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Jbay76 (< 20)

Impact Silver had banner year leading into 2013

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January 23, 2013 – Comments (0) | RELATED TICKERS: SLV , ISVLF

Fools,

Impact silver (ISVLF) had a banner year as they call it, I call it just a damn good year, with:

1) Two new mines coming on-stream in Q1 2013 as a result of successful exploration programs.

2) Significant silver discoveries at Mirasol and Condesa in 2012 will drive continued drilling in 2013.

3) Advanced use of IMPACT's ArcGIS database resulted in 2012's substantial increase in drilling success.



They had increased their exploration and drilling by 33% and had some wonderful finds; some with just Ag & AU, some with CU,and PB.  2012's efforts are largely attributed to the development of a 5 man ArcGIS team that has comipled geological data into a database that allows for incresees in efficiency (I'm paraphrasing here).  But as a result, they plan to bring two fo their mines, the Capire & the Cucharra-Oscar mine, into commercial production during the first quarter while continuing their aggressive exploration.  Given their location in Mexico and this ArcGIS database they developed and implement, I am excited to see what they can bring up and out.

So check out the link in theis blog for more information, some of those drill core findings are HUGE.

Cheers

J

 

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