Welcome to our dedicated page for Impact Silver news (Ticker: ISVLF), a resource for investors and traders seeking the latest updates and insights on Impact Silver stock.
IMPACT Silver Corp. (OTCQB: ISVLF) generates frequent operational and exploration news from its two mining projects in Mexico. Company updates focus on production performance at the Royal Mines of Zacualpan Silver-Gold District and the Plomosas Zinc-Lead-Silver District, as well as drill results, mine development and corporate initiatives.
News from Zacualpan often covers throughput and grades at the Guadalupe processing plant, silver-lead-zinc production trends, and underground drilling at zones such as the Kena Vein South in the Guadalupe mine. Releases highlight new high-grade silver intersections, extensions of known veins and the status of the Capire Project, which includes a 200 tpd pilot plant and an NI 43-101 inferred mineral resource in silver, zinc and lead.
From Plomosas, investors can follow detailed underground drill results in the Tres Amigos, Juarez and Santo Domingo zones, including reported zinc, lead and silver grades and intervals. The company also reports on rehabilitation of mine infrastructure, ramp-up of production, process improvements such as lead oxide recovery, and exploration along the six kilometre-long carbonate replacement trend.
Corporate news items include equity financings, such as bought deal private placements of units, implementation of an omnibus equity incentive plan, and grants of stock options to directors, officers, consultants and employees. These releases describe intended uses of proceeds, plan terms and regulatory approvals.
By reviewing ISVLF news, readers can track how IMPACT Silver reports changes in production levels, exploration success, mine development activities and capital structure decisions across its Mexican silver and base metal assets.
IMPACT Silver (ISVLF) has successfully closed a non-brokered private placement financing, raising total proceeds of C$3.93 million. The offering consisted of two components: C$1.66 million from 8,290,000 LIFE units at C$0.20 per unit, and C$2.27 million from 12,626,177 units at C$0.18 per unit.
The LIFE units include one common share and a half-warrant exercisable at C$0.26 for two years, while the standard units comprise one common share and a full warrant exercisable at C$0.24 for three years. The company will use the funds to advance exploration at its Plomosas zinc property and Royal Mines of Zacualpan silver assets, along with operational improvements. The company paid C$64,696.19 in finder's fees and issued 359,423 finder's warrants.
IMPACT Silver (ISVLF) reported strong financial results for FY 2024, achieving record revenue of $31.9 million, a 53% increase from FY 2023's $20.8 million. The company returned to profitability in Q4 2024 with net income of $1.6 million, compared to a $9.3 million loss in Q4 2023. This improvement was driven by increased production at the Plomosas zinc mine and a 24% increase in gold sales at Zacualpan.
Key operational highlights include silver production of 595,264 ounces at Zacualpan and significant progress at Plomosas, which reached 75% of mill capacity by year-end. The company ended 2024 with a strong financial position, holding $7.1 million in cash, $9.0 million in working capital, and no long-term debt.
IMPACT Silver Corp (ISVLF) has announced a $3.5 million non-brokered private placement with strategic investors Trafigura PTE and Palisades Goldcorp The financing consists of:
- A LIFE offering of $1.75M allocated to Trafigura (8.75M units at $0.20/unit)
- A standard private placement of $1.75M, with Palisades participating for $1.1M (9.72M units at $0.18/unit)
The proceeds will be used to:
- Accelerate exploration at the Plomosas zinc-lead-silver property in Chihuahua, Mexico
- Develop silver assets at Royal Mines of Zacualpan district
- Improve operational productivity and throughput
The offering is expected to close around May 15, 2025, subject to regulatory approvals.
IMPACT Silver Corp (ISVLF) has announced a proposed 18-month extension for its 2025 share warrants, subject to TSX Venture Exchange approval. The extension affects two tranches of warrants:
1. 30,903,012 April Warrants originally expiring April 19, 2025, will be extended to October 19, 2026
2. 2,454,092 May Warrants originally expiring May 3, 2025, will be extended to November 3, 2026
Both warrant types maintain their original exercise price of $0.35 per common share. The warrants were initially issued during a private placement in 2023. Notably, 100,000 April Warrants are held by a company director, constituting a related party transaction, though exempt from formal valuation and minority approval requirements as it represents less than 25% of the company's market capitalization.
IMPACT Silver Corp. (ISVLF) has announced significant drill results from the new Kena Vein South discovery at its producing Guadalupe silver mine in Mexico. Notable intersections include 597 g/t Silver over 2.77m and 1,460 g/t Silver over 0.55m from underground drilling.
The Kena Vein South has been drill tested over a length of 150 meters from mine Level 140 and remains open for extension. The new vein's proximity to current active mine workings has enabled rapid and low-cost mine development. The company expects to begin mining from Kena South this month, with new underground access nearly complete.
The exploration program has revealed multiple high-grade silver intersections along with significant gold, lead, and zinc values. The company plans to maintain a broad exploration program in 2025 with additional drill results expected in the coming months.
IMPACT Silver Corp. (ISVLF) has announced significant drilling results from its Plomosas zinc mine in northern Mexico, specifically from the Juarez Mine area. Key findings include high-grade zinc intersections with notable results from multiple drill holes:
- UGMJ-2420: 14.13% zinc, 1.59% lead, and 12 g/t silver over 2.2 metres, including 26.06% zinc over 0.9 metres
- UGMJ-2415: 30.1% zinc over 1.2 metres
- UGMJ-2422: 30.1% zinc over 1.1 metres
The company is currently developing access to the Juarez Mine area from the historic surface adit. The mineralization remains open for exploration in all directions, with ongoing drilling. IMPACT aims to reach mill design capacity in H1/2025 as they continue to ramp up operations.
IMPACT Silver Corp (TSXV: IPT) (OTCQB: ISVLF) reported significant achievements in 2024, marked by operational growth and strong financial performance. The Plomosas zinc mine, acquired in Q2/2023, reached 70% of design capacity by Q3 2024, processing 12,686 tonnes. Exploration revealed high-grade results including 16.6% zinc over 2.5 meters.
The Royal Mines of Zacualpan generated Q3 2024 revenue of $6.1 million, up from $4.8 million in Q3 2023. A new discovery at the Kena Vein South showed impressive results of 213 g/t silver over 17.30 meters. Overall Q3 revenue reached $8.6 million, an 81% increase year-over-year, with $6.4 million in cash and no long-term debt.
The company implemented sustainable initiatives, including a Tesla Battery Energy System with solar capabilities. Metal prices supported growth, with silver up 27.4% year-to-date, averaging $29.30 per ounce, and zinc reaching US$3,180 per tonne in October 2024.
IMPACT Silver Corp has announced significant drilling results from its Plomosas zinc mine in northern Mexico. The Tres Amigos Zone exploration revealed notable intersections including 27.50% zinc over 1.1m, 16.60% zinc over 2.5m, and 14.95% zinc over 2.3m true width. The company continues drilling with two rigs testing near-mine targets, with plans to explore other targets along a six-kilometer trend in 2024. Operations are being ramped up with the aim to reach mill capacity in Q1/2025.