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IMPACT Silver Corp. ("IMPACT" or "the Company") is very pleased to announce that construction of the new Capire Open Pit Silver Mine ("Capire") has now commenced. Capire represents a new production center in a new mining district and an opportunity that, upon successful completion of the proposed exploration and development programs, would propel IMPACT to become a multimillion ounce silver producer. Capire is located in the Mamatla Mineral District, 16 kilometers southwest of IMPACT's active mining and processing operations at the Royal Mines of Zacualpan Silver District, Mexico.

With recent success receiving the final permits that are necessary to commence mining activities, IMPACT's mine development team has begun construction at Capire that includes:


  • Immediate start of site preparation work, including road and infrastructure upgrades.

  • Commencement of pre-stripping and tailings pond development.

  • Installation of the 200 tonne-per-day ("tpd") pilot plant.

  • Arrangements of initial silver-lead-zinc concentrate shipments to the smelter in late 2012.

On site, surface rights for all mining areas, including the tailings dam and the processing plant, have been secured. Condemnation drilling under the plant site, the tailings dam and rock waste piles have also been completed and subsurface water monitoring wells are currently in place and collecting data. Arrangements have been finalized with the national electricity company (Comisi

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