MPACT Silver Corp. (“IMPACT” or the “Company”) announces its financial and operating results for the quarter ending March 31, 2019.
The Company reported $3.0 million in revenue for the first quarter of 2019 compared to Q1 2018 at $3.9 million with improved grades helping to offset lower tonnage and silver prices. Mine operating earnings before amortization and depletion were breakeven for the first time since Q1 2018 as cost reductions and grade improvements are having a positive impact.