Imperial Metals Corp. reports diamond drill results from the final hole of the Mount Polley 2020 exploration program. Drill results from the first five holes were released February 8, 2021. A total of six drill holes, totalling 3,792 metres in length, were completed in the 2020 fourth quarter. Drill hole SD-20-162 was drilled in the Springer zone. The Springer zone contains most of the reserves in the current open pit [...]
Imperial Metals Corp. reports that construction has commenced on the portal site for an exploration decline into the deep East zone at Red Chris. Brian Kynoch, President of Imperial Metals said, "The beginning of work to develop an underground mine at Red Chris is a key moment in the mine's life. This is the first step in the development of an underground block cave mine designed to deliver the higher grade, deep East [...]
Imperial Metals Corp. reports results from diamond drilling at its Mount Polley mine. Six drill holes totalling 3,792 metres in length were completed in the 2020 fourth quarter. The drilling campaign had two objectives. The first objective was to improve drill hole data density of mineralization near historic mining areas where the use of underground mining is being considered. Assays are pending for one hole drilled [...]
Imperial Metals Corp. reports that the total 2020 metals production for the Red Chris mine was 88.3 million pounds copper and 73,787 ounces gold. Copper and gold production increased 22.9% and 102.9% respectfully, compared to 71.9 million pounds copper and 36,471 ounces gold produced in 2019. The increased 2020 metal production was driven mainly by higher grades, with the copper grade up 28% and the gold grade up 84% from [...]
Imperial Metals Corp. reports assay results from the final two drill holes of the 2020 diamond drilling at its Huckleberry property. Three drill holes totaling 2,491 metres in length were completed during the 2020 third quarter. The objective of the drill program was to test the continuation of copper mineralization at depth beneath the East zone pit, which produced about 50 million tonnes of ore grading 0.55% copper [...]
Imperial Metals Corp. provides an update on greenfield exploration completed in 2020 at the Giant Copper and LJ properties. Giant Copper Poly-Metallic Property: Drillhole returns 20.15 g/t gold over 3.11 metres The Giant Copper property is located 37 kilometres south-east of Hope. Portable packsack diamond drilling was completed on the Goldstone gold discovery. Results confirmed and extended the Goldstone gold occurrence [...]
Imperial Metals Corp. reports on the exploration program focused on the discovery of additional zones of higher grade mineralization within the Red Chris porphyry corridor. Eight drill holes totaling 12,652 metres have been completed since September. All drill holes intersected mineralization, except two that were dedicated geotechnical holes. A total of 99,018 metres of drilling from 77 drill holes has been completed [...]
Imperial Metals Corp. reports financial results for the three and nine months ended September 30, 2020, as summarized in this release and discussed in detail in the Management’s Discussion & Analysis. The Company’s financial results are prepared in accordance with International Financial Reporting Standards. The reporting currency of the Company is the Canadian Dollar. QUARTER HIGHLIGHTS FINANCIAL On February 20, 2019 the [...]
Imperial Metals Corp. reports initial results from diamond drilling at its Huckleberry property. The first drill hole H20E-416 intercepted 0.35% copper over 361.11 metres from 368.05 to 729.16 metres, including 0.52% copper over 99.45 metres from 368.05 to 467.50 metres. Three drill holes, totalling 2,491 metres in length, were completed during the third quarter. The objective of the drill program was to test the extent [...]
Imperial Metals Corp. reports Red Chris metal production for the 2020 third quarter was 22.2 million pounds copper and 18,052 ounces gold, as compared to 26.5 million pounds copper and 22,057 ounces gold produced in the 2020 second quarter. Imperial’s 30% portion of Red Chris third quarter production was 6.66 million pounds copper and 5,415 ounces gold. Newcrest Red Chris Mining Limited is operator of the Red Chris Joint [...]
Imperial Metals Corp. reports on Red Chris drill results which continue to validate the East zone high grade pod. Partial results from drill hole RC634, located in the East zone, returned 394 metres grading 1.6 g/t gold and 0.86% copper starting at 650 metres, and include a 166 metre interval grading 3.0 g/t gold and 1.5% copper from 806 metres down the hole. Newcrest Mining Ltd. Managing Director and Chief Executive [...]
Imperial Metals Corp. reports financial results for the three and six months ended June 30, 2020, as summarized in this release and discussed in detail in the Management’s Discussion & Analysis. The Company’s financial results are prepared in accordance with International Financial Reporting Standards. The reporting currency of the Company is the Canadian Dollar. QUARTER HIGHLIGHTS FINANCIAL On February 20, 2019, the [...]