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IMPACT Silver Announces an Updated Mineral Resource Estimate at Capire; Base Case Outlines 4.5 Million ozs Silver in a Pit-Constrained Scenario with Additional Mineralization at Depth
VANCOUVER, BRITISH COLUMBIA--(Marketwired - Jan. 18, 2016) - IMPACT Silver Corp. ("IMPACT") (TSX VENTURE:IPT) is pleased to announce a new updated mineral resou
About this update from Impact Silver Corp.
[{"type":"text","content":" VANCOUVER, BRITISH COLUMBIA--(Marketwired - Jan. 18, 2016) - IMPACT Silver Corp. (\"IMPACT\") (TSX VENTURE:IPT) is pleased to announce a new updated mineral resource estimate for the Capire Zone in central Mexico in compliance with National Instrument 43-101. The effective date of this Mineral Resource is January 9, 2016. A supporting NI43-101 Technical Report will be filed on SEDAR (www.sedar.com) and on the IMPACT website (www.IMPACTSilver.com) within 45 days. Preparation of this new estimate and supporting technical report is to satisfy the requirements of the BCSC mining technical review of the Capire property. The new, updated resources are reported in Table 1 using a range of cutoff grades. The reported resource (\"Base Case\") cutoff grade is US$30/tonne in Table 1. Table 1: Total Resource at US Dollar per Tonne Cutoffs - Inferred and Unoxidized Cutoff Inferred Mineral Resources US$/t Tonnes US$/t g Ag/t %Zn %Pb Oz Ag lbs Zn lbs Pb 10 4,465,000 36.20 44.21 0.72 0.31 6,346,000 71,183,000 30,212,000 15 3,450,000 43.24 53.03 0.85 0.37 5,881,000 64,914,000 28,072,000 20 2,707,000 50.37 62.22 0.98 0.43 5,414,000 58,444,000 25,755,000 25 2,177,000 57.19 71.06 1.10 0.49 4,974,000 52,766,000 23,522,000 30 1,786,000 63.74 79.49 1.22 0.54 4,563,000 47,975,000 21,423,000 35 1,490,000 69.96 87.65 1.33 0.59 4,199,000 43,692,000 19,504,000 40 1,242,000 76.47 96.20 1.45 0.65 3,842,000 39,596,000 17,666,000 45 1,035,000 83.30 105.37 1.56 0.70 3,507,000 35,693,000 15,905,000 50 859,000 90.69 115.49 1.69 0.75 3,189,000 31,983,000 14,203,000 60 636,000 103.31 133.60 1.88 0.84 2,732,000 26,339,000 11,793,000 70 489,000 114.89 150.72 2.04 0.92 2,370,000 22,034,000 9,909,000 80 381,000 126.33 167.97 2.20 0.99 2,057,000 18,455,000 8,338,000 90 294,000 138.53 187.15 2.34 1.07 1,772,000 15,194,000 6,966,000 Notes for Table 1: The Mineral Resources in this disclosure were estimated by Mine Development Associates (\"MDA\") of Reno, Nevada. Mineral Resources are not Mineral Reserves and do not have demonstrated economic viability. The Mineral Resources in this news release were estimated using current Canadian Institute of Mining, Metallurgy and Petroleum (\"CIM\") standards, definitions and guidelines. MDA estimated the resources by inverse distance cubed (\"ID3\") and checked the estimate with inverse distance to the 4th power, kriging, and neare...