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IMPACT Silver Samples 205.7 g/t Silver over 22.7 Meters Width Along Length of 50 Meters at Veta Negra Open Pit; Veins Traced over 650 Meters Length

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And samples 1,595 g/t Silver over 0.80 meters, 13.85g/t Gold over 0.8 meters at nearby Chatinga Vein

Vancouver, British Columbia–(Newsfile Corp. – January 20, 2020) – IMPACT Silver Corp. (“IMPACT” or the “Company”) is pleased to announce the results of a sampling program in the Veta Negra area located 3.4 km to the northwest of IMPACT’s 535 tonne per day Guadalupe processing plant in the Royal Mines of Zacualpan District, Mexico.

The Veta Negra vein system was mined in the 1970’s and 1980’s by a previous operator as both an open pit and from underground with existing infrastructure intact. Two north-northwest trending parallel veins with widths averaging 14 metres justified open pit mining methods and are presently being tested to determine the potential of the open pit. Vein mineralization is being trucked from Veta Negra to the Guadalupe processing plant and blended with mineral from the Guadalupe and San Ramon operations.

Historic sampling has shown vein system continuity over a strike length of 650 meters and could represent significant tonnage for IMPACT’s mill. IMPACT personnel carried out three series of continuous chip samples across the El Socorro vein and the Veta Negra vein in the Veta Negra open pit which returned the following results:

Vein Name Sampled Width (m) Sampled Vein Length (m) Silver gm/t Gold gm/t Lead % Zinc %
Veta El Socorro 22.70 50.84 205.7 0.02 0.14 0.31
Veta Negra 16.02 52.28 208.5 0.13 0.41 0.56

Results of sampling by IMPACT personnel of historic workings on the Northwest Extension of the Veta Negra vein system (see attached map) are listed below:

SAMPLE LOCATION TRUE_WIDTH (m) Silver gm/t Gold gm/t Lead % Zinc %
90m NW of Open Pit 6.50 185 0.30 0.14 0.18
180m NW of Open Pit 0.60 280 0.14 0.22 0.15
180m NW of Open Pit 0.70 266 0.16 0.31 0.25
180m NW of Open Pit 0.60 247 0.21 0.16 0.25
200m NW of Open Pit 1.70 282 0.09 0.37 0.22
220m NW of Open Pit 1.00 334 0.08 0.46 0.47

A sub parallel vein named Chatinga, located 120m to the northeast of the Veta Negra system (see attached map), was sampled over an initial exposed strike length of 32 meters with the following results:

SAMPLE NUMBER TRUE_WIDTH (m) Silver g/t Gold g/t Lead % Zinc %
E406309 1.70 75 0.64 0.09 0.09
E406310 1.20 59 2.11 0.19 0.11
E406311 1.60 115 0.76 0.20 0.08
E406312 1.50 125 0.94 0.23 0.13
E406314 1.30 286 1.07 0.27 0.05
E406315 0.60 59 0.71 0.29 0.02
E406316 0.80 1595 0.64 0.19 0.06
E406317 0.80 309 1.53 0.31 0.06
E406318 1.00 125 0.25 0.09 0.05
E406319 0.80 70 13.85 0.21 0.09
E406320 1.90 215 1.04 0.22 0.08


About IMPACT Silver:

IMPACT Silver Corp. is a successful silver explorer-producer with two processing plants on adjacent districts within its 100% owned mineral concessions covering 211km2 in central Mexico with excellent infrastructure and labor force. Over the past 14 years IMPACT has produced over 9.4 Moz of Silver, generating revenues of $175 million, with no long-term debt. In the historic Royal Mines of Zacualpan Silver District three underground silver mines feed the central 535 TPD Guadalupe processing plant. To the south, in the Mamatla District the 200tpd Capire processing plant is currently on standby but turnkey available to return to production. It is adjacent to an open pit silver mine with a National Instrument 43-101 (“NI 43-101”) compliant resource of over 4.5 Moz Silver, 48 million lbs Zinc and 21 million lbs Lead (see IMPACT news release dated
Veta Negra/IMPACT Silver Corp
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