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IMPACT Silver Intersects 114.5 g/t Gold, 1,295 g/t Silver and 1.10% Copper over 0.61m Within 9.79 g/t Gold, 212 g/t Silver and 0.29% Copper over 9.49m on Carlos Pacheco Vein Extension at Noche Buena Mine

Drill Results

IMPACT Silver Intersects 114.5 g/t Gold, 1,295

g/t Silver and 1.10% Copper over 0.61m Within

9.79 g/t Gold, 212 g/t Silver and 0.29% Copper

over 9.49m on Carlos Pacheco Vein Extension

at Noche Buena Mine

Vancouver, British Columbia--(Newsfile Corp. - April 21, 2026) - IMPACT Silver Corp. (TSXV: IPT)

(OTCQB: ISVLF) (FSE: IKL) ("IMPACT" or the "Company") is pleased to announce new drill results on

the north extension of the Carlos Pacheco Vein System at its producing Noche Buena gold-silver mine

located 4km southwest of its Guadalupe mill in the Royal Mines of Zacualpan District, Mexico.

CARLOS PACHECO VEIN NORTH EXTENSION DRILL RESULTS

Surface drilling intersected significant mineralization on the Carlos Pacheco Veins north extension as

follows:

TABLE 1: CARLOS PACHECO VEIN DRILL RESULTS

Hole No.

From

(metres)

To

(metres)

Interval

(metres)

Est. True

Width (m)

Gold

(g/t)

Silver

(g/t)

Lead

(%)

Zinc

(%)

Copper

(%)

Z25-01

95.40

96.75

1.35

1.13

0.29

146

0.02

0.28

0.04

Z25-02

124.26

124.80

0.54

0.33

1.20

28

0.03

0.04

0.27

Z25-03

145.40

147.15

1.75

0.79

4.53

46

0.11

0.26

0.12

Z25-04

128.85

130.40

1.55

1.24

1.25

22

0.11

0.46

0.12

Z25-05

159.85

161.15

1.30

0.69

0.60

163

0.10

0.23

0.01

Z25-06

210.15

215.35

5.20

1.95

4.83

43

0.02

0.06

0.76

Including

210.15

212.30

2.15

0.81

7.63

45

0.04

0.13

0.83

Z25-07

205.95

208.00

2.05

1.82

0.07

13

0.02

0.06

0.11

Z25-08

Drill hole stopped short of Carlos Pacheco Vein, no samples collected.

Z25-09

119.05

120.08

1.03

0.86

1.26

87

0.68

1.44

0.01

Z25-10

137.20

137.50

0.30

0.27

1.53

94

3.75

6.20

0.08

Z25-11

115.05

117.50

2.45

2.23

3.74

116

0.42

1.00

0.02

Including

116.30

117.50

1.20

1.09

5.92

166

0.64

1.65

0.03

Z25-12

93.75

98.60

4.85

4.24

3.67

76

0.14

0.27

0.00

Including

95.75

97.65

1.90

1.66

7.60

109

0.26

0.47

0.00

Including

95.75

96.70

0.95

0.83

8.42

131

0.36

0.60

0.01

Z26-01

95.30

95.75

0.45

0.35

0.75

9

0.04

0.19

0.16

Z26-02

36.65

38.15

1.50

1.31

1.63

56

0.90

1.94

0.26

Including

37.35

38.15

0.80

0.70

2.44

72

1.25

2.31

0.24

Z26-03

Drill hole crossed Carlos Pacheco Vein in weathered oxide zone, no samples collected.

Z26-04

88.60

90.20

1.60

0.98

0.25

313

0.20

0.31

0.03

And

96.08

111.60

15.52

9.49

9.75

212

1.37

2.12

0.29

Including

101.80

111.60

9.80

6.00

15.11

306

1.86

2.80

0.40

Including

106.85

111.60

4.75

2.91

30.64

509

2.72

3.48

0.70

Including

108.80

111.60

2.80

1.71

49.84

748

1.95

3.42

0.91

Including

109.75

110.75

1.00

0.61

114.50

1,295

2.75

5.04

1.10

Z26-05

105.30

106.60

1.30

0.72

4.03

336

0.21

0.33

0.02

Z26-06

159.20

159.90

0.70

0.61

1.67

58

0.54

3.15

0.32

Surface drill results reported in this news release tested the north extension of the Carlos Pacheco Vein

and its splay veins for 150m north of the active mine workings. This 150m well mineralized segment

trends NNW. Beyond that the vein bends toward a NW direction where three drill holes (Z25-13, 14, 15)

did not intersect any significant mineralization. However, further north beyond drill hole Z25-15, drill hole

Z26-02 intersected significant assays and additional drilling is planned.

NOCHE BUENA MINE

In late 2025, IMPACT restarted the Noche Buena Mine where previous mining sourced mineral from two

veins - the Noche Buena silver vein and the Carlos Pacheco gold-silver vein - and began mapping and

drilling of the north extensions of the Carlos Pacheco Vein. Current production is from the Carlos

Pacheco Vein System.

CEO STATEMENT

President and CEO Fred Davidson commented, "We are very pleased with these new high-grade gold

and silver drill results on the extension of the Carlos Pacheco Vein System north of where we recently

restarted mining. This mine has two different veins, the Noche Buena Vein from which we mine silver and

the nearby Carlos Pacheco Vein System where we have begun to mine gold as well as silver. We are

also encouraged by the significant copper values in this north extension and with additional exploration

success, may consider mining copper as well. All in all, an excellent first phase to the drill program and to

the benefit of our Noche Buena Mine."

ABOUT IMPACT SILVER

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

Royal Mines of Zacualpan Silver-Gold Mine

: IMPACT owns 100% of over 200 km2 of highly

prospective ground at Zacualpan 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 which

is being reviewed for a potential restart of operations. Over the past 20 years, IMPACT has

developed multiple exploration zones into commercial production and has produced approximately

14 million ounces of silver, generating revenue of more than $322 million, with no long-term debt.

Plomosas Zinc Project

: Plomosas is a high-grade zinc project in northern Mexico with

exploration upside potential. In March 2026, the Company temporarily suspended mining

operations at Plomosas while it works toward a more efficient and sustainable operating plan.

Exploration potential at Plomosas lies along a long 6 km 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

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 Zacualpan 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 Guadalajara, 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). All gold results were carried out by standard

fire assay with an AAS finish (ALS code Au-AA23). ALS is a major, 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, 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

VP Finance, Investor Relations

O: (604) 664 7707 or

[email protected]

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 News Release contains forward-looking statements or forward-looking information relating to

IMPACT (collectively, "forward-looking information").

Forward-looking information is often, but not

always, identified by the use of words such as "plan", "expect", "project", "predict", "potential",

"targeting", "intend", "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. Forward-looking information in this News Release

includes information concerning, among other things, strategies, plans and expectations concerning the

Company's, business and operations, including those in respect of the Zacualpan, Plomosas, Capire

and other projects, and the anticipated outcomes thereof; the status and potential outcomes of

discussions with third parties regarding potential operational arrangements on nearby mining projects

and the Company's outlook in respect of the metals market, including the demand for silver and zinc.

These statements involve known and unknown risks, uncertainties, and other factors that may cause the

Company's actual results, levels of activity, performance or achievements to be materially different from

any future results, levels of activity, performance or achievement expressed or implied by these forward-

looking statements. The forward-looking information in this News Release is based on the beliefs and

assumptions of IMPACT management considered reasonable as of the date hereof, including but not

limited to the assumption that the temporary suspension and continued exploration work at Plomosas will

produce the expected results; that the Company's development, exploration and other business activities

will not be adversely disrupted or impeded by regulatory, political, community, economic, environmental

and/or health and safety risks; that management's projections will be validated over time; and general

business and economic conditions will not change in a materially adverse manner. 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.

Factors that could cause actual results to differ materially include, but are not limited to, the following:

unfavorable economic conditions; changes in financial markets; the impact of exchange rate fluctuations;

unstable political conditions and developments in countries in which the Company operates; community

relations; criminal activity; changes in the supply, demand and pricing of the metal commodities which

the Company mines or hopes to find and successfully mine; changes in regulatory requirements

impacting the Company's operations; pandemics and epidemics; the ability to properly and efficiently

staff the Company's operations; the sufficiency of current working capital; the estimated cost and

availability of funding for the continued exploration and development of the Company's exploration

properties; and other risks and uncertainties involved in the mineral exploration and development

industry.

This list is not exhaustive and these and other factors should be considered carefully, and

readers should not place undue reliance on the Company's forward-looking statements.

As a result of the

foregoing and other factors, no assurance can be given as to any such future results, levels of activity or

achievements and neither the Company nor any other person assumes responsibility for the accuracy

and completeness of these forward-looking statements.

The Company does not undertake to update

forward-looking statements or forward-looking information, 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

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