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Impact Silver Begins Drilling New Silver and Gold-Copper Targets at Royal Mines of Zacualpan Silver Project

(via Thenewswire.ca)

articleImpact Silver Corp.October 31, 20084/company/impact-silver-corp/news/impact-silver-begins-drilling-new-silver-and-gold-copper-targets-at-royal-mines-of-zacualpan-silver-project
Impact Silver Begins Drilling New Silver and Gold-Copper Targets at Royal Mines of Zacualpan Silver Project

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[{"type":"text","content":"Impact Silver Begins Drilling New Silver and Gold-Copper Targets at Royal Mines of Zacualpan Silver Project\n\n(via Thenewswire.ca)\nIMPACT Silver Corp. (\"IMPACT\" IPT-TSX.V) is pleased to announce the commencement of a 5,000 m first phase drill program for the Noche Buena-Carlos Pacheco Mining Camp, located within the Royal Mines of Zacualpan Silver District in central Mexico. A variety of both silver and gold-copper targets consisting of old mine workings, past drill intersections and outcropping veins will be tested in order to determine which targets warrant further drilling for mine planning purposes. Currently thirty to fifty holes are planned, which will take the remainder of 2008 to complete. Over one hundred different vein intersections have been targeted as multiple vein intersections are anticipated in most of the drill holes.\n\nThe Noche Buena-Carlos Pacheco Mining Camp is one of several dozen ancient mining centers located within the extensive claim holdings of the Zacualpan Mining District (see IMPACT news release dated August 28, 2008). It is located approximately four kilometers southwest of IMPACT's Guadalupe processing plant. Old records suggest mining efforts in the camp began during the time of the Spanish in 1746. Larger scale mining commenced around 1900 only to be largely shut down by the Mexican revolution of 1910, with sporadic efforts thereafter.\n\nOver the past year IMPACT field crews have systematically located, documented and sampled 114 old mine and exploration workings consisting of prospect pits, mine shafts and tunnels. Included in this program was detailed geological mapping of the veins and the collection of 563 rock samples for assay and analyses. Numerous rock samples contained values greater than 100 g/t silver, attaining a high of 775 g/t in the San Jose‑3 Tunnel, and 47 other samples contained greater than 1.0 g/t gold, attaining a high of 39.9 g/t (1.16 opt) in the Carlos Pacheco Main Tunnel. Base metals can also contain significant values as individual samples attained the following assays 8.39% copper, 11.95% lead and 14.80% zinc.\n\nDominating the structure are two northerly trending veins (Noche Buena to the west, and Carlos Pacheco to the east) that have been traced for 1.7 and 2.6 km respectively and open for extension. In addition, approximately fifty smaller secondary ve...

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