In January 2016 IMPACT celebrated 10 years of continuous production at the Royal Mines of Zacualpan Silver District culminating in a record breaking year of production in 2015. Since 2006 IMPACT Silver has grown from a grassroots exploration company into a significant silver producer with control of nearly two contiguous mineral districts in south-central Mexico - the Royal Mines of Zacualpan Silver District ("Zacualpan") and the Capire-Mamatla Silver District ("Capire") together covering 357 square kilometers with over 4,500 historic silver mines. The Capire area is located adjacent to and southwest of Zacualpan. IMPACT owns and operates the 500-tonne-per-day ("tpd") Guadalupe Production Centre in Zacualpan and the 200-tpd Capire pilot plant and open pit mine at its Capire Production Centre (currently on care and maintenance), located 16 kilometers southwest of Zacualpan. The Company currently operates three producing silver mines which feed the Guadalupe plant: the underground San Ramon Deeps Mine, Mirasol Mine and Cuchara-Oscar Mine.
IMPACT is carrying out a continuous three-part program of exploration, development and mine production. As a part of this process, management has established four key objectives for the development of the districts:
- Continue to expand, upgrade and optimize production with a focus on higher grade zones to optimize cash flows.
- Optimize cost and operational controls
- Continue exploration across the large 357-square-kilometer land package, focusing on discovery and definition of additional high grade mineral for future mining. 4. In the longer term, management also intends to produce gold and copper from Carlos Pacheco South and San Juan zones, and to re-evaluate the Capire open pit silver mine when silver prices improve.
IMPACT has a track record of successful exploration and rapid mine development. The Company's long term vision sees potential for establishing multiple mills throughout the two districts, each fed by multiple mines producing silver-lead-zinc as well as gold and copper.
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- 2015 saw record and increasing silver production