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

Mamatla (Mexico)

"PLEASE CLICK BELOW ON A MINING CAMP"


La Virgen Mining Camp Guadalupe Mining Camp Northeast Mining Camp Northeast Mining Camp 200Km2 Mamatla Silver District Noche Buena Mining Camp Guadalupe Mining Camp Northeast Mining Camp



Impact holds a 100% interest in the 200km2 Mamatla Mining District located immediately southwest of and adjacent to IMPACT's Royal Mines of Zacualpan Silver Project and production facilities in central Mexico. The district was acquired in February 2007 in a government auction and the interest is subject to a 1% NSR royalty to the Mexican Geological Survey.

In February 2008, the Company acquired a substantial amount of technical data on Mamatla to assist in further exploration. The data includes extensive geological, geochemical and geophysical information mainly related to historic exploration for VMS deposits in the area. The Mamatla Project is host to both epithermal vein systems and VMS deposits.

On November 17th 2009, the Company announced it's first NI43-101 resource definition outlining the combined Capire and Aurora 1 Measured and Indicated Mineral Resources estimates at 7.2 million ounces silver, 94.3 million pounds zinc and 38.8 million pounds lead. This mineral estimate only covers %0.1 (0.2 sq km) of the 200 sq km Mamatla Silver District. Further drilling is planned to expand the Mineral Resource Estimates for 2010. Mine planning, metallurgical studies and economic studies are now underway to evaluate the production potential of the Capire and Aurora 1 zones. The orientation and shallow depth from surface of the mineralization indicates potential for open pit mining of at least a portion of the zones. Should a production decision be made on Capire and Aurora 1, it is anticipated that a new processing plant would be built on site to create a second production centre on IMPACT's large 472km2 mineral holdings in the region.

Summary Table Classified Mineral Resources - Measured + Indicated and Separate Inferred
Zone Classification Tonnes Ag Au Cu Pb Zn
(g/t) (g/t) (%) (%) (%)
Capire Measured + Indicated 3,114,488 52.31 0.202 0.07 0.39 1.02
Aurora 1 Measured + Indicated 1,215,798 52.07 0.201 0.08 0.46 0.92
Grand Total Measured + Indicated 4,330,286 52.24 0.201 0.07 0.41 0.99
               
Capire Inferred 218,617 49.41 0.188 0.06 0.35 0.94
Aurora 1 Inferred 85,836 46.89 0.166 0.07 0.38 0.88
Grand Total Total Inferred 304,453 48.7 0.182 0.07 0.36 0.92

Combined Measured and Indicated, and separately Inferred, In Ground Metal Content are as follows:

Total Measured + Indicated In Ground Metal Content
  Ag
(oz)		 Au
(oz)		 Cu
(lbs)		 Pb
(lbs)		 Zn
(lbs)
Capire + Aurora 1 Measured 3,225,633 12,256 2,972,731 17,020,021 40,950,998
Capire + Aurora 1 Indicated 4,047,211 15,773 3,523,296 21,862,477 53,428,372
Capire + Aurora 1 Measured + Indicated 7,272,844 28,029 6,496,027 38,882,498 94,379,370
             
Total Inferred In Ground Metal Content
Capire + Aurora 1 Inferred 476,688 1,779 421,645 2,405,978 6,157,909

The mineral resources reported above are taken from a report entitled, Report on Mineral Resources of the Capire-Aurora 1 Project, Mamatla District, Mexico, by I-Cubed LLC; Principal Author and Qualified Person, Claus G. Wiese, P. Eng. A copy of the complete report is posted on www.sedar.com as well as the link provided below:

Click here to view full report

See below for additional information of previous exploration work done on the Capire & Aurora 1 Zones.


EXPLORATION

The Company plans to expand the initial Mineral Resource Estimate throughout 2010. Among the 70 mineral prospects known on the Mamatla concession, the most significant identified to date are the Capire and the nearby Aurora I Prospects. Unlike the vein mineralization found through most of the district, these are volcanogenic massive sulphide (VMS) prospects. They lie in the same stratigraphy as the Campo Morado belt where Farrallon Resources Ltd. (FAN:TSX) recently commenced production on the G-9 VMA Deposit (5.57 million tonnes grading 7.3% zinc, 1.0% lead, 1.3% copper, 186g/t silver and 2.8g/t gold). The G-9 VMS deposit is along trend 45km southwest of Mamatla.

Capire VMS Project
Several past drill highlights such as the following indicate that there are also higher grade portions to this deposit:

Width (m)

Gold (g/t)

Silver (g/t)

Lead (%)

Zinc (%)

Copper (%)

Source

4.0

2.66

430

2.88

7.18

0.35

See Valerie Gold Press Release dated April 3, 1997

6.0

3.65

2218

2.38

5.67

0.66

See Valerie Gold Press Release Dated May 22, 1996

IMPACT Silver conducted additional drilling totalling 54 holes (3,756 meters) over an area of 350m x 150m on a 25 x 50-meter drill gri (see February 25th 2009 press release).

DRILL
HOLE No.

TOP OF
INTERCEPT (m)

ESTIMATED
TRUE WIDTH (m)

SILVER
(g/t)

GOLD
(g/t)

COPPER
(%)

LEAD
(%)

ZINC
(%)

M07-02

33.5

4.0

338

0.8

0.6

3.1

7.1

including

1.4

861

1.9

1.4

7.2

15.7

M08-29

6.1

2.2

185

0.8

0.3

1.4

4.6

including

1.2

219

0.6

0.3

1.7

5.9

M08-30

7.7

2.7

385

1.0

0.1

1.0

2.1

including

0.2

4,210

9.5

0.9

9.0

18.6

M08-41

22.5

3.5

127

0.2

0.2

1.3

3.5

including

0.7

302

0.4

0.3

2.6

5.7

M08-42

8.4

9.2

98

0.3

0.2

1.5

3.6

M08-46

6.0

2.8

159

0.9

0.2

0.8

1.9

including

0.6

470

3.2

0.3

1.4

3.1

M08-48

33.6

2.6

168

0.3

0.2

0.9

2.2

including

1.7

230

0.3

0.2

1.0

2.7

M08-50

43.3

4.0

485

0.7

0.2

2.4

4.9

including

1.8

1,016

1.2

0.4

5.0

10.2

M08-52

58.1

11.7

136

1.1

0.1

0.7

1.9

including

1.1

141

0.3

0.2

2.4

5.0

M08-55

41.0

5.9

127

0.5

0.2

1.0

2.3

including

1.3

351

1.3

0.5

2.1

5.2

The Capire's shallow depth and the orientation of its mineralization, indicate that the zone has the potential for low cost open pit mining.

Aurora 1 Zone
IMPACT Silver conducted additional drilling totalling 1,324 meters at 24 holes (see January 19th 2009 press release). The holes were drilled over an area of 200m X 200m on a 25m X 50m drill grid. The zone remains open to the south and east for expansion. Highlights from the program include:

DRILL
HOLE No.

TOP OF
INTERCEPT (m)

ESTIMATED
TRUE WIDTH (m)

SILVER
(g/t)

GOLD
(g/t)

COPPER
(%)

LEAD
(%)

ZINC
(%)

M08-01

9.2

9.9

196

0.5

0.2

1.7

3.0

including

0.6

103

0.3

0.6

11.1

18.9

including

0.6

789

0.2

0.4

0.9

1.5

including

0.6

1,345

3.2

0.7

2.7

5.0

and

48.6

2.4

303

2.1

0.4

1.4

2.7

including

1.1

420

0.5

0.6

2.4

4.8

M08-02

45.6

2.2

389

2.3

0.2

0.6

1.0

including

0.5

1,745

9.4

0.8

2.1

3.5

M08-07

8.6

9.2

125

0.5

0.2

1.6

3.0

including

0.4

770

5.9

0.7

2.8

5.6

including

2.1

219

0.3

0.4

2.9

5.2

M08-08

8.2

6.9

317

1.1

0.1

0.3

0.7

including

1.5

1,164

3

0.1

0.6

1.2

including

0.3

2,060

5.4

0.3

1.6

2.7

and

60.7

2.3

136

1.6

0.4

1.9

4.7

including

0.3

612

4.1

1.0

6.1

11.2

M08-11

32.1

4.1

320

1.3

0.3

2.3

4.2

including

1.5

626

2.9

0.8

5.5

10.1

M08- 13

23.9

2.2

383

1.0

0.9

1.5

2.6

including

0.7

1,155

2.5

2.9

4.5

7.6

M08-24

27.6

4.6

214

0.6

0.3

1.7

3.9

including

0.5

683

1.9

0.9

2.7

5.6

including

2.4

226

0.5

0.3

2.4

5.4

Huatecosco Prospect
IMPACT crews found two old mine workings at the historic Huatecosco Prospect located about ten kilometers southwest of the Zacualpan mill. The lower working is a mine adit that has collapsed, but a selected grab sample of vein material from the mine dump returned an assay of 409g/t silver, 5.41 g/t gold, 0.9% zinc and 0.5% lead. Crews were able to enter the upper inclined shaft which leads to a small underground working on the vein in oxidized material. Sampling of the exposed vein returned 1.88g/t gold and 40g/t silver across 8.7 meters. Elsewhere in this working, assays were highly variable ranging up to 189g/t gold across 1.5 meters. IMPACT's geologists conclude that this is a wide vein that has variable, locally very high gold grades in the near surface oxidized zone and more consistent silver and gold grades at depth. Plans include opening the lower adit and sampling the vein at this lower level in preparation for future drilling.

San Joaquin Prospect
The San Joaquin Prospect is located 2.5 kilometers west of Huatecosco. A grab sample of vein material from the mine dump assayed 295g/t silver and 1.5% zinc. Plans are to map and sample this area and establish access to the old mine workings.

San Carlos Area Prospects
The ruins of the large historic San Carlos processing plant are located 13 kilometers southwest of the Company's operating Zacualpan processing plant. The San Carlos plant appears to have served as a central facility for processing minerals from local mines. At the site, the Company's crews found seven piles of mineralized rocks varying from 20-500 tonnes in size. Samples from these rock piles assayed between 0.06-2.12% copper, 0.1-17.55% zinc, 0.1-11.45% lead, 46-836g/t silver and 0.2-8.65g/t gold. With the belief that these piles represent mineral collected from various nearby old mines, the Company's crews began prospecting the surrounding countryside and discovered numerous old mine workings.

Pirul Prospect
The Pirul Prospect is comprised of old mine shafts and adits located one kilometer north of the San Carlos plant.

Samples from the workings returned the following highlights:

Location

Sample Width (m)

Silver (g/t)

Zinc (g/t)

Lead (%)

Sample from Shaft

2.0

331

0.04

9.23

Samples from Adit Located 65 Meters Southeast of Shaft 12 Meters from Entrance

1.0

285

5.31

6.88

Gorrion Prospect
The Gorrion Prospect is located 500 meters west of the Pirul Prospect. Samples from a dump beside a surface cut and a nearby outcrop returned the following values:

Location

Estimated TW (m)

Silver (g/t)

Surface Sample of Vein

2.1

163

Angel Prospect
The Angel Prospect is located three kilometers northwest of the San Carlos plant. Highlights from a series of old shafts and small surface open cuts traced over 100 meters returned the following values:

Location

Estimated TW (m)

Silver (g/t)

Average of three samples beside Shaft No. 1

0.9

331

Sample from Shaft No. 2
(30 meters NW of Shaft No.1)

0.9

492

San Nicolas del Cobre Prospects
The San Nicolas del Cobre Prospects are found over a distance of one kilometer in the far northwest of the Mamatla District. Samples taken from old mine workings in the area returned the following values:

Location

Estimated TW (m)

Copper (%)

Silver (g/t)

Gold (g/t)

Amigo Shaft

1.0

1.67

123

0.5

Enjambre Shaft

0.5

1.85

98

4.1

Sara Mamatla Prospect
The Sara Mamatla Prospect is located 2.5 km northeast of Huatecosco. A grab sample of vein material from the mine dump assayed 380 g/t silver, 1.14 g/t gold, 1.0% zinc and 1.9% lead. Plans are to reopen the old mine for crews to sample the vein in-situ.

Zapote Prospect
A series of altered andesite dikes are exposed along a road 4 km west of Huatecosco. IMPACT crews sampled two of these dikes, which returned assays of 14.90 g/t gold across 0.5 m and 7.29 g/t gold across 0.6 m. Nearby there is a 20 m wide vein that returned low grade values on the roadcut, but may have potential for mineralization at depth. IMPACT plans to carry out further exploration in this area to better understand the mineralizing system and its potential.

News Releases
# Wed Mar 17, 2010
Impact Silver Intersects 1,139.7 g/t Silver over 1.38 Meters at Aurora 1
IMPACT Silver Corp. ("IMPACT") is pleased to announce the completion of the second phase drill program at the Aurora 1 Zone in the Mamatla Mineral District. Aurora 1 is located 17 kilometers southwest of IMPACT's operating silver mines and processing plant in the Royal Mines of Zacualpan Silver District. Previous drilling defined the initial NI43 101 Compliant Mineral Resourc... (17 KB)
# Tue Nov 17, 2009
Impact Silver Outlines Over 7 Million Ounces Silver And 94 Million Lbs Zinc At Capire And Aurora 1
IMPACT Silver Corp. ("IMPACT") is pleased to announce initial NI43-101 compliant mineral resource estimates for the Capire and Aurora 1 Zones located in the Mamatla Mineral District. The Capire-Aurora 1 Project is an exploration site that is in the mine planning and economic assessment stage and is only one of many exploration and mining sites on the large 472-square-kilometer project area. If a positive production decision is made, it would represent IMPACT's sixth mining operation in the Zac... (55 KB)
# Wed Feb 25, 2009
Impact Silver Intersects 1,016 G/T Silver Over 1.8 Meters At Capire
IMPACT Silver Corp. ("IMPACT") is pleased to announce drill results from an extensive grid drilling program on the Capire Zone in the 200-square kilometer Mamatla Mineral District. Highlights from the 54-hole (3,756 meters) drill program include the following: ... (49 KB)
# Mon Jan 19, 2009
IMPACT Silver Intersects 1,164 g/t Silver over 1.5 meters at Aurora 1
IMPACT Silver Corp. ("IMPACT" or "the Company") is pleased to announce drill results from a grid drill program on the Aurora 1 Zone in the Mamatla Mineral District. Highlights from the 24-hole, 1,324-meter drill program include the following: ... (18 KB)
# Thu Jan 10, 2008
Impact Silver Exploration Summary
IMPACT Silver Corp. ("IMPACT") is pleased to provide a summary of its exploration activities in 2007 and plans for 2008. Most of IMPACT's exploration work was carried out at the Royal Mines of Zacualpan Silver District ("Zacualpan") and the adjacent Mamatla District in 2007. A smaller program took place in the Zacatecas Silver District. ROYAL MINES OF ZACUALPAN EXPLORATION OVERVIEW Zacualpan is located in central Mexico and consists of a 125-square-kilometer land package with who... (42 KB)
# Tue Dec 4, 2007
Impact Silver Announces New Silver Discoveries At Mamatla
IMPACT Silver Corp. ("IMPACT") is pleased to announce the discovery of several new silver prospects in the Mamatla District. The wholly-owned 200 square-kilometer Mamatla District is located southwest of and immediately adjacent to the Royal Mines of Zacualpan. Mamatla is host to both epithermal veins and volcanogenic massive sulphide deposits. Field work has demonstrated that some of the veins exploited within the Royal Mines of Zacualpan project extend onto the eastern portion of the Mamatl... (11 KB)
# Wed Mar 28, 2007
Impact Silver Discovers High-Grade Gold Veins On Mamatla
IMPACT Silver Corp. ("IMPACT") is pleased to announce results of the first assays received from preliminary reconnaissance work conducted on a small section in the northeast portion of its newly acquired 200 km2 Mamatla Project (see news release dated February 28, 2007). Mamatla is located immediately southwest of and adjacent to IMPACT's Royal Mines of Zacualpan silver project and production facilities in central Mexico. The reconnaissance program successfully traced epithermal silver and cop... (6 KB)
# Wed Feb 28, 2007
Impact Silver Acquires 200Km2 Mining District In Mexico
IMPACT Silver Corp. ("IMPACT") is pleased to announce that it has been awarded a 100% interest in the 200km2 Mamatla Mining District through an 'invitation only' auction held by the Mexican Geological Survey. IMPACT's winning bid was US$200,000 payable over two years plus a 1% NSR production royalty payable to the Mexican Geological Survey. Mamatla is IMPACT's third district-scale project. It is located immediately southwest of and adjacent to IMPACT's Royal Mines of Zacualpan Silver Project ... (2 KB)


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