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IMPACT Silver Announces Results of Interpretation of Historical Geophysical Surveys over Southern Claims
Vancouver, British Columbia--(Newsfile Corp. - May 12, 2021) - IMPACT Silver Corp. (TSXV: IPT)...
About this update from Impact Silver Corp.
[{"type":"text","content":"IMPACT Silver Announces Results of Interpretation of Historical Geophysical Surveys over Southern ClaimsVancouver, British Columbia--(Newsfile Corp. - May 12, 2021) - IMPACT Silver Corp. (TSXV: IPT) (\"IMPACT\" or the \"Company\") is pleased to announce that it has received the report prepared by Condor Consulting, Inc. (Condor) on analysis and interpretation of the geophysical surveys carried out in the 1990's over the Capire area of the Royal Mines of Zacualpan Project. The data analyzed included Induced Polarization (IP), airborne Magnetometer, ground and airborne EM, and Airborne radiometric.Condor utilized leading edge Inversion processing to produce 3D models of the IP and Magnetometer surveys and combined with the EM surveys has outlined a series of massive sulphide and vein hosted target areas. The data provided by Condor is being incorporated into IMPACT's GIS database and 3D modelling software packages to prioritize new target areas for further exploration. Many of the highest priority targeted areas are located in the same stratigraphy and fall within four kilometers of the Capire open pit mine and so could enhance the economics of the Capire Project (see below). Follow up field work will commence this summer to determine the source of the geophysical targets.ABOUT IMPACT SILVERIMPACT Silver Corp. is a successful silver-gold 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 15 years, IMPACT has produced over 10.3 million ounces of silver, generating revenues over $212 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 a mineral resource of over 4.5 million oz silver, 48 million lbs zinc and 21 million lbs lead (see IMPACT news release dated January 18, 2016 for details); Company engineers are reviewing Capire for potential restart of operations in light of current elevated silver prices. With 15 years of exploration successes leading to production cash flows, IMPACT has shown the Zacualpan Silver-Gold ...