like a good neighbor - imperial is thereDear Gordon. What is happening with your Irony drilling from your mining company? We see your neighbors at Imperial Metals generating 14 to 22% Zinc + Lead assays and they say they have 5 km of ore? Here's the news:
Imperial Metals Corporation: Underground Diamond Drilling Continues to Expand the Ruddock Creek Zinc-Lead Deposit
VANCOUVER, BRITISH COLUMBIA--(Marketwire - Oct. 25, 2011) -Imperial Metals Corporation (TSX:III) reports results from thecompleted 2011 underground diamond drill program at its Ruddock Creekproperty located 155 kilometres northeast of Kamloops, British Columbia.Highlights include two mineralized intervals intercepted in drill holeEUG-11-083 grading 14.43% zinc and 2.27% lead over an estimated truethickness of 8.4 metres and grading 11.64% zinc and 2.34% lead over anestimated true thickness of 5.9 metres. The underground diamond drillprogram was designed to further define the Lower E zone, and consistedof 76 drill holes totaling 14,133.4 metres from 7 underground drillstations. Following are selected significant intersections:
| Drill Hole # |
From |
To |
Interval (m) |
Estimated
True Thickness |
Zn % |
Pb % |
Zn+Pb % |
| EUG-10-033 |
69.8 |
78.3 |
8.5 |
6.8 |
10.75 |
2.08 |
12.83 |
| and |
136.2 |
142.6 |
6.4 |
5.2 |
10.83 |
2.26 |
13.09 |
| EUG-11-038 |
55.0 |
61.1 |
6.1 |
3.8 |
16.75 |
3.82 |
20.57 |
| and |
144.9 |
148.7 |
3.8 |
3.5 |
9.25 |
1.80 |
11.05 |
| EUG-11-055 |
77.4 |
80.6 |
3.2 |
2.3 |
20.05 |
3.92 |
23.97 |
| EUG-11-057 |
121.8 |
132.5 |
10.7 |
6.2 |
12.48 |
2.00 |
14.48 |
| and |
134.5 |
135.5 |
1.0 |
0.6 |
14.03 |
3.35 |
17.38 |
| EUG-11-058 |
40.3 |
48.4 |
8.1 |
4.2 |
15.20 |
3.31 |
18.50 |
| EUG-11-059 |
93.7 |
100.5 |
6.8 |
5.8 |
16.13 |
3.34 |
19.47 |
| and |
160.8 |
163.5 |
2.7 |
2.0 |
14.11 |
2.96 |
17.07 |
| EUG-11-061 |
109.9 |
117.3 |
7.4 |
4.8 |
13.00 |
2.47 |
15.47 |
| EUG-11-065 |
32.4 |
39.8 |
7.4 |
6.8 |
15.09 |
3.00 |
18.09 |
| EUG-11-071 |
42.0 |
46.0 |
4.0 |
3.6 |
10.82 |
2.36 |
13.18 |
| and |
48.0 |
49.6 |
1.6 |
1.5 |
13.72 |
3.51 |
17.23 |
| EUG-11-083 |
55.1 |
66.6 |
11.5 |
5.9 |
11.64 |
2.34 |
13.99 |
| and |
84.2 |
100.8 |
16.6 |
8.4 |
14.43 |
2.27 |
16.70 |
| EUG-11-089 |
78.9 |
86.6 |
7.7 |
4.8 |
11.87 |
2.17 |
14.04 |
| EUG-11-092 |
50.9 |
53.8 |
2.9 |
2.4 |
15.42 |
3.63 |
19.06 |
| EUG-11-099 |
6.1 |
8.5 |
2.4 |
2.3 |
14.45 |
3.12 |
17.57 |
| EUG-11-100 |
220.7 |
226.0 |
5.3 |
2.5 |
19.41 |
2.99 |
22.40 |
| EUG-11-109 |
248.8 |
258.0 |
9.2 |
4.0 |
11.80 |
1.93 |
13.82 |
Underground drillingcommenced in late November 2010 and was completed in July 2011. Tofacilitate the drilling, the underground workings were dewatered and anadditional 367 metres of underground development was completed byextending the E zone decline by 309 metres to a total length of 1,303metres from surface, and excavating, drilling, remuck and sump cut-outs.These drill results confirm that the massive sulphide mineralization ofthe Lower E zone to date extends 450 metres in an east-west directionand 500 metres in a north-south direction.
This portion of the Ruddock Creek Sulphide Horizondips continuously and predictably at 28.5° northwest, similar to theCreek zone located along the Ruddock Creek Sulphide Horizon to thesouthwest. The objective of the 2011 underground drilling in the lower Ezone was to significantly add to the previously reported resource at byincreasing the density of drilling and extending it to the west.
The E zone has been the focus of exploration since itwas discovered in outcrop in 1960. Located at the eastern end of theRuddock Creek Sulphide Horizon, this zone has now been defined by bothsurface and underground drilling for approximately one kilometre downplunge from where it outcrops at surface. Past exploration (1960-2010)at Ruddock Creek included the 982 metre E zone decline, a 180 metreincline cross-cut to provide access for underground diamond drilling ofthe Lower E zone, 3,584 metres of underground drilling and 44,088 metresof surface drilling.
The 2011 exploration program also included additionalsurface exploration, geological mapping, sampling and further diamonddrilling of the Creek, V and Q zones. The V and Q zones have seenminimal historic drilling and are located along the western extension ofthe Ruddock Creek Sulphide Horizon, which has been defined along alength of approximately five kilometres. Surface drilling commenced inJuly and was completed in October 2011. Up to four surface diamonddrills have been in operation to complete this phase of the 2011 programbefore the onset of winter conditions. A news release providing resultsof the surface drill program is expected by year end.
A comprehensive report will be completed in early 2012, including an update of the National Instrument 43-101 compliant report Mineral Resource Estimate, Ruddock Creek Deposit datedJuly 2009 [available on www.imperialmetals.com]. The report will beused to determine the next phase of exploration and development on theRuddock Creek property.
Mitsui Mining and Smelting Co. Ltd. and ItochuCorporation have an option to earn a 50% interest in the Ruddock Creekproperty. Their commitment is to spend $14 million by March 31, 2012 toearn a 35% working interest, with the right to spend a further $6million by March 31, 2013 to earn an additional 15% working interest, atwhich point Ruddock Creek will be held by Imperial 50%, Mitsui 30% andItochu 20%. Imperial will continue to operate the project through itswholly owned subsidiary Selkirk Metals Corp.