Imperial Metals Corp T.III

Red Chris Block Cave Mining

[miningfundi]

Newmont 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.

[Temeraire2]

I hope you aren't holding your breath.  NEM already communicated that they are treating Permitting, Resource Estimate Update and Financing as a package.  This Quarters numbers for III - all things considered - are excellent.  The only shoe left to drop is what the realized LME pricing was.  Otherwise we're on track....albeit it's a slow train.   Sip....Sip

[miningfundi]

Hi Sip...Sip..., you advise that "NEM already communicated that they are treating Permitting, Resource Estimate Update and Financing as a package." Kindly advise where this can be found. Thanks.