Business
Impact Silver Discovers High Grade Gold Zone and Drills 19.6 g/t Gold Across 2.9 Meters
(via Thenewswire.ca)
About this update from Impact Silver Corp.
[{"type":"text","content":"Impact Silver Discovers High Grade Gold Zone and Drills 19.6 g/t Gold Across 2.9 Meters\n\n(via Thenewswire.ca)\nDecember 4 2008 - IMPACT Silver Corp. (\"IMPACT\" - IPT:TSX.V) is pleased to announce the discovery of a high grade gold and copper zone from the first drill holes on the Carlos Pacheco Vein System in the Royal Mines of Zacualpan District in central Mexico. This discovery continues to substantiate IMPACT's geological model that a gold and copper district lies underneath the Silver District at the Royal Mines of Zacualpan.\n\nHighlights from these first drill holes are as follows:\n\nCARLOS PACHECO VEIN DRILL HOLES \nDRILL TOP OF ESTIMATED GOLD GOLD SILVER COPPER ZINC \nHOLE No. INTERCEPT (m) TRUE WIDTH (m) (g/t) (oz.ton) (g/t) (%) (%) \n \nSECTION 1150N \nZ08-68 85.74 2.9 19.6 0.57 68 0.29 0.11 \n Including: 1.7 31.1 0.91 69 0.31 0.12 \n Including: 1.0 49.7 1.45 59 0.31 0.14 \n \nSECTION 1200N (Drill holes listed from east to west) \nZ08-66 101.45 3.1 0.8 0.02 48 0.72 0.54 \nZ08-67 116.20 1.9 -- -- 99 1.01 4.95 \n \nSECTION 1350N (Drill holes listed from east to west) \nZ08-64 104.68 0.5 0.2 0.01 132 1.70 1.53 \nZ08-65 120.00 1.5 5.1 0.15 46 0.28 0.12 \n Including: 0.4 14.8 0.43 96 0.39 0.23 \nAnd: 131.2 2.1 11.3 0.33 18 -- -- \n Including: 1.2 18.8 0.55 24 -- -- \n Including: 0.3 53.6 1.56 41 -- -- \n\nThe holes were drilled over a strike length of 200 meters with intersections spaced at 50 meters intervals on each section. The zone is open for expansion in all directions. The drill holes were targeted on a vein previously sampled by IMPACT field crews in a small historic mine working which assayed 14.6 g/t gold and 0.46% copper across 2.7 meters true width (\"TW\") including 32.4 g/t gold and 0.80% copper across 1.2 meters TW (see IMPACT's news release dated January 18, 2007).\n\nThese results are from an ongoing 5000 meters Phase One drill program at the Noche Buena-Carlos Pacheco Mining Camp, in which a further 30 to 50 holes are planned. A variety of other targets consisting of old mine workings, historic drill intersections and outcropping precious metal-bearing veins will also be tested. Over 100 different vein intersections have been targeted for drilling. For a detailed description of this ambitious program, see the IMPACT news release dated November 5, 2008.\n\nGeorge Gorzynski, P.Eng. and VP of Exploration,...