IMPACT Silver Discovers New Zone at the Guadalupe Mine, Mexico Initial Results include 2.61 meters of 1,263 g/t Silver and 8.82 meters of 306 g/t Silver

IMPACT Silver Discovers New Zone at

the Guadalupe Mine, Mexico

Initial Results include 2.61 meters of 1,263 g/t Silver and 8.82

meters of 306 g/t Silver

Trading Symbol: "IPT: TSX.V"

VANCOUVER, Sept. 6, 2018 /CNW/ - IMPACT Silver Corp.

("IMPACT" or the "Company") is pleased to announce the discovery of

a new mineralized shoot on the Lipton vein in the Guadalupe mine.

The new Lipton Norte Zone was discovered during an underground

drill program which was designed to test the northern extension of the

near vertical vein system. To date the new zone has been drilled over

a length of 120m and vertical distance of 80m. The well mineralized

shoot remains open in all directions. Results from the recent drilling

are as follows:

HOLE No. FROM

(m) TO (m) INTERVAL

(m)

TRUE_WIDTH

(m)

SILVER

ppm

GOLD

ppm

LEAD

%

ZINC

%

LG-UG01-01 181.50 182.50 1.00 0.64 245 0.10 0.17 0.62

LG-UG01-02 199.25 210.25 11.00 10.57 201 0.13 0.20 0.55

including 205.90 210.25 4.35 4.18 381 0.09 0.42 1.17

LG-UG01-03 231.00 240.35 9.35 7.74 466 0.13 0.56 1.13

including 231.00 234.15 3.15 2.61 1,263 0.26 1.61 3.23

LG-UG01-04 224.95 235.00 10.05 8.82 306 0.11 0.25 0.51

LG-UG01-05 210.15 213.35 3.20 2.87 135 0.13 0.45 1.22

LG-UG01-06 25.30 26.95 1.65 1.53 240 0.04 0.67 2.57

LG-UG01-06 204.35 207.40 3.40 2.87 308 0.19 0.27 0.43

LG-UG01-07 224.65 227.00 2.35 2.02 206 0.50 0.16 0.33

The area was initially targeted during an exhaustive compilation of the

Guadalupe mine workings into IMPACT's comprehensive GIS

database of the large 357km2 land package. The geology team

discovered evidence of additional high-grade silver potential in this

area and allocated drilling in 2018's brownfield exploration plans.

The Guadalupe mine has an operating shaft and is located just beside

the Guadalupe 535 tonne per day processing plant; two factors which

minimize mining and trucking costs. The Company is pleased to see

exploration results are significantly higher grade than recent mill head

grade and plans to mine mineral from this newly discovered zone in

coming quarters to increase revenue per tonne as well as carry out

additional brownfields exploration elsewhere in the Guadalupe mine.

Historical production from the Guadalupe Mine was first recorded in

1529 and produced an estimated 9,000,000 ounces of silver between

1967 and 1982 from five veins on six levels to a depth of 270m below

surface. Throughout the centuries, as mining technologies allowed

greater depths to be mined and better recovery techniques were

developed the economic silver grades dropped. Fluctuations in the

price of silver, revolutions and economic downturns resulted in many

shutdowns and re-openings but Guadalupe has always managed to

recover and continue to produce silver and wealth for investors and

the local communities.

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 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/September2018/06/c8557

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%SEDAR: 00001640E

For further information: Jerry Huang, CFO & Investor Relations,

(604) 681 0172 or [email protected]

CO: IMPACT Silver Corp.

CNW 09:00e 06-SEP-18