IMPACT Silver Discovers New Zone at San Ramon Mine, Mexico - Initial Results include 2.04 meters of 661 g/t Silver and 4.97 meters of 354 g/t Silver
IMPACT Silver Discovers New Zone at San Ramon Mine, Mexico - Initial Results
include 2.04 meters of 661 g/t Silver and 4.97 meters of 354 g/t Silver
Trading Symbol: "IPT: TSX.V"
VANCOUVER, July 17, 2018 /CNW/ - IMPACT Silver Corp. ("IMPACT" or the "Company") is pleased to
announce the discovery of a new zone in the San Ramon mine. The new San Ramon Deeps #2 Zone
was discovered through an underground drill program testing the southern extension of the vein system.
High-grade silver results have been intersected 100m south of current mining levels of the San Ramon
Mine in the Royal Mines of Zacualpan Silver District, central Mexico. The zone remains open for further
extension vertically above for nearly 300 meters and to the south. Highlights from these new drill holes
are as follows:
HOLE No. FROM (m) TO (m) INTERVAL (m) TRUE_WIDTH (m) Ag g/t Au g/t Pb % Zn% Vein
SR-UGR06-01 64.50 66.65 2.15 1.72 190.5 0.21 0.13 0.23 Inmaculada
SR-UGR06-01 58.15 59.45 1.30 1.04 335.2 0.04 0.14 0.34 Inmaculada
SR-UGR06-04 47.85 50.50 2.65 2.22 219.2 0.06 0.08 0.14 Inmaculada
SR-UGR06-05 71.45 73.15 1.70 1.25 258.6 0.10 0.34 1.14 Inmaculada
SR-UGR06-09 77.50 86.15 8.65 4.97 345.4 0.12 0.57 1.48 Inmaculada
SR-UGR06-09 76.70 80.26 3.56 2.04 661.2 0.23 1.28 3.28 Inmaculada
Other holes in this program (shown on the attached section) intersected lower grades or intersected
outside the San Ramon Deeps #2 Zone. The San Ramon vein systems have proven to be remarkably
consistent and well endowed. The up dip potential from these new intersections is strong and remains a
compelling target for further drilling. Surface mapping and sampling is underway to guide further drilling
from surface over the southern extension of the San Ramon veins. Historical sampling of the Inmaculada
Vein on surface has returned values ranging from 202 to 455 ppm silver over a strike length of 180m
south of the current mine workings.
The San Ramon Mine is located five kilometers southeast of IMPACT's 535 tonne per day Guadalupe
processing plant. Since IMPACT's production started in 2005 the Company has produced over eight
million ounces of silver in concentrates from the plant with feed from several mines In total mining has
occurred on 23 working levels over a vertical distance of 270 meters at San Ramon. The San Ramon
Deeps 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. (A map and section of 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) and direct linked here
http://www.impactsilver.com/i/maps/San-Ramon-IPTSilverExp-071718.pdf
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 successful silver explorer-producer with two processing plants on adjacent
districts within its 100% owned mineral concessions covering 357km2 in central Mexico with excellent
infrastructure and labor force. Over the past twelve years over 8.1 Moz of Silver has been produced,
generating revenues of $168 million, with no long-term debt. In the historic Royal Mines of Zacualpan
Silver District three underground silver mines feed the central 535 TPD Guadalupe processing plant. To
the south, in the Mamatla District the Capire processing plant is currently rated at 200 tpd, but is
expandable. It is adjacent to an open pit silver mine with a NI-43-101 compliant resource of over 4.5 Moz
Silver, 48 million lbs Zinc and 21 million lbs Lead that is awaiting higher silver prices to be restarted.
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 Corp.
View original content: http://www.newswire.ca/en/releases/archive/July2018/17/c1926.html
%SEDAR: 00001640E
For further information: Jerry Huang, CFO & Investor Relations, (604) 681 0172 or
CO: IMPACT Silver Corp.
CNW 09:30e 17-JUL-18