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IMPACT Silver Corp.

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Summary

Project:

San Ramon Mine

Deposit:Deeps Zone
Location:Mexico
Commodities:Silver-Gold-Lead-Zinc
Date:12/13/2016
Report Code:NI43-101
Report Type:Exploration/Drilling Update
Project Stage:Active Mining & Production
Report details:13-12-2016: IMPACT Silver Corp. announces an Exploration/Drilling Update report for its Deeps Zone deposit at the San Ramon Mine project. Drilling results incl. 4.93m @ 354g/t Ag, 0.20g/t Au, 0.21% Pb, 0.56% Zn from 99.13m. VANCOUVER, Dec. 13, 2016 /CNW/
Resources:(not mentioned in this report)
CP/QP:[Overall Report]: Wojtek Jakubowski, George Gorzynski (Not stated)
ABSTRACT:VANCOUVER, Dec. 13, 2016 /CNW/ - IMPACTSilver Corp. ("IMPACT" or the "Company") is pleased to announce more high-grade drill results for silver from the Deeps Zone of the San Ramon Mine in central Mexico. These new drill intersections are located at depth below previously reported drill intersections. Additional holes have been drilled and results are pending. The zone remains open for expansion down dip, up dip and to the north. Drilling will resume when construction of a new underground drill station is completed on Level 22 (currently the deepest level in the mine) to enable drill testing of the zone to greater depths. Highlights of previous drill intersections at San Ramon Deeps included 14.82 meters of 481g/t silver and 21.74 meters of 271g/t silver (see IMPACTSilver news releases dated May 5, 2016, March 2, 2016 and January 12, 2016 for details of previous drilling). The San Ramon Mine is located five kilometers southeast of IMPACT's 500 tonne per day Guadalupe processing plant in the Royal Mines of Zacualpan District of central Mexico. The mine commenced production in 2006, and since then mining has occurred on 22 working levels over a vertical distance of 260 meters. IMPACT discovered this deeper zone of high-grade mineralization in 2014 and began mining soon after. Since then this zone has been largely responsible for the higher silver grades reported by IMPACT's Guadalupe mill and accounts for 40% of IMPACT's current production. To date this deep vein has been exposed in mine workings on Levels 16.5, 18, 19, 20, 21 and 22 over a length of 180 meters. The recent drilling outlined the vein to a vertical distance of 35 to 60 meters below the current mine workings. (For a section of the San Ramon Deeps Zone and drill holes, see the San Ramon Mine slide in the PowerPoint presentation on the company website at www.IMPACTSilver.com).

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