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IMPACT SILVER 2010 MINE DEVELOPMENT AND EXPLORATION SUMMARY
Jan. 20, 2011 (TheNewswire.ca) -- IMPACT Silver Corp. ("IMPACT" or "the Company") is pleased...
About this update from Impact Silver Corp.
[{"type":"text","content":"\nIMPACT SILVER 2010 MINE DEVELOPMENT AND EXPLORATION SUMMARY\n\n\n Jan. 20, 2011 (TheNewswire.ca) -- IMPACT Silver Corp. (\"IMPACT\" or \"the Company\") is pleased to provide a summary of its 2010 new mine development and exploration activities at the Royal Mines of Zacualpan Silver District (\"Zacualpan\") and the adjacent Mamatla Mineral District (\"Mamatla\") in central Mexico. The Zacualpan and Mamatla Districts consist of a large package of 100%-owned mineral concessions with wholly-owned operating mines, a 500-tpd (tonnes-per-day) processing plant and the new Capire Mine Development Project scheduled for production in late 2011. In 2010, the combined property area was expanded by 150 square kilometers to 623 square kilometers. The continued success of the exploration and development work contributed to the ongoing expansion of mining operations. Information on mine production will follow later with the release of final 2010 financial statements.THE CAPIRE PROJECT:NEAR TERM PRODUCTION FROM A NEW MINING DISTRICTThe Capire Zone is located 16 kilometers southwest of IMPACT's active mining and processing operations at Zacualpan. The Capire Zone is currently in the final mine planning and permitting stage with a target to begin pilot plant operations at a rate of 200 tpd later in 2011. The orientation and shallow depth from surface of the mineralization will allow open pit mining of a portion of the zone. Capire will be the Company's fourth operating mine in the region and represents near-term production from a new mining district.In November 2009, the Company announced the first NI43-101 compliant mineral resource estimates for the Capire Zone (formerly known as the Capire-Aurora 1 Zone) located in the Mamatla Mineral District. These measured and indicated mineral resource estimates totaled 7.2 million ounces Silver, 94.3 million lbs Zinc and 38.8 million lbs Lead (see IMPACT Silver (TSXV:IPT) news release dated November 19, 2009 for details). Additional drilling in 2010 was designed to upgrade these mineral resources in preparation for mining (see IMPACT Silver news releases dated March 17, 2010 and May 25, 2010 for drill results). Updated mineral resource estimates are pending. The zone remains open for expansion.NEW MINE DEVELOPMENT AT NOCHE BUENAIn early 2010, the Company put its third new mine into production at Noche Bue...