maintains a strong balance sheet with $13.7 million in cash and no long-term debt. During the period, the Company completed a $9.0 million, non-brokered private placement and ended the quarter with working capital of $13.3 million.

On April 3, 2023, the Company closed the acquisition of the Plomosas zinc-lead-silver mine for a total purchase price of US$6.0 million, consisting of US$3.0 million in cash and the balance in the form of IMPACT shares (a total of 11,441,647 shares were issued and are subject to certain restrictions). Post closing adjustments are being made based on changes in working capital.

Zacualpan Silver District

The Company's average mill head grade of 163 g/t during the period was up 2% on a year over year basis, with increased gold production and sales in Q2 2023 from the new Alacran Mine. Higher overall production levels across the Company including silver, lead and gold helped contribute to a 63% increase in revenue per tonne of $155.67 in Q2 2023 compared to $95.44 in Q2 2022.

The Company continued to focus on exploration and development of the Royal Mines of Zacualpan and the Plomosas mining districts in Q2 2023 and spent $2.8 million on these programs.

Uncertainty revolving around the state of global economies have contributed to continued demand for precious and base metals during the period as investors continued their flight to safety to combat inflation. Moreover, there are strong signs that softer monetary policy is on the horizon as the rate of interest rate increases has started to slow, adding further support to silver and gold prices during the period. While cost inflation pressures continue to persist throughout the supply chain and labour network, much of the year over year cost increases are owed to negative foreign exchange pressures from the strengthening Mexican peso. This contributed to an increase in direct costs per production tonne in Q2 2023 of $130.67 compared to $94.86 in Q2 2022. Costs may continue to increase in 2023, albeit there is evidence of a slowing trend in this regard.

Plomosas High-Grade Zinc Mine

During the second quarter, the Company closed on its transformative acquisition of the Plomosas high-grade zinc mine in northern Mexico. The acquisition provides the Company with a meaningful new chapter as it expands IMPACT's production profile from one to two producing operations. Plomosas adds significant and high-grade metal diversification through its high-grade zinc deposit as well as exciting exploration potential across the property's largely unexplored property area.

During the quarter, the Company began a major rehabilitation program at the mine to bring the asset back into production following a near one-year hiatus. As of June 30, 2023, the Company was approaching the later stages of its planned rehabilitation at Plomosas both on time and on budget, including improvements and upgrades at the mine, mill, plant and surrounding infrastructure.

Fred Davidson, President & CEO of IMPACT, stated, "During the second quarter, our team at Zacualpan continued to execute on a grade-improvement and cost reduction plan which began in 2022. These efforts have started to bear fruit as seen with the increase in average grade milled and specifically, the impressive increase in gold production on a year over year basis. While cost pressures continue to persist, improvements and efficiencies across the system have started to offset these trends. Meanwhile, our transformative new Plomosas mine is on the doorstep to restarting production. This top-quartile in zinc grade mine is in an established mining region and will soon start to generate significant revenue diversification for the Company as we consider further potential expansion of this new producer in 2024."

Q2 2023 Financial Overview

On April 3, 2023, the Company paid a total of US$6.0 million to acquire the Plomosas zinc-lead-silver mine, consisting of US$3.0 million in cash and the balance in the form of IMPACT shares (a total of 11,441,647 shares were issued and are subject to certain restrictions). Post closing adjustments are being made based on changes in working capital, as agreed to between the two parties.

Revenue in Q2 2023 was $5.5 million, up from $3.5 million in Q2 2022. No revenue in Q2 2023 is attributed to the new Plomosas mine acquisition.

Mine operating earnings before amortization and depletion in Q2 2023 was $0.90 million, compared to $0.03 million in Q2 2022.

The net loss in Q2 2023 was $0.9 million compared to net loss of $0.8 million in Q2 2022 The net loss in the period includes $0.5 million for G&A costs related to the new Plomosas acquisition as well as one-time costs related to the marketing of the Company's recent non-brokered private placement.

After investing $2.8 million in exploration expenditures and mining assets during the quarter, the cash position remained strong at quarter-end with $13.7 million with working capital of $13.3 million.

During the quarter, the Company closed an oversubscribed, non-brokered private placement for an additional $9.0 million.

The Company has no long-term debt.

Q2 2023 Production Overview

Mill throughput in Q2 2023 was 35,753 tonnes compared to 37,183 tonnes in Q2 2022.

Silver production during the period increased by 1% to 155,744 oz compared to 154,001 oz in Q2 2022 while contributions from lead and gold saw production increases on a year-over-year basis of 49% and 383%, respectively.

Revenue per tonne sold was $155.67 in Q2 2023, representing an increase of 63% over the same period in 2022 of $95.44.

Direct costs per production tonne were $130.67 in Q2 2023, representing an increase of 38% over Q2 2022 costs of $94.86 per tonne. Much of this increase is due to foreign exchange, with the balance coming from inflation-related pressures in Mexico.

Exploration Review

At the Royal Mines of Zacualpan, management continues to focus its drill program in areas where it has seen ongoing success, such as the San Ramon and the Guadalupe Mine. Meanwhile, management is especially encouraged with developments at the Alacran mine as its elevated gold values could continue to improve the overall grade for the Zacualpan district operations and as a result, revenue per tonne.

Outlook

With a strong balance sheet, exploration potential at both of the mining districts, encouraging gold potential as well as the upcoming start-up of the Plomosas high-grade zinc acquisition, management believes the next 18 months will be transformative for the Company and its investors. These factors should lead to ongoing improvement in revenues while management expects cost pressures to continue to slow heading into 2024.

The Company's growth is expected to reflect its strong position as one of just a handful of intermediate miners offering investors exposure to three distinct verticals across the mining sector, including exploration, production, and growth.

A recorded conference call reviewing the financial and production results of the quarter ended June 30, 2023 will be available on the Company website on August 28, 2023 at api.newsfilecorp.com.

The information in this news release should be read in conjunction with the Company's Q2 2023 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.sedarplus.ca. All amounts are stated in Canadian dollars unless otherwise specified.

ABOUT IMPACT SILVER

IMPACT Silver Corp. (TSXV: IPT) is a successful intermediate mineral producer and explorer with three 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, and Footnote 1 below for technical report reference) Company engineers are reviewing Capire for a potential restart of operations to leverage improved commodity prices. Over the past 17 years, IMPACT has developed multiple exploration zones into commercial production and have produced over 12 million ounces of silver, generating revenue more than $241 million.

Plomosas Zinc-Lead-Silver District: Plomosas is a high-grade zinc-lead-silver producer with exceptional exploration upside potential. The Company aims to recommence operations in the near term followed by plans for expanding operations in 2024. Exploration potential at Plomosas is exceptional with only 600m of the 6 km-long structure having been explored to date. 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.

Additional information about IMPACT and its operations can be found on the Company website at www.impactsilver.com. Follow us on Twitter @IMPACT_Silver and LinkedIn at api.newsfilecorp.com.

Qualified Person and NI 43-101 Disclosure

George Gorzynski, P.Eng., 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.

Footnotes:
1. Reference: Ristorcelli, S.J. & Gorzynski, G. (2016). Technical Report on Mineral Resources for the Capire Silver-Lead-Zinc Project, Pedro Ascencio Alquisiras Municipality, Guerrero, Mexico. Prepared for IMPACT Silver Corp. by Mine Development Associates, Reno, Nevada. 82 pages. Available on www.sedarplus.ca.

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 the potential for defining and extending the known mineralization at Plomosas, and plans for drilling and future operations at the Company's projects.

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.

[LoneClone] IMPACT Silver Provides Construction Update at the High-Grade Zinc-Silver Plomosa...

LoneClone — 8/1/2023 2:30:15 PM

IMPACT Silver Provides Construction Update at the High-Grade Zinc-Silver Plomosas Property, Mexico

newsfilecorp.com

Vancouver, British Columbia--(Newsfile Corp. - August 1, 2023) - IMPACT Silver Corp. (TSXV: IPT) (OTC Pink: ISVLF) (FSE: IKL) ("IMPACT" or the "Company") is pleased to provide an update from the recently acquired Plomosas high-grade zinc-silver mine in Chihuahua State, Mexico.

"Significant progress has been made at Plomosas as the team nears operational status at the mine. Since closing the acquisition of Plomosas, our experienced team is nearing a major milestone with all rehabilitation efforts in the final stages both on time and within budget. We are excited to bring the mine and plant back online after a near one year hiatus". said IMPACT Silver President & CEO Fred Davidson.

The Company expects the Plomosas mine to contribute to the Company's existing silver production located to the south, in Zacualpan, Mexico. By diversifying the Company to include a meaningful zinc component against the backdrop of strong medium and long term fundamentals, management is transforming IMPACT into a diversified and growing production company with significant exploration potential.

Rehabilitation Update

Plant: All necessary components of the mill have arrived on site or have been refurbished with assembly currently in the final stages. Testing and modification of the plant is expected to start in late summer, with ramp up to design capacity of nearly 200 tpd expected over the coming months. Construction is now approximately 85% complete.

Figure 1. Plant Rehabilitation

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Figure 2. Ball Mill & Flotation Cells

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Tailings Pond: The Company has applied for the expansion of the current tailings pond which is expected to add at least an additional two years capacity. Meanwhile, an additional tailings pond is in the planning stages to accommodate years of future production and growth.

Figure 3. Power Infrastructure Improvements

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Underground Mine: Refurbishments to ventilation, electrical and lighting systems are ongoing as activity increases underground. Mining has begun and is expected to ramp up as the Company deploys additional equipment to the mine including scoop trams and underground trucks. Underground drilling to better define and expand resources has begun and drill permits for surface brownfield and greenfield exploration targets have been received.

Figure 4. Underground Activity

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Mine Planning: The exploration team has initiated its first phase of the 2023-2024 mine plan. This includes extraction of high-grade material in line with previous grades in excess of 13% Zn.

Workforce & Personnel: There are currently 70 Company employees on site and another 25 contract workers. The Company is fortunate to have inherited a strong workforce after the acquisition closed and is adding positions in specific areas centred around engineering, exploration and day-to-day operations.

ESG: While generally remote, the Company engages with the nearest communities to ensure ongoing support and coordination. The State of Chihuahua provides the mine with a strong and experienced labour force from which to draw talent. The Company is currently studying proposals to reduce its reliance on fossil fuels with plans to be an industry leader in decarbonization in the mining sector.

Figure 5. Mill Feed Management

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ABOUT IMPACT SILVER

IMPACT Silver Corp. (TSXV: IPT) is a successful intermediate mineral producer and explorer with multiple 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, and Footnote 2 for report reference). Company engineers are reviewing Capire for a potential restart of operations to leverage improving commodity prices. Over the past 17 years, IMPACT has developed multiple exploration zones into commercial production and has produced over 12 million ounces of silver, generating revenues of more than $241 million.

Plomosas Zinc-Lead-Silver District: Plomosas is a high-grade zinc-lead-silver producer with exceptional exploration upside potential. The Company is working to recommence operations in the near term followed by plans for expanding operations. Exploration potential at Plomosas is exceptional with only 600m of the 6 km-long structure having been explored to date. This is in addition to other exploration targets on the 3,019-hectare property including untested copper-gold targets with high-grade surface prospecting sampling1. Regionally, Plomosas lies in the same mineral belt as some of the largest carbonate replacement deposits in the world.

Additional information about IMPACT and its operations can be found on the Company website at www.impactsilver.com. Follow us on Twitter @IMPACT_Silver and LinkedIn at api.newsfilecorp.com.

Qualified Person and NI 43-101 Disclosure

George Gorzynski, P.Eng., a Director and officer 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) 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.

Footnotes:

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.

Reference: Ristorcelli, S.J. & Gorzynski, G. (2016). Technical Report on Mineral Resources for the Capire Silver-Lead-Zinc Project, Pedro Ascencio Alquisiras Municipality, Guerrero, Mexico. Prepared for IMPACT Silver Corp. by Mine Development Associates, Reno, Nevada. 82 pages. Available on www.sedar.com.

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 the potential for defining and extending the known mineralization at Plomosas and plans for drilling and future operations at the Company's projects.

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.

[LoneClone] IMPACT Silver Provides Update on the Recently Acquired Plomosas High-Grade Zinc...

LoneClone — 6/20/2023 4:41:16 PM

IMPACT Silver Provides Update on the Recently Acquired Plomosas High-Grade Zinc Mine

newsfilecorp.com

Vancouver, British Columbia--(Newsfile Corp. - June 20, 2023) - IMPACT Silver Corp. (TSXV: IPT) ("IMPACT" or the "Company") is pleased to provide a corporate update on the Company's recently acquired, high-grade Plomosas zinc-lead-silver mine located in Chihuahua State, Mexico.

Following the completion of the Plomosas mine acquisition (see IMPACT news release dated April 3rd 2023), the Company immediately commenced an extensive program at site to revitalize and upgrade operations and equipment, and bring on new technical and supervisory staff. Planned upgrades will allow for an expansion of production and an aggressive exploration program has been prepared to potentially grow the size of the existing resource.

Mine, Mill and Plant:

The Company expects to initially restart production in 2H/2023 at levels that allow management to consider further modifications and efficiencies, where required. More meaningful production levels approaching design capacity as well as associated revenue is expected in 1H/2024.

Mine planning and rehabilitation have been ongoing while the Company replaces and repairs underground equipment including scooptrams and underground trucks.

The Company is in the process of replacing mill foundations while upgrading the ball mill, conveyor and crushing systems, and flotation cells. Design capacity of the mill is 150 tpd with plans to expand.

Plans are in place to expand the existing tailings pond and concurrently, a new larger tailings pond is in the design and permitting stages. These efforts will provide some additional capacity to re-establish and grow output at the mill in the near-term, while providing the Company with substantial tailings capacity for future production increases.

Substantial cost saving options are potentially available to the Company as management considers alternate electric power options as well as various changes in mining methods and mineral processing technologies.

Exploration:

The Company is preparing stations for an underground drill program in the mine and drilling permits have been submitted for the upcoming surface program. One Company-owned surface drill rig has arrived on site, and a second (underground) rig is currently being manufactured and is expected to be delivered mid-summer.

In addition to the high-grade resource already established at Plomosas, substantial exploration potential exists across the 6km long structure on the property with just 600m having been explored to date. The current JORC mineral resource1 by the previous operator totals 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 cut-off at December 2021.

In recent years, a significant amount of the mill feed came from outside the known resource, providing encouragement that exploration drilling may substantially increase the Plomosas' resource over time.

The Company expects to deliver drill results later on in 2023 and early 2024 from its maiden exploration programs.

Other exploration targets on the property include untested intrusion-related gold-copper targets with historical high-grade grab samples from surface prospecting.

Photo 1. Ongoing Work at Plomosas Mill

To view an enhanced version of this graphic, please visit:
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ABOUT IMPACT SILVER

IMPACT Silver Corp. (TSXV: IPT) is a successful intermediate mineral producer and explorer with multiple 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 below, and Footnote 3 for report reference). Company engineers are reviewing Capire for a potential restart of operations to leverage improving commodity prices. Over the past 17 years, IMPACT has developed multiple exploration zones into commercial production and has produced over 12 million ounces of silver, generating revenues of more than $241 million.

Plomosas Zinc-Lead-Silver District: Plomosas is a high-grade zinc-lead-silver producer with exceptional exploration upside potential. The Company aims to recommence operations in the near term followed by plans for expanding operations. Exploration potential at Plomosas is exceptional with only 600m of the 6 km-long structure having been explored to date. This is in addition to other exploration targets on the 3,019-hectare property including untested copper-gold targets with high-grade surface prospecting samples2. Regionally, Plomosas lies in the same mineral belt as some of the largest carbonate replacement deposits in the world.

Additional information about IMPACT and its operations can be found on the Company website at www.impactsilver.com. Follow us on Twitter @IMPACT_Silver and LinkedIn at api.newsfilecorp.com

Qualified Person and NI 43-101 Disclosure

George Gorzynski, P.Eng., a Director and officer 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) 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.

Footnotes:
1. Plomosas mineral resources were reported by the previous mine owner, Consolidated Zinc Ltd. (CZL:ASX), on their website (https://api.newsfilecorp.com/redirect/YYqw3IngOk) 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 current reported mineral resources and is only reporting them as material recent 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.

2. 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.

3. Reference: Ristorcelli, S.J. & Gorzynski, G. (2016). Technical Report on Mineral Resources for the Capire Silver-Lead-Zinc Project, Pedro Ascencio Alquisiras Municipality, Guerrero, Mexico. Prepared for IMPACT Silver Corp. by Mine Development Associates, Reno, Nevada. 82 pages. Available on www.sedar.com.

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 the potential for defining and extending the known mineralization at Plomosas, and plans for drilling and future operations at the Company's projects.

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.

[LoneClone] IMPACT Silver Announces Q1 2023 Results Including Improved Revenue of $5.1 Mill...

LoneClone — 5/24/2023 11:50:31 AM

IMPACT Silver Announces Q1 2023 Results Including Improved Revenue of $5.1 Million from Increased Mill Throughput and Gold Production

newsfilecorp.com

Vancouver, British Columbia--(Newsfile Corp. - May 23, 2023) - 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, 2023 from its Royal Mines of Zacualpan mine operations in central Mexico. The Company reports revenue of $5.1 million in Q1 2023, representing a 10.4% improvement over revenue of $4.6 million in Q1 2022. Mine operating earnings (before amortization and depletion) in Q1 2023 was $0.6 million. The net loss during the period was $0.3 million compared to a net loss of $0.06 million in the same period of 2022.

While the average silver grade in Q1 2023 was flat on a year-over-year basis at 162 g/t, a combination of higher overall production levels and additional gold production helped contribute to a 7% increase in revenue per tonne sold of $126.96 in the period compared to $118.34 in the same period of 2022.

Economic headwinds and global growth concerns have helped silver prices benefit recently from a flight to safety standpoint and as a hedge against inflation, however there is a growing consensus that the world's leading economies may escape a deep recession, thereby improving the industrial outlook for silver as well. The combination of all these factors have provided cautious optimism vis-à-vis silver pricing going forward. However, inflation across the value chain remains rampant, and while there is some indication that this trend is slowing, the quarterly direct costs per tonne increased to $111.79 in Q1 2023 compared to $90.01 in Q1 2022. Of this increase, 6% was due to inflation in Mexico and a further 18% was due to foreign exchange. Costs may continue to increase in 2023, albeit at a potentially slower rate.

During the quarter, the Company continued to focus on exploration and development of its mining district and spent $0.8 million on these programs. Working capital at March 31, 2023 was strong at $15.7 million while the Company continues to remain well funded with a cash position of $14.3 million at March 31, 2023. Subsequent to quarter-end, the Company closed an oversubscribed, non-brokered private placement for an additional $9.0 million. The Company has no long-term debt.

Fred Davidson, President & CEO of IMPACT, stated, "During the first quarter, we continued to deal with industry-wide inflation pressures within the supply chain as well as through our labour and support networks. Notwithstanding, our operations ran smoothly, and our team executed on improving production levels while also processing higher grade material which we expect will continue going forward. Our well-capitalized balance sheet will allow us to invest across the board, including in exploration, mine development and into our new high-grade Plomosas zinc-lead-silver mine, which we expect could potentially add significantly to revenue and earnings once up and running later this year and into 2024."

IMPACT continues to be one of the purest intermediate silver miners with more than 90%+ of Company revenue coming from silver. In the medium term, the Company's recent Plomosas acquisition should begin to provide it with commodity diversification, primarily from zinc and lead, as well as the potential for gold production down the road.

Q1 2023 Financial Overview

Revenue in Q1 2023 was $5.1 million, up from $4.6 million in Q1 2022 due to higher production levels and gold production.

Mine operating earnings before amortization and depletion in Q1 2023 was $0.6 million, compared to $1.1 million in Q1 2022.

Cash used in operations for the quarter was $0.6 million compared to $0.9 million in Q1 2022.

The net loss in Q1 2023 was $0.3 million compared to net loss of $0.06 million in Q1 2022.

After investing $0.8 million in exploration expenditures and mining assets during the quarter, the cash position remained strong at quarter-end with $14.3 million with working capital of $15.7 million.

Subsequent to quarter-end, the Company closed an oversubscribed, non-brokered private placement for an additional $9.0 million.

The Company has no long-term debt.

Q1 2023 Production Overview

Mill throughput in Q1 2023 was 38,688 tonnes compared to 36,143 tonnes in Q1 2022.

Silver production during the period increased by 10% to 167,050 oz compared to 151,645 oz in Q1 2022 while contributions from lead and gold saw production increases on a year-over-year basis of 19% and 154%, respectively.

Revenue per tonne sold was $126.96 in Q1 2023, representing an increase of 7% over the same period in 2022.

Direct costs per production tonne were $111.79 in Q1 2023, representing an increase of 24% over Q1 2022 costs of $90.01 per tonne. Most of this increase (18%) is due to foreign exchange, with the balance coming from inflation-related pressures in Mexico.

Exploration Review

Management has been running a focused drill program with success at the San Ramon silver vein system allowing for higher-grade silver feed while the Lipton silver vein systems at the Guadalupe Mine could provide for even further grade improvement at the processing level. The benefits of this exploration success are apparent in the most recent quarter. Notably, the Alacran mine appears to contain levels of gold mineralisation that could help improve the overall grade for the operation as the exploration team works through older workings at that location.

During the quarter, IMPACT announced greenfield drilling results from the San Antonio Zinc vein system including 2.30% Zn over 3.85 metres as well as 1.59 g/t Au and 1.04% Zn over 3.5 metres (see IMPACT news release dated January 4, 2023 for details).

The Company also drilled at the Aurora 2 zone, located 1.3 km northeast of the Capire processing plant and 16 km south of IMPACT's Guadalupe operations. Previous drilling at Aurora 2 included intersections of 625 g/t Ag over 1.88 metres and 420 g/t Ag over 2.50 metres (see IMPACT news release dated December 9, 2013). Recent step-out drilling included 128 g/t silver, 0.42 g/t gold, 0.76% lead and 1.84% zinc over 7.5 metres (see IMPACT news release dated February 16, 2023 for details). These results extend the Aurora 2 zone to the west. The zone has historically been grid drilled with 72 drill holes and remains open to the west and northeast.

Outlook

Management believes the Company is well-positioned as an intermediate miner offering investors exposure to three distinct verticals across the mining sector, including exploration, production, and growth.

IMPACT stands to benefit from several positive trends playing out within the Company and across the industry. Internally, the Company's production at its mill in Zacualpan is operating efficiently while grade is improving thanks to added gold production from the Alacran Mine. This trend is expected to continue throughout 2023 and into 2024.

Growth at Plomosas

Subsequent to the end of Q1 2023, the Company closed on the acquisition of a third mining district known as Plomosas. Plomosas is a high-grade zinc mine located in northern Mexico, just 150 km north of the city of Chihuahua. In April, the Company stopped milling operations temporarily to complete certain necessary upgrades with the objective of restarting production by late summer. Meanwhile, management sees considerable upside from exploration as it begins planned drilling at Plomosas in the coming weeks. The addition of production from Plomosas should impact the Company's financial profile in 2H 2023 and increase into 2024 as improvements are made to the mill and production is brought up to initial capacity levels.

A recorded conference call reviewing the financial and production results of the quarter ended March 31, 2023 will be available on the Company website on May 24, 2023 at www.impactsilver.com/media/conference-calls.

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 intermediate mineral producer and explorer with three 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, and Footnote 1 below for report reference) Company engineers are reviewing Capire for a potential restart of operations to leverage improving commodity prices. Over the past 17 years, IMPACT has developed multiple exploration zones into commercial production and has produced over 12 million ounces of silver, generating revenue more than $241 million.

Plomosas Zinc-Lead-Silver District: Plomosas is a high-grade zinc-lead-silver producer with exceptional exploration upside potential. The Company aims to recommence operations in the near term followed by plans for expanding operations through the balance of 2023 and into 2024. Exploration potential at Plomosas is exceptional with only 600m of the 6 km-long structure having been explored to date. 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.

Additional information about IMPACT and its operations can be found on the Company website at www.impactsilver.com. Follow us on Twitter @IMPACT_Silver and LinkedIn at api.newsfilecorp.com

Qualified Person and NI 43-101 Disclosure

George Gorzynski, P.Eng., is a "Qualified Person" within the meaning of NI 43-101 and has approved the technical information 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. 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, future production potential of the Plomosas, Zacualpan and Capire projects.

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 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.

Footnote:
1. Reference: Ristorcelli, S.J. & Gorzynski, G. (2016). Technical Report on Mineral Resources for the Capire Silver-Lead-Zinc Project, Pedro Ascencio Alquisiras Municipality, Guerrero, Mexico. Prepared for IMPACT Silver Corp. by Mine Development Associates, Reno, Nevada. 82 pages. Available on www.sedar.com.

[LoneClone] IMPACT Silver Announces 2022 Financial Results Including Positive Mine-Level Ope...

LoneClone — 3/24/2023 12:24:47 PM

IMPACT Silver Announces 2022 Financial Results Including Positive Mine-Level Operating Earnings

newsfilecorp.com

Vancouver, British Columbia--(Newsfile Corp. - March 24, 2023) - IMPACT Silver Corp. (TSXV: IPT) (OTC Pink: ISVLF) (FSE: IKL) ("IMPACT" or the "Company") is pleased to announce its financial and operating results for the year ended December 31, 2022. The Company is one of the most focused silver-dominated companies at the centuries-old "Royal Mines of Zacualpan Silver District" in central Mexico. IMPACT is in the process of finalizing the transformative acquisition of the Plomosas zinc-lead-silver mine in northern Mexico, which is expected to add meaningful revenue, commodity diversification and financial growth driven by exceptionally high grade zinc production.

The Company reported $16.3 million in revenue in 2022 compared to $17.7 million in revenue in 2021. Despite operational improvements and cost saving initiatives, the decline in revenue owes to a 13.6% decline in silver prices. Mine operating earnings before amortization and depletion in 2022 were $1.2 million (compared to $4.7 million in 2021) owing to lower silver prices and increased inflationary pressures on costs, wages, a stronger Mexican Peso, as well as additional exploration and drilling costs. Management believes cost controls implemented throughout 2022 as well as recovering silver prices as of late, will result in improving margins throughout 2023.

Fred Davidson, President & CEO of IMPACT, stated, "2022 was one of the most difficult years for global equities and hard assets, with several notable black swan events including the war in Ukraine, unprecedented global inflation and tight supply chains. The resulting increases in interest rates by central banks worldwide resulted in an unprecedented rate hike cycle that started from near zero percent, to over 5% through year-end and into 2023. Despite this, IMPACT managed to minimize losses and position the Company on a trajectory of improved margins and growth in 2023. The Company maintains an enviable, cash-rich balance sheet with no debt, as well as controls on cost inflation at the consumables and labour levels.

"Our dual-pronged strategy focuses on improving metal grade from existing and new development sites while exploiting added efficiencies at the Company's primary production mill. Meanwhile, shareholders can look forward to increased production, commodity diversification, exploration upside and top quartile zinc grades from the recently announced acquisition of the Plomosas high-grade zinc-lead-silver mine. This transformative acquisition should help significantly improve revenue, margins and deliver shareholder value as we deploy our 17 years of Mexican production experience to bring that operation online and deliver growth both at the production and exploration levels.

"Backstopping this growth is the Company's Guadalupe mining complex, which is one of the most efficient and productive mining complexes in the region, and our nearby Capire production centre which represents capacity to rapidly expand production as silver prices increase."

In 2022, IMPACT carried out greenfield and brownfield exploration programs toward growing high-grade feed inventory for the Company's milling operations. In addition to its 211km2 of exploration potential from its legacy Zacualpan-area land package, IMPACT is on the cusp of a new chapter to create shareholder value, as it completes and integrates its recently-announced acquisition of the high-grade zinc-lead-silver Plomosas asset. Plomosas will bring top quartile zinc grades and the potential for high-grade gold and copper mineralization as management seeks to expand the asset's value through aggressive exploration going forward.

"As a legacy producer with demonstrated strength in adapting to evolving market conditions including maintaining a cash-rich balance sheet, our experience speaks for itself with our 12+ million ounces of silver produced since 2006, as well as the associated, combined revenue of nearly $241 million over that time. Meanwhile, our management team remains focused on growth as it deploys capital above and beyond the $71+ million in CAPEX spent to date. Including our transformative Plomosas acquisition, our 2022 accomplishment of delivering mine-level profitability and cost controls have build the Company to a point where investors are offered each of production, exploration upside and growth potential in the months and years to come," said Fred Davidson.

2022 FINANCIAL OVERVIEW

Revenue in 2022 was $16.3 million compared to $17.7 million in 2021, due to lower average silver prices throughout year.
Mine operating earnings before amortization and depletion was $1.2 million in 2022 compared to $4.7 million in 2021, due to industry-wide inflationary pressures impacting operating costs across the system.
Cash flow loss from operations in 2022 was $1.8 million, compared to $3.0 million generated in 2021, due to lower silver prices and increased costs.
Industry-leading balance sheet including $15.3 million in cash and working capital of $16.4 million at December 31, 2022.
Total assets increased to $68.8 million from $66.5 million.
The Company has no long-term debt.

2022 PRODUCTION OVERVIEW

In 2022, the Company produced 632,862 ounces of silver, compared to 2021 production of 617,686 ounces, representing an increase of 2% on a year-over-year basis. Meanwhile, silver sales also increased by 2% to 644,843 ounces in 2022 compared to 2021, owing to efficiencies in milling operations.
Average silver grade at the mill level was 159 grams per tonne g/t in 2022 and was unchanged on a year-over-year basis.
In 2022, mill throughput was 152,862 tonnes compared to 145,458 tonnes in 2021 - averaging 419 tonnes per day.

Notwithstanding fluctuating silver prices throughout 2022, management was successfully able to drive efficiencies at the Company's Guadalupe processing plant where it focused on mining higher-grade and higher margin material. To this end, revenue per tonne in 2022 was an $105.39, representing a decrease of 11% compared to $119.04 in 2021 due to lower silver prices.

Direct production costs in 2022 were $97.49 per tonne, representing an increase of 13% from $86.44 in 2021 due to inflationary pressures and resulting cost increases. Management believes the majority of the Company's cost increases have either been addressed or absorbed, and expects a more stable operating environment in 2023.

2022 CAPEX & EXPLORATION ACTIVITY

In 2022, the Company initiated a substantial underground refurbishment program at Guadalupe, having rebuilt the main production shaft while rebuilding the extensive underground railway system, allowing access to the high-value "Pachuqueno section". These improvements will contribute towards ongoing margin improvement within the Company throughout 2023, and beyond. As an example, Guadalupe provided 55% of mill feed in Q4-2022 with its improved cost structure. Management is continuously upgrading other infrastructure at the mine level including adding improved access to additional high-grade veins for future mill production.

San Ramon South, a new zone discovered in 2021, provided 12% of mill feed in 2022 compared to 15% in 2021. At Veta Negra, where drilling and development have helped provide meaningful growth in 2022, provided 11% of mill feed in Q4-2022. The Company is excited to see results of ongoing exploration at Veta Negra as it determines its full potential and size.

Exploration drilling in 2022 returned significant results in several areas:

In the Veta Negra Mine area, results included 257 g/t silver over 19.8 metres and 487 g/t silver over 12.97 metres (see IMPACT news release dated February 7, 2022 for details).

At the prospective San Antonio zinc-rich target, drill results included 2.3% zinc over 3.85 metres (see IMPACT news release dated January 4, 2023 for details).

At Aurora 2, north of the Capire open pit mine, drill results included 128 g/t silver, 0.42 g/t gold, 0.76% lead and 1.84% zinc over 7.5 metres (see IMPACT news release dated February 16, 2023 for details).

Exploration plans for 2023 include brownfield and greenfield targets on the extensive Zacualpan land position as well as at the recently announced acquisition of the Plomosas project (primarily brownfield).

THE NEXT CHAPTER: GROWTH - PLOMOSAS ACQUISITION

The Company aims to assume operations at the recently announced Plomosas mine in northern Mexico in Q2-2023 (see IMPACT news release dated February 9, 2023 for details). This acquisition is a transformative one for the Company and is expected to deliver a meaningful growth profile, including high-grade zinc production and exciting exploration potential in 2023 and beyond.

The Plomosas project is located 110 km east of the city of Chihuahua, Mexico. With 17 years of Mexican production and exploration experience, management anticipates the project will deliver significant shareholder value as the acquisition is integrated into the Company's ongoing production and exploration profiles.

The district was discovered in 1832 and has seen small scale mining since 1868. Historical mining indicates that Plomosas is a top quartile zinc grade mine globally. Since 1943, approximately 2.5 metric tonnes of zinc have been mined at exceptional grades of 15-25%, as well as 2-7% lead and 40-60 g/t silver1. In addition, the project hosts significant gold and copper exploration targets that will be explored later in 2023. The project's current mine and mill are both fully permitted and come with an existing offtake smelter contract, having been in production since September 2018.

The 3,019 Ha property covers extensive carbonate replacement deposit-type zinc-lead-silver mantos (beds), mainly hosted in carbonates (limestones, marbles). The previous operator reported JORC-compliant 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). To date, just 600m of the 6km strike length has been explored, thereby offering meaningful exploration potential and upside.

UNLOCKING SHAREHOLDER VALUE AT ZACUALPAN

Management is focused on delivering and unlocking shareholder value for its shareholders, including selectively working with other high quality junior explorers to exploit its large-scale, 211 km2 Zacualpan land package. In Q1-2021, the Company optioned approximately 1,100 hectares of its Zacualpan concession to Pantera Silver Corp. Pantera made a payment of $100,000 in cash, and issued 1.0 million Pantera shares to IMPACT, valued at $240,000. Pantera is required to make option payments totaling $300,000 in cash, issue the Company 3.5 million in shares and complete a minimum of $1.4 million worth of work at the project over the subsequent three years, in order to acquire 100% of the project. Negotiations are in place to extend or alter the agreement to accommodate market volatility. The agreement is subject to a 1% net smelter return in favour of IMPACT.

PRODUCTION GROWTH - CAPIRE VMS OPEN PIT MINE

The Company has positioned itself to capitalize on improving market conditions. The "Capire Open Pit" silver mine and the associated 200 tonne per day processing plant is a separate operating unit located 16 km south of the Guadalupe processing plant. The Capire unit is currently on care and maintenance, but the Company is able to rapidly bring the plant online as silver prices and market conditions improve.

Studies are being conducted with regard to critical infrastructure to determine an optimum plant size at Capire in the future, while a 1,400 kg sample from the Capire open pit was tested using state-of-the-art X-Ray transmission ("XRT"), pre-concentration processing technology with encouraging results. XRT technology is a process that recognizes and sorts rocks based on the specific atomic density of the material as well as sorts ore grade material from waste inventories. The Company is currently evaluating the potential impact of XRT on its capital, operating costs, recoveries and the ultimate mineable size of the deposit and current pilot plant. The successful implementation of this technology and re-design of the mine could have a material and positive impact on the Company's future production and profitability.

A recorded conference call reviewing the financial and production results of the year ended December 31, 2022 will be available on the Company website on March 27, 2023 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.

Qualified Person and NI 43-101 Disclosure
George Gorzynski, P.Eng., is a "Qualified Person" within the meaning of NI 43-101 and has approved the technical information contained in this news release.

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, and footnote4 for report reference); 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 12 million ounces of silver, generating revenues over $241 million.

Plomosas Zinc-Lead-Silver District: IMPACT signed a purchase / sale agreement with Consolidated Zinc Limited of Australia to purchase the Plomosas property and mining operations for US$6 million (cash and shares) plus a 12% NPI (net profit interest) and a third party 1% NSR royalty. Plomosas is a high-grade zinc-lead-silver producer with exceptional exploration potential. Upon closing of the transaction, IMPACT plans to upgrade the mill and mine with the aim to recommence operations in the near term followed by plans for expanding operations. Exploration potential at Plomosas is exceptional with only 600m of the 6?kilometre long structure assessed plus other exploration targets including untested copper-gold targets. Regionally, Plomosas lies in the same mineral belt as some of the largest carbonate replacement deposits in the world.

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, the use of funds, 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 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. There are no assurances the Company will close the acquisition of the Plomosas project. 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

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 are reported by Consolidated Zinc Ltd. on their website (https://api.newsfilecorp.com/redirect/BNYExcZNO1) 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 current reported mineral resources and is only reporting them as material recent 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.

[LoneClone] Impact Silver Announces Results of Aurora 2 Drilling newsfilecorp.com Vancouv...

LoneClone — 2/16/2023 4:55:37 PM

Impact Silver Announces Results of Aurora 2 Drilling

newsfilecorp.com

Vancouver, British Columbia--(Newsfile Corp. - February 16, 2023) - IMPACT Silver Corp. (TSXV: IPT) (OTC Pink: ISVLF) (FSE: IKL) ("IMPACT" or the "Company") announces drill results from the Aurora 2 Zone located 1.3 kilometers northeast of the Capire processing plant and 16 kilometers south of IMPACT's other active mining and processing operations at the Royal Mines of Zacualpan in central Mexico. The mineralization at Aurora 2 consists of silver enriched volcanogenic massive sulphide mineralized ("VMS") lenses and is being explored as a potential source of additional feed for the Capire processing plant. These results extend the Aurora 2 zone to the west. The zone has historically been grid drilled with 72 drill holes, and remains open for expansion to the west and northeast. The drilling was carried out with one of IMPACT's man portable hydraulic surface diamond drill rigs. Highlights from the new Aurora 2 drilling include the following:

Hole ID	From (m)	To (m)	Interval (m)	True Width (m)	Ag g/t	Au g/t	Pb %	Zn %
AU22-01	120.60	123.00	2.40	2.39	106.06	0.42	0.33	0.76
AU22-04	86.74	88.20	1.46	1.44	63.50	0.21	0.03	0.08
AU22-04	100.85	104.60	3.75	3.73	65.51	0.40	0.22	0.48
AU22-05	138.15	145.70	7.55	7.48	128.11	0.42	0.76	1.84
AU22-07	169.75	170.80	1.05	1.01	138.00	0.49	0.50	1.11
AU22-07	200.00	208.05	8.05	7.95	63.10	0.52	0.91	2.81
AU22-07	222.85	225.00	2.15	2.11	50.67	0.15	0.47	1.88
AU22-08	156.80	159.25	2.45	2.38	142.21	0.37	0.24	0.51
AU22-08	211.00	214.35	3.35	3.28	34.08	0.24	0.36	1.25

All drill holes in the table above were drilled vertically. Other recent drill results from Aurora 2 were low grade. Previous drilling at Aurora 2 included intersections of 625 g/t Silver over 1.88 m and 420 g/t Silver over 2.50 m (see IMPACT news release dated December 9, 2013). Drilling is also continuing with IMPACT's underground rig in the operating Mina Grande mine located in the Cuchara area, and field exploration is continuing on multiple targets. Plans are being made for a large drill program in 2023.

ABOUT IMPACT SILVER

IMPACT Silver Corp. is a successful silver-gold explorer-producer with two processing plants on adjacent districts within its 100% owned mineral concessions covering 211km2 in central Mexico with excellent infrastructure and local labor force. Over the past 16 years, IMPACT has produced over 11.5 million ounces of silver, generating revenues over $230 million, with no long-term debt.

At the Royal Mines of Zacualpan Silver District, three underground silver mines and one open pit mine feed the central Guadalupe processing plant. To the south, in the Mamatla District, 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. With 16 years of exploration successes leading to production cash flows, IMPACT has shown the Zacualpan Silver-Gold District to be endowed with many high-grade silver and gold zones and has placed multiple zones into commercial production.

Additional information about IMPACT and its operations can be found on the Company website at www.IMPACTSilver.com. Follow us on Twitter @IMPACT_Silver and LinkedIn at https://api.newsfilecorp.com/redirect/GO78YHxN17

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.

On behalf of IMPACT Silver Corp.

"Frederick W. Davidson"

President & CEO

For more information, please contact:
Jerry Huang
CFO | Investor Relations
(604) 681 0172 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. 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 including potential renewed production at the Capire processing plant. 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

[LoneClone] IMPACT Silver Signs Binding Conditional Agreement to Purchase Plomosas Zinc-Lead...

LoneClone — 2/16/2023 4:53:01 PM

IMPACT Silver Signs Binding Conditional Agreement to Purchase Plomosas Zinc-Lead-Silver Mine in Mexico

newsfilecorp.com

Vancouver, British Columbia--(Newsfile Corp. - February 9, 2023) - IMPACT Silver Corp. (TSXV: IPT) (OTC Pink: ISVLF) (FSE: IKL) ("IMPACT" or the "Company") is pleased to announce it has signed a Share Purchase and Sale Agreement (the "Sale Agreement") with Consolidated Zinc Limited (ASX: CZL) ("CZL") of Australia dated February 9, 2023 to purchase all of the outstanding shares of its subsidiary, Minera Latin America Zinc S.A.P.I de C.V. ("MLAZ"), which holds a 100% interest in the Plomosas zinc-lead-silver mine in the state of Chihuahua, northern Mexico.

HIGHLIGHTS

The acquisition will expand IMPACT's production profile from one to two producing operations – the Plomosas zinc-lead-silver district in northern Mexico and the Royal Mines of Zacualpan silver-lead-zinc(-gold) district in central Mexico.

The purchase price is US$6 million consisting of a minimum US$3 million cash and the balance in IMPACT shares plus a 12% net profit interest royalty to CZL. Completion of the transaction is anticipated on or before April 7, 2023.

CZL reported Plomosas JORC mineral resources1 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. IMPACT plans a drill program in 2023 to infill and test extensions of the known mineralization.

Plomosas is host to high grade mineralization. Historical mining is in the global upper quartile for zinc grade with approximately 2.5MT mined since 1943 grading 15-25% zinc, 2-7% lead and 40-60 g/t silver with low deleterious elements2.

CZL has been mining Plomosas since September 2018 except for some temporary short suspensions during Christmas. IMPACT plans to upgrade the mill and mine with the aim to continue mining followed by plans for expanding operations.

IMPACT's highly skilled operations team has 17 years of underground mining and flotation milling experience at Zacualpan which it will bring to advance the Plomosas operations.

Exploration potential at Plomosas is exceptional with only 600m of the 6 kilometre long structure assessed plus other exploration targets on the 3,019 hectare property including untested copper-gold targets. Regionally, Plomosas lies in the same mineral belt as some of the largest silver-lead-zinc carbonate replacement deposits ("CRD") in the world2.

CEO STATEMENT

Chairman and CEO Frederick Davidson commented, "We are truly pleased to acquire a second mining district after evaluating hundreds of projects over the years in an effort to grow IMPACT. Currently Plomosas is a relatively small mining operation on a large mineral system. Our goal is to upgrade and expand operations to optimize production from the large mineral system. Our Mexican technical team is exceptionally skilled in building and efficiently operating mines like this and we will bring our 17 years of underground operating experience at the Royal Mines of Zacualpan to hone and grow the Plomosas operations. The technical and management overlap with similarity of asset and operations provides great synergy for the transaction and represents near term growth of our production levels and value to shareholders."

PLOMOSAS PROJECT OVERVIEW

The Plomosas project is located 110 km by road from Chihuahua City, the state capital, which is a two-hour flight from Dallas, Texas, USA. The district was discovered in 1832 and has seen small scale mining since 1868. Historical mining is in the global upper quartile for zinc grade with approximately 2.5MT mined since 1943 grading 15-25% zinc, 2-7% lead and 40-60 g/t silver with low deleterious elements2.

The mine and mill are fully permitted, have an offtake smelter contract2 and have been in production by CZL since September 2018 except for some temporary short suspensions during Christmas. In 2021 CZL processed 31,695 tonnes producing 2,442 tonnes of zinc concentrate and 599 tonnes of lead concentrate. Mine access is by 3 portals reaching a depth of 250m below surface and an old shaft that can be refurbished2. Mineral is processed in a 200 tonne per day conventional flotation mill (recently operating under capacity) with plans to expand. IMPACT plans to upgrade the mill and mine with the aim to continue mining in the near term followed by plans for expanding operations. The Plomosas Property is subject to an underlying 1% Net Smelter Royalty.

The 3,019 hectare property covers extensive carbonate replacement deposit-type ("CRD") zinc-lead-silver mantos (beds) mainly hosted in carbonates (limestones, marbles). CZL reported Australian JORC mineral resources1 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. IMPACT plans a drill program in 2023 to infill and test extensions of the known mineralization.

Exploration potential at Plomosas is exceptional with only 600m of the 6 kilometre long structure assessed plus other exploration targets including untested copper-gold targets. Regionally Plomosas lies in the same mineral belt as some of the largest CRD deposits in the world (see Map 1)2. The historic Santa Eulalia Mine is the world's largest historic CRD deposit and is located 100km west of Plomosas (see Map 1). Historic production at Santa Eulalia was over 450Moz silver from 51MT averaging 350 g/t silver, 8.2% lead and 7.8% zinc and mined over 300 years. Reference to this nearby project is for information purposes only and there are no assurances that Plomosas will achieve similar results.

TERMS OF THE TRANSACTION

The material terms of the transaction are as follows.

IMPACT will pay the following consideration to CZL for a 100% interest in MLAZ, the Mexican subsidiary of CZL that owns a 100% interest in the Plomosas Project:

US$6 million consisting of a minimum US$3 million cash and the balance in IMPACT common shares (the "IMPACT Shares"). Closing adjustments based on working capital at closing are provided in the Sale Agreement;

Contractual restrictions on transfer will be applied to 75% of the IMPACT Shares, such that IMPACT Shares will be released from restriction in three equal tranches of 25% every 6 months over 18 months from closing. 25% of the IMPACT Shares will be immediately held by CZL (subject to a statutory 4 month hold period from the date of issuance of the IMPACT Shares); and

a 12% net profit interest ("NPI") royalty on production from the Plomosas project to CZL.

It is anticipated that upon closing and assuming US$3 million payment made in IMPACT Shares, CZL will hold approximately 6% of the issued capital in IMPACT. The deemed per share price will be determined in accordance with the Sale Agreement and will be the 20 day VWAP before the date of the Sale Agreement or an equivalent price to an IMPACT financing, should one be conducted before closing.

Completion of the Sale Agreement is subject to certain industry standard closing conditions for a transaction of this kind (the "Conditions") being satisfied or waived by March 31, 2023. Completion is expected to occur within 7 days of the Conditions being satisfied or waived. Conditions include, among others, TSX Venture Exchange approval of the purchase of MLAZ and the issuance of IMPACT Shares as partial consideration.

IMPACT has cash on hand to close the Sale Agreement, but may conduct a financing in the near-term for additional working capital.

ABOUT CONSOLIDATED ZINC LIMITED

Consolidated Zinc Limited is an Australian junior exploration company listed on the Australian Stock Exchange (ASX: CZL). It owns 100% interests in the Pilbara Lithium and Wandagee Projects, which comprise approximately 1,400km2 in 5 granted exploration licences (plus 1 EL Application), located in the Pilbara and Gascoyne regions of Western Australia. The Pilbara Projects are highly prospective for lithium and situated near two of the world's largest hard rock lithium deposits/mines (PLS – Pilgangoora & MIN – Wodgina) and other deposits and occurrences near Marble Bar (GL1's Archer Project). Consolidated Zinc also owns the Plomosas Mine (Mexico) where, as described in this news release, Consolidated Zinc has signed a binding conditional sale agreement with IMPACT Silver for the sale of the Plomosas project for US$6 million (cash and shares) plus a 12% NPI royalty.

Jett Capital Advisors, LLC are acting as advisor to Consolidated Zinc Limited.

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 three 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, and Footnote 3 below for report reference). 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 11.5 million ounces of silver, generating revenues over $230 million, with no long-term debt.

Plomosas Zinc-Lead-Silver District: IMPACT signed the sale agreement with Consolidated Zinc Limited (ASX: CZL) of Australia to purchase the 30 km2 Plomosas property and mining operations for US$6 million (cash and shares) plus a 12% net profits interest. Plomosas is a high grade zinc-lead-silver producer with exceptional exploration potential. Upon closing of the purchase / sale transaction, IMPACT plans to upgrade the mill and mine with the aim to recommence operations in the near term followed by plans for expanding operations. Exploration potential at Plomosas is exceptional with only 600m of the 6 kilometre long structure assessed plus other exploration targets including untested copper-gold targets. Regionally, Plomosas lies in the same mineral belt as some of the largest carbonate replacement deposits ("CRD") in the world.

Additional information about IMPACT and its operations can be found on the Company website at www.IMPACTSilver.com. Follow us on Twitter @IMPACT_Silver and LinkedIn at https://www.newsfilecorp.com/redirect/moaM0fp55n?r=aHR0cHM6Ly9jYS5maW5hbmNlLnlhaG9vLmNvbS8=.

Qualified Person and NI 43-101 Disclosure
George Gorzynski, P.Eng., is a "qualified person" within the meaning of NI 43-101 and has approved the technical information contained in this news release. Mr. Gorzynski is Vice-President, Exploration and a director of IMPACT.

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.

Footnotes:
1. Plomosas mineral resources are reported by Consolidated Zinc Ltd. (ASX: CZL) on their website (https://www.newsfilecorp.com/redirect/kzZM0TLKKx?r=aHR0cHM6Ly9jYS5maW5hbmNlLnlhaG9vLmNvbS8=) 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 current reported mineral resources and is only reporting them as material recent 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.
2. 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.
3. Reference: Ristorcelli, S.J. & Gorzynski, G. (2016). Technical Report on Mineral Resources for the Capire Silver-Lead-Zinc Project, Pedro Ascencio Alquisiras Municipality, Guerrero, Mexico. Prepared for IMPACT Silver Corp. by Mine Development Associates, Reno, Nevada. 82 pages. Available on www.sedar.com.

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 completion of the Plomosas agreement and estimated timing thereof, the potential for defining and extending the known mineralization, 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, 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, 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.

At Zacualpan, 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 Zacualpan 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
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 mineralization (from CZL website).

To view an enhanced version of this graphic, please visit:
images.newsfilecorp.com

[LoneClone] IMPACT Silver Announces Results of Greenfields Drilling newsfilecorp.com Van...

LoneClone — 1/4/2023 1:06:56 PM

IMPACT Silver Announces Results of Greenfields Drilling

newsfilecorp.com

Vancouver, British Columbia--(Newsfile Corp. - January 4, 2023) - IMPACT Silver Corp. (TSXV: IPT) (OTC Pink: ISVLF) (FSE: IKL) ("IMPACT" or the "Company") announces the completion its' 2022 Royal Mines of Zacualpan area surface exploration drill program in central Mexico. Significant results for the last sets of assays for 2022 were returned from greenfields targets at La Luz and San Antonio. The drilling was carried out with IMPACT's man portable hydraulic surface diamond drill rigs.

The historic La Luz mine is located to the west and along strike of the Pachuqueno mine workings in IMPACT's operating Guadalupe Mine and also hosts a northeast trending vein, both of which were tested by sixteen surface drill holes. Significant results from La Luz are listed below.

HOLE No.	FROM (m)	TO (m)	INTERVAL (m)	TRUE WIDTH (m)	Ag_g/t	Au_g/t	Pb_%	Zn_%
Z22-24	8.40	10.10	1.70	True Widths TBD	227.18	0.02	0.17	0.21
Z22-25	147.95	149.65	1.70	0.77	113.10	0.05	0.96	2.83
Z22-32	26.55	28.23	1.68	True Widths TBD	239.48	0.02	0.03	0.06

The San Antonio Zinc vein system is located 4km southeast of IMPACT's operating Guadalupe Processing Plant and on trend with the Cuchara mine vein system. The increase in the zinc price led to testing the extent and continuity of San Antonio's known mineralized system which was last explored in 2007. A total of seventeen holes were drilled to test the system at depth and along strike of historic mine workings and previous drilling.

Significant San Antonio zinc results are listed below.

HOLE No.	FROM (m)	TO (m)	INTERVAL (m)	TRUE_WIDTH (m)	Ag g/t	Au g/t	Pb %	Zn %
Z22-40	56.65	58.25	1.60	True Widths TBD	9.24	0.09	0.65	2.49
Z22-43	115.00	118.85	3.85	True Widths TBD	18.16	0.51	0.60	2.30
Z22-43	153.10	154.35	1.25	True Widths TBD	85.10	0.15	0.53	1.72
Z22-45	115.92	118.10	2.18	True Widths TBD	38.40	0.30	0.35	1.99
Z22-45	157.10	160.60	3.50	True Widths TBD	22.40	1.59	0.10	1.04
Z22-46	116.15	118.45	2.30	True Widths TBD	11.34	0.42	0.22	6.25
Z22-46	166.00	166.30	0.30	True Widths TBD	24.40	1.66	1.35	5.62
Z22-47	132.50	134.45	1.95	True Widths TBD	30.62	0.08	2.60	1.86
Z22-49	188.00	189.35	1.35	True Widths TBD	34.85	0.03	2.84	4.21
Z22-50	210.75	212.85	2.10	True Widths TBD	32.00	0.73	0.19	1.48
Z22-55	103.80	105.34	1.54	True Widths TBD	23.71	0.24	0.39	2.77
Z22-55	50.25	53.25	3.00	True Widths TBD	11.13	1.90	0.26	0.69

Other drill results from these and other targets were low grade. Drilling is continuing with IMPACT's underground rig in the Mina Grande mine located in the Cuchara area and field exploration is continuing on multiple targets. Plans are being made for a large drill program in 2023.

ABOUT IMPACT SILVER

IMPACT Silver Corp. is a successful silver-gold explorer-producer with two processing plants on adjacent districts within its 100% owned mineral concessions covering 211km2 in central Mexico with excellent infrastructure and labor force. Over the past 16 years, IMPACT has produced over 11.5 million ounces of silver, generating revenues over $230 million, with no long-term debt.

At the Royal Mines of Zacualpan Silver District, three underground silver mines and one open pit mine feed the central Guadalupe processing plant. To the south, in the Mamatla District, 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. With 16 years of exploration successes leading to production cash flows, IMPACT has shown the Zacualpan Silver-Gold District to be endowed with many high-grade silver and gold zones and has placed multiple zones into commercial production.

Additional information about IMPACT and its operations can be found on the Company website at www.IMPACTSilver.com. Follow us on Twitter @IMPACT_Silver and LinkedIn at https://www.newsfilecorp.com/redirect/rY34rUDjxX?r=aHR0cHM6Ly9jYS5maW5hbmNlLnlhaG9vLmNvbS8=.

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.

On behalf of IMPACT Silver Corp.

"Frederick W. Davidson"
President & CEO

For more information, please contact:
Jerry Huang
CFO | Investor Relations
(604) 681 0172 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. 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
Vancouver, BC, Canada V6C 1X8
Telephone 604 664-7707
www.impactsilver.com
Twitter
LinkedIn

[LoneClone] IMPACT Silver Announces Full Year 2021 Results Revenue Increased 13% to $17.7...

LoneClone — 3/23/2022 2:32:07 PM

IMPACT Silver Announces Full Year 2021 Results

Revenue Increased 13% to $17.7 Million, EBITDA $1.5 Million

newsfilecorp.com

Vancouver, British Columbia--(Newsfile Corp. - March 23, 2022) - IMPACT Silver Corp. (TSXV: IPT) (OTC Pink: ISVLF) (FSE: IKL) ("IMPACT" or the "Company") announces its financial and operating results for the year ended December 31, 2021. The Company operates one of the purest silver producers at its Royal Mines of Zacualpan Silver District in Mexico.

The Company reported $17.7 million in revenue for full year 2021, a 13% increase year over year compared to revenues of $15.6 million in revenue in 2020. The better results were primarily due to increased silver prices during the year despite increases on direct costs due to inflation, development costs designed to increase tonnage long term, and exploration program. Mine operating earnings before amortization and depletion were $3.4 million for the year ended December 31, 2021 compared to $3.3 million in 2020 in spite of higher development costs and lower silver grades both of which continued to impact the operating results.

Fred Davidson, President & CEO of IMPACT, stated, "With the euphoric start of 2021 and retail shareholder interest in silver thanks to meme-stock mania, IMPACT demonstrated what a efficient miner can do when silver prices start to run. The world has seen unforeseen turmoil in recent days and once again gold and silver rose as safe haven for sovereign and investors globally. As one of the purest silver producers, we believe IMPACT is uniquely positioned as the silver metal attracts investor interest. Underpinned with global currency tightening and true inflationary pressure, we see precious metals catching up with most industrial metals and energy prices.

"In 2021, IMPACT capitalized on its operational successes and carried out the Company's largest exploration program in years. In addition to ongoing advancements on various mine sites, unlocking the value of our land package, and ongoing evaluation of a near-term restart of our Capire VMS mine using XRT technology, 2021 was a busy year for the team, ultimately setting up for exciting catalysts for growth in 2022.

"With over 11 million ounces of silver (no equivalents) produced since 2006 by IMPACT, generating over $225 million in revenue and investing over $65 million in CAPEX to date, we are proud of our 2021 achievements and look forward to an even better 2022 with potential growth catalysts such as restart of mining at Capire, drilling of high priority targets, and high silver prices."

2021 FINANCIAL OVERVIEW

2021 PRODUCTION OVERVIEW

The goal at Guadalupe processing plant was to focus on lower cost, higher grade production. The lower but steady production tonnes allowed the Company to focus on mining higher margin areas in lower cost situations. Revenue per tonne sold was $119.04 in 2021 an increase of 3% from 2020 at $116.09.

Direct costs per production tonne were $97.79 in Q4 2021 an increase of 6% from $92.91 during the same period in 2020 due to inflationary pressures and cost increases as the Company stepped up exploration and development at the Guadalupe mine.

The mining activity is becoming more focused on the Guadalupe mine and areas accessed from that shaft, with tonnage reaching approximately 50% of total mill feed. A substantial underground development program at Guadalupe is largely complete which included refurbishment of the main production shaft, and rebuilding the extensive track system on the 195 level to access the Pachuqueno section of the mine. This will provide for higher capacity with lower associated hauling costs.

There were one time weather related costs in Q3 2021 which resulted in excessive haul costs and the mining at the Veta Negra open-pit halted; production at this mine recommenced in the fourth quarter providing 8% of the mill feed.

Work continued on a third tailings facility with a provisional life of nine years of operations at the Guadalupe mill complex.

EXPLORATION

During 2021, IMPACT has conducted an aggressive exploration program, including a diamond drill program that was in excess of 17,000 metres utilizing the Company-owned four surface and underground drill rigs. The program was focused on discovery and definition of additional high-grade silver and gold zones for near- and longer-term mining. With the current success combined with the operational efficiencies of owning its own drills, the Company plans a number of additional programs during 2022 that could approach 20,000 metres of drilling across the Company's extensive land package.

Select highlights from 2021 news releases:

JOINT VENTURE ON PROPERTY

As an ongoing strategy to unlock value for IMPACT shareholders, management is selectively working with high quality junior explorers to assist with unlocking value in the large 211 km2 district owned by IMPACT. During Q4 2020, the Company optioned approximately 1,100 hectares of its Zacualpan S.E. concession to Pantera Silver Corp.

In Q1 2021, Pantera made a payment of $50,000 in cash, and issued the Company 200,000 treasury shares valued at $85,000. Pantera is required to make option payments of $300,000 in cash, issue the Company 3.5 million shares and complete a minimum of $1.4 million in work on the project over the next three years, to acquire 100% of the project. This agreement is subject to a 1% net smelter return in favour of IMPACT.

CAPIRE VMS OPEN PIT MINE

The Capire open pit silver mine and 200 tonne per day processing plant is a separate operating unit located 16 kilometers south of the Guadalupe processing plant. The Capire unit is currently on care and maintenance but the Company is carrying out studies toward bringing it back into production. Previous 43-101 mineral resource studies on the Capire deposit have been evaluated with an inhouse review using the experience of a small test mining open pit operation in 2014. Other studies are being conducted with regard to critical infrastructure to determine optimum plant size for Capire operations and a 1,400 kilogram sample from the Capire open pit was tested using state of the art X-Ray transmission ("XRT") pre-concentration processing technology with encouraging results. XRT technology is a process that recognizes and sorts rocks based on the specific atomic density of the material. XRT sorts ore grade material from waste reducing the amount of material to be processed during the milling process as well as tailings. The Company is currently evaluating the potential impact of XRT pre-concentration upon capital and operating costs, recoveries and the ultimate mineable size of the deposit and the current pilot plant.

A recorded conference call reviewing the financial and production results of the year ended December 31, 2021 will be available on the Company website on March 25, 2022 at www.impactsilver.com/media/conference-calls/.

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.

Qualified Person and NI 43-101 Disclosure

George Gorzynski, P.Eng., is a "qualified person" within the meaning of NI 43-101 and has approved the technical information contained in this news release.

ABOUT IMPACT SILVER CORP.

IMPACT Silver Corp. is a successful silver-gold explorer-producer with two processing plants on adjacent districts within its 100% owned mineral concessions covering 211km2 in central Mexico with excellent infrastructure and labor force. Over the past 16 years, IMPACT has produced over 11 million ounces of silver, generating revenues over $225 million, with no long-term debt. At the Royal Mines of Zacualpan Silver District, three underground silver mines and one open pit mine feed the central Guadalupe processing plant. To the south, in the Mamatla District, the Capire processing pilot plant is adjacent to an open pit silver mine with a 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); Company engineers are reviewing Capire for restart of operations in light of current elevated silver prices. With 16 years of exploration successes leading to production cash flows, IMPACT has shown the districts to be endowed with many high grade epithermal silver-gold zones and has placed multiple zones into commercial production.

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. 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

1 Mine operating earnings before amortization and depletion is a non-IFRS measure which the Company believes provides meaningful information about the Company's financial performance.

2 EBITDA - Earnings before interest, taxes, depreciation, amortization and stock-based payments - is a non-IFRS measure which the Company believes provides meaningful information about the Company's financial performance.

Revenue was $17.7 million compared to $15.6 million in 2020, due to higher average silver prices.

Earnings before interest, taxes, depreciation, amortization2 ("EBITDA") was $1.5 million in 2021 (2020 - $2.5 million).

Cash flow from operations was $3.0 million up from $2.5 million in 2020.

Mine operating earnings before amortization and depletion1 YTD 2021 was $4.7 million (2020 $4.7 million).

After investing $3.6 million in exploration expenditures and mining assets during the year, the cash position remained strong at $21.1 million with working capital of $21.5 million, up from cash of $20.4 million and working capital of $20.3 million at December 31, 2020.

The Company has no long-term debt.

2021 full year silver production was 617,686 ounces (2020 - 646,534 ounces) dropping 4.6% year over year. Silver sales were largely flat at 633,952 ounces full year 2021 compared to 2020.

Average mill feed grade for silver was 172 grams per tonne (g/t) in Q4 2021 comparable to 166 in Q4 2020, an increase of 4%.

Throughput at the mill was 145,458 tonnes milled in 2021 compared to 140,069 tonnes in 2020 for an average of 399 tonnes per day for the year.

Discovers new San Ramon South Zone including intersections of 1.93 meters of 1,443 g/t Silver and 3.65 meters of 568 g/t Silver ( December 14, 2021).

691 g/t Silver Over 1.29 meters At Guadalupe Mine ( Oct 5, 2021).

3.38 meters of 2,186 g/t Silver and 6.04 meters of 464 g/t Silver At Guadalupe Mine - Pachuqueno ( Oct 19, 2021).

[LoneClone] Impact Silver Drills 19.8 Meters of 257 g/t Silver and 12.97 Meters of 487 g/t S...

LoneClone — 2/7/2022 2:34:26 PM

Impact Silver Drills 19.8 Meters of 257 g/t Silver and 12.97 Meters of 487 g/t Silver at Veta Negra

newsfilecorp.com

Vancouver, British Columbia--(Newsfile Corp. - February 7, 2022) - IMPACT Silver Corp. (TSXV: IPT) (OTC Pink: ISVLA) ("IMPACT" or the "Company") is pleased to announce that it has completed Phase 2 of the Veta Negra drill program located 3.4 km northwest of IMPACT's 535 tonne per day Guadalupe processing plant in the Royal Mines of Zacualpan District, Mexico.

Veta Negra Drilling

Eight diamond drill holes (Z21-14, Z21-38 to 41, Z21-43, 44 and 46) were drilled with IMPACT's man portable rig to test the mineralization below and to the south of the operating open pit for a total of 1221 meters. Highlight results are listed below:

Hole ID	From (m)	To (m)	Interval (m)	True Width(m)	Ag g/t	Au g/t	Pb %	Zn %	VEIN
Z21-38	23.05	31.60	8.55	6.88	427.82	0.25	0.59	1.46	El Socorro
Z21-38	46.85	48.04	1.19	0.97	237.02	0.10	0.52	1.35	El Socorro splay
Z21-39	4.50	17.50	13.00	12.97	487.00	0.26	0.25	0.45	Veta Negra
Z21-39	55.75	57.30	1.55	1.33	294.77	0.09	0.28	0.55	San Roberto
Z21-40	11.45	14.90	3.45	0.60	260.94	0.02	0.18	0.22	El Socorro splay
Z21-40	34.20	36.55	2.35	1.35	352.11	0.01	0.15	0.33	El Socorro
Z21-40	42.00	45.30	3.30	1.46	180.36	0.56	1.86	4.65	San Roberto
Z21-41	6.15	27.24	21.09	19.85	257.53	0.06	0.12	0.27	Veta Negra
Z21-41	38.70	41.60	2.90	2.12	150.85	0.27	0.38	1.02	El Socorro
Z21-41	105.10	106.60	1.50	1.09	167.00	0.03	0.06	0.44	San Roberto
Z21-43	65.45	69.15	3.70	3.16	278.54	0.27	0.29	0.76	El Socorro
Z21-44	102.40	105.30	2.90	1.80	103.32	0.06	0.40	1.33	El Socorro
Z21-46	135.70	138.70	3.00	2.29	456.52	0.63	1.83	3.80	El Socorro splay

The Veta Negra vein system was mined historically as both an open pit and from underground. Two major north-northwest trending parallel veins, the El Socorro and the Veta Negra, enclosed by stockwork mineralized host rock are currently being mined by IMPACT over widths averaging 14 metres in the open pit. Secondary subparallel veins, the El Socorro splay and the San Roberto were also defined during the Phase 2 drilling.

Mineralization is trucked from Veta Negra to the Guadalupe processing plant and blended with mineral from the Guadalupe, Cuchara and San Ramon mining operations.

IMPACT's man portable hydraulic rig is presently drilling in the San Ramon Mine area testing the southern extension of the Inmaculada Vein system. A Phase 3 drill program is planned to test the northern extension Veta Negra vein systems and test the systems to depth.

ABOUT IMPACT SILVER

IMPACT Silver Corp. is a successful silver-gold explorer-producer with two processing plants on adjacent districts within its 100% owned mineral concessions covering 211km2 in central Mexico with excellent infrastructure and labor force. Over the past 15 years, IMPACT has produced over 10 million ounces of silver, generating revenues of over $202 million, with no long-term debt. At the Royal Mines of Zacualpan Silver District, three underground silver mines and one open pit mine feed the central Guadalupe processing plant. To the south, in the Mamatla District, the Capire Project includes a 200 tpd processing pilot plant adjacent to an open pit silver mine with a 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). Company engineers are reviewing Capire for potential restart of operations in light of current elevated silver prices. With 15 years of exploration successes leading to production cash flows, IMPACT has shown the Zacualpan Silver-Gold District to be endowed with many high grade silver-gold zones and has placed multiple zones into commercial production.

Additional information about IMPACT and its operations can be found on the Company website at www.IMPACTSilver.com. Follow us on Twitter @IMPACT_Silver and LinkedIn at newsfilecorp.com.

Qualified Person and NI 43-101 Disclosure

Wojtek Jakubowski, P.Geo. 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) 681 0172 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. 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

[LoneClone] IMPACT Silver Drills 9.8 Meters of 211 g/t Silver and 13.85 Meters of 186 g/t Si...

LoneClone — 7/13/2021 11:53:09 AM

IMPACT Silver Drills 9.8 Meters of 211 g/t Silver and 13.85 Meters of 186 g/t Silver at Veta Negra First Phase Drill Program

newsfilecorp.com

Vancouver, British Columbia--(Newsfile Corp. - July 13, 2021) - IMPACT Silver Corp. (TSXV: IPT) ("IMPACT" or the "Company") is pleased to announce that it has completed Phase 1 of the Veta Negra drill program located 3.4 km northwest of IMPACT's 535 tonne per day Guadalupe processing plant in the Royal Mines of Zacualpan District, Mexico.

"These results confirm what we have known for the last two years of open pit production at Veta Negra. There is a significant mineralization and prospective grades at shallow depths and expansion potential to the north and south around Veta Negra area. Given the encouraging Phase 1 drill results, we look forward to results from the planned Phase 2 program to start later this month," President and CEO of IMPACT Silver, Fred Davidson, commented.

Veta Negra Drilling

Seven holes (MPZ-308-20 to MPZ-314-20) were drilled with IMPACT's Diamec rig to test the near surface mineralization below and to the north of the operating open pit for a total of 530 meters. Results are listed below:

Hole ID	From (m)	To (m)	Interval (m)	Ag(g/t)	Au (g/t)	Pb %	Zn %
MPZ-308-20	29.10	51.37	21.22	91.90	0.070	0.08	0.20
MPZ-309-20	33.80	44.40	10.60	85.29	0.039	0.46	0.74
MPZ-309-20	37.72	39.60	1.88	275.96	0.069	0.34	0.96
MPZ-310-20	37.50	41.22	3.72	57.85	0.119	0.43	0.52
MPZ-312-20	6.90	14.17	7.27	152.08	0.059	0.15	0.20
MPZ-313-20	1.40	20.35	18.95	64.21	0.043	0.04	0.29
MPZ-313-20	12.12	26.00	13.88	72.48	0.059	0.07	0.33
MPZ-313-20	50.55	54.80	4.25	165.64	0.240	0.34	0.71
MPZ-313-20	71.00	73.30	2.30	98.87	0.358	0.37	0.91
MPZ-314-20	17.00	28.15	11.15	52.00	0.018	0.07	0.12
MPZ-314-20	47.25	51.68	4.43	52.26	0.020	0.14	0.55
MPZ-314-20	70.32	73.92	3.60	171.47	0.059	0.20	0.52

Thirteen holes (Z21-01 to Z21-10 and Z21-12 to Z21-13) were drilled for a total of 1,406m with IMPACT's recently purchased man portable hydraulic rig to test the mineralization to depth on approximately 50 meter step outs. Results are listed below:

Hole ID	From (m)	To (m)	Interval (m)	Ag(g/t)	Au (g/t)	Pb %	Zn %
Z21-01	139.05	141.15	2.10	90.47	0.075	0.37	1.38
Z21-02	71.45	74.30	2.85	49.25	0.046	0.04	0.06
Z21-05	2.65	12.45	9.80	211.28	0.085	0.31	0.31
Z21-05	28.55	30.15	1.60	263.22	0.128	0.47	1.40
Z21-05	37.55	51.40	13.85	186.95	0.984	1.22	2.45
Z21-05	72.50	73.26	0.76	64.23	0.080	0.51	2.37
Z21-06	0.00	7.40	7.40	110.00	0.050	0.09	0.14
Z21-08	0.00	4.50	4.50	70.93	0.013	0.05	0.14
Z21-09	75.00	76.50	1.50	51.33	0.097	0.09	0.44
Z21-10	0.00	9.85	9.85	52.18	0.002	0.00	0.10
Z21-12	6.50	13.00	6.50	38.63	0.068	0.12	0.11
Z21-13	51.00	52.00	1.00	79.75	0.145	0.04	0.09
Z21-13	82.00	83.50	1.50	53.89	0.067	0.07	0.49

The Veta Negra vein system was mined historically as both an open pit and from underground. Two north-northwest trending parallel veins enclosed by stockwork mineralized host rock are currently being mined by IMPACT over widths averaging 14 metres in the open pit. Mineralization is trucked from Veta Negra to the Guadalupe processing plant and blended with mineral from the Guadalupe and San Ramon mining operations.

IMPACT's man portable hydraulic rig is presently drilling in the San Ramon Mine area testing the southern extension of the Inmaculada Vein system. A Phase 2 drill program is planned to test the Veta Negra vein systems to the north of hole MPZ-309-20 and south of hole Z21-05.

ABOUT IMPACT SILVER

IMPACT Silver Corp. is a successful silver-gold explorer-producer with two processing plants on adjacent districts within its 100% owned mineral concessions covering 211km2 in central Mexico with excellent infrastructure and labor force. Over the past 15 years, IMPACT has produced over 10 million ounces of silver, generating revenues of over $202 million, with no long-term debt. At the Royal Mines of Zacualpan Silver District, three underground silver mines and one open pit mine feed the central Guadalupe processing plant. To the south, in the Mamatla District, the Capire Project includes a 200 tpd processing pilot plant adjacent to an open pit silver mine with a 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). Company engineers are reviewing Capire for potential restart of operations in light of current elevated silver prices. With 15 years of exploration successes leading to production cash flows, IMPACT has shown the Zacualpan Silver-Gold District to be endowed with many high grade silver-gold zones and has placed multiple zones into commercial production.

Additional information about IMPACT and its operations can be found on the Company website at www.IMPACTSilver.com. Follow us on Twitter @IMPACT_Silver and LinkedIn at newsfilecorp.com

Drill Location Map: Veta Negra

To view an enhanced version of this graphic, please visit:
orders.newsfilecorp.com

Qualified Person and NI 43-101 Disclosure

Wojtek Jakubowski, P.Geo. 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) 681 0172 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. 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.

705-543 Granville Street Telephone 604 664-7707

Vancouver, BC, Canada V6C 1X8
www.impactsilver.com
Twitter
LinkedIn

[LoneClone] IMPACT Silver continues to drill high grade silver intersections at San Ramon ...

LoneClone — 12/13/2016 8:42:25 PM

IMPACT Silver continues to drill high grade silver intersections at San Ramon Deeps, including 4.93 meters of 354 g/t Silver and 3.10 meters of 434 g/t Silver

ca.finance.yahoo.com

CNW GroupDecember 13, 2016

Trading Symbol: "IPT: TSX.V"

VANCOUVER, Dec. 13, 2016 /CNW/ - IMPACT Silver Corp. ("IMPACT" or the "Company") is pleased to announce more high-grade drill results for silver from the Deeps Zone of the San Ramon Mine in central Mexico. These new drill intersections are located at depth below previously reported drill intersections. Additional holes have been drilled and results are pending. New drill results are as follows:

SAN RAMON DEEPS DRILL RESULTS
Hole No.	Vein	From (meters)	To (meters)	Interval (meters)	True Width (meters)	Ag (g/t)	Au (g/t)	Pb (%)	Zn (%)

MPZ-215	Inmaculada 2	94.00	102.15	8.15	7.09	87	0.07	0.07	0.41

MPZ-216	HW Vein	78.66	81.00	2.34	2.20	194	0.10	0.12	1.08
	Inmaculada 2	95.00	95.80	0.80	0.69	562	0.30	0.73	2.02
	Including	95.55	95.80	0.25	0.22	1,475	0.91	2.25	6.25

UG4-01	Inmaculada 2	99.13	104.50	5.37	4.93	354	0.20	0.21	0.56
	Including	101.46	103.70	2.24	2.06	710	0.40	0.33	1.03

UG4-02	Inmaculada 2	108.00	111.10	3.10	2.65	190	0.14	0.49	1.01
	Including	109.60	110.07	0.47	0.40	608	0.43	0.58	1.27

UG4-03	Inmaculada 2	103.25	106.75	3.50	3.32	141	0.07	0.12	0.28
	Including	106.50	106.75	0.25	0.24	481	0.14	0.84	1.55

UG4-04	Inmaculada 2	114.43	118.10	3.67	3.10	434	0.19	0.73	1.72
	Including	115.25	115.94	0.69	0.58	843	0.30	0.79	2.00

The zone remains open for expansion down dip, up dip and to the north. Drilling will resume when construction of a new underground drill station is completed on Level 22 (currently the deepest level in the mine) to enable drill testing of the zone to greater depths. Highlights of previous drill intersections at San Ramon Deeps included 14.82 meters of 481g/t silver and 21.74 meters of 271g/t silver (see IMPACT Silver news releases dated May 5, 2016, March 2, 2016 and January 12, 2016 for details of previous drilling).

The San Ramon Mine is located five kilometers southeast of IMPACT's 500 tonne per day Guadalupe processing plant in the Royal Mines of Zacualpan District of central Mexico. The mine commenced production in 2006, and since then mining has occurred on 22 working levels over a vertical distance of 260 meters. IMPACT discovered this deeper zone of high-grade mineralization in 2014 and began mining soon after. Since then this zone has been largely responsible for the higher silver grades reported by IMPACT's Guadalupe mill and accounts for 40% of IMPACT's current production. To date this deep vein has been exposed in mine workings on Levels 16.5, 18, 19, 20, 21 and 22 over a length of 180 meters. The recent drilling outlined the vein to a vertical distance of 35 to 60 meters below the current mine workings. (For a section of the San Ramon Deeps Zone and drill holes, see the San Ramon Mine slide in the PowerPoint presentation on the company website at www.IMPACTSilver.com).

Wojtek Jakubowski, P.Geo., and George Gorzynski, P.Eng., Qualified Persons under the meaning of Canadian National Instrument 43-101, have approved the technical content of this news release.

About IMPACT Silver:
IMPACT Silver Corp. is a silver producer with two processing plants on two adjacent projects within its 100% owned mineral concessions covering 357km2 in central Mexico: the Guadalupe Production Centre and the Capire Processing Plant. At Guadalupe, three underground silver mines, including San Ramon, feed the central 500 tpd processing plant located within the historic Royal Mines of Zacualpan Silver District. At Capire, the 200 tpd processing plant and open pit silver mine are on care and maintenance waiting for a recovery in silver prices. Additional information about IMPACT and its operations can be found on the Company website at www.IMPACTSilver.com.

On behalf of IMPACT Silver Corp.

"Frederick W. Davidson"
President & CEO

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. Such statements reflect the current risks, uncertainties and assumptions related to certain factors including but not limited 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 NI43-101 the Company is required to disclose that it has not based its production decisions on NI43-101-compliant mineral resource or reserve estimates, preliminary economic assessments or feasibility studies, and historically such projects have increased uncertainty and risk of failure.

SOURCE IMPACT Silver

[LoneClone] IMPACT Silver Announces Second Quarter 2016 Financial and Production Results Tu...

LoneClone — 8/29/2016 1:27:02 PM

IMPACT Silver Announces Second Quarter 2016 Financial and Production Results

Tue, 23 Aug, 2016 4:30 PM EDT

ca.finance.yahoo.com

IPT.V	0.81	-0.05

Trading Symbol: "IPT: TSX.V"

VANCOUVER, Aug. 23, 2016 /CNW/ - IMPACT Silver Corp. ("IMPACT" or the "Company") is pleased to announce its financial results for the six months ended June 30, 2016.

Fred Davidson, President and CEO, stated, "The increase in silver prices has had a positive impact on the Company's financial performance. For the fourth consecutive quarter the Company's EBITDA1 is positive at $0.6 million for Q2 2016 compared to a negative EBITDA of $0.8 million in Q2 2015. Revenues in Q2 2016 increased by 61% over Q2 2015 to $4.4 million. Operationally, the Company is continuing to improve its mine operating income, achieving income of $0.7 million in Q2 2016 compared to a loss of $0.8 million in Q2 2015.

The upward trend in silver prices which started at the beginning of 2016 has continued through August, with prices rising from $14 to over $20. A combination of positive cash flows from operations and aggregate gross proceeds of $7.6 million raised during Q2 2016 will enable IMPACT to refocus its efforts on a more aggressive exploration program which will include drilling a number of key targets. The Company will also continue with its strategy of focusing on higher grade mineral on both the exploration and production fronts as it has proved effective through the last few years of difficult mining markets allowing us to keep our operations lean. With IMPACT's persistent emphasis on profitability for every ounce produced, combined with the exploration potential of higher grade zones of silver at San Ramon and balance sheet strength, IMPACT is a self-sufficient and growing explorer-producer in the Mexican silver space."

Financial Overview

Revenues for the second quarter were $4.4 million, a significant increase from $2.7 million in 2015. The 61% increase was due to higher silver prices, and greater production tonnage.

EBITDA improved to $0.6 million for the second quarter of 2016 compared to a negative EBITDA of $0.8 million for the same period of 2015.

Mine operating earnings before amortization and depletion2 improved significantly by $1.5 million to $1.3 million in Q2 2016 from a loss of $0.2 million in Q2 2015.

Net loss was $0.1 million for the quarter, of which non-cash items included $0.6 million in amortization and depletion, compared to a $1.0 million net loss in the same quarter last year, of which non-cash items included $0.5 million in amortization and depletion.

Due to the private placements and cash controls in Q2 2016, the Company's cash position at June 30, 2016 improved substantially to $7.7 million compared to $0.7 million at December 31, 2015. Net working capital correspondingly improved to $11.5 million at June 30, 2016 from $2.9 million at December 31, 2015.

Capital expenditures during the quarter included exploration & evaluation asset expenditures of $0.4 million (2015 - $0.4 million) and $0.1 million in property, plant & equipment expenditures (2015 - $nil).

Production Overview

Silver production was 235,990 ounces for the second quarter of 2016, up 8% from 218,380 ounces in the same period of 2015.

Average mill feed grade for silver was comparable at 180 grams per tonne (g/t) and 181 g/t in the second quarters of 2016 and 2015 respectively.

Total tonnes milled during the second quarter of 2016 increased 7% to 45,099 from 42,300 in the comparable quarter of 2015.

Silver sales increased 12% in the second quarter of 2016 to 235,531 ounces from the 209,832 ounces sold in the same period in 2015 as a result of increased tonnage throughput and increased metallurgical silver recoveries. Silver prices have begun to rally with the average for the second quarter of 2016 up 2% from the same period last year, and up 13% over the first quarter of this year. As a result of the increased silver prices and sales, the Company's revenues increased significantly to $98.32 per tonne in the second quarter of 2016, from $66.37 in the second quarter of 2015. For the first six months of 2016 the revenue per tonne improved by 20% to $93.35, compared to $77.84 in the same period of 2015.

Health and Safety Awards

IMPACT's mining team recently received recognition awards for excellence in health and safety standards by the Secretary of Labour and Social Welfare in Mexico. This recognition acknowledges the Company's effective working environment, strong relationships with its employees and reduced workplace accidents, illnesses and absenteeism.

Exploration

The Company is continuing exploration with the goal of putting some of the 4,500+ compiled old mine workings in the Zacualpan and Capire districts on a faster track to potential production and build mineral inventories for mining. With the proceeds from the Q2 2016 financing, the Company will begin surface and underground drilling programs in the fourth quarter. In May 2016, the Company announced some of the best drilling intersections ever reported in the district at San Ramon Deeps, including 14.82 meters of 481g/t silver. The fall program will include expanded programs at San Ramon and San Patricio where the Company's next mine is being developed. Recently exploration work focused on large and high grade targets at Alacran North, El Zapote and El Angel.

With a track record of successful exploration, rapid mine development to production and thousands of old mine workings identified to date as exploration targets, IMPACT is well positioned as the metal markets continue to improve. The Company remains dedicated to its long term vision as there is potential for establishing multiple mills throughout the two districts it operates in, each fed by multiple mines producing silver-lead-zinc as well as gold and copper.

A recorded conference call reviewing the financial and production results of the six months ended June 30, 2016, will be available on the Company website on August 24, 2016, at www.impactsilver.com/s/ConferenceCalls.asp.

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.

IMPACT has control of the majority of two entire mineral districts in central Mexico: the Royal Mines of Zacualpan Silver District and the Capire-Mamatla Mineral District adjacent to and southwest of Zacualpan. The Company produces silver with lead and gold byproducts at its 550 tonne per day Guadalupe processing plant in the Royal Mines of Zacualpan District. Additional information about the Company and its operations can be found on the website, www.impactsilver.com.

On behalf of the Directors of IMPACT Silver Corp.,

"Frederick W. Davidson"
President & CEO

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. Such statements reflect the current risks, uncertainties and assumptions related to certain factors including but not limited 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.

__________________________________________
1 Earnings before interest, taxes, depreciation and amortization (EBITDA) is a non-IFRS measure which the Company believes provides meaningful information about the Company's financial performance.
2Mine operating earnings before amortization and depletion is a non-IFRS measure which the Company believes provides a useful indicator of how the Company's operations are performing.

SOURCE IMPACT Silver

Contact:
Jerry Huang, Investor Relations Manager, (604) 681-0172 or inquiries@impactsilver.com

[LoneClone] IMPACT Silver Corp. Announces Financial and Production Results for the Second Qu...

LoneClone — 8/26/2013 9:05:18 PM

IMPACT Silver Corp. Announces Financial and Production Results for the Second Quarter and Half Year 2013

11 hours ago

ca.finance.yahoo.com

IPT.V	0.91	+0.0300

Trading Symbol: "IPT: TSX.V"

IMPACT Silver Corp. ("IMPACT" or the "Company") announces the unaudited financial and production results for the second quarter and half year ended June 30, 2013.

Fred Davidson, President and CEO, stated, "At the six month mark in 2013, our tonnage, silver production and grades have increased considerably compared to this time last year. We have achieved advancing two mines into initial production this year, which are now beginning to feed higher grade silver to both of our production centres, and we did that with internal cash flow and capital. For the balance of 2013, we will focus exploration on our known higher grade zones and improving the optimization of the Capire pilot plant towards the potential expansion of the open pit mine and production centre."

Half Year 2013 Summary

-Revenues for the first half of the year totaled $8.0 million, a slight decrease from $8.1 million in the first half of 2012.

-Operating expenses increased by 32% to $5.8 million, compared to $4.4 million in the comparable period of 2012.

-Mine operating earnings amounted to $1.2 million in the first half of the year, compared to $2.9 million in the comparable period of 2012.

-Losses for the first half of 2013 were $2.6 million, largely attributable to increased operating costs, increased non-cash share-based payments expense and a non-cash write-down of $0.6 million in the carrying value of an investment in the shares of Defiance Silver Corp.

-Cash and cash equivalents totaled $10.0 million at June 30, 2013, compared to $16.0 million at December 31, 2012. Cash was reduced as a result of investments made to complete the Capire Production Centre and to further the Company's active drilling exploration program.

-Cash flows from operations before changes in non-cash working capital were $0.6 million, compared to $1.9 million in the comparable period in 2012.

Second Quarter 2013 Highlights

-Revenues totaled $3.8 million, a 4% increase from $3.6 million in the comparable period in 2012.

-Mine operating earnings were $0.1 million, compared to $1.3 million in the second quarter of 2012.

-Net loss after taxes amounted to $1.9 million, attributable to an increase in operating costs due to retroactive payments to union workers and higher mining costs as initial production began at the Cuchara-Oscar and Capire Mines.

-Cash flows from operations before changes in non-cash working capital were $(0.2) million and net working capital remained strong at $12.7 million, subsequent to spending $1.4 million on exploration and development of the Company's properties and $2.2 million on property, plant and equipment.

-Silver production increased to 185,998 ounces, a 20% increase from 154,406 ounces in the comparable quarter in 2012.

-Average mill feed grade for silver increased by 12% to 163 grams per tonne (g/t) compared to 145 g/t in the second quarter of 2012.

-Gold production totaled 360 ounces, a 126% increase from 159 ounces in the second quarter of 2012.

-Total tonnes milled during the quarter increased by 6% to 42,086 from 39,813 in the comparable period in 2012.

Refocusing in Times of Lower Metal Prices

On January 2, 2013, the first day of trading for the year, the London Fix silver price was US$30.87. On June 30, 2013 the silver price was US$18.86, a 39% decrease, and has since rebounded slightly to average US$20 per ounce. In response to this significant drop in silver price, the Company is refocusing its mining and exploration work. Mining is now targeting the higher grade silver zones at the operating San Ramon, Noche Buena and Cuchara-Oscar Mines. At the Capire Mine, higher grade material from the open pit is currently being processed while lower grade material is stockpiled for future processing. At the Mirasol Prospect, engineering studies for potential development of the project toward production have been accelerated.

IMPACT is fortunate that its producing mines contain higher grade zones capable of generating positive cash flow in these times of lower metal prices. Exploration for the second half of 2013 will be largely focused on drilling high grade targets that can be quickly put into production through proximal, low cost and rapid expansion of the current producing mines. These initiatives began during the first half of 2013 to achieve positive cash flow in response to lower metal prices while keeping lower grade zones accessible for when metal prices recover. IMPACT's ability to react quickly to changing economics while maintaining a healthy treasury ensures that the Company will weather the downturn in the markets and lower metal prices, and will be ready to benefit from and grow in the coming recovery.

IMPACT Silver operates two silver production centres within its 100%-owned 623 km? land package in south-central Mexico: the Guadalupe Production Centre and the new Capire Production Centre. At Guadalupe, three underground silver mines feed the central 500-tpd processing plant located within the historic Royal Mines of Zacualpan Silver District. At Capire, the Company's first open-pit silver mine commenced initial production in early 2013. IMPACT also holds a 19.9% shareholding in Defiance Silver Corp., who plans to advance IMPACT's processing plant and mineral concessions into production in the Zacatecas Silver District in Mexico. The full version of the financial statements and the management discussion and analysis can be viewed on the Company's website at www.IMPACTSilver.com or on SEDAR at www.sedar.com. A recorded conference call reviewing the second quarter and half year 2013 results will be available on the Company's website on Tuesday, August 27, 2013 at www.IMPACTsilver.com/s/ConferenceCalls.asp.

On behalf of the Directors of IMPACT Silver Corp.

"Frederick W. Davidson"

President & CEO

For further information, please contact:

Meghan Brush, Investor Relations

1-604-681-0172 or inquiries@impactsilver.com

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 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. Such statements reflect the current risks, uncertainties and assumptions related to certain factors including but not limited 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.

1100-543 Granville Street Telephone 604 681-0172

Vancouver, BC, Canada V6C 1X8Facsimile 604 681-6813

[LoneClone] IMPACT Silver Corp. Announces Commissioning of the New Capire Production Centre ...

LoneClone — 3/14/2013 6:57:00 PM

IMPACT Silver Corp. Announces Commissioning of the New Capire Production Centre in Mexico

Press Release: IMPACT Silver Corp. – 4 hours ago

finance.yahoo.com

IPT.V	1.01	-0.03

VANCOUVER, BRITISH COLUMBIA--(Marketwire - Mar 14, 2013) - IMPACT Silver Corp. ("IMPACT" or the "Company") (TSX VENTURE:IPT) is pleased to announce the start of preliminary operations at its second production centre in Mexico, the new Capire Production Centre ("Capire"). The open-pit Capire mine and pilot processing operation is located in northern Guerrero State in south-central Mexico. Construction of the 200 tpd (tonne-per-day) pilot plant is now complete and first concentrate shipments are expected within the second quarter of 2013.

The Capire Production Centre hosts an initial 200 tpd flotation circuit pilot plant, with the objective to significantly expand processing operations in the future. The purpose of the 200 tpd pilot plant and mining operation is to determine the future production costs and cut-off grades for a possible larger plant and provide near-term operating cash flow. Production revenues are projected to come from silver with zinc, lead, gold and possibly copper byproducts.

Exploration drilling is continuing both to expand the Capire deposit and to test nearby satellite silver prospects. A minimum 10,000 meter drill program is planned for the Capire area in 2013. Among other factors, the level of drilling success through 2013 and into 2014 will determine the size of the future plant expansion. The main mineralized zones in the Capire area are volcanogenic massive sulphide (VMS) base metal deposits with elevated silver values (see IMPACT's Updated N1 43-101 Report on Mineral Resources of the Capire-Aurora1 Project dated January 28, 2011 at www.sedar.com for details).

Infrastructure is good throughout the Capire area with gravel road networks, gentle topography, a new electric power line, water supplies and a local work force augmented by personnel from IMPACT's Royal Mines of Zacualpan Silver Production Center, located a 40 minute drive to the north. Photos chronicling the development of the Capire Mine and Processing Plant are available on the Company website at www.IMPACTSilver.com.

George Gorzynski, P. Eng., Vice President Exploration and a Qualified Person under the meaning of Canadian National Instrument 43-101, is responsible for the technical content of this news release.

IMPACT is a profitable silver mining company with two production centres in Mexico, the Guadalupe and the Capire. At Guadalupe, the Company's 100% owned and operated underground silver mines feed a central 500 tpd processing plant located within the historic Royal Mines of Zacualpan Silver District. The recent commencement of production at the underground Cuchara-Oscar Mine at Guadalupe and the start of preliminary operations at the open-pit Capire Mine represent the next phase of significant production growth for the Company, with the objective of ultimately establishing IMPACT as a multimillion-ounce silver producer. IMPACT also holds a 17.29% shareholding in Defiance Silver Corp., which is advancing the Company's 200 tpd processing plant and mineral concessions to production in the Zacatecas Silver District in Mexico. Additional information can be found on the Company website at www.IMPACTSilver.com.

On behalf of IMPACT Silver Corp.

Frederick W. Davidson, President & CEO

Forward-Looking 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. Such statements reflect the current risks, uncertainties and assumptions related to certain factors including but not limited 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.

Contact:
IMPACT Silver Corp.
Meghan Brush
Investor Relations
(604) 681 0172
(604) 681 6813
inquiries@impactsilver.com
www.IMPACTSilver.com

[LoneClone] With two more mines going into production shortly, IPT should have a good year. ...

LoneClone — 1/21/2013 3:33:57 PM

With two more mines going into production shortly, IPT should have a good year.

LC

[El Ringo] hope it starts to move from here.... holding mine from 2.04 entry. im sure it wi...

El Ringo — 1/21/2013 2:51:50 PM

hope it starts to move from here.... holding mine from 2.04 entry. im sure it will do fine if silver heads up from here.

[LoneClone] A Banner Year for IMPACT Silver Corp.'s Exploration in 2012 18 minutes ago ca....

LoneClone — 1/21/2013 2:08:37 PM

A Banner Year for IMPACT Silver Corp.'s Exploration in 2012

18 minutes ago

ca.finance.yahoo.com

[LoneClone] I forgot this board was here until I happened to notice it today. IPT is now mov...

LoneClone — 1/15/2013 7:03:01 PM

I forgot this board was here until I happened to notice it today. IPT is now moving into a sweet spot as production again ramps up after the disappointment of Chivo running out early, so I started in adding to my position today. I have a target of $2 for these shares, having ridden the sub-$1.25 to $2 train a number of times on this stock over the years.

LC

[TheSlowLane] Nice...looks like it's not the only one either...

TheSlowLane — 3/23/2012 11:08:03 AM

[Eva] We got a snazzy snap back this morning : stockcharts.com

Eva — 3/23/2012 10:16:32 AM

[TheSlowLane] Snazzy new web site! impactsilver.com ...with a video, too!

TheSlowLane — 9/1/2011 5:54:21 PM

[TheSlowLane] I haven't been following IPT closely to tell you the truth but I did see a relea...

TheSlowLane — 9/1/2011 10:28:45 AM

I haven't been following IPT closely to tell you the truth but I did see a release from Defiance recently about them picking up the Zacatecas mill. Looks like the two companies are finding some good areas of common interest.

[shakes] TSL, What do you think? Shakes

shakes — 9/1/2011 10:15:46 AM