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 Vinson500on Nov 03, 2017 12:29pm

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Post# 26901310

Sr Bank Debt and BC NDP

I don't believe that the banks are all too worried as the sale of Red Chirs would easily eliminate all of their loans. I don't see any new mines coming on board in BC under the NDP/Green love in and thus a fully permitted and operating mine would attract a premium when coupled with the rise of copper and gold.

BNS is not a mine friendly bank ....not sure if they even fund any operating mines. I look forward to the BMO call on this one.

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