Positive Production Decision At Noche Buena

 

VANCOUVER - IMPACT Silver Corp. reported a positive production decision at the Noche Buena Vein System located four kilometers southwest of IMPACT's Guadalupe processing plant in the prolific Royal Mines of Zacualpan Silver and Gold District of central Mexico.

Initial mining plans are now complete and IMPACT engineers are moving to fast track the Noche Buena Project toward commercial production in the first quarter of 2010, subject to the timely receipt of permits. Initial production is planned at 100 tonnes per day, to be increased incrementally. IMPACT's operating processing plant at Guadalupe, located a short hauling distance away, is being upgraded to accommodate the additional Noche Buena throughput.

The Noche Buena Project will be the third new mine that has been taken from discovery to production by the technical team since 2004. From the time first assays were received from the discovery drill hole (January 2009) to projected commercial production (Quarter 1, 2010), approximately 12 months will have elapsed. This ability to fast track new mines into production is a cornerstone of IMPACT's plan to rapidly grow silver production in the Zacualpan-Mamatla Districts.

To date, drilling has defined the zone over a strike length of 300 meters, to a depth of 100 meters and an average width of 3 meters. The zone remains open for expansion. Exploration on this northerly trending, west dipping Silver-Gold vein has consisted of holes drilled on a 50 meters by 50 meters drill pattern designed to systematically explore and build tonnage.

The company’s address is Suite 1100, 543 Granville Street, Vancouver, BC V6C 1X8, (604) 681-0172, fax: (604) 681-6813, email: [email protected].