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Imperial Metals Corp T.III

Alternate Symbol(s):  IPMLF

Imperial Metals Corporation is a Canada-based exploration, mine development and operating company. The Company’s holdings include the Mount Polley mine (100%), the Huckleberry mine (100%), the Red Chris mine (30%). The Company also holds a portfolio of about 23 greenfield exploration properties in British Columbia. The Mount Polley copper/gold mine in south-central British Columbia is owned 100% by Mount Polley Mining Corporation, a wholly owned subsidiary of the Company. The property encompasses about 24,096 hectares (ha) consisting of seven mining leases and 52 mineral claims. The Huckleberry copper mine in west-central British Columbia is 100% owned by Huckleberry Mines Ltd., a wholly owned subsidiary of the Company. The property encompasses about 25,767 ha, consisting of two mining leases and 49 mineral claims. Red Chris Development Company Ltd., a subsidiary of the Company, owns a 30% beneficial interest in the Red Chris copper/gold mine in northwest British Columbia.


TSX:III - Post by User

Bullboard Posts
Comment by miningfundion Jan 16, 2018 2:34pm
138 Views
Post# 27370032

RE:Missing link

RE:Missing linkAccording to the latest MDA's, CC, and the 01/11/18 NR:

Red Chris: commenced mining the deeper high-grade material in the pit in late Q3 2017 but will return to the pushback of lower grade, low recovery, high clay ore in H2 2018. The 5 Huckleberry trucks will enable RC to increase the mining rate to open up and mine the deeper zone of the pit. So expect a good H1 but an ugly H2 2018.

Mount Polley: mining of the Cariboo pit will be completed in mid-2018 and development of the Springer pit will be completed by (early?) 2019. So only the low-grade stockpile will be milled in H2 2018. So expect a good H1 but an ugly H2 2018.

Brian Kynoch stated during the CC that the updated mine plans (already disclosed to the lenders and the insider shareholders) will be disclosed to all shareholders in early 2018. Still waiting ...
Bullboard Posts