Impact Silver Corporate Presentation June 2020

1. June 2020
IPT:TSX
ISVLF:US / IKL:FR
90%

2. Forward-Looking Statements: This presentation may contain certain “forward-looking” statements and information relating to IMPACT that are based on the
beliefs of IMPACT management, as well as assumptions made by and information currently available to IMPACT management. Such statements
reflect the current risks, uncertainties and assumptions related to certain factors including but not limited to, exploration and development risks,
expenditure and financing requirements, title matters, operating hazards, metal prices, political and economic factors, competitive factors, general
economic conditions, relationships with vendors and strategic partners, governmental regulation and supervision, seasonality, technological
change, industry practices, and one-time events. Should any one or more risks or uncertainties materialize or change, or should any underlying
assumptions prove incorrect, actual results and forward-looking statements may vary materially from those described herein. IMPACT does not
assume the obligation to update any forward-looking statement. 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.
Cautionary Statement: The Company’s decision to place a mine into production, expand a mine, make other production related decisions or otherwise
carry out mining and processing operations, is largely based on internal non-public Company data and reports based on exploration, development
and mining work by the Company’s geologists and engineers. The results of this work are evident in the discovery and building of multiple mines
for the Company, and in the track record of mineral production and financial returns of the Company since 2006. Under NI43-101 the Company is
required to disclose that it has not based its production decisions on NI43-101-compliant mineral resource or reserve estimates, preliminary
economic assessments or feasibility studies, and historically such projects have increased uncertainty and risk of failure.
NI43-101 Qualified Person: George Gorzynski, P. Eng., Vice President, Exploration and a Qualified Person under the meaning of Canadian National
Instrument 43-101, is responsible for the technical information in this presentation with the exception of the Capire project mineral resource
estimate. Steven Ristorcelli, C.P.G. (U.S.A.), Principal Geologist for Mine Development Associates and a Qualified Person under the meaning of
Canadian National Instrument 43-101, is responsible for the Capire mineral resource estimate and directly related information.
2
Cautionary Statements

3. TSX-V Listed silver exploration and production miner focused on Mexico with 21,100 hectares
(211km2) 100% owned land package in the Royal Mines of Zacualpan district near Taxco.
Experienced team
Excellent jurisdiction
Proven Production
Strong technical and financial team bringing mines to production
Prolific Mexican silver district with almost 500 years of production.
Excellent infrastructure, labor force, power grid.
Over 10.0 million ounces silver produced since 2006 with over 90% revenue from silver.
All prices in CanadianDollars As of June 2, 2020
Common shares – Issued
& Outstanding 116.2 M
Share Price $0.65
52wk Range $0.22 - $0.74
3 Month Average Daily Volume 814,033 Shares
Market Capitalization $72.0Million
Insiders +
Institutionals 31.3%
Options / Warrants Issued 5.18 M / 30.6 M
Cash / Debt $3.8 M / $0 Long term debt
Retail 70%
Management &
Insiders 10%
Institutional
Funds 20%
Company Overview
Frederick W. Davidson, CA, CPA President, CEO
George Gorzynski, P.Eng. VP Exploration, Director
JerryHuang CFO
ArmandoAlexandri COO
Victor Tanaka, P.Geo Director
Richard Mazur, P.Geo, MBA Director
Peter Tredger, P. Eng., MBA Director
Robert W.Lishman Director
Select Fund Investors:
Eric Sprott
GR Assets / Stabilitas
BCV Fund (Zurich)
Commodity Discovery Capital
EOP Compagnie S. A.

4. $6.7M5th Financing since 2006 within
2019.
Prolific Silver Belt in Mexico
90%+
97.5g/t
gold across 0.8m
Chapanial surface rock
sample assayed
90%+

5. IMPACT is one of the best leveraged silver plays in rising silver market. In 2016 and 2019’s recent silver rally, IMPACT generated significantly
higher return than holding silver bullion. Every $1 incremental to silver prices represent direct increases to profit and value of ounce in ground.
$0.11
$1.32
+43%
+1,100%
$18.4 US/oz
$13.8 US/oz
$13.8 US/oz
$19.8 US/oz
+33%
$0.49
$0.24
+104%
90+% Revenue Pure Silver – Highly Leveraged to Silver
Silver Price Chart vs IPT/ISVLF share price chart

6. • 100% owned and operated large 211 km²
(21,100 ha) mineral concession package in
south-central Mexico.
• Two contiguous mineral districts with long
history of silver mining and nascent gold mining.
• A 3.5 hour drive southwest from Mexico City,
with paved road access to the gate of IMPACT’s
Guadalupe Production Center.
• Excellent infrastructure, with a modern power
grid, ample water supply and a skilled, 99%
Mexican workforce.
• In the prolific historic region for silver production
with several notable neighbours such as Taxco –
first European silver mine in the Americas.
Property Overview
6

7. • The Royal Mines of Zacualpan is one of
the oldest mining districts in the
Americas, with almost 500 years of
recorded mining history.
• First mining district in the Americas to be
granted status of ‘Royal Mines’ of
Zacualpan in 1532 by the Spanish Crown
• IMPACT’s exploration work has
catalogued over 5,000 old mine workings
and 42 historic processing plants,
indicating extensive historical mining,
large exploration potential and forming an
invaluable database for modern and
effective exploration.
Prolific Mining History of High Grade Silver
El CalvarioNombre de Dios
Some of the 42 historic processing
plants of the ZacualpanDistrict
La Cadena
La
Fortuna
La Zorra
7
El Calvario

8. Mines and Processing Plants
• Two Processing Plants and multiple
Mines within 100% owned 211km land
package.
• The 535 TPD Guadalupe Production
Center is the main production facility
which receives mineral from 3
underground mines and 1 open pit located
within close proximity:
• Guadalupe Mine
• San Ramon Mine
• Cuchara Mine
• Veta Negra open pit
• The 200 TPD Capire Pilot Plant is
currently on care and maintenance, and
was most recently used to bulk test the
processing of gold and copper feed from
the Carlos Pacheco Zone
LaNegra
8
CHAPANIAL

9. One Property - Two Processing Plants
GUADALUPE PRODUCTION CENTRE (535 TPD) CAPIRE PILOT PLANT (200 TPD + expandable)
9

10. Guadalupe
Historic producer
located beside
Guadalupe processing
plant and restarted in
2018
Epithermal silver-lead-
zinc veins
Contribution to total
production in
Q1 – 38%
San Ramon
Began production in
2004.
Current high grade silver
production from large
vein at depth – San
Ramon Deeps.
Contribution to total
production in
Q1 – 22%
Cuchara
Began production in
2013
Corridor of epithermal
veins linking new and
legacy mines
Production is from
medium grade
epithermal silver and
lead-zinc veins
Contribution to total
production in Q1 – 23%
Veta Negra
The Veta Negra mine is
a new small open pit
operation which
commenced production
in September 2019. It is
located four kilometres
northwest of the
Guadalupe mill.
Contribution to total
production in Q1 – 17%
1
0
One Property - Four Producing Mines (Q1 2020)

11. Geology of Epithermal Vein Systems
Silver-rich at top of shoot
150 – 1,000+ g/t Silver
Gold-copper at
depths of 300 m+
Metal Zoning in Mineral
Shoots StrikeLength
150 – 1200 m (500 – 4,000 ft)
Metal Level in Mines
150 m (500 ft)
Lead and Zinc-rich
at bottom of shoot
50 – 120 g/t Silver
300 m (1,000 ft)
Depth
Surface – 0 m (0 ft)
Guadalupe Mine
Carlos Pacheco/San
Juan Zone
San Ramon Mine
Cuchara Mine
Chapanial Target
10

12. Geology Metal Zoning
CarlosPacheco
SantaTeresa
Guadalupe
Cuchara
SanRamon
San PabloNorte
Au/Ag Ratios in Veins
Pregones
• District is tilted exposing deeper
copper-gold zone in centre of
property and shallower silver
mineralization to northeast
Intrusive rhyolite cupolas and
dykes indicate heat
source in centre drove
mineralizing systems
12
Capire VMS

13. Big Exploration Upside
• Exploration continues to evaluate the
5,000+ historic mine workings located on
hundreds of mapped veins (red lines on
map) on an extensive mineralizing system
• Area 1: Brownfields exploration for silver
veins within close trucking distance to the
Guadalupe plant; area includes the San
Ramon, Cuchara and Veta Negra mines
• Area 2: Early stage exploration for
Zacualpan southeast extension silver veins
• Area 3: Brownfields and greenfields
exploration on silver-rich VMS and vein
targets; includes the open pit Capire mine
• Area 4: Brownfields and greenfields
exploration on copper-gold and silver vein
targets
Area 1
Area 3
Area 4
Area 2
LaNegra
13
CHAPANIAL

14. 1.03-203-0.25-0.61
1.20-249-0.20-0.57
NIVEL 8
C/P DE EMERGENCIA PROY.
2000
1950
1850
2050
2100 2100
2000
1950
2050
1800
1750
1700
ENTRADA
SECCION LONGITUDINAL VETA INMACULADA
1900
TOLVA
FALLA
1900
1850
Xo a CARGADERO
1750
1700
RAMPA (-)
MPZ-183-14
1.15-31-0.03-0.02C/P
FALLA
NIVEL 18
3.75-198-0.07-0.17
PILAR DE PROTECCION
PILAR DE PROTECCION
MPZ-194-15
9.14-54-0.03-0.10
NIVEL 16.5
2.60 174 0.90 1.13
ANC Ag g/t Pb% Zn%
SR14-03
MPZ-171-13
BNO. ENERGOLD
BNO. MINPOZA
BNO 8 BNO. PROPUESTO PARA MINPOZA
ZONA DE AMPLIACION RAMPA GRAL. (-)
ÁREA DE AMPLIACIÓN
RAMPA GRAL. (-)
PROY. ÁREA DE AMPLIACIÓN
RAMPA GRAL. (-)
NIVEL 14.5
1650 1650
NIVEL 21
1600
MINERA EL PORVENIR DE ZACUALPAN S.A DE C.V
MUESTREO : S V V
ESCALA 1 : 1000
LEVANTO : M G A
OCTUBRE 2019
REVIZO : F H R
MINA SAN RAMON
SECCION LONGITUDINAL
VETA INMACULADA
APROBO: F H R
1600
PLAZA DE EXPLORACION
NIVEL 12
ZONA INESTABLE
CAIDOS
NIVEL 13
ÁREA= 2319.41 m
TON.= 9352 T
200gr Ag - 0.20% Pb - 0.50% Zn.
2
MPZ-193-15
9.50-14-0.01-0.05
2150
2150
NIVEL 1
5.10-104-0.21-0.78
3.40-255-0.23-0.47
2.20-24-0.03-0.17
NIVEL 11
NIVEL 5.5
NIVEL 9
1.85-43-0.27-0.73
1.85-138-0.35-1.67
NIVEL 0
SURNORTE
Z05-09
3.60-215-0.05-0.05
Z05-09
1.60-190-0.02-0.04
Z05-05
1.20-635-0.23-0.05
Z17-43
10.02-27-0.02-0.04
Z17-44
4.73-144-0.04-0.07 2.85-166-0.10-0.27
Z17-45
2.15-218-0.04-0.09
Z17-47
1.90-133-0.11-0.34
DESP. AL BAJO
NIVEL 7
NIVEL 2
NIVEL 0
1850
1750
1700
3.75-198-0.07-0.17
MPZ-193-15
MPZ-194-15
9.14-54-0.03-0.10
9.50-14-0.01-0.05
SR-UG06-08
PLAZA DE EXPLORACION
SR-UG06-06
9.68-26-0.01-0.05
SR-UG06-07
11.02-17-0.01-0.03
3.69-16-0.02-0.06
SR-UG06-02
2.40-31-0.20-0.53
SR-UG06-03
1.69-63-0.02-0.08
SR-UG06-10
SR-UG06-11
1.04-102-0.10-0.22
SR-UG06-12
(0.23-214-1.90-4.90)
(0.79-117-0.03-0.13)
CHEMEX
CHEMEX
CHEMEX
CHEMEX
SR-UG06-13
CHEMEX
6.11-63-0.06-0.28
(1.11-176-0.12-0.44)
SR-UG06-01
SR-UG06-04
SR-UG06-05
CHEMEX
CHEMEX
6.67-103-0.07-0.12
3.50-94-0.11-0.36
(1.68-190-0.13-0.24)
(1.70-259-0.34-1.13)
CHEMEX
6.41-65-0.03-0.06
(3.08-166-0.06-0.12)
SR-UG06-09
CHEMEX
2.93-376-0.81-0.86
CHEMEX
1.57-127-0.05-0.19
(1.13-172-0.07-0.26)
(0.81-125-0.13-0.28)
3.04-70-0.08-0.31
(1.29-120-0.16-0.65)
CHEMEX CHEMEX
CHEMEX
OBRA ANTIGUA
MINERALIZACIÓN ABIERTA
BNO. PROY.01
75 MTS
65 MTS BNO. PROY.02
Z05-07
0.80-203-1.02-1.24
Z05-08
COMUNICO OBRA ANTIGUA
Z05-06
0.60-443-0.15-0.27
Z05-05
1.00-139-0.08-
Z05-10
0.70-222-0.09-0.03
Z05-10
1.40-153-0.30-0.09
TIRO LA SOLEDAD
MPZ-267-18
MPZ-266-18 MPZ-268-18
8.47-84-0.05-0.17
(3.18-195-0.08-0.28)
7.99-24-0.03-0.08
7.99-24-0.03-0.08
1800
1750
1700
FALLA
NIVEL 17
NIVEL 19
NIVEL 18
NIVEL 20
3.75-198-0.07-0.17
MPZ-199-15
MPZ-192-15
3.53-106-0.03-0.13
NIVEL 16.5
VETA ESPERANZA
RAMPA (-) EXTREMO SUR
MPZ-201-16MPZ-207-16
3.32-147-0.28-0.76
(0.95-859-0.83-2.37) (0.30-1490-0.45-1.45)
1650
MPZ-215-16
7.07-86-0.06-0.39
(1.65-155-0.07-1.06)
NIVEL 22
NIVEL 23
4.71-59-0.05-0.17
SR14-02
1.26-160-0.16-0.93
1.73-135-0.17-0.40
(0.68-297-0.37-0.94)
SR-UG4-10
5.15-23-0.55-1.53
NIVEL 24
1600
SR-UG4-11
SR-UG5-01
2.20-26-0.47-1.02
SR-UG5-02
2.65-163-0.18-0.91
SR-UG5-03
1.80-29-0.56-2.09
SR-UG5-04
1.55-48-0.20-0.63
SR-UG5-07
1.50-21-0.78-1.03
SR-UG5-05
1.70-10-0.39-0.76
SR-UG5-06
10.73-4-0.17-0.23
NIVEL 25
PLAZA DE EXPLORACION
FTE. DE EXPLORACIÓN NIVEL 21
NIVEL 26
C/P
NORTE SUR
NIVEL 26.5
NIVEL 23
SR-UG4-07
MPZ-281-19
3.71-59-1.00-1.99
(0.62-195-1.85-3.93)
1.29-16-0.20-1.81
MPZ-282-19
1.04-45-0.35-0.90
MPZ-283-19
NIVEL 28
BNO.PROY
BNO.PROY
PLAZA DE EXPLORACION
PROY.
BNO.PROY
BNO.PROY BNO.PROY
BNO.PROY
BNO.PROY
12.88-168-0.46-1.08
ZONA DE STOCKWORK
MPZ-287-19
MPZ-285-19
MPZ-286-19
5.85-73-1.40-3.02
DESP. AL ALTO
1.34-305-0.66-1.74
MPZ-285-19
2.23-575-1.84-4.97
MPZ-284-19
DESP. AL ALTO
MPZ-285-19
1.10-247-0.42-0.55
3.19-321-0.19-0.60
DESP. AL ALTO
MPZ-284-19
0.72-584-0.26-0.77
MPZ-288-19
0.50-764-0.22-0.46
NIVEL 27
2.45-307-0.46-0.49
MPZ-288-19
2.60-221-0.30-0.31
MPZ-289-19
5.50-28-0.68-2.13
MPZ-293-19MPZ-294-19
3.07-225-0.43-1.25 1.80-8-0.07-0.40
BNO.PROY
MPZ-295-19 OPERACION
Area 1: San Ramon
High Grade Silver Mine, New Drill Results
• Recent drilling has been
expanding the new deep
high grade silver vein at
the San Ramon Mine
• July 2018 drilling
discovered new zone
100m south of current
mine operations.
4.97m of 345.4g/t Ag
& 2.04m of 661.2 g/t Ag.
• The zone remains open
for expansion to the south,
down dip and up dip with
additional drilling plannedOpen for expansion
14
Open for expansion

15. Area 1: Guadalupe to Alacran Exploration Area
10+ million ounces past production
• Fertile exploration area between
two large historic Mines
• The Guadalupe Mine to the north
produced over 10 million ounces
silver between 1972-1991, and
much more since first recorded
production in 1529; Sept 2018 drill
results :
2.61 meters of 1,263 g/t Silver &
8.82 meters of 306g/t Silver
• The Alacran Mine to the south is
marked by extensive underground
workings with historic reports of
high grade silver and gold mining
beginning before 1527
1,200 meters
zone
AlacranDeepsDrillTarget
DrillTargets
GuadalupeDeeps
ElPaso
San Ignacio
Remedios
ElProgresso
AlacranDeeps
GuadalupeMine
>>10M oz Ag
historicproduction
Alacran Mine
Largehistoric
silver & gold production
15

16. nd
• A number of drill targets have
been developed on veins
between the Guadalupe Mill &
the Chivo Mine
• San Felipe is an old multilevel
mine where initial drilling
intersected high grade silver
834 g/t Ag over 3.34m
• Socavon Zacualpan and El Paso
are on the mine access road is
less than 1km from the
Guadalupe mill
• Other exploration targets being
mapped and sampled to develop
additional drill targets
Chivo Mine
High grade production
between 2007-2012
El Paso
15
Area 1: San Felipe Corridor
Exploration Targets

17. Area 2: Taxco North + Pregones Exploration Areas
• Area is synonymous
with silver in Mexico –
Taxco is probably the
most famous silver
mine in Mexico
• To the north,
IMPACT’s early
exploration efforts
have discovered
numerous old mines
and old processing
plants
• Taxco district still
owned & explored by
majors (Grupo
Mexico.)
OldMines
Epithermal SilverVeins
16
Old ProcessingPlants

18. Area 3: Capire Mine and Plant (See Appendix IV for43-
101 Resource)
Capire open-pit 3D model
Capire open-pit Mine and Pilot Plant on VMS
Silver–Lead-Zinc Deposit (currently on standby)
Open-pit
200 tpd pilot plant
3D model of
planned
open-pit
Mill
Tailings facility
N
12
• Quick expansion production potential at 200TPD mill.
• 43-101 resource silver-lead-zinc with mill on care & maintenance
• Expansion/exploration upside
• Potential engineering cost savings (studies underway)

19. • Mineral Resources are current as at January 9, 2016. The reported mineral resource (“Base Case”) cutoff grade is US$30/tonne in the table.
Steven Ristorcelli, C.P.G. (U.S.A.), Principal Geologist for Mine Development Associates and a Qualified Person under the meaning of
Canadian National Instrument 43-101, is responsible for this Capire project mineral resource estimate (See IMPACT Silver news release
dated January 18, 2016 and NI43-101Technical Report posted on www.sedar.com for supporting information and other details.)
Cutoff Inferred
US$ Tonnes US$ gAg/t %Zn %Pb OzAg lbsZn lbsPb
10 4,465,000 36.20 44.21 0.72 0.31 6,346,000 71,183,000 30,212,000
15 3,450,000 43.24 53.03 0.85 0.37 5,881,000 64,914,000 28,072,000
20 2,707,000 50.37 62.22 0.98 0.43 5,414,000 58,444,000 25,755,000
25 2,177,000 57.19 71.06 1.10 0.49 4,974,000 52,766,000 23,522,000
• MAY2019 – DMS study starts at Capire. DMS is a low-cost method of pre-concentrating minerals to increase the grade of mineral feedinto
the processing plant and improve processing economics. The DMS process relies on the density contrast between the mineralization and
waste rock.
• AUGUST 2019 positive first round of DMS. Crushed sample of lightly-diluted mineralization from the Capire
deposit; the results showed that 25% of the sample mass could be rejected while retaining over 99% of silver,lead
and zinc
14
Capire 43-101 & Dense Media Separation (DMS) Study

20. Area 4: Carlos Pacheco – Gold/Copper District
• Test mining of gold and
metallurgical testing of
copper carried out at Carlos
Pacheco South in 2014
• Past drilling results at
Carlos Pecheco included
19.6 g/t over 2.9 meters
(see IMPACT news release
dated Dec 3, 2008 for
details)
19

21. Area 4: Exploration Targets around Buried Intrusive
• The core of the district is host
to gold veins and potential bulk
tonnage gold mineralization on
the flanks of a large magnetic
high (pink on map)
• Intrusive rhyolite breccia dikes
indicate magnetic high is
probably a buried felsic
intrusion and heat driver of
mineralization in the Zacualpan
district
• 2018 channel samples returned
up to 114 g/t gold, 17 samples
over 10 g/t gold and 197
samples over 1g/t gold
• El Canelo Vein averaged 6.5 g/t
Au across 1.66m along strike of
50m
• Further exploration planned
29
Manto America
El Canelo
Chapanial

22. 22
• Large area (1 km2+) of sericite-pyrite alteration with elevated gold values in soils and rocks
• Gold values associated with sulphide lenses and quartz-hematite veinlets
• Possible bulk tonnage gold targets
• Exploration planned
La Mora
Area 4: Manto America Exploration Target

23. Area 4: Chapanial Gold Discovery
• Sampling results from 2020
exploration 97.5 g/t Gold and
97.9 g/t Silver over a true width
of 0.80 meter and 18.25 g/t Gold
and 75.4 g/t Silver over a true
width of 0.20 meter
• Close to historic Chapanial mine
which produced on three levels over
45m depth and along strike for 100m.
• The vein is hosted in interbedded
shales and volcanics and is associated
with a major fault structure which
hosts a sulphide bearing polymictic
breccia up to 8m in width.
• Chapanial is located 7 km to the west
of the Guadalupe processing plant.
19
Chapanial Norte
Chapanial Sur
Guadalupe Production Center
Chapanial

24. Area 4: Veta Negra Open Pit Silver Mine
• January 2020 - IPT sampled
205.7 g/t Silver over 22.7
meters width along length of
50 meters at Veta Negra Open
Pit; veins traced over 650
meters length
• Already accounts for 18% of
current production
• High grade & low cost open pit
operation
• The Veta Negra vein system
was mined in the 1970's and
1980's by a previous operator
as both an open pit and from
underground with existing
infrastructure intact.
19
Veta
Negra

25. Production Summary
Production
Highlights
Q1 2020 YE 2019 YE 2017 YE 2017 YE 2016 YE2015
Silver production(oz) 178,994 664,056 743,950 907,848 952,768 950,059
Gold production(oz) 93 376 469 533 511 495
Average mill head
grade (silver grams
pertonne)
179 Q4- 182 159 172 180 193
Total tonnes
produced (t)
39,537 140,878 173,217 194,266 183,032 170,509
Tonnes Milled per
day
434 386 395 532 526 467
Revenue per
productiontonne
sold
$84.9 $92.82
(Q4
$105.47)
$74.88 $79.6 $92 $85
Direct costsper
productiontonne
$75. $82.55 $83.63 $76.5 $70 $72
PURE Silver-Focused Producer
Production Breakdown by Metal Value (Q1/2020)
5%
5%
silver
gold
lead
zinc
Silver
90%
25

26. 2020
• EXPLORE WHILE OPTIMIZING SILVER PRODUCTION
• Drill exploration targets at Veta Negra, Guadalupe, Chapanial
• Continue Exploration on priority targets among the >5,000 silver and gold-copper
old mine prospects
• Continue to drill and optimize high grade silver production at Guadalupe and Veta
Negra
• Increase cash flows and optimization of Guadalupe mill
• Identify and evaluate strategic opportunities for financing and acquisitions
2021+
• EXPANSION AND EXPLORATION
• Continue aggressive exploration and drilling of priority targets
• Consider placing Carlos Pacheco Zone into production when gold and copper
prices improve
• Consider putting Capire open pit silver mine back into production with possible
larger processing plant when silver prices recover
• Continue exploration and expand mining activities with aim to grow IMPACT Silver
into a multimillion ounce precious metals producer
26
Plans Going Forward

27. 27
Telephone 1-604-644-7707
Email inquiries@impactsilver.com
Investor Relations Contact Jerry Huang / CFO
Website www.IMPACTSilver.com
Twitter @IMPACT_Silver
Corporate Address Suite 705 - 543 Granville
Street
Vancouver, BC, Canada V6C 1X8
1-Year Chart
Summary
Highlights:
- LEVERAGED SILVER PURE PLAY
- PROVEN & ONGOING
PRODUCTION
- LARGE LAND PACKAGE 100%
OWNED
- HIGH GRADE GOLD EXPLORATION
- CASH IN BANK / ZERO DEBT
- LONG TERM INVESTOR BASE
- CONCENTRATE SALES
AGREEMENT WITH SAMSUNG C&T
IPT:TSX
ISVLF:US / IKL:FR

28. APPENDIX

29. Frederick W. Davidson,
CA, CPA
President, CEO,
Director
President of IMPACT Silver and Energold Drilling Corp. Over 33 years of mining
experience, including holding various senior positions at Erickson Gold Mines Ltd. and
Mt. Skukum Gold Mines.
George Gorzynski, P. Eng. VP Exploration,
Director
Over 35 years of exploration and mining experience; also Director of Fireweed
Zinc Ltd.
Jerry Huang CFO Over 10 years of venture capital markets experience raising over $100 million. Former
advisor for HNW at CIBC, director of gold/copper and lithium projects on TSX-Venture.
MBA from University of British Columbia and CPA PEP from CPABC.
Armando Alexandri COO Over 35 years of mining experience in underground and open-pit mines as well as
flotation and cyanidation processing plants.
Victor Tanaka, P. Geo Director Over 40 years of exploration experience; also current Director of Fjordland Exploration,
Westhaven Ventures and Consolidated Woodjam Copper. Held senior positions at
Asamera Inc., Freeport McMoRan Gold Corp., Cominco Ltd., and Aber Resources.
Richard Mazur, P. Geo,
MBA
Director President and CEO of Forum Energy Metals Corp. and CEO of Alto Ventures Ltd. Held
senior positions at Canamax Resources and IMPACT Minerals.
Peter Tredger, P. Eng.,
MBA
Director Former Senior Officer of Thompson Creek Metals Company. Held senior positions at
Glencairn Gold (now B2Gold) and Wheaton River Minerals (now Goldcorp).
Robert W. Lishman Director Over 40 years of investment industry and business experience with strong portfolio
management and financing expertise, currently Managing General Partner of
investment fund Yellowjacket, LP.
2
9
Appendix: Directors & Management

30. (CDN $Millions, except EPS) Q1 2020 2019 YE
2019 Q4
quarter
2018 2017 2016 2015 YE 2014
Revenues $3.4 $13.3 $4.03 $13.1 $15.4 $16.7 $14.7 $12.0
Operating expenses $3.1 $13.5 $3.16 $14.7 $14.9 $12.9 $12.6 $12.0
Adjusted Mine operating
earnings (loss)
1 1 Before Amortization and Depletion
$0.3M $1.30M
($0.18)
($0.29) ($3.54) ($1.74) $3.70 $2.1 ($0.0)
EBITDA $0.5M ($1.57) ($2.75)
$1.20
improve
($1.43) ($1.80) $0.7 $0.4 ($2.0)
Net earnings (loss) ($0.09) ($4.9) ($3.93) ($5.07) ($4.6) ($1.9) ($1.4) ($3.5)
Operating cash flow $0.65 ($0.30) ($1.01) ($2.30) $0.2 $3.3 $2.4 ($0.7)
Debt Nil Nil Nil Nil Nil Nil Nil Nil
Earnings (loss) per
share – basic
0.00 0.00 ($0.04) ($0.06) ($0.05) ($0.02) ($0.02) ($0.05)
Cash and cash
equivalents
$3.9 $3.8 $4.4 $1.2 $4.7 $8.2 $0.7 $0.6
Working capital $3.8 $3.6 $3.6 $0.3 $5.7 $10.4 $2.9 $3.8
30
Appendix: Financial Highlights

31. Rapid Exploration To Mine Development
RESEARCH
Compile old
mines/ prospects
from historic
maps
DRILLING
Drilling in
phases based
on success
MINE
DEVELOPMENT
Mine Planning,
Permitting and
Construction
FIELD WORK
Surface &
underground
sampling,
mapping
MINE
PRODUCTION &
CASH FLOW
More than 5,000
old mines and
prospects
catalogued
to date
Prioritize and
select
areas and
prospects
for drilling
•Veta Negra
Extensions
•Alacran area
(drilling planned)
•El Paso
(drilling planned)
•San Ramon
Deeps
• Cuchara
• Guadalupe
• Veta Negra
• Guadalupe
•Veta Negra open
pit
A cornerstone of IMPACT’s success has been rapid mine development to increase mill throughput and
generate near-term cash flow – drilling to production typically in <24 months
EXPLORATION AND MINE DEVELOPMENT PROCESS FLOWCHART:
18