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. (ISVLF) operates as an intermediate silver-zinc miner with active production and exploration projects across Mexico. This news hub provides investors and industry observers with authoritative updates on corporate developments, operational milestones, and exploration progress.
Key resources include: Quarterly earnings announcements, mine production reports, resource estimate updates, and strategic partnership disclosures. Users gain centralized access to material information affecting the company's operations in the Zacualpan silver district and Plomosas zinc-lead mine.
Regular updates cover: Drilling results from exploration programs, processing facility upgrades, metal recovery rates, and market-related developments. All content is sourced directly from company filings and official communications to ensure reliability.
Bookmark this page for efficient tracking of IMPACT Silver's operational trajectory and resource expansion efforts. Check back frequently for verified updates that matter to stakeholders in precious and base metals markets.
IMPACT Silver announced its Q1 2024 results, reporting a revenue of $5.3 million, with $4.3 million from the Guadalupe Mining Centre and $1.0 million from the Plomosas mine. The company incurred a net loss of $3.1 million due to $2.8 million in operating costs for facility upgrades at the Plomosas mine.
Post-quarter, the company launched a non-brokered private placement financing of up to $10.2 million, raising $7.1 million in the first tranche. Key investments in rehabilitation and development efforts were made, including $1.9 million spent on exploration programs.
Silver and zinc prices rose late in the quarter, attributed to expected interest rate cuts by the U.S. Federal Reserve. Ongoing efforts include upgrading infrastructure at Zacualpan and redesigning the Plomosas mine. The company anticipates improved operating profit as operations ramp up to full capacity.
Silver production at the Zacualpan complex was 137,291 oz, down from 156,430 oz in Q4 2023, due to maintenance work. The Plomosas mine processed 3,594 tonnes with a 15.3% zinc grade, continuing its gradual start-up. The company aims for increased gold production and expanded exploration activities.
Impact Silver Corp. announces a new silver vein discovery in its Guadalupe mine in Mexico, with promising drill results of up to 1,400 g/t silver over 0.75m. The discovery, designated as Kena Vein South, is located within 100-200 meters of active mine workings. The company plans to continue drilling to further define the vein for mining, showing potential for rapid and low-cost mine development.
IMPACT Silver Corp. (ISVLF) announces a C$6.2 million non-brokered private placement financing, aiming to raise funds for exploration, operational improvements, and development of silver assets. The offering consists of two types of units at different prices, with each unit including common shares and warrants. Proceeds will be used to accelerate exploration activities in Mexico and enhance zinc production at the Plomosas deposit.
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