# IMPACT Silver Reports Q2 2026 Results: Revenue Increased by 124%, Gross Profit up 756% on Silver Leverage, Higher Grades

Canonical Atlas analysis: https://atlas-extractions.minestarters.com/news/impact-silver-reports-q2-2026-results-revenue-increased-by-124-gross-profit-up-7--460c665a-e946-436d-bce9-b3cab9388f97

Original source: https://money.tmx.com/en/quote/IPT/news/5677942844425456/impact-silver-reports-q2-2026-results-revenue-increased-by-124-gross-profit-up-7

Publisher: tmx

Original announcement: 2026-08-20T21:34:00.000Z

Analysis by Minestarters Atlas

Atlas analysis published: Unknown date

Atlas analysis updated: Unknown date

- Company: IMPACT Silver Corp.

- Ticker: IPT

- Exchange: TSX

- Region: Mexico

- Primary commodity: Silver

- Secondary commodities: Gold, Copper, Lead, Zinc

- Document categories: Drill results, Production

- Extracted: 2026-09-14 06:20:06 UTC

Narrative sentiment: 0.70 · Bullish

## Minestarters Atlas summary

IMPACT Silver reported strong Q2 2026 results, with consolidated revenue growing to $53.1 million for the first six months. The Zacualpan operation saw a 39% increase in silver equivalent production, while the Plomosas operation remains under temporary suspension of underground mining.

Reasoning: Strong financial performance at the flagship Zacualpan operation driven by higher silver prices and grades, offsetting the operational suspension at Plomosas.

- Positive factor: Significant revenue and gross profit growth at Zacualpan

- Positive factor: Strong silver leverage with 97% production value

- Positive factor: High-grade silver drill results extending Carlos Pacheco Vein

- Positive factor: Strong balance sheet with $52.2M cash and no long-term debt

- Negative factor: Temporary suspension of underground mining at Plomosas

- Negative factor: Gross loss recorded at Plomosas operation

Facts used in scoring: 8

## Classification and evidence

**Step-Out Extension**

Polarity: positive

Definition: Mineralization extended beyond the previously known limit.

Why it applies: Follow-up drilling on June 15, 2026, extended the Carlos Pacheco Vein system to the north.

Evidence · text

> further extending the mineralized Carlos Pacheco Vein system to the north

**Bonanza Intercept**

Polarity: positive

Definition: Exceptionally high-grade zone, well above the deposit-type norm.

Why it applies: The 1,333 g/t silver intercept is exceptionally high-grade.

Evidence · text

> returned 1,333 g/t silver over 5.72 metres

## Extracted facts

Stored fact records: 8. Some facts used in scoring do not have a stored record.

## Drill Results (8)

### Fact 1

[Link to this fact](https://atlas-extractions.minestarters.com/news/impact-silver-reports-q2-2026-results-revenue-increased-by-124-gross-profit-up-7--460c665a-e946-436d-bce9-b3cab9388f97#fact-drill-facts-0)

Zacualpan · silver

Needs review: drill\_no\_hole\_id

#### Identity

- Project: Zacualpan
- Commodity: silver
- Region: mexico
- Reported Region: mexico
- Ticker: IPT

#### Geometry

- Grade: 207
- Grade Unit: g/t

#### Classification

- Sample Type: drill

#### QA/QC

- QA/QC Methods: standards

#### Review

- Needs Review: Yes
- Review Reason: drill\_no\_hole\_id
- Interp. Status: scored
- Historical: No

#### Dates

- Event date: 2026-08-20T00:00:00.000Z

Reasoning: Average silver head grades at Zacualpan rose to 207 g/t in Q2 2026.

- Positive factor: 31% increase in average silver head grades

#### Tags used in scoring

**No QA/QC Disclosure**

Polarity: negative

Definition: Release does not disclose QA/QC — lab certification, CP/QP sign-off and assay protocols cannot be checked from this document.

Why it applies: qaqc\_disclosed is not true

**Cut-off Undisclosed**

Polarity: negative

Definition: High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff\_grade was stated

**Nearology Play**

Polarity: neutral

Definition: Value premise rests on proximity to a known deposit rather than own results.

Why it applies: proximity is offered as the value premise: "To the south, the Capire Project includes a 200 tpd processing pilot plant adjacent to an open pit silver mine with an N"

### Fact 2

[Link to this fact](https://atlas-extractions.minestarters.com/news/impact-silver-reports-q2-2026-results-revenue-increased-by-124-gross-profit-up-7--460c665a-e946-436d-bce9-b3cab9388f97#fact-drill-facts-1)

Zacualpan · gold

Needs review: drill\_no\_hole\_id

#### Identity

- Project: Zacualpan
- Commodity: gold
- Region: mexico
- Reported Region: mexico
- Ticker: IPT

#### Geometry

- Grade: 114.5
- Grade Unit: g/t
- Intercept: 0.61 m

#### Classification

- Sample Type: drill

#### QA/QC

- QA/QC Methods: standards

#### Review

- Needs Review: Yes
- Review Reason: drill\_no\_hole\_id
- Interp. Status: scored
- Historical: No

#### Dates

- Event date: 2026-08-20T00:00:00.000Z

Reasoning: High-grade gold intersection reported on April 21, 2026.

- Positive factor: Exceptionally high gold grade

#### Tags used in scoring

**No QA/QC Disclosure**

Polarity: negative

Definition: Release does not disclose QA/QC — lab certification, CP/QP sign-off and assay protocols cannot be checked from this document.

Why it applies: qaqc\_disclosed is not true

**Cut-off Undisclosed**

Polarity: negative

Definition: High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff\_grade was stated

**Nearology Play**

Polarity: neutral

Definition: Value premise rests on proximity to a known deposit rather than own results.

Why it applies: proximity is offered as the value premise: "To the south, the Capire Project includes a 200 tpd processing pilot plant adjacent to an open pit silver mine with an N"

### Fact 3

[Link to this fact](https://atlas-extractions.minestarters.com/news/impact-silver-reports-q2-2026-results-revenue-increased-by-124-gross-profit-up-7--460c665a-e946-436d-bce9-b3cab9388f97#fact-drill-facts-2)

Zacualpan · silver

Needs review: drill\_no\_hole\_id

#### Identity

- Project: Zacualpan
- Commodity: silver
- Region: mexico
- Reported Region: mexico
- Ticker: IPT

#### Geometry

- Grade: 1295
- Grade Unit: g/t
- Intercept: 0.61 m

#### Classification

- Sample Type: drill

#### QA/QC

- QA/QC Methods: standards

#### Review

- Needs Review: Yes
- Review Reason: drill\_no\_hole\_id
- Interp. Status: scored
- Historical: No

#### Dates

- Event date: 2026-08-20T00:00:00.000Z

Reasoning: High-grade silver intersection reported on April 21, 2026.

- Positive factor: Bonanza silver grade

#### Tags used in scoring

**No QA/QC Disclosure**

Polarity: negative

Definition: Release does not disclose QA/QC — lab certification, CP/QP sign-off and assay protocols cannot be checked from this document.

Why it applies: qaqc\_disclosed is not true

**Cut-off Undisclosed**

Polarity: negative

Definition: High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff\_grade was stated

**Nearology Play**

Polarity: neutral

Definition: Value premise rests on proximity to a known deposit rather than own results.

Why it applies: proximity is offered as the value premise: "To the south, the Capire Project includes a 200 tpd processing pilot plant adjacent to an open pit silver mine with an N"

### Fact 4

[Link to this fact](https://atlas-extractions.minestarters.com/news/impact-silver-reports-q2-2026-results-revenue-increased-by-124-gross-profit-up-7--460c665a-e946-436d-bce9-b3cab9388f97#fact-drill-facts-3)

Zacualpan · copper

Needs review: drill\_no\_hole\_id

#### Identity

- Project: Zacualpan
- Commodity: copper
- Region: mexico
- Reported Region: mexico
- Ticker: IPT

#### Geometry

- Grade: 1.1
- Grade Unit: %
- Intercept: 0.61 m

#### Classification

- Sample Type: drill

#### QA/QC

- QA/QC Methods: standards

#### Review

- Needs Review: Yes
- Review Reason: drill\_no\_hole\_id
- Interp. Status: scored
- Historical: No

#### Dates

- Event date: 2026-08-20T00:00:00.000Z

Reasoning: Copper grade reported within the high-grade intersection.

- Positive factor: Strong copper grade in intersection

#### Tags used in scoring

**No QA/QC Disclosure**

Polarity: negative

Definition: Release does not disclose QA/QC — lab certification, CP/QP sign-off and assay protocols cannot be checked from this document.

Why it applies: qaqc\_disclosed is not true

**Cut-off Undisclosed**

Polarity: negative

Definition: High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff\_grade was stated

**Nearology Play**

Polarity: neutral

Definition: Value premise rests on proximity to a known deposit rather than own results.

Why it applies: proximity is offered as the value premise: "To the south, the Capire Project includes a 200 tpd processing pilot plant adjacent to an open pit silver mine with an N"

### Fact 5

[Link to this fact](https://atlas-extractions.minestarters.com/news/impact-silver-reports-q2-2026-results-revenue-increased-by-124-gross-profit-up-7--460c665a-e946-436d-bce9-b3cab9388f97#fact-drill-facts-4)

Zacualpan · gold

Needs review: drill\_no\_hole\_id

#### Identity

- Project: Zacualpan
- Commodity: gold
- Region: mexico
- Reported Region: mexico
- Ticker: IPT

#### Geometry

- Grade: 9.79
- Grade Unit: g/t
- Intercept: 9.49 m

#### Classification

- Sample Type: drill

#### QA/QC

- QA/QC Methods: standards

#### Review

- Needs Review: Yes
- Review Reason: drill\_no\_hole\_id
- Interp. Status: scored
- Historical: No

#### Dates

- Event date: 2026-08-20T00:00:00.000Z

Reasoning: Broader interval reported as part of the April 21, 2026 results.

- Positive factor: Strong gold grade over significant width

#### Tags used in scoring

**No QA/QC Disclosure**

Polarity: negative

Definition: Release does not disclose QA/QC — lab certification, CP/QP sign-off and assay protocols cannot be checked from this document.

Why it applies: qaqc\_disclosed is not true

**Cut-off Undisclosed**

Polarity: negative

Definition: High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff\_grade was stated

**Nearology Play**

Polarity: neutral

Definition: Value premise rests on proximity to a known deposit rather than own results.

Why it applies: proximity is offered as the value premise: "To the south, the Capire Project includes a 200 tpd processing pilot plant adjacent to an open pit silver mine with an N"

### Fact 6

[Link to this fact](https://atlas-extractions.minestarters.com/news/impact-silver-reports-q2-2026-results-revenue-increased-by-124-gross-profit-up-7--460c665a-e946-436d-bce9-b3cab9388f97#fact-drill-facts-5)

Zacualpan · silver

Needs review: drill\_no\_hole\_id

#### Identity

- Project: Zacualpan
- Commodity: silver
- Region: mexico
- Reported Region: mexico
- Ticker: IPT

#### Geometry

- Grade: 212
- Grade Unit: g/t
- Intercept: 9.49 m

#### Classification

- Sample Type: drill

#### QA/QC

- QA/QC Methods: standards

#### Review

- Needs Review: Yes
- Review Reason: drill\_no\_hole\_id
- Interp. Status: scored
- Historical: No

#### Dates

- Event date: 2026-08-20T00:00:00.000Z

Reasoning: Broader interval reported as part of the April 21, 2026 results.

- Positive factor: Strong silver grade over significant width

#### Tags used in scoring

**No QA/QC Disclosure**

Polarity: negative

Definition: Release does not disclose QA/QC — lab certification, CP/QP sign-off and assay protocols cannot be checked from this document.

Why it applies: qaqc\_disclosed is not true

**Cut-off Undisclosed**

Polarity: negative

Definition: High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff\_grade was stated

**Nearology Play**

Polarity: neutral

Definition: Value premise rests on proximity to a known deposit rather than own results.

Why it applies: proximity is offered as the value premise: "To the south, the Capire Project includes a 200 tpd processing pilot plant adjacent to an open pit silver mine with an N"

### Fact 7

[Link to this fact](https://atlas-extractions.minestarters.com/news/impact-silver-reports-q2-2026-results-revenue-increased-by-124-gross-profit-up-7--460c665a-e946-436d-bce9-b3cab9388f97#fact-drill-facts-6)

Zacualpan · copper

Needs review: drill\_no\_hole\_id

#### Identity

- Project: Zacualpan
- Commodity: copper
- Region: mexico
- Reported Region: mexico
- Ticker: IPT

#### Geometry

- Grade: 0.29
- Grade Unit: %
- Intercept: 9.49 m

#### Classification

- Sample Type: drill

#### QA/QC

- QA/QC Methods: standards

#### Review

- Needs Review: Yes
- Review Reason: drill\_no\_hole\_id
- Interp. Status: scored
- Historical: No

#### Dates

- Event date: 2026-08-20T00:00:00.000Z

Reasoning: Copper grade reported within the broader interval.

#### Tags used in scoring

**No QA/QC Disclosure**

Polarity: negative

Definition: Release does not disclose QA/QC — lab certification, CP/QP sign-off and assay protocols cannot be checked from this document.

Why it applies: qaqc\_disclosed is not true

**Cut-off Undisclosed**

Polarity: negative

Definition: High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff\_grade was stated

**Nearology Play**

Polarity: neutral

Definition: Value premise rests on proximity to a known deposit rather than own results.

Why it applies: proximity is offered as the value premise: "To the south, the Capire Project includes a 200 tpd processing pilot plant adjacent to an open pit silver mine with an N"

### Fact 8

[Link to this fact](https://atlas-extractions.minestarters.com/news/impact-silver-reports-q2-2026-results-revenue-increased-by-124-gross-profit-up-7--460c665a-e946-436d-bce9-b3cab9388f97#fact-drill-facts-7)

Zacualpan · silver

Needs review: drill\_no\_hole\_id

#### Identity

- Project: Zacualpan
- Commodity: silver
- Region: mexico
- Reported Region: mexico
- Ticker: IPT

#### Geometry

- Grade: 1333
- Grade Unit: g/t
- Intercept: 5.72 m

#### Classification

- Sample Type: drill

#### QA/QC

- QA/QC Methods: standards

#### Review

- Needs Review: Yes
- Review Reason: drill\_no\_hole\_id
- Interp. Status: scored
- Historical: No

#### Dates

- Event date: 2026-08-20T00:00:00.000Z

Reasoning: Follow-up drilling announced on June 15, 2026, returned high-grade silver.

- Positive factor: Bonanza silver grade

- Positive factor: Step-out extension of Carlos Pacheco Vein

#### Tags used in scoring

**No QA/QC Disclosure**

Polarity: negative

Definition: Release does not disclose QA/QC — lab certification, CP/QP sign-off and assay protocols cannot be checked from this document.

Why it applies: qaqc\_disclosed is not true

**Cut-off Undisclosed**

Polarity: negative

Definition: High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff\_grade was stated

**Nearology Play**

Polarity: neutral

Definition: Value premise rests on proximity to a known deposit rather than own results.

Why it applies: proximity is offered as the value premise: "To the south, the Capire Project includes a 200 tpd processing pilot plant adjacent to an open pit silver mine with an N"

## How Atlas produces this analysis

Minestarters Atlas uses automated extraction to summarize mining announcements, identify reported measurements, and classify supporting evidence. Sentiment reflects the extracted narrative and classification rules; it is an interpretation, not a reported measurement. Evidence quotes and context are provided where available. Missing data, low-confidence results, and review flags indicate limitations. Check the original publisher announcement before relying on an interpretation.
