From the last NR -

EXPLORATION

During 2009, exploration was active in many areas as surface and underground drilling continued on a number of IMPACT's projects. The Company announced the initial NI 43-101 Mineral Resource Estimate for Capire & Aurora 1 Project in the Mamatla Silver District, totaling 7.2 million oz silver, 94.3 million lbs zinc and 38.8 million lbs lead. This mineral resource estimate comprises only 0.1% of the 200 square kilometers of the district. Both zones remain open for expansion and further infill and expansion drilling is currently underway to link the bodies together. Mine planning, metallurgical studies and economic studies are now underway to evaluate the production potential of the Capire and Aurora 1 zones. The Company is considering a number of alternatives, including the possible installation of a pilot plant on this project while it continues to test the expansion of the existing deposit and exploration of a number of nearby targets.

As of March 26, 2010, over 1,850 old mine workings have been entered into the GIS database with exploration focusing on expanding on these targets. The exploration program for 2010 is budgeted for 20,000 meters of surface and underground drilling and will be funded through existing cash balances and positive cash flow from mining operations.