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IMPACT Silver Corp. ("IMPACT") is pleased to announce first phase drill results from multiple veins at the La Condesa Prospect in the Royal Mines of Zacualpan District in Mexico. La Condesa area can be accessed from the underground workings of the historic Cuchara Mine, which are currently being refurbished to mine IMPACT's nearby high grade Oscar silver zone (see IMPACT news releases dated

August 22, 2012

and

April 23, 2012

).

It was the intention of this La Condesa drill program to outline sufficient mineralization that would augment the planned production from the Oscar Veins. Access to La Condesa Veins would be through a different part of the historic Cuchara Mine underground workings than the access to Oscar, thereby creating separate mining areas and multiple mining faces. An exploration crosscut from the Cuchara underground workings dating from the 1980s, now provides initial underground access to La Condesa. Mine engineering studies are now required to confirm the resource.

Summarized below are the more significant intersections from La Condesa first phase drill program:

La Condesa - First Phase Drill Results
 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Hole Number
Drill Section
Vein Name
From meters
To meters
Interval meters
True Thickness meters
Silver

g/t
Gold

g/t
Lead

%
Zinc

%
Z12-28
21+50 N
Resguardo
14.75
16.80
2.05
1.94
157.2
0.019
0.02
0.13
Z12-29
21+50 N
Mar


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