IMPACT Silver Corp. ("IMPACT") is pleased to announce a positive production decision at the Noche Buena Vein System located four kilometers southwest of IMPACT's Guadalupe processing plant in the prolific Royal Mines of Zacualpan Silver and Gold District of central Mexico.

Initial mining plans are now complete and IMPACT engineers are moving to fast track the Noche Buena Project toward commercial production in the first quarter of 2010, subject to the timely receipt of permits. Initial production is planned at 100 tonnes per day, to be increased incrementally. IMPACT's operating processing plant at Guadalupe, located a short hauling distance away, is being upgraded to accommodate the additional Noche Buena throughput.

The Noche Buena Project will be the third new mine that has been taken from discovery to production by the technical team since 2004. From the time first assays were received from the discovery drill hole (January 2009) to projected commercial production (Quarter 1, 2010), approximately 12 months will have elapsed. This ability to fast track new mines into production is a cornerstone of IMPACT's plan to rapidly grow silver production in the Zacualpan-Mamatla Districts.

To date, drilling has defined the zone over a strike length of 300 meters, to a depth of 100 meters and an average width of 3 meters. The zone remains open for expansion. Exploration on this northerly trending, west dipping Silver-Gold vein has consisted of holes drilled on a 50 meters by 50 meters drill pattern designed to systematically explore and build tonnage. Previous news releases included intersections of 204 g/t silver across 8.5 meters (see news release dated January 26, 2009), 280 g/t silver across 4.5 meters (see news release dated April 08, 2009) and 158 g/t silver across 13.5 meters (see news release dated July 21, 2009). A complete table of drill intersections announced to date is posted on the IMPACT website at www.IMPACTSilver.com <http://www.IMPACTSilver.com> . An additional seven drill holes have been completed on this northern extension. Assays are pending.

George Gorzynski, P.Eng., a Qualified Person under the meaning of Canadian National Instrument 43 101, is 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 adjacent 200 square kilometers 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 and CEO