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      Impact Silver Acquires New Concessions Increasing Mineral
      Holdings By 45%
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IMPACT Silver Corp. ("IMPACT" or "the Company") is pleased to announce
that it has acquired several new mineral concessions at the Royal Mines
of Zacualpan Silver Project in Mexico.  IMPACT purchased the Cadena and
Zapote concessions from private Mexican vendors and was granted the
Zacualpan Northwest concessions directly from the Mexican government.
These acquisitions have expanded IMPACT's mineral holdings in the
Zacualpan-Mamatla Districts by 45% to 472 square kilometers and contain
significant potential for new mine discoveries.

CADENA CONCESSION

The 112-hectare Cadena Concession is located 500 meters north of
IMPACT's high grade Chivo Silver Mine and south of the Guadalupe Mine.
The historic Golondrinas Mine is located on the concession and old maps
indicate at least one significant silver shoot was partially mined
there.  The Cadena Mine, located on the northwestern part of the
concession, was also a large historic producer.  During preliminary
examination of the concession, the Company's field crews sampled some
of the other old Spanish workings on the concession and received
significant assays, including a high grade grab sample at the old
Higuere Shaft that assayed 501 g/t silver and a channel sample at the
old Cardoso Mine adit entrance that assayed 176 g/t silver, 7.14% zinc
and 3.53% lead across 0.5 meters true width.  IMPACT geologists have
traced extensions of known veins onto the concession, including the
large San Antonio and Chontalpan Vein Systems.  With its close
proximity to active mining operations, IMPACT crews have already
commenced a field program of mapping, soil sampling and rock sampling
(underground and surface) at the Cadena concession in preparation for
future drilling.  The Cadena purchase also included four small
concessions in the northern part of the Royal Mines of Zacualpan
District which have not yet been examined.

ZAPOTE CONCESSION

The Zapote Concession is located 2.5 kilometers west of the Company's
processing plant.  It covers 161 hectares on the western extension of
vein systems extending from the Guadalupe area where the Company is
presently mining.  Initial reconnaissance work at Zapote by the
Company's geologists found several wide mineralized veins crossing the
concession along with volcanogenic massive sulphide style
mineralization.  The concession is scheduled for a program of mapping
and sampling. 

ZACUALPAN NORTHWEST CONCESSIONS

The six Zacualpan Northwest concessions were granted directly by the
Mexican government through normal staking procedures.  They are located
five kilometers northwest of IMPACT's operating Guadalupe processing
plant and cover 140 square kilometers on the northwest extensions of
the major vein systems from IMPACT's Royal Mines of Zacualpan Silver
District.  An exploration crew was immediately dispatched to carry out
both a reconnaissance examination of this huge new exploration area as
well as a preliminary sampling of mineral prospects, in anticipation of
a detailed exploration program over the area.  The crew has already
found several old Spanish mine workings on their first excursions into
the area.  Significant results of this exploration work will be
reported as they are received and interpreted.  These concessions fill
in the gap between the Royal Mines of Zacualpan Silver District and the
smaller historic Sultepec Mining District of Pe�oles.

Frederick W. Davidson, President and CEO of IMPACT Silver Corp.,
stated, "IMPACT already owns most of the Royal Mines of Zacualpan
Silver District and these new acquisitions move us one step closer to
complete consolidation of the District, as well as expansion beyond its
traditional borders.  This is the first time in the 480-year history of
the District that the mineral rights have come under the control of one
company.  With 100% ownership of 472 square kilometers of contiguous
mineral concessions, we can effectively explore and mine unhindered by
intervening concession owners knowing that anything we discover and its
extensions belongs to us.  It is an enviable position that grants us a
large degree of control over our destiny which we will continue to
exploit to our maximum benefit."

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.  Channel samples were collected from
cleaned rock faces over a continuous representative interval using a
moil and hammer.  All samples were securely stored at the IMPACT base
camp until shipment.  A total of 5% assay standards and 5% blanks were
inserted into the sample shipment as a quality control measure.  All
samples were shipped to the ALS Chemex preparation laboratory in
Guadalajara, Mexico, where they were fine crushed (70% passing a 2mm
screen), pulverized (85% passing a 75 micron screen) and pulp split
separated for assay by a riffle splitter.  These pulps were shipped to
the ALS Chemex laboratory in North Vancouver, Canada, where a 30 gram
split of each was assayed for gold and silver by standard fire assay
and a 10 gram split was analyzed for an additional 30 elements by ICP
spectrometry.

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 Silver 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: 604-681-9501

The TSX Venture Exchange does not accept responsibility for the
adequacy or accuracy of this news release.

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Copyright (c) 2008 IMPACT SILVER CORP. (IPT)  All rights reserved.  For
more information visit our website at http://www.impactsilver.com/ or
send mailto:inquiries@impactsilver.com
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