Impact Silver Corp. - QwikReport

IMPACT SILVER CORP. : http://www.impactsilver.com/ : QwikReport

La Virgen Valley Production Camp

"PLEASE CLICK BELOW ON A MINING CAMP"

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%

The La Virgen Valley Production Camp currently encompasses two high grade operating silver mines, Chivo Mine - Largest & Highest Silver Grade Mine in the district and the San Ramon Mine - High Lead & Zinc Grade. Ore is transported to the 500 tpd processing plant in the Guadalupe mining camp for processing which currently operates at 343 tonnes per day (tpd).

PRODUCTION

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%

Chivo Mine

Chivo is the largest and highest grade producing mine in the district. It is the second mine put into production by the Company's team. Chivo was identified as a high priority exploration target in late 2005 when sampling in an old small mine working and on surface returned high grade values of 1,095g/t Silver over 1.25m TW and 2,640 g/t Silver over 0.85m TW respectively. In 2006, IMPACT began drilling and by 2008 had completed 46 drill holes outlining the high grade Chivo Silver Shoot over an area of 300m long and 200m deep. Commercial mining began in January 2008. The zone remains open for expansion in all directions. Currently, Chivo provides the majority of the production.

Recent drilling results from Chivo included the following:

CHIVO DRILL HOLES (MAIN VEIN - SOUTH EXTENSION)
DRILL HOLE No.	TOP OF INTERCEPT (m)	ESTIMATED TRUE WIDTH (m)	SILVER (g/t)	SILVER (oz/ton)	GOLD (g/t)	ZINC (%)	LEAD (%)
SECTION 850N (Drill holes listed from west to east)
Z08-13	49.4	1.9	3,902	114	1.34	3.96	2.16
Z08-13	Including	0.6	11,463	334	3.46	10.25	5.02
Z08-14	65.4	0.7	601	18	0.22	1.74	1.56
SECTION 875N (Drill holes listed from west to east)
Z08-25	45.6	3.2	865	25	0.41	3.73	3.90
Z08-25	Including	1.6	1,765	51	0.81	6.42	7.56
Z08-11	58.4	3.2	793	23	0.21	4.23	3.27
Z08-11	Including	1.1	1,792	52	0.46	8.73	7.25
Z08-12	71.3	1.7	91	3	0.86	2.03	2.65
SECTION 900N (Drill holes listed from west to east)
Z08-16	57.7	1.6	664	19	0.79	3.23	1.79
Z08-23	76.6	3.0	501	15	0.51	8.51	4.96
Z08-23	Including	1.8	810	24	0.80	12.75	6.91
Z08-24	88.0	1.3	73	2	0.66	10.96	2.81
Z08-27	114.5	3.7	89	3	0.22	6.91	2.81
Z08-27	Including	1.1	175	5	0.60	14.95	6.91

San Ramon Mine

San Ramon is located 1.3 km south of the Chivo Mine and supplements production from Chivo The main mineral shoot is typically 60m long by 3m wide and hosts high grade silver ores.

Mining continues to expand at San Ramon as the Company also developed underground access to a parallel structure, the Chaparrita Vein. During the third quarter of 2009, a new wide zone of silver-rich stockwork breccia style mineralization was discovered on level 5.5 and is expected to increase production at the mine.

At San Ramon two drill programs have taken place mainly prior to intial production. The holes were drilled to both determine the size of the San Ramon Mine and to plan for future mining. The most significant results returned from both programs include the following:

Drill Hole	Top of Intercept (m)	Est. True Width (m)	Silver (g/t)	Silver (oz/t	Gold (g/t)	Zinc (%)	Lead (%)
1	243.6	0.9	279	8.1	0.11	2.52	1.47
	including	0.2	957	27.9	0.04	2.66	1.02
4	133.8	0.9	746	21.8	0.36	3.08	1.08

Concepcion Vein

Drill Hole	Top of Intercept (m)	Est. True Width (m)	Silver (g/t)	Silver (oz/t)	Gold (g/t)	Zinc (%)	Lead (%)
1	138.8	1.8	293	10.46	0.4	1.25	1.4
2	163.5	0.8	6,013	214.8	2.31	0.36	0.47
3	127.8	0.4	115	4.1	0.29	3.67	1.05
4	153.6	4.4	2,713	96.9	0.36	1.01	0.74
Including:		0.4	27,793	992.6	3.4	9.47	7.52

San Agustin Vein

Drill Hole	Top of Intercept (m)	Est. True Width (m)	Silver (g/t)	Silver (oz/t)	Gold (g/t)	Zinc (%)	Lead (%)
2	174.2	1.6	3,234	115.5	0.41	2.67	1.91
Including:	163.5	0.7	7,010	250.4	0.73	5.87	4.26
3	127.8	1.2	450	16.1	0.23	2.3	0.75
4	153.6	0.6	1,140	40.7	0.56	0.56	0.23

EXPLORATION

Cometa Navideno/Santiago Vein
Earlier sampling of the historic Santiago mine workings by IMPACT returned average values of 235g/t silver and 0.31g/t gold across 0.9m (TW) ranging up to a high of 1,320g/t silver and 0.99g/t gold across 0.3m (TW). Earlier results from this Shoot reported a median value of 680g/t Ag and 0.3g/t Au over 0.90m to a high of 1,128g/t Ag and 0.2g/t Au over 1.9m. Two holes were drilled here in 2005. One of the holes returned 7.26% zinc, 7.45% lead, 75g/t silver and 0.59g/t Au across 0.65m about 120m below the old mine workings.

Los Reyes Zone
Finding other clusters of large veins situated next to a producing mine allows IMPACT to readily and quickly integrate them into production. An example is the Los Reyes Zone, located 600 metres east of the Chivo Mine. It is a thick vein system that trends parallel to the silver-rich Chivo Zone. Highlights from an 11-hole drill program include the following:

LOS REYES DRILL HOLES (MAIN VEIN)
DRILL HOLE No.	TOP OF INTERCEPT (m)	ESTIMATED TRUE WIDTH (m)	SILVER (g/t)	GOLD (g/t)	ZINC (%)	LEAD (%)
SECTION 1N (Sections listed from south to north, drill holes listed from west to east)
Z07-42	111.2	4.5	262	0.09	2.05	0.64
	Including	2.2	496	0.15	3.10	0.96
	Including	1.1	717	0.27	1.67	0.44
Z06-33	115.1	5.2	17	0.18	1.64	0.55
SECTION 2N
Z07-35	194.9	1.1	25	2.21	4.35	1.28
SECTION 3N
Z07-37	191.1	4.1	46	0.34	4.46	1.07
Z07-37	Including	0.6	135	1.24	17.80	4.62
SECTION 3N
Z07-38	202.4	5.9	22	0.18	1.99	0.53

The Company's mine staff will evaluate the Los Reyes Zone for possible integration into the Chivo Mine Plans.

News Releases

Tue Jul 27, 2010
Impact Silver Announces First Results From 5,000M Drill Program At Zacualpan Silver District
IMPACT Silver Corp. ("IMPACT") is pleased to announce that drilling has now returned to the heart of the Royal Mines of Zacualpan Silver-Gold District in Mexico to test a number of high priority drill targets associated with old mines in an initial 5,000 meter drill program. Assays have been received from four exploratory holes at the San Ramon Mine and Santa Lucia prospect. The first two holes (Z10-01 and Z10-02) were drilled to test extensions of the San Ramon Mine, located 4.8 kilometers ... (291 KB)

San Ramon:

	Thu Oct 12, 2006 Impact Discovers New High Grade Silver Shoot IMPACT Silver Corp. ("IMPACT") is pleased to announce drill results from the Royal Mines of Zacualpan Silver Project. These initial results are from the first two target areas tested: Chivo Prospect and San Ramon Extension. A significant high-grade silver shoot was discovered at the Chivo Prospect. CHIVO SILVER SHOOT The Chivo Silver Shoot is located in the southern part of the Zacualpan silver district and represents a new zone of high grade silver mineralization at the Zacualpan... (2 KB)
	Wed Jun 14, 2006 Impact Announces Commencement Of Underground Drill Program IMPACT Silver Corp. ("IMPACT") is pleased to announce that it has commenced underground drill operations at the Royal Mines of Zacualpan Silver Project. The program which recently commenced will initially test two primary targets: the San Ramón extension and Guadalupe Mine -- Lipton and Liptonia Veins. The wholly-owned underground drill rig was acquired as part of the mining production equipment purchase (see IMPACT new release dated March 14, 2006). The rig is expected to conduct drilling on... (2 KB)
	Mon May 16, 2005 Drilling Intersects Multiple High Grade Silver Veins IMPACT Minerals International Inc. ("IMPACT") is pleased to announce drill results for the first four holes on its Royal Mines of Zacualpan Silver Project in central Mexico. These four holes targeted extensions of Compadres Silver Shoot No. 1. Drilling has demonstrated that the Compadres Vein System consists of a series of stacked parallel veins as listed in the table of drilling highlights below: -------------------------------------------------------------------- VEIN NAME ... (140 KB)
	Mon Feb 28, 2005 Drilling Has Started -- Four Target Areas to be Tested IMPACT Minerals International Inc. ("IMPACT") is pleased to announce that drilling has started on the Royal Mines of Zacualpan Silver Project in central Mexico. This 2000m Phase 1 core-drilling program will test four priority target areas. Drilling of other targets developed by field crews and follow up of Phase 1 drill intersections is planned for a Phase 2 drill program later in 2005. The four priority Phase 1 drill targets were selected to test both advanced stage areas with potential for ... (2 KB)
	Fri Oct 22, 2004 Update on Royal Mines of Zacualpan Silver Project - Compadres Area IMPACT Minerals International Inc. ("IMPACT") is pleased to provide an update on work in the Compadres area of its Royal Mines of Zacualpan Silver Project in central Mexico. Information on work from other silver prospects on the large property will be issued as results are received and compiled. In late 2003 a horizontal mine tunnel (named the "20th of November Drift") was driven 95m along the Compadres Vein where an old mine stope was encountered (Silver Shoot #1). Sampling of this shoot ret... (7 KB)

Chivo:

	Tue Aug 12, 2008 Impact Drills 11,463g/t (334 oz/ton) Silver Over 0.6M (2ft) At Chivo Mine And Expands Strike Length By 40% IMPACT Silver Corp. ("IMPACT") is pleased to announce that drilling on extensions of the Chivo Zone has both intersected high grade mineralization, as well as increased the strike length of the Zone by 40% to over 300 meters. The Chivo Mine at the Royal Mines of Zacualpan Silver Project in Mexico achieved commercial production in early 2008 based on successful exploration over the past two years. This news release reports on drilling conducted to establish the southern limits of the Chivo Zo... (14 KB)
	Wed Aug 6, 2008 Impact Drills 1,118 G/T Silver Across 1.4 Meters At The Chivo Mine IMPACT Silver Corp. ("IMPACT" or "the Company") 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: ... (6 KB)
	Tue Jun 17, 2008 Impact Silver Updates Production And Samples 657G/T Silver Over 2.85M At The Chivo Mine IMPACT Silver Corp. ("IMPACT") is pleased to provide an update on production with information on its new mines, Chivo and San Ramon, in the central part of the Royal Mines of Zacualpan Silver District as well as significant equipment purchases. CHIVO MINE The Chivo Mine started commercial production in January, one month ahead of schedule, at 60 tonnes per day (see IMPACT news release dated September 20, 2007). Underground access is via a 92-metre long crosscut adit. With good grades and... (5 KB)
	Thu Apr 24, 2008 Impact Silver Extends Strike Length Of Chivo Mine; Drills 12.3 Meters Of 6% Zinc And 2% Lead IMPACT Silver Corp. ("IMPACT") 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 repor... (11 KB)
	Thu Sep 20, 2007 Impact Silver Corp. Commences Construction Of Third Mine And Increases Production IMPACT Silver Corp. ("IMPACT") is pleased to announce both the commencement of construction activities at the new high-grade silver Chivo Mine as well as an increase in production throughput to 300 tonnes per day ("tpd") at the Royal Mines of Zacualpan Silver District, Mexico. CHIVO MINE Permitting is now complete and groundbreaking has begun to put the new Chivo Mine into production. Chivo will be the third producing mine at the Royal Mines of Zacualpan Silver Project and the se... (6 KB)
	Thu Jul 12, 2007 Impact Silver Announces Chivo Drill Results IMPACT Silver Corp. ("IMPACT") is pleased to announce drill results from the Chivo Silver Shoot, as well as a new discovery named Chivo Northeast Zone at the Royal Mines of Zacualpan Silver Project, Mexico. These are the initial results from the first area tested in our 2007 Zacualpan 10,000m drill program. ... (16 KB)
	Thu Oct 12, 2006 Impact Discovers New High Grade Silver Shoot IMPACT Silver Corp. ("IMPACT") is pleased to announce drill results from the Royal Mines of Zacualpan Silver Project. These initial results are from the first two target areas tested: Chivo Prospect and San Ramon Extension. A significant high-grade silver shoot was discovered at the Chivo Prospect. CHIVO SILVER SHOOT The Chivo Silver Shoot is located in the southern part of the Zacualpan silver district and represents a new zone of high grade silver mineralization at the Zacualpan... (2 KB)
	Thu Apr 27, 2006 IMPACT Silver Announces Signing of Drill Contract IMPACT Silver Corp. ("IMPACT") is pleased to announce that it has signed a drill contract for a minimum 2000m surface core drilling program. The program is planned to start in the beginning of May and will test three priority targets: San Ramon extension, Chivo Prospect and Pino Prospect. SAN RAMON MINE EXTENSION The first holes will be drilled to outline the extension of the San Ramon high grade silver shoot at depth. Plans are to drill holes up to 80m below the deepest mine workings pr... (2 KB)
	Wed Sep 7, 2005 New High Grade Silver Discoveries IMPACT Silver Corp. ("IMPACT") is pleased to provide an update on the Royal Mines of Zacualpan silver project in Mexico. Over 100 silver prospects have been catalogued on the property and IMPACT field crews are systematically carrying out a program of mapping and sampling to prioritize prospects for the next round of drilling. Highlights from recent work include the following: CHIVO WORKINGS Field crews have traced the Compadres Vein System a distance of 1300m northwest of the high grade C... (2 KB)

Los Reyes:

Tue Apr 29, 2008
Impact Silver Announces New Discovery At The Royal Mines Of Zacualpan
IMPACT Silver Corp. ("IMPACT") 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... (13 KB)

San Antonio:

Thu Aug 28, 2008
Impact Silver Acquires New Concessions Increasing Mineral Holdings By 45%
IMPACT Silver Corp. ("IMPACT" or "the Company") 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 signific... (6 KB)

San Augustin, Cometa Navideno, Santiago, Concepcion:

	Mon May 16, 2005 Drilling Intersects Multiple High Grade Silver Veins IMPACT Minerals International Inc. ("IMPACT") is pleased to announce drill results for the first four holes on its Royal Mines of Zacualpan Silver Project in central Mexico. These four holes targeted extensions of Compadres Silver Shoot No. 1. Drilling has demonstrated that the Compadres Vein System consists of a series of stacked parallel veins as listed in the table of drilling highlights below: -------------------------------------------------------------------- VEIN NAME ... (140 KB)
	Mon Feb 28, 2005 Drilling Has Started -- Four Target Areas to be Tested IMPACT Minerals International Inc. ("IMPACT") is pleased to announce that drilling has started on the Royal Mines of Zacualpan Silver Project in central Mexico. This 2000m Phase 1 core-drilling program will test four priority target areas. Drilling of other targets developed by field crews and follow up of Phase 1 drill intersections is planned for a Phase 2 drill program later in 2005. The four priority Phase 1 drill targets were selected to test both advanced stage areas with potential for ... (2 KB)
	Tue Nov 16, 2004 Royal Mines of Zacualpan Silver Project Update; Early Stage Target Areas IMPACT Minerals International Inc. ("IMPACT") is pleased to provide an update on its Royal Mines of Zacualpan Silver Project in central Mexico. Results reported in this News Release are from exploratory sampling of some early stage silver targets located away from the main areas of active mining and development work. These targets are some of the initial areas chosen from over 100 catalogued silver prospects on the property based on favourable preliminary investigations. Work is continuing on... (2 KB)

Maps & Images

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This page was created on Thu Sep 9, 2010 at 9:51:25 AM Pacific Time.