Projects

IMPACT Silver Corp. has a defined National Instrument 43-101 compliant Mineral Resource Estimate for the Capire Mine in the Capire Silver District:

Metal Content for Capire + Aurora 1
	Ag (oz)	Au (oz)	Cu (lbs)	Pb (lbs)	Zn (lbs)
Measured	3,529,969	14,146	3,389,275	18,234,678	46,140,820
Indicated	3,694,066	16,300	3,693,733	19,029,800	49,522,173
Measured &  Indicated	7,224,035	30,446	7,083,007	37,264,478	95,662,993
Inferred	435,959	1,919	475,594	2,260,089	5,823,490

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

Summary Table Classified Mineral Resources - Measured + Indicated and Separate Inferred
Domain	Classification	Tonnes	Ag (g/t)	Au (g/t)	Cu (%)	Pb (%)	Zn (%)
Capire	Measured + Indicated	3,104,944	46.46	0.19	0.06	0.33	0.93
Aurora 1	Measured + Indicated	1,807,302	44.50	0.199	0.07	0.36	0.80
Grand Total	Measured + Indicated	4,912,246	45.74	0.193	0.06	0.34	0.88
Grand Total	Total Inferred	371,066	36.54	0.161	0.06	0.28	0.71

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:

UPDATED NI 43-101 Report on Mineral Resources of the Capire-Aurora1 Project Mamatla Mineral District, Mexico: January 28, 2011. Click here to view full report

National Instrument 43-101 Disclosure

National Instrument 43-101, Standards of Disclosure for Mineral Projects, is a rule developed by the Canadian Securities Administrators and applicable throughout Canada, which establishes standards for all public disclosure a public company makes of scientific and technical information concerning mineral projects. IMPACT Silver Corp. adheres to the NI 43-101 standards, which require disclosure of the following information related to its mining and exploration projects.

George Gorzynski, P. Eng., a Qualified Persons under the meaning of Canadian National Instrument 43-101, is responsible for the technical information in the Royal Mines of Zacualpan, Mamatla and Zacatecas district summaries.

Nigel Hulme, P.Geo., a Qualified Person under the meaning of Canadian National Instrument 43-101, is responsible for the technical information in the Los Ranchos Projects summary.