Impact Silver - ISVLF STOCK NEWS

IMPACT Silver Corp. (ISVLF) has announced significant drilling results from its Plomosas zinc mine in northern Mexico, specifically from the Juarez Mine area. Key findings include high-grade zinc intersections with notable results from multiple drill holes:

- UGMJ-2420: 14.13% zinc, 1.59% lead, and 12 g/t silver over 2.2 metres, including 26.06% zinc over 0.9 metres
- UGMJ-2415: 30.1% zinc over 1.2 metres
- UGMJ-2422: 30.1% zinc over 1.1 metres

The company is currently developing access to the Juarez Mine area from the historic surface adit. The mineralization remains open for exploration in all directions, with ongoing drilling. IMPACT aims to reach mill design capacity in H1/2025 as they continue to ramp up operations.

IMPACT Silver Corp (TSXV: IPT) (OTCQB: ISVLF) reported significant achievements in 2024, marked by operational growth and strong financial performance. The Plomosas zinc mine, acquired in Q2/2023, reached 70% of design capacity by Q3 2024, processing 12,686 tonnes. Exploration revealed high-grade results including 16.6% zinc over 2.5 meters.

The Royal Mines of Zacualpan generated Q3 2024 revenue of $6.1 million, up from $4.8 million in Q3 2023. A new discovery at the Kena Vein South showed impressive results of 213 g/t silver over 17.30 meters. Overall Q3 revenue reached $8.6 million, an 81% increase year-over-year, with $6.4 million in cash and no long-term debt.

The company implemented sustainable initiatives, including a Tesla Battery Energy System with solar capabilities. Metal prices supported growth, with silver up 27.4% year-to-date, averaging $29.30 per ounce, and zinc reaching US$3,180 per tonne in October 2024.

IMPACT Silver Corp has announced significant drilling results from its Plomosas zinc mine in northern Mexico. The Tres Amigos Zone exploration revealed notable intersections including 27.50% zinc over 1.1m, 16.60% zinc over 2.5m, and 14.95% zinc over 2.3m true width. The company continues drilling with two rigs testing near-mine targets, with plans to explore other targets along a six-kilometer trend in 2024. Operations are being ramped up with the aim to reach mill capacity in Q1/2025.

Impact Silver reports strong Q3 2024 results with revenue reaching $8.6 million, an 81% increase from Q3 2023's $4.8 million. The growth is attributed to higher silver and zinc prices, increased production at the Plomosas zinc mine, and improved mill head grades. Mine operating earnings before amortization reached $1.03 million, up from $0.01 million in Q3 2023. The Plomosas mine achieved 70% of design capacity, processing 12,686 tonnes in Q3. Despite a net loss of $1.2 million, this represents an improvement from previous quarters. The company maintains a strong financial position with $6.4 million in cash, $7.1 million in working capital, and no long-term debt.

IMPACT Silver Corp. (TSXV: IPT) (OTCQB: ISVLF) reported Q2 2024 results with revenue growth of 40% to $7.7 million, driven by increased production at the Plomosas zinc mine. The Zacualpan silver project saw revenue rise to $5.9 million despite lower production, benefiting from stronger silver prices. However, the company faced a net loss of $2.6 million, up from $0.9 million in Q2 2023, due to cost pressures and start-up expenses at Plomosas.

Key highlights:

• Plomosas revenue increased to $1.8 million from $1.0 million in Q1 2024
• Cash position remained strong at $9.9 million
• Zacualpan silver production decreased 2% to 152,152 oz
• Plomosas production ramping up, targeting 150-170 tpd by end of Q3 2024

The company expects continued revenue growth and cost improvements as Plomosas reaches full capacity.

IMPACT Silver Corp. (TSXV: IPT) (OTCQB: ISVLF) has appointed Janet Meiklejohn to its board of directors, effective August 7, 2024. Ms. Meiklejohn brings over 25 years of experience in corporate finance and institutional equity sales. She has served as CFO for various high-growth companies, specializing in financial reporting, governance, strategy, and investor relations. Her expertise includes securing equity through a vast network of institutional and venture capital investors. Ms. Meiklejohn holds an MBA from Richard Ivey School of Business, a BBA from the University of Regina, and professional designations as CPA, CA, and CBV. IMPACT Silver's CEO, Fred Davidson, expressed confidence in leveraging her expertise in strategy, valuation, governance, and capital markets to benefit the company.

IMPACT Silver announced its Q1 2024 results, reporting a revenue of $5.3 million, with $4.3 million from the Guadalupe Mining Centre and $1.0 million from the Plomosas mine. The company incurred a net loss of $3.1 million due to $2.8 million in operating costs for facility upgrades at the Plomosas mine.

Post-quarter, the company launched a non-brokered private placement financing of up to $10.2 million, raising $7.1 million in the first tranche. Key investments in rehabilitation and development efforts were made, including $1.9 million spent on exploration programs.

Silver and zinc prices rose late in the quarter, attributed to expected interest rate cuts by the U.S. Federal Reserve. Ongoing efforts include upgrading infrastructure at Zacualpan and redesigning the Plomosas mine. The company anticipates improved operating profit as operations ramp up to full capacity.

Silver production at the Zacualpan complex was 137,291 oz, down from 156,430 oz in Q4 2023, due to maintenance work. The Plomosas mine processed 3,594 tonnes with a 15.3% zinc grade, continuing its gradual start-up. The company aims for increased gold production and expanded exploration activities.

Impact Silver Corp. announces a new silver vein discovery in its Guadalupe mine in Mexico, with promising drill results of up to 1,400 g/t silver over 0.75m. The discovery, designated as Kena Vein South, is located within 100-200 meters of active mine workings. The company plans to continue drilling to further define the vein for mining, showing potential for rapid and low-cost mine development.

IMPACT Silver Corp. (ISVLF) announces a C$6.2 million non-brokered private placement financing, aiming to raise funds for exploration, operational improvements, and development of silver assets. The offering consists of two types of units at different prices, with each unit including common shares and warrants. Proceeds will be used to accelerate exploration activities in Mexico and enhance zinc production at the Plomosas deposit.