Another Record Silver Production

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hobbers

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Another Record Silver Production

in response to

Re: Announces Record Silver Production and Earnings

coach247

posted on May 26, 2009 11:24AM

Hi Coach, I hope IPT gets some notice pretty soon. It's really been a gem that keeps on shining no matter what. Glad I have a bit of it and and keep on adding when funds permit, which isn't often nowadays.

I can't get anything to line up properly when copying/pasting, so the link has the chart, etc.

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May 26 2009 - IMPACT Silver Corp. (“IMPACT” TSX.V - IPT) is pleased to announce record quarterly silver production of 229,710 ounces, up 7% from 213,876 ounces in the prior quarter (ending December 31, 2008). Gross revenues for the quarter were $1,457,000 down 34% from $2,221,000 in the prior quarter. Average mill throughput during the quarter was 329 tpd (tonnes per day), up from 286 tpd in the prior quarter. Higher throughput and higher average silver grades allowed IMPACT’s mining operations to be cash flow positive amidst a lower metal price environment.