- IMPACT Silver (IPT) has announced the results of its underground drilling program in the Pachuqueno area of its Guadalupe Mine
- Drilling highlights include 3.38 metres of 2,186 g/t silver and 6.04 metres of 464 g/t silver in the Carolina vein
- Current drilling tested extensions of previously mined veins but also discovered new veins not previously mined
- The IMPACT mining team continues to push west and north to re-open access to more veins in the historical Pachuqueno area
- IMPACT Silver is a successful silver-gold explorer and producer with two processing plants in central Mexico
- Impact Silver Corp. (IPT) is up 3.51 per cent, trading at $0.59 per share
IMPACT Silver (IPT) has announced the results of its underground drilling program in the Pachuqueno area of its Guadalupe Mine.
The Guadalupe Mine is located in the Royal Mines of Zacualpan District, Mexico. The Pachuquno area in the west workings of the Guadalupe Mine is host to a swarm of veins that were last mined over 30 years ago.
Current drilling tested extensions of previously mined veins but also discovered new veins not previously mined.
All vein intersections are located close to existing mine infrastructure, favourable for near-term mining, and remain open for expansion.
Drilling highlights include 3.38 metres of 2,186 g/t silver and 6.04 metres of 464 g/t silver in the Carolina vein.
The company has been able to complete drilling faster and at a greater depth capacity with the help of a recently purchased underground diamond drill, allowing IMPACT to fully test the potential of Guadalupe’s multiple vein systems.
Recent improvements to the Guadalupe Mine’s infrastructure include the upgrading of the main shaft hoist and the refurbishing of the 900m underground railroad system on Level 195.
The IMPACT mining team continues to push west and north to re-open access to more veins in the historical Pachuqueno area workings.
IMPACT Silver is a successful silver-gold explorer and producer with two processing plants in central Mexico.
Over the past 15 years, IMPACT has produced over 10 million ounces of silver, generating revenues of over $200 million, with no long-term debt.
Impact Silver Corp. (IPT) is up 3.51 per cent, trading at $0.59 per share as of 1:13 pm ET.