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Strategies & Market Trends : Dino's Bar & Grill

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To: Goose94 who wrote (19255)6/6/2017 1:18:15 PM
From: Goose94Read Replies (3) of 202374
 
Impact Silver (IPT-V) June 6, '17 has sold its Zacatecas assets to Endeavour Silver (EDR-T) for 154,321 common shares of Endeavour with a deemed value of $500,000 (U.S.). The Zacatecas assets consist of 10 mineral concessions covering 152 hectares, 14 hectares of surface rights, and the old inactive Santa Gabriela 200-tonne-per-day processing plant and tailings facilities. Impact has carried out only minimal work in Zacatecas since 2009 and management took this opportunity to monetize these non-active assets and allow management to better focus its time on its silver production assets at the Royal Mines of Zacualpan and new ventures. About Impact Silver Corp.

Impact Silver is a silver producer with two processing plants on two adjacent projects within its 100-per-cent-owned mineral concessions covering 357 square kilometres in central Mexico: the Guadalupe production centre and the Capire processing plant. At Guadalupe, three underground silver mines feed the central 500-tonne-per-day processing plant located within the historic Royal Mines of Zacualpan silver district. At Capire, the 200-tonne-per-day processing plant and open-pit silver mine are on care and maintenance waiting for a recovery in silver prices.

Jerry Huang, Manager Investor Relations, (604) 681 0172 or inquiries@impactsilver.com
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