The market likes this NRIMPACT SILVER DRILLS 1,078g/t SILVER OVER 3.27 METERS AT NOCHE BUENA
10:52 AM ET, December 7, 2009
Dec 07, 2009 (TheNewswire.ca via COMTEX) --(via Thenewswire.ca)
IMPACT Silver Corp. ("IMPACT") is pleased to announce further assaysfrom its drill program on the Noche Buena Vein System located fourkilometers southwest of IMPACT's Guadalupe processing plant in theprolific Royal Mines of Zacualpan Silver and Gold District of centralMexico. Previous news releases included intersections of 204g/t silveracross 8.5 meters (see news release dated January 26, 2009), 280g/tsilver across 4.5 meters (see news release dated April 08, 2009),158g/t silver across 13.5 meters (see news release dated July 21, 2009)and production plans starting in 2010 (see news release dated September24, 2009).
Drill holes reported here are located on the most northerly sectionsdrilled to date. Exploration on this northerly trending, west dippingSilver-Gold vein has consisted of holes drilled on a 50-meter by50â??meter drill pattern designed to systematically explore and buildtonnage. To date drilling has defined the main zone over a strikelength of 400 meters, to a depth of 100 meters and an average width of3 meters.
RECENT NOCHE BUENA DRILL INTERSECTIONS
DRILL Vein FROM TO INTERSECTION SILVER GOLD
HOLE Name (m) (m) (m) (g/t) (g/t)
SECTION 1400N
Z09-39 Noche Buena 52.05 55.83 3.78 499 0.14
Including: 52.75 55.65 2.90 618 0.17
Z09-40 Noche Buena 91.50 95.55 4.05 116 0.09
Z09-40 "Other Vein" 72.80 77.00 4.20 186 0.11
Z09-41 Noche Buena 101.91 105.44 3.53 154 0.16
Including: 102.68 103.75 1.07 360 0.29
Z09-41 "Other Vein" 87.25 94.55 7.30 318 0.21
SECTION 1450N
Z09-42 Noche Buena 68.90 72.90 4.00 124 0.08
Z09-42 "Other Vein" 43.26 44.57 1.31 215 0.13
Z09-43 Noche Buena 74.46 77.43 2.97 240 0.08
Z09-43 "Other Vein" 46.23 49.50 3.27 1,078 0.48
Including: 48.55 49.50 0.95 2,460 0.99
Z09-43 "Other Vein" 86.32 91.87 5.55 132 0.10
The "Other Vein" intersections listed in the table are various veinsintersected above and below the main Noche Buena Vein. It is likelythat with more detailed production drilling some of these "Other Veins"may contribute additional production tonnages to the Noche Buena Mineoperation. Two additional holes drilled on Section 1500N returned lowassays; however, in a large old production size former mine workinglocated 100 meters north of Section 1500N, a continuation of the NocheBuena Vein was encountered with elevated silver values. Furtherdrilling is planned on the Noche Buena Vein which has been tracedthrough prospecting for an additional four kilometers to the south. Nodetailed field work has of yet been undertaken to determine itsnorthern extent. A long section with all drill results to date for theNoche Buena Zone will be posted on the company website at www.IMPACTSilver.com.
NOCHE BUENA PRODUCTION PLANS
IMPACT recently announced a positive production decision at theNoche Buena Vein System with initial commercial production expected inApril 2010, subject to timely receipt of permits. Initial production isplanned at 100 tonnes per day, to be increased incrementally. IMPACT'soperating processing plant at Guadalupe, located a short haulingdistance away, is being upgraded through a modest capital expenditureto accommodate the additional Noche Buena throughput.
The Noche Buena Project will be the third new mine that has beentaken from discovery to production by the technical team since 2004.From the time first assays were received from the discovery drill hole(January 2009) to projected commercial production (April, 2010),approximately 15 months will have elapsed. This ability to fast tracknew mines into production is a cornerstone of IMPACT's plans to rapidlygrow silver production in the Zacualpan-Mamatla Districts.
Brian Hall, P. Geo., Wojtek Jakubowski, P. Geo. and Nigel Hulme, P.Geo., Qualified Persons under the meaning of Canadian NationalInstrument 43â??101, are responsible for the technical content of thisnews release.
IMPACT Silver Corp. is a profitable silver-focused mining andexploration company operating in Mexico with a producing silveroperation at the Royal Mines of Zacualpan, the adjacent200-square-kilometer advanced Mamatla Mineral District and a portfolioof projects with an option on a producing mill at Zacatecas.
On behalf of the Directors of IMPACT Silver Corp.,
"Frederick W. Davidson" For further information, please contact:
President and Chief Executive Officer Darrell Rader, Corporate Development
The TSX Venture Exchange does not accept responsibility for the adequacy or accuracy of this news release.
1100 - 543 Granville Street Telephone 604 681 0172
Vancouver, BC V6C 1X Facsimile 604 681 6813
www.impactsilver.cominquiries@impactsilver.com
Copyright (c) 2009 Thenewswire.ca - All rights reserved.