DRILL

HOLE

FROM

(meters)

TO

(meters)

INTERSECTI

ON

(meters)

SILVER

(g/t)

GOLD

(g/t)

Z09-06 134.32 135.62 1.30 332 0.67

Including 134.32 134.72 0.40 872 1.20

Z09-05 116.08 118.73 2.65 132 0.61

Z08-70* 21.80 30.35 8.55 204 0.24

Z08-71* 108.30 112.63 4.33 233 0.70

Z09-10 119.85 121.86 2.01 167 0.38

Z09-72 117.57 119.49 1.92 116.46 0.49

Z09-12 51.98 56.52 4.54 280 1.89

Including 54.54 54.81 0.27 3,600 15.50

* Holes Z08-70 and -71 were previously announced in a news release dated January 26, 2009.

Hole Z09-12 is particularly encouraging as both the thickness and grade have increased in this

northernmost hole. The enhanced gold values and appearance of the mineralization suggest the

possibility of a mineralizing centre located to the north of these holes, where drilling is currently

under way.

During the drilling of the Noche Buena Vein, a sub-parallel structure that dips at 70 degrees to the

east named Del Pulpo Vein was discovered. It is exposed in a short exploration adit, located about

100 meters to the southeast of Hole Z09-05. The intersection in Z09-05 is interpreted to be 2.06

meters. Lower grade intersections of the Del Pulpo Vein were encountered along strike to the

north.

DRILL

HOLE

FROM

(meters)

TO

(meters)

INTERSECTION

(meters)

SILVER

(g/t) GOLD (g/t)

Z09-05 156.34 161.22 4.88 560 0.76

Including 158.40 159.67 1.27 1355 1.95

In summary, the Noche Buena Vein and associated veins have been the subject of historical

mining and exploration efforts in which silver-gold-bearing quartz veins have been encountered

intermittently over one kilometer strike length. It is the intent of the ongoing drill program to

continue exploration in a systematic manner in order to determine vein continuity, thickness and

grade to build mineral inventory as well as discover new veins.

Brian Hall, P. Geo., and Nigel Hulme, P. Geo. Qualified Persons under the meaning of Canadian

National Instrument 43-101, are 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 200-squarekilometer

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.,

The TSX Venture Exchange does not accept responsibility for the adequacy or accuracy of this news release.

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