IMPACT Silver Discovers New San Ramon South Zone Including Intersections of 1.93m of 1,443 g/t Silver and 3.65m of 568 g/t Silver at Zacualpan Mining District, Mexico
IMPACT Silver Discovers New San Ramon
South Zone Including Intersections of 1.93m of
1,443 g/t Silver and 3.65m of 568 g/t Silver at
Zacualpan Mining District, Mexico
Vancouver, British Columbia--(Newsfile Corp. - December 14, 2021) -
IMPACT Silver Corp. (TSXV: IPT)
(OTC Pink: ISVLF) ("IMPACT" or the "Company") is pleased to announce the discovery of a new zone at
the San Ramon Mine, the San Ramon South Zone, at the Royal Mines of Zacualpan District, central
Mexico.
Initial drill holes intersected high-grade silver from surface drilling located 50m to the south and 150m up
dip from previous underground mining and drilling at the San Ramon Mine. A total of 3,726m of drilling in
14 holes has been completed in the San Ramon South area with IMPACT's recently purchased surface
diamond drill rig. The zone remains open up dip and to the south along strike for further extension.
Drill
highlights received to date from this new zone are as follows:
HOLE
NO.
FROM
(m)
TO (m)
INTERVAL
(m)
TRUE
WIDTH
(m)
Ag ppm
Pb %
Zn %
VEIN
Z21-11
168.15
171.20
3.05
2.57
273.6
0.55
1.37
Inmac2
Z21-15
199.40
204.95
5.55
5.07
191.7
0.14
0.36
Inmac2
Z21-15
223.90
226.00
2.10
1.93
1443.1
0.07
0.14
Inmaculada
Z21-16
229.30
231.40
2.10
1.93
896.7
1.63
7.95
Inmaculada
Z21-17
179.00
181.30
2.30
2.10
453.5
0.17
0.35
Inmaculada
Z21-22
304.90
307.15
2.25
1.81
410.0
0.14
0.30
Inmaculada
Z21-24
143.00
146.86
3.86
3.65
568.4
0.58
0.99
Inmac3
Z21-24
150.45
152.66
2.21
2.04
167.0
0.07
0.21
Inmac2
Z21-28
213.00
216.00
3.00
2.25
479.8
0.09
0.11
Inmac2
Z21-28
248.50
252.15
3.65
2.73
161.3
0.21
0.54
Inmaculada
Z21-30
272.35
274.30
1.95
1.50
167.8
0.05
0.14
Inmaculada
Z21-34
197.60
199.30
1.70
1.62
217.9
0.36
0.13
Chaparrita
Z21-34
303.45
304.70
1.25
1.15
185.0
0.04
0.08
Inmac2
Z21-34
310.05
311.30
1.25
1.15
251.0
0.02
0.05
Inmaculada
The San Ramon Mine is located five kilometers southeast of IMPACT's central Guadalupe processing
plant in the Royal Mines of Zacualpan District of central Mexico. It commenced production in 2008 on the
San Ramon Upper Zone and in 2014 on the San Ramon Deeps Zone discovered at depth, together
averaging 20-30% of IMPACT's total quarterly production for the last decade and half.
In total, mining has
occurred on 29 working levels on three subparallel vein systems. Known mineralization over the total San
Ramon workings has a down dip length of 430m and a strike length of 500m. It remains open for
expansion and additional drilling is in progress. A vertical long section through the San Ramon mine and
drill holes is attached to this news release or can be viewed on the company website at
www.IMPACTSilver.com
.
Qualified Person and NI 43-101 Disclosure
Wojtek Jakubowski, P.Geo., a Qualified Person under the meaning of Canadian National Instrument 43-
101, approved the technical content of this news release.
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 11.2 million
ounces of silver, generating revenues of over $220 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 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-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
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
(604) 681 0172 or
(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
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