News Column

A Banner Year for IMPACT Silver Corp.'s Exploration in 2012

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The increased success in 2012 was driven by five GIS (Geographic Information System) specialists who added a considerable amount of information to the ArcGIS database, advancing it from a simple viewing platform into the field of data analysis. Numerous new protocols for analyzing data in this database have now been developed by IMPACT, allowing the exploration department to prioritize areas of highest mineral potential. A visual representation of IMPACT's mines in production, processing plants and drilled prospects is available on the Company website at www.IMPACTSilver.com under the "Projects Overview" page.

Summarized below are the results of the drilling for 2012 by project area.

Cuchara-Oscar Mine Area

The Cuchara-Oscar Vein Corridor ("Cuchara") is another IMPACT exploration success story taken from initial field exploration through drilling to mine construction and final permitting. Cuchara is located 2.5 kilometers east of IMPACT's Guadalupe Processing Plant. One of the main vein systems in the vicinity of the historic Cuchara Mine is the Oscar Vein Corridor, which links a series of high-grade silver veins from the Oscar Silver area to the new Santa Lucia Silver Zone for a drill defined strike length of 1,200 meters. Mapping in the Cuchara North Silver area indicates an additional 510 meters of strike length to Oscar Vein Corridor at the north end that will be drilled in the future.

In 2012 IMPACT announced final Phase 2 drill results from Oscar as follows:

Oscar Silver Area - Second Phase Drill Results (2012)                        From      To  Interval  Silver   Gold   Lead   ZincDrill Hole   Section  meters  meters    meters    (g/t)  (g/t)    (%)    (%)---------------------------------------------------------------------------Z11-55        19+50N   21.80   22.85      1.05     435   0.01   0.15   0.24---------------------------------------------------------------------------Z11-61        19+50N  256.20  257.16      0.96     216   1.71  11.03  19.73---------------------------------------------------------------------------Z11-64        20+00N   36.60   43.20      6.60     223   0.08   0.18   0.52---------------------------------------------------------------------------Including              36.60   37.40      0.80   1,270   0.23   0.86   1.66and                   137.25  138.25      1.00     468   0.13   1.67   1.28---------------------------------------------------------------------------Z11-69        20+00N    0.70    3.35      2.65     408   0.62   0.73   1.12and                    71.05   72.10      1.05     536   0.17   1.67   3.20---------------------------------------------------------------------------Z11-71        20+00N   97.60   98.60      1.00     234   0.74  11.25  13.55---------------------------------------------------------------------------Z11-74        20+50N   21.35   22.35      1.00   1,875   0.74   2.65   6.88and                    90.00   91.24      1.24     835   0.12   1.28   1.78---------------------------------------------------------------------------Z11-76        20+50N   42.53   56.45     13.92      80   0.98   1.03   1.44including              42.53   44.24      1.71     220   0.41   1.76   1.57including              46.79   48.29      1.50     299   0.35   3.22   5.72including              53.96   56.45      2.49      71   4.79   1.84   1.66---------------------------------------------------------------------------Z11-78        20+50N  102.15  103.70      1.55     250   0.02   0.01   0.03---------------------------------------------------------------------------Z12-05        17+00N   92.50   97.60      5.10     234   0.05   0.14   0.49including              95.55   96.55      1.00     444   0.12   0.26   0.92---------------------------------------------------------------------------Z12-06        18+00N   86.25   87.15      0.90     564   0.01   0.16   1.22---------------------------------------------------------------------------Z12-08        19+00N   22.36   45.75     23.39     115   0.02   0.12   0.36including              22.36   23.85      1.49     510   0.06   0.36   1.27including              44.50   45.75      1.25     297   0.08   0.36   0.87---------------------------------------------------------------------------Z12-09        19+00N  118.15  121.15      3.00     272   0.20   0.90   2.44---------------------------------------------------------------------------Z12-12        18+50N  153.45  153.95      0.50     346   0.03  0.242   0.88---------------------------------------------------------------------------

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