Fred Davidson, President and CEO of Impact Silver (TSX.V:IPT – OTC:ISVLF), joins us to provide an update on the current production at the Zacualpan Silver-Gold District, where the Company has multiple mines feeding the Guadalupe processing plant, along with the progress ramping up into production at the newly acquired Plomosas Zinc-Lead-Silver Mine in Chihuahua, Mexico.
We also recap the acquisition in April of the Plomosas Mine, and the great deal of development and refurbishment work that was needed to upgrade the mine, portable mining equipment and vehicles, and the mill to prepare for the mine restart and first production in October. Fred lays out how they have some optionality as far as expanding production at Plomosas from a 200 tpd mill to a 300-400 tpd mill in time, and that there is even the potential for a much larger operation if their exploration team can show enough resource growth at the other historic mines and prospective CRD drill targets on the project land.
After recapping the current production we discussed the exploration upside across the district and the growth potential at both the Zacualpan Silver-Gold District and Plomosas Zinc-Lead-Silver District. Additionally, Fred recaps how the company releases significant exploration news, which is a different approach than how many resource companies operate.
If you have any follow up questions for Fred about Impact Silver then please email us at either Fleck@kereport.com or Shad@kereport.com.
- In full disclosure, Shad is a shareholder of Impact Silver at the time of this recording
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