Impact Silver Corp (ISVLF)

[sumisu]

IMPACT Silver Announces Chivo Drill Results

Thursday July 12, 6:50 pm ET

VANCOUVER, BRITISH COLUMBIA--(CCNMatthews - July 12, 2007) - IMPACT Silver Corp. ("IMPACT") (TSX VENTURE:IPT - News) is pleased to announce drill results from the Chivo Silver Shoot, as well as a new discovery named Chivo Northeast Zone at the Royal Mines of Zacualpan Silver Project, Mexico. These are the initial results from the first area tested in our 2007 Zacualpan 10,000m drill program.

CHIVO SILVER SHOOT

The Chivo Silver Shoot is located in the southern part of the Zacualpan silver district. Field sampling by IMPACT personnel in 2005 found a main vein and splay in old mine workings at Chivo (see news release dated September 7, 2005). Samples from the western vein assayed 1,095g/t silver and 0.38g/t gold across 1.25m true width in the workings and 2,640g/t silver and 1.36g/t gold across 0.85m on surface. Highlights of an initial drill program in 2006 returned an intercept of 937g/t silver over 2.7m including 2,380g/t silver and 4.83% zinc over 0.7m (see news release dated October 12, 2006).

The 2007 drill program at Chivo was designed to test the outer limits of the high grade silver shoot for mine planning purposes. Significant results from recent holes drilled at Chivo are as follows:

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