IMPACT Silver Corp. announced second phase drill results from the San Juan Project, located 150 meters north of its producing Noche Buena Mine and four kilometers southwest of its 500-tpd (tonne-per-day) Guadalupe Production Centre. The San Juan Project area encompasses a series of large old mine workings containing multiple working levels that previously exploited the gold-rich Carlos Pacheco Vein within the Valle de Oro sub-district of the Royal Mines of Zacualpan Silver-Gold District of central Mexico.

Noche Buena and Carlos Pacheco Veins are parallel structures that outcrop approximately 170 meters apart, striking north-northwest and dipping to the west. Highlights from these new San Juan Project drill results include: Additional high grades for silver in the Noche Buena Vein encountered in hole Z13-60: 1,587.8 g/t silver over 1.72 meters true width as well as significant intersections in holes Z13-62, Z13-64, Z13-65 and Z13-67. Additional high grades for gold in the Carlos Pacheco Vein encountered in hole Z13-67: 3.439 g/t gold over 7.17 meters true width, which includes a higher grade interval of 39.20 g/t gold over 0.53 meters true width; other wide intersections of gold-silver-lead-zinc-copper mineralization for the Carlos Pacheco Vein were intersected in holes Z13-47 (3.08 m), Z13-48 (4.14 m), Z13-50 (3.81 m) and Z13-66 (5.11 m).

The discovery of a number of new silver-gold-lead-zinc structures such as the Tiburón and Delfin Breccias; the Cangrejo, La Jaiba and Langostino Veins, plus a significant extension to the Abulón Vein, all of which were encountered in the near-surface portions of drill holes intended to explore the deeper portions of the Carlos Pacheco Vein. Significant intersections for the Tiburón Breccia include 179.4 g/t silver over 5.10 m true width in hole Z13-59 and 160.0 g/t silver over 3.62 m true width in hole Z13-67, with the Abulon Vein returning 105.8 g/t silver over 3.27 m true width in hole Z13-64 and 214.7 g/t silver over 2.29 m true width in hole Z13-65.