Powerpoint
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"PLEASE CLICK BELOW ON A MINING CAMP"
IMPACT's 500 tpd processing plant is centrally located in the Guadalupe Production Camp. All mine feed from the Company's projects are transported here for processing. Upon acquisition in 2006, IMPACT ear-marked sufficient funds and man-power to undertake an aggressive two-year plan to modernize operations which included: a new secondary crusher to improve overall throughput of the crushing circuit; expansion of the flotation circuit and thickener capacity; rehabilitation of the zinc concentrate dryer to reduce moisture and general upgrades to the plant to improve efficiencies and processing costs and Work on expanding the tailings facility and enhancing the current dam is planned for completion throughout 2010.
MINE PRODUCTION
Production comes from four operating mines, Chivo (La Virgen Valley), San Ramon (La Virgen Valley) and Guadalupe and Gallega (Salvadora) which feed a central processing plant rated at 500 tpd. In 2009, the plant operated at around 313 tpd and currently operates at 343 tpd (June 30th 2010). Gallega is located 500m from the mill and Guadalupe Mine is located within a 100m from the mill.
Please see below for a summary of the Company's production performance.
Year Ended |
6 Months Ended June 30th
2010 |
Dec 31st
2009 |
Dec 31st
2008 |
Dec 31st
2007 |
Change |
| Silver Production (oz) |
360,767 |
823,571 |
645,668 |
348,949 |
+82% |
| Lead (t) |
380 |
969 |
813 |
601 |
+35% |
| Zinc (t) |
521 |
1,098 |
1,053 |
976 |
+8% |
| Revenue per production tonne sold |
$104.46 |
$109.51 |
$89.89 |
$72.56 |
+24% |
| CA$ direct cost/tonne produced |
$54.25 |
$60.39 |
$54.80 |
$44.15 |
+24% |
Guadalupe Mine
Guadalupe had been supplying the processing plant well before IMPACT had taken ownership. Historically, it produced over 10 million ounces of silver predominantly from the Lipton and Liptonia Veins. Ore was primarily sourced from the Lipton, Lipton del Bajo, Paulina, Intermedia, Liptonia, Caballo, Orilla Alto and Orilla Bajo Veins. Material is brought to surface up a shaft and transported approximately 100 metres to the plant. It is the lowest cost producer in the district.
The Guadalupe mine is now undergoing further development with the building of track access on new planned production areas such as the Kena-Dolores Zone and a number of nearby veins.
Gallega Mine (Salvadora Vein)
The Gallega mine is located 500m southeast of the Guadalupe Mine on the main Lipton Vein System. It was a significant source of historic mining. It is accessed by a surface adit and intermittently supplements production from Guadalupe. Several veins have made ore at Gallega including Lipton, Salvadora and San David.
As part of the 2006 surface drilling program, mine staff requested the exploration group to drill the upper portions of the Salvadora Vein to determine whether they were also viable for mining. Some of the results received are as follows:
SALVADORA VEIN DRILL HOLES |
DRILL |
TOP OF INTERCEPT |
ESTIMATED |
SILVER |
SILVER |
GOLD |
ZINC |
LEAD |
HOLE No. |
(m) |
TRUE WIDTH (m) |
(g/t) |
opt |
(g/t) |
(%) |
(%) |
24 |
95.0 |
0.2 |
688 |
20.1 |
0.32 |
0.66 |
0.30 |
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25 |
245.8 |
0.4 |
538 |
15.7 |
0.12 |
0.80 |
0.15 |
|
Including: |
0.1 |
2,120 |
61.8 |
0.41 |
3.12 |
0.48 |
EXPLORATION
Exploration in the Guadalupe Mine Sector of the property is partially carried out with an underground drill from the numerous mine workings in the area. With underground access so well developed, the Guadalupe area continues to provide low cost mining and exploration opportunities.
SANTA LUCIA MINING CAMP
The Santa Lucia Mining Camp is located 3.7 kilometers southeast of IMPACT's operating processing plant. Detailed geological mapping and soil sampling by IMPACT outlined a variety of high-grade silver targets consisting of old mine workings and outcropping veins along a northwesterly trending structural corridor. Summarized below are results from some of the initial drill holes from this prospective area:
| SUMMARY OF SANTA LUCIA DRILL INTERSECTIONS |
DRILL
HOLE |
VEIN NAME |
FROM
(m) |
TO (m) |
INTERVAL
(m) |
SILVER
(g/t) |
GOLD
(g/t) |
| SECTION 1450N |
| Z09-34 |
EL CAGUILOTE |
155.43 |
156.63 |
1.20 |
159.5 |
0.02 |
| SECTION 1550N |
| Z09-35* |
EL YOYOTE UPPER |
69.94 |
70.54 |
0.60 |
871.0 |
0.04 |
| Z09-35* |
EL YOYOTE MAIN |
81.42 |
82.85 |
1.43 |
600.1 |
0.08 |
| Z09-35* |
EL YOYOTE MAIN |
82.16 |
82.85 |
0.69 |
893.0 |
0.15 |
| Z09-37* |
EL YOYOTE UPPER |
73.2 |
73.77 |
0.57 |
1,905.0 |
0.15 |
| Z09-37* |
EL YOYOTE MAIN |
81.22 |
82.35 |
1.13 |
196.0 |
0.01 |
Drilling is currently underway to define structural zones where greater vein thicknesses can be found.
Pino Prospect
The Pino Prospect is an early stage prospect on the Lipton Vein system. It is located 700m south of the Guadalupe Mine. The area is marked by a large soil anomaly and sparse old small mine workings. In early 2007 IMPACT announced zinc-rich drill results from initial holes at the Pino Prospect. Exploration will return to Pino when base metal prices recover.
Santa Isabel Workings
The Santa Isabel workings are located in the western parts of the Guadalupe Mine. IMPACT personnel partially sampled the remnants of an old 2m wide stope to a point where the underground workings were collapsed. The portion of the stope sampled averaged 830g/t silver and 0.56g/t gold across 0.8m true width over a strike length of 50m in nine samples ranging up to 3,020g/t silver and 0.13g/t gold across 0.7m true width. This zone does not appear to have been mined below the level sampled. This zone will be drill tested in the future by underground drilling.
News Releases
Guadalupe & Gallega:
| December 16, 2009 |
IMPACT Intersects 466 G/T Silver Over 3.2 Meters At Santa Lucia |
| October 06, 2009 |
Impact Reports Initial Drill Results From Santa Lucia Silver Veins |
| November 24, 2008 |
Impact Silver Announces Record Quarterly Silver Production |
| August 21, 2008 |
Impact Silver Announces Second Quarter Earnings |
| May 26, 2008 |
Impact Silver Announces Record First Quarter Earnings And Silver Production |
| November 23, 2007 |
IMPACT Announces Operating Earnings of $358,000 |
| August 27, 2007 |
Impact Announces Second Quarter Results |
| May 30, 2007 |
Impact Announces Continuing Improvement In Operations |
| April 19, 2007 |
IMPACT Reports $2.4 Million in Operating Earnings for 2006 |
| November 28, 2006 |
Impact Announces Third Consecutive Profitable Quarter |
Pino Prospect:
| January 25, 2007 |
Impact Silver Announces Early Stage Drill Results And Commencement Of Mining On The Salvadora Vein |
| April 27, 2006 |
IMPACT Silver Announces Signing of Drill Contract |
Salvadora Vein:
| January 25, 2007 |
Impact Silver Announces Early Stage Drill Results And Commencement Of Mining On The Salvadora Vein |
Santa Isabel Workings:
Maps & Images
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