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IMPACT Silver Corp. (the "Company") announces that it has changed its auditors from Dale Matheson Carr-Hilton LaBonte LLP, Chartered Accountants, of Suite 1500 - 1140 West Pender Street, Vancouver, BC V6E 4G1 to PricewaterhouseCoopers LLP, Chartered Accountants, of Suite 200 - 250 Howe Street, Vancouver, BC V6C 3S7, the firm with which Staley, Okada & Partners, Chartered Accountants, the auditors of the Company up to November 28, 2006, merged. The former auditors were asked to resign, and have done so, effective February 5, 2007.

The former auditors were appointed on November 28, 2006 and have not completed an audit of a fiscal year of the Company or any subsequent period; therefore, there have been no auditors' reports or financial statements prepared by the former auditors containing reservations or reportable events, as defined in National Instrument 51-102.

The resignation of Dale Matheson Carr-Hilton LaBonte LLP, Chartered Accountants and the recommendation to appoint, PricewaterhouseCoopers LLP, Chartered Accountants have been approved by the Company's Audit Committee and Board of Directors.

On behalf of the Directors of IMPACT Silver Corp.

"Frederick W. Davidson"
President

For further information please contact:
Darrell Rader, Corporate Development
Telephone: 604-681-9501

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