Impact Silver - IPT.V - WKN: A0HGWG

Dieses Update ist vielleicht lang!
IPT ist der reine Wahnsinn.

Muss das erst in aller Ruhe lesen.

TEIL 1
IMPACT Silver Exploration Summary
Thursday January 10, 7:18 pm ET

VANCOUVER, BRITISH COLUMBIA--(Marketwire - Jan. 10, 2008) - IMPACT Silver Corp. ("IMPACT") (TSX VENTURE:IPT - News) is pleased to provide a summary of its exploration activities in 2007 and plans for 2008. Most of IMPACT's exploration work was carried out at the Royal Mines of Zacualpan Silver District ("Zacualpan") and the adjacent Mamatla District in 2007. A smaller program took place in the Zacatecas Silver District.


ROYAL MINES OF ZACUALPAN EXPLORATION OVERVIEW

Zacualpan is located in central Mexico and consists of a 125-square-kilometer land package with wholly owned operating mines and a processing plant rated at 500 tonnes-per-day ("tpd") and currently operating at 300 tpd.

Since 2004, IMPACT has been reporting results from a large number of old mine prospects at Zacualpan. To put the results of this extensive field work, historical information and assays in context and prioritize exploration targets, IMPACT hired a senior geological database expert in early 2007 to compile a computer GIS (Geographic Information System) database encompassing all past mining and exploration data in the Zacualpan and neighbouring Mamatla Districts. To date, over 750 old mine workings have been entered into the database, of these IMPACT exploration crews have sampled in detail 87. Of these, ten priority targets were drill tested resulting in the discovery of two new mines (Chivo and San Ramon). Five of the other ten targets returned economically significant results that will lead to further drilling. At this point, only about 10% of the Zacualpan property has seen detailed exploration.

In 2008, an expanded drill budget including 12,000m of Phase 1 surface drilling and 5000m of underground drilling will continue to test targets. The field workforce has also been expanded to better tackle the more than 700 old mine workings that remain to be explored. Reconnaissance crews and prospectors continue to sample an expanded soil grid which will encompass an additional 12,000 samples in 2008 and more prospective old mine workings are being added to the existing data bank on a regular basis.

Due to the vast size of the Zacualpan district, exploration activity is carried out as a series of projects, each with its own dedicated team. A summary of exploration work completed in 2007 is discussed below with target areas described as near term, intermediate term and long term production potential (see map at http://www.impactsilver.com for locations).

Near Term Exploration Targets (Less than one year horizon to potential production)

Near Term Exploration targets are mainly located in the vicinity of active mine workings. Many of these targets are tested by the mine staff through underground sampling and IMPACT's wholly owned, continuously operating underground drill. The resulting samples are processed in a modern fully equipped laboratory that is located at the mine site. IMPACT does not routinely report assays from this underground sampling and drilling as the work is considered part of the daily management of mining operations.

In 2007 underground Near Term Exploration focused on the Guadalupe, Gallega and Chivo Mines. The underground drill is presently testing extensions of known veins on Level 195m of the Guadalupe mine outlining new areas for production. Other parts of the mines are re-evaluated by underground channel sampling. For example the San Lorenzo Vein on Level 195 at Guadalupe returned nine underground samples averaging 444g/t silver, 1.3% lead and 2.6% zinc across 0.54m true width ("TW") along a strike length of 90m with the best sample assaying 1,040g/t silver, 0.8% lead and 2.3% zinc across 1.1m TW and is now included in production plans for 2008. Similarly, underground exploration combined with surface drilling at the nearby Gallega Mine in 2007 discovered several new veins that are now in production.

Chivo Project

The Chivo Mine is the newest addition to IMPACT's production profile. In early 2007 drill results from 18 holes in the Chivo Silver Shoot lead to a production decision. Highlights of this work included the following: 937g/t silver, 0.35g/t gold, 1.88% zinc and 0.75% lead across 2.7m TW (DH Z-06-10) and 378g/t silver, 0.30g/t gold, 4.25% zinc and 1.76% lead across 4.7m TW (DH Z07-03).

In November 2007 the first underground workings reached the Chivo Silver Shoot. This shoot has since been exposed underground for a distance of 120m on the south end in preparation for commercial production. Underground sampling of this southern portion of the shoot has now been completed to NI43-101 standards and an additional five drill holes from surface have been completed to the north. Assays from this work are pending.

Exploration of several nearby targets continues on the premise that any of them could be readily and quickly integrated into the Chivo Mine. One of them, the San Patricio Vein, located 600m west of the Chivo Mine, is a branch off the main Lipton Vein which is host to the producing Guadalupe Mine further to the north. Four drill holes at San Patricio in 2007 returned highlights of 242g/t silver across 4.6m TW and 935g/t silver and 2.14% zinc across 0.6m TW. Further drilling is planned at San Patricio to expand on these results and on other targets in the Chivo Project area in 2008.

Intermediate Term Exploration Targets (1 to 3 year horizon to potential production)

Significant effort is being given to Intermediate Term Exploration Targets. The latest success in this category is the silver-rich Chivo Mine which progressed from discovery sampling in September 2005 to first drill hole assays in October 2006 and to first production in November 2007. A variety of Intermediate Term Exploration Targets were explored in the district in 2007.

San Antonio Project

The San Antonio zone is located four kilometers southeast of the Zacualpan mill and 1350m northeast of the Chivo Mine. On surface it is marked by a large glory hole, two old adits and a foundation for an old processing plant. Highlights from the 11 hole drill program in 2007 include the following:

-------------------------------------------------------------------
SAN ANTONIO DRILL HOLES
-------------------------------------------------------------------
TOP OF
DRILL INTERCEPT ESTIMATED ZINC LEAD SILVER GOLD
HOLE No. (m) TW (%) (%) (g/t) (g/t)
-------------------------------------------------------------------
SECTION 2000N
-------------------------------------------------------------------
Z07-15 53.5 2.9 7.81 3.76 50 0.91
-----------------------------------------------------
Including: 0.9 15.95 8.10 97 1.63
-------------------------------------------------------------------
-------------------------------------------------------------------
Z06-22 47.4 1.1 4.09 4.46 118 5.12
-------------------------------------------------------------------
SECTION 2050N
-------------------------------------------------------------------
Z07-21 82.8 4.5 11.55 1.94 33 0.51
-----------------------------------------------------
Including: 1.8 16.53 1.63 25 0.55
-------------------------------------------------------------------

Further drilling is planned for the San Antonio Zone and other nearby veins in 2008 and soil sampling, prospecting and mapping are planned for the general San Antonio Project area.

Cuchara Project

The Cuchara Mine is located three kilometers east of the Zacualpan mill. The main shoot has been mined intermittently for hundreds of years and was last in production in 2004. Recent drilling tested the southern extension of the Cuchara Vein system beyond historic mining areas returning the following highlights:

--------------------------------------------------------------------
CUCHARA EXTENSION DRILL HOLES
--------------------------------------------------------------------
DRILL TOP OF ESTIMATED SILVER GOLD ZINC LEAD
HOLE No. INTERCEPT (m) TW (m) (g/t) (g/t) (%) (%)
--------------------------------------------------------------------
Z07-29 107.5 2.2 641 0.02 1.67 0.53
---------------------------------------------------------
Including: 0.6 1,340 0.02 2.27 0.80
--------------------------------------------------------------------
--------------------------------------------------------------------
Z07-30 18.8 1.5 229 0.07 1.17 0.35
--------------------------------------------------------------------

In early 2007, a new discovery was also made at the nearby Oscar Vein:

--------------------------------------------------------------------
OSCAR VEIN DRILL HOLE
--------------------------------------------------------------------
DRILL TOP OF ESTIMATED SILVER GOLD ZINC LEAD
HOLE No. INTERCEPT (m) TW (m) (g/t) (g/t) (%) (%)
--------------------------------------------------------------------
Z07-26 95.0 0.3 2,820 7.83 7.83 3.48
--------------------------------------------------------------------

Mapping and prospecting has identified a cluster of at least ten other veins with old workings in the Cuchara area. Data compilation and surface work are continuing in preparation for further drilling of these and other nearby veins.

Pino Prospect

The Pino Prospect lies on the Lipton Vein system. It is located 700m south of the Guadalupe Mine which has historically produced 10 million ounces of silver predominantly from the Lipton Vein. The Pino Prospect area is marked by a large soil anomaly and sparse old small mine workings. Highlights from drilling returned:

--------------------------------------------------------------------
PINO PROSPECT DRILL HOLES
--------------------------------------------------------------------
DRILL TOP OF ESTIMATED SILVER GOLD ZINC LEAD
HOLE No. INTERCEPT (m) TW (m) (g/t) (g/t) (%) (%)
--------------------------------------------------------------------
Z06-19 125.5 4.9 8 0.06 1.84 0.59
---------------------------------------------------------
Including: 3.3 11 0.05 2.29 0.67
--------------------------------------------------------------------
--------------------------------------------------------------------
Z06-21 63.6 2.7 84 0.09 2.67 0.64
---------------------------------------------------------
and: 1.7 109 0.11 3.58 0.84
--------------------------------------------------------------------

This initial test indicated this to be a zinc-rich prospect. The best holes (19 and 21) were both drilled near the valley bottom and indicate that metal values were increasing with depth in the vein structure. In late 2007 one additional hole was drilled to test this system to greater depth. Assays are pending. Additional drill sites have been prepared to further test this zone to depth in 2008.

Longer Term Exploration Targets (3 to 5 year horizon to potential production)

IMPACT field crews have been exploring various mineralized areas at Zacualpan with longer term production possibilities. The most significant of these is the CPN Gold-Copper Zone.

CPN Gold-Copper Project

The Carlos Pacheco-Nochebuena ("CPN") Project covers a sizeable target area within the larger Zacualpan District. It is located five kilometers southwest of the Zacualpan mill in the central portion of IMPACT's land holdings covering a 10-square-kilometer area of large-scale, well mineralized with Copper-Gold and Silver-Zinc-Lead veins. In early 2007 the first results of sampling in some old mine workings returned highlights of:

-----------------------------------------------------------------
CARLOS PACHECO ADIT SAMPLES
-----------------------------------------------------------------
ESTIMATED GOLD COPPER SILVER
LOCATION TW (m) (g/t) (%) (g/t)
-----------------------------------------------------------------
End of adit 2.7 14.6 0.46 58
-----------------------------------------------------------------
Including: 1.2 32.4 0.80 106
-----------------------------------------------------------------
-----------------------------------------------------------------
8m from end of adit 2.4 5.9 0.70 80
-----------------------------------------------------------------
Including: 0.9 10.9 1.27 134
-----------------------------------------------------------------

The Cobre Prospect is an old adit located on the Pacheco Vein System 3.5 kilometers south of the Pacheco Prospect. Samples were collected in five places over the 25m exposed length of the vein in the adit and returned the following values:

-----------------------------------------------------------------
COBRE ADIT SAMPLES
-----------------------------------------------------------------
ESTIMATED GOLD COPPER SILVER
LOCATION TW (m) (g/t) (%) (g/t)
-----------------------------------------------------------------
Average of 5 samples along 25m
exposed length of vein 1.0 1.2 2.34 181
-----------------------------------------------------------------
including 1.2 0.2 7.81 88
-----------------------------------------------------------------

Through much of 2007, a dedicated exploration team has been mapping and sampling the CPN Project area in preparation for a major drill program in 2008. Results from the 2007 exploration work will be released when all assays are received and interpreted.

These significant copper and gold zones are found at lower elevations in the Zacualpan district and may be indicative of a copper and gold district underlying the silver district. IMPACT geologists consider this idea to hold big blue sky exploration potential and incorporate the possibility into their exploration planning.

TEIL 2

MAMATLA DISTRICT EXPLORATION OVERVIEW

IMPACT won the 200-square-kilometer Mamatla District in a government auction in February 2007 and a dedicated field crew began work immediately. The district is located immediately adjacent to and southwest of Zacualpan. Mamatla is host to epithermal silver and base metal veins as well as volcanogenic massive sulphide ("VMS") base and precious metal mineralization.

Mamatla VMS Prospects

Capire VMS Project

The most advanced exploration targets at Mamatla are the Capire and Aurora 1 VMS Deposits which were discovered less than one kilometer apart and drilled by prior operators in the 1990's. In the auction bid document publicly released by the Mexican Geological Survey, the Capire deposit is described with an indicated resource of 1,154,500 tonnes grading 0.22g/t gold, 73g/t silver, 0.45% lead and 1.13% zinc in a near surface zone with potential for open pit mining and open for expansion. Several past drill highlights such as the following indicate that there are also higher grade portions to this deposit:

--------------------------------------------------------------------------
CAPIRE ZONE
--------------------------------------------------------------------------
Width Gold Silver Lead Zinc Copper
(m) g/t g/t % % % Source
--------------------------------------------------------------------------
4.0 2.66 430 2.88 7.18 0.35 See Valerie Gold Press
Release dated April 3, 1997
--------------------------------------------------------------------------
6.0 3.65 2218 2.38 5.67 0.66 See Valerie Gold Press
Release dated May 22, 1996
--------------------------------------------------------------------------

In the auction bid document publicly released by the Mexican Geological Survey, the Aurora 1 Deposit is described with an indicated resource of 194,000 tonnes grading 1.28g/t gold, 180g/t silver, 2.13% lead and 4.45% zinc. Some past drill highlights include:

--------------------------------------------------------------------------
AURORA 1 ZONE
--------------------------------------------------------------------------
Width Gold Silver Lead Zinc Copper
(m) g/t g/t % % % Source
--------------------------------------------------------------------------
7.5 0.54 230 3.67 6.71 0.44 See Valerie Gold Press
Release dated April 3, 1997
---------------------------------------------
1.0 0.65 693 4.16 6.85 1.28
---------------------------------------------
1.0 1.34 353 5.18 10.6 0.67
--------------------------------------------------------------------------

IMPACT has not independently verified the resource estimates in this news release and the estimates are not compliant with NI 43-101 requirements, therefore they should not be relied upon. IMPACT has also not yet verified the results of the previous exploration assays quoted from news releases of Valerie Gold Resources (now Valgold Resources), a TSX Venture Exchange company. These news releases were issued in the 1990's and therefore readers are cautioned that the results as presented may not comply with current NI43-101 standards of disclosure. However IMPACT believes the historical resource estimates and drill results provide an indication of the potential of the Capire VMS Project and are relevant to IMPACT's plans for further exploration work.

In December 2007 IMPACT drilled an initial four holes into the Capire Deposit. Assays have not yet been received but these holes did intersect the mineralized horizons as indicated by previous drilling. A further 3,000m of drilling is planned for the Capire and Aurora 1 Deposits in 2008 to outline mineral resources.

Mamatla Epithermal Vein Prospects

Since acquisition of the Mamatla project in February 2007, a dedicated exploration crew has discovered over 70 previously unidentified epithermal vein prospects and old mines. Initial results from this work include the following. Assays from other prospects are pending.

Huatecosco Prospect

IMPACT crews found two old mine workings at the historic Huatecosco Prospect located about 10 kilometers southwest of the Zacualpan mill. The lower working is a mine adit that has collapsed but a selected grab sample of vein material from the mine dump returned an assay of 409g/t silver, 5.41g/t gold, 0.9% zinc and 0.5% lead. Crews were able to enter the upper inclined shaft which leads to a small underground working on the vein in oxidized material. Sampling of the exposed vein returned 1.88g/t gold and 40g/t silver across 8.7m. Elsewhere in this working, assays were highly variable ranging up to 189g/t gold across 1.5m. IMPACT geologists conclude that this is a wide vein that has variable, locally very high gold grades in the near surface oxidized zone and more consistent silver and gold grades at depth. Plans are to open the lower adit and sample the vein at this lower level in preparation for future drilling.

San Joaquin Prospect

The San Joaquin Prospect is located 2.5 kilometers west of Huatecosco. A grab sample of vein material from the mine dump assayed 295g/t silver and 1.5% zinc. Plans are to map and sample this area and establish access to the old mine workings.

San Carlos Area Prospects

The ruins of the large historic San Carlos processing plant are located 13 kilometers southwest of IMPACT's operating Zacualpan processing plant. The San Carlos plant appears to have served as a central facility for processing minerals from local mines. At the site, IMPACT crews found seven piles of mineralized rocks varying from 20 - 500 tonnes in size. Samples from these rock piles assayed between 0.06 - 2.12% copper, 0.1 - 17.55% zinc, 0.1 - 11.45% lead, 46 - 836g/t silver and 0.2 - 8.65g/t gold. With the belief that these piles represent mineral collected from various nearby old mines, IMPACT crews began prospecting the surrounding countryside and discovered numerous old mine workings. Samples from some of the first workings discovered are reported below.

Pirul Prospect

The Pirul Prospect is comprised of old mine shafts and adits located 1 kilometer north of the San Carlos plant. Samples from the workings returned the following highlights:

----------------------------------------------------------------
PIRUL PROSPECT
----------------------------------------------------------------
SAMPLE SILVER ZINC LEAD
LOCATION WIDTH (m) (g/t) (%) (%)
----------------------------------------------------------------
Sample from shaft 2.0 331 0.04 9.23
----------------------------------------------------------------
Samples from adit located 65m southeast of shaft
----------------------------------------------------------------
12m from entrance 1.0 285 5.31 6.88
----------------------------------------------------------------

Gorrion Prospect

The Gorrion Prospect is located 500m west of the Pirul Prospect. Samples from a dump beside a surface cut and a nearby outcrop returned the following values:

-------------------------------------------------------
GORRION PROSPECT
-------------------------------------------------------
LOCATION ESTIMATED TW (m) SILVER (g/t)
-------------------------------------------------------
Surface sample of vein 2.1 163
-------------------------------------------------------

Angel Prospect

The Angel Prospect is located 3 kilometers northwest of the San Carlos plant. Highlights from a series of old shafts and small surface open cuts traced over 100m returned the following values:

-------------------------------------------------------
ANGEL PROSPECT
-------------------------------------------------------
LOCATION ESTIMATED TW (m) SILVER (g/t)
-------------------------------------------------------
Average of 3 samples
beside Shaft No. 1 0.9 331
-------------------------------------------------------
Sample from Shaft No. 2
(30mNW of Shaft No. 1) 0.9 492
-------------------------------------------------------

San Nicolas del Cobre Prospects

The San Nicolas del Cobre Prospects are found over a distance of 1 kilometer in the far northwest of the Mamatla District. Samples taken from old mine workings in the area returned the following values:

-------------------------------------------------------
SAN NICOLAS DEL COBRE PROSPECTS
-------------------------------------------------------
ESTIMATED COPPER SILVER GOLD
LOCATION TW (m) (%) (g/t) (g/t)
-------------------------------------------------------
Amigo Shaft 1.0 1.67 123 0.5
-------------------------------------------------------
Enjambre Shaft 0.5 1.85 98 4.1
-------------------------------------------------------

Dedicated IMPACT crews continue to carry out Intermediate Term Exploration and reconnaissance work in the Mamatla District. Detailed field work in 2008 will begin in the Huatecosco area.

ZACATECAS SILVER DISTRICT

IMPACT has a Comprehensive Agreement to purchase the Veta Grande Silver Project located historic Zacatecas Silver District of Mexico over a term of four years. The project is located 500 kilometers northwest of Mexico City and includes an operating 200 tonne-per-day processing plant and certain surface rights. During 2007 exploration focused on some of the 17 mineral concessions located within this district.

100% IMPACT Concessions

In 2007 IMPACT crews carried out a program of mapping and surface sampling on the Nueva Granada and Asturiana concessions which cover veins branching off the Veta Grande Vein system, the major silver producer in the district. Old plans indicate the veins on these concessions were mined over a length of 700m and to a depth of 150-200m on the IMPACT concessions.

Field work in late 2007 focused on the San Jose and Armado Veins. The San Jose Vein crosses the concessions over a distance of 800m. Old mine workings and dumps mark the surface along its entire width. A total of six channel samples were collected from surface exposures of the vein and averaged 239g/t silver over 0.74m TW ranging to a high of 444g/t silver over 1.10m TW.

The Armado Vein trends 100m west of and runs parallel to the San Jose Vein. It has been traced over a distance of 500m and is marked by old mine workings and dumps along its entire length. Channel samples collected from surface exposures of the vein located 130m apart assayed 237g/t silver over 1.92 TW and 1,320g/t silver over 0.30m TW. Two samples were collected at an old mine dump on the vein located 400m to the north. A sulphide-bearing sample assayed 358g/t silver and a sulphide-poor sample assayed 247g/t silver.

Most of the other IMPACT concessions have medium to high grade rock dumps beside old mine workings that have not seen any modern exploration or drilling. These include the Cristian Mine where samples from surface dumps returned 310g/t silver, 24.2% lead and 8.0% zinc from a high grade stockpile. At the San Pascual a representative sample of the dump around the shaft assayed 875g/t silver. A representative sample from the dump beside the nearby Pirul shaft assayed 525g/t silver.

Based upon the encouraging results from this initial field work, the known extensive old workings on the concessions and the close proximity to the processing plant, a first phase drill program is being planned in 2008.

Zacatecas Joint Venture (Yale Resources)

IMPACT optioned four of its Zacatecas concessions (San Sabino, Zacatecas, Salvador and San Jose) to Yale Resources. Under the agreement Yale may earn an interest in the concessions by making certain cash payments and completing certain work commitments. In mid-2007, a drill program was carried out on three concessions. In total four holes (501m) were drilled at San Jose and 12 holes (1,314m) were drilled at Salvador/Zacatecas. The best intersection assayed 1,340g/t silver over 0.80m at San Jose.

FUTURE EXPLORATION PLANS

The exploration budget for 2008 has been more than doubled in order to put some of the 700+ known prospects at the Zacualpan and Mamatla districts on a faster track to potential production. The exploration program will be funded through existing cash balances. Additional technical personnel were hired to carry out work ranging from green fields to advanced stage exploration. 2008 will begin with three dedicated field crews each led by a senior geologist working on the San Antonio, Mamatla and CPN Projects respectively. A prospecting team will continue reconnaissance work in the districts and a soil crew will begin the year sampling a large grid in the Cuchara-San Antonio Project areas Three geologists will also oversee both surface and underground drilling operations at Zacualpan and Capire (Mamatla). An initial phase of 12,000m of surface exploration drilling and 5,000m of underground drilling is planned. The purchase of a second wholly owned underground drill has also been budgeted. The GIS database compilation will also continue into 2008 with an emphasis put on district-wide interpretation.

George Gorzynski, P.Eng., Vice President Exploration and a Qualified Person under the meaning of Canadian National Instrument 43-101, is responsible for the technical content of this news release. Drill core was NTW size (5.71cm diameter) and BTW size (4.20 cm diameter). Half core samples were collected with a rock saw and tagged for identification. Chip and channel samples were collected from cleaned rock faces over a continuous representative interval using a chisel and hammer. All samples were securely stored at the IMPACT base camp until shipment. A total of 5% assay standards and blanks were inserted into every 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 analysed for an additional 30 elements by ICP spectrometry. Higher copper, zinc and lead values were done by wet assay methods.

IMPACT Silver Corp. is a silver focused mining and exploration company operating in Mexico with a producing silver operation at Zacualpan, an advanced project with a producing mill at Zacatecas and the 200-square-kilometer advanced Mamatla District. Energold Drilling Corp. (TSX VENTURE:EGD - News) who was the contractor for the drill programs, owns 6.6 million shares of IMPACT.

On behalf of the Directors of IMPACT Silver Corp.

Frederick W. Davidson, President, CEO

Oh yesss...

IMPACT Silver Announces Acquisition of Third Mill
Jan 29, 2008 16:58 ET

VANCOUVER, BRITISH COLUMBIA--(Marketwire - Jan. 29, 2008) - IMPACT Silver Corp. ("IMPACT") (TSX VENTURE:IPT) is pleased to announce the acquisition of its third mill. The semi-portable mill is located in central Mexico and has a capacity of 200 tonnes per day. It will be dismantled and transported to IMPACT's Royal Mines of Zacualpan Silver District for impending production increases. Presently the central operating mill at Zacualpan is rated at 500 tonnes per day. The addition of this mill will increase IMPACT's production capacity in the district to 700 tonnes per day.

The mill has been acquired through a simple purchase agreement at a price of US$700,000. A payment of US$50,000 was made on signing with the balance of US$650,000 to follow within 60 days. Due diligence conducted by IMPACT engineers on the mill determined that all major pieces of machinery are in excellent condition. The mill was originally built in 1988 from predominantly new pieces of equipment. It operated intermittently in central Mexico for six years and processed only 150,000 tonnes before production was suspended. With the shortage of available mining and processing equipment today and the continuing need for equipment to fuel IMPACT's expanding production profile, management moved quickly to acquire this mill at a favourable price when it became available.

IMPACT controls 325km2 of mineral concessions at the Royal Mines of Zacualpan and Mamatla Districts. Given its large land position, IMPACT is planning to operate in the district through a series of processing plants each serving a portion of the district. The purchase of this mill is the first step toward this goal. The semi-portable mill's destination in the district will be determined by the results from ongoing drilling. Currently, the Royal Mines of Zacualpan Silver District has three mines feeding a central wholly owned mill. In the Zacatecas Silver District, IMPACT has an option to purchase an operating 200 tonne per day mill.

Fred Davidson, President of IMPACT, stated, "The acquisition of this additional milling capacity will ensure that we will be able to continue our production expansion plans unhindered by shortages of processing equipment as new mines are brought online. Our technical team has demonstrated that they can bring new discoveries through drilling, engineering and into production in under 24 months and it is management's job to ensure they are not hindered by lack of resources. This mill acquisition goes a long way to fulfilling that commitment."

IMPACT Silver Corp. is a silver focused mining and exploration company operating in Mexico with a producing silver operation at the Royal Mines of Zacualpan, the 200km2 advanced Mamatla Silver District and a portfolio of projects with a producing mill at Zacatecas. Energold Drilling Corp. (TSX VENTURE:EGD) who is the contractor for the ongoing drill program, owns 6.6 million shares of IMPACT.

On behalf of the Directors of IMPACT Silver Corp.

Frederick W. Davidson, President, CEO

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

For more information, please contact
IMPACT Silver Corp.
Darrell Rader
Corporate Development
(604) 681-9501
(604) 681-6813 (FAX)
Email: inquiries@IMPACTSilver.com
Website: http://www.IMPACTSilver.com

Will halt wer noch was weggeben. Ist doch egal.

IPT ist eine winwinwin Situation.
Immer Drills durch Energold.
700 historische Minen.
Gute Bilanz.
Die werden Geld verdienen, nicht viel, aber das wird immer besser.
Und vor allem viele, viele Jahre.

Also, was soll´s.

Grüße
Tschonko

Aus smartinvest: "TheSlowLane" über Impact Silver.
In dem Reisebericht ist ein link enthalten zu den Foros von der Minenreise.
Empfehlenswert!
Vor allem Sean ist manchmal recht gut drauf....

http://www.cansanocapital.com/.....Silver.htm
(Ausführlicher Reisebericht!)
Fred ist der CEO, Darrell Rader und Sean Rakhimov von http://silverstrategies.com/PerformanceReport.aspx

It was about two and a half years ago at the Cambridge House show in Toronto when I first heard about IMPACT. Coach had discovered this company and was dragging everyone who was unable to fight him off over to their booth to get the story. From this first encounter onward, my impression of the company is that it is run by a team that is highly experienced, extremely professional and laser-focused on building a successful business.

Since that time I have had a chance to get to know Fred, Darrell and more recently, Sean. I would make a point of spending some time with them at each of the shows (Cambridge House, PDAC, New Orleans) to find out the latest. I bought my first shares at less than half a buck, but have periodically added at prices up to 1.66. By now, IMPACT is my largest silver stock position.

Recently I had the opportunity to travel to Zacualpan to spend a couple of days touring their mining and milling operations and to survey some of the areas they are actively exploring. While I have always had the sense from what I have read and heard that IMPACT has considerable potential, when you actually see it in front of you, it is truly awe-inspiring. The work that is being done just to inventory all of the workings on their properties (now up to 600 KM2, counting concessions under application) has resulted in the identification of over 900 sites. They expect this number to easily exceed 2,000 by the time they are done, which will probably take another two years.

After returning home, I wrote up a trip report to try to convey on paper at least a sense of what I had just experienced. I have provided a link to the report below. I would have pasted it into this thread, but I incorporated several photographs that I think help tell the story. The team at IMPACT seems to be reluctant to toot their own horn, despite their considerable accomplishments, but I have no such reservations myself.

So, I hope you find this worth your time...enjoy!

...........................................................

Neamman - I don't expect to see the third mill in production until 2009. I suppose it's possible that it could happen this year, but based on everything I heard, my expectation is for 2009. Getting their arms around what is on their property is like a python trying to swallow a blue whale. It will happen, but it takes time and is a bit of a stretch.

I skimmed through some of the recent posts here and got the sense that there is a fair amount of frustration. Given the share performance over the past year or so, that's understandable. That said, there is a difference between stock price performance and execution on the ground. Any short time concerns I might have about the former are more than mitigated by my comfort with the latter. While the stock price might not be behaving, I believe that the company is putting the pieces in place that will build significant shareholder value over time. But it will not happen overnight.

IMPACT has a couple of challenges which are probably already well-known. The first is that for the most part, their deposits are of a narrow-vein, high-grade nature. That means that drilling them out to 43-101 standards is expensive and time-consuming. This means that any analyst that looks at the company has to do extra work to understand and then tell this story. Given that there are a universe of hundreds of junior mining companies, I think most of them may be reluctant to make the effort.

The next problem is that IMPACT is cash flow positive. Their production activities are funding their exploration activities. Most of the brokerages out there are accustomed to acquiring stock, warrants and fees by brokering private placements. The fact that IMPACT does not need to raise money is a negative, from the perspective of these whorehouses...er, I mean, brokerages.

So, I tell people that if they are looking for a quick flip or flash and sizzle, then IMPACT may not be their best bet. If they are looking for a trustworthy and capable management team that is focused on building long-term value, then it is certainly worth a look. It's not just that people have been LOOKING for silver for centuries in Zacualpan and Mamatla...they've been MINING silver for centuries there. The Spaniards would not have built huge mills in the middle of the wilderness just for the heck of it.

Cheers,
tsl

IMPACT Reports $2.1 Million in Operating Earnings for 2007
Tuesday April 15, 12:01 pm ET

VANCOUVER, BRITISH COLUMBIA--(Marketwire - April 15, 2008) - IMPACT Silver Corp. (TSX VENTURE:IPT - News; "IMPACT" or "the Company") is pleased to announce its results for the year ended December 31, 2007. The Company's consolidated financial statements include results from the Royal Mines of Zacualpan Project ("Zacualpan") which was purchased on January 16, 2006. For the year 2007, the Company's net earnings per share (EPS) were $0.01.
FULL YEAR RESULTS

------------------------------------------------------------------------
2007 Restated 2006
Canadian $ Canadian $
------------------------------------------------------------------------
Revenue 7,250,000 7,006,000
------------------------------------------------------------------------
Mine Operating Earnings(i) 2,071,000 2,407,000
------------------------------------------------------------------------
Income before Taxes 635,000 838,000
------------------------------------------------------------------------
Net Income & comprehensive income 287,000 506,000
------------------------------------------------------------------------
Earnings per Share - basic 0.01 0.01
- diluted 0.01 0.01
------------------------------------------------------------------------
(i) Includes amortization and depletion of $768,000 in 2007 and $539,000
in 2006.

Average mill throughput during the year was 274 tonnes per day. Revenues for the year ended December 31, 2007 were $7,250,077. Mine operating earnings for the year were $2,070,931. Total tonnes mined for the year-end period are 99,918 tonnes or 31,745 tonnes (47%) more than previous year's production. On site operating costs were $44.15 per tonne, a decrease over the prior year of 26%. Production exceeded the prior year by a significant amount in most categories except silver, with mill throughput increasing over 40 per cent to 274 tonnes per day compared to 196 tonnes per day in 2006. This represents an 89% increase over production levels of 145 tonnes per day when the Company acquired the mine two years ago. With record high zinc prices during the summer months, IMPACT's management made the strategic decision to maximize zinc production by exploiting previously marginal zinc ore while preparing the higher grade silver mines for production. As zinc prices began to retreat, silver production was once again increased.

FULL YEAR RESULTS

------------------------------------------------------------
2007 2006
------------------------------------------------------------
Total Tonnes Produced 99,918 68,173
------------------------------------------------------------
Tonnes Produced per Day 274 196
------------------------------------------------------------
Silver Production (ounces) 348,949 465,673
------------------------------------------------------------
Lead (tonnes) 601.03 375.43
------------------------------------------------------------
Zinc (tonnes) 976.07 725.20
------------------------------------------------------------
CAD$ direct costs per ton $44.15 59.55
------------------------------------------------------------

2007 was another exciting year of positive growth generated by successful exploration and development efforts, resulting in IMPACT ending the year in Mexico with three producing mines and control over two large mineral districts, Zacualpan and Mamatla, and a key presence in a third district, Zacatecas; all highlighted by extensive exploration, increased production and lower direct operating costs.
During 2007, the majority of the mill feed was from mining of lower grade mineral at the Guadalupe Mine, where an intensive program of remapping and exploration is continuing underground. The Guadalupe Mine remains the lowest-cost producer in the Zacualpan district.
Chivo is the new high grade producing mine at Zacualpan. During the fourth quarter, construction of the Chivo Mine access adit was completed; drifting commenced along the vein and in December; the first mill feed from stope mining was achieved, resulting in production levels of approximately 100 tonnes per day. A second adit approximately 60 meters vertically below the first is currently being planned. It is anticipated Chivo will provide a significant volume of higher grade silver feed to the Zacualpan mill in 2008 onward.
The Gallega Mine, located just 500 meters from the Zacualpan processing plant, supplements production from the Guadalupe operation. Mining began on the high-grade Salvadora stopes and then expanded to the Lipton Vein and the recently-discovered San David Vein. In 2006, the San Ramon Mine, near Chivo, generated the majority of the high-grade feed for the Zacualpan mill. Operating costs increased and ore delineation became increasingly more complex, and mining stopped here in 2006. The Company will recommence mining at the San Ramon on a more selective basis in 2008.
Importantly, the two mineral districts the Company controls in Central Mexico, the 125-square-kilometer Zacualpan silver district and the newly-acquired 200-square-kilometer Mamatla mineral district southwest of Zacualpan, have great exploration potential. This potential is being unlocked by IMPACT's exceptional technical team who took the Chivo mine from a raw prospect to production in less than two years. In 2008, IMPACT is continuing an aggressive exploration program with over 15,000 meters of surface and underground drilling budgeted, including a number of targets in both districts.
In aggregate, the Company is well-positioned for 2008 with cash and term deposits of in excess of $10 million, which is in addition to funds generated by the current mining. IMPACT recently announced the purchase of a semi-portable 200-tonne-per-day mill, including all major equipment for US$700,000 which, once relocated, will give the mining group increased production capacity to 700 tonnes per day. The Company looks forward to growing by continuing to expand production through aggressive exploration and rapid mine development. The exploration budget for 2008 has been more than doubled in order to put some of the 700 plus known prospects at Zacualpan and Mamatla on a faster track to potential production and build mineral inventories for mining.
Frederick W. Davidson, President, CEO
The TSX Venture Exchange does not accept responsibility for the adequacy or accuracy of this news release.

Contact:Darrell Rader
IMPACT Silver Corp.
Corporate Development
(604) 681-9501
(604) 681-6813 (FAX)
Email: inquiries@IMPACTSilver.com
Website: www.IMPACTSilver.com

IMPACT Silver Extends Strike Length of Chivo Mine; Drills 12.3 Meters of 6% Zinc and 2% Lead
Thursday April 24, 4:37 pm ET

VANCOUVER, BRITISH COLUMBIA--(Marketwire - April 24, 2008) - IMPACT Silver Corp. ("IMPACT") (TSX VENTURE:IPT - News) is pleased to announce that continued drilling on extensions of the Chivo Mine has significantly extended the trend northward and has intersected strong mineralization.The Chivo Mine, located in the Royal Mines of Zacualpan Silver District in Mexico, achieved commercial production in early 2008 based on successful exploration over the past two years. The mine was put into production based on 21 drill holes and sampling of old workings. This news release reports on an additional five holes drilled on the northern extension of the Chivo Zone. Beyond these results, there have been a further 20 holes completed on both the northern and southern extensions of the Chivo Zone. Assays are pending. The main Chivo Zone remains open in all directions for further expansion.
Highlights of the additional holes drilled on the northern extension of the Chivo Zone are as follows:

--------------------------------------------------------------------------
CHIVO NORTH EXTENSION DRILL HOLES (MAIN VEIN)
--------------------------------------------------------------------------
ESTIMATED
TRUE
TOP OF WIDTH
DRILL HOLE INTERCEPT ("TW") ZINC LEAD SILVER GOLD
No. (m) (m) (%) (%) (g/t) (g/t)
--------------------------------------------------------------------------
SECTION 1060N (Sections are listed from south to north, drill holes are
listed from west to east.)
--------------------------------------------------------------------------
Z07-49 157.5 8.8 5.62 1.64 62 0.14
-----------------------------------------------------------
Including: 1.0 14.94 3.52 57 0.33
-----------------------------------------------------------
Including: 0.2 29.50 5.83 70 1.13
--------------------------------------------------------------------------
SECTION 1090N
--------------------------------------------------------------------------
Z07-45 97.7 0.2 5.35 1.27 1,080 0.34
--------------------------------------------------------------------------
Z07-46 127.7 3.0 8.40 3.56 274 0.26
-----------------------------------------------------------
Including: 1.3 15.20 6.20 139 0.17
--------------------------------------------------------------------------
Z07-47 124.4 12.3 6.03 2.05 105 0.14
-----------------------------------------------------------
Including: 7.4 8.73 3.01 150 0.21
-----------------------------------------------------------
Including: 1.8 15.59 5.85 369 0.34
--------------------------------------------------------------------------

The deepest holes on both these sections were the widest and highest grade intersections leaving the zone open for expansion to depth and to the north. Drill hole Z08-49 was drilled at depth on the same section as drill hole Z07-08-11 (see IMPACT news release dated July 12, 2007) and extended the zone of mineralization an additional 50 meters down dip. Drill holes Z08-45 through Z08-48 were drilled on a new section 30 meters north of any previous drilling.
On a deposit scale, the Chivo Zone is showing itself to be increasingly zinc and lead-rich to the north where these holes were drilled and silver-rich to the south where IMPACT has recently completed additional drill holes (assays pending).
Chivo was discovered in 2005 when IMPACT crews found high-grade veins in old mine workings (see IMPACT news release dated September 7, 2005). Samples from the veins assayed 1,095 g/t silver and 0.38 g/t gold across 1.25 meters TW in the workings and 2,640 g/t silver and 1.36 g/t gold across 0.85 meters on surface. Subsequent drill programs consisting of 21 holes returned highlights of 937 g/t silver, 0.35 g/t gold, 1.88% zinc and 0.75% lead across 2.7 meters TW (Drill hole Z-06-10) and 378 g/t silver, 0.30 g/t gold, 4.25% zinc and 1.76% lead across 4.7 meters TW (Drill hole Z07-03) (see IMPACT news releases dated October 12, 2006 and July 12, 2007). To date, 41 drill holes have been completed on the zone (assays pending for 15 holes) and additional drilling is planned to begin in May 2008.
Fred Davidson, President of IMPACT Silver, states, "Chivo continues to deliver wide zones of high grade mineralization with each step out in the drill grid. This drilling success is rapidly growing this zone and nearby zones to where we are now looking at the Chivo area as a second major mining hub in the district. With the huge land package we control and the exploration successes we are having throughout the area, we envision a future with multiple mining and processing centres spread over the entire district."
George Gorzynski, P. Eng. 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. Drill core was NTW size (5.71 cm diameter). Half core samples were collected with a rock saw and tagged for identification. Chip and channel samples were collected from cleaned rock faces in old mine workings and from bedrock outcrops 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 every 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 2 mm 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 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 a producing mill at Zacatecas.
On behalf of the Directors of IMPACT Silver Corp.
Frederick W. Davidson, President, CEO

IMPACT Silver Announces New Discovery at the Royal Mines of Zacualpan
Tuesday April 29, 2:45 pm ET

VANCOUVER, BRITISH COLUMBIA--(Marketwire - April 29, 2008) - IMPACT Silver Corp. ("IMPACT") (TSX VENTURE:IPT - News) is pleased to announce a new discovery, the Los Reyes Zone, within the Royal Mines of Zacualpan Silver District in Mexico. Recent drilling of this new discovery returned wide, mineralized drill intercepts within close proximity to the operating Chivo Silver Mine.LOS REYES ZONE
Discovered through the ongoing regional surface and underground sampling program at Zacualpan, the Los Reyes Zone is located 4.5 kilometers southeast of the Zacualpan processing plant and 600 meters east of the Chivo Silver Mine. It is a thick vein system that trends parallel to the silver-rich Chivo Vein. On surface, Los Reyes is marked by a series of old mine workings. Highlights from the eleven-hole drill program include the following:

--------------------------------------------------------------------------

--------------------------------------------------------------------------
TOP ESTIMATED
DRILL OF TRUE
HOLE INTERCEPT WIDTH ZINC LEAD SILVER GOLD
No. (m) (m) (%) (%) (g/t) (g/t)
--------------------------------------------------------------------------
SECTION 1N (Sections listed from south to north, drill holes listed from
west to east)
--------------------------------------------------------------------------
Z07-42 111.2 4.5 2.05 0.64 262 0.09
-------------------------------------------------------------
Including: 2.2 2.05 0.64 496 0.15
-------------------------------------------------------------
Including: 1.1 1.67 0.44 717 0.27
--------------------------------------------------------------------------
Z06-33 115.1 5.2 1.64 0.50 17 0.18
--------------------------------------------------------------------------
SECTION 2N
--------------------------------------------------------------------------
Z07-35 194.9 1.1 4.35 1.28 25 2.21
--------------------------------------------------------------------------
SECTION 3N
--------------------------------------------------------------------------
Z07-37 191.1 4.1 4.46 1.07 46 0.34
-------------------------------------------------------------
Including: 0.6 17.80 4.62 135 1.24
--------------------------------------------------------------------------
SECTION 4N
--------------------------------------------------------------------------
Z07-38 202.4 5.9 1.99 0.53 22 0.18
--------------------------------------------------------------------------

The other holes in this program intersected lower grades. The holes were drilled on a 35 x 50-meter grid over a length of 200 meters. The zone is open for expansion to the northwest, southeast and down dip.
Several splay veins branching off the main Los Reyes Vein returned significant assays from the drill program as follows:

--------------------------------------------------------------------------
LOS REYES DRILL HOLES (SPLAY VEINS)
--------------------------------------------------------------------------
TOP ESTIMATED
DRILL OF TRUE
HOLE INTERCEPT WIDTH ZINC LEAD SILVER GOLD
No. (m) (m) (%) (%) (g/t) (g/t)
--------------------------------------------------------------------------
SECTION 1N
--------------------------------------------------------------------------
Z07-42 26.7 1.0 0.35 0.14 260 0.07
-------------------------------------------------------------
and: 94.0 0.5 10.05 2.09 338 0.05
--------------------------------------------------------------------------
SECTION 3N
--------------------------------------------------------------------------
Z07-40 44.5 2.5 0.17 0.09 187 0.03
--------------------------------------------------------------------------

--------------------------------------------------------------------------
37 Splay1 147.6 1.5 2.51 2.41 52 0.19
--------------------------------------------------------------------------
SECTION 4N
--------------------------------------------------------------------------
Z07-38 90.4 1.0 4.35 1.05 139 0.07
--------------------------------------------------------------------------
Z07-39 99.5 1.2 4.48 2.14 57 0.06
--------------------------------------------------------------------------

With its close proximity to the operating Chivo Silver Mine, Los Reyes Zone could readily be accessed underground from existing mine workings. IMPACT's mine staff will evaluate the Los Reyes Zone for possible integration into the Chivo Mine plans.
George Gorzynski, P. Eng. 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. Drill core was NTW size (5.71 cm diameter) and BTW size (4.20 cm diameter). Half core samples were collected with a rock saw and tagged for identification. All samples were securely stored at the IMPACT base camp until shipment. A total of 5% assay standards and 5% blanks were inserted into every 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 2 mm 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 silver focused mining and exploration company operating in Mexico with a producing silver operation at Zacualpan, the 200-square-kilometer advanced Mamatla Silver District and an advanced project with a producing mill at Zacatecas. Energold Drilling Corp. (TSX VENTURE:EGD - News) who was the contractor for the drill program, owns 6.6 million shares of IMPACT.
On behalf of the Directors of IMPACT Silver Corp.,
Frederick W. Davidson, President, CEO

Schaut doch gut aus.
Stehen nun am Scheideweg. Wie weit können sie die oz erhöhen, ist die Frage.
Aber die ist gar nicht vorrangig, weil es so auch läuft.

IMPACT Silver Announces Record First Quarter Earnings and Silver Production
Monday May 26, 5:37 pm ET
VANCOUVER, BRITISH COLUMBIA--(Marketwire - May 26, 2008 - IMPACT Silver Corp. ("IMPACT") (TSX VENTURE:IPT - News) is pleased to announce record financial and operational results for the quarter ended March 31, 2008. The Company's consolidated financial statements include the results of Royal Mines of Zacualpan Project ("Zacualpan") in Mexico. Gross Revenues for the first quarter exceeded $2.6 Million and net income for the quarter was $845,000 ($0.02 per share). Mine operating earnings for the quarter were $1.3 million. IMPACT ended the quarter with cash and cash equivalents of $8.9 million.
----------------------------------------------------------------
Three Months Ended March 31 2008 2007 % Change
----------------------------------------------------------------
Revenue $2,687,000 $1,859,000 +44
----------------------------------------------------------------
Net Income $ 845,000 $ 267,000 +216
----------------------------------------------------------------
Earnings Per Share $ 0.02 $ 0.01
----------------------------------------------------------------

Quarterly silver production reached a record of 131,859 ounces, a 54% growth over the same quarter of last year. The Company also produced record quantities of lead, zinc and gold. The addition of high-grade silver production from the commencement of mining activities at the Chivo Mine at the end of the fourth quarter and the subsequent re-activation of operations at the San Ramon mine in the first quarter enabled IMPACT to substantially increase its head grade, margins and silver production. Despite higher hauling costs from the Chivo and San Ramon Mines, direct costs per tonne decreased to $50.63 from $50.97 a year ago. The much higher silver grades led to a higher contribution margin per tonne processed.

----------------------------------------------------------------
Three Months Ended March 31 2008 2007 % Change
----------------------------------------------------------------
Total tonnes (t) Produced 24,247 22,843 +6
----------------------------------------------------------------
Tonnes Produced per Day 266 253 +5
----------------------------------------------------------------
Silver Production (Oz) 131,859 85,606 +54
----------------------------------------------------------------
Lead (t) 162 136 +19
----------------------------------------------------------------
Zinc (t) 275 244 +13
----------------------------------------------------------------
Direct costs per tonne $ 50.63 $ 50.97 -1
----------------------------------------------------------------

Mine expansion at the new mines led to an increase in daily throughput at the Zacualpan mill of 266 tonnes per day. The Company continues with its aggressive plan to modernize operations and increase production.
Guadalupe Mine
As in 2007, the majority of the mill feed for the first quarter was from mining of lower grade material at the Guadalupe Mine. Planning is underway to improve track access to a new area: the Kena-Dolores zone. It and a number of smaller veins could be providing feed late this year. Material from the Guadalupe Mine remains the lowest cost producer for the mines supplying the mill because of its close proximity.
San Ramon Mine
The Company recommenced mining at the San Ramon during the first quarter of 2008 on a selective basis after redesigning the mining plan.
Chivo
During the quarter, the Company continued to drift along the vein while opening up two stopes for mining. The Chivo Vein itself has higher grades of lead and zinc towards the north and more silver towards the south. Material presently mined from Chivo is predominantly from the silver-rich southern portion as well as development muck; however, as larger production stopes are opened up, the lower grade ore from development will represent a smaller percentage from Chivo and average grades will rise. Mineral from Chivo continues to be the principal reason that silver production reached a record for the quarter. A second adit approximately 60 meters vertically lower on the structure is currently being planned.
Exploration drilling results from Chivo and the Kena-Dolores zone of the Guadalupe Mine strongly indicate at least two zones of future development, which have the potential to substantially increase mined tonnages and grades allowing the Company to reach its production target of 500 tonnes per day within a year and, as importantly, be able to maintain it in the future.
IMPACT Silver Corp. is a silver focused mining and exploration company operating in Mexico with a producing silver operation at Zacualpan, the 200-square-kilometer advanced Mamatla Silver District and an advanced project with a producing mill at Zacatecas. Energold Drilling Corp. (TSX VENTURE:EGD - News) who was the contractor for the drill program, owns 6.6 million shares of IMPACT.
On behalf of the Directors of IMPACT Silver Corp.
Frederick W. Davidson, President, CEO

Eigentlich nur gute Nachrichten und das Ding fällt wie ein Stein.

Sie verdienen etwas, haben aber null was im43-er Status. Zur Zeit.
Brauchen sie auch nicht unbedingt.

IMPACT Announces Sale of San Sabino Concession in Zacatecas
Thursday July 3, 2:25 pm ET
VANCOUVER, BRITISH COLUMBIA--(Marketwire - July 3, 2008) - IMPACT Silver Corp. ("IMPACT") (TSX VENTURE:IPT - News) announces that it has sold its 35% interest in the San Sabino concession in Zacatecas to Apex Silver Mines Limited ("Apex") for US$325,000 plus a retained 1% Net Smelter Return Royalty purchasable by Apex for US$1 million. San Sabino was not considered to be a core holding for IMPACT. IMPACT will retain a future benefit in the concession through its retained NSR royalty interest.[Blockierte Grafik: http://us.bc.yahoo.com/b?P=gx3a3USOxCZXek8fR5zzRwPqTmgNq0h_kN4ACyR5&T=1eg3bs4fp%2fX%3d1216319710%2fE%3d13598642%2fR%3dfin%2fK%3d5%2fV%3d2.1%2fW%3dH%2fY%3dYAHOO%2fF%3d3142313597%2fH%3dY29icmFuZD0iPGEgaHJlZj1odHRwOi8vdXMucmQueWFob28uY29tL2ZpbmFuY2UvbmV3cy9pdy9TSUc9MTBzYWc0cm91LypodHRwOi8vd3d3Lm1hcmtldHdpcmUuY29tLz48aW1nIGJvcmRlcj0wIHNyYz1odHRwOi8vdXMuaTEueWltZy5jb20vdXMueWltZy5jb20vaS91cy9maS9nci9tYXJrZXR3aXJlX2xvZ29fMTcweDMzLmpwZyBhbHQ9Q0NOTWF0dGhld3M.PC9hPiIgY2FjaGVoaW50PSIxMzU5ODY0MiIgY2FjaGVoaW50PSIxMzU5ODY0MiI-%2fQ%3d-1%2fS%3d1%2fJ%3dB9C28E44&U=13ff4dek9%2fN%3dJ_TxAdG_fyA-%2fC%3d654460.12527545.13079114.8049246%2fD%3dLREC%2fB%3d5310619%2fV%3d1]

The San Sabino concession is located in the northwest part of the Zacatecas District. IMPACT optioned the concession to Yale Resources (see IMPACT news release dated October 18, 2006) and earlier this year Yale completed its earn in of 65%. IMPACT holds 16 other concessions in the Zacatecas Silver District and has an option to purchase a producing 200 tonne per day processing plant in the middle of the district.
IMPACT Silver Corp. is a silver focused mining and exploration company operating in Mexico with a producing silver operation at the 125 square kilometer Royal Mines of Zacualpan, the 200 square kilometer advanced Mamatla Silver District and a portfolio of projects with a producing mill at Zacatecas. Energold Drilling Corp. (TSX VENTURE:EGD - News) who is the contractor for the ongoing drill program, owns 6.6 million shares of IMPACT.
On behalf of the Directors of IMPACT Silver Corp.
Frederick W. Davidson, President, CEO

Aus Minesite: July 16, 2008

Impact Silver Steadily Builds Up Its Production Profile In Mexico

By Charles Wyatt

Good to know that an increasing number of Canadian juniors are coming to realise that London is the market for those at, or near, production. Obviously the mood is depressed over here, as nobody escapes a global bear market. But it’s nowhere near as depressed as it is in Canada, where the neighbours just to the south are the ones who precipitated the current credit squeeze in the first place. Anyway, out of the blue Impact Silver made contact, and the upshot from Minesite’s perspective is that Impact has an interesting story to tell of two projects in Mexico, one of which is a producer. The producer is in the Zacualpan project near Mexico City; the other is advanced exploration in the Zacatecas district. Both lie on the prolific Mexican epithermal vein system which runs roughly northwest-southeast down the centre of the country. Both are near other successful silver mines.
Silver mining on the prolific vein systems in the Zacualpan district dates back to Spanish times. There are still many untested targets, but it’s worth noting that 32 million ounces of gold equivalent have been produced between 1975 and 2007. As the old prospector said, “if you want to find a new deposit go and look close to an old mine”. Impact Silver took this maxim even further when it acquired the Royal Mines of Zacualpan in January 2006. The total project included two operating silver mines, a 500 tonne per day operating plant lease, and associated mineral concessions covering 124.5 square kilometres. At the time the Guadalupe mine, in the centre of the district, and the high grade Compadres mine, in the south-eastern part, were producing a combined 200 tonnes of ore a day which was being transported back to the central processing plant. And this whole package only cost Impact Silver 300,000 shares and US$1.8 million.
Impact planned to continue production while updating the plant and this it has done successfully, to judge by the March quarterly figures which show that although the daily tonnage from the two mines increased by only six per cent to 266 tonnes, actual silver production rose by 54 per cent to 131,859 ounces. Lead and zinc production also rose, to 162 tonnes and 275 tonnes respectively. These are useful credits and the figures should rise significantly following the purchase of a second hand mill in January. This semi-portable mill has a capacity of 200 tonnes per day and is being dismantled and transported to Zacualpan. The current mill has a capacity of 500 tonnes per day, so this will take the milling side of things up to 700 tonnes per day, and the emphasis now has to be on increasing output from the mines.
Just as well, then, that Impact Silver discovered the Chivo Shoot in the south of the region. This is a high grade zone into which eight holes have been drilled, with intersections as high as 378 grammes per tonne silver over 4.5 metres from a depth of 84.1 metres. This included 1.3 metres at 1,305 grammes per tonne. Recent surface drilling has defined the mineral inventory and potential of the Chivo Shoot. It remains open in all directions, so there is plenty more to come, with a number of targets awaiting drilling. Underground access is via a 92 metre long crosscut adit, and mining has now been ramped up to 150 tonnes per day. As chief executive Fred Davison points out, “our plan is to have several plants treating ore from mines in different parts of Zacualpan simultaneously. Our technical team has already demonstrated that they can bring new discoveries through drilling, engineering and into production in under 24 months.”
More recently the Los Reyes zone has been discovered next to the Chivo mine and Fred is also excited about the potential of the Mamatla district, which lies next door to Zacualpan to the southwest. The northeast quadrant of Mamatla hosts epithermal gold and silver veins, while the southeast quadrant has volcanic massive sulphide systems as well as the same sort of veins. Impact is exploring veins which were hardly touched in the past when Valerie Gold and TVX spent US$10 million having a good look round in the 1990s. Fred tends not to waste time, so a number of targets have already been identified and two prospects are of particular interest – Aurora 1 and Capire – as an auction bid document recently released by the Mexican Geological Survey gave some very encouraging resource estimates, though they were not to NI 43-101 specifications.

Impact Silver has control over Zacualpan and Mamatla. In Zacatecas district its influence is growing apace. This is one of the foremost silver districts in the world, boasting historic production of around 11.2 billion ounces of silver. The company already has an option to take its stake in a 200 tonnes per day mill in Veta Grande up from 25 per cent to 100 per cent. This mill is currently toll treating production from other mines, but every effort is being made to obtain early production from Impact’s mineral concessions, four of which Yale Resources is earning an 80 per cent interest in. Impact recently announced that it had sold its 35 per cent interest in the San Sabino concession to Apex Silver for US$325,000 and retained a one per cent net smelter royalty which Apex can buy for a further US$1 million.
In these times of financial stress Impact soldiers on with positive cash flow and over C$8 million in the kitty. This is why it can afford to buy plant when it becomes available, and also carry out aggressive exploration programmes. This year it plans to ramp up production at Zacualpan to 500 tonnes per day, keep cash costs of production down to US$6.50 per ounce of silver; and produce an initial resource estimate at Mamatla. Fred Davison is running a sound, flexible, operation which should be an example to other juniors as to how to manage limited financial resources to maximum effect. Well worth keeping an eye on future progress.

Tom Szabo vom 1.8. zu IPT.V:

Another one that falls into the category of "PM stocks for widows and orphans" is the recently unbeloved Impact Silver. Impact is about the only junior (or major for that matter) miner that has operated at a profit since they have gone into production. The stock is a victim of lemming behavior that apparently resulted from a famous newsletter indiscriminately dropping Impact from its recommended portfolio. Their loss is your gain. For pennies on the dollar, you can have a profitable 1+ million ounce (soon) silver producer with management so keen they can probably make money mining silver even if its price dropped to a penny per ounce. The company is cashed up but still smart enough to sell non-core assets in this market (see here). That is the kind of position most other juniors would kill to be in (are you seeing a theme developing? )

IMPACT Drills 1,118 g/t Silver Across 1.4 Meters at the Chivo Mine
Wednesday August 6, 3:03 pm ET
VANCOUVER, BRITISH COLUMBIA--(Marketwire - Aug. 6, 2008) - IMPACT Silver Corp. ("IMPACT" or "the Company") (TSX VENTURE:IPT - News) is pleased to announce that drilling on northern extensions of the Chivo Zone has intersected high grade silver at the Royal Mines of Zacualpan Silver Project in Mexico. Highlights from the new holes drilled on the northern extension of the Chivo Zone are as follows:
--------------------------------------------------------------------------
CHIVO DRILL HOLES (MAIN VEIN - NORTH EXTENSION)
--------------------------------------------------------------------------

DRILL TOP OF ESTIMATED SILVER GOLD ZINC LEAD
HOLE No. INTERCEPT (m) TRUE WIDTH (m) (g/t) (g/t) (%) (%)
--------------------------------------------------------------------------
SECTION 1140N
--------------------------------------------------------------------------
Z08-02 117.7 1.6 166 0.06 0.49 0.20
--------------------------------------------------------------------------
Z08-04 170.4 0.9 268 0.20 22.03 7.20
--------------------------------------------------------------------------
SECTION 1190N
--------------------------------------------------------------------------
Z08-07 194.2 1.4 1,118 0.59 5.45 1.50
-----------------------------------------------------------
Including: 0.7 1,745 0.91 1.57 0.36
--------------------------------------------------------------------------

These drill holes were undertaken to define the northern limits of the high grade Chivo mineralization as well as down dip extensions. The holes successfully tested the Chivo Zone a further 50 meters and 100 meters north of previously reported drilling. The mineralization begins at depth in this part of the Chivo Zone and three holes drilled at shallower levels did not intersect economic mineralization. Like the sections reported earlier, the deepest holes on these sections reported the widest and highest grade intersections, leaving the zone open for expansion to depth and to the north. The Chivo Mine achieved commercial production in early 2008 based on successful exploration over the past two years.
George Gorzynski, P. Eng., 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. Drill core was NTW size (5.71 cm diameter). Half core samples were collected with a rock saw and tagged for identification. All samples were securely stored at the Company's base camp until shipment. A total of 5% assay standards and 5% blanks were inserted into every 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 2 mm 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

IMPACT Silver Announces Second Quarter Earnings
Thursday August 21, 6:54 pm ET
VANCOUVER, BRITISH COLUMBIA--(Marketwire - Aug. 21, 2008 - IMPACT Silver Corp. ("IMPACT" or "the Company") (TSX VENTURE:IPT - News) is pleased to announce its financial and operational results for the quarter ended June 30, 2008, which include the results of the Royal Mines of Zacualpan Project in Mexico. Gross Revenues for the second quarter exceeded $1.75 million and net income for the quarter was $305,000 ($0.01 per share). Year-to-date cash flow from operations is $1,749,000, up $1,705,000 from $44,000 in 2007.
--------------------------------------------------------------------
Three Months Ended June 30 2008 2007 % Change
--------------------------------------------------------------------
Revenue $ 1,756,000 $ 1,677,000 +4.7%
--------------------------------------------------------------------
Net Income $ 305,000 ($48,000) +735%
--------------------------------------------------------------------
Earnings Per Share $ 0.01 ($0.01)
--------------------------------------------------------------------

After spending $1.4 million on infrastructure as well as $2.4 million on exploration during the first six months of the year, IMPACT had net working capital of $9.6 million, including cash and cash equivalents of $8.3 million. IMPACT's working capital position is expected to remain strong through the year as cash flow from mining operations should be sufficient to fund the significant portion of the Company's 2008 ongoing exploration and development expenditures.
Exploration drilling results from Chivo and the Guadalupe Mine strongly indicate the potential to substantially increase mined tonnages, which should allow the Company to reach a production rate of 500 tonnes per day at the existing mill in early 2009.
As a result of a continuing increase of silver grade percentage, quarterly silver production reached 120,660 ounces, a 63% growth over the same quarter of last year. Weather in central and southern Mexico was abnormally wet in June, creating logistics problems as a number of roads were flooded. Milling operations were curtailed in June for an extended period due to power disruptions, thus negatively affecting our second quarter results. Average mill throughput during the quarter was 265 tonnes per day, down 5% from 279 tonnes per day during the same quarter in 2007. IMPACT took advantage of the downtime to make significant upgrades to the processing plant. Mine operating cost per tonne for the quarter was $43.84, only up 1% from $43.38 in the second quarter of 2007, mainly reflecting increased costs associated with expansion of operations at the new Chivo Mine.

--------------------------------------------------------------------
Three Months Ended June 30 2008 2007 % Change
--------------------------------------------------------------------
Total tonnes produced 24,090 25,451 -5%
--------------------------------------------------------------------
Tonnes produced per day 265 279 -5%
--------------------------------------------------------------------
Silver production (ounces) 120,660 73,890 +63%
--------------------------------------------------------------------
Lead production (pounds) 290,000 347,000 -16%
--------------------------------------------------------------------
Zinc production (pounds) 367,000 537,000 -32%
--------------------------------------------------------------------
Revenue per tonne $ 72.90 $ 65.81 +11%
--------------------------------------------------------------------
Direct costs per tonne $ 43.84 $ 43.38 +1%
--------------------------------------------------------------------

Chivo Mine
Through the first half of 2008, Chivo provided 50% of the ore and the majority of the high silver grade feed. The Company continued to drift along the vein while opening up two stopes for mining. A second adit approximately 60 meters vertically lower on the structure has been started and is expected to reach the main vein in the fourth quarter of 2008. Upon completion, the second adit will provide additional development feed to the mill.
Guadalupe and Gallega Mines
Approximately 47% (2007 - 100%) of the mill feed for the first half was from mining of medium grade mineral at the Guadalupe and nearby Gallega Mines. As a result of intensive underground exploration over the last six months, the Guadalupe Mine is now undergoing redevelopment with rebuilding of track access to new planned production areas in the Kena-Dolores Zone and a number of nearby veins that could be providing feed late this year.
Processing Plant
At the processing plant, the ongoing program of upgrades designed to enhance recoveries and improve throughput is continuing. One of the secondary crushers was replaced by a new more efficient crusher to improve the overall throughput of the crushing circuit. Further plans include the expansion of the flotation circuit capacity, increasing the thickener capacity and rebuilding the zinc concentrate dryer in order to reduce moisture in concentrates. Construction has commenced on a $1.0 million expansion and upgrade of the tailings dam.
IMPACT will be reviewing its 2008 Second Quarter results via the Internet at 4:00 pm ET, 1:00 pm PT, Monday, August 25, 2008. The webcast (audio only) can be accessed at: http://events.onlinebroadcasting.com/impact/082508/index.php and will feature management discussing the Company's financial and operational results followed by a question and answer period. Investors are encouraged to forward any questions they may have to inquiries@impactsilver.com.
IMPACT Silver Corp. is a silver focused mining and exploration company operating in Mexico with a producing silver operation at Zacualpan, the 200-square-kilometer advanced Mamatla Silver District and an advanced project with an option on a producing mill at Zacatecas. Energold Drilling Corp. (TSX VENTURE:EGD - News), who was the contractor for the drill program, owns 6.6 million shares of IMPACT.
On behalf of the Directors of IMPACT Silver Corp.,
Frederick W. Davidson, President, CEO

STARK! Man beachte die Nähe zu den vorhandenen Projekten!

Grüße vom Meer

Tschonko

IMPACT Silver Acquires New Concessions Increasing Mineral Holdings by 45%
Thursday August 28, 2:51 pm ET

VANCOUVER, BRITISH COLUMBIA--(Marketwire - Aug. 28, 2008 - IMPACT Silver Corp. ("IMPACT" or "the Company") (TSX VENTURE:IPT - News) 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 Penoles.
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

http://www.impactsilver.com/s/…arterly-Silver-Production

Mon Nov 24, 2008
Impact Silver Announces Record Quarterly Silver Production
IMPACT Silver Corp. ("the Company" or "IMPACT") is pleased to announce record quarterly silver production of 169,273 ounces, up 98% from 85,610 ounces in 2007. Gross revenues for the third quarter were $2,244,000, up 40% from $1,604,000 in the third quarter of 2007. Higher revenues due to increased silver, lead and zinc production helped offset lower realized silver, lead and zinc prices resulting in a small net loss of $233,000 for the quarter.

During the quarter, a dramatic change in commodity prices affected the industry. Due to the Company's work over the last two years, the Royal Mines of Zacualpan has the flexibility to address lower prices by shifting production to higher grade areas. While the third quarter results reflect the declining price of metals, the rescheduling of production did not occur until the fourth quarter. In order to maintain profitability, some of the scheduled increase in throughput has been delayed to avoid processing non-economic material at this time. Fred Davidson, President and Chief Executive Officer of IMPACT, stated, "We are uniquely positioned with cash reserves and positive cash flow from operations even at these lower metal prices to continue the exploration and development of the Company's numerous projects over the next year."

Cash flows from operations for the quarter increased to $332,000, up from $324,000 in 2007. Cash flows from operations for the nine-month period increased to $2,403,000, up from $377,000 from in 2007. Average mill throughput during the quarter was 302 tpd, up 2% from 296 tpd during the same quarter in 2007.

Nine Months Ended September 30

Tabelle unlesbar
siehe link

After investing $1.4 million in plant and equipment, as well as $4.1 million on resource properties and exploration at the end of the nine months, the Company had cash and cash equivalents of $7.1 million and net working capital of $8.4 million. The Company's working capital position is expected to remain strong through the 2008 year as cash flow from mining operations should be sufficient to fund the majority of the Company's 2008 resource property cost exploration expenditures.

Mine operating cost per tonne for the quarter was $59.27, up from $38.34 in the third quarter of 2007. Mine operating earnings for the quarter were $201,000, down 44% from $358,000 in the third quarter of 2007. Mine operating costs were significantly higher as lower cost bulk mining was used in 2007 to recover higher grade zinc and lead ore from the Guadalupe mine to take advantage of higher prices prevailing for these metals in 2007. In 2008, production shifted to the recovery of higher grade silver ore from the Chivo mine, which is now being accessed through the new mine adits that are being developed. Ore recovered from this mine incurs higher trucking, mining and amortization costs than ore recovered from the old Guadalupe mine which is immediately adjacent to the mill.

Production for the nine months ended September 30:

Tabelle unlesbar
siehe link

Chivo Mine
During the first nine months of 2008, Chivo provided 56% of the ore and the majority of the high silver grade feed. Ore from Chivo is the principal reason that silver production increased in the first nine months of 2008. A second adit approximately 60 meters vertically lower on the structure has been started and is expected to reach the main vein in the fourth quarter of 2008. At that point, Chivo will provide additional high grade development muck to the mill.

Guadalupe and Gallega Mines
Approximately 42% (2007 -- 100%) of the mill feed for the first nine months was from mining of medium grade mineral at the Guadalupe and nearby Gallega Mines. As a result of intensive underground exploration over the last nine months, the Guadalupe Mine is now undergoing redevelopment with rebuilding of track access to new planned production areas in the Kena-Dolores Zone and a number of nearby veins that are providing limited feed to the mill. Subsequent to the end of the third quarter production was reduced at both mines and efforts directed to mine development of higher grade structures.

Exploration
During the quarter IMPACT announced more high grade drill results that continued to expand the mineral zone at the Chivo Mine to over 300m in strike length and still open for expansion. These results included drill intercepts on the south extension of the Chivo Mine zone, including 3,902 g/t silver, 3.96% zinc, 2.16% lead over 1.9 meters true width ("TW") and on the north extension, including 1,118g/t silver, 5.45% zinc, 1.5% lead over 1.4 meters TW. Subsequent to quarter end, IMPACT announced the commencement of a 5,000 meter drill program to test numerous gold-copper and silver targets in the Noche Buena-Carlos Pacheco Mining Camp on the west side of the Royal Mines of Zacualpan District. During the quarter, IMPACT also announced the acquisition of several new concessions more than doubling the Company's mineral concession holdings in the Royal Mines of Zacualpan District from 125 square kilometers to 272 square kilometers.

IMPACT Silver Corp. is a silver focused mining and exploration company operating in Mexico with a producing silver operation at the Royal Mines of Zacualpan, the 200km2 advanced Mamatla Silver District and a portfolio of projects with a producing mill at Zacatecas.

On behalf of the Directors of IMPACT Silver Corp.,

"Frederick W. Davidson"
President, CEO