IMPACT Silver Announces First Quarter 2012 Financial and Production Results
IMPACT Silver Corp. reports financial and production results for the first quarter 2012, ended March 31. The first quarter results were lower compared to the same period in 2011 due to unfavorable foreign exchange fluctuations relative to the Canadian and U.S. dollars and the Mexican peso, and the decreasing silver grades at depth in the Chivo Mine, which is currently being addressed by accelerating plans to bring the high-grade Oscar Mine into production before year-end.