Royal Mines Act 1424

IMPACT Silver Adds Fourth Drilling Rig and Expands Drill Plans to 20,000 Meters in 2021-2022

Retrieved on: 
Monday, September 13, 2021
Program, Database, GIS, Exploration, Royal Mines Act 1424, TSX Venture Exchange, Zacualpan, National instrument, Failure, OTC Markets Group, Company, Mining, Risk, Uncertainty, IMPACT, News, Silver, Zinc, Area studies, Regulation, Oil, Risk management

Initial Phase One drill results from the Veta Negra Mine area included 9.8 meters of 211 g/t Silver and 13.85 meters of 186g/t Silver (see IMPACT news release dated July 13, 2021 ).

Key Points: 
  • Initial Phase One drill results from the Veta Negra Mine area included 9.8 meters of 211 g/t Silver and 13.85 meters of 186g/t Silver (see IMPACT news release dated July 13, 2021 ).
  • Over the past 15 years, IMPACT has produced over 10.9 million ounces of silver, generating revenues over $212 million, with no long-term debt.
  • At the Royal Mines of Zacualpan Silver District, three underground silver mines and one open pit mine feed the central Guadalupe processing plant.
  • Eng., Vice President and Director of IMPACT Silver Corp., and a Qualified Person as defined under Canadian National Instrument 43-101, approved the technical information in this news release..
    On behalf of IMPACT Silver Corp.

IMPACT Silver Announces Second Quarter 2021 Results Including Net Earnings of $ 0.22 Million and a 50 Percent Increase in Revenue to $4.2 Million

Retrieved on: 
Wednesday, August 18, 2021
Company, National instrument, Conversation, Zacualpan, Area studies, Regulation, Mining, Tax, Exploration, TSX Venture Exchange, Royal Mines Act 1424, Management, Uncertainty, Silver, IMPACT, Zinc, OTC Markets Group, Risk, Failure, News, SEDAR, CEO, Depreciation, COVID-19, Mission statement, EBITDA, Animal, Lithium, Pharmaceutical industry, Fossil fuel, Risk management

The Company reported $4.2 million in revenue for the second quarter of 2021, a 50% improvement year over year from $2.8 million in Q2 2020.

Key Points: 
  • The Company reported $4.2 million in revenue for the second quarter of 2021, a 50% improvement year over year from $2.8 million in Q2 2020.
  • Mine operating earnings before amortization and depletion in Q2 2021 increased to $1.3 million from $1.0 million in the prior year.
  • The net income for Q2 2021 was $0.2 million compared to a loss of $0.2 million in Q2 2020.
  • Revenue for Q2 2021 was $4.2 million, an increase of 50% from 2020 of $2.8 million.