The Gold Report
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Experts Commenting on This Company
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IMPACT Silver Corp.TICKER: IPT:TSX.VIMPACT Silver Corp. is a profitable silver mining company with four producing mines in Mexico. The company's three 100%-owned and operated underground silver mines feed the 500 tpd Guadalupe Production Center, located within the historic Royal Mines of the Zacualpan silver district. IMPACT's new Capire Production Center, which is fed by the new open-pit Capire Mine, commenced initial pilot production in March 2013. The commencement of production at IMPACT's two newest mines represents the next phase of significant production growth for the company, which aims to establish itself as a multimillion-ounce silver producer. |
The information provided below is from analysts, newsletters and other contributors. Please contact the company and visit its website before making an investment decision.
Expert Comments:
Nicholas Campbell, Canaccord Genuity (3/18/13) "Last week, IMPACT Silver Corp. announced the commissioning of the new, 100%-owned Capire production center. . .the center hosts a 200 tpd flotation circuit pilot plant that is scheduled to operate for two years to aid in optimizing the operating parameters of the mine and mill. With construction now complete, the company expects to commence concentrate shipments within Q2/13. Mining is focused on the open-pit Capire mine, which hosts high-grade polymetallic mineralization."
Andrew Portmann, P. Zihlmann Investment Management (3/15/13) "IMPACT Silver Corp.'s open-pit Capire project is scheduled for production in early 2013, and silver production is planned to increase significantly onwards. . .total drilling in 2012 was 35,274m, and drill programs in 2012 were conducted on the Oscar, Condesa, Carlos Pacheco and Mirasol areas of the Zacualpan district, as well as expansion drilling on the Capire mine development area of the Mamatla district. Good, high-grade silver intercepts were the result of identifying and drilling at the newly discovered Mirasol silver area; we expect this to result in a significant increase of Measured resources."
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