01:31 PM EDT, 05/06/2024 (MT Newswires) -- IMPACT Silver ( ISVLF ) said Monday it discovered a new silver vein in its producing Guadalupe silver mine in the Royal Mines of Zacualpan Silver-Gold District, Mexico.

Underground drilling south from Level 140 of the Guadalupe Mine intersected new significant mineralization designated Kena Vein South, within the 100 to 200 meters of active mine workings.

Among the highlights from the assays from the first four drill holes, the company said MPZ-UG-001-24 intersected 213 g/t of silver over 17.30 meters, including 1,400 g/t of silver over 0.75 meters on New Discovery at the Guadalupe Mine.

The company's shares were last seen up C$0.01 to C$0.265 on the TSX Venture Exchange.

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