Impact Silver Corp. announces its financial and operating results for the second quarter ended June 30, 2021. The Company reported $4.2 million in revenue for the second quarter of 2021, a 50% improvement year over year from $2.8 million in Q2 2020. Mine operating earnings before amortization and depletion in Q2 2021 increased to $1.3 million from $1.0 million in the prior year. Cash generated by operating activities [...]
Impact Silver Corp. is pleased to announce that it has completed Phase 1 of the Veta Negra drill program located 3.4 km northwest of IMPACT's 535 tonne per day Guadalupe processing plant in the Royal Mines of Zacualpan District, Mexico. "These results confirm what we have known for the last two years of open pit production at Veta Negra. There is a significant mineralization and prospective grades at shallow depths and [...]
Impact Silver Corp. announces its financial and operating results for the first quarter ended March 30, 2021. The Company reported $5.4 million in revenue for the first quarter of 2021, a 57% improvement year over year from Q1 2020's revenue of $3.4 million. Cash provided by operating activities improved to $1.3 million from $0.7 million in Q1 2020. Adjusted EBITDA increased 220% from $0.5 million in Q1 2020 to $1.6 [...]
Impact Silver Corp. is pleased to announce that it has received the report prepared by Condor Consulting, Inc. on analysis and interpretation of the geophysical surveys carried out in the 1990's over the Capire area of the Royal Mines of Zacualpan Project. The data analyzed included Induced Polarization , airborne Magnetometer, ground and airborne EM, and Airborne radiometric. Condor utilized leading edge Inversion [...]
Impact Silver Corp. announces its financial and operating results for the year ended December 31, 2020. The Company reported $2.3 million net income on $15.6 million in revenue for full year 2020 compared to a loss of $4.9 million on $13.3 million in revenue in 2019. The better results were primarily due to increased silver prices during the year, despite a temporary COVID-19 shut down earlier in the year. Mine operating [...]
This document corrects and replaces in its entirety the press release that was issued by Impact Silver Corp. , today, February 1, 2021 at 11:13 AM ET. The error occurred in the headline where it should have read, "IMPACT Silver Purchases Two Drills and Starts 10,000 Meter Drilling Program" instead of "IMPACT Silver Starts Exploration Drilling Program of 10,000 Meters at Zacualpan." Additionally, the Initial Press Release [...]
Impact Silver Corp. is pleased to announce its commitment to a minimum 10,000-meter drill program for its various Mexican silver projects. Drilling is scheduled to start during the last week of February at the Royal Mines of Zacualpan district. As part of this program, several targets will be drilled on 100% IMPACT-owned concession in Zacualpan. The Company expects the program to last throughout first quarter of 2021 and [...]
Impact Silver Corp. is pleased to announce that it has contracted Condor Consulting to re-interpret data from extensive historic geophysical surveys carried out over the southern portions of the large Royal Mines of Zacualpan Project in central Mexico. This area hosts the Capire open pit silver deposit, the Manto America bulk tonnage gold target and many other exploration areas. The historic data sets include IP [...]
Impact Silver Corp. announces its financial and operating results for Q3 2020, period ending September 30, 2020. The Company reported $4.8 million in revenues for Q3 2020 compared to 2019 at $3.5 million due to improved metal prices and ongoing operational efficiencies. Most notably, the Company delivered strong net income of $0.9 million, and EBITDA of $1.4 million, representing a 28% EBITDA margin. This is a stark [...]
Impact Silver Corp. is pleased to announce the commencement of a 900 meter trenching program on the Manto America gold target area of the Royal Mines of Zacualpan District, Mexico. IMPACT operates producing silver mines in the district but the centre of the district is marked by gold mineralization which includes the bulk tonnage Manto America target. The Manto America area hosts the strongest gold-in-soil geochemical [...]
Impact Silver Corp. announces that it has executed an arm's length Letter of Intent to option the Nuevo Taxco Project to Red Oak Mining Corp. under which Red Oak will undertake exploration of a portion of IMPACT's very large land position in Mexico. CEO and President of IMPACT Silver, Fred Davidson, comments, "While IMPACT exploration focuses on near-term increases to mine area tonnage and brownfield opportunities [...]
Impact Silver Corp. is pleased to announces its financial and operating results for the year ended June 30, 2020. The Company reported $2.84 million in revenue for the first quarter of 2020 compared to Q2 2019 at $2.76 million with improved grades and higher silver prices realized during the quarter. This is impressive considering half the quarter was formally shut down due to the official Mexican decree to suspend [...]