IPT.V · 2025-01-16 12:00:00

Impact Silver Intersects 14.13% Zinc over 2.2m Including 26.06% Zinc over 0.9m at the Plomosas Mine

Drill Results

Impact Silver Intersects 14.13% Zinc over 2.2m

Including 26.06% Zinc over 0.9m at the

Plomosas Mine

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

Including

30.50

33.75

3.25

0.4

15.94

6.81

UGMJ-2415

34.05

35.75

1.70

1.2

30.10

2.66

And

65.00

66.77

1.77

0.4

18.91

0.08

And

78.68

80.18

1.50

1.2

10.25

5.43

UGMJ-2417

76.95

80.90

3.95

1.0

16.08

0.07

Including

76.95

78.25

1.30

0.3

24.30

0.07

UGMJ-2420

33.50

43.75

10.25

2.2

14.13

1.59

Including

35.00

39.25

4.25

0.9

26.06

3.02

UGMJ-2421

23.55

24.42

0.87

0.6

17.65

8.95

UGMJ-2422

21.78

23.35

1.57

1.1

30.10

10.15

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 km

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://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

[email protected]

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)

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