Impact Silver Corp (TSXV: IPT) this morning released the results of a drill program conducted at its Royal Mines property in Mexico. Drill data collected from the program is reportedly to be used to focus the efforts of its ongoing mining of the property.
The drill program consisted of a total of eight holes, which were drilled across a total of 1,221 metres in aggregate. Drilling was conducted by a portable rig. Highlights from the program include:
- Z21-38: 427.82 g/t silver over 8.55 metres
- Z21-39: 487.00 g/t silver over 13.00 metres
- Z21-41: 257.53 g/t silver over 21.09 metres
- Z21-46: 456.52 g/t silver over 3.00 metres
Drilling was conducted at what is referred to as the Veta Negra vein system on the the firms property, which is found 3.4 kilometres northwest of the processing plant at the Royal Mines. The veins are currently being mined over widths of 14.0 metres on average in an open pit.
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A phase three program is currently scheduled to test the northern extensions of the same vein system, and to test the depths of mineralization.
Impact Silver last traded at $0.435 on the TSX Venture.
Information for this briefing was found via Sedar and the companies mentioned. The author has no securities or affiliations related to this organization unless otherwise mentioned. Not a recommendation to buy or sell. Always do additional research and consult a professional before purchasing a security. The author holds no licenses.
