IMPACT Silver owns 357 square kilometers of mineral concessions in central Mexico containing numerous historic silver mines. The company operates two processing plants fed by three producing silver mines - San Ramon, Cuchara-Oscar, and Mirasol. Exploration continues across the large land package with the aim of discovering additional resources near existing infrastructure. Recent drilling has expanded high-grade silver mineralization at depth below the San Ramon mine.

1. TSX.V : IPT
March 2016

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.
Cautionary Statements
2

3. SILVER
PRODUCTION
NEW HIGHER
GRADE SILVER
MINES
GOLD & COPPER
ZONES
EXTENSIVE
EXPLORATION
UPSIDE
HIGH GRADE
DRILL TARGETS
IMPACT Silver has been a steady silver producer for the past 10 years with low cost
operations on one large property covering two silver districts in central Mexico.
2014 saw initial test mining of new gold zones and metallurgical testing of copper zones
in the Carlos Pacheco area, with the future aim to diversify Company metal production
In response to lower silver prices, mining has successfully transitioned much of its
production to new higher grade silver mines at San Ramon and Mirasol
Exploration continues to evaluate some of the 4,500+ historic mine workings in the district
indicative of extensive silver and gold mineralizing systems
New high grade drill targets have been defined on large vein systems in the San Ramon
Deeps, Alacran North, El Paso and San Pablo Norte areas
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; also 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.
Victor Tanaka, P. Geo Director President & 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.
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.
Directors & Management
4

5. • 100% owned and operated large 357 km² (35,700 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.
• Many other significant mining operations in the region.
5
Property Description

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 large land package has a long history
of silver mining and recently began a new era
with the test mining of gold on the property
• IMPACT’s exploration work has catalogued
over 4,500 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
6
El CalvarioNombre de Dios
Some of the 42 historic processing
plants of the Zacualpan District
La Cadena
La
Fortuna
La Zorra
El Calvario

7. Mines and Processing Plants
• Two Processing Plants and multiple mines
• The 500-tpd Guadalupe Production Center is
the main production facility which receives
mineral from three underground mines
located within close proximity:
• San Ramon Silver Mine
• Cuchara-Oscar Silver Mine
• Mirasol Silver Mine
• 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
7

8. 8
One Property - Two Processing Plants
GUADALUPE PRODUCTION CENTRE (500 TPD) CAPIRE PILOT PLANT (200 TPD)

9. Mirasol
Began production in Q2/2014
High grade epithermal silver veins
Part of production transition to mining of
higher grade silver veins in response to
lower silver prices
Contribution to total production in
Q4.2015: 15% and expanding
San Ramon
Began production in 2004.
Current high grade silver production from
new large vein at depth – San Ramon
Deeps
Wide high grade drill results recently
announced – drilling continues
Contribution to total production in
Q4.2015: 40%
Cuchara-Oscar
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
Q4.2015: 45%
One Property - Three Producing Mines
9

10. 10
San Ramon Deeps
High Grade Silver Mine , New Drill Results
• Recent drilling has been expanding
the new deep high grade silver vein
at the San Ramon Mine – the San
Ramon Deeps Zone
• Recent mining is averaging
231g/t Silver (mining diluted grade)
from Levels 18, 19, 20, 21
• The zone remains open for
expansion to the south, down dip
and up dip with additional
underground drilling in progress
Open for
expansion
Open for
expansion

11. 11
Big Exploration Upside
• Exploration continues to evaluate the
4,500+ 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 Mirasol mines
• Area 2: Early stage exploration for
Zacualpan southeast extension silver veins
• Area 3: Brownfields to intermediate
exploration on silver-rich VMS and vein
targets; includes the open pit Capire mine
• Area 4: Brownfields to early stage
exploration on copper-gold and silver vein
targets
Area 1
Area 3
Area 4
Area 2

12. 12
Area 1: Alacran North Exploration Area
• Numerous drill targets are being
developed on veins with high silver and
gold assays located 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
• 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
1.2+kmzone
AlacranDeepsDrillTarget
Drill Targets
Guadalupe Deeps
El Paso
San Ignacio
Remedios
El Progresso
Alacran Deeps
Guadalupe Mine
>>10M oz Ag
historic production
Alacran Mine
Large historic
silver & gold production

13. 13
Area 2: San Pablo North Exploration Area
• Early stage exploration
has discovered
numerous old mines
and old processing
plants
• These old mines are
being opened and
sampled to develop
drill targets
• Further work is
planned in this area of
high potential for silver
Old Mines
Epithermal Silver Veins
Old Processing Plants
Old mines
High
Discovery
Potential

14. Area 3: Capire Mine and Plant
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
Mill
Tailings facility
3D model of
planned
open-pit
12
N

15. New Capire NI43-101 Mineral Resources
• Mineral Resources are current as at January 9, 2016. The reported mineral resource (“Base Case”) cutoff grade is US$30/tonne in the table.
Steven Ristorcelli, C.P.G. (U.S.A.), Principal Geologist for Mine Development Associates and a Qualified Person under the meaning of
Canadian National Instrument 43-101, is responsible for this Capire project mineral resource estimate (See IMPACT Silver news release
dated January 18, 2016 for supporting information and other details.)
14
Cutoff Inferred
US$ Tonnes US$ g Ag/t %Zn %Pb Oz Ag lbs Zn lbs Pb
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
30 1,786,000 63.74 79.49 1.22 0.54 4,563,000 47,975,000 21,423,000
35 1,490,000 69.96 87.65 1.33 0.59 4,199,000 43,692,000 19,504,000
40 1,242,000 76.47 96.20 1.45 0.65 3,842,000 39,596,000 17,666,000
45 1,035,000 83.30 105.37 1.56 0.70 3,507,000 35,693,000 15,905,000
50 859,000 90.69 115.49 1.69 0.75 3,189,000 31,983,000 14,203,000
60 636,000 103.31 133.60 1.88 0.84 2,732,000 26,339,000 11,793,000
70 489,000 114.89 150.72 2.04 0.92 2,370,000 22,034,000 9,909,000
80 381,000 126.33 167.97 2.20 0.99 2,057,000 18,455,000 8,338,000
90 294,000 138.53 187.15 2.34 1.07 1,772,000 15,194,000 6,966,000

16. Geology of Epithermal Vein Systems
Silver-rich at top of vein
150 – 1,000+ g/t Silver
Lead and Zinc-rich at
bottom of vein
50 – 120 g/t Silver
Gold-copper at depths
of 300 m+
Metal Zoning in Mineral Shoots
Strike Length
150 – 1200 m (500 – 4,000 ft)
Metal Level in Producing Mines
Surface – 0 m (0 ft)
150 m (500 ft)
300 m (1,000 ft)
Depth
16
San Ramon Mine Deeps
Carlos Pacheco/San Juan
Mine
Mirasol Zone
Cuchara-Oscar Mine

17. 17
Area 4: Carlos Pacheco / San Juan Gold-Copper Zone
• Test mining of gold and
metallurgical testing of copper
carried out at Carlos Pacheco
South in 2014
• Drilling in 2013-14 began
outlining the larger San Juan Gold-
Copper Zone
• The Zone remains open for
expansion to depth with additional
drilling planned

18. 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 4,500
old mines and
prospects
catalogued
to date
Prioritize and
select
areas and
prospects
for drilling
• San Ramon
Deeps
•Alacran North
(drilling planned)
• El Paso
(drilling planned)
•San Ramon
Deeps
•Cuchara-Oscar
•Mirasol
• San Patricio
•Cuchara-Condesa
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

19. Production Summary
Production Highlights YE 2015 YE 2014 YE 2013 YE 2012
Silver production (oz) 950,059 725,733 682,526 620,515
Gold production (oz) 495 989 1,269 629
Average mill head grade
(silver grams per tonne)
193 159 158 138
Total tonnes produced (t) 170,509 162,266 159,270 168,826
Tonnes produced per day 467 445 436 463
Revenue per production
tonne sold
$85 $74 $84 $94
Direct costs per
production tonne
$72 $69 $68 $62
19
Silver-Focused Producer
Production Breakdown by Metal Value (2015)
Silver
Gold
Lead
Zinc
Silver 89%

20. (CDN$000’000’s except EPS) YE 2015 YE 2014 YE 2013 YE 2012
Revenues $14.7 $12.0 $14.1 $15.9
Operating expenses $12.6 $12.0 11.4 $10.3
Mine operating earnings (loss)* $2.0 ($0.0) $2.7 $5.6
EBITDA $0.4 ($2.0) ($4.7) $1.6
Net earnings (loss) ($1.4) ($3.5) ($8.5) ($1.1)
Operating cash flow** $2.4 ($0.7) $0.6 $3.3
Debt Nil Nil Nil Nil
Earnings (loss) per share – basic ($0.02) ($0.05) ($0.13) ($0.02)
Cash and cash equivalents $0.7 $0.6 $3.5 $16.0
Working capital $2.9 $3.7 $6.9 $21.4
20
*Before Amortization and Depletion
**Before changes in non-cash working capital
Financial Highlights

21. All prices in Canadian Dollars As of March 14, 2015
Common shares – Issued & Outstanding 68.1 M
Fully Diluted 73.0 M
Share Price $0.315
52wk Range $0.11 - $0.35
3 Month Average Daily Volume 134,508 Shares
Market Capitalization $21.5M
Insider and Institutional Ownership 19.5%
Options Issued 4.86 M
Warrants Nil
Corporate Summary (TSX.V: IPT)
21
Source: Yahoo Finance
1-Year Chart Summary

22. 2016
• CONTINUE TO UPGRADE AND EXPAND SILVER PRODUCTION
• Continue mine development and drilling to expand high grade silver production at San Ramon Deeps
• Continue to upgrade production at Cuchara and Mirasol Mines
• Prepare San Patricio Silver Mine for production
• Increase cash flows through continued improvements in grade and cost controls, and continue to
optimize operating controls at all mines
• Exploration on select targets among the >4,500 silver and gold-copper old mine prospects
• Identify and Evaluate strategic opportunities for financing and acquisitions
2017+
• EXPANSION AND EXPLORATION
• Drill exploration targets at Alacran North, El Paso & San Pablo Norte
• Consider placing San Juan Gold-Copper Zone (Noche Buena Mine) 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
The Plan Forward (2016)
22

23. The Road to Growth
23
1. Growth through incremental Production
 Silver production has been increasing quarter on quarter due to mining of higher silver grades
2. Growth through Underground Development
 Improvement of underground access at San Ramon will allow more rapid mining of silver from the wide and high grade San Ramon Deeps Zone
3. Growth through Mine Drilling
 Underground drilling is expanding the high grade San Ramon Deeps Zone
 Underground drilling is expanding the Cuchara-Oscar Zone
4. Growth through Defined Lower Grade Resource Base
 Lower grade resources available for production at higher silver and gold prices have been defined at Capire, Carlos Pacheco-San Juan and elsewhere
5. Growth through Metal Diversification
 Mining and exploration of gold and copper zones beneath the known silver zones began with first mining and processing from the Carlos Pacheco
South Zone in 2014
6. Growth through Spare Production Capacity
 The Capire processing plant is on care and maintenance and available for rapid start-up to increase production
 The Capire plant infrastructure was built with room for expansion to 1,000+ tpd
7. Growth through Brownfields Exploration
 Numerous drill targets on high grade silver and gold zones have been defined and are ready for drilling
 Over 4,500 historic mine workings have been catalogued demonstrating extensive exploration upside and the basis for defining future drill targets
8. Growth through Acquisitions and M&A

24. Contact Us
IMPACT Silver Corp.
TSX-V: IPT Frankfurt: IKL
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
24

25. Appendix I: San Ramon Deeps Drilling Highlights
A Selection of San Ramon Deeps Drilling Highlights
Drill Hole Vein True Width (m) Ag (g/t) Au (g/t) Pb (%) Zn (%)
SR14-01 San Ramon HW2 6.57 393 0.20 0.50 1.64
MPZ-186 Inmaculada 2 5.80 552 0.28 0.44 1.34
Including 2.84 1,025 0.53 0.81 2.45
MPZ-187 Inmaculada 2 4.08 319 0.17 0.23 0.44
MPZ-195 Inmaculada 2 7.89 425 0.12 0.31 0.67
MPZ-197 Inmaculada 2 11.44 185 0.05 0.13 0.29
Including 4.50 310 0.07 0.13 0.43
MPZ-198 Inmaculada 2 6.80 432 0.09 0.32 1.00
MPZ-200 Inmaculada 2 10.38 178 0.10 0.21 0.51
25
• The San Ramon Deeps Zone appears to be a new mineralized shoot beside the original Upper San Ramon Zone
• San Ramon Deeps remains open in all directions for expansion; drilling is continuing
• See IMPACT Silver News Releases dated March 31, 2015, January 12, 2016 and March 2, 2016 for details

26. Appendix II: Mirasol Drilling Highlights
A Selection of Mirasol Drill Highlights
Drill Hole Vein Name From (m)
To
(m)
True Width
(m)
Ag (g/t) Au (g/t)
Pb
(%)
Zn
(%)
Z12-71 Mirasol Central 73.9 82.9 8.94 183 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 3 127.25 128.40 1.14 400 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 1.55 931 0.300 1.03 2.10
Z12-82 Mirasol 188.75 190.55 1.80 946 0.893 1.51 3.43
Z12-85 Mirasol Arriba 3 147.15 148.26 1.11 1,064 0.187 0.46 2.05
Z12-86 El Deshuesadero 217.25 220.70 3.20 289 0.090 0.14 0.51
• Mirasol was discovered in November 2012, 5.5km from the Guadalupe Production Center, in Zacualpan
• For details see IMPACT Silver News Releases dated January 28, 2013 and November 26, 2012
26

27. Appendix III: Cuchara-Oscar Drilling Highlights
A Selection of Cuchara-Oscar Drill Highlights
Drill Hole To (m) From (m) Interval (m) Ag (g/t) Au (g/t) Pb (%) Zn (%)
Z11-46 92.10 97.75 5.65 1,007 0.07 0.50 1.1
including 96.70 97.75 1.05 4,580 0.26 1.70 4.0
and 108.95 111.70 2.75 1,128 0.51 0.90 1.4
Z11-55 21.80 22.85 1.05 435 0.01 0.15 0.24
Z11-64 36.60 43.20 6.60 223 0.08 0.18 0.52
Z11-69 0.70 3.35 2.65 408 0.62 0.73 1.12
Z11-74 21.35 22.35 1.00 1,875 0.74 2.65 6.88
Z12-05 92.50 97.60 5.10 234 0.05 0.14 0.49
Z12-08 22.36 45.75 23.39 115 0.02 0.12 0.36
• See IMPACT Silver News Releases dated October 26, 2011 and April 23, 2012 for details
27

28. Appendix VI: Condesa (Cuchara) Drilling Highlights
A Selection of Condesa (Cuchara) 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
28
• Condesa may be accessed through the underground workings of the Cuchara Mine,
• Mineralization from Condesa is planned to augment production from the Cuchara, Oscar and Santa Lucia Veins in the Cuchara Mine
• See IMPACT Silver News Release dated November 19, 2012 for details

29. Appendix V: Capire Drilling 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 Releases dated October 25, 2012 for drilling details and March 3, 2016 for new Capire zone mineral resource estimate
29

30. Appendix VI: Carlos Pacheco Drilling 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
30
• See IMPACT Silver News Releases dated December 4, 2008 and July 11, 2012 for details

31. Appendix VII: San Juan Project Drilling 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 (%) Cu(%)
Z13-42 Carlos Pacheco 119.30 128.60 9.02 21.3 3.894 0.98 3.28 0.11
including Carlos Pacheco 127.65 128.60 0.92 73.3 33.630 4.09 12.02 0.10
Z13-44 Noche Buena 11.60 14.00 2.07 1,409.8 0.963 0.29 0.34 0.03
and Carlos Pacheco 158.05 162.40 4.03 30.9 4.070 0.18 0.83 0.12
Z13-45 Carlos Pacheco 169.00 173.00 3.78 18.3 9.350 0.04 0.08 0.22
Z13-60 Noche Buena 16.15 28.35 12.20 300.5 0.256 0.06 0.19 0.01
Z13-67 Carlos Pacheco 14.60 22.55 7.17 37.20 3.439 0.02 0.07 0.53
Z13-71 Carlos Pacheco 157.45 160.75 3.19 276.9 10.343 0.56 0.76 1.88
Z13-76 Noche Buena 52.00 57.87 5.67 994.2 1.102 0.27 0.28 0.02
• 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.
31

32. 32