2. Except for historical information, this presentation may contain certain “ forward-looking ” statements and information relating to
IMPACT that are based on the beliefs of IMPACT management, as well as assumptions made by and information currently available
to IMPACT management. Such statements reflect the current risks, uncertainties and assumptions related to certain factors including
but not limited to, exploration and development risks, expenditure and financing requirements, title matters, operating hazards, metal prices, political
and economic factors, competitive factors, general economic conditions, relationships with vendors and strategic partners, governmental regulation and
supervision, seasonality, technological change, industry practices, and one-time events. Should any one or more risks or uncertainties materialize or
change, or should any underlying assumptions prove incorrect, actual results and forward-looking statements may vary materially from those described
herein. IMPACT does not assume the obligation to update any forward-looking statement.
The factors that could cause actual results to differ materially include, but are not limited to, the following: general economic
conditions; changes in financial markets; the impact of exchange rates; political conditions and developments in countries in which
the Company operates; changes in the supply, demand and pricing of the metal commodities which the Company mines or hopes
to find and successfully mine; changes in regulatory requirements impacting the Company’s operations; the ability to properly and efficiently staff the
Company’s operations; the sufficiency of current working capital and the estimated cost and availability of funding
for the continued exploration and development of the Company’s exploration properties.
This list is not exhaustive and these and other factors should be considered carefully, and readers should not place undue reliance
on the Company’s forward-looking statements. As a result of the foregoing and other factors, no assurance can be given as to any such future results,
levels of activity or achievements and neither the Company nor any other person assumes responsibility for the accuracy and completeness of these
forward-looking statements.
NI43-101 QUALIFIED PERSON
George Gorzynski, P.Eng., Vice President, Exploration and a Qualified Person under the meaning of Canadian National Instrument 43-101, is responsible
for the technical information in this presentation.
Cautionary Statement
2
3. GROWING
ASSETS
CONTINUOUS
EXPLORATION
PRUDENT
MANAGEMENT
IMPACT Silver is a junior silver producer with low cost operations and a growing
portfolio of silver mines in south-central Mexico.
A cornerstone of IMPACT’s success is systematic exploration leading to rapid mine
development to increase mill throughput and generate near-term cash flow.
Focused on creating value by growth primarily through earnings, in the pursuit of
building a multimillion ounce precious metals producer.
Overview
3
4. Frederick W. Davidson, CA
President, CEO,
Director
President of IMPACT Silver and Energold Drilling Corp. Over 35 years of mining experience
holding various senior positions, including at Erickson Gold Mines Ltd. and Mt. Skukum
Gold Mines.
George Gorzynski, P. Eng
VP Exploration,
Director
Over 30 years of exploration and mining experience; current Director of Tirex Resources,
Defiance Silver and Berkwood Resources.
Richard Younker, CA, CMC CFO
Held the senior financial consulting principal position at Woods Gordon; independent
financial consultant in public and private sectors
Armando Alexandri COO
Over 35 years of mining experience in underground and open-pit mines as well as
flotation and cyanidation processing plants
H. Walter Sellmer, P. Geo Director
Held senior positions at Amax Exploration, Canamax Resources Inc. and TOTAL Energold
Corp.
Victor Tanaka, P. Geo Director
President and CEO of Bayswater Uranium Corp. Held senior positions at Asamera Inc.,
Freeport McMoRan Gold Corp., Aber Resources, Major General Resources, Fjordland
Exploration and Pathfinder Resources.
Richard Mazur, P. Geo, MBA Director
President and CEO of Forum Uranium Corp. and CEO of Alto Ventures Ltd. Held senior
positions at Canamax Resources and IMPACT Minerals.
Peter Tredger, P. Eng, MBA Director
Former Senior Officer of Thompson Creek Metals Company. Held senior positions at
Glencairn Gold (now B2Gold) and Wheaton River Minerals (now Goldcorp).
Jean-Pierre Bourtin, MBA Director
President of a private equity firm in Connecticut, USA. Former Treasurer of Xerox Corp.,
Latin American and Emerging Markets.
Directors & Management
4
5. District Location Map
• Nearly 100% owned and operated 623 km² (62,300 ha) mineral exploration package in south-central Mexico
5
6. • The Royal Mines of Zacualpan is one
of the oldest mining districts in the
Americas, with over 485 years of
recorded mining history.
• IMPACT bought the Zacualpan assets
in 2006 and consolidated ownership
of the district for the first time in its
history.
• IMPACT’s exploration work has
catalogued over 3,000 old mine and
mill workings, forming an invaluable
basis for modern and effective
exploration.
Prolific Mining History in Zacualpan District
6
7. Long Term Goal and Development Plan
To build a profitable, mid-tier, multimillion ounce precious metals producing
company with multiple mines feeding multiple processing centres.
Exploration and Mine Development Process Flowchart
Over 3,000 old
mine workings
and prospects
catalogued in
IMPACT’s ArcGIS
database
RESEARCH
Compile old
mines and
prospects from
historic maps
FIELD WORK
Geological
mapping, surface
and underground
rock sampling
Select and
prioritize
favorable areas
and prospects and
design the drill
program
DRILLING
Drill program
will be results-
driven and
implemented in
phases
Current targets:
• Capire (south)
• Mirasol
• La Condesa
• Santa Efigenia
• El Gigante
MINE
DEVELOPMENT
Mine design,
planning,
permitting and
construction
PRODUCTION
&
CASH FLOW
Pilot operations at
Capire Plant with
plans to expand to
larger scale
production in the
future
• San Ramon
• Noche Buena
• Cuchara-Oscar
• Capire
7
8. Guadalupe Production
Centre
Zacualpan District
500 TPD
Operating near
capacity
Mill feed from
San Ramon, Noche
Buena & Cuchara-Oscar
Mines
(underground)
Capire Production
Centre
Capire-Mamatla District
200 TPD
Pilot plant with
expansion plans
Mill feed from
Capire Mine
(open-pit)
Two Production Centres
8
10. 10
Capire Mine & Production Centre
• Capire Mine (VMS, open-pit)• Capire Production Centre (200 tpd pilot plant)
11. San Ramon
Began production in 2008
Epithermal veins
Current primary producing
mine in the Zacualpan
District
Contribution of total
production in Q2 2013: 46%
Noche Buena
Began production in 2010
Epithermal veins in Valle de
Oro subdistrict located in
the Zacualpan District
Contribution of total
production in Q2 2013: 32%
Cuchara-Oscar
Corridor of wide, high-
grade epithermal veins
linking legacy mines within
the Cuchara Mine Complex
in the Zacualpan District
Contribution of total
production in Q2 2013: 22%
Capire
Volcanogenic sulfide
deposit with high-grade
polymetallic mineralization
in the Capire-Mamatla
District
Contribution of total
production in Q2 2013: 0%
(In commissioning phase)
Four Producing Silver Mines
11
12. Geology of Epithermal Vein Systems
Silver-rich at top of vein
200 – 1,000+ g/t Ag
Lead and Zinc-rich at
bottom of vein
60 – 150 g/t Ag
Gold-copper at
depths of 300 m+
Metal Zoning in Ore Shoots
Strike Length
150 – 420 m (500 – 1,400 ft)
Metal Level in Producing Mines
Surface – 0 m (0 ft)
150 m (500 ft)
300 m (1,000 ft)
Depth
12
Noche Buena Mine
San Ramon Mine
Valle de Oro subdistrict
(Exploration property)
Cuchara-Oscar Mine
13. Exploration Targets
Zacualpan District
• Mirasol
• La Condesa
• Santa Efigenia
Capire-Mamatla District
• Manto Rico
• Guadalupe
• Aurora II
Valle de Oro Subdistrict
• Carlos Pacheco
• El Gigante
• Huatescosco
Dominican Republic
• Early stage exploration on
legacy claims
623 km²/
62,300 ha
land
package*
* Does not include the Dominican Republic claims
• An abundance of attractive exploration targets across Zacualpan and Capire districts to
drive organic growth and potentially advance into mine development and production.
13
Statue of miner in front of Zacualpan’s central church
14. 2012 Metal Production
Silver - 85.5%
Lead - 4.2%
Zinc - 6.1%
Gold - 4.2%
Production Summary
Production Highlights Q2 2013 HY 2013 YE 2012
Silver production (oz) 185,998 351,649 620,515
Gold production (oz) 360 584 629
Average mill head grade
(silver grams per tonne)
163 155 138
Total tonnes produced (t) 42,086 84,095 168,826
Tonnes produced per day 462 467 463
Revenue per production
tonne
$89 $94 $94
Direct costs per production
tonne
$70 $67 $65
14
Silver-Focused Producer
15. ($000’000’s CDN except of EPS and average mill head
grade) Q2 2013 HY 2013 YE 2012 YE 2011
Revenues $3.8 $8.0 $15.9 $24.3
Operating expenses $3.2 $5.8 $10.3 $10.1
Mine operating earnings $0.1 $1.2 $4.0 $12.9
EBITDA ($1.4) ($1.2) $1.6 $13.0
Net earnings (loss) ($1.9) ($2.6) ($1.1) $7.6
Operating cash flow* ($0.2) $0.6 $3.3 $10.2
Debt Nil Nil Nil Nil
Earnings (loss) per share – basic ($0.03) ($0.04) ($0.02) $0.12
Cash and cash equivalents $10.0 $10.0 $16.0 $30.8
Working capital $12.7 $12.7 $21.4 $31.2
15
*Before changes in non-cash working capital
Financial Highlights
16. All prices in Canadian Dollars Current as of August 26, 2013
Common shares – Issued &
Outstanding
68.1M
Fully Diluted 74.8M
Share Price $0.91
52wk Range $0.52 - $1.77
90-Day Average Daily
Volume
59,556
Market Capitalization 62.0M
Insider Ownership 7.3%
Options Issued 6.7M
Warrants Nil
Corporate Summary (TSX-V: IPT)
16
Source: BigCharts.com
1-Year Chart Summary
17. 2013
• 30,000 meter exploration drill program (underway)
• Increase average silver feed grade at the Guadalupe Mill (underway)
• Complete drilling at Mirasol Prospect and determine its potential as next producing
mine (underway)
2014
• Continue drilling on the VMS targets in the Capire district
• Goal of completing graduation to the TSX from the TSX-V
2015
• Consider the location of an additional processing centre in the Zacualpan District
• Define the size of the planned expansion at the Capire Processing Centre and to initiate
construction the larger processing plant
Plans for Growth
17
19. APPENDIX I: Capire NI 43-101 Resource Estimate
Completed February 2011
Metal Content for Capire Mine Ag (oz) Au (oz) Cu (lb) Pb (lbs) Zn (lbs)
Measured 3,529,969 14,146 3,389,275 18,234,678 46,140,820
Indicated 3,694,066 16,300 3,693,733 19,029,800 49,522,173
Measured & Indicated (M&I) 7,224,035 30,446 7,083,007 37,264,478 95,662,993
Inferred 435,959 1,919 475,594 2,260,089 5,823,490
Summary Table of Classified Mineral Resources – Measured & Indicated and Separate Inferred
Zone Classification Tonnes Ag (g/t) Au (g/t) Cu (%) Pb (%) Zn (%)
Capire M&I 3,104,944 46.46 0.19 0.06 0.33 0.93
Aurora 1 M&I 1,807,302 44.50 0.199 0.07 0.36 0.80
Total
M&I 4,912,246 45.74 0.193 0.06 0.34 0.88
Inferred 371,066 36.54 0.161 0.06 0.28 0.71
• Drilling in 2010 showed Capire and Aurora 1 to be one continuous zone, now referred to as Capire
19
20. APPENDIX II: Capire Drill Highlights
A Selection of Capire Drill Highlights
Drill Hole From (m)
To
(m)
Interval
(m)
Ag (g/t) Au (g/t)
Pb
(%)
Zn
(%)
Cu
(%)
C12-06 78.25 80.30 2.05 507 1.81 2.20 4.02 0.41
including 79.30 80.30 1.00 929 3.27 2.77 5.27 0.63
and 105.70 110.80 5.10 183 0.20 1.05 2.45 0.13
C12-21 83.35 100.10 16.75 153 0.40 1.14 2.71 0.21
including 92.40 97.00 4.60 435 0.71 3.13 5.99 0.48
C12-25 13.20 23.35 10.15 107 0.58 0.90 2.43 0.10
including 13.20 15.25 2.05 315 0.91 2.93 8.19 0.25
• Drill holes listed above were drilled vertically and all intersections are estimated to be close to true width
• See News Release dated October 25, 2012
20
21. APPENDIX III: Mirasol Drill Highlights
A Selection of Mirasol Drill Highlights
Drill
Hole
Vein Name From (m)
To
(m)
Interval
(m)
Ag (g/t) Au (g/t)
Pb
(%)
Zn
(%)
Z12-71 Mirasol Central 73.9 82.9 8.98 183 0.030 0.07 0.14
including Mirasol Central 75.2 82.4 7.15 216 0.040 0.08 0.16
Z12-79 Mirasol Arriba 4 111.22 113.36 2.14 119 0.014 0.07 0.18
and Mirasol Arriba 3 127.25 128.40 1.15 400 0.034 0.13 0.08
and Mirasol Arriba 1 162.60 164.48 1.88 529 0.283 0.37 1.31
Z12-80 El Deshuesadero 83.45 85.15 1.70 931 0.30 1.03 2.10
Z12-85 Mirasol Arriba 3 114.65 116.00 1.35 792 0.143 0.48 0.16
Z12-86 Mirasol 176.56 177.60 1.04 337 0.023 0.15 0.76
• Discovered in November 2012, located 5.5km from Guadalupe Processing Plant, Zacualpan
• Several high grade silver values discovered, with drill hole Z12-79 encountering seven distinct veins, all of which are contributing
potentially economic silver intersections. See News Releases dated January 28, 2013 and November 26, 2012
21
22. APPENDIX IV: Cuchara-Oscar Drill Highlights
A Selection of Cuchara-Oscar Drill Highlights
Drill Hole To (m) From (m) Interval (m) Ag (g/t) Au (g/t) Pb (%) Zn (%)
Z11-46 92.10 97.75 5.65 1,007 0.07 0.50 1.1
including 96.70 97.75 1.05 4,580 0.26 1.70 4.0
and 108.95 111.70 2.75 1,128 0.51 0.90 1.4
Z11-55 21.80 22.85 1.05 435 0.01 0.15 0.24
Z11-64 36.60 43.20 6.60 223 0.08 0.18 0.52
Z11-69 0.70 3.35 2.65 408 0.62 0.73 1.12
Z11-74 21.35 22.35 1.00 1,875 0.74 2.65 6.88
Z12-05 92.50 97.60 5.10 234 0.05 0.14 0.49
Z12-08 22.36 45.75 23.39 115 0.02 0.12 0.36
• See News Releases dated October 26, 2011 and April 23, 2012
22
23. APPENDIX V: Valle de Oro Drill Highlights
A Selection of Carlos Pacheco Drill Highlights
Drill Hole From (m) To (m) Interval (m) Au (g/t) Ag (g/t) Cu (%)
Z08-68 Top of intercept - 85.74 2.90 19.6 68 0.29
including Top of intercept - 85.74 1.0 49.7 59 0.31
Z12-13 192.30 199.00 6.70 3.84 28 0.54
including 192.30 195.05 2.75 8.47 56 1.12
Z12-23 229.85 230.95 1.10 3.82 84 0.54
A Selection of Intermediate Vein Drill Highlights
Drill Hole From (m) To (m) Interval (m) Au (g/t) Ag (g/t) Pb (%) Zn (%)
Z12-16 100.00 114.30 14.30 0.04 82 0.09 0.19
including 100.00 106.50 6.50 0.06 119 0.06 0.14
Z12-18 57.00 59.00 2.00 0.20 337 0.23 0.43
Z12-23 26.10 28.10 2.00 0.22 207 0.10 0.15
• In addition to the gold-copper mineralization in the Carlos Pacheco vein, other drill holes intersected Ag-Pb-Zn mineralization in the Intermediate vein
cluster, located midway between the Carlos Pacheco and Noche Buena veins. See News Releases dated December 4, 2008 and July 11, 2012
23
24. APPENDIX VI: La Condesa Drill Highlights
A Selection of La Condesa Drill Highlights
Drill Hole To (m) From (m) Interval (m) Ag (g/t) Au (g/t) Pb (%) Zn (%)
Z12-39 167.30 171.00 3.70 312 0.029 0.27 0.90
Z12-42 136.00 139.78 3.78 214 0.269 0.15 0.37
Z12-45 177.90 179.00 1.10 1,655 0.010 0.25 0.08
Z12-46 151.40 154.25 2.85 255 0.111 0.22 0.46
Z12-55 57.80 59.60 1.80 245 0.030 0.12 0.36
Z12-63 106.50 108.85 2.35 231 0.010 0.16 0.26
Z12-64 101.10 105.55 4.45 200 0.035 0.21 0.49
Z12-68 46.40 50.30 3.90 250 0.009 0.07 0.16
• La Condesa accessed through the underground workings of the historic Cuchara Mine, which is also used to access the
Cuchara-Oscar Mine
• Mineralization from La Condesa is planned to augment the production from Cuchara-Oscar
• See News Release dated November 19, 2012
24
