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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

Post by miningfundion Oct 23, 2024 5:56pm
145 Views
Post# 36279319

Red Chris Block Cave Mining

Red Chris Block Cave MiningNewmont released its quarterly financial report today, and III released its quarterly production report. There was no mention in III’s report of Red Chris block cave mining. Newport did report that “The Future of Red Chris is Underground”, but there is no mention of a Feasibility Study or the timing of that mining method. Hopefully, we will see an update from III in its third quarterly financial report expected in early November.

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