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Vancouver, British Columbia. IMPACT Silver Corp. ("IMPACT") is pleased to announce drill results from an ongoing grid drilling program on the Noche Buena Vein, located four kilometers southwest of IMPACT's processing plant and mining operations in the prolific Royal Mines of Zacualpan Silver and Gold District in Mexico. Exploration on this north-westerly trending, west dipping Silver-Gold vein consists of drill holes spaced on a 50 meter horizontal and vertical drilling pattern designed to systematically explore and build tonnage. Results of the latest drill holes are summarized below.

































































































NOCHE BUENA VEIN - DRILL HOLES

DRILL HOLE

FROM

(meters)

TO

(meters)

INTERSECTION

(meters)

SILVER

(g/t)

GOLD

(g/t)

SECTION 1100N

Z09-06

134.32

135.62

1.30

332

0.67

Including

134.32

134.72

0.40

872

1.20

Z09-05

116.08

118.73

2.65

132

0.61

SECTION 1150N

Z08-70*

21.80

30.35

8.55

204

0.24

Z08-71*

108.30

112.63

4.33

233

0.70

Z09-10

119.85

121.86

2.01

167

0.38

SECTION 1200N

Z09-72

117.57

119.49

1.92

116.46

0.49

SECTION 1250N

Z09-12

51.98

56.52

4.54

280

1.89

Including

54.54

54.81

0.27

3,600

15.50

* Holes Z08-70 and -71 were previously announced in a news release dated January 26, 2009.

Hole Z09-12 is particularly encouraging as both the thickness and grade have increased in this northernmost hole. The enhanced gold values and appearance of the mineralization suggest the possibility of a mineralizing centre located to the north of these holes, where drilling is currently under way.

During the drilling of the Noche Buena Vein, a sub-parallel structure that dips at 70 degrees to the east named Del Pulpo Vein was discovered. It is exposed in a short exploration adit, located about 100 meters to the southeast of Hole Z09-05. The intersection in Z09-05 is interpreted to be 2.06 meters. Lower grade intersections of the Del Pulpo Vein were encountered along strike to the north.

































DEL PULPO VEIN - DRILL HOLES

DRILL HOLE

FROM (meters)

TO (meters)

INTERSECTION (meters)

SILVER (g/t)

GOLD (g/t)

SECTION 1100N

Z09-05

156.34

161.22

4.88

560

0.76

Including

158.40

159.67

1.27

1355

1.95


In summary, the Noche Buena Vein and associated veins have been the subject of historical mining and exploration efforts in which silver-gold-bearing quartz veins have been encountered intermittently over one kilometer strike length. It is the intent of the ongoing drill program to continue exploration in a systematic manner in order to determine vein continuity, thickness and grade to build mineral inventory as well as discover new veins.

Brian Hall, P. Geo., and Nigel Hulme, P. Geo. Qualified Persons under the meaning of Canadian National Instrument 43-101, are responsible for the technical content of this news release.

IMPACT Silver Corp. is a profitable silver-focused mining and exploration company operating in Mexico with a producing silver operation at the Royal Mines of Zacualpan, the 200-square-kilometer advanced Mamatla Mineral District and a portfolio of projects with an option on a producing mill at Zacatecas.

On behalf of the Directors of IMPACT Silver Corp.,

"Frederick W. Davidson"
President, CEO

For further information, please contact:
Darrell Rader, Corporate Development
Telephone: 604-681-0172

The TSX Venture Exchange does not accept responsibility for the adequacy or accuracy of this news release.

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