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IMPACT SILVER REPORTS UPDATED MINERAL RESOURCES AT CAPIRE IN PREPARATION FOR PRODUCTION
Feb. 1, 2011 (TheNewswire.ca) -- IMPACT Silver Corp. ("IMPACT" or "the Company") is pleased ...
About this update from Impact Silver Corp.
[{"type":"text","content":"\nIMPACT SILVER REPORTS UPDATED MINERAL RESOURCES AT CAPIRE IN PREPARATION FOR PRODUCTION\n\n\n Feb. 1, 2011 (TheNewswire.ca) -- IMPACT Silver Corp. (\"IMPACT\" or \"the Company\") is pleased to announce updated NI43-101 compliant mineral resource estimates for the Capire Deposit (formerly the Capire-Aurora 1 Zones) in the 200-square-kilometer Mamatla Mineral District of Mexico. The 2010 infill drilling program focused on the currently defined zones and upgraded additional mineral resources into the highest Measured Mineral Resource category for final mine planning on the proposed open pit and adjacent mineralization. Tonnes in the Measured Mineral Resource category increased by 18% and contained in-ground silver ounces increased by 9% over the 2009 study (see IMPACT Silver (TSXV:IPT) news release dated November 19, 2009 and the final NI43-101 report to be posted on www.sedar.com for comparison).The Capire Project is in the final mine planning and permitting stage with initial pilot plant production planned for late 2011. When in production, Capire will be IMPACT's fourth active mining operation and a new production district. The orientation and shallow depth from surface of the mineralization will allow for open pit mining of a portion of the zone. The project is located 16 kilomters southwest of the Company's active mining and processing operations in the Royal Mines of Zacualpan Silver District. The new combined Measured and Indicated Mineral Resource Estimates at the Capire Deposit total 7.2 million oz. silver, 30,446 oz. gold, 95.6 million lbs. zinc and 37.2 million lbs. lead. The deposit remains open for expansion and drilling is resuming with a minimum 2,500m resource expansion program.A summary of the Capire Deposit by zone of the total classified Measured and Indicated Mineral Resources inventory and separately, Inferred Mineral Resources, based on a 3D geological model is as follows:Summary Table Classified Mineral Resources - Measured + Indicated and Separate Inferred\n\n-------------------------------------------------------------------\n|Zone |Classification |Tonnes |Ag |Au |Cu |Pb |Zn |\n|-----------------------------------------------------------------|\n| | | |(g/t)|(g/t)|(%) |(%) |(%) |\n|-----------------------------------------------------------------|\n| | | | | | | | |\n|-------------------------------------...