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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 teeveeon Jun 22, 2015 2:30pm
107 Views
Post# 23856122

RE:What's next for Red Chris?

RE:What's next for Red Chris?The two items I want to see are:

1. production running at capacity

2. metal recoveries are up to levels expected after metallurgical work done for feasibility study. Last I saw was the mill would grind the ore finer hoping to liberate more copper (and gold). Grinding finer takes more time and energy (which costs money), and may negatively impact throughput. Another ball mill may be required, assuming there is spare capacity on the power lines to operate one.....

If those two things don't happen, cash flows, payback period etc will all be negatively impacted. 
Bullboard Posts