02:15 PM EST, 12/03/2024 (MT Newswires) -- Impact Silver ( ISVLF ) , up 6.4% at last look, on Tuesday released further results from a drilling program into the Tres Amigos Zone at its Plomosas mine in northern Mexico.

Recent surface drill results include hole TASC-24-040, which intersected 16.60% zinc, 8.04% lead and 35 g/t silver over 2.5 meters true width.

Drill hole ASC-24-039 also intersected a wide interval averaging 8.86% zinc, 2.65% lead and 12 g/t silver over 5.6m true width including a high-grade section grading 27.50% zinc, 3.43% lead and 19 g/t silver over 1.1 meters true width.

"We are pleased with these new high-grade drill intersections on extensions of the Tres Amigos Zone adding mineralization for ongoing mining," said CEO Frederick Davidson. "We now have two drills testing extensions of near mine targets and plans to carry out exploration drilling on other targets along the under-explored six kilometre trend next year. On the production side, we continue to ramp up operations with the aim to reach mill capacity in Q1/2025."

Impact Silver ( ISVLF ) was last seen up $0.015 to $0.25 on the TSX Venture Exchange.

Price: 0.25, Change: +0.01, Percent Change: +4.26