2012 was a very successful year of exploration and mine development for IMPACT. The construction of the Capire Mine and pilot plant is nearing completion. The construction and permitting of the new high grade Cuchara-Oscar Mine is also nearing completion and is anticipated to increase silver production at the Guadalupe Processing Plant. Exploration field work and drilling in 2012 was successful in discovering significant zones of silver mineralization at Condesa and Mirasol, both of which will continue to be drilled in 2013 to build mineral inventories for mining.
New silver targets as well as a number of new gold-copper targets are also being prepared for drilling in 2013. IMPACT's exceptional discovery and mine development rate of four new mines in the last six years is attributed to its highly skilled technical team and a systematic approach to exploration and mine development.
Brian V. Hall, P.Geo., Chief Geologist is responsible for the technical information on the Zacualpan area and Wojtek Jakubowski, P.Geo., Senior Geologist, is responsible for the technical information on the Capire area. Both are Qualified Persons under the meaning of Canadian National Instrument 43-101. The Capire mineral resource estimates in this news release were taken from a technical report (posted on www.sedar.com) by Claus G. Wiese, P.Eng., I-Cubed LLC, an independent professional engineer.
IMPACT Silver Corp. is a precious metal mining and exploration company operating in central Mexico, with a producing silver operation at the 423-square-kilometer Royal Mines of Zacualpan Silver-Gold District which includes the Cuchara-Oscar Mine Construction Project, the adjoining 200-square-kilometer Mamatla VMS District which includes the Capire Mine Construction Project and a 16.5% shareholding in Defiance Silver Corp. who are advancing the Company's 200 tpd mill and mineral concessions in the Zacatecas Silver District. Additional information can be found on the Company website at www.IMPACTSilver.com.
On behalf of IMPACT Silver Corp.,
Frederick W. Davidson, President & CEO
This IMPACT News Release may contain certain "forward-looking" statements and information relating to IMPACT that is based on the beliefs of IMPACT management, as well as assumptions made by and information currently available to IMPACT management. Such statements reflect the current risks, uncertainties and assumptions related to certain factors including but not limited to, without limitations, exploration and development risks, expenditure and financing requirements, title matters, operating hazards, metal prices, political and economic factors, competitive factors, general economic conditions, relationships with vendors and strategic partners, governmental regulation and supervision, seasonality, technological change, industry practices, and one-time events. Should any one or more risks or uncertainties materialize or change, or should any underlying assumptions prove incorrect, actual results and forward-looking statements may vary materially from those described herein. IMPACT does not assume the obligation to update any forward-looking statement.
Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.
IMPACT Silver Corp.
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