Impact Silver - CEO, Fred Davidson.
CEO, Fred Davidson.
Source: Financial Post.
  • IMPACT Silver (IPT) has drilled up to 12.97 m of 487 g/t silver at its Veta Negra property in Mexico
  • Additional phase two drilling highlights include 19.85 m of 257.53 g/t silver
  • The company is planning a phase 3 drill program to test the northern extension Veta Negra vein systems to depth
  • IMPACT is a gold and silver developer with two processing plants and mineral concessions covering 211 sq. km in central Mexico
  • IMPACT Silver (IPT) is up by 4.6 per cent trading at $0.455 per share

IMPACT Silver (IPT) has drilled up to 12.97 m of 487 g/t silver at its Veta Negra property.

It also reached up to 0.63 g/t gold, 1.83 per cent lead and 4.65 per cent zinc.

The results, from phase two drilling, comprise eight holes (1,221 m) testing mineralization below and to the south of the operating open pit.

Highlight results are listed below:

Hole IDFrom (m)To (m)Interval (m)True width(m)Ag g/tAu g/tPb %Zn %Vein
Z21-3823.0531.608.556.88427.820.250.591.46El Socorro
Z21-3846.8548.041.190.97237.020.100.521.35El Socorro splay
Z21-394.5017.5013.0012.97487.000.260.250.45Veta Negra
Z21-3955.7557.301.551.33294.770.090.280.55San Roberto
Z21-4011.4514.903.450.60260.940.020.180.22El Socorro splay
Z21-4034.2036.552.351.35352.110.010.150.33El Socorro
Z21-4042.0045.303.301.46180.360.561.864.65San Roberto
Z21-416.1527.2421.0919.85257.530.060.120.27Veta Negra
Z21-4138.7041.602.902.12150.850.270.381.02El Socorro
Z21-41105.10106.601.501.09167.000.030.060.44San Roberto
Z21-4365.4569.153.703.16278.540.270.290.76El Socorro
Z21-44102.40105.302.901.80103.320.060.401.33El Socorro
Z21-46135.70138.703.002.29456.520.631.833.80El Socorro splay

IMPACT’s portable hydraulic rig is drilling in the San Ramon Mine area testing the southern extension of the Inmaculada Vein system.

The company is planning a phase 3 drill program to test the northern extension Veta Negra vein systems to depth.

IMPACT is a gold and silver developer with two processing plants and mineral concessions covering 211 sq. km in central Mexico.

IMPACT Silver (IPT) is up by 4.6 per cent trading at $0.455 per share as of 9:30 am EST.

More From The Market Online

Nine Mile Metals completes acquisition of 3 properties

Nine Mile Metals (CSE:NINE) completes the exercise and acquisition of its 100 per cent interest in three properties in New Brunswick.

Junior gold CEO signals conviction with new investment

Cynthia Le Sueur-Aquin, CEO of junior gold stock Laurion Mineral Exploration (TSXV:LME), will exercise 750,000 stock options for C$142,500.

Three stocks with multi-bagger potential

The best investors stick to stocks with the most easily discernible reasons in support of their multi-bagger potential.
Laurion Mineral Exploration Ishkõday gold project

Top-performing mining stock adds three new gold zones

Laurion Mineral Exploration (TSXV:LME), a top-performing junior gold stock, shares assay results from its 2024 drilling program in Ontario.