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IMPACT Silver Ranked in the 24th Annual PROFIT 200 Canada's Fastest-Growing Companies by PROFIT Magazine, and Provides Update on the Development of the New Capire Production Center, Mexico
(via Thenewswire.ca) IMPACT Silver Corp. ("IMPACT") is pleased to announce that it has been...
About this update from Impact Silver Corp.
[{"type":"text","content":"\nIMPACT Silver Ranked in the 24th Annual PROFIT 200 Canada's Fastest-Growing Companies by PROFIT Magazine, and Provides Update on the Development of the New Capire Production Center, Mexico\n\n(via Thenewswire.ca)\n\n \nIMPACT Silver Corp. (\"IMPACT\") is pleased to announce that it has been ranked 177th by PROFIT Magazine in their 24th Annual PROFIT 200 'Canada's Fastest-Growing Companies' selection. IMPACT is proud to be one of only six companies listed that operate in the Natural Resource Sector. By ranking Canada's Fastest-Growing Companies by five-year growth, the PROFIT 200 profiles the country's most successful growth companies, of which IMPACT has continuously proven to belong. More information on the PROFIT 200 publication is accessible at www.profitguide.com.\n\n\n \nIMPACT is also pleased to provide a progress update on the construction of the new Capire Production Centre and open pit mine (\"Capire\"), located 16 kilometers southwest of IMPACT's active production centre at the Royal Mines of Zacualpan Silver District in Mexico. IMPACT announced the commencement of construction at Capire on January 11, 2012. Work to date, which is progressing on schedule and on budget, includes:\n\n\n \n-Construction of the electrical power line from the main grid into the site, 75% complete.\n\n\n \n-Equipment for the previously purchased pilot plant has been refurbished and the majority of the equipment has been transported to the site.\n\n\n \n-Construction of the foundations for the 200 tonne per day (\"tpd\") processing plant, maintenance shop and warehouse has begun.\n\n\n \n-Subsurface water monitoring wells are in place and collecting data.\n\n\n \n-Construction of most of the mine roads is complete.\n\n\n \n-Pre-stripping of the open pit has begun.\n\n\n \n-Construction of the tailings dam and low grade stockpile areas has begun.\n\n\n \n-First aid and safety equipment is on site and safety training for workers is ongoing.\n\n\n \nIMPACT's President and CEO, Fred Davidson, comments, \"The development of the Capire Production Centre is an exciting time for us; Capire is our first open-pit mine and represents a new production center in new mineral district that will greatly expand our production profile.\" Capire will be the second new mining district that IMPACT has developed, reinforcing IMPACT's proven history of moving min...