|November 25, 2013|
IMPACT Silver Reports a 33% Increase in Average Silver Grade and a 16% Increase in Silver Production for the Third Quarter of 2013
|IMPACT Silver Corp. ("IMPACT" or the "Company") announced today its financial results for the three months ended September 30, 2013. The information in this news release should be read in conjunction with the Company's unaudited condensed consolidated interim financial statements and Management's Discussion and Analysis, available on the Company website at www.impactsilver.com and on SEDAR at www.sedar.com. All amounts are stated in Canadian dollars unless otherwise specified. |
Fred Davidson, President and CEO, stated, "Our production performance during the third quarter was the strongest at year-to-date. With the new, high-grade Cuchara-Oscar Mine providing 27% of total mill feed to the Guadalupe Production Centre, which is now averaging 171 grams per tonne ("g/t") silver, our objective is to increase the overall silver head grade in the Zacualpan District to our historical average of 200 g/t in 2014. We have been able to increase our silver production and grades substantially from the third quarter of 2012, and we will continue to employ a disciplined and prudent approach to our mining and exploration work to position IMPACT to benefit and grow when the market recovers."
Overview for the Quarter Ended September 30, 2013
A recorded conference call reviewing the financial and production results of the three months ended September 30, 2013, will be available on the Company website on Tuesday, November 26, 2013, at www.impactsilver.com/s/ConferenceCalls.asp.
IMPACT Silver operates two silver production centres within its 100%-owned 623 km² land package in south-central Mexico: the Guadalupe Production Centre and the new Capire Production Centre. At Guadalupe, three underground silver mines feed the central 500-tpd processing plant located within the historic Royal Mines of Zacualpan Silver District. At Capire, the Company's first open-pit silver mine commenced initial pilot plant production at 200-tpd in early 2013. Additional information can be found on the Company website at www.IMPACTSilver.com.
On behalf of IMPACT Silver Corp.,
"Frederick W. Davidson"
President & CEO
For more information, please contact:
(604) 681 0172 or email@example.com
Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.
This IMPACT News Release may contain certain "forward-looking" statements and information relating to IMPACT that is based on the beliefs of IMPACT management, as well as assumptions made by and information currently available to IMPACT management. Such statements reflect the current risks, uncertainties and assumptions related to certain factors including but not limited to, without limitations, exploration and development risks, expenditure and financing requirements, title matters, operating hazards, metal prices, political and economic factors, competitive factors, general economic conditions, relationships with vendors and strategic partners, governmental regulation and supervision, seasonality, technological change, industry practices, and one-time events. Should any one or more risks or uncertainties materialize or change, or should any underlying assumptions prove incorrect, actual results and forward-looking statements may vary materially from those described herein. IMPACT does not assume the obligation to update any forward-looking statement.
1100-543 Granville Street
Vancouver, BC, Canada V6C 1X8
Telephone 604 681-0172
Facsimile 604 681-6813
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