Impact Silver Corp

Published : July 23rd, 2015

IMPACT Silver Provides Update on New Capire Mineral Resource Study And Starts Next Phase of Drilling on San Ramon Deeps

( 0 vote, 0/5 ) Print article
  Article Comments Comment this article Rating Follow Company  
0
Send
0
comment

IMPACT Silver Provides Update on New Capire Mineral Resource Study And Starts Next Phase of Drilling on San Ramon Deeps

July 23, 2015
IMPACT Silver Provides Update on New Capire Mineral Resource Study And Starts Next Phase of Drilling on San Ramon Deeps
IMPACT Silver Corp. ("IMPACT" or the "Company") is pleased to provide an update on some of its recent work in the Zacualpan and Capire areas of central Mexico.

Capire Mineral Resource Study Update

In follow up to the news release dated January 22, 2015, IMPACT has contracted an independent consultant to write a new NI 43-101 compliant report on mineral resources in the Capire Zone. This report will include an additional 25,000 meters of drilling carried out at Capire since completion of the original 2011 open pit mine plan. To date work on the revised geological model and updated extensive database has been completed for the new report, and quality control and geostatistical study of the data is now underway. The new NI 43-101 compliant mineral resource report will be released when completed and approved.

Capire is located 16 kilometers southwest of the Guadalupe Production Center. Unlike the Zacualpan area vein deposits, Capire is a volcanogenic massive sulphide ("VMS") base and precious metal deposit. VMS mineralization in the Capire-Mamatla district is predominantly silver-rich with zinc and lead credits. Between March 2013 and February 2014, IMPACT mined 33,000 tonnes from the Capire open pit and processed them through the 200 tonnes per day ("tpd") Capire mill on a pilot plant basis. During these test operations, processing methods were optimized, and production costs and cut-off grades at 200 tpd in the open pit were determined. Additional studies with respect to open pit optimal strip ratios, grade control, metallurgy and projections toward scaling up the operation have yet to be completed. Together, these studies will provide the foundation for planning of a potentially larger, lower grade open pit operation in the future. Production from the Capire open pit may be restarted in the future with higher metal prices and/or lower unit production costs associated with a potential larger operation.

San Ramon Deeps Underground Drilling

In the Royal Mines of Zacualpan Silver-Gold District where IMPACT operates several mines, the next phase of drilling has now begun in the San Ramon Deeps area with the establishment of a new underground drill station at the south end of Mine Level 20. This drilling will test the extensions of the zone 100 meters on strike to the south, 100 meters down dip and 100 meters up dip of the current mining stopes. Results from the last phase of underground drilling at San Ramon Deeps included 1,025 grams per tonne ("g/t") silver over 2.84 meters within 552 g/t silver over 5.80 meters (see the IMPACT News Release dated March 31, 2015 for details). For a section of the zone and drill holes, see slide 10 on the San Ramon Mine in the Corporate Presentation on the Company's website at www.IMPACTSilver.com.

The San Ramon Mine is located five kilometers southeast of IMPACT's 500 tonne per day Guadalupe processing plant and is one of IMPACT's main producing mines in the district. Mining of high grade silver from the new San Ramon Deeps Zone is largely responsible for the significant increase in average silver grades being fed to the Guadalupe Processing Plant (see the IMPACT News Release dated May 28, 2015 for details). To date, this zone has been exposed in mine workings on Levels 18, 19 and 20 over a length of 180 meters where it continues to be open for expansion to the south, and has true widths of two to nine meters. To date drilling has outlined the zone over a vertical distance of 10 to 80 meters below the current mine workings mainly near the northern portion of the vein. IMPACT has begun construction of an internal shaft and a second mine ramp to better access the San Ramon Deeps Zone to increase monthly tonnages of higher grade silver extracted from the mine with the aim to continue increasing overall silver grades and silver production ounces at the Guadalupe mill.

George Gorzynski, P.Eng., a Qualified Person under the meaning of Canadian National Instrument 43 101, is responsible for the technical content of this news release.

Additional information about IMPACT and its operations can be found on the Company's website at www.IMPACTSilver.com.

On behalf of the Directors of IMPACT Silver Corp.

"Frederick W. Davidson"
President & CEO

For more information, please contact:
Jerry Huang
Investor Relations

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 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.
1100-543 Granville Street
Vancouver, BC, Canada V6C 1X8
Telephone 604 681-0172
Facsimile 604 681-6813

View the release in PDF format:
Read the rest of the article at www.noodls.com
Data and Statistics for these countries : Canada | Mexico | All
Gold and Silver Prices for these countries : Canada | Mexico | All

Impact Silver Corp

PRODUCER
CODE : IPT.V
ISIN : CA45257A1021
Follow and Invest
Add to watch list Add to your portfolio Add or edit a note
Add Alert Add to Watchlists Add to Portfolio Add Note
ProfileMarket
Indicators
VALUE :
Projects & res.
Press
releases
Annual
report
RISK :
Asset profile
Contact 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$ 39.4 millions as of today (US$ 31.5 millions, € 27.6 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.

Your feedback is appreciated, please leave a comment or rate this article.
Rate : Average note :0 (0 vote) View Top rated
 
Corporate Presentations of Impact Silver Corp
5/3/2010letter Writer Sean Broderick Talks About Mexico Silver
In the News and Medias of Impact Silver Corp
4/16/2009IMPACT Silver Corp…
Annual reports of Impact Silver Corp
2007 Annual Report
Financings of Impact Silver Corp
6/15/2011Announces Exercise of Accelerated Warrants Complete
5/4/2011Announces Amended Expiry Date of Accelerated Warrants
10/22/2007 Receives $5 Million From Exercise Of Warrants
Option Grants of Impact Silver Corp
5/30/2013Extends Stock Option Exercise Period
6/7/20101.200.000 stock options granted at $ 1.10
1/7/20092.250.000 options granted at $0.55
9/23/20082.200.000 Stock Options Granted at $0.80
2/29/200835,000 stock options granted to Shareholder Relations Consul...
10/24/2007Grant of 75,000 options to Additional Director And Granting ...
9/6/2007Grant of 1.080.000 Stock Options
2/6/2006Grants 35,000 options to Investor Relations Consultant
4/13/2005Warrants Exercised, Stock Options Granted and Investor Relat...
11/12/200450,000 options granted to Hiring of Investor Relations Firm
9/13/2004300,000 options granted to Investor Relations Consultant
5/14/2003announces Stock Option Plan
Nominations of Impact Silver Corp
8/11/2008Appointment of Additional Director
Financials of Impact Silver Corp
4/2/2012Announces Record Revenues, Earnings and Production for the Y...
11/28/2011Announces Record Revenues and Net Earnings for the Nine Mont...
8/30/2011Announces Net Earnings and Record Revenues in Second Quarter...
5/31/2011Announces Record Revenues & Silver Production in First Quart...
4/13/2011Announces Record Net Earnings Up 196% In 2010
11/20/2009Announces Third Quarter Net Earning of $785,000 and Operatin...
11/20/2009Announces Date of Third Quarter Results Webcast
8/22/2008Announces Second Quarter Earnings
5/27/2008Announces Record First Quarter Earnings And Silver Productio...
Project news of Impact Silver Corp
3/14/2013(Capire)Announces Commissioning of the new Capire Production Centre...
1/21/2013A Banner Year for IMPACT Silver Corp.'s Exploration in 2012
7/11/2012(Zacualpan)Intersects 8.47g/t Gold and 1.12% Copper across 2.75m on the...
6/11/2012(Capire)Ranked in the 24th Annual PROFIT 200 Canada's Fastest-Growin...
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
12/5/2008Discovers 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
3/29/2007Discovers High-Grade Gold Veins On Mamatla
Corporate news of Impact Silver Corp
7/28/2016IMPACT Silver Announces Stock Option Grant
6/22/2016IMPACT Silver Announces the Retirement of Mr. Richard Younke...
6/17/2016IMPACT Silver Closes the Fourth and Final Tranche of the Pri...
6/10/2016IMPACT Silver Closes the Third Tranche of Private Placement
6/3/2016IMPACT Silver Closes Second Tranche of Private Placement
5/30/2016IMPACT Silver Announces First Quarter 2016 Financial and Pro...
5/27/2016IMPACT Silver Closes First Tranche of Private Placement
5/20/2016IMPACT Silver Announces Private Placement
5/5/2016IMPACT Silver drills more wide sections of high grade silver...
4/19/2016IMPACT Silver Closes $620,000 Private Placement
4/12/2016IMPACT Silver Closes $2,000,000 Private Placement
3/30/2016IMPACT Silver Announces Private Placement to Raise up to $2,...
10/7/2015IMPACT Silver Provides Update on New Capire Mineral Resource...
8/24/2015IMPACT Silver Announces Second Quarter 2015 Financial and Pr...
7/23/2015IMPACT Silver Provides Update on New Capire Mineral Resource...
6/22/2015IMPACT Silver Corp. Announces Retirement of Board Member
4/9/2015IMPACT Silver reports Results for the Year ended Decembers 3...
4/9/2015Reports Results for the Year Ended Decembers 31, 2014
3/31/2015IMPACT Silver reports additional wide & high grade drill int...
3/31/2015IMPACT Silver Reports Additional Wide & High Grade Drill Int...
3/31/2015Reports Additional Wide & High Grade Drill Intercepts at San...
1/22/2015IMPACT Silver Responds to BCSC Clarification Request and Tec...
1/22/2015IMPACT Silver Responds to BCSC Clarification Request and Tec...
11/25/2014IMPACT Silver Announces Third Quarter 2014 Financial and Pro...
11/25/2014IMPACT Silver Announces Third Quarter 2014 Financial and Pro...
8/26/2014IMPACT Silver Announces Second Quarter 2014 Financial and Pr...
5/27/2014IMPACT Silver Announces First Quarter 2014 Financial and Pro...
5/21/2014IMPACT Silver Corp. Intersects New High Grade Silver Vein at...
4/3/2014IMPACT Silver Reports Results for the Year Ended Decembers 3...
2/18/2014(Zacualpan)Drills More High Grade Gold and Silver at the San Juan Proje...
1/7/2014(Zacualpan)Encounters More High Grade Silver and Gold Adjacent to its N...
12/24/2013Resumes Ownership of the Veta Grande Silver Project in Zaca...
12/9/2013(Capire)Drills Aurora II Silver-Enriched VMS Zone in the Capire Dis...
11/25/2013Reports a 33% Increase in Average Silver Grade and a 16% Inc...
10/30/2013Correction: IMPACT Silver Discovers High-Grade Gold and Silv...
8/26/2013. Announces Financial and Production Results for the Second ...
8/14/2013article in The Northern Miner
7/19/2013Releases New Corporate Video
5/24/2013Announces First Quarter 2013 Financial and Production Result...
4/1/2013Announces Financial and Production Results for Fourth Quarte...
3/28/2013to Release 2012 Fourth Quarter and Year End Results
2/20/2013(Oscar)Commences Production at the Cuchara-Oscar Mine
1/28/2013Mirasol Prospect uncovers a cluster of new silver veins; int...
1/24/2013Stock Options Granted
1/15/2013Shareholder Update: Corporate Website Performance Issues
11/13/2012Announces Third Quarter 2012 Financial and Production Result...
8/22/2012Announces Second Quarter 2012 Financial and Production Resul...
9/1/2011Launches New Website and Presents New Mine Tour Video
8/3/2010Commences Drilling on the Chontalpan Project Area, Mexico
5/10/2010added to Silver ETF
1/20/20102009 Mine Development and Exploration Summary
11/17/2009Outlines Over 7 Million Ounces Silver And 94 Million Lbs Zin...
8/28/2009Q2 Results; Silver Production Up 80%, Operating Earnings Up ...
5/26/2009Announces Record Silver Production
12/6/2008Website Redesign Announcement
11/24/2008Announces Record Quarterly Silver Production
11/6/2008Begins Drilling New Silver and Gold-Copper Targets at Royal ...
11/3/2008at International Precious Metals and Commodities Show - Muni...
8/28/2008Acquires New Concessions Increasing Mineral Holdings By 45%
8/6/2008Drills 1,118 G/T Silver Across 1.4 Meters At The Chivo Mine
7/17/2008(video) Corporate Video Presentation
4/15/2008Reports $2.1 Million In Operating Earnings For 2007
2/14/2008Acquires Mamatla District Data
1/11/2008Silver Exploration Summary
12/5/2007Announces New Silver Discoveries At Mamatla
11/23/2007Announces Operating Earnings of $358,000
10/4/2007Announces Zacatecas Sampling Results
9/26/2007Announces New Silver Discoveries at the Royal Mines of Zacua...
9/21/2007Commences Construction Of Third Mine And Increases Productio...
7/13/2007Announces Chivo Drill Results
6/13/2007Announces Drill Results From Yale JV Properties In Zacatecas
5/31/2007Announces Continuing Improvement In Operations
4/20/2007Reports $2.4 Million in Operating Earnings for 2006
4/12/2007Acquisitions In Zacatecas
4/19/1999Energold and IMPACT consolidate properties
Comments closed
 
Latest comment posted for this article
Be the first to comment
Add your comment
TSX-V (IPT.V)FRANKFURT (IKL.F)
0.460-3.16%0.322-8.00%
TSX-V
CA$ 0.460
01/27 15:59 -0.020
-3.16%
Prev close Open
0.475 0.490
Low High
0.455 0.490
Year l/h YTD var.
0.440 -  0.560 -6.12%
52 week l/h 52 week var.
0.435 -  1.17 -51.06%
Volume 1 month var.
350,192 -2.13%
24hGold TrendPower© : 3
Produces Lead - Silver - Zinc
Develops Copper - Gold - Lead - Silver
Explores for Copper - Gold - Lead - Silver - Zinc
 
 
 
Analyse
Interactive chart Add to compare
Interactive
chart
Print Compare Export
Last updated on : 3/24/2010
You must be logged in to use the porfolio and watchlists (free)
Top Newsreleases
MOST READ
Annual variation
DateVariationHighLow
2022-38.67%
2021-29.91%1.220.63
2020148.84%1.250.22
201943.33%0.510.23
2018-13.04%0.530.20
 
5 years chart
 
3 months chart
 
3 months volume chart
 
 
Mining Company News
Plymouth Minerals LTDPLH.AX
Plymouth Minerals Intersects Further High Grade Potash in Drilling at Banio Potash Project - Plannin
AU$ 0.12-8.00%Trend Power :
Santos(Ngas-Oil)STO.AX
announces expected non-cash impairment
AU$ 7.00+0.50%Trend Power :
Oceana Gold(Au)OGC.AX
RELEASES NEW TECHNICAL REPORT FOR THE HAILE GOLD MINE
AU$ 2.03+1.00%Trend Power :
Western Areas NL(Au-Ni-Pl)WSA.AX
Advance Notice - Full Year Results Conference Call
AU$ 3.44-3.10%Trend Power :
Canadian Zinc(Ag-Au-Cu)CZN.TO
Reports Financial Results for Q2 and Provides Project Updates
CA$ 0.12+4.55%Trend Power :
Stornoway Diamond(Gems-Au-Ur)SWY.TO
Second Quarter Results
CA$ 0.02+100.00%Trend Power :
McEwen Mining(Cu-Le-Zn)MUX
TO ACQUIRE BLACK FOX FROM PRIMERO=C2=A0
US$ 0.85-6.28%Trend Power :
Rentech(Coal-Ngas)RTK
Rentech Announces Results for Second Quarter 2017
US$ 0.20-12.28%Trend Power :
KEFIKEFI.L
Reduced Funding Requirement
GBX 0.71-4.07%Trend Power :
Lupaka Gold Corp.LPK.V
Lupaka Gold Receives First Tranche Under Amended Invicta Financing Agreement
CA$ 0.03-14.29%Trend Power :
Imperial(Ag-Au-Cu)III.TO
Closes Bridge Loan Financing
CA$ 3.37-5.34%Trend Power :
Guyana Goldfields(Cu-Zn-Pa)GUY.TO
Reports Second Quarter 2017 Results and Maintains Production Guidance
CA$ 1.84+0.00%Trend Power :
Lundin Mining(Ag-Au-Cu)LUN.TO
d Share Capital and Voting Rights for Lundin Mining
CA$ 10.41+1.26%Trend Power :
Canarc Res.(Au)CCM.TO
Canarc Reports High Grade Gold in Surface Rock Samples at Fondaway Canyon, Nevada
CA$ 0.36-1.37%Trend Power :
Havilah(Cu-Le-Zn)HAV.AX
Q A April 2017 Quarterly Report
AU$ 0.18+0.00%Trend Power :
Uranium Res.(Ur)URRE
Commences Lithium Exploration Drilling at the Columbus Basin Project
US$ 6.80-2.86%Trend Power :
Platinum Group Metals(Au-Cu-Gems)PTM.TO
Platinum Group Metals Ltd. Operational and Strategic Process ...
CA$ 1.94-8.49%Trend Power :
Devon Energy(Ngas-Oil)DVN
Announces $340 Million of Non-Core Asset Sales
US$ 51.74-0.02%Trend Power :
Precision Drilling(Oil)PD-UN.TO
Announces 2017Second Quarter Financial Results
CA$ 8.66-0.35%Trend Power :
Terramin(Ag-Au-Cu)TZN.AX
2nd Quarter Report
AU$ 0.03-3.03%Trend Power :