VANCOUVER, BRITISH COLUMBIA -- (Marketwire) -- 01/28/13 -- IMPACT Silver Corp. ("IMPACT" or "the Company") (TSX VENTURE: IPT) announces results from the second phase drill program on the recently discovered Mirasol Prospect, located 5.5 kilometers southeast of IMPACT'S 500-tonne-per-day (tpd) Guadalupe processing plant at the Royal Mines of Zacualpan Silver-Gold District in central Mexico. Higher grade silver values are now being encountered, as well as the discovery of several new veins. A highlight from this program includes drill hole Z12-79, which encountered seven distinct veins, all of which are now contributing potentially economic silver intersections. For the first time since the Company began its exploration drilling in 2006, the top of a new silver bearing vein has been discovered in the district with the expectation that the entire mineralized system is preserved at depth.
IMPACT announced intersections of 8.94 meters of 183 g/t silver and 12.25 meters of 112 g/t silver from the first phase drill program at Mirasol (see news release dated November 26, 2012). This second phase drill program has continued to expand mineralization of the Mirasol Central Zone along strike and at depth. Summarized below are the significant intersections from this second phase of drilling:
Mirasol Central Drilling Area Significant Intersections - Second Phase Drill Program
TRUEHOLE DRILL FROM TO INTERVAL WIDTHNUMBER SECTION VEIN NAME meters meters meters meters----------------------------------------------------------------------------Z12-79 L04+00 S Mirasol Arriba 4 111.22 113.36 2.14 2.13and L04+00 S Mirasol Arriba 3 127.25 128.40 1.15 1.14and L04+00 S Mirasol Arriba 2 157.15 158.60 1.45 1.45and L04+00 S Mirasol Arriba 1 162.60 164.48 1.88 1.88and L04+00 S Mirasol 170.00 173.00 3.00 3.00and L04+00 S El Deshuesadero 193.44 194.18 0.74 0.63including L04+00 S El Deshuesadero 193.74 194.18 0.44 0.40and L04+00 S El Deshuesadero Abajo 1 201.18 203.72 2.54 2.34----------------------------------------------------------------------------Z12-80 L02+50 S El Deshuesadero 83.45 85.15 1.70 1.55and L02+50 S Mirasol 90.80 91.30 0.50 0.49----------------------------------------------------------------------------Z12-81 L02+50 S Mirasol 101.00 108.00 7.00 6.98and L02+50 S El Deshuesadero 122.00 122.52 0.52 0.47and L02+50 S El Deshuesadero Abajo 1 132.13 133.00 0.87 0.78----------------------------------------------------------------------------Z12-82 L04+00 S Valentina 85.40 90.00 4.60 2.01and L04+00 S El Cabus 103.10 103.90 0.80 0.47and L04+00 S Mirasol Ariiba 3 150.70 151.68 0.98 0.97and L04+00 S Mirasol 188.75 190.55 1.80 1.79including L04+00 S Mirasol 189.90 190.55 0.65 0.64----------------------------------------------------------------------------Z12-83 L04+00 S Mirasol 200.65 203.00 2.35 2.35and L04+00 S Mirasol A 205.00 208.00 3.00 2.97and L04+00 S New Vein 358.40 358.60 0.20 0.18----------------------------------------------------------------------------Z12-84 L04+00 S Mirasol 214.65 216.0 1.35 1.33and L04+00 S Mirasol A 219.20 219.80 0.60 0.54----------------------------------------------------------------------------Z12-85 L04+50 S Mirasol Arriba 3 114.65 116.00 1.35 1.11including L04+50 S Mirasol Arriba 3 114.65 115.65 1.00 0.95and L04+50 S Mirasol 147.15 148.26 1.11 1.11including L04+50 S Mirasol 147.6 148.26 0.66 0.66and L04+50 S El Deshuesadero 178.70 179.65 0.95 0.81including L04+50 S El Deshuesadero 179.30 179.65 0.35 0.31----------------------------------------------------------------------------Z12-86 L04+50 S Mirasol 176.56 177.60 1.04 1.04and L04+50 S El Deshuesadero 217.25 220.70 3.45 3.20including L04+50 S El Deshuesadero 218.60 219.00 0.40 0.38and L04+50 S El Deshuesadero Abajo 1 230.25 231.10 0.85 0.75----------------------------------------------------------------------------HOLE DRILL SILVER GOLD LEAD ZINCNUMBER SECTION VEIN NAME g/t g/t % %----------------------------------------------------------------------------Z12-79 L04+00 S Mirasol Arriba 4 119.0 0.014 0.07 0.18and L04+00 S Mirasol Arriba 3 399.9 0.034 0.13 0.08and L04+00 S Mirasol Arriba 2 143.0 0.024 0.03 0.10and L04+00 S Mirasol Arriba 1 529.3 0.283 0.37 1.31and L04+00 S Mirasol 138.8 0.124 0.14 0.40and L04+00 S El Deshuesadero 787.8 0.181 0.45 0.58including L04+00 S El Deshuesadero 1,310.0 0.290 0.73 0.92and L04+00 S El Deshuesadero Abajo 1 109.2 0.039 0.25 0.90----------------------------------------------------------------------------Z12-80 L02+50 S El Deshuesadero 931.0 0.300 1.03 2.10and L02+50 S Mirasol 237.0 0.040 0.11 0.22----------------------------------------------------------------------------Z12-81 L02+50 S Mirasol 129.8 0.043 0.09 0.18and L02+50 S El Deshuesadero 433.0 0.070 0.39 1.14and L02+50 S El Deshuesadero Abajo 1 100.0 0.210 0.26 0.98----------------------------------------------------------------------------Z12-82 L04+00 S Valentina 133.4 0.022 0.08 0.15and L04+00 S El Cabus 573.0 0.070 0.31 0.12and L04+00 S Mirasol Ariiba 3 227.0 0.010 0.12 0.07and L04+00 S Mirasol 945.6 0.893 1.51 3.43including L04+00 S Mirasol 2,270.0 2.420 4.15 9.42----------------------------------------------------------------------------Z12-83 L04+00 S Mirasol 156.9 0.359 0.60 1.13and L04+00 S Mirasol A 193.5 0.096 0.12 0.01and L04+00 S New Vein 223.0 0.010 0.06 0.02----------------------------------------------------------------------------Z12-84 L04+00 S Mirasol 312.2 0.856 5.30 3.83and L04+00 S Mirasol A 123.0 0.660 0.50 0.25----------------------------------------------------------------------------Z12-85 L04+50 S Mirasol Arriba 3 792.3 0.143 0.48 0.16including L04+50 S Mirasol Arriba 3 1,090.0 0.2 0.66 0.18and L04+50 S Mirasol 1,064.2 0.187 0.46 2.05including L04+50 S Mirasol 1,560.0 0.28 0.65 3.04and L04+50 S El Deshuesadero 663.3 0.043 0.50 0.70including L04+50 S El Deshuesadero 1,520.0 0.1 1.18 1.73----------------------------------------------------------------------------Z12-86 L04+50 S Mirasol 337.4 0.023 0.15 0.76and L04+50 S El Deshuesadero 288.7 0.090 0.14 0.51including L04+50 S El Deshuesadero 1,000.0 0.290 0.35 1.03and L04+50 S El Deshuesadero Abajo 1 137.0 0.030 0.06 0.19----------------------------------------------------------------------------
