Imperial Metals (III) intersects six drill holes totalling over 3.7 thousand metres in length.
The drilling campaign had two objectives.
The first was to improve drill hole data density of mineralization near historic mining areas where underground mining is being considered.
Assays are pending for one hole drilled beneath the Springer pit that targeted one of the potential underground mining areas.
The second was to drill new geophysical and geochemical anomalies outlined by recent surveys in the Trio Creek area located north and northwest of the mine.
The WX zone, the most recent major discovery (2009) at Mount Polley, is located south of the Springer pit.
It is noted for its high gold grades and high gold/copper ratio mineralization.
Drill hole WX-20-78, which was the only hole in this program to test the WX zone, intercepted 0.33 per cent copper and 0.70 g/t gold over 502.5 metres from 40.0 to 542.5 metres.
The C2 zone is located south of the Cariboo pit.
Two holes were drilled to test a zone of higher gold grade along the Polley fault at depth. Historic drilling in this zone yielded an intercept of 55 metres grading 2.14 g/t gold and 1.19 per cent copper in drill hole C2-11-97.
Both holes were successful in extending this lower gold zone.
New geophysical and geochemical anomalies outlined by recent surveys were drilled in the Trio Creek target area, located north and northwest of the mine.
This area is covered by glacial till with limited bedrock exposure, so the goal was to understand the geological system.
The targeted areas feature favourable geophysics that matches the geophysical fingerprint of the Mount Polley mineralized host rock.
Drill hole TC-20-01 targeted a large chargeability anomaly at depth with moderate geochemical signatures at the surface.
A strong correlation was also made between high chargeability and an increase in disseminated sulphide (pyrite) to depths of 400 metres. This provides confidence in our geophysical models at depth.
Imperial is a Vancouver based exploration, mine development and operating company with holdings that include the Mount Polley mine, the Huckleberry mine, the Red Chris mine.
Imperial also holds a portfolio of 23 greenfield exploration properties in British Columbia.
Imperial Metals (III) is up 0.87 per cent and is trading at C$4.66 at 3:51 pm EST.