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 > What's going on - heavy selling?

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Comment by miningfundion Dec 07, 2023 3:29pm

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Post# 35773726

RE:RE:What's going on - heavy selling?

Latest September quarter 2023 (released in November 2023) reporting regarding the Red Chris updated Mineral Resource is as follows:

Newcrest: "... aim to deliver an updated Red Chris Mineral Resource estimate including East Ridge in calendar year 2023. (Subject to market and operating conditions and no unforeseen delays)".

Imperial: "Work is underway to update the Red Chris Mineral Resources estimate to include East Ridge in 2023 ..."

Timing not carved in stone! I am not aware of any updates. So it looks like the Feasibility Study is also running late - first quarter 2024?.

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