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September 23, 2008

Stock Options Granted

IMPACT Silver Corp. announces that it has granted incentive stock options under its Stock Option Plan to directors, officers, employees and consultants exercisable for 2,200,000 shares of IMPACT. The options are exercisable on or before September 23, 2013 at a price of $0.80 per share.

IMPACT Silver Corp. is a profitable silver-focused mining and exploration company operating in Mexico with a producing silver operation at the Royal Mines of Zacualpan, the 200-square-kilometer advanced Mamatla Silver District and a portfolio of projects with an option on a producing mill at Zacatecas.

On behalf of the Directors of IMPACT Silver Corp.



"Frederick W. Davidson"
President, CEO For further information please contact:
Darrell Rader - Corporate Development

The TSX Venture Exchange does not accept responsibility for the adequacy or accuracy of this news release.
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