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.

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Imperial Metals Corp

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Post by scroogeon May 03, 2019 8:44am

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Post# 29705399

block CAVE

Mining is probably perfect for Canadian winters. Something one of the top mining firms in the world considered when offering C$1.1 billion dollars for a 70 percent interest in the mine. If anyone thought we were going to have some blockbuster quarter, they are crazy.

We float around these prices until the day the deal closes, then shoot back over $3 and higher from there as we build one of the few tier 1 mines in the world.

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