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    Corporate Presentation Corporate Presentation Presentation Transcript

    • CORPORATE PRESENTATION OCTOBER 2011 IPT TSX-V
    • CAUTIONARY DISCLAIMER Except for historical information, this presentation may contain forward-looking statements. These statements involve known and unknown risks, uncertainties, and other factors that may cause the Company’s actual results, levels of activity, performance or achievements to be materially different from any future results, levels of activity, performance or achievement expressed or implied by these forward-looking statements. The factors that could cause actual results to differ materially include, but are not limited to, the following: general economic conditions; changes in financial markets; the impact of exchange rates; political conditions and developments in countries in which the Company operates; changes in the supply, demand and pricing of the metal commodities which the Company mines or hopes to find and successfully mine; changes in regulatory requirements impacting the Company’s operations; the ability to properly and efficiently staff the Company’s operations; the sufficiency of current working capital and the estimated cost and availability of funding for the continued exploration and development of the Company’s exploration properties. This list is not exhaustive and these and other factors should be considered carefully, and readers should not place undue reliance on the Company’s forward-looking statements. As a result of the foregoing and other factors, no assurance can be given as to any such future results, levels of activity or achievements and neither the Company nor any other person assumes responsibility for the accuracy and completeness of these forward-looking statements. George Gorzynski, P.Eng., a Qualified Person under the meaning of Canadian National Instrument 43-101,is responsible for the technical information in this presentation. 2
    • PROJECT LOCATION• Two Adjacent Mineral Districts: The 423 sq km Royal Mines of Zacualpan & 200 sq km Mamatla Silver Districts are located in the southern portion of the Mexican Silver Belt 3
    • PROJECT OVERVIEW • 100% owned 623 km2 districts • District production began 1527 • 1975-2009 over 34 million Silver equivalent ounces produced • 2,000+ old mine workings in GIS database (July 2011) 4
    • SUMMARY OF EXISTING OPERATIONS Excellent • Modern power grid • No environmental issues • Paved highway access • No security issues Mining • Abundant water supply • 3 hour drive from Mexico City Environment • Trained work force Existing Facilities • Three mines feed a central 500 tpd processing plant: currently at 419 tpd • Have 200 tpd pilot plant for Capire mine expansion Proven Track • Took ownership in 2006 and been profitable annually ever since Record • Silver production increased from cash flow by 209% from 2007-2010 with low cost production (avg. $60 per tonne) • Revenue per production tonne sold increased by 37% while direct costs per tonne marginally increased by 15% (fiscal years 2008-2010) 6 Months Ended June 30th 2011 Dec 31st 2010 Dec 31st 2009 Dec 31st 2008Silver Production (oz) 485,331 750,259* 823,571 645,668Lead (t) 395 734 969 813Zinc (t) 686 1,212 1,098 1,053Revenue per production tonne sold $201.93 $123.25 $109.51 $89.89Direct cost per tonne produced $74.35 $63.29 $60.39 $54.80 *Silver production was marginally down 9% because the Company revised cut-off grades and mined more medium grade ore because of high Silver prices during the fiscal year. 5
    • GUADALUPE 500 TPDPROCESSING PLANT • Continuing upgrades to optimize 500 tpd capacity 6
    • GROWTH STRATEGY Become a Multi-million Ounce Silver Producer With Multiple Production Centres 1. GUADALUPE MINING & PROCESSING CENTRE • Main production area 2. CAPIRE MINING & PROCESSING CENTRE • Next development project • New open pit mine 1 3. HUATECOSCO GOLD & SILVER EXPLORATION PROJECT 3 • Expand on gold mineralization targets 4 4. SOUTHEAST EXPLORATION 2 PROJECT • Early stage exploration 7
    • 1. GUADALUPE MINE &PROCESSING CENTREThree mines feed the 500 tpd Guadalupe Processing Plant CHIVO MINE • Flagship mine SAN RAMON MINE • High grade epithermal silver vein with recent discovery of large stockwork zone NOCHE BUENA MINE • Newest addition to production profile, commenced in April 2010 8
    • CHIVO MINE• Chivo is IMPACT Silver’s flagship producing mine• Discovered in late 2005, commenced production in November 2007• Rapid mine development: production within 24 months• High grade epithermal Silver vein with by-product Lead & Zinc• Main producing mine Scoop Tram hauling CHIVO MINE ore from Chivo Mine Drilling Highlights CHIVO MINE Drilling Highlights Drill Hole Est. TW (m) Ag (g/t) Ag (oz/t) Au (g/t) Zn (%) Pb (%) Drill Hole Est. TW (m) Ag (g/t) Ag (oz/t) Au (g/t) Zn (%) Pb (%)Z08-13 1.9 3,902 114 1.34 3.96 2.16Z08-13 1.9 3,902 114 1.34 3.96 2.16 Including 0.6 11,463 334 3.46 10.25 5.02 Including 0.6 11,463 334 3.46 10.25 5.02Z08-25 3.2 3.2 865 865 25 25 0.41 0.41 3.73 3.73 3.90 3.90 Including Including 1.6 1.6 1,765 1,765 51 51 0.81 0.81 6.42 6.42 7.56 7.56Z08-11 3.2 793 23 0.21 4.23 3.27Z08-11 3.2 793 23 0.21 4.23 3.27 Including 1.1 1,792 52 0.46 8.73 7.25 Including 1.1 1,792 52 0.46 8.73 7.25 9
    • SAN RAMON MINE• San Ramon is located 1.3 km south of Chivo Mine• High grade epithermal silver vein with historic grades of 5,000 g/t silver in upper levels• Restarted mining at San Ramon in 2008• Expansion of production now starting based on discovery of 20m wide stockwork zone on Level 5 San Ramon Mine Portal 10
    • NOCHE BUENA MINE Noche Buena Mine Portal• Discovery hole drilled in December 2008• Initial production achieved in March 2010• Rapid development: production NOCHE BUENA SILVER ZONE within 15 months Drilling Highlights Drill Hole True Width (m) Ag (g/t) Au (g/t) Z09-43 3.2 1,078 0.5• Open for expansion will goal to Including 0.9 2,460 0.9 become main producer Z09-39 3.8 497 0.1 Z09-39 3.7 499 0.1 Including 2.9 618 0.1 Z09-27 4.0 368 0.3 Z09-20 4.6 280 0.3 Z09-12 4.0 319 2.0 11
    • 2. THE NEXT MINING DISTRICT -CAPIRE VMS SUBDISTRICT • Pilot Plant operations planned for early 2012. • Initial target ~300K oz silver p.a. • Development Plan for full operating mine targeting expanded production pending drilling program results. 12
    • CAPIRE VMS SUBDISTRICT • 100% owned; 200 km2 District • NI 43-101 Mineral Resource Estimate on Capire Project • Northeast quadrant hosts gold and silver veins • Southeast quadrant hosts veins and VMS deposits • Numerous drill ready targetsRefer to Slide 4: Property Holdings Map. 13
    • NI 43-101 RESOURCE ESTIMATE Metal Content for Capire + Aurora 1 Ag (oz) Au (oz) Cu (lbs) Pb (lbs) Zn (lbs) Measured 3,529,969 14,146 3,389,275 18,234,678 46,140,820 Indicated 3,694,066 16,300 3,693,733 19,029,800 49,522,173 Measured & 7,224,035 30,446 7,083,007 37,264,478 95,662,993 Indicated Inferred 435,959 1,919 475,594 2,260,089 5,823,490 Summary Table Classified Mineral Resources – Measured + Indicated and Separate Inferred Domain Classification Tonnes Ag (g/t) Au (g/t) Cu (%) Pb (%) Zn (%) Capire Measured + Indicated 3,104,944 46.46 0.19 0.06 0.33 0.93 Aurora 1 Measured + Indicated 1,807,302 44.50 0.199 0.07 0.36 0.80 Grand Total Measured + Indicated 4,912,246 45.74 0.193 0.06 0.34 0.88 Grand Total Total Inferred 371,066 36.54 0.161 0.06 0.28 0.71• 10,000m drilling program: 3,000m expansion and site preparation drilling now begun• Capire Deposit mineralization expanded to the north and southeast zones 14
    • CAPIRE MINE DEVELOPMENTPROJECT3D SURFACE MODEL Area of defined NI43-101 Resources Open for expansion 3D model of planned Capire open pit Open for expansion Area of Phase 2 drill Planned Processing program Plant Site Open for expansion Proposed Tailings FacilityDEVELOPMENT PLANS• 2011: Mine planning/permitting, and 200 TPD Pilot Plant construction• 2012: Initial estimated Silver production of 300,000 ounces and growing Inhouse feasibility for expanded plant sizing
    • 3. HUATECOSCO GOLD & SILVERPROJECT• Carlos Pacheco was the first gold-copper target to be drilled• Gold-Copper mineralization found in deeper parts of Silver vein system• Drill program focused on more targets: Huatecosco Area DRILLING HIGHLIGHTS CARLOS PACHECO Drill Hole True Width Au Ag Cu Zinc (m) (g/t) (g/t) (%) (%) Z08-68 2.9 19.6 68 0.29 0.11 Including 1.0 49.7 59 0.31 0.14 Z08-65 2.1 11.3 18 -- -- Including 1.2 18.8 24 -- -- HUATECOSCO Z11-20 9.48 3.97 48.7 N/A 2.62 Including 4.24 6.96 84.3 N/A 5.11 Z11-17 4.74 3.44 117.6 N/A 0.81 16
    • EXPLORATION PROCESS• Targets are generated by mapping and sampling of old workings• Greatly expanded program of exploration drilling for 2011 5 STAGE DEVELOPMENT PROCESS Identify and Surface and Phase 1 & 2 Mine Map Old Underground Drilling Planning, Mines and Sampling, Permitting Production Workings Detailed and Mapping Construction •Golondrinas •Capire •Chivo More than 250+ 2,000 Prospects •Huatecosco •San Ramon •Santa Lucia Mapped •Pilarica •Noche Buena •Cruz Blanca First Drill Hole to Production 12 – 24 Months 17
    • ZACATECASExploration Production• 10 mineral concessions optioned • 200 tpd operational processing to Defiance Silver Corp. (DEF.V) plant* for major shareholder position*• Historical production of over 1 billion oz of Silver• Nueva Granada Concession o Old mine dumps returned 100-400g/t silver• Cristian Mine o Samples from surface dumps returned 310g/t Ag, 24% Pb, 8% Zn• San Pascual Mine o Samples from the dump around the shaft returned 875 g/t Ag*Subject to TSX approval for Option Agreement signed with Defiance Silver Corp , . 18
    • PROVEN LEADERSHIPBOARD OF DIRECTORSFrederick W. Davidson (CA) President, CEO & Director Held senior management positions with Erickson Gold Mines Ltd. and TOTAL Energold Corp. Part of the management team that took both the Erickson and Mt. Skukum Gold mines from discovery to production. Currently President of Energold Drilling Corp. (EGD: TSX-V).George A. Gorzynski (P.Eng) VP Exploration & Director Director of Tirex Resources Ltd., Rupert Resources Ltd. and Consolidated Spire Ventures Ltd.H. Walter Sellmer (P.Geo) Director Held senior management positions with Amax Exploration, Canamax Resources and TOTAL Energold Corp.Victor A. Tanaka (P.Geo) Director Held senior positions with Teck Cominco, Asamera, Freeport McMoran, Aber Resources, Major General Resources and Canarc. Participated in the discovery of Polaris and Sunrise Mines.Richard J. Mazur (P. Geo, MBA) Director Holds senior positions in Alto Ventures Ltd. and Forum Uranium Corp.Peter Tredger (P. Eng, MBA) Director Vice President of Thompson Creek Metals Company Inc. and held senior management positions at Glencairn Gold Corp. and Wheaton River Mineral Ltd.Jean-Pierre Boutin (MBA) Director President and Money Manager in a private equity firm in Greenwich, Connecticut, former Treasurer of Xerox Corporation, Emerging Markets. 19
    • PROFITABILITY $30,000,000 Revenue $25,000,000 Net Earnings Operating Cash Flow $20,000,000($CDN) $15,000,000 $10,000,000 $5,000,000 $- 2006 2007 2008 2009 2010 2011 $(5,000,000) Year Capital Expenditure Use Efficiency ($CDN)* Total funds raised since start of Property payments, plant & equipment, Cash in the bank operations in January, 2006 and exploration expenditures $28 Million $37 Million $33 Million **Estimated projection based on in house estimates 20
    • CORPORATE SUMMARYYear Ended 6 Months Ended Dec 31st Dec 31st Dec 31st(‘000,000s $CDN except EPS) June 30th 2011 2010 2009 2008Revenue $15.3 $16.7 $12.2 $8.9Net Earnings $4.9 $3.4 $1.6 $.66Cash Flow from Operations $5.9 $5.6 $4.4 $1.7Cash & Cash Equivalents $32.6 $18.7 $5.3 $5.4EPS $0.08 $0.07 $0.02 $0.01• Recent share price: $2.08• Market capitalization: $135 million• Shares Outstanding: 69 Million (72 Million Fully Diluted)• Long-Term Debt: Nil• Energold Drilling (EGD: TSX.V) owns 6.87 Million shares• Institutions hold 30% of shares outstanding• Listings: TSX.V:IPT / Frankfurt: IKL / ISIN: CA45257A1021 21
    • SHARE PRICE PERFORMANCE – 1 YEAR
    • LONG TERM GROWTH STRATEGY Become a Multi-million Ounce Silver Producer With Multiple Production Centres 1. GUADALUPE MINING & PROCESSING CENTRE • Now operating; fed by 3 mines ~ 1 million oz. silver eq. p.a. • Exploration on potential new mine targets 2. CAPIRE MINING & PROCESSING CENTRE 1 • • Pilot Plant operations planned for early 2012. Initial target ~300K oz silver p.a. • Development Plan for full operating mine to targeting expanded production pending drilling program results 3 3. NOCHE BUENA MINING & PROCESSING CENTRE • First mine began production in April 2010; at 2 4 • present ore sent to Guadalupe plant Exploring gold as well as silver potential here 4. SOUTHEAST MINING & PROCESSING CENTRE • Future exploration - many historic mine workings. 23
    • PLANS FOR 2011• Ramp up Zacualpan production to 500 tpd with expanded production from Noche Buena Mine and San Ramon (COMPLETED)• Place Capire Mine into production initially on a 200 tpd pilot plant basis• Recent $15 million financing will allow accelerated growth through expanded exploration and potential acquisitions• Continue implementing long term vision of multiple processing plants throughout the districts each fed by multiple mines For more information please contact us via Phone:604-681-0172 Email: inquiries@impactsilver.com 24
    • PLANS FOR 2011• Ramp up Zacualpan production to 500 tpd with expanded production from Noche Buena Mine and San Ramon (COMPLETED)• Commence construction at the Capire Mine prior to putting into production in early 2012 on an initial 200 tpd pilot plant basis• Recent $15 million financing will allow accelerated growth through expanded exploration and potential acquisitions• Expand exploration at Huatecosco Project and Oscar Project• Continue implementing long term vision of multiple processing plants throughout the districts each fed by multiple mines For more information please contact us at: 604-681-0172 inquiries@impactsilver.com 25