=======================================================================
Re: News Release - Monday, January 26, 2009
IMPACT Silver intersects 8.55 meters of 204 g/t silver in first
drill holes at Noche Buena
=======================================================================
IMPACT Silver Corp. ("IMPACT" or "the Company") is pleased to announce
assays from the first drill holes on the Noche Buena Veins located four
kilometers southwest of IMPACT's processing plant and mining operations
in the prolific Royal Mines of Zacualpan Silver and Gold District of
Central Mexico. Highlights from the multiple vein intersections from
these first holes are as follows:
Noche Buena vein
Drill hole Vein name From To True width Silver Gold
(m) (m) (m) (g/t) (g/t)
Section 1150N
Z08-70 Noche Buena
del Bajo 21.8 30.35 8.55 204 0.24
New vein 104.35 105.65 1.3 248 0.27
Z08-71 Noche Buena 97.37 98.62 1.25 150 0.16
Noche Buena
del Bajo 108.3 112.63 4.33 233 0.7
New vein 120.57 122.2 1.63 106 0.41
These wide Noche Buena del Bajo Vein intersections in drill holes
Z08-70 and Z08-71 are 57 meters apart down dip of each other on Section
1150N. Several previously unknown "New Veins" were discovered in these
drill holes with significant silver grades including 248 g/t over a TW
of 1.30 meters and 106 g/t over 1.63 meters. Assays indicate that all
these veins are silver and gold dominant with only low values in base
metals.
Two additional drill holes attempted to test the Noche Buena Vein
further north. Hole Z08-73, located on Section 1200N (50 meters north
of Section 1150N), intersected the Noche Buena Vein (116 g/t silver
over 1.92 meters), but was stopped short of the newly discovered Noche
Buena del Bajo Vein. Hole Z08-74, located on Section 1350N, tested
these targets at a relatively shallow depth and, unfortunately,
encountered very poor recoveries in the Noche Buena Veins due to
faulting and extreme oxidation which may necessitate the re-drilling of
this hole to intersect the veins at deeper levels.
The Noche Buena Veins lie 200 meters west of the Carlos Pacheco Vein,
where IMPACT recently reported high grade gold intersections, including
19.6 g/t gold over a TW of 2.9 meters (see the Company's news release
dated December 4, 2008). The Noche Buena Veins and previously reported
Carlos Pacheco Vein represent two parallel structures that trend in a
northerly fashion (see the Company's news release dated November 5,
2008 for a detailed description of this target area). The Noche Buena
Vein has been the subject of historical mining and exploration efforts
in which substantial thicknesses (greater than three meters) of silver
bearing quartz-vein material has been encountered intermittently over a
750-meter strike length. It is the intention in this drill program to
explore the vein systems in a systematic manner in order to determine
the continuity of thickness and grade as well as discovering and
testing other new veins.
Brian Hall, P.Geo. and Nigel Hulme, 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 Royal Mines of Zacualpan, the 200-square-kilometer
advanced Mamatla Mineral District and a portfolio of projects with an
option on a producing mill at Zacatecas.
On behalf of the directors of IMPACT Silver Corp.,
"Frederick W. Davidson"
President, CEO
For further information please contact:
Darrell Rader, Corporate Development
Telephone: 604-681-0172
The TSX Venture Exchange does not accept responsibility for the
adequacy or accuracy of this news release.
=======================================================================
Copyright (c) 2009 IMPACT SILVER CORP. (IPT) All rights reserved. For
more information visit our website at http://www.impactsilver.com/ or
send mailto:inquiries@impactsilver.com
=======================================================================
.
<