Impact Silver Corp (ISVLF)

[Pro-Life]

IMPACT Silver Corp. Announces Record Revenues and Net Earnings for the Nine Months Ended September 30, 2011

November 28, 2011

IMPACT Silver Corp. ("the Company" or "IMPACT") is pleased to announce the results for the third quarter ending September 30, 2011.

Third Quarter 2011 Highlights

•Revenues are up 30% over the third quarter of 2010 to $4.2 million, and up 97% over the nine months ended 2011 compared to the nine months ended 2010, in spite of a concentrate shipment delay during the quarter.
•Net earnings increased 381% to $2.0 million from $0.4 million in the comparable period for 2010, with net earnings up 415% over the first nine months of 2010.
•Earnings per share (EPS) grew 200% to $0.03 for the quarter compared to the third quarter of 2010, and jumped to a new company record of $0.11 for the first nine months of 2011.
•Silver production increased by 21% to 663,853 over the comparable nine months of 2010.
•Mine throughput for the quarter was 427 tpd ("tonnes-per-day"), up 10% from 387 tpd in the third quarter of 2010.
•Cash flow from operations before changes in non-cash working capital was $3.1 million, up 206% from $1.0 million for the third quarter of 2010 with a significant increase of 187% to $9.1 million for the first nine months of 2011 compared to the first nine months of 2010.
•Cash and cash equivalents rose to $33.7 million with working capital at $33.1 million, and no long term debt.

(the whole release can be read at the link below)

http://www.impactmin.com/s/NewsReleases.asp?ReportID=492977&_Type=News-Releases&_Title=IMPACT-Silver-Corp.-Announces-Record-Revenues-and-Net-Earnings-for-the-Nine...