🕐19.10.10 - 19:54 Uhr
Impact Silver Intersects 1,045 g/t Silver Across 1m At Golondrinas Project Area, Mexico
=======================================================================
Re: News Release - Tuesday, October 19, 2010
Impact Silver Intersects 1,045 g/t Silver Across 1m At
Golondrinas Project Area, Mexico
=======================================================================
IMPACT Silver Corp ("IMPACT") is pleased to announce results from the
first 12 drill holes of the first phase drill program for the
Golondrinas Project area in the 623-square-kilometer Royal Mines of
Zacualpan Silver District of Mexico.
Significant intersections include
2,120 g/t Ag across 0.46 meters (Drill Hole Z10-22) and 289.5 g/t Ag
across 4.45 meters (Drill Hole Z10-15).
The Golondrinas Project area
is located three kilometers southeast of IMPACTs 500-tonne-per-day
Guadalupe processing plant with very good road infrastructure.
This
drilling is part of a previously announced 5,000 m
Golondrinas-Chontalpan-Cuchara (GCC) Sector drill program (see IMPACT
news release dated July 27, 2010).
Significant results of the first 12 exploratory holes at Golondrinas on
four target areas are summarized below:
This message has been truncated, please view it on our website at:
http://www.impactmin.com/s/NewsReleases.asp?ReportID=423886
These first 12 holes for the Golondrinas Area intersected five
different closely spaced veins (Golondrinas, La Obra I, La Obra II, La
Blanca and El Colorin II) that have silver-lead-zinc intersections of
interest.
An additional seven drill holes have been completed at
Golondrinas; assays are pending and additional drilling is planned once
assays for all holes have been received and interpreted.
Additional
background information and technical details specific to the
Golondrinas Project Area were provided when drilling commenced (see
IMPACT news release dated August 19, 2010).
Based upon the encouraging assays IMPACT received from the Chontalpan
first phase of drilling from both the Loma Larga and Chontalpan
Mine-Northwest target areas (see IMPACT news release dated September
15, 2010), it was decided to immediately move the drill back to the
Chontalpan Project area (located 2 kilometers east of Golondrinas) in
order to commence a second phase of drilling with the purpose of
expanding the previously encountered mineralization in both areas and
build tonnage for possible mining.
The first hole for this second
phase program will be located 50 meters northwest of Drill Hole Z10-10,
where 402.6 g/t silver over 2.14 meters was drilled during the first
phase in the Loma Larga area.
The objective is to extend the strike
length of the mineralization to the northwest along the Chontalpan Vein
System.
It is the intention of IMPACT to return to the Golondrinas
area upon completion of the Chontalpan second phase drilling.
Brian Hall, P.
Geo.
and Nigel Hulme, P.
Geo., Qualified Persons under
the meaning of Canadian National Instrument 43 101, are responsible for
the technical content of this news release.
IMPACT Silver Corp.
is a profitable silver-focused mining and
exploration company operating in Mexico with a producing silver
operation at the 623-square-kilometer Royal Mines of Zacualpan
District, the adjacent 200-square-kilometer advanced Mamatla Mineral
District and a portfolio of projects with an operational processing
plant at Zacatecas.
Additional information including a drill map of the
Chontalpan Project Area can be found on the Company website at
www.IMPACTSilver.com .
On behalf of the Directors of IMPACT Silver Corp.
"Frederick W.
Davidson"
President & CEO
For further information, please contact:
Sunny Pannu, Investor Relations
604 681 0172 or via email at
The TSX Venture Exchange does not accept responsibility for the
adequacy or accuracy of this news release.
=======================================================================
Copyright (c) 2010 IMPACT SILVER CORP.
(IPT) All rights reserved.
For
more information visit our website at http://www.impactsilver.com/ or
send mailto:
=======================================================================
Products & Services | Jobs
|