Impact Silver Intersects 304g/t
Silver And 4.51g/t Gold Across 5.0 Meters at Capire
IMPACT Silver Corp.
("IMPACT" or "the Company") is pleased to announce
additional drill results from the Capire project in
the 200-square-kilometer Mamatla Mineral District,
where a new mine is currently in the permitting and development stage. Results include the following:
CAPIRE DRILL RESULTS
|
|
|
|
|
|
|
DRILL
|
FROM
|
TO
|
INTERVAL
|
SILVER
|
GOLD
|
LEAD
|
ZINC
|
COPPER
|
HOLE
|
(m)
|
(m)
|
(m)
|
(g/t)
|
(g/t)
|
(%)
|
(%)
|
(%)
|
|
|
|
|
|
|
|
|
|
C11-24
|
58.50
|
63.50
|
5.00
|
304
|
4.51
|
1.52
|
3.05
|
0.49
|
Including
|
59.50
|
61.50
|
2.00
|
661
|
10.83
|
3.06
|
6.05
|
1.06
|
|
|
|
|
|
|
|
|
|
C11-26
|
96.05
|
102.65
|
6.60
|
212
|
0.37
|
1.24
|
2.79
|
0.22
|
Including
|
100.65
|
102.65
|
2.00
|
496
|
0.77
|
2.34
|
4.99
|
0.48
|
|
|
|
|
|
|
|
|
|
C11-27
|
61.00
|
75.00
|
14.00
|
49
|
0.20
|
0.57
|
1.44
|
0.09
|
Including
|
65.00
|
69.00
|
4.00
|
93
|
0.33
|
1.07
|
2.27
|
0.12
|
|
|
|
|
|
|
|
|
|
C11-28
|
58.00
|
60.00
|
2.00
|
240
|
0.34
|
1.54
|
4.99
|
0.20
|
|
|
|
|
|
|
|
|
|
C11-29
|
78.25
|
82.35
|
4.10
|
122
|
0.52
|
0.79
|
2.04
|
0.18
|
|
|
|
|
|
|
|
|
|
C11-30
|
54.90
|
56.90
|
2.00
|
136
|
0.17
|
0.43
|
1.04
|
0.07
|
The purpose of the current drilling program is to expand the mineralization to
the north and east of the proposed Capire open pit.
IMPACT engineers are now studying the possibility of expanding the open pit
plan to incorporate these new drill results. The drill results reported in this
news release represent mineralization which is additional to the
previously-reported Mineral Resources (see IMPACT Silver Corp. news release
dated February 1,
2011) with the exception of drill hole C11-27 which was an infill hole.
Other recent holes drilled to the west and south of the planned open pit
returned low values; however, the deposit remains open and drilling to expand
these resources is continuing.
The Capire Project is in the mine planning and
permitting stage with initial pilot plant production scheduled for late 2011. The
current combined Measured and Indicated Mineral Resource Estimates at the Capire Deposit total 7.2 million oz
silver, 30,446 oz gold, 95.6 million lbs zinc and 37.2 million lbs
lead (see IMPACT Silver Corp. news release dated February 1,
2011). Production plans at Capire are to first
install a 200-tonne-per-day pilot plant (already purchased) to optimize mining
and processing parameters toward planning for a larger operation in the future.
Surface rights for all mining areas, tailings dam and the processing plant have
been acquired. Condemnation drilling under the plant site, tailing dam and rock
waste piles was completed in February 2011 in preparation for mine and plant
construction. When in production, Capire will be the
Company's fourth active mining operation and represents a new production
district. The orientation and shallow depth from surface of the mineralization
will allow for open pit mining of a portion of the zone. The project is located
in the 200 square-kilometer Mamatla Mineral District,
16 kilometers southwest of the Company's other active mining and processing
operations in the Royal Mines of Zacualpan Silver
District.
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 Corp. is a profitable silver-focused mining and exploration
company operating in Mexico with a producing silver operation at the
423-square-kilometer Royal Mines of Zacualpan
District, the adjacent 200-square-kilometer Mamatla
Mineral District and a portfolio of projects with an operational processing
plant at Zacatecas. Additional information, including drill plans, 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 further information, please contact:
Sunny Pannu, Investor Relations
(604) 681 0172 or via email at 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.
1100-543 Granville St.
Vancouver, BC., Canada V6C 1X8
www.IMPACTSilver.com
Telephone 604 681-0172
Facsimile 604 681-6813
inquiries@IMPACTSilver.com
Forward-Looking
Statements. This IMPACT Silver Corp. News Release may contain certain
"forward-looking" statements and information relating to IMPACT that are 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.
Copyright �
2011 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 ..