2. Except for historical information, 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.
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.
Cautionary Statement
2
3. GROWING ASSETS CONTINUOUS EXPLORATION PRUDENT MANAGEMENT
IMPACT Silver is a junior silver producer with low cost operations and a growing portfolio of silver mines in south-central Mexico.
A cornerstone of IMPACT’s success is systematic exploration leading to rapid mine development to increase mill throughput and generate near-term cash flow.
Focused on creating value by growth primarily through earnings, in the pursuit of building a multimillion ounce precious metals producer.
Overview
3
4. Frederick W. Davidson, CA
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 30 years of exploration and mining experience; current Director of Tirex Resources, Defiance Silver and Berkwood Resources.
Richard Younker, CA, CMC
CFO
Held the senior financial consulting principal position at Woods Gordon; independent financial consultant in public and private sectors.
Armando Alexandri
COO
Over 35 years of mining experience in underground and open-pit mines as well as flotation and cyanidation processing plants.
H. Walter Sellmer, P. Geo
Director
Held senior positions at Amax Exploration, Canamax Resources Inc. and TOTAL Energold Corp.
Victor Tanaka, P. Geo
Director
President and CEO of Bayswater Uranium Corp. Held senior positions at Asamera Inc., Freeport McMoRan Gold Corp., Aber Resources, Major General Resources, Fjordland Exploration and Pathfinder Resources.
Richard Mazur, P. Geo, MBA
Director
President and CEO of Forum Uranium 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).
Jean-Pierre Bourtin, MBA
Director
President of a private equity firm in Connecticut, USA. Former Treasurer of Xerox Corp., Latin American and Emerging Markets.
Directors & Management
4
5. •Nearly 100% owned and operated 623 km² (62,300 ha) mineral exploration land package in south-central Mexico.
•Two contiguous mineral districts with mining activities dating back to the 1500s.
•A three 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.
•Many other significant mining operations within close proximity.
5
Property Location in Mexico
6. •The Royal Mines of Zacualpan is one of the oldest mining districts in the Americas, with nearly 500 years of recorded mining history.
•IMPACT’s 623 km² land package consists of two large mineral districts and one subdistrict: The Zacualpan District and the Capire-Mamatla District, and the Valle de Oro subdistrict.
•IMPACT’s exploration work has catalogued over 3,500 old mine and mill workings, forming an invaluable basis for modern and effective exploration.
Prolific Mining History
6
Zacualpan District
Capire District
Valle de Oro subdistrict
Early stage exploration area
7. Mine and Production Center Location Map
•The 500-tpd Guadalupe Production Center is located within the Zacualpan District.
•The Guadalupe Production Center receives ore from three underground silver mines located within close proximity:
•San Ramon Mine
•Noche Buena Mine
•Cuchara-Oscar Mine
•The 200-tpd Capire Production Centre is located within the Capire-Mamatla District.
•The Capire Production Center commenced pilot production in March 2013, with test operations continuing with mineral feed from the adjacent open-pit Capire Mine.
7
8. Long Term Goal and Mine Development Process
To build a profitable, mid-tier, multimillion ounce precious metals producing company with multiple
mines feeding multiple processing centres.
Exploration and Mine Development Process Flowchart
Over 3,000 old mine workings and prospects catalogued in IMPACT’s ArcGIS database
RESEARCH Compile old mines and prospects from historic maps
FIELD WORK Geological mapping, surface and underground rock sampling
Select and prioritize favorable areas and prospects and design the drill program
DRILLING Drill program will be results-driven and implemented in phases
Current targets:
•Capire (south)
•Mirasol
•La Condesa
•Santa Efigenia
•San Juan
MINE
DEVELOPMENT
Mine design, planning, permitting and construction
PRODUCTION
&
CASH FLOW
Pilot operations at Capire Plant with plans to expand to larger scale production in the future
•San Ramon
•Noche Buena
•Cuchara-Oscar
•Capire
8
9. Guadalupe Centre
Zacualpan District
500 TPD Flotation circuit Operating near capacity
Mill feed from San Ramon, Noche Buena & Cuchara-Oscar Mines (underground)
Capire Production Centre
Capire-Mamatla District
TPD
Pilot plant with expansion plans
Mill feed from
Capire Mine
(open-pit)
9
Guadalupe Production Centre Zacualpan District
500 TPD
Flotation circuit
operating near capacity
Mill feed from San Ramon, Noche Buena & Cuchara-Oscar Mines (epithermal, underground)
Capire Production Centre Capire-Mamatla District
200 TPD
Pilot plant operation with expansion plans
Mill feed from
Capire Mine
(VMS, open-pit)
Two Production Centres
10. 10
Guadalupe Production Centre
•Guadalupe Production Centre (500 tpd)
•Flotation circuit produces silver-lead and zinc-silver concentrates
11. 11
Capire Mine and Production Centre
•Capire Mine (VMS, open-pit)
•Capire Production Centre (200 tpd pilot plant)
12. San Ramon Began production in 2008 Epithermal veins Current primary producing mine in the Zacualpan District Contribution of total production in Q4 2013: 51%
Noche Buena
Began production in 2010
Epithermal veins in Valle de Oro subdistrict located in the Zacualpan District
Contribution of total production in Q4 2013: 17%
Cuchara-Oscar Corridor of wide, high-grade epithermal veins linking legacy mines within the Cuchara Mine Complex in the Zacualpan District Contribution of total production in Q4 2013 32%
Capire Volcanogenic sulfide deposit with high-grade polymetallic mineralization in the Capire-Mamatla District Contribution of total production in Q3 2013: 0% (In commissioning phase)
Four Producing Silver Mines
12
13. Geology of Epithermal Vein Systems
Silver-rich at top of vein 200 – 1,000+ g/t Ag
Lead and Zinc-rich at bottom of vein 60 – 150 g/t Ag
Gold-copper at depths of 300 m+
Metal Zoning in Ore Shoots
Strike Length 150 – 420 m (500 – 1,400 ft)
Metal Level in Producing Mines
Surface – 0 m (0 ft)
150 m (500 ft)
300 m (1,000 ft)
Depth
13
Noche Buena Mine
San Ramon Mine
Valle de Oro subdistrict Exploration property, includes Carlos Pacheco gold-copper zone and San Juan Project
Cuchara-Oscar Mine
14. Exploration Targets
Zacualpan District
•Mirasol
•La Condesa
•Santa Efigenia
Capire-Mamatla District
•Manto Rico
•Guadalupe
•Aurora II
Valle de Oro Subdistrict
•Carlos Pacheco
•San Juan Project
•Huatescosco
Dominican Republic
•Early stage exploration on legacy claims
623 km² land package*
* Does not include the Dominican Republic claims
•An abundance of attractive exploration targets across Zacualpan and Capire districts to drive organic growth and potentially advance into mine development and production.
14
Above: Statue of miner in Zacualpan’s town square, Mexico
15. Production Summary
Production Highlights
YTD 2014 End of June 30
YE 2013
YE 2012
Silver production (oz)
301,292
682,526
620,515
Gold production (oz)
596
1269
629
Average mill head grade (silver grams per tonne)
139
158
138
Total tonnes produced (t)
78,790
159,270
168,826
Tonnes produced per day
435
436
463
Revenue per production tonne sold
$71.4
$84
$94
Direct costs per production tonne
$71.2
$68
$62
15
Silver-Focused Producer
Silver 80.83%
5.54%
4.68%
8.94%
Revenue Breakdown by Metals (2013)
Silver production
(oz)
Lead production (t)
Zinc production (t)
Gold production
(oz)
17. All prices in Canadian Dollars
As of Sept 11 2014
Common shares – Issued & Outstanding
68.1 M
Fully Diluted
74.6 M
Share Price
$0.41
52wk Range
$0.36 - $1.02
90-Day Average Daily Volume
39,935 Shares
Market Capitalization
$28 M
Insider and Institutional Ownership
14.9%
Options Issued
6.4 M
Warrants
Nil
Corporate Summary (TSX-V: IPT)
17
Source: Yahoo Finance
1-Year Chart Summary
18. 2013
•30,000 meter exploration drill program (completed)
•Increase average silver mill feed grade (completed: Q1-146 g/t Ag; Q2 – 163 g/t Ag; Q3 – 171 g/t Ag)
•Complete drilling at Mirasol Prospect and determine its potential as next producing mine (completed)
2014
•Increase grade input at Guadalupe mill and focus on cost control to return to profitability
•Identify value generating alternatives to best use Capire facility
•Focus on cost control across company in case silver prices persist at current levels
2015
•Consider the location of an additional production center in the Zacualpan District
•Define the size of the planned expansion at the Capire Processing Centre and to initiate construction the larger processing plant
•Advance towards graduation from the TSX-V to the TSX
Plans for Growth
18
19. Contact Us
IMPACT Silver Corp. TSX-V: IPT Frankfurt: IKL US:ISVLF
Telephone
1-604-681-0172
Fax
1-604-681-6813
Email
inquiries@impactsilver.com
Investor Relations Manager
Jerry Huang MBA
Website
www.impactsilver.com
Twitter
@IMPACT_Silver
Corporate Address
Suite1100 - 543 Granville Street
Vancouver, BC, Canada V6C 1X8
19
20. Appendix I: Capire NI 43-101 Resource Estimate Completed February 2011
Metal Content for Capire Mine
Ag (oz)
Au (oz)
Cu (lb)
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 & Indicated (M&I)
7,224,035
30,446
7,083,007
37,264,478
95,662,993
Inferred
435,959
1,919
475,594
2,260,089
5,823,490
Summary Table of Classified Mineral Resources – Measured & Indicated and Separate Inferred
Zone
Classification
Tonnes
Ag (g/t)
Au (g/t)
Cu (%)
Pb (%)
Zn (%)
Capire
M&I
3,104,944
46.46
0.19
0.06
0.33
0.93
Aurora 1
M&I
1,807,302
44.50
0.199
0.07
0.36
0.80
Total
M&I
4,912,246
45.74
0.193
0.06
0.34
0.88
Inferred
371,066
36.54
0.161
0.06
0.28
0.71
•Drilling in 2010 showed Capire and Aurora 1 to be one continuous zone, now referred to as Capire
•See National Instrument 43-101 Resource Estimate on the Company website at www.impactsilver.com
20
21. Appendix II: Capire Drill Highlights
A Selection of Capire Drill Highlights
Drill Hole
From (m)
To
(m)
Interval
(m)
Ag (g/t)
Au (g/t)
Pb
(%)
Zn
(%)
Cu
(%)
C12-06
78.25
80.30
2.05
507
1.81
2.20
4.02
0.41
including
79.30
80.30
1.00
929
3.27
2.77
5.27
0.63
and
105.70
110.80
5.10
183
0.20
1.05
2.45
0.13
C12-21
83.35
100.10
16.75
153
0.40
1.14
2.71
0.21
including
92.40
97.00
4.60
435
0.71
3.13
5.99
0.48
C12-25
13.20
23.35
10.15
107
0.58
0.90
2.43
0.10
including
13.20
15.25
2.05
315
0.91
2.93
8.19
0.25
•Drill holes listed above were drilled vertically and all intersections are estimated to be close to true width
•See IMPACT Silver News Release dated October 25, 2012
21
22. Appendix III: Mirasol Drill Highlights
A Selection of Mirasol Drill Highlights
Drill Hole
Vein Name
From (m)
To
(m)
Interval
(m)
Ag (g/t)
Au (g/t)
Pb
(%)
Zn
(%)
Z12-71
Mirasol Central
73.9
82.9
8.98
183
0.030
0.07
0.14
including
Mirasol Central
75.2
82.4
7.15
216
0.040
0.08
0.16
Z12-79
Mirasol Arriba 4
111.22
113.36
2.14
119
0.014
0.07
0.18
and
Mirasol Arriba 3
127.25
128.40
1.15
400
0.034
0.13
0.08
and
Mirasol Arriba 1
162.60
164.48
1.88
529
0.283
0.37
1.31
Z12-80
El Deshuesadero
83.45
85.15
1.70
931
0.30
1.03
2.10
Z12-85
Mirasol Arriba 3
114.65
116.00
1.35
792
0.143
0.48
0.16
Z12-86
Mirasol
176.56
177.60
1.04
337
0.023
0.15
0.76
•Discovered in November 2012, located 5.5km from Guadalupe Production Center, in Zacualpan
•Several high grade silver values discovered, with drill hole Z12-79 encountering seven distinct veins, all of which are contributing potentially economic silver intersections. See IMPACT Silver News Releases dated January 28, 2013 and November 26, 2012
22
24. Appendix V: Valle de Oro Drill Highlights
A Selection of Carlos Pacheco Drill Highlights
Drill Hole
From (m)
To (m)
Interval (m)
Au (g/t)
Ag (g/t)
Cu (%)
Z08-68
Top of intercept - 85.74
2.90
19.6
68
0.29
including
Top of intercept - 85.74
1.0
49.7
59
0.31
Z12-13
192.30
199.00
6.70
3.84
28
0.54
including
192.30
195.05
2.75
8.47
56
1.12
Z12-23
229.85
230.95
1.10
3.82
84
0.54
A Selection of Intermediate Vein Drill Highlights
Drill Hole
From (m)
To (m)
Interval (m)
Au (g/t)
Ag (g/t)
Pb (%)
Zn (%)
Z12-16
100.00
114.30
14.30
0.04
82
0.09
0.19
including
100.00
106.50
6.50
0.06
119
0.06
0.14
Z12-18
57.00
59.00
2.00
0.20
337
0.23
0.43
Z12-23
26.10
28.10
2.00
0.22
207
0.10
0.15
•In addition to the gold-copper mineralization in the Carlos Pacheco vein, other drill holes intersected Ag-Pb-Zn mineralization in the Intermediate vein cluster, located midway between the Carlos Pacheco and Noche Buena veins. See IMPACT Silver News Releases dated December 4, 2008 and July 11, 2012
24
25. Appendix VI: La Condesa Drill Highlights
A Selection of La Condesa Drill Highlights
Drill Hole
To (m)
From (m)
Interval (m)
Ag (g/t)
Au (g/t)
Pb (%)
Zn (%)
Z12-39
167.30
171.00
3.70
312
0.029
0.27
0.90
Z12-42
136.00
139.78
3.78
214
0.269
0.15
0.37
Z12-45
177.90
179.00
1.10
1,655
0.010
0.25
0.08
Z12-46
151.40
154.25
2.85
255
0.111
0.22
0.46
Z12-55
57.80
59.60
1.80
245
0.030
0.12
0.36
Z12-63
106.50
108.85
2.35
231
0.010
0.16
0.26
Z12-64
101.10
105.55
4.45
200
0.035
0.21
0.49
Z12-68
46.40
50.30
3.90
250
0.009
0.07
0.16
•La Condesa accessed through the underground workings of the historic Cuchara Mine, which is also used to access the Cuchara-Oscar Mine
•Mineralization from La Condesa is planned to augment the production from Cuchara-Oscar
•See IMPACT Silver News Release dated November 19, 2012
25
26. Appendix VII: San Juan Project Drill Highlights
A Selection of San Juan Project Area Drill Highlights
Drill Hole
Vein Name
From (m)
To (m)
True Width (m)
Ag (g/t)
Au (g/t)
Pb (%)
Zn (%)
Z13-40
61.70
63.15
1.31
7.9
3.956
0.10
0.19
Z13-42
Carlos Pacheco
119.30
128.60
9.02
21.3
3.894
0.98
3.28
including
Carlos Pacheco
127.65
128.60
0.92
73.3
33.630
4.09
12.02
Z13-43
Carlos Pacheco
92.05
98.95
6.63
152.4
0.412
0.28
0.75
Z13-44
Noche Buena
11.60
14.00
2.07
1,409.8
0.963
0.29
0.34
including
Carlos Pacheco
158.05
162.40
4.03
30.9
4.070
0.18
0.83
Z13-45
Carlos Pacheco
14.60
22.55
7.47
41.64
0.050
0.18
0.25
and
Carlos Pacheco
169.00
173.00
3.78
18.3
9.350
0.04
0.08
•These first phase drill results are from the San Juan Project Area, located in the Valle de Oro subdistrict, adjacent to the producing Noche Buena Mine
•The San Juan Project Area encompasses a series of old mine workings containing multiple working levels located 150m to the north of the Noche Buena Mine. These old working lie along the northern extension of the Carlos Pacheco Vein, where previous drilling intersected 19.6g/t gold across 2.9m and 3.84g/t gold across 6.7m. See IMPACT Silver News Release dated October 30, 2013 for details.
26
