IMPACT Silver is a silver producer with operations in Mexico. It operates two processing centers and mines silver from multiple deposits. Exploration is ongoing across its large land package to grow production and define new resources. Financial results have been impacted by lower silver prices but the company aims to increase throughput and grades from its expanding mine operations.
US Economic Outlook - Being Decided - M Capital Group August 2021.pdfpchutichetpong
The U.S. economy is continuing its impressive recovery from the COVID-19 pandemic and not slowing down despite re-occurring bumps. The U.S. savings rate reached its highest ever recorded level at 34% in April 2020 and Americans seem ready to spend. The sectors that had been hurt the most by the pandemic specifically reduced consumer spending, like retail, leisure, hospitality, and travel, are now experiencing massive growth in revenue and job openings.
Could this growth lead to a “Roaring Twenties”? As quickly as the U.S. economy contracted, experiencing a 9.1% drop in economic output relative to the business cycle in Q2 2020, the largest in recorded history, it has rebounded beyond expectations. This surprising growth seems to be fueled by the U.S. government’s aggressive fiscal and monetary policies, and an increase in consumer spending as mobility restrictions are lifted. Unemployment rates between June 2020 and June 2021 decreased by 5.2%, while the demand for labor is increasing, coupled with increasing wages to incentivize Americans to rejoin the labor force. Schools and businesses are expected to fully reopen soon. In parallel, vaccination rates across the country and the world continue to rise, with full vaccination rates of 50% and 14.8% respectively.
However, it is not completely smooth sailing from here. According to M Capital Group, the main risks that threaten the continued growth of the U.S. economy are inflation, unsettled trade relations, and another wave of Covid-19 mutations that could shut down the world again. Have we learned from the past year of COVID-19 and adapted our economy accordingly?
“In order for the U.S. economy to continue growing, whether there is another wave or not, the U.S. needs to focus on diversifying supply chains, supporting business investment, and maintaining consumer spending,” says Grace Feeley, a research analyst at M Capital Group.
While the economic indicators are positive, the risks are coming closer to manifesting and threatening such growth. The new variants spreading throughout the world, Delta, Lambda, and Gamma, are vaccine-resistant and muddy the predictions made about the economy and health of the country. These variants bring back the feeling of uncertainty that has wreaked havoc not only on the stock market but the mindset of people around the world. MCG provides unique insight on how to mitigate these risks to possibly ensure a bright economic future.
how can I sell pi coins after successfully completing KYCDOT TECH
Pi coins is not launched yet in any exchange 💱 this means it's not swappable, the current pi displaying on coin market cap is the iou version of pi. And you can learn all about that on my previous post.
RIGHT NOW THE ONLY WAY you can sell pi coins is through verified pi merchants. A pi merchant is someone who buys pi coins and resell them to exchanges and crypto whales. Looking forward to hold massive quantities of pi coins before the mainnet launch.
This is because pi network is not doing any pre-sale or ico offerings, the only way to get my coins is from buying from miners. So a merchant facilitates the transactions between the miners and these exchanges holding pi.
I and my friends has sold more than 6000 pi coins successfully with this method. I will be happy to share the contact of my personal pi merchant. The one i trade with, if you have your own merchant you can trade with them. For those who are new.
Message: @Pi_vendor_247 on telegram.
I wouldn't advise you selling all percentage of the pi coins. Leave at least a before so its a win win during open mainnet. Have a nice day pioneers ♥️
#kyc #mainnet #picoins #pi #sellpi #piwallet
#pinetwork
Exploring Abhay Bhutada’s Views After Poonawalla Fincorp’s Collaboration With...beulahfernandes8
The financial landscape in India has witnessed a significant development with the recent collaboration between Poonawalla Fincorp and IndusInd Bank.
The launch of the co-branded credit card, the IndusInd Bank Poonawalla Fincorp eLITE RuPay Platinum Credit Card, marks a major milestone for both entities.
This strategic move aims to redefine and elevate the banking experience for customers.
The Evolution of Non-Banking Financial Companies (NBFCs) in India: Challenges...beulahfernandes8
Role in Financial System
NBFCs are critical in bridging the financial inclusion gap.
They provide specialized financial services that cater to segments often neglected by traditional banks.
Economic Impact
NBFCs contribute significantly to India's GDP.
They support sectors like micro, small, and medium enterprises (MSMEs), housing finance, and personal loans.
how can i use my minded pi coins I need some funds.DOT TECH
If you are interested in selling your pi coins, i have a verified pi merchant, who buys pi coins and resell them to exchanges looking forward to hold till mainnet launch.
Because the core team has announced that pi network will not be doing any pre-sale. The only way exchanges like huobi, bitmart and hotbit can get pi is by buying from miners.
Now a merchant stands in between these exchanges and the miners. As a link to make transactions smooth. Because right now in the enclosed mainnet you can't sell pi coins your self. You need the help of a merchant,
i will leave the telegram contact of my personal pi merchant below. 👇 I and my friends has traded more than 3000pi coins with him successfully.
@Pi_vendor_247
The secret way to sell pi coins effortlessly.DOT TECH
Well as we all know pi isn't launched yet. But you can still sell your pi coins effortlessly because some whales in China are interested in holding massive pi coins. And they are willing to pay good money for it. If you are interested in selling I will leave a contact for you. Just telegram this number below. I sold about 3000 pi coins to him and he paid me immediately.
Telegram: @Pi_vendor_247
how to sell pi coins on Bitmart crypto exchangeDOT TECH
Yes. Pi network coins can be exchanged but not on bitmart exchange. Because pi network is still in the enclosed mainnet. The only way pioneers are able to trade pi coins is by reselling the pi coins to pi verified merchants.
A verified merchant is someone who buys pi network coins and resell it to exchanges looking forward to hold till mainnet launch.
I will leave the telegram contact of my personal pi merchant to trade with.
@Pi_vendor_247
How to get verified on Coinbase Account?_.docxBuy bitget
t's important to note that buying verified Coinbase accounts is not recommended and may violate Coinbase's terms of service. Instead of searching to "buy verified Coinbase accounts," follow the proper steps to verify your own account to ensure compliance and security.
when will pi network coin be available on crypto exchange.DOT TECH
There is no set date for when Pi coins will enter the market.
However, the developers are working hard to get them released as soon as possible.
Once they are available, users will be able to exchange other cryptocurrencies for Pi coins on designated exchanges.
But for now the only way to sell your pi coins is through verified pi vendor.
Here is the telegram contact of my personal pi vendor
@Pi_vendor_247
What website can I sell pi coins securely.DOT TECH
Currently there are no website or exchange that allow buying or selling of pi coins..
But you can still easily sell pi coins, by reselling it to exchanges/crypto whales interested in holding thousands of pi coins before the mainnet launch.
Who is a pi merchant?
A pi merchant is someone who buys pi coins from miners and resell to these crypto whales and holders of pi..
This is because pi network is not doing any pre-sale. The only way exchanges can get pi is by buying from miners and pi merchants stands in between the miners and the exchanges.
How can I sell my pi coins?
Selling pi coins is really easy, but first you need to migrate to mainnet wallet before you can do that. I will leave the telegram contact of my personal pi merchant to trade with.
Tele-gram.
@Pi_vendor_247
Turin Startup Ecosystem 2024 - Ricerca sulle Startup e il Sistema dell'Innov...Quotidiano Piemontese
Turin Startup Ecosystem 2024
Una ricerca de il Club degli Investitori, in collaborazione con ToTeM Torino Tech Map e con il supporto della ESCP Business School e di Growth Capital
BYD SWOT Analysis and In-Depth Insights 2024.pptxmikemetalprod
Indepth analysis of the BYD 2024
BYD (Build Your Dreams) is a Chinese automaker and battery manufacturer that has snowballed over the past two decades to become a significant player in electric vehicles and global clean energy technology.
This SWOT analysis examines BYD's strengths, weaknesses, opportunities, and threats as it competes in the fast-changing automotive and energy storage industries.
Founded in 1995 and headquartered in Shenzhen, BYD started as a battery company before expanding into automobiles in the early 2000s.
Initially manufacturing gasoline-powered vehicles, BYD focused on plug-in hybrid and fully electric vehicles, leveraging its expertise in battery technology.
Today, BYD is the world’s largest electric vehicle manufacturer, delivering over 1.2 million electric cars globally. The company also produces electric buses, trucks, forklifts, and rail transit.
On the energy side, BYD is a major supplier of rechargeable batteries for cell phones, laptops, electric vehicles, and energy storage systems.
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 Production
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
200 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. Mirasol
Began production in Q2/2014
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 2014: 4%
and expanding
San Ramon
Began production in 2004;
currently expanding on new
high grade vein system
discovery at depth
High grade epithermal silver
veins
Contribution to total
production in Q4 2014: 29%
and expanding
Cuchara-Oscar
Began production in 2013
Corridor of epithermal veins
linking new and legacy
mines; in 2014 ramped up to
become the principal
producing mine in the
Zacualpan District
Contribution to total
production in Q4 2014: 53%
Gallega
Closing: end of mine life
Equipment and personnel
being reassigned to expand
production at other mines
Epithermal silver veins in
historic Guadalupe Mine
Contribution to total
production in Q4 2014: 14%
One Property – Multiple Producing Mines
12
13. 13
San Ramon Deeps High Grade Silver Discovery
• Recent drilling has begun
outlining a new deep high grade
silver zone at the San Ramon Mine
• Recent mining is averaging
263g/t Silver (recovered) from
Levels 18, 19 and 20
• The zone remains open for
expansion to the south, north,
down dip and up dip with
additional drilling in progress
New high grade
silver discoveries
(in red)
Open for expansion;
drilling underway
14. 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
14
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
15. 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.
15
Above: Statue of miner in Zacualpan’s town square, Mexico
16. Production Summary
Production Highlights YE 2014 YE 2013 Change YE 2012
Silver production (oz) 725,733 682,526 +6% 620,515
Gold production (oz) 989 1269 -22% 629
Average mill head grade (silver
grams per tonne)
159 (Q4
180)
158 +1% 138
Total tonnes produced (t) 162,266 159,270 +2% 168,826
Tonnes produced per day 445 436 +2% 463
Revenue per production tonne
sold
$74 $84 -12% $94
Direct costs per production
tonne
$69 $68 +1% $62
16
Silver-Focused Producer
Revenue Breakdown by Metals
(2014)
Silver
Gold
Lead
Zinc
Silver 80%
17. (CDN$000’000’s except EPS) YE 2014 YE 2013 YE 2012 YE 2011
Revenues $12.0 $14.1 $15.9 $24.3
Operating expenses $12.0 11.4 $10.3 $10.1
Mine operating earnings (loss) $0.0 $0.5 $4.0 $12.9
EBITDA ($2.1) ($4.6) $1.6 $13.0
Net earnings (loss) ($3.5) ($8.5) ($1.1) $7.6
Operating cash flow* ($0.7) $0.6 $3.3 $10.2
Debt Nil Nil Nil Nil
Earnings (loss) per share – basic ($0.05) ($0.13) ($0.02) $0.12
Cash and cash equivalents $0.6 $3.5 $16.0 $30.8
Working capital $3.8 $6.9 $21.4 $31.9
17
*Before changes in non-cash working capital
Financial Highlights
The Company’s working capital and cash position decreased from the year ended December 31, 2014, as the Company continued to invest in
the development of the Capire Mine and Production Centre, as well as continued exploration in the Zacualpan District.
18. All prices in Canadian Dollars As of April 5, 2014
Common shares – Issued & Outstanding 68.1 M
Fully Diluted 74.6 M
Share Price $0.20
52wk Range $0.44 - $1.17
90-Day Average Daily Volume 35,132 Shares
Market Capitalization 13.6M
Insider and Institutional Ownership 14.9%
Options Issued 6.4 M
Warrants Nil
Corporate Summary (TSX-V: IPT)
18
Source: Yahoo Finance
1-Year Chart Summary
19. 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
• Continue drilling on the VMS targets in the Capire district
• Advance towards graduation from the TSX-V to the TSX
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
Plans for Growth
19
20. 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
20
21. 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
21
22. 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
22
23. 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
23
24. 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
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
24
25. 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
25
26. 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
26
27. 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.
27