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Except for historical information, this presentation may contain certain “ forward-looking ” statements and information relating to IMPACT that are based on the beliefs of IMPACT management, as well as assumptions made by and information currently available to IMPACT management. Such statements reflect the current risks, uncertainties and assumptions related to certain factors including but not limited to, exploration and development risks, expenditure and financing requirements, title matters, operating hazards, metal prices, political and economic factors, competitive factors, general economic conditions, relationships with vendors and strategic partners, governmental regulation and supervision, seasonality, technological change, industry practices, and one-time events. Should any one or more risks or uncertainties materialize or change, or should any underlying assumptions prove incorrect, actual results and forward-looking statements may vary materially from those described herein. IMPACT does not assume the obligation to update any forward-looking statement.

The factors that could cause actual results to differ materially include, but are not limited to, the following: general economic conditions; changes in financial markets; the impact of exchange rates; political conditions and developments in countries in which the Company operates; changes in the supply, demand and pricing of the metal commodities which the Company mines or hopes to find and successfully mine; changes in regulatory requirements impacting the Company’s operations; the ability to properly and efficiently staff the Company ’ s operations; the sufficiency of current working capital and the estimated cost and availability of funding for the continued exploration and development of the Company’s exploration properties.

This list is not exhaustive and these and other factors should be considered carefully, and readers should not place undue reliance on the Company’s forward-looking statements. As a result of the foregoing and other factors, no assurance can be given as to any such future results, levels of activity or achievements and neither the Company nor any other person assumes responsibility for the accuracy and completeness of these forward-looking statements.

NI43-101 QUALIFIED PERSON

George Gorzynski, P.Eng., Vice President, Exploration and a Qualified Person under the meaning of Canadian National Instrument 43-101, is responsible for the technical information in this presentation.

Cautionary Statement

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GROWING

ASSETS

CONTINUOUS

EXPLORATION

PRUDENT

MANAGEMENT

IMPACT Silver is a junior silver producer with low cost operations and a growing portfolio of silver mines in south-central Mexico.

A cornerstone of IMPACT’s success is systematic exploration leading to rapid mine development to increase mill throughput and generate near-term cash flow.

Focused on creating value by growth primarily through earnings, in the pursuit of building a multimillion ounce precious metals producer.

Overview

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Frederick W. Davidson, CA President, CEO, Director

President of IMPACT Silver and Energold Drilling Corp. Over 35 years of mining experience holding various senior positions, including at Erickson Gold Mines Ltd. and Mt. Skukum Gold Mines.

George Gorzynski, P. Eng VP Exploration, Director

Over 30 years of exploration and mining experience; current Director of Tirex Resources, Defiance Silver and Berkwood Resources.

Richard Younker, CA, CMC CFO Held the senior financial consulting principal position at Woods Gordon; independent financial consultant in public and private sectors

H. Walter Sellmer, P. Geo Director Held senior positions at Amax Exploration, Canamax Resources Inc. and TOTAL Energold Corp.

Victor Tanaka, P. Geo Director President and CEO of Bayswater Uranium Corp. Held senior positions at Asamera Inc., Freeport McMoRan Gold Corp., Aber Resources, Major General Resources, Fjordland Exploration and Pathfinder Resources.

Richard Mazur, P. Geo, MBA Director President and CEO of Forum Uranium Corp. and CEO of Alto Ventures Ltd. Held senior positions at Canamax Resources and IMPACT Minerals.

Peter Tredger, P. Eng, MBA Director Former Senior Officer of Thompson Creek Metals Company. Held senior positions at Glencairn Gold (now B2Gold) and Wheaton River Minerals (now Goldcorp).

Jean-Pierre Bourtin, MBA Director President of a private equity firm in Connecticut, USA. Former Treasurer of Xerox Corp., Latin American and Emerging Markets.

Directors & Management

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District Location Map

• Nearly 100% owned and operated 623 km² (62,300 ha) mineral exploration package in south-central Mexico

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• The Royal Mines of Zacualpan is one of the oldest mining districts in the Americas, with over 485 years of recorded mining history.

• IMPACT bought the Zacualpan assets in 2006 and consolidated ownership of the district for the first time in its history.

• IMPACT’s exploration work has catalogued over 3,000 old mine and mill workings as of December 31, 2012, forming an invaluable basis for modern and effective exploration.

Prolific Mining History in Zacualpan District

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Long Term Goal and Development Plan

To build a profitable, mid-tier, multimillion ounce precious metals producing company with multiple mines feeding multiple processing centres.

Exploration and Mine Development Process Flowchart

Over 3,000 old mine workings and prospects catalogued in

IMPACT’s ArcGIS database

RESEARCH Compile old mines and

prospects from historic maps

FIELD WORK Geological

mapping, surface and underground

rock sampling

Select and prioritize

favorable areas and prospects and

design the drill program

DRILLING Drill program

will be results-driven and

implemented in phases

Current targets: • Capire (south) • Mirasol • La Condesa • Santa Efigenia • El Gigante

MINE DEVELOPMENT

Mine design, planning,

permitting and construction

PRODUCTION &

CASH FLOW

Pilot operations at Capire Plant with

plans to expand to larger scale

production in the future

• San Ramon • Noche Buena • Cuchara-Oscar • Capire

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Guadalupe Production Centre

Zacualpan District

500 TPD

Operating at max capacity

Mill feed from

San Ramon, Noche Buena & Cuchara-Oscar

Mines

(underground)

Capire Production Centre

Capire-Mamatla District

200 TPD

Pilot plant with expansion plans

Mill feed from

Capire Mine

(open-pit)

Two Production Centres

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San Ramon Began production in 2008

Epithermal veins

Current primary producing mine in the Zacualpan

District

Contribution of total production in Q1 2013: 47%

Noche Buena Began production in 2010

Epithermal veins in Valle de Oro subdistrict located within the Zacualpan

District

Contribution of total production in Q1 2013: 32%

Cuchara-Oscar Corridor of wide, high-grade epithermal veins

linking legacy mines within the Cuchara Mine Complex

in the Zacualpan District

Contribution of total production in Q1 2013: 13%

Capire (open-pit)

Volcanomassive sulfide deposit with high-grade

polymetallic mineralization in the Capire-Mamatla

District

Contribution of total production in Q1 2013: 0%

Four Producing Silver Mines

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Geology of Epithermal Vein Systems

Cuchara-Oscar Mine Average silver head grade ~270 g/t

San Ramon Mine &

Noche Buena Mine

Average silver head

grade ~150 g/t

Valle de Oro

(Au)

Silver-rich at top of vein 200 – 1,000+ g/t Ag

Lead and Zinc-rich at bottom

60 – 150 g/t Ag

Gold-copper at depths of 300 m

Metal Zoning in Ore Shoots Strike Length

150 – 420 m (500 – 1,400 ft)

Metal Level in Producing Mines

Surface – 0 m (0 ft)

150 m (500 ft)

300 m (1,000 ft)

Depth

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Exploration Targets

Zacualpan District

• Mirasol

• La Condesa

• Santa Efigenia

Capire-Mamatla District

• Manto Rico

• Guadalupe

• Aurora II

Valle de Oro Subdistrict

• Carlos Pacheco

• El Gigante

• Huatescosco

Dominican Republic

• Early stage exploration on legacy claims

IMPACT Silver’s

623 km²/ 62,300 ha

land package*

* Does not include the Dominican Republic claims

• An abundance of attractive exploration targets across the two districts to drive organic growth and potentially advance into mine development and production.

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Percentage of Production by Revenue YE 2012

Silver - 85.5%

Lead - 4.2%

Zinc - 6.1%

Gold - 4.2%

Production Summary

Operating Mine % of Production

Q1 2013 % of Total Production YE

2012

San Ramon 47 41

Noche Buena 32 31

Chivo* 4 16

Gallega* 4 12

Cuchara-Oscar 13 Commenced production in

Q1 2013

Capire Nil Commenced production in

Q1 2013

Production Highlights Q1 2013 YE 2012 YE 2011

Total Ag production (oz) 165,651 620,515 833,607

Total tonnes milled (t) 42,009 168,826 154,289

Tonnes milled per day 472 463 424

Direct cost per tonne ($) 64.28 64.55 69.71

*Minimal to no supplementary mining from Chivo and Gallega as of Q2 2013

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-5

0

5

10

15

20

25

30

35

2010

2011

2012

Q1 2013

Financial Summary

In C

DN

$0

00

,00

0’s

• Revenue and production was lower in 2012 due to decreasing silver grades at depth within the Chivo Mine and a lower average spot silver price compared to 2011.

• During 2013, production is expected to increase as a result of higher silver grades and increased production from the new Cuchara-Oscar and Capire Mines.

*Before changes in non-cash working capital

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All prices in Canadian Dollars Current as of May 23, 2013

Common Shares Issued & Outstanding* 68.13M

Fully Diluted* 74.84M

Share Price $0.55

52wk Range $0.52 - $1.77

90-Day Average Daily Volume 73,371

Market Capitalization $37.47M

Insider Ownership 3.23%

Options Issued* 6.71M

Working Capital* $16.81M

Cash* $13.34M

Debt* Nil

Corporate Summary

*As at Q1 2013

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2013

• 35,000 meter exploration drill program (underway)

• Increase average silver feed grade at the Guadalupe Mill (underway)

• Complete drilling at Mirasol Prospect and determine its potential as next producing mine (underway)

2014 • Plans to complete drilling on the VMS targets surrounding the Capire Mine area

• Goal of completing graduation to the TSX from the TSX-V

2015

• Determine the location for the next processing centre in the Zacualpan District

• Define the size of the planned expansion at the Capire Processing Centre and to initiate construction the larger processing plant

Plans for Growth

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Contact Us

IMPACT Silver Corp. TSX-V: IPT Frankfurt: IKL

Telephone 1-604-681-0172

Fax 1-604-681-6813

Email inquiries@impactsilver.com

Investor Relations Meghan Brush

Website www.impactsilver.com

Twitter @IMPACT_Silver

Corporate Address 1100 - 543 Granville Street

Vancouver, BC, Canada V6C 1X8

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APPENDIX I: Capire NI 43-101 Resource Estimate

February 2011

Metal Content for Capire Mine Ag (oz) Au (oz) Cu (lb) Pb (lbs) Zn (lbs)

Measured 3,529,969 14,146 3,389,275 18,234,678 46,140,820

Indicated 3,694,066 16,300 3,693,733 19,029,800 49,522,173

Measured & Indicated (M&I) 7,224,035 30,446 7,083,007 37,264,478 95,662,993

Inferred 435,959 1,919 475,594 2,260,089 5,823,490

Summary Table of Classified Mineral Resources – Measured & Indicated and Separate Inferred

Zone Classification Tonnes Ag (g/t) Au (g/t) Cu (%) Pb (%) Zn (%)

Capire M&I 3,104,944 46.46 0.19 0.06 0.33 0.93

Aurora 1 M&I 1,807,302 44.50 0.199 0.07 0.36 0.80

Total M&I 4,912,246 45.74 0.193 0.06 0.34 0.88

Inferred 371,066 36.54 0.161 0.06 0.28 0.71

• Drilling in 2010 showed Capire and Aurora 1 to be one continuous zone, now referred to as Capire

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APPENDIX II: Capire Drill Highlights

A Selection of Capire Drill Highlights

Drill Hole From (m) To

(m) Interval

(m) Ag (g/t) Au (g/t)

Pb (%)

Zn (%)

Cu (%)

C12-06 78.25 80.30 2.05 507 1.81 2.20 4.02 0.41

including 79.30 80.30 1.00 929 3.27 2.77 5.27 0.63

and 105.70 110.80 5.10 183 0.20 1.05 2.45 0.13

C12-21 83.35 100.10 16.75 153 0.40 1.14 2.71 0.21

including 92.40 97.00 4.60 435 0.71 3.13 5.99 0.48

C12-25 13.20 23.35 10.15 107 0.58 0.90 2.43 0.10

including 13.20 15.25 2.05 315 0.91 2.93 8.19 0.25

• Drill holes listed above were drilled vertically and all intersections are estimated to be close to true width • These holes expanded to the extent of the Capire mineralization to the north and south; the zone remains open for

further expansion to the east and northeast • See News Release dated October 25, 2012

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APPENDIX III: Mirasol Drill Highlights

A Selection of Mirasol Drill Highlights

Drill Hole

Vein Name From (m) To

(m) Interval

(m) Ag (g/t) Au (g/t)

Pb (%)

Zn (%)

Z12-79 Mirasol Arriba 4 111.22 113.36 2.14 119 0.014 0.07 0.18

and Mirasol Arriba 3 127.25 128.40 1.15 400 0.034 0.13 0.08

and Mirasol Arriba 1 162.60 164.48 1.88 529 0.283 0.37 1.31

Z12-80 El Deshuesadero 83.45 85.15 1.70 931 0.30 1.03 2.10

Z12-85 Mirasol Arriba 3 114.65 116.00 1.35 792 0.143 0.48 0.16

Z12-86 Mirasol 176.56 177.60 1.04 337 0.023 0.15 0.76

• Recently discovered in November 2012, located 5.5km from Guadalupe Processing Plant, Zacualpan • Several high grade silver values discovered, with drill hole Z12-79 encountering seven distinct veins, all of which are

contributing potentially economic silver intersections • See News Release dated January 28, 2013

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APPENDIX IV: Cuchara-Oscar Drill Highlights

A Selection of Cuchara-Oscar Drill Highlights

Drill Hole To (m) From (m) Interval (m) Ag (g/t) Au (g/t) Pb (%) Zn (%)

Z11-46 92.10 97.75 5.65 1,007 0.07 0.50 1.1

including 96.70 97.75 1.05 4,580 0.26 1.70 4.0

and 108.95 111.70 2.75 1,128 0.51 0.90 1.4

Z11-55 21.80 22.85 1.05 435 0.01 0.15 0.24

Z11-64 36.60 43.20 6.60 223 0.08 0.18 0.52

Z11-69 0.70 3.35 2.65 408 0.62 0.73 1.12

Z11-74 21.35 22.35 1.00 1,875 0.74 2.65 6.88

Z12-05 92.50 97.60 5.10 234 0.05 0.14 0.49

Z12-08 22.36 45.75 23.39 115 0.02 0.12 0.36

• See News Release dated October 26, 2011 and April 23, 2012

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APPENDIX V: Valle de Oro Drill Highlights

A Selection of Carlos Pacheco Drill Highlights

Drill Hole From (m) To (m) Interval (m) Au (g/t) Ag (g/t) Cu (%)

Z08-68 Top of intercept - 85.74 2.90 19.6 68 0.29

including Top of intercept - 85.74 1.0 49.7 59 0.31

Z12-13 192.30 199.00 6.70 3.84 28 0.54

including 192.30 195.05 2.75 8.47 56 1.12

Z12-23 229.85 230.95 1.10 3.82 84 0.54

A Selection of Intermediate Vein Drill Highlights

Drill Hole From (m) To (m) Interval (m) Au (g/t) Ag (g/t) Pb (%) Zn (%)

Z12-16 100.00 114.30 14.30 0.04 82 0.09 0.19

including 100.00 106.50 6.50 0.06 119 0.06 0.14

Z12-18 57.00 59.00 2.00 0.20 337 0.23 0.43

Z12-23 26.10 28.10 2.00 0.22 207 0.10 0.15

• In addition to the gold-copper mineralization in the Carlos Pacheco vein, other drill holes intersected Ag-Pb-Zn mineralization in the Intermediate vein cluster, located midway between the Carlos Pacheco and Noche Buena veins. See News Release dated December 4, 2008 and July 11, 2012

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APPENDIX VI: La Condesa Drill Highlights

A Selection of La Condesa Drill Highlights

Drill Hole To (m) From (m) Interval (m) Ag (g/t) Au (g/t) Pb (%) Zn (%)

Z12-39 167.30 171.00 3.70 312 0.029 0.27 0.90

Z12-42 136.00 139.78 3.78 214 0.269 0.15 0.37

Z12-45 177.90 179.00 1.10 1,655 0.010 0.25 0.08

Z12-46 151.40 154.25 2.85 255 0.111 0.22 0.46

Z12-55 57.80 59.60 1.80 245 0.030 0.12 0.36

Z12-63 106.50 108.85 2.35 231 0.010 0.16 0.26

Z12-64 101.10 105.55 4.45 200 0.035 0.21 0.49

Z12-68 46.40 50.30 3.90 250 0.009 0.07 0.16

• La Condesa accessed through the underground workings of the historic Cuchara Mine, which is also used to access the Cuchara-Oscar Mine

• Mineralization from La Condesa is planned to augment the production from Cuchara-Oscar • See News Release dated November 19, 2012

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