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IMPACT Silver Announces Q1 2026 Financial Results with Revenue Nearly Tripling to $31.2 Million and Record Net Income of $11.3 Million
Vancouver, British Columbia--(Newsfile Corp. - May 20, 2026) - IMPACT Silver Corp. (TSXV: IPT) (OTCQB: ISVLF) ("IMPACT" or the "Company") is pleased to report financial and operating results for the first quarter ended March 31, 2026.Revenue increased to $31.2 million, nearly three times $10.7 million in Q1 2025, driven by higher silver prices, higher grades, and increased mill throughput at the Zacualpan Silver Operation. Gross profit grew almost ten-fold to $20.3 million, from $2.2 million in.
About this update from Impact Silver Corp.
Vancouver, British Columbia--(Newsfile Corp. - May 20, 2026) - IMPACT Silver Corp. (TSXV: IPT) (OTCQB: ISVLF) ("IMPACT" or the "Company") is pleased to report financial and operating results for the first quarter ended March 31, 2026. Fred Davidson, President & CEO of IMPACT, stated, "This is the kind of quarter we have been working toward for a long time. Revenue nearly tripled, gross profit grew almost tenfold, and we delivered our strongest quarterly net income in the history of the Company — all while continuing to invest in development and exploration. The silver price environment is clearly part of the story, but the bigger story is what is happening on the ground at Zacualpan: higher grades, higher throughput, and the meaningful contribution from our newly developed Kena Vein. At Plomosas, we reduced expenditures by making the disciplined decision to temporarily suspend underground mining while we work toward a more efficient and sustainable operating plan, and we are in advanced-stage discussions on toll-milling arrangements with nearby third-party operators that we believe can generate cash flow during the suspension. IMPACT is in the strongest financial position in its history, with the resources to optimize Zacualpan, advance Plomosas, and pursue new opportunities in Mexico." Q1 2026 Review Zacualpan Silver-Lead-Zinc Operation Revenue from Zacualpan increased to $29.3 million in Q1 2026 from $7.2 million in Q1 2025 on realized silver prices of $77.91 per ounce, compared to $$31.51 per ounce in Q1 2025. Operating expenses at Zacualpan were $6.7 million in Q1 2026, up from $4.8 million in Q1 2025 on higher throughput, underground development expenses, and inflationary pressures. Gross profit from Zacualpan rose to $22.3 million, compared to $2.2 million in the same period last year. In Q1 2026, the Guadalupe mill processed 37,922 tonnes of mill feed at the Zacualpan/Guadalupe complex, representing an 8% increase from 35,012 tonnes in Q1 2025. Silver production at the Guadalupe complex totaled 268,470 ounces in Q1 2026, an 80% increase from 149,449 ounces in the same period last year, with the average silver grade increasing 60% to 251 grams per tonne ("g/t"). Subsequent to quarter end, IMPACT reported initial drill results from the north extension of the Carlos Pacheco Vein, including 114.5 g/t gol...
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