| | Published : January 07th, 2014 | Encounters More High Grade Silver and Gold Adjacent to its Noche Buena Mine in Zacualpan, Mexico |
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January 07, 2014 IMPACT Silver Encounters More High Grade Silver and Gold Adjacent to its Noche Buena Mine in Zacualpan, Mexico
Intersections include 1,587.8 g/t silver over 1.72 meters and 3.439 g/t gold over 7.17 meters IMPACT Silver Corp. ("IMPACT") is pleased to announce second phase drill results from the San Juan Project, located 150 meters north of its producing Noche Buena Mine and four kilometers southwest of its 500-tpd ("tonne-per-day") Guadalupe Production Centre. The San Juan Project area encompasses a series of large old mine workings containing multiple working levels that previously exploited the gold-rich Carlos Pacheco Vein within the Valle de Oro sub-district of the Royal Mines of Zacualpan Silver-Gold District of central Mexico.
Previously, IMPACT reported drill intersections of 1,409.8 g/t silver over 2.07 meters from the Noche Buena Vein and 17.1 g/t gold over 1.89 meters from the Carlos Pacheco Vein (see IMPACT News Release dated October 30, 2013). The Noche Buena and Carlos Pacheco Veins are parallel structures that outcrop approximately 170 meters apart, striking north-northwest and dipping to the west.
Highlights from these new San Juan Project drill results (see table below) include:
- Additional high grades for silver in the Noche Buena Vein encountered in hole Z13 60: 1,587.8 g/t silver over 1.72 meters true width as well as significant intersections in holes Z13-62, Z13-64, Z13-65 and Z13-67.
- Additional high grades for gold in the Carlos Pacheco Vein encountered in hole Z13 67: 3.439 g/t gold over 7.17 meters true width, which includes a higher grade interval of 39.20 g/t gold over 0.53 meters true width; other wide intersections of gold-silver-lead-zinc-copper mineralization for the Carlos Pacheco Vein were intersected in holes Z13-47 (3.08 m), Z13-48 (4.14 m), Z13-50 (3.81 m) and Z13-66 (5.11 m).
- The discovery of a number of new silver-gold-lead-zinc structures such as the Tibur�n and Delfin Breccias; the Cangrejo, La Jaiba and Langostino Veins, plus a significant extension to the Abul�n Vein, all of which were encountered in the near-surface portions of drill holes intended to explore the deeper portions of the Carlos Pacheco Vein.
- Significant intersections for the Tibur�n Breccia include 179.4 g/t silver over 5.10 m true width in hole Z13-59 and 160.0 g/t silver over 3.62 m true width in hole Z13-67, with the Abulon Vein returning 105.8 g/t silver over 3.27 m true width in hole Z13-64 and 214.7 g/t silver over 2.29 m true width in hole Z13-65.
SAN JUAN SIGNIFICANT INTERSECTIONS - SECOND PHASE DRILL PROGRAM 2013
HOLE NUMBER |
DRILL SECTION |
VEIN NAME |
FROM meters |
TO meters |
INTERVAL meters |
TRUE WIDTH meters |
SILVER g/t |
GOLD g/t |
LEAD % |
ZINC % |
COPPER % |
Z13-46 |
L18+00 N |
Carlos Pacheco Arriba 1 |
83.90 |
84.90 |
1.00 |
0.95 |
9.6 |
1.190 |
0.48 |
1.06 |
0.02 |
and |
L18+00 N |
Carlos Pacheco A |
133.15 |
134.70 |
1.55 |
1.48 |
29.4 |
4.700 |
0.34 |
0.70 |
0.01 |
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Z13-47 |
L18+00 N |
Vein Superior 2 |
124.60 |
127.83 |
3.23 |
3.08 |
22.9 |
0.170 |
0.81 |
2.53 |
0.06 |
including |
L18+00 N |
Vein Superior 2 |
124.60 |
125.05 |
0.45 |
0.43 |
89.0 |
0.480 |
1.19 |
10.35 |
0.35 |
and |
L18+00 N |
Vein Superior 1 |
132.65 |
134.50 |
1.85 |
1.76 |
63.2 |
0.920 |
0.07 |
0.31 |
0.84 |
and |
L18+00 N |
Carlos Pacheco |
142.35 |
143.40 |
1.05 |
1.00 |
13.0 |
0.014 |
1.74 |
3.39 |
0.01 |
and |
L18+00 N |
Carlos Pacheco A |
147.62 |
149.05 |
1.43 |
1.36 |
23.2 |
0.350 |
0.39 |
2.27 |
0.09 |
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Z13-48 |
L18+00 N |
Carlos Pacheco |
179.50 |
183.85 |
4.35 |
4.14 |
17.2 |
0.185 |
0.05 |
1.30 |
0.03 |
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Z13-49 |
L17+00 N |
Noche Buena Abajo 1 |
46.40 |
48.05 |
1.65 |
1.57 |
188.7 |
0.150 |
0.03 |
0.08 |
0.01 |
and |
L17+00 N |
Noche Buena Abajo 3 |
57.15 |
58.70 |
1.55 |
1.48 |
97.8 |
0.054 |
0.03 |
0.05 |
0.02 |
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Z13-50 |
L17+00 N |
Noche Buena Abajo 1 |
66.55 |
67.15 |
0.60 |
0.57 |
148.0 |
0.230 |
0.08 |
0.32 |
0.01 |
and |
L17+00 N |
Noche Buena Abajo 2 |
69.25 |
70.55 |
1.30 |
1.24 |
80.6 |
0.554 |
0.17 |
0.36 |
0.01 |
and |
L17+00 N |
Noche Buena Abajo 4 |
93.45 |
94.55 |
1.10 |
1.05 |
161.0 |
0.310 |
0.14 |
0.25 |
0.03 |
and |
L17+00 N |
Carlos Pacheco |
180.44 |
184.40 |
3.96 |
3.81 |
69.8 |
1.287 |
0.96 |
4.24 |
0.24 |
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Z13-52 |
L17+50 N |
Noche Buena |
52.85 |
55.00 |
2.15 |
2.05 |
110.3 |
0.131 |
0.10 |
0.15 |
0.03 |
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Z13-54 |
L17+50 N |
Carlos Pacheco Abajo 2 |
216.80 |
218.97 |
2.17 |
2.04 |
19.1 |
0.130 |
0.94 |
8.37 |
0.04 |
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Z13-58 |
L17+25N |
Cangrejo |
49.57 |
51.13 |
1.56 |
1.56 |
52.6 |
0.230 |
0.36 |
0.87 |
0.01 |
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Z13-59 |
L17+25N |
Tibur�n |
17.70 |
22.80 |
5.10 |
5.10 |
179.4 |
0.193 |
0.04 |
0.04 |
0.01 |
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Z13-60 |
L16+75N |
Noche Buena |
16.15 |
28.35 |
12.20 |
12.01 |
300.5 |
0.256 |
0.06 |
0.19 |
0.01 |
including |
L16+75N |
Noche Buena |
17.10 |
18.85 |
1.75 |
1.72 |
1,587.8 |
1.251 |
0.14 |
0.33 |
0.02 |
including |
L16+75N |
Noche Buena |
23.00 |
27.00 |
4.00 |
3.93 |
148.4 |
0.178 |
0.09 |
0.20 |
0.01 |
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Z13-62 |
L16+75N |
Noche Buena |
65.60 |
67.35 |
1.75 |
1.51 |
415.7 |
1.007 |
0.21 |
0.48 |
0.01 |
including |
L16+75N |
Noche Buena |
67.10 |
67.35 |
0.25 |
0.21 |
2,300.0 |
5.270 |
1.14 |
2.81 |
0.05 |
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Z13-64 |
L15+50N |
Abulon |
26.80 |
30.80 |
4.00 |
3.27 |
105.8 |
0.051 |
0.07 |
0.16 |
0.01 |
and |
L15+50N |
Noche Buena |
55.10 |
56.30 |
1.20 |
0.96 |
183.3 |
0.092 |
0.06 |
0.10 |
0.01 |
and |
L15+50N |
Cangrejo |
58.85 |
60.20 |
1.35 |
1.30 |
45.5 |
0.070 |
1.47 |
4.93 |
0.09 |
and |
L15+50N |
Noche Buena A |
66.60 |
70.60 |
4.00 |
3.86 |
110.4 |
0.150 |
0.08 |
0.14 |
0.02 |
including |
L15+50N |
Noche Buena A |
67.70 |
69.55 |
1.85 |
1.78 |
169.4 |
0.251 |
0.10 |
0.19 |
0.03 |
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Z13-65 |
L15+50N |
Abulon |
69.20 |
72.00 |
2.80 |
2.29 |
214.7 |
0.229 |
0.18 |
0.64 |
0.01 |
including |
L15+50N |
Abulon |
69.55 |
70.50 |
0.95 |
0.78 |
581.9 |
0.617 |
0.47 |
1.77 |
0.02 |
and |
L15+50N |
Langostino |
81.00 |
83.38 |
2.38 |
2.30 |
30.4 |
0.045 |
0.66 |
2.26 |
0.02 |
and |
L15+50N |
Cangrejo |
96.00 |
97.40 |
1.40 |
1.21 |
93.9 |
0.210 |
0.45 |
0.66 |
0.01 |
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Z13-66 |
L15+50N |
La Jaiba |
24.17 |
25.35 |
1.18 |
1.02 |
239.0 |
0.070 |
0.04 |
0.03 |
0.02 |
and |
L15+50N |
Abulon |
98.00 |
100.40 |
2.40 |
1.96 |
70.5 |
0.028 |
0.02 |
0.05 |
0.01 |
and |
L15+50N |
Noche Buena |
102.00 |
107.30 |
5.30 |
5.11 |
18.0 |
2.072 |
0.08 |
0.63 |
0.03 |
including |
L15+50N |
Noche Buena |
105.80 |
107.30 |
1.50 |
1.45 |
40.5 |
7.110 |
0.05 |
0.24 |
0.07 |
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Z13-67 |
L16+50N |
Tibur�n |
24.15 |
28.15 |
4.00 |
3.62 |
160.0 |
0.447 |
0.46 |
1.27 |
0.02 |
including |
L16+50N |
Tibur�n |
27.00 |
28.15 |
1.15 |
1.04 |
506.0 |
1.100 |
0.95 |
2.70 |
0.04 |
and |
L16+50N |
Cangrejo |
54.70 |
56.60 |
1.90 |
1.72 |
87.7 |
0.576 |
0.12 |
0.19 |
0.03 |
and |
L16+50N |
Carlos Pacheco |
208.87 |
217.15 |
8.28 |
7.17 |
37.2 |
3.439 |
0.02 |
0.07 |
0.53 |
including |
L16+50N |
Carlos Pacheco |
212.89 |
213.50 |
0.61 |
0.53 |
151.0 |
39.20 |
0.03 |
0.04 |
2.53 |
Future Plans for the San Juan Project Area
Mining operations at the Noche Buena Mine have recently been moving progressively northward and are now integrated with the San Jos� underground workings, thus providing access to the Noche Buena Vein near the area of this current drilling. A crosscut decline has also been started to access the Carlos Pacheco Vein in this area.
Drilling is ongoing on the northern extensions of the Noche Buena and Carlos Pacheco Veins and because of the parallel orientation of these veins, IMPACT is able to intersect both Noche Buena and Carlos Pacheco in most drill holes; the shallower Noche Buena Vein is being drilled at 25-meter centers and the deeper Carlos Pacheco Vein at 50-meter centers. In addition, other structures are now contributing significant intersections within the immediate area of the San Jos� underground workings near where the Noche Buena Vein is currently being exploited. The Tibur�n and Delf�n Breccias plus the Abul�n, Cangrejo, La Jaiba, and Langostino Veins are also being drilled at 25-meter centers, which is helping with the interpretation and integration of these intersections into IMPACT's mining plans. The Carlos Pacheco Vein in this area remains open for expansion at depth and to the south where an increase in both gold and copper grades has become evident (see the Carlos Pacheco Drill Hole Long Section Map, available on the Map Room page on the Company website at www.IMPACTSilver.com).
Detailed mapping by IMPACT's exploration department, along with rock sampling, prospecting and surveying, continues to the north of the San Jos� underground workings where all seven of the silver-gold-lead-zinc-copper bearing structures that are currently being drilled are known to extend. This work has resulted in the discovery of several important vein outcroppings, upon which additional drilling will likely follow once this field work is complete in order to outline additional mineralization in this newly discovered area.
IMPACT's Geographic Information System Database Surpasses 3,500 Old Mine Workings
Since 2004, IMPACT's exploration team has been constructing a state-of-the-art computerized Geographic Information System (GIS) database. One of the core features of this database is the location and documentation of old mine and exploration workings, which represent almost 500 years of mining history for the Zacualpan and Capire-Mamatla mining districts. In early 2013, IMPACT announced that 3,000 old workings had been documented (see IMPACT News Release dated January 21, 2013). Today this figure totals over 3,500, representing a discovery rate of finding ten additional old mine workings per week by IMPACT's field crews.
The importance of finding these old mine workings is that many represent places of past production where high silver grades are often encountered. IMPACT's exploration team has now geologically mapped and sampled in detail 1,410 of these old workings and has chemical analyses for over 30,000 rock samples in its database. This data, coupled with other work by IMPACT's exploration department, is used to locate and prioritize areas for future drilling.
Brian Hall, M.Sc., P. Geo., Nigel Hulme, P. Geo. and Wojtek Jakubowski, P. Geo., Qualified Persons under the meaning of Canadian National Instrument 43 101, are responsible for the technical content of this news release.
IMPACT Silver operates two silver production centres within its 100%-owned 623-km� land package in central Mexico: the Guadalupe Production Centre and the new Capire Production Centre. At Guadalupe, three underground silver mines feed the central 500-tpd processing plant located within the historic Royal Mines of Zacualpan Silver District. At Capire, the Company's first open-pit silver mine commenced production in 2013. Additional information, including a drill hole location map and long section for the San Juan Project area, can be found on the Company website at www.IMPACTSilver.com.
On behalf of IMPACT Silver Corp.
"Frederick W. Davidson" President & CEO
For more information, please contact: Meghan Brush Investor Relations (604) 681 0172 or inquiries@impactsilver.com
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 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.
1100-543 Granville Street |
Telephone 604 681-0172 |
Vancouver, BC, Canada V6C 1X8 |
Facsimile 604 681-6813 | View News Release in PDF Format:
- Associated File: http://www.impactsilver.com/i/pdf/2014-01-07_NR.pdf
- 416 KB in size, approx. 1 minute, 18 seconds to download at 56.6Kbps
Copyright � 2014 Impact Silver Corp. (IPT) All rights reserved. For more information visit our website at http://www.impactsilver.com/ or send email to inquiries@impactsilver.com. |
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Impact Silver Corp
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PRODUCER |
CODE : IPT.V |
ISIN : CA45257A1021 |
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ProfileMarket IndicatorsVALUE : Projects & res.Press releasesAnnual reportRISK : Asset profileContact Cpy |
Impact Silver is a silver producing company based in Canada. Impact Silver produces silver, lead and zinc in Mexico, develops copper, gold, lead, silver and zinc in Mexico, and holds various exploration projects in Mexico. Its main asset in production is ZACUALPAN in Mexico, its main asset in development is CAPIRE in Mexico and its main exploration properties are ZACATECAS (VETA GRANDE), MAMATLA AURORA, OSCAR, SAN SABINO ZACATECAS and HUATECOSCO in Mexico. Impact Silver is listed in Canada and in Germany. Its market capitalisation is CA$ 18.0 millions as of today (US$ 14.4 millions, € 12.6 millions). Its stock quote reached its highest recent level on March 07, 1997 at CA$ 4.25, and its lowest recent point on January 25, 2002 at CA$ 0.01. Impact Silver has 85 570 000 shares outstanding. |
Corporate Presentations of Impact Silver Corp |
In the News and Medias of Impact Silver Corp |
Annual reports of Impact Silver Corp |
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Option Grants of Impact Silver Corp |
Nominations of Impact Silver Corp |
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4/23/2012 | (Oscar)Intersects 1,875 g/t Silver across 1.00 meters and 115 g/t ... |
1/23/2012 | (Huatecosco)2011 Exploration Review and 2012 Outlook |
1/11/2012 | (Capire)Announces Commencement of Construction at the Capire Open Pi... |
10/27/2011 | (Oscar)Intersects Additional High Grade Silver: 1,007g/t Silver acr... |
10/14/2011 | (Huatecosco)Drills 4.1m of 5.2g/t Gold at New Zone at Huatecosco Gold P... |
9/13/2011 | (Zacualpan)Announces Concentrate Shipment Schedule Update |
9/12/2011 | (Zacatecas (veta Grande))Revises Zacatecas Option to Defiance Silver Corp. |
8/25/2011 | (Zacatecas (veta Grande))Options Zacatecas Assets to Defiance Silver Corp. |
8/17/2011 | (Capire)Expands Capire Deposit, Mexico |
7/13/2011 | (Zacualpan)Resumes Operations at Main Processing Plant |
7/9/2011 | (Zacualpan)Announces Fatality At Guadalupe Mill Site |
6/7/2011 | (Gonlondrinas)Receives Final Drill Results From GCC (Golondrinas, Cuchara,... |
6/2/2011 | (Huatecosco)Intersects 6.96g/t Gold across 4.24m at Huatecosco Gold-Silv... |
5/25/2011 | (Capire)Intersects 304g/t Silver And 4.51g/t Gold Across 5.0 Meters ... |
4/13/2011 | (Zacualpan)Announces Record Net Earnings Up 196% In 2010 |
3/13/2011 | (Zacualpan)Announces Arrival Of Second Drill And Expanded Exploration P... |
2/1/2011 | (Capire)Reports Updated Mineral Resources at Capire in Preparation f... |
8/19/2010 | (Zacualpan)Samples 4,800 g/t Silver Over 1.25 Meters and Commences Dril... |
8/10/2010 | (Zacualpan)Acquires Large New Concessions at Zacualpan |
7/27/2010 | (Zacualpan)First Results From 5,000M Drill Program |
5/25/2010 | (Capire)Intersects 2.99m Of 639 G/T Silver, 2.63 G/T Gold, 1.2% Lead... |
3/23/2010 | (Zacatecas (veta Grande))Completes Purchase Of 200-TPD Mill At Zacatecas |
3/17/2010 | (Mamatla Aurora)Intersects 1,139.7 g/t Silver over 1.38 Meters at Aurora 1 |
12/17/2009 | (Zacualpan)Intersects 466 G/T Silver Over 3.2 Meters At Santa Lucia |
10/6/2009 | (Zacualpan)Reports Initial Drill Results From Santa Lucia Silver Veins |
9/24/2009 | (Noche Buena) Positive Production Decision At Noche Buena |
8/11/2009 | (Zacualpan)Compiles Over 1,200 Historical Mine Workings And Successfull... |
7/21/2009 | (Noche Buena)Intersects More Wide Zones Of Silver At Noche Buena |
6/9/2009 | (Zacualpan)Expands Silver Mineralization At Noche Buena |
5/28/2009 | (Zacualpan)Announces Two New Silver Discoveries |
2/25/2009 | (Capire)Intersects 1,016 G/T Silver Over 1.8 Meters At Capire |
1/26/2009 | (Zacualpan)intersects 8.55 meters of 204 g/t silver in first drill hole... |
1/20/2009 | (Mamatla Aurora)Intersects 1,164 g/t Silver over 1.5 meters at Aurora 1 |
12/5/2008 | Discovers High Grade Gold Zone; Drills 19.6 g/t Gold Across ... |
8/12/2008 | (Zacualpan)Drills 11,463g/t (334 oz/ton) Silver Over 0.6M (2ft) At Chiv... |
7/3/2008 | (San Sabino Zacatecas)Announces Sale Of San Sabino Concession In Zacatecas |
6/18/2008 | (Zacualpan)s Production And Samples 657G/T Silver Over 2.85M At The Chi... |
4/29/2008 | (Zacualpan)Announces New Discovery At The Royal Mines Of Zacualpan |
4/24/2008 | (Zacualpan) Extends Strike Length Of Chivo Mine; Drills 12.3 Meters Of ... |
1/29/2008 | (Zacualpan)Announces Acquisition Of Third Mill |
9/19/2007 | (Zacualpan)Announces New Discovery At The Royal Mines Of Zacualpan |
3/29/2007 | Discovers High-Grade Gold Veins On Mamatla |
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Corporate news of Impact Silver Corp |
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