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Impact Silver Corp.

Operations

Mine - Cuchara-Oscar

San Ramon Mine Cuchara-Oscar Mine Guadalupe Mine Veta Negra Mine

The Cuchara-Oscar Mine is the fourth underground silver mine taken from discovery to production at the Royal Mines of Zacualpan Silver District by the IMPACT team. Cuchara-Oscar encompasses a corridor of high grade silver veins located 2.5 kilometers east of the Guadalupe Production Centre. Mining is currently on the Marqueza, Santa Lucia and Oscar Veins with plans to expand production to other veins in the system including the Condesa, Resguardo and Maria de Jesus Veins..

The mine has three entrances: the Oscar and Pardo Mine entrances to access the upper levels of the veins and the Cuchara Mine entrance which provides access to a historic mine ramp that extends to a depth of 240 meters below surface and provides low cost access to lower levels of the mine complex.

History


The Cuchara Mine Complex is one of many historic mining camps located within IMPACT's extensive land holdings in the Royal Mines of Zacualpan Silver District. The first record of mining and processing in the Cuchara area dates back to 1597. The veins currently being mined and explored are extensions of those historic veins as well as new discoveries resulting from systematic field work in the area by IMPACT technical personnel.

Exploration


IMPACT's exploration team first intersected high grade silver veins at the Cuchara-Oscar in 2011 and at the Santa Lucia zone in 2009. Exploration is continuing on extensions to Cuchara area veins to the north, south and southwest.

Drill Program Highlights

First Phase Drill Highlights from the Cuchara-Oscar
See News Release dated October 20, 2011 for complete details

Drill
Hole		 Section From
(m)		 To
(m)		 Intersection
(m)		 Silver
(g/t)		 Gold
(g/t)		 Lead
(%)		 Zinc
(%)
 
Z11-35 18+50N 79.88 81.20 1.32 156 0.00 0.0 0.2
And   145.90 146.25 0.35 2,860 0.35 1.6 4.6
 
Z11-36 18+50N 203.30 205.63 2.33 109 0.11 1.0 1.6
 
Z11-37 18+50N 183.95 189.20 5.25 108 0.19 0.2 0.4
Including   183.95 186.08 2.13 178 0.40 0.4 0.8
 
Z11-38 18+50N 97.72 103.70 5.98 197 0.02 0.2 0.5
Including   100.47 100.92 0.45 1,310 0.11 1.3 4.0
 
Z11-39 19+00N 62.15 63.70 1.55 285 0.01 0.2 0.3
 
Z11-40 19+00N 59.45 61.45 2.00 165 0.01 0.1 0.4
And   120.25 124.75 4.50 136 0.08 0.3 0.9
Including   120.25 120.80 0.55 414 0.16 0.4 1.8
 
Z11-41 19+00N 72.35 74.05 1.70 64 0.00 0.1 0.6
Including   72.35 72.55 0.20 246 0.02 0.3 3.4
 
Z11-42 19+50N 32.40 39.90 7.50 76 0.09 0.2 0.6
Including   32.40 34.55 2.15 162 0.28 0.6 1.5
 
Z11-43 19+50N 5.05 6.18 1.13 69 0.01 0.1 0.2
 
Z11-44 19+50N 51.80 82.45 30.65 291 0.01 0.1 0.4
Including   51.80 59.25 7.45 780 0.02 0.4 1.1
Including   51.80 52.10 0.30 6,730 0.20 1.5 8.0
Including   55.50 55.95 0.45 4,240 0.06 2.1 6.8
Including   64.60 70.40 5.80 398 0.03 0.2 0.4
Including   68.25 68.95 0.70 1,290 0.06 0.2 1.3
And   139.45 146.80 7.35 244 0.07 0.5 0.9
Including   140.45 144.45 4.00 380 0.08 0.7 1.3


First Phase Drill Highlights from the Cuchara-Oscar - Continued
See News Release dated October 26, 2011 for complete details

Drill
Hole
Section
From
(m)
To
(m)
Intersection
(m)
Silver
(g/t)
Gold
(g/t)
Lead
(%)
Zinc
(%)
Z11-45
18+00N
118.30
118.60
0.30
530
0.02
0.2
0.2
 
 
And
130.20
132.50
2.30
119
0.00
0.1
0.4
Including
130.20
130.80
0.60
362
0.01
0.4
1.2
 
Z11-46
17+50N
92.10
97.75
5.65
1,007
0.07
0.5
1.1
Including
96.70
97.75
1.05
4,580
0.26
1.7
4.0
 
 
 
And
108.95
111.70
2.75
1,128
0.51
0.9
1.4
Including
109.70
110.80
1.10
2,630
0.40
0.8
2.2
 
 
 
And
135.65
137.60
1.95
111
0.01
0.1
0.5
Including
135.65
135.95
0.30
537
0.05
0.5
3.1
 
Z11-47
17+50N
116.60
122.40
5.80
122
0.01
0.1
0.2


Second Phase Drill Highlights from the Cuchara-Oscar
See News Release dated April 23, 2012 for complete details

Drill
Hole
Section
From
(m)
To
(m)
Interval
Silver
(g/t)
Gold
(g/t)
Lead
(%)
Zinc
(%)
 
Z11-55
19+50N
21.80
22.85
1.05
435
0.01
0.15
0.24
Z11-61
19+50N
256.20
257.16
0.96
216
1.71
11.03
19.73
Z11-64
20+00N
36.60
43.20
6.60
223
0.08
0.18
0.52
including
36.60
37.40
0.80
1,270
0.23
0.86
1.66
and
137.25
138.25
1.00
468
0.13
1.67
1.28
Z11-69
20+00N
0.70
3.35
2.65
408
0.62
0.73
1.12
and
71.05
72.10
1.05
536
0.17
1.67
3.20
Z11-71
20+00N
97.60
98.60
1.00
234
0.74
11.25
13.55
Z11-74
20+50N
21.35
22.35
1.00
1,875
0.74
2.65
6.88
and
90.00
91.24
1.24
835
0.12
1.28
1.78
Z11-76
20+50N
42.53
56.45
13.92
80
0.98
1.03
1.44
including
42.53
44.24
1.71
220
0.41
1.76
1.57
including
46.79
48.29
1.50
299
0.35
3.22
5.72
including
53.96
56.45
2.49
71
4.79
1.84
1.66
Z11-78
20+50N
102.15
103.70
1.55
250
0.02
0.01
0.03
Z12-05
17+00N
92.50
97.60
5.10
234
0.05
0.14
0.49
including
95.55
96.55
1.00
444
0.12
0.26
0.92
Z12-06
18+00N
86.25
87.15
0.90
564
0.01
0.16
1.22
Z12-08
19+00N
22.36
45.75
23.39
115
0.02
0.12
0.36
including
22.36
23.85
1.49
510
0.06
0.36
1.27
including
44.50
45.75
1.25
297
0.08
0.36
0.87
Z12-09
19+00N
118.15
121.15
3.00
272
0.20
0.90
2.44
Z12-12
18+50N
153.45
153.95
0.50
346
0.03
0.242
0.88


Photo Gallery

IMG_5638
IMG_5638
Mineralization within the Cuchara-Oscar Mine
IMG_5640
Jumbo drill in Cuchara Mine

IMG_5645
Cuchara Mine ramp
IMG_5652
Oscar Mine entrance
IMG_5654
Inside Oscar Mine

Please click here to view all photos in the IMPACT Silver Photo Gallery

Related News Releases
February 19, 2013   IMPACT Silver Commences Production at the Cuchara-Oscar...
November 19, 2012   IMPACT Silver Drills 312 grams per tonne silver across 2.87 meters at La C...
April 23, 2012   IMPACT Silver Intersects 1,875 g/t Silver across 1.00 meters and 115 g/t S...
January 23, 2012   IMPACT Silver 2011 Exploration Review and 2012 Outlook...
October 26, 2011   IMPACT Silver Intersects Additional High Grade Silver: 1,007g/t Silver acro...
October 20, 2011   IMPACT Silver Intersects New High Grade Silver Veins at Oscar Project...
June 07, 2011   IMPACT Silver Receives Final Drill Results From GCC (Golondrinas, Cuchara, ...
December 16, 2009   IMPACT Intersects 466 G/T Silver Over 3.2 Meters At Santa Lucia...
October 06, 2009   Impact Reports Initial Drill Results From Santa Lucia Silver Veins...