IMPACT Silver Corp. (TSXV: IPT) has successfully completed its’ 2022 Royal Mines of Zacualpan area surface exploration drill programme in central Mexico.
Significant results for the last sets of assays for 2022 were returned from greenfields targets at La Luz and San Antonio. The drilling was carried out with IMPACT’s man portable hydraulic surface diamond drill rigs.
The historic La Luz mine is located to the west and along strike of the Pachuqueno mine workings in IMPACT’s operating Guadalupe Mine and also hosts a northeast trending vein, both of which were tested by sixteen surface drill holes.
The San Antonio Zinc vein system is located four km southeast of IMPACT’s operating Guadalupe Processing Plant and on trend with the Cuchara mine vein system.
The increase in the zinc price led to testing the extent and continuity of San Antonio’s known mineralized system which was last explored in 2007. A total of 17 holes were drilled to test the system at depth and along strike of historic mine workings and previous drilling.
Other drill results from these and other targets were low grade.
Drilling is continuing with IMPACT’s underground rig in the Mina Grande mine located in the Cuchara area and field exploration is continuing on multiple targets. Plans are being made for a large drill programme in 2023.
IMPACT Silver Corp. is a successful silver-gold explorer-producer with two processing plants on adjacent districts within its 100% owned mineral concessions covering 211 sq. km in central Mexico with excellent infrastructure and labour force. Over the past 16 years, IMPACT has produced over 11.5 million ounces of silver, generating revenues over $230 million, with no long-term debt.
At the Royal Mines of Zacualpan Silver District, three underground silver mines and one open pit mine feed the central Guadalupe processing plant. To the south, in the Mamatla District, the Capire Project includes a 200 tpd processing pilot plant adjacent to an open pit silver mine with an NI 43-101 inferred mineral resource of over 4.5 million oz silver, 48 million lbs zinc and 21 million lbs lead; Company engineers are reviewing Capire for a potential restart of operations. With 16 years of exploration successes leading to production cash flows, IMPACT has shown the Zacualpan Silver-Gold District to be endowed with many high-grade silver and gold zones and has placed multiple zones into commercial production.
For further information please visit: https://impactsilver.com/
