New High Grade Silver Vein at Depth at San Ramon

 

VANCOUVER - IMPACT Silver Corp. reported the discovery of two new high grade veins in underground holes drilled from the bottom levels of the San Ramon Mine. The discovery of these new veins below the deepest mine workings will extend mine life and indicates potential for discovery of additional mineral resources at depth.

These new high grade veins begin to appear below the deepest current mine workings and are located less than 20m from the principal vein in the mine. The new veins are open for expansion to depth and along strike. Preparations for additional drilling are in progress and further drill results will be announced as they are received and interpreted.

The San Ramon Mine is located five kilometers southeast of IMPACT's 500 tpd Guadalupe processing plant and is one of the main producing mines in IMPACT's Royal Mines of Zacualpan Silver-Gold District of central Mexico. Since 2006, mining of the principal vein at San Ramon has taken place over a vertical distance of 200 meters on 18 Levels with a typical length of 150 meters over a minimum three-meter mining width. Two nearby parallel veins provide supplemental production. Mine plans now are to shift the focus of deeper mining at San Ramon to these new higher grade veins.

The company owns two processing plants within its 100% owned 623-square-kilometer land package in south-central Mexico: the Guadalupe Production Centre and the Capire Processing Plant. At Guadalupe, three underground silver mines feed the central 500 tpd processing plant located within the historic Royal Mines of Zacualpan Silver District. At Capire, the 200 tpd processing plant is being adapted to process gold and copper mineralization from the Carlos Pacheco/San Juan Project.