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IMPACT Silver Engages Consultant to Interpret Extensive Historical Geophysical Dataset for Capire & Manto America Areas
Vancouver, British Columbia--(Newsfile Corp. - December 9, 2020) - IMPACT Silver Corp. (TSXV: ...
About this update from Impact Silver Corp.
[{"type":"text","content":"IMPACT Silver Engages Consultant to Interpret Extensive Historical Geophysical Dataset for Capire & Manto America AreasVancouver, British Columbia--(Newsfile Corp. - December 9, 2020) - IMPACT Silver Corp. (TSXV: IPT) (OTC PINK: ISVLF) (\"IMPACT\" or the \"Company\") is pleased to announce that it has contracted Condor Consulting to re-interpret data from extensive historic geophysical surveys carried out over the southern portions of the large Royal Mines of Zacualpan Project in central Mexico.This area hosts the Capire open pit silver deposit, the Manto America bulk tonnage gold target and many other exploration areas. The historic data sets include IP (Inverse Polarization), airborne magnetometer and EM (electromagnetics), radiometric and ground gravity surveys that were carried out by a previous operator in the 1990's.Modern geophysical data software and skilled interpretation combined with an extensive LiDAR topographic, drilling, geological and geochemical database are expected to generate a new geophysical interpretation of the area. The present day cost to carry out these historic geophysical surveys is estimated at well over C$1,000,000 and the interpreted data will be a fundamental tool in the definition of geological contacts, structural features, mineralizing systems and generally guiding future exploration and drilling.With over 70 VMS and epithermal prospects and old mines in the Mamatla district alone, this process will provide an invaluable filter and allow IMPACT to generate new exploration targets around the Capire 200TPD pilot plant and production center.ABOUT CAPIRE VMS & MAMATLA DISTRICTIMPACT acquired the Capire-Mamatla district in February 2007, when it was awarded a 100% interest in the 200 square kilometer Mamatla Mining District through an 'invitation only' auction held by the Mexican Geological Survey.In the 1990s, Valerie Gold Resources carried out a $10.5 million VMS exploration program on the eastern half of the Mamatla district. Later, TVX Gold Inc. carried out a small exploration program on a limited part of the area for bulk tonnage epithermal precious metal deposits. This exploration generated a large exploration database and identified over 70 VMS and epithermal prospects including many old mine workings. When IMPACT won the auction for the concession, it became the beneficiary of this exte...