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Replies to post #106 on Impact Silver Corp (ISVLF)
Plans for 2013 are to move both Capire and Cuchara-Oscar into production during the first quarter and continue aggressive field work and drilling on targets in the Valle de Oro area and in the Capire Mine area. Additional drilling is also required for both the Condesa Silver area where the mineralization remains open to expansion at depth and to the southeast, and the Mirasol Central & Northwest areas where the mineralization is currently open in all directions. Additional fieldwork in the form of geological mapping and detailed rock sampling will continue in the Valle de Oro and the San Pablo Norte areas.
With a track record of successful exploration, rapid mine development and more than 3,000 old mine workings in the GIS database, IMPACT's long term growth strategy is to become a mid-tier multimillion ounce silver producer with multiple production centers each fed by multiple mines. The construction of a second production center at Capire is the next important step to fulfilling this vision. IMPACT's strong cash position and positive cash flow allows for accelerated growth through aggressive exploration and potential accretive acquisitions.
