SOLEDAD SECTION OF COMPADRES VEIN SYSTEM
Drill holes 5 to 10 were drilled in the Soledad section of the Compadres Vein System about 200m southeast of Silver Shoot No. 1 where recent drill results returned high grade values ranging up to 2,713g/t silver over 4.4m (see IMPACT news release of May 16, 2005). The Soledad section of the Compadres Vein System is marked by the historic Soledad shaft where sampling of the dump (discarded rock around the shaft) returned 321g/t silver. Three of the holes encountered open voids up to 130m below surface indicating old mine workings in
this area occur much deeper than initially expected. Highlights from drilling in this area include the following:
Results of the work carried out to date indicate that these drill holes in the Soledad section of the Compadres Vein System may have intersected the top of another mineralized shoot similar to the nearby high-grade Silver Shoot No. 1. The Soledad drill holes were collared on top of a high ridge and the deepest holes in this program only penetrated to the elevation of the top of Silver Shoot No. 1. Plans call for future drilling to test the Soledad system down to greater depths at elevations similar to those that host the high-grade portions in Silver Shoot No. 1.
COMETA NAVIDENO / SANTIAGO VEINS
Drill holes 11 and 12 tested the Cometa Navideno/Santiago Veins located about one kilometer north of the Compadres Silver Shoot No. 1. Earlier sampling of the historic Santiago mine workings by IMPACT returned average values of 235g/t silver and 0.31g/t gold across 0.9m (TW) ranging up to a high of 1,320g/t silver and 0.99g/t gold across 0.3m (TW). Drill hole 11 tested the veins about 30m below the old workings and encountered low grades. Drill hole 12 tested the Cometa Navideno Vein about 120m below the old mine workings and returned 7.26% zinc, 7.45% lead, 75g/t silver and 0.59g/t Au across 0.65m.
PRODUCTION AND DEVELOPMENT
Under terms of IMPACT's option agreements, the Mexican companies may continue mining and processing material from the properties until IMPACT exercises its purchase options for the operations, contracts and properties. Mining is presently continuing at the Cuchara Mine, the Compadres Mine and has resumed at a modest tonnage in the lower levels of the Guadalupe Mine. Material is trucked from the three operating mines to the central processing plant.
FUTURE PLANS
Near term plans call for compilation of the considerable database collected over the past nine months and continued field work to establish targets for another drill program planned for later this summer. This work along with the corporate, legal and engineering investigations will form the basis for making a purchase decision for the Royal Mines of Zacualpan claims, operating mines and 500 tonne per day processing plant lease. If IMPACT decides to purchase the Zacualpan assets it would immediately become a significant producer of silver as well as byproduct zinc, lead and gold.
George Gorzynski, P.Eng. a Qualified Person under the meaning of Canadian National Instrument 43-101, is responsible for the technical content of this news release. All drill core was NTW size (5.71cm diameter). Half core samples were collected with a rock saw, tagged for identification and securely stored at the IMPACT base camp until shipment. A total of 5% assay standards and 5% assay blanks were inserted into every sample shipment as a quality control measure. All samples were shipped to the ALS Chemex preparation laboratory in Guadalajara (Mexico) where they were fine crushed (70% passing a 2mm screen), pulverized (85% passing a 75 micron screen) and pulp split separated for assay by a riffle splitter. These pulps were shipped to the ALS Chemex laboratory in North Vancouver Canada where a 30 gram split of each was assayed for gold and silver by standard fire assay and a 10 gram split was analysed for an additional 30 elements by ICP spectrometry.
IMPACT Minerals International Inc. is a silver focused exploration and development company with projects in Mexico and the Dominican Republic. IMPACT is 32% owned by Energold Mining Ltd. (EGD:TSX.V). The drill program reported in this news release was carried out by Energold Drilling using environmentally and socially sensitive man portable rigs.
On behalf of the Directors of IMPACT Minerals International Inc.
"Frederick W. Davidson"
President
For further information please contact:
Darrell Rader, Corporate Development
The TSX Venture Exchange has neither approved nor disapproved this news release.
900-543 Granville St.
Vancouver, BC., Canada V6C 1X8
Telephone 604 681-9501
Facsimile 604 681-6813
http://www.IMPACTminerals.com
inquiries@IMPACTminerals.com
