Trading Symbol: "IPT: TSX.V"
VANCOUVER, Dec. 13, 2016 /CNW/ - IMPACT Silver Corp.
("IMPACT" or the "Company") is pleased to announce more high-grade
drill results for silver from the Deeps Zone of the San Ramon Mine
in central Mexico. These new drill intersections are located
at depth below previously reported drill intersections.
Additional holes have been drilled and results are pending.
New drill results are as follows:
|
SAN RAMON DEEPS
DRILL RESULTS
|
|
Hole
No.
|
Vein
|
From
(meters)
|
To
(meters)
|
Interval
(meters)
|
True
Width
(meters)
|
Ag
(g/t)
|
Au
(g/t)
|
Pb
(%)
|
Zn
(%)
|
|
|
MPZ-215
|
Inmaculada
2
|
94.00
|
102.15
|
8.15
|
7.09
|
87
|
0.07
|
0.07
|
0.41
|
|
|
MPZ-216
|
HW Vein
|
78.66
|
81.00
|
2.34
|
2.20
|
194
|
0.10
|
0.12
|
1.08
|
|
Inmaculada
2
|
95.00
|
95.80
|
0.80
|
0.69
|
562
|
0.30
|
0.73
|
2.02
|
|
Including
|
95.55
|
95.80
|
0.25
|
0.22
|
1,475
|
0.91
|
2.25
|
6.25
|
|
|
UG4-01
|
Inmaculada
2
|
99.13
|
104.50
|
5.37
|
4.93
|
354
|
0.20
|
0.21
|
0.56
|
|
Including
|
101.46
|
103.70
|
2.24
|
2.06
|
710
|
0.40
|
0.33
|
1.03
|
|
|
UG4-02
|
Inmaculada 2
|
108.00
|
111.10
|
3.10
|
2.65
|
190
|
0.14
|
0.49
|
1.01
|
|
Including
|
109.60
|
110.07
|
0.47
|
0.40
|
608
|
0.43
|
0.58
|
1.27
|
|
|
UG4-03
|
Inmaculada
2
|
103.25
|
106.75
|
3.50
|
3.32
|
141
|
0.07
|
0.12
|
0.28
|
|
Including
|
106.50
|
106.75
|
0.25
|
0.24
|
481
|
0.14
|
0.84
|
1.55
|
|
|
UG4-04
|
Inmaculada
2
|
114.43
|
118.10
|
3.67
|
3.10
|
434
|
0.19
|
0.73
|
1.72
|
|
Including
|
115.25
|
115.94
|
0.69
|
0.58
|
843
|
0.30
|
0.79
|
2.00
|
The zone remains open for expansion down dip, up dip and to the
north. Drilling will resume when construction of a new underground
drill station is completed on Level 22 (currently the deepest level
in the mine) to enable drill testing of the zone to greater
depths. Highlights of previous drill intersections at San
Ramon Deeps included 14.82 meters of 481g/t silver and 21.74 meters
of 271g/t silver (see IMPACT Silver news releases dated
May 5, 2016, March 2, 2016 and January
12, 2016 for details of previous drilling).
The San Ramon Mine is located five kilometers southeast of
IMPACT's 500 tonne per day Guadalupe processing plant in the Royal
Mines of Zacualpan District of central Mexico. The mine
commenced production in 2006, and since then mining has occurred on
22 working levels over a vertical distance of 260 meters.
IMPACT discovered this deeper zone of high-grade mineralization in
2014 and began mining soon after. Since then this zone has
been largely responsible for the higher silver grades reported by
IMPACT's Guadalupe mill and accounts for 40% of IMPACT's current
production. To date this deep vein has been exposed in mine
workings on Levels 16.5, 18, 19, 20, 21 and 22 over a length
of 180 meters. The recent drilling outlined the vein to a
vertical distance of 35 to 60 meters below the current mine
workings. (For a section of the San Ramon Deeps Zone and
drill holes, see the San Ramon Mine slide in the PowerPoint
presentation on the company website at www.IMPACTSilver.com).
Wojtek Jakubowski, P.Geo., and
George Gorzynski, P.Eng., Qualified
Persons under the meaning of Canadian National Instrument 43‑101,
have approved the technical content of this news release.
About IMPACT Silver:
IMPACT Silver Corp. is a silver
producer with two processing plants on two adjacent projects within
its 100% owned mineral concessions covering 357km2 in central
Mexico: the Guadalupe Production
Centre and the Capire Processing Plant. At Guadalupe, three
underground silver mines, including San
Ramon, feed the central 500 tpd processing plant located
within the historic Royal Mines of Zacualpan Silver District.
At Capire, the 200 tpd processing plant and open pit silver
mine are on care and maintenance waiting for a recovery in silver
prices. Additional information about IMPACT and its
operations can be found on the Company website at
www.IMPACTSilver.com.
On behalf of IMPACT Silver Corp.
"Frederick W. Davidson"
President & CEO
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 NI43‑101 the Company is required to disclose that
it has not based its production decisions on NI43‑101‑compliant
mineral resource or reserve estimates, preliminary economic
assessments or feasibility studies, and historically such projects
have increased uncertainty and risk of failure.
SOURCE IMPACT Silver
