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 > News Release

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Post by miningfundion Jul 18, 2023 8:07pm

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Post# 35547083

News Release

Excellent results at Mount Polley! BK can barely restrain his excitement - see below.

"Brian Kynoch, President of Imperial, said, “The results of these two phases of drilling will now be used to remodel the Springer mineralization. The updated model will be used to update Mount Polley mining plans. Given the positive results from this drilling we hope that the mine life can be extended. This drilling has also provided several targets for additional follow up drilling.”

Looks like National Bank got an early peak - it bought 28,000 shares at $1.933 in the last 30 minutes of trading.

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