1
Cautionary Statement

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.

2
Overview

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.

3
Directors & Management

Frederick W. Davidson, CA

President, CEO,
Director

President of IMPACT Silver and Energold Drilling Corp. Over 35 years of
mining experience holding various senior positions, including 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.
4
Location Map in Mexico

• Nearly 100% owned and operated 623
km² (62,300 ha) mineral exploration
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 the processing plant
• 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
Prolific Mining History in Zacualpan District

• The Royal Mines of Zacualpan
Silver District is one of the oldest
mining districts in the Americas
• Over 3,000 old mine workings
have been catalogued to date,
forming the basis for modern
and effective exploration
• IMPACT purchased the
Zacualpan assets in 2006 and
consolidated the ownership of
the entire district for the first
time in its history
• The 623 km² land package
consists of the Zacualpan
District, the Capire District and
the Valle de Oro subdistrict
6
District Location Map

• The Royal Mines of
Zacualpan (“Zacualpan”) is a
100%-owned and operated,
423 km² land package
• The 500 tonne-per-day
(“tpd”)Guadalupe
Production Centre is fed by
three underground,
epithermal silver mines: The
San Ramon, the Noche
Buena and the CucharaOscar Mine
• The adjacent Capire District
is 200 km² at hosts a 200 tpd
pilot plant, fed by the nearby
VMS, open-pit Capire Mine
7
Long Term Goal and Development Plan

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
RESEARCH
Compile old
mines and
prospects
from historic
maps

FIELD WORK
Geological
mapping,
surface and
underground
rock sampling

DRILLING
Drill program
will be resultsdriven and
implemented
in phases

MINE
DEVELOPMENT
Mine design,
planning,
permitting and
construction

Over 3,000 old
mine workings
and prospects
catalogued in
IMPACT’s
ArcGIS
database

Select and
prioritize
favorable areas
and prospects
and design the
drill program

Current targets:

Pilot operations
at Capire Plant
with plans to
expand to larger
scale production
in the future

•
•
•
•
•
•
•

Capire (south)
Mirasol
La Condesa
Santa Efigenia
El Gigante
San Juan
Manto Rico

PRODUCTION
&
CASH FLOW

• San Ramon

• Noche Buena
• Cuchara-Oscar
• Capire

8
Two Production Centres

Guadalupe
Production Centre

Capire Production
Centre

Zacualpan District

Capire-Mamatla District

500 TPD

200 TPD

Operating near
capacity

Pilot plant with
expansion plans

Mill feed from
San Ramon,
Noche Buena &
Cuchara-Oscar Mines

Mill feed from
Capire Mine
(VMS, open-pit)

(epithermal, underground)
9
Guadalupe Production Centre

• Guadalupe Production Centre (500 tpd)

• Flotation circuit
10
Capire Mine & Production Centre

• Capire Production Centre (200 tpd pilot plant)

• Capire Mine (VMS, open-pit)
11
Four Producing Silver Mines

San Ramon

Noche Buena

Cuchara-Oscar

Capire

Began production in
2008

Began production in
2010

Began production in
2013

Epithermal veins
Current primary
producing mine in the
Zacualpan District

Epithermal veins in
Valle de Oro subdistrict
located in the
Zacualpan District

Corridor of wide, highgrade epithermal veins
linking legacy mines
within the Cuchara
Mine Complex in the
Zacualpan District

Volcanogenic
sulfide deposit with
high-grad polymetallic
mineralization in the
Capire-Mamatla
District

Production contribution
Q2 2013: 46%

Production contribution
Q2 2013: 32%

Production contribution
Q2 2013: 22%

Production contribution
Q2 2013: 0%
(In commissioning phase)

12
Geology of Epithermal Vein Systems

Metal Level in Producing Mines

Metal Zoning in Ore Shoots
Strike Length
150 – 420 m (500 – 1,400 ft)

Depth

Surface – 0 m (0 ft)

Cuchara-Oscar Mine

Silver-rich at top of vein
200 – 1,000+ g/t Ag

Noche Buena Mine

San Ramon Mine
Valle de Oro subdistrict
(Exploration property)

150 m (500 ft)

Lead and Zinc-rich
at bottom of vein
60 – 150 g/t Ag
300 m (1,000 ft)

Gold-copper at
depths of 300 m+

13
Exploration Targets

•

An abundance of attractive exploration targets across Zacualpan and Capire districts to
drive organic growth and potentially advance into mine development and production.
Zacualpan
District

Capire-Mamatla
District

• Mirasol
• La Condesa
• Santa Efigenia
• San Jaun

• Manto Rico
• Guadalupe
• Aurora II

Valle de Oro
Subdistrict
• Carlos Pacheco
• El Gigante
• Huatescosco

623 km²/
62,300 ha
land
package*

Dominican Republic
• Early stage exploration on
legacy claims

*Does not include the Dominican Republic claims

Statue of miner in front of Zacualpan’s main
church in the town’s centre

14
Valle de Oro – Gold Potential at Depth

•

First gold-copper zone found by
exploration team in a canyon below
the known silver veins in the
Zacualpan District

Hole
Number

Vein
Name

From
(m)

To
(m)

True
Width

Silver
(g/t)

Gold
(g/t)

•

•

Now known as the Valle de Oro, this
is an area of many silver veins with
gold and copper mineralization at
depth
The San Juan Project area
encompasses a series of old mine
workings located 150 m north of
the Noche Buena Mine on the
Carlos Pacheco vein
IMPACT’s previous drilling on Carlos
Pacheco intersected gold values
including 19.6 g/t gold across 2.9 m
and 3.84 g/t gold across 6.7 m

Carlos
Pacheco

61.70

63.15

1.31

7.9

3.956

Z13-42

Carlos
Pacheco

119.30

128.60

9.02

21.3

3.894

including

Carlos
Pacheco

127.65

128.60

0.92

73.3

33.630

Z13-44

•

Z13-40

Noche
Buena

11.60

14.00

2.07

1,409.8

0.963

and

Carlos
Pacheco

158.05

162.40

4.03

30.9

4.070

including

Carlos
Pacheco

158.05

160.00

1.89

59.9

7.666

Z13-45

Carlos
Pacheco

169.00

173.00

3.78

18.3

9.350

including

Carlos
Pacheco

171.00

173.00

1.89

12.8

17.100

See IMPACT News Release dated October 30, 2013 for more information

15
Production Summary

Production Highlights

Q2 2013

HY 2013

Silver production (oz)

185,998

351,649

620,515

Gold production (oz)

360

584

Silver-Focused Producer

629

YE 2012

2012 Metal Production
Silver - 85.5%

Average mill head grade
(silver grams per tonne)

163

155

138

Total tonnes produced (t)

42,086

84,095

168,826

Tonnes produced per day

462

467

463

Revenue per production
tonne

$89

$94

$94

Direct costs per
production tonne

$70

$67

$65

Lead - 4.2%
Zinc - 6.1%
Gold - 4.2%

16
Financial Highlights

Q2 2013

HY 2013

YE 2012

YE 2011

Revenues

$3.8

$8.0

$15.9

$24.3

Operating expenses

$3.2

$5.8

$10.3

$10.1

Mine operating earnings

$0.1

$1.2

$4.0

$12.9

EBITDA

($1.4)

($1.2)

$1.6

$13.0

Net earnings (loss)

($1.9)

($2.6)

($1.1)

$7.6

Operating cash flow*

($0.2)

$0.6

$3.3

$10.2

Nil

Nil

Nil

Nil

($0.03)

($0.04)

($0.02)

$0.12

Cash and cash equivalents

$10.0

$10.0

$16.0

$30.8

Working capital

$12.7

$12.7

$21.4

$31.2

(CDN$000’000’s except EPS)

Debt
Earnings (loss) per share – basic

17
*Before changes in non-cash working capital
Corporate Summary (TSX-V: IPT)

All prices in Canadian Dollars

As of October 28, 2013

Common shares –
Issued & Outstanding

68.1M

Fully Diluted

74.8M

Share Price

1-Year Chart Summary

$0.71

52wk Range

$0.52 - $1.43

90-Day Average Daily
Volume

58,543

Market Capitalization

48.4M

Insider Ownership

7.3%

Options Issued

Source: BigCharts.com

6.7M

Warrants

Nil
18
Plans for Growth

2013

• 30,000 meter exploration drill program (underway)
• Increase average silver feed grade at the Guadalupe Mill (underway)
• Complete drilling at Mirasol Prospect and determine its potential as next
producing mine (underway)

2014

• Continue drilling on the VMS targets in the Capire district
• Goal of completing graduation to the TSX from the TSX-V

2015

• Consider the location of an additional processing centre in the
Zacualpan District
• Define the size of the planned expansion at the Capire Processing
Centre and to initiate construction the larger processing plant
19
Contact Us

IMPACT Silver Corp.
TSX-V: IPT Frankfurt: IKL
Telephone

1-604-681-0172

Fax

1-604-681-6813

Email

Investor Relations
Website
Twitter
Corporate Address

inquiries@impactsilver.com

Meghan Brush
www.impactsilver.com
@IMPACT_Silver
1100 - 543 Granville Street
Vancouver, BC, Canada V6C 1X8

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

435,959

1,919

475,594

2,260,089

5,823,490

Inferred

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

M&I

4,912,246

45.74

0.193

0.06

0.34

0.88

371,066

36.54

0.161

0.06

0.28

0.71

Total
•

Inferred

Drilling in 2010 showed Capire and Aurora 1 to be one continuous zone, now referred to as Capire

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

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

and

•
•

Drill holes listed above were drilled vertically and all intersections are estimated to be close to true width
See News Release dated October 25, 2012

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 Processing Plant, 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 News Releases dated January 28, 2013 and November 26, 2012

23
APPENDIX IV: Cuchara-Oscar Drill 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

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

and

•

See News Releases dated October 26, 2011 and April 23, 2012
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 News Releases dated December 4, 2008
and July 11, 2012

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 News Release dated November 19, 2012
26
27

Impact Silver Presentation

  • 1.
  • 2.
    Cautionary Statement Except forhistorical 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. 2
  • 3.
    Overview GROWING ASSETS CONTINUOUS EXPLORATION PRUDENT MANAGEMENT IMPACT Silver isa 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. 3
  • 4.
    Directors & Management FrederickW. Davidson, CA President, CEO, Director President of IMPACT Silver and Energold Drilling Corp. Over 35 years of mining experience holding various senior positions, including 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. 4
  • 5.
    Location Map inMexico • Nearly 100% owned and operated 623 km² (62,300 ha) mineral exploration 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 the processing plant • 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
  • 6.
    Prolific Mining Historyin Zacualpan District • The Royal Mines of Zacualpan Silver District is one of the oldest mining districts in the Americas • Over 3,000 old mine workings have been catalogued to date, forming the basis for modern and effective exploration • IMPACT purchased the Zacualpan assets in 2006 and consolidated the ownership of the entire district for the first time in its history • The 623 km² land package consists of the Zacualpan District, the Capire District and the Valle de Oro subdistrict 6
  • 7.
    District Location Map •The Royal Mines of Zacualpan (“Zacualpan”) is a 100%-owned and operated, 423 km² land package • The 500 tonne-per-day (“tpd”)Guadalupe Production Centre is fed by three underground, epithermal silver mines: The San Ramon, the Noche Buena and the CucharaOscar Mine • The adjacent Capire District is 200 km² at hosts a 200 tpd pilot plant, fed by the nearby VMS, open-pit Capire Mine 7
  • 8.
    Long Term Goaland Development Plan 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 RESEARCH Compile old mines and prospects from historic maps FIELD WORK Geological mapping, surface and underground rock sampling DRILLING Drill program will be resultsdriven and implemented in phases MINE DEVELOPMENT Mine design, planning, permitting and construction Over 3,000 old mine workings and prospects catalogued in IMPACT’s ArcGIS database Select and prioritize favorable areas and prospects and design the drill program Current targets: Pilot operations at Capire Plant with plans to expand to larger scale production in the future • • • • • • • Capire (south) Mirasol La Condesa Santa Efigenia El Gigante San Juan Manto Rico PRODUCTION & CASH FLOW • San Ramon • Noche Buena • Cuchara-Oscar • Capire 8
  • 9.
    Two Production Centres Guadalupe ProductionCentre Capire Production Centre Zacualpan District Capire-Mamatla District 500 TPD 200 TPD Operating near capacity Pilot plant with expansion plans Mill feed from San Ramon, Noche Buena & Cuchara-Oscar Mines Mill feed from Capire Mine (VMS, open-pit) (epithermal, underground) 9
  • 10.
    Guadalupe Production Centre •Guadalupe Production Centre (500 tpd) • Flotation circuit 10
  • 11.
    Capire Mine &Production Centre • Capire Production Centre (200 tpd pilot plant) • Capire Mine (VMS, open-pit) 11
  • 12.
    Four Producing SilverMines San Ramon Noche Buena Cuchara-Oscar Capire Began production in 2008 Began production in 2010 Began production in 2013 Epithermal veins Current primary producing mine in the Zacualpan District Epithermal veins in Valle de Oro subdistrict located in the Zacualpan District Corridor of wide, highgrade epithermal veins linking legacy mines within the Cuchara Mine Complex in the Zacualpan District Volcanogenic sulfide deposit with high-grad polymetallic mineralization in the Capire-Mamatla District Production contribution Q2 2013: 46% Production contribution Q2 2013: 32% Production contribution Q2 2013: 22% Production contribution Q2 2013: 0% (In commissioning phase) 12
  • 13.
    Geology of EpithermalVein Systems Metal Level in Producing Mines Metal Zoning in Ore Shoots Strike Length 150 – 420 m (500 – 1,400 ft) Depth Surface – 0 m (0 ft) Cuchara-Oscar Mine Silver-rich at top of vein 200 – 1,000+ g/t Ag Noche Buena Mine San Ramon Mine Valle de Oro subdistrict (Exploration property) 150 m (500 ft) Lead and Zinc-rich at bottom of vein 60 – 150 g/t Ag 300 m (1,000 ft) Gold-copper at depths of 300 m+ 13
  • 14.
    Exploration Targets • An abundanceof attractive exploration targets across Zacualpan and Capire districts to drive organic growth and potentially advance into mine development and production. Zacualpan District Capire-Mamatla District • Mirasol • La Condesa • Santa Efigenia • San Jaun • Manto Rico • Guadalupe • Aurora II Valle de Oro Subdistrict • Carlos Pacheco • El Gigante • Huatescosco 623 km²/ 62,300 ha land package* Dominican Republic • Early stage exploration on legacy claims *Does not include the Dominican Republic claims Statue of miner in front of Zacualpan’s main church in the town’s centre 14
  • 15.
    Valle de Oro– Gold Potential at Depth • First gold-copper zone found by exploration team in a canyon below the known silver veins in the Zacualpan District Hole Number Vein Name From (m) To (m) True Width Silver (g/t) Gold (g/t) • • Now known as the Valle de Oro, this is an area of many silver veins with gold and copper mineralization at depth The San Juan Project area encompasses a series of old mine workings located 150 m north of the Noche Buena Mine on the Carlos Pacheco vein IMPACT’s previous drilling on Carlos Pacheco intersected gold values including 19.6 g/t gold across 2.9 m and 3.84 g/t gold across 6.7 m Carlos Pacheco 61.70 63.15 1.31 7.9 3.956 Z13-42 Carlos Pacheco 119.30 128.60 9.02 21.3 3.894 including Carlos Pacheco 127.65 128.60 0.92 73.3 33.630 Z13-44 • Z13-40 Noche Buena 11.60 14.00 2.07 1,409.8 0.963 and Carlos Pacheco 158.05 162.40 4.03 30.9 4.070 including Carlos Pacheco 158.05 160.00 1.89 59.9 7.666 Z13-45 Carlos Pacheco 169.00 173.00 3.78 18.3 9.350 including Carlos Pacheco 171.00 173.00 1.89 12.8 17.100 See IMPACT News Release dated October 30, 2013 for more information 15
  • 16.
    Production Summary Production Highlights Q22013 HY 2013 Silver production (oz) 185,998 351,649 620,515 Gold production (oz) 360 584 Silver-Focused Producer 629 YE 2012 2012 Metal Production Silver - 85.5% Average mill head grade (silver grams per tonne) 163 155 138 Total tonnes produced (t) 42,086 84,095 168,826 Tonnes produced per day 462 467 463 Revenue per production tonne $89 $94 $94 Direct costs per production tonne $70 $67 $65 Lead - 4.2% Zinc - 6.1% Gold - 4.2% 16
  • 17.
    Financial Highlights Q2 2013 HY2013 YE 2012 YE 2011 Revenues $3.8 $8.0 $15.9 $24.3 Operating expenses $3.2 $5.8 $10.3 $10.1 Mine operating earnings $0.1 $1.2 $4.0 $12.9 EBITDA ($1.4) ($1.2) $1.6 $13.0 Net earnings (loss) ($1.9) ($2.6) ($1.1) $7.6 Operating cash flow* ($0.2) $0.6 $3.3 $10.2 Nil Nil Nil Nil ($0.03) ($0.04) ($0.02) $0.12 Cash and cash equivalents $10.0 $10.0 $16.0 $30.8 Working capital $12.7 $12.7 $21.4 $31.2 (CDN$000’000’s except EPS) Debt Earnings (loss) per share – basic 17 *Before changes in non-cash working capital
  • 18.
    Corporate Summary (TSX-V:IPT) All prices in Canadian Dollars As of October 28, 2013 Common shares – Issued & Outstanding 68.1M Fully Diluted 74.8M Share Price 1-Year Chart Summary $0.71 52wk Range $0.52 - $1.43 90-Day Average Daily Volume 58,543 Market Capitalization 48.4M Insider Ownership 7.3% Options Issued Source: BigCharts.com 6.7M Warrants Nil 18
  • 19.
    Plans for Growth 2013 •30,000 meter exploration drill program (underway) • Increase average silver feed grade at the Guadalupe Mill (underway) • Complete drilling at Mirasol Prospect and determine its potential as next producing mine (underway) 2014 • Continue drilling on the VMS targets in the Capire district • Goal of completing graduation to the TSX from the TSX-V 2015 • Consider the location of an additional processing centre in the Zacualpan District • Define the size of the planned expansion at the Capire Processing Centre and to initiate construction the larger processing plant 19
  • 20.
    Contact Us IMPACT SilverCorp. TSX-V: IPT Frankfurt: IKL Telephone 1-604-681-0172 Fax 1-604-681-6813 Email Investor Relations Website Twitter Corporate Address inquiries@impactsilver.com Meghan Brush www.impactsilver.com @IMPACT_Silver 1100 - 543 Granville Street Vancouver, BC, Canada V6C 1X8 20
  • 21.
    APPENDIX I: CapireNI 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 95,662,993 435,959 1,919 475,594 2,260,089 5,823,490 Inferred 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 M&I 4,912,246 45.74 0.193 0.06 0.34 0.88 371,066 36.54 0.161 0.06 0.28 0.71 Total • Inferred Drilling in 2010 showed Capire and Aurora 1 to be one continuous zone, now referred to as Capire 21
  • 22.
    APPENDIX II: CapireDrill 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 0.63 105.70 110.80 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 and • • Drill holes listed above were drilled vertically and all intersections are estimated to be close to true width See News Release dated October 25, 2012 22
  • 23.
    APPENDIX III: MirasolDrill 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 Processing Plant, 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 News Releases dated January 28, 2013 and November 26, 2012 23
  • 24.
    APPENDIX IV: Cuchara-OscarDrill 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 4.0 108.95 111.70 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 and • See News Releases dated October 26, 2011 and April 23, 2012 24
  • 25.
    APPENDIX V: Vallede 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 News Releases dated December 4, 2008 and July 11, 2012 25
  • 26.
    APPENDIX VI: LaCondesa 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 News Release dated November 19, 2012 26
  • 27.