Announcement • Apr 24
Imperial Metals Corporation Provides Production Guidance for the Year 2026 Imperial Metals Corporation provided production guidance for the year 2026. For the year, both copper and gold production were however in line with the budgeted 2026 production, and the guidance for 2026 Red Chris production (100%) remains 60 - 66 million pounds of copper and 47,500 – 52,500 ounces of gold. Announcement • Mar 10
Imperial Metals Corporation, Annual General Meeting, May 20, 2026 Imperial Metals Corporation, Annual General Meeting, May 20, 2026. Announcement • Feb 11
Imperial Metals Corporation Provides Production Guidance for the Year 2026 Imperial Metals Corporation provided production guidance for the year 2026. For the year, the 2026 production target is 19 million - 21 million pounds copper and 40,000 ounces - 44,000 ounces gold. Announcement • Jan 23
Imperial Metals Corporation Reports on the First Diamond Drill Hole from the Mount Polley 2025 Phase 2 Diamond Drill Program Imperial Metals Corporation reported on the first diamond drill hole from the Mount Polley 2025 Phase 2 Diamond Drill Program which includes 11.0 metres with a grade of 4.43% copper, 1.53 g/t gold and 41.7 g/t silver. The nine hole Phase 2 program consisted of 3,718.3 metres. The Mount Polley 2025 Phase 2 program had three goals; to test a high-grade zone beneath the Wight Pit, to expand and determine the boundaries for mineralization in the higher gold grade encountered at depth in the C2 zone, and to test beneath the previously mined Bell Pit for depth extension using new targeting techniques successfully deployed in the Springer Pit. The results of the first hole drilled in this program have been received, with the remainder pending. Drill hole WB-25-268 was collared on the eastern edge of the previously mined Wight Pit and targeted a high-grade area located in the Green zone, adjacent to the Martel zone, at depth beneath the Wight Pit. The goal of drill holeWB-25-268 was to test the continuity and further define the high-grade zone originally defined by holes WB-05-189 (15.0 metres grading 3.1% copper, 0.33 g/t gold, and 20.1 g/t silver) andWB-04-179 (12.4 metres grading 6.7% copper, 3.65 g/t gold, and 44.8 g/t silver). Hole WB-25-268 intercepted a hydrothermal fragmental potassic-altered breccia hosting significant bornite and chalcopyrite cement at the target depth that returned from 304.4 metres, 11.0 metres grading 4.43% copper,1.53 g/t gold, and 41.7 g/T silver. In addition to the mineralization intercepted in the targeted zone the hole intersected a number of other higher-grade sections, both above and below the targeted area, including 9.6 metres grading 3.71% copper, 0.42 g/t gold and 9.89 g/t silver starting at 272.5 metres. The higher silver to copper ratio returned in this hole is typical of mineralization in the northeast quadrant of the Mount Polley property. Announcement • Nov 28
Imperial Metals Corporation Provides Huckleberry Exploration Update Imperial Metals Corporation reported that all nine drillholes of the 2025 Huckleberry mine diamond drilling program, totaling 1,743 metres, intersected copper, molybdenum, silver, and gold mineralization. Drillhole MZ-25-1 intersected an elevated gold interval of 22.6 metres of 0.23 g/t gold from 73.7 to 96.3 metres. However, gold and silver were recovered and were present at payable levels in all the copper concentrate produced at Huckleberry. Gold and silver assay results from the 2025 drilling and the resampling of 18 historic holes from the Main Zone will be included in the block model for the Main Zone deposit and will enable gold and silver values to be integrated into mine planning. Most of the mineralization from 2025 drilling is hosted in the volcanic rock surrounding the Main Zone stock, but some mineralization, especially molybdenum, continued into the stock itself. At Whiting Creek, located 8.5 kilometres north of the Huckleberry mill, three step-out drill holes totaling 1,870 metres were completed during the 2025 exploration program. A full QA/QC program using blanks, standards and duplicates was completed for all diamond drilling samples submitted to the labs. Insufficient geological information is available to confirm the geological model and true width of significant assay intervals. Announcement • Aug 13
ImImperial Metals Corporation Announces Discovery of Copper Mineralization in 400 Metre Step-Out Drill Hole, Four Kilometres North of the Mount Polley Mill Imperial Metals Corporation reported that an exploration drill hole, drilling a blind target through clastic cover rocks, intercepted a hydrothermal breccia hosting significant visual native copper at the unconformity with the Mount Polley Intrusive Complex (MPIC). Two intercepts in diamond drill hole FP-25-01 of 7.0 metres grading 0.70% copper and 0.27 g/t gold starting at 383.0 metres, and 20.0 metres grading 0.25% copper and 0.96 g/t gold starting at 417.5 metres, mark the discovery of significant mineralization in a major step-out. The drill hole was collared 4.15 kilometres north of the operating Mount Polley mill. Hole FP-25-01 was drilled 1.2 kilometres north-northwest from the previously mined Wight Pit (Northeast Zone) where some of the highest copper grade ore has been mined at Mount Polley. The series of mineralized zones that occur along the interpreted structural corridor occur over a linear distance of over 1,500 metres. The link between mineralization and the structure will be further investigated. The extent of non-copper-gold bearing magnetite breccia below 437.5 metres is a clear sign of extensive hydrothermal activity well north of the exposed MPIC and provides support for further exploration targeting in the surrounding area. Drilling continued after the drill results reported in the May 22, 2025 News Release with 16 additional drill holes designed to aid in expanding the resource in the gold-rich C2 Zone, and 2 holes in the pit to provide detailed information to support mine planning. Diamond drilling at Mount Polley has been suspended for now. Announcement • Aug 07
Imperial Metals Corporation Announces Supreme Court of British Columbia Dismisses Judicial Review Petition, Mount Polley to Continue Constructing TSF Raise Imperial Metals Corporation announced that the Supreme Court of British Columbia has dismissed the application of the Xatsull First Nation ("Xatsull") for an injunction and judicial review of two provincial approvals authorizing construction of a four-metre lift on the tailings storage facility ("TSF") at the Mount Polley Mine ("Mount Polley"). The Court found the decisions of the two provincial authorities allowing Mount Polley to construct the TSF lift were reasonable and were made fairly, and that the Government sufficiently consulted with the Xatsull before making those decisions. The Court's decision cited the extensive consultation record and actions taken in support of Xatsull's review of the approvals. Imperial and Mount Polley are committed to transparent engagement with Indigenous communities and environmental responsibility. Maintaining a meaningful relationship with Xatsull and Williams Lake First Nation is important to the Company, including supporting sustainable development through meaningful dialogue. Mount Polley Mine employs over 390 employees, making it a significant economic driver in the region. Although the mine can continue to construct the TSF raise and may now deposit tailings that rely on that raise, without receipt of pending Mines permit amendment which allows Mount Polley to continue to mine, the mine may again be put in jeopardy of significantly revising operational plans or ceasing operation if the Mines permit amendment process is not expedited. Announcement • May 23
Imperial Metals Corporation Reports Initial Diamond Drill Results from the Mount Polley 2025 Exploration Program Imperial Metals Corporation reported initial diamond drill results from the Mount Polley 2025 exploration program with a notable interval of 152.5 metres grading 0.46% copper and 0.97 g/t gold starting from a depth of 282.5 metres, including 85.0 metres grading 0.67% copper and 1.56 g/t gold starting at 285.0 metres in C2 Zone diamond drill hole C2-25-121. The C2 Zone is located immediately south of the Cariboo Pit and, similar to the Cariboo and the WX zones, gold values in the mineralization of the C2 Zone exceed copper values. Also, much of the copper mineralization near surface and along faults in this zone is oxidized which results in lower copper recovery in processing. Given the recent increase in gold price, exploration priority has been given to the C2 Zone. This year's drilling in the C2 Zone has been designed to fill gaps in the historic drilling to provide the information required to design an expanded pit in this area, and to target a higher-grade zone at depth. Holes C2-25-116, C2-25-117 and C2-25-119 targeted gaps in drilling that would potentially fall within an expanded pit in the C2 Zone. Including 33.7 metres grading 0.79% copper and 2.02 g/t gold from a depth of 347.5 metres. Hole C2-25-121 intersected 152.5 metres grading 0.,46% copper and 0. 97 g/t gold from adepth of 282.5 metres. Including 85.0 metres grading 0.,67% copper and 1. 56 g/t gold from a deep depth of 285.0 metres. The first phase of diamond drilling is ongoing. Jim Miller-Tait, P.Geo., Imperial's VP Exploration, has reviewed this news release as the designated Qualified Person as defined by National Instrument 43-101 for the Mount Polley exploration program. Samples reported were analysed at Bureau Veritas Mineral Laboratories in Vancouver. A full QA/QC program using blanks, standards and duplicates was completed for all diamond drilling samples submitted to the labs. Significant assay intervals reported represent apparent widths. Insufficient geological information is available to confirm the geological model and true width of significant assay intervals. Diamond drill data, cross sections and plan view maps are available on Imperialmetals.com. Announcement • Mar 11
Imperial Metals Corporation, Annual General Meeting, May 21, 2025 Imperial Metals Corporation, Annual General Meeting, May 21, 2025. Announcement • Feb 21
Imperial Provides Update on Red Chris 2024 Production and Production Guidance for 2025 for Mount Polley Imperial Metals Corporation reported that 2024 metal production from Red Chris (100% basis) was 85,320,618 pounds of copper and 59,811 ounces of gold, up from 57,051,467 pounds of copper and 46,046 ounces of gold in 2023, on higher grades and recoveries for both metals. Red Chris met its 2024 production guidance of 85.0 million pounds of copper and 57,000 ounces of gold for the calendar year 2024.Imperial’s 30% share of Red Chris mine production for 2024 was 25,595,185 pounds of copper up from 17,115,440 pounds copper in 2023 and 17,943 ounces of gold up from 13,814 ounces gold in 2023. The Red Chris feasibility study is advancing as are permitting activities and some underground development work to support the underground block cave project. Newmont Mining Corporation guidance for Red Chris mine production (100%) is 88 million pounds of copper and 86,000 ounces of gold for the calendar year 2025.Both copper and gold production are expected to be higher in 2025 at Red Chris as the mining sequence provides for mining higher grade ore during the year, including a 50% increase in gold production year over 2024 results. The 2025 production target for Mount Polley is 25.0 - 27.0 million pounds copper and 35,000 - 40,000 ounces gold. The production target for gold is the same as in 2024, while the copper production target is lower. Phase 4 Springer Pit ore, which has a higher recoverable copper grade is targeted to be fully mined by the third quarter of 2025, with the lower copper grade from the Phase 5 pushback in the Springer pit delivering process ore in the fourth quarter of 2025. Announcement • Jul 23
Imperial Metals Corporation Reports Diamond Drill Results from the Final 18 Diamond Drill Holes from the Mount Polley 2024 Exploration Program Imperial Metals Corporation reported diamond drill results from the final 18 diamond drill holes from the Mount Polley 2024 exploration program, including a notable interval of 895 metres grading 0.26% copper and 0.32 g/t gold starting from a depth of 27.5 metres, including 342.5 metres grading 0.42% copper and 0.48g/t gold starting from 27.5 metres, in diamond drill hole SD-24-196. The 2024 drilling at Mount Polley followed up on the significant results obtained in the 2023 drill program which focused on the Springer zone at Mount Polley. Hole SD-24-196 was an angled hole oriented at 155°/75° (strike/dip), collared in the floor on the south side of the Springer Pit. This hole, like the other holes in this drill program targeted gaps in drilling within the current pit designs (Phase 5 and 6 pits) in the Springer zone and also to test for extended mineralization at depth. The results confirm that copper-gold mineralization extends vertically beneath the floor of the Springer Pit for 885 metres. The results will be used to remodel the Springer zone mineralization, optimize the pit designs for the Springer Pit, increase resolution in mine scheduling and potentially to consider pit expansions and further drilling. A total of 7,377 metres of diamond drilling were completed at Mount Polley between March and May, 2024. Hole SD-24-183 was a vertical hole located in the center of the Springer Pit targeting an area with gaps in drilling. The drill hole intersected 160 metres grading 0.42% copper and 0.43 g/t gold, starting from 7.5 metres depth, including 18.65 metres of 1.67% copper and 1.57 g/t gold. This interval also intercepted 27.5 metres of 0.12% molybdenum from 107.5 metres; this level of molybdenum mineralization is the highest ever intersected in the Springer zone. Hole SD-24-190 was a vertical hole collared in the center of the Springer Pit, about 35 metres northwest of hole SD-24-183. The drill hole intersected 249.0 metres grading 0.33% copper and 0.39 g/t gold, starting from three metres depth, including 109.5 metres of rock grading 0.51% copper and 0.54 g/t gold, starting from three metres. Hole SD-24-191 was a vertical hole collared in the Springer Pit, about 100 metres northwest of SD-24-183. The drill hole intersected 304.0 metres grading 0.24% copper and 0.27 g/t gold, starting from six metres depth, including 34.0 metres grading 0.35% copper and 0.47 g/t gold, starting from six metres depth. Hole SD-24-192 was a vertical hole collared approximately 70 metres southeast of SD-24-183. The drill hole intersected 244.5 metres grading 0.26% copper and 0.37 g/t gold, starting from 4.5 metres depth, including 96.80 metres of rock grading 0.39% copper and 0.31 g/t gold, starting from 4.5 metres depth and 79.45 metres grading 0.26% copper and 0.60 g/t gold, starting from 162.5 metres depth. Hole SD-24-197 was an angled hole oriented at 040°/65 ° collared in the northern part of the Springer Pit. This hole targeted an undrilled area along the northeastern boundary of the deposit in an area with high potential to hit higher grade mineralization. The drill hole intersected 117.5 metres grading 0.32% copper and 0.62 g/t gold, starting from 82.5 metres depth. Announcement • May 24
Imperial Metals Corporation Reports Diamond Drill Results from Three More Holes of Mount Polley 2024 Exploration Program Imperial Metals Corporation reported diamond drill results from three more holes of the Mount Polley 2024 exploration program, including a notable interval of 257.5 metres grading 0.71% copper and 0.39 g/t gold from 35.0 metres in diamond drill hole SD-24-180. This phase of drilling is ongoing and is following up on the significant results obtained in the 2023 drill programs. Hole SD-24-180 was a vertical hole located 33 metres northwest from previously released hole SD-24-179 which intersected 270 metres grading 0.65% copper and 0.48 g/t gold from 22.5 metres on section 3230N. Holes SD-24-180 and SD-24-179 were planned to target gaps in the southwest edge of the Springer Pit at both shallow and deep levels. The first 135.5 metres of this intercept are within the current ultimate pit design for the Springer Pit. The portion of this hole beneath the ultimate pit tests an area that has been studied for potential underground mining. Hole SD-24-180 had 18 metres of casing and encountered the first recoverable core at 33 metres. The lithology throughout the entire hole closely resembles hole SD-24-179 and alternates between intense crackle breccia to moderately pseudo-brecciated monzonite to monzodiorite, with strong potassium feldspar, biotite, calc-silicate, albite and magnetite alteration. Copper mineralization throughout the hole is dominantly disseminated with veinlet-controlled chalcopyrite and trace bornite. Similar to hole SD-24-179, hole SD-24-180 intersects pervasive calc-silicate and magnetite alteration three times, providing pockets with a higher percentage of chalcopyrite. Hole SD-24-178 was an angled hole oriented at 225°/-60° and was collared on the north rim of the current Springer Pit. The hole was planned to test the extent of mineralization of the Springer Pit near a fault that appears to form the northern boundary of Springer mineralization. The first 143 metres of this hole are within the ultimate pit design. The hole intersected 12.5 metres of 0.28% copper and 0.39 g/t gold starting at 30 metres along with some lower grade intervals in the pit that will be mined in the Phase 5 pushback of the Springer pit. Mineralization within the pit may provide some additional mill feed from upper benches of the Phase 5 pushback. Hole SD-24-181 was a vertical hole collared on the eastern edge at the bottom of the Springer Pit. The hole was designed to test potential mineralization further to the east at depth. Hole SD-24-181 intersected two notable intervals of gold mineralization. The first interval had a width of 22.5 metres grading 0.18% copper and 0.44 g/t gold from 42.5 metres and is within the current pit design. The second interval had a width of 35 metres grading 0.17% copper and 0.49 g/t gold from 107.5 metres and is beneath the current ultimate pit design. Jim Miller-Tait, P.Geo., Imperial’s VP Exploration, has reviewed this news release as the designated Qualified Person as defined by National Instrument 43-101 for the Mount Polley exploration program. Samples reported were analysed at Bureau Veritas Mineral Laboratories in Vancouver. A full QA/QC program using blanks, standards and duplicates was completed for all diamond drilling samples submitted to the labs. Significant assay intervals reported represent apparent widths. Insufficient geological information is available to confirm the geological model and true width of significant assay intervals. Announcement • Apr 30
Imperial Metals Corporation Reports Partial Diamond Drill Results from the Mount Polley 2024 Exploration Program Imperial Metals Corporation reported partial diamond drill results from the Mount Polley 2024 exploration program, including a notable interval of 270 metres grading 0.65% copper and 0.48 g/t gold from 22.5 metres in diamond drill hole SD-24-179. Drilling is ongoing with 4,983 metres in 20 holes completed to date. The 2024 program is designed to follow up on last year’s successful drilling in the Springer zone. Hole SD-24-179 was a vertical hole located on section 3230N and was planned to target significant gaps in the southern/western portion of the Springer zone mineralization at both shallow and deep levels. This mineralization has good potential to be converted from resource to reserve due to its proximity to existing mining and planned pits. The first 158.0 metres of this intercept are in the current ultimate pit design for the Springer pit. The portion of this hole beneath the ultimate pit tests an area that has been studied for potential underground mining. The hole was collared atop tailings in the Springer pit and was cased to the first recoverable core at 21 metres. Throughout the entire hole the lithology alternates between intense crackle breccia to moderately pseudo-brecciated monzonite to monzodiorite, with strong potassium feldspar, biotite, calc-silicate, albite and magnetite alteration. Copper mineralization throughout the hole is dominantly disseminated and veinlet-controlled chalcopyrite and trace bornite. Pervasive calc-silicate and magnetite skarn alteration, with iron content up to 27%, was intersected three times within the hole and provides pockets with higher chalcopyrite content. Holes TZ-24-04, TZ-24-05, and TZ-24-06 were collared on the northeast rim of the Cariboo pit. The TZ holes are production planning holes and are part of a geochemical classification program that will help determine acid generating potential of rock excavated during the Mount Polley Phase 5 pit expansion. Short, mineralized intervals were intercepted. Jim Miller-Tait, P.Geo., Imperial’s VP Exploration, has reviewed this news release as the designated Qualified Person as defined by National Instrument 43-101 for the Mount Polley exploration program. Samples reported were analysed at Bureau Veritas Mineral Laboratories in Vancouver. A full QA/QC program using blanks, standards and duplicates was completed for all diamond drilling samples submitted to the labs. Significant assay intervals reported represent apparent widths. Insufficient geological information is available to confirm the geological model and true width of significant assay intervals. Announcement • Mar 15
Imperial Metals Corporation Provides Production Guidance for the Year 2024 Imperial Metals Corporation provided production guidance for the year 2024. Newmont guidance for Red Chris mine production (100%) is 85.0 million pounds of copper and 57,000 ounces of gold for the calendar year 2024. Announcement • Mar 08
Imperial Metals Corporation, Annual General Meeting, May 22, 2024 Imperial Metals Corporation, Annual General Meeting, May 22, 2024. Announcement • Feb 07
Imperial Metals Corporation announced that it expects to receive CAD 45 million in funding Imperial Metals Corporation announced a non brokered private placement to issue unsecured non-convertible debentures for the gross proceeds of CAD 45,000,000. The Debentures have a maturity date of November 1, 2025 and bear interest at a rate of 12% per annum, with interest paid semi-annually in cash, with the first payment due September 1, 2024. The Debentures have an early redemption premium of 2% payable on the principal amount outstanding if the Company chooses to redeem them prior to maturity. The transaction will include participation from N. Murray Edwards has agreed to purchase up to CAD 35,000,000 of the Debentures, and directors and officers of the Company are expected to purchase an aggregate of up to CAD 1,800,000 of the Debentures. Announcement • Jan 18
Imperial Metals Corporation Provides Production Guidance for the Year 2024 Imperial Metals Corporation provided production guidance for the year 2024. For the year, the company expected production target for Mount Polley is 34–37 million pounds copper and 37,000 -41,000 ounces gold. Announcement • Nov 02
Imperial Metals Corporation Reports Drill Results of the Final Four Holes of the 2,031 Metres Diamond Drilling Program at Whiting Creek Imperial Metals Corporation reported drill results of the final four holes of the 2,031 metres diamond drilling program at Whiting Creek. The drill results include an intercept of 162.5 metres grading 0.33% copper and 1.64 g/t silver in hole CW-23-3B. Ongoing surface exploration and this year's results have extended the Creek Zone mineralization 450 metres to the west. The mineralization remains open and there is clearly potential for further discovery in this underexplored area and throughout the Whiting Creek intrusive complex and adjacent volcanics. The target is a calc-alkalic porphyry mineralization associated with the Bulkley plutonic suite, like the Huckleberry deposit. Veining and strong hydrothermal alteration are prevalent throughout the area, along with a pyritic halo approximately 6 km by 3 km in plan dimension. The dominant intrusive is the Whiting Creek Stock, which is a body of biotite rich quartz diorite to granodiorite, approximately 3 km by 4 km in surface dimension. Over the past two years, Imperial has conducted a program of geological mapping, geochemical surveys, whole rock trace element studies, and airborne and surface geophysical surveys over the Whiting Creek area. From these recent surveys numerous drill targets were identified and in July to August of 2023, Imperial completed 2,031metres of diamond drilling in five holes on the Whiting Creek prospect. Hole CW-23-03B was drilled at 225deg azimuth and a dip of -50deg to a final depth of 438 metres and was collared approximately 75 metres north northwest from previously reported drillhole CW-23-01 (September 18, 2023). The first 165 metres of the hole were Whiting Creek Stock intrusive rocks. The hole then passed through the intrusive to volcanic contact and intersected veined and altered andesite volcanic rocks to the bottom of the hole. While historic drill holes in the Creek Zone intersected copper and molybdenum within the Whiting Creek Stock, intercepts from 2023 drilling confirm that the surrounding altered volcanics can host significant copper, molybdenum and silver mineralization. Significant intervals include: Hole CW-23-02, Hole CW-23-03 B was drilled at 225deg azIMuth and a dip of - 50deg to a final depth of438 metres and was collaredapproximately 75 metres north northwest from previously reports drillhole CW-23-1 (September 18, 2023); The first 165 metres of the holes were Whiting Creek Stock intrusive rock. The hole then passed through The intrusive to volcanic contact and intersecting veined and altered andesites volcanic rocks to the bottom of The hole. While historic drill holes In the Creek Zone intersected copper & molybdenum within The Whiting Creek Stock, intersected copper and molyssdenum within the WhitingC Stock, intercepts from 20 23 drilling confirm that the surrounding altered volcanic rocks can host significant copper,molybdenum and silver Mineralization. Significant intervals include: Significant intervals include: Hole From To width: CuEq% =Cu% +(6.84Mo%)+0.01Ag g/t) based on insitu rock value, recoveries not included (Cu at USD 3.80/lb, Mo at USD 26.00/lb, Ag at USD 23.00/oz) Jim Miller-Tait, P.Geo., Imperial's VP Exploration, has reviewed this news release as the designated Qualified Person as defined by National Instrument 43-101 for the Whiting Creek exploration program. Samples reported were analysed at Bureau Veritas Mineral Laboratories in Vancouver. A full QA/QC program using blanks, standards and duplicates was completed for all diamond drilling samples submitted to the labs. Significant assay intervals reported represent apparent widths. Significant assay intervals reported represent evident widths. Insufficient intervals were observed at the Whiting Creek mineralization was observed at the Huckleberry mine. Announcement • Oct 14
Imperial Metals Corporation announced that it expects to receive CAD 20 million in funding Imperial Metals Corporation announced a non-brokered private placement of unsecured non-convertible debentures for aggregate principal amount of up to CAD 20,000,000 on October 13, 2023. The transaction will include participation from N. Murray Edwards for up to CAD 12,500,000. The Debentures have a maturity date of July 1, 2025 and bear interest at a rate of 12.0% per annum, with interest paid semiannually in cash, with the first payment due May 1, 2024. Announcement • Sep 20
Imperial Metals Corporation Reports Diamond Drill Results for Hole C-23-01B Imperial Metals Corporation reports diamond drill results for hole CW-23-b01B, the first of five drill holes from the Whiting Creek 2023 exploration program. The drill results include an intercept of 52.6 metres grading 0.45% copper and 1.29 g/t silver starting from the top of bedrock at a depth of 67.4 metres. The Whiting Creek prospect forms part of the Huckleberry property and is located approximately 8.5 km north of the Huckleberry mill. The target is a calc-alkalic porphyry associated with the Bulkley plutonic suite, like the Huckleberry deposit. Veining and strong hydrothermal alteration are prevalent throughout the area, along with a pyritic halo approximately 6 km by 3 km in plan dimension. The dominant intrusive is the Whiting Creek Stock, which is a body of biotite rich quartz diorite to granodiorite, approximately 3 km by 4 km in surface dimension. Over the past two years Imperial has conducted a program of geological mapping, geochemical surveys, whole rock trace element studies and airborne and surface geophysical surveys over the Whiting Creek area. Numerous drill targets were identified and in July and August of 2023, Imperial completed 2,031 metres of diamond drilling on the Whiting Creek prospect. This year’s drilling targeted an underexplored area called Creek Zone West located 450 metres west of Creek Zone drill hole WC2016-02, which intersected 222.5 metres at 0.309% copper, 0.017% molybdenum and 1.18 g/t silver in 2016. Drilling at Creek Zone West targeted overlapping geophysical and geochemical anomalies, and the northwestern covered contact between the Whiting Creek Stock and the surrounding Telkwa Formation volcanics. Hole CW-23-01B was drilled at 225° azimuth and a dip of -50° to a final depth of 408 metres. Veined and altered andesite volcanic and intrusive rocks associated with the Whiting Creek Stock were the primary lithologies encountered. Numerous mafic to intermediate post mineral dykes crosscut all lithologies in a northwest to southeast trend following a prominent structural trend on the property. Copper, molybdenum, and silver mineralization occurs throughout hole CW-23-01B within every lithology except the post mineral dykes. Higher grade copper mineralization is concentrated in the veined and altered andesite volcanics. The hole intersected 316.8 metres grading 0.23% copper, 0.008% molybdenum and 0.89 g/t silver from 67.4 metres, including 52.6 metres grading 0.45% copper 0.006% molybdenum and 1.29 g/t silver starting from the top of bedrock at a depth of 67.4 metres to 120 metres and 37.5 metres of 0.32% copper, 0.005% molybdenum and 1.72 g/t silver from 320.0 metres to 357.5 metres. The highest-grade section, from 67.4 metres to 120 metres, was extremely fractured and contained chalcocite coatings on pyrite-chalcopyrite bearing veins along fracture planes, which may reflect a zone of supergene enrichment. While historic drill holes in the Creek Zone intersected copper and molybdenum within the Whiting Creek Stock, intercepts from 2023 drilling confirm suggest that the surrounding altered volcanics can host significant mineralization. This is an important discovery as the highest copper concentrations and the majority of production at the Huckleberry mine has come from the altered contact volcanics. Additionally, intercepts from hole CW-23-01B identified a chalcocite enriched zone in the upper fractured rock and has expanded known copper mineralization 450 metres to the west. Whiting Creek has been targeted over several generations of exploration, with numerous geochemical, geophysical, and drill programs conducted. Prominent surface gossans have attracted attention from explorers since the early 20th century. Previous exploration has discovered promising geophysical anomalies, large copper-in-soils anomaly, and numerous significant drill intercepts in a number of zones. Announcement • Sep 01
Imperial Metals Corporation announced that it has received CAD 16.8 million in funding On August 31, 2023, Imperial Metals Corporation closed the transaction. Announcement • Jul 25
Imperial Metals Corporation Reports Red Chris Exploration Update Imperial Metals Corporation announced The Red Chris Block Cave Feasibility Study is expected to be completed in the second half of 2023. Several optimization opportunities to unlock further value are being assessed as part of the Feasibility Study including options for the initial extraction level of the first block cave and alternative plant expansion options. Newcrest is reviewing various options to offset any inflationary cost pressures on future capital expenditure and operating costs. Progress towards block cave mining is advancing with the exploration decline at 3,245 metres as of July 20, 2023, and the ventilation fans have been commissioned in the first ventilation raise. The exploration program at Red Chris is focused on the discovery of additional zones of higher-grade mineralization within the Red Chris porphyry corridor. During the quarter, there were up to four diamond drill rigs in operation, and a further 6,947 metres of drilling was completed during the quarter from 11 drill holes. At East Ridge, located adjacent to the East Zone, 85 holes have now been completed. Assay results were received for 8 holes during the quarter, with assay results from 1 hole pending. The drilling was undertaken on a nominal 100 metre by 100 metre grid to determine the footprint, understand the mineralization, geotechnical and metallurgical characteristics and to determine the extent and continuity of the higher-grade mineralization within the East Ridge. Drilling to date has tested a corridor 1,000 metres long, 450 metres wide and to a vertical extent of 1,000 metres. Mineralization remains open at depth and to the east. In March 2023, an updated East Ridge Exploration Target (“Exploration Target”), was issued with ranges from a lower case of approximately 400 million tonnes at 0.49% copper and 0.42 g/t gold for 4.2 billion pounds copper and 5.4 million ounces gold and an upper case tonnage of approximately 500 million tonnes at 0.47% copper and 0.39 g/t gold for 5.1 billion pounds copper and 6.1 million ounces gold (previously reported in the March 13, 2023 news release). The updated Exploration Target is not included in the current Mineral Resource. The potential quantity and grade of the Exploration Target is conceptual in nature. There has been insufficient exploration to estimate a Mineral Resource and it is uncertain if further exploration will result in the estimation of a Mineral Resource. The grades and tonnages in the Exploration Target are estimates based on continuity of mineralization defined by exploration diamond drilling results (previously reported including relevant sections and plans) within the Redstock Intrusive with the lower range estimate in the area with a nominal drill hole spacing of 100 metres by 100 metres and the upper range estimate extended into the area with a nominal drill hole spacing of 100 metres by 200 metres. East Ridge is outside the current Red Chris Mineral Resource estimate. Geotechnical and metallurgical studies are underway on the East Ridge with the aim to include the East Ridge in an updated Red Chris Mineral Resource estimate in 2023. A series of three diamond holes drilling from south to north, the opposite direction to most of the drilling to date, has commenced. The aim of the drilling is to assess the continuity of the mineralization and test for any bias from the original drill orientation. The results from the first hole RC875 returned an intercept of 406 metres grading 1.0% copper and 1.1g/t gold from 486 metres, that includes 248 metres grading 1.4% copper and 1.6g/t gold from 644 metres. Note that this result is a partial intercept and additional assays are pending. This result indicates continuity of the higher-grade mineralization across the vertical extent of the deposit. The south to north drilling was halted this spring due to poor access conditions. The plan is to restart this program in the upcoming winter when access conditions improve. Drilling east of the East Ridge Exploration Target returned a higher-grade intercept. Hole RC876, drilled 100 metres east of hole RC860 (previously reported in the April 26, 2023 news release), returned an interval of 274 metres grading 0.45% copper and 0.67g/t gold from 998 metres. This 274 metre intercept included higher grade intervals of 42 metres grading 1.1% copper and 1.5g/t gold from 1,080 metres, 14 metres grading 0.63% copper and 1.7g/t gold from 1,144 metres and 26 metres grading 0.5% copper and 1.1g/t gold from 1,170 metres. This intersection, located approximately 200 metres east of the Exploration Target, demonstrates the prospectivity of this area for further discoveries. This new discovery, at Far East Ridge, has the potential to become the fifth zone of mineralization along the Red Chris porphyry corridor. Follow up drilling is planned for 2024. A regional exploration program commenced during the quarter, with a program of geological mapping, and geochemical sampling on targets generated from the application of the knowledge gained from the Red Chris discoveries. Approximately 4,000 metres of growth-related drilling targeting higher-grade mineralization within the Red Chris porphyry corridor at Far West and Gully Zone is planned for the September 2023 quarter using one drill rig. Announcement • Jul 21
Imperial Metals Corporation Reports Diamond Drill Results from the Mount Polley 2023 Exploration Program Imperial Metals Corporation reported diamond drill results from the Mount Polley 2023 exploration program. A second phase of drilling was completed in June to follow up on the excellent results obtained in the first phase of drilling. Both phases were conducted in an underexplored area between the Springer and Cariboo mineralized zones. Results from five of the ten holes drilled in the second phase have been received and include a high grade interval of 115 metres grading 0.67% copper and 0.85 g/t gold from 302.5 metres in hole SD-23-175. These results continue to increase the dimensions of the Springer zone mineralization and, given the proximity to existing mining and planned pits, mineralization discovered in this area has a good potential to be converted from resource to reserve. The Springer zone contains most of the reserves in the current mine plan. All five drill holes are vertical and were collared in the current Springer pit. Drillhole SD-23 175 is a step out to the east on Section 3160N testing the continuation of Springer mineralization towards the Polley fault at depth. It intersected 0.67% copper and0.85 g/t gold over 115 metres from 302.5 metres and includes a higher-grade zone grading 1.03% copper and 1.51 g/t gold over 40.0 metres from 320 metres. This mineralization is hosted by unusually well developed skarn alteration in brecciated monzonite. It is marked by garnet-rich calc-silicate alteration and abundant magnetite reflected in the high iron content, up to 12.55% iron, and high magnetic susceptibility. Additional detailed drilling to define the dimensions of this higher-grade mineralization will be planned. All the remaining holes in this news release were targeted to expand on the successful Phase 1 drilling results, including hole SD-23-167, which intercepted 162.5 metres grading 0.50% copper and 0.52 g/t gold from 30 metres down hole. These results, which have extended the core of the main Springer Zone to the east, should allow for much of the local area to be upgraded to Indicated in the Mineral Resource block model in advance of re-optimization of the life-of-mine plan, allowing for their potential inclusion into Mineral Reserves. Mine planning optimization efforts will focus on the potential to re- sequence and improve the life-of-mine schedule by exploiting this higher-grade material sooner. A description of the location and results from each drillhole are as follows. SD-23-168 is a 35 metre step out to the west of SD-23-167 on Section 3315N. It intersected 0.49% copper and 0.53 g/t gold over 110 metres from 22.5 metres depth, as well as 0.45% copper and 0.68g/t gold over 62.5 metres from 167.5 metres depth. SD- 23-169 is a 50 metre step-out to the north-west of SD-23-167 on Section 3350N testing the northern edge of the Springer deposit in this area. It intersected 0.30% copper and 0.41 g/t gold over 70 metres from 15 metres depth, and another intersection of 0.24% copper and 0.57g/t gold over 39.5 metres from 157.5 metres depth. SD-23-170 is a 35 metre step out to the east of SD-23-167 on Section 3310N. It intersected 0.70% copper and 0.47 g/t gold over 24.4 metres from 23.9 metres depth. SD-23-171 is a 35 metre step out to the north of SD-23-167 on Section 3350N testing the northern edge of the Springer deposit in this area. It intersected 0.60% copper and 0.48 g/t gold over 16.5 metres from 6 metres depth. SD-23-175 is a 50 metre step out to the east of SD-23-163 on Section 3160N. It intersected 0.67% copper and 0.85 g/t gold over 115 metres from 302.5 metres and includes a higher-grade zone grading 1.03% copper and 1.51 g/t gold over 40 metres from 320 metres depth. Jim Miller-Tait, P.Geo., Imperial's VP Exploration, has reviewed this news release as the designated Qualified Person as defined by National Instrument 43-101 for the Mount Polley exploration program. Samples reported were analysed at Bureau Veritas Mineral Laboratories in Vancouver. A full QA/QC program using blanks, standards and duplicates was completed for all diamond drilling samples submitted to the labs. Significant assay intervals reported represent apparent widths. Insufficient geological information is available to confirm the geological model and true width of significant assay intervals. Announcement • Jan 25
Imperial Metals Corporation Provides Update on Red Chris Exploration Program Imperial Metals Corporation provided Update on Red Chris Exploration Program. At East Ridge, drilling continues to expand the zone, which is outside of the current Mineral Resource estimate. To date 71 holes have been completed and five are in progress. Assays were received from 12 holes during the quarter. The follow up drilling is being completed on a nominal 100 metre by 100 metre grid to determine the footprint, characterize the mineralization and to demonstrate the extent of continuity of the higher-grade mineralization. Drilling to date has tested a corridor 900 metres long, 250 metres wide and to a vertical extent of 1,000 metres. Drilling has returned the deepest higher-grade intercept at the project to date with RC857 intersecting 266 metres grading 0.57% copper and 0.43 g/t gold from 1,534 metres, including 34 metres grading 1.6% copper and 1.1 g/t gold from 1,706 metres. These results have extended the higher-grade mineralization, which remains open at depth, by a further 100 metres to a depth of more than 700 metres vertical on Section 36N. Hole RC848 drilled on Section 38N intercepted 248 metres grading 0.46% copper and 0.33 g/t gold from 1,320 metres, including 34 metres grading 0.86% Cu and 1.0 g/t gold from 1,510 metres. RC853 drilled on Section 32N intercepted 460 metres grading 0.39% copper and 0.21 g/t gold from 942 metres. All three of the above noted drill holes are the deepest holes on their respective sections and extend the East Ridge mineralization to depth. Hole RC843 intercepted 202 metres of 0.64% copper and 0.47 g/t gold from 810 metres, that included a higher grade intercept of 78 metres grading 1.0% copper and 0.83 g/t gold from 864 metres. RC843 is about 100 metres above RC745 (previously reported) and expands the zone upward on Section 37N. The intercept is approximately 700 metres below surface, making it one of the shallowest higher-grade intercepts at East Ridge. Hole RC858 collared at the western edge of the Main Zone pit, intersected 276 metres grading 0.31% copper and 0.36 g/t gold from 500 metres, including a 68 metre higher grade interval grading 0.70% copper and 0.65 g/t gold from 700 metres. This hole continues to expand the Main Zone mineralization west towards the Gully Zone. During the quarter, there were up to seven diamond drill rigs in operation at Red Chris. A further 13,854 metres of drilling has been completed during the quarter from 18 drill holes, with all drill holes intersecting mineralization. Diamond drilling continues to define the extent and continuity of this higher-grade mineralization. A further 25 diamond drill holes at minimum are planned to test and close out the target mineralization. This program is expected to be completed by the second quarter of 2023. Block Cave development continues with the exploration decline at 2,685 metres as of January 18, 2023, and the first ventilation raise bore is on schedule for completion within the first quarter of 2023. The Feasibility Study is now expected to be completed in the second half of 2023 to allow optimization opportunities to be evaluated and further defined, with no impact to the project development timeline expected. Inflation and global supply chain interruptions continue to be assessed as part of the Feasibility Study and value engineering is underway with the objective to offset inflationary cost pressures. Announcement • Mar 05
Imperial Metals Corporation, Annual General Meeting, May 26, 2021 Imperial Metals Corporation, Annual General Meeting, May 26, 2021. Announcement • Feb 24
Imperial Metals Corporation Reports Diamond Drill Results from the Final Hole of the Mount Polley 2020 Exploration Program Imperial Metals Corporation (the ‘Company’) reported diamond drill results from the final hole of the Mount Polley 2020 exploration program. Drill results from the first five holes were released February 8, 2021. A total of six drill holes, totaling 3,792 metres in length, were completed in the 2020 fourth quarter. Drill hole SD-20-162 was drilled in the Springer zone. The Springer zone contains most of the reserves in the current open pit mine plan. Historic drilling beneath the currently planned Springer pit confirmed the mineralization continues for at least 250 metres below the pit bottom. This hole was designed to fill a gap in drilling on the eastern side of the target area beneath the pit. The hole was collared on the saddle between the Springer and Cariboo pits, and drilled at an azimuth of 270° and a dip of -70° down to a total depth of 803.8 metres. Studies are underway to evaluate the potential for a bulk underground mining beneath the planned pit. The hole was successful with a number of mineralized intervals intersected, including 0.30% copper and 0.30 g/t gold over 120 metres from 225 to 345 metres, and 0.42% copper and 0.52 g/t gold over 200 metres from 372.5 to 572.5 metres. The lower intercept included a higher grade zone grading 0.57% copper and 0.64 g/t gold over 90 metres from 392.5 to 482.5 metres. Jim Miller-Tait, P.Geo., Imperial’s VP Exploration, has reviewed this news release as the designated Qualified Person as defined by National Instrument 43-101 for the Mount Polley exploration program. Samples reported were analysed at Bureau Veritas Mineral Laboratories in Vancouver. A full QA/QC program using blanks, standards and duplicates was completed for all diamond drilling samples submitted to the labs. Significant assay intervals reported represent apparent widths. Insufficient geological information is available to confirm the geological model and true width of significant assay intervals. Announcement • Feb 09
Imperial Metals Corporation Reports Results from Diamond Drilling At Its Mount Polley Mine Imperial Metals Corporation reports results from diamond drilling at its Mount Polley mine. Six drill holes totaling 3,792 metres in length were completed in the 2020 fourth quarter. The drilling campaign had two objectives. The first objective was to improve drill hole data density of mineralization near historic mining areas where the use of 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 objective 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, and 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% copper and 0.70 g/t gold over 502.5 metres from 40.0 to 542.5 metres. Two intervals with grades over 1 g/t gold were intercepted inside the longer interval, including 0.85% copper and 1.30 g/t gold over 17.5 metres from 42.5 to 60.0 metres, and 0.42% copper and 1.05 g/t gold over 180.0 metres from 180.0 to 360.0 metres. Collared on the western flank of the WX zone, drill hole WX-20-78 was designed test the continuity of the mineralization in an area of proposed underground mining. Drilled down the plunge, this hole served to confirm the continuity of this modelled higher grade target within the WX zone. The approximate dimensions of the modelled higher grade zone are 470 metres down plunge, 260 metres wide and 65 metres thick with a dip of -62°. 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% copper in drill hole C2-11-97. Both holes were successful in extending this lower gold zone. Drill hole C2-20-100 was collared on the ramp into the Cariboo pit, and was drilled 370 metres north of C2-11-97 to target the possible northern extent of the gold zone beneath historic drilling. This drill hole intercepted 0.21% copper and 0.33 g/t gold over 43.7 metres from 40.0 to 83.70 metres, along with 0.20% copper and 0.31 g/t gold over 55.0 metres from 272.5 to 327.5 metres, and 0.23% copper and 0.20 g/t gold over 34.0 metres from 425.0 to 459.0 metres. Announcement • Jan 29
Imperial Metals Corporation Provides Update on Exploration Programs Imperial Metals Corporation provided exploration update. In the 2020 fourth quarter there were up to eight diamond drill rigs in operation. A further 18,063 metres of drilling were completed from 15 drill holes. All drill holes intersected mineralization, except four which were dedicated geotechnical holes. Since August 2019, a total of 104,435 metres have been drilled from 88 drill holes. Drilling in the East zone continues to confirm the footprint of the western high grade pod with the results from step-out hole RC664, located 100 metres below RC616. Drill hole RC664 returned 338 metres grading 0.58 g/t gold and 0.51% copper from 762 metres, including 154 metres grading 0.91 g/t gold and 0.70% copper from 778 metres. Drilling to define the extent and continuity of this high grade pod within the larger footprint of the overall porphyry system is now complete and all results returned. Drilling has confirmed the potential for additional high grade mineralization south of the South Boundary Fault to the east of the East zone pit. This is a significant discovery that has the potential to expand the known area of the Red Chris Porphyry system, as the South Boundary Fault has historically been assumed to define the southern extent of mineralization. Results from RC646, which extended across the fault, returned 606 metres grading 0.37 g/t gold and 0.33% copper from 488 metres, including 70 metres grading 0.58 g/t gold and 0.51% copper from 710 metres. This interval also includes 22 metres located to the south of the fault grading 1.0 g/t
gold and 0.62% copper from 858 metres. Drilling to define the extent and continuity of this mineralization on the southern side of the South Boundary Fault is underway. Drill hole RC666, located between the Main zone pit and the Gully zone, has intersected a new zone of higher grade mineralization approximately 100 metres west of the Main zone pit. RC666 intersected 194 metres grading 0.62 g/t gold and 0.46% copper from 476 metres, including 76 metres grading 1.2 g/t gold and 0.75% copper from 592 metres. Results from RC670, which followed up historical results beneath the Main zone pit, returned 286 metres grading 0.35 g/t gold and 0.32% copper from 446 metres, including 72 metres 0.79 g/t gold and 0.57% copper from 636 metres. Drilling to define the extent and continuity of this mineralization is underway. This drilling confirms the potential for outlining additional mining areas both beneath the Main zone pit, and to the west between the Main zone pit and the Gully zone. After a holiday break, drilling restarted in January and there are currently four diamond drills operating at site. Announcement • Jan 22
Imperial Metals Corporation Reports Assay Results from the Final Two Drill Holes of the 2020 Diamond Drilling at its Huckleberry Property Imperial Metals Corporation reported assay results from the final two drill holes of the 2020 diamond drilling at its Huckleberry property. Three drill holes totaling 2,491 metres in length were completed during the 2020 third quarter. The objective of the drill program was to test the continuation of copper mineralization at depth beneath the East zone pit, which produced about 50 million tonnes of ore grading 0.55% copper between 1997 and 2007. The East zone was mined to a depth of about 200 metres. Mining to date at Huckleberry has been from two zones of mineralization, the East and Main zones, with the East zone containing the higher-grade copper mineralization. The final two drill holes, H20E-417 and H20E-418, also intercepted copper mineralization at depth below the East zone deposit. Drill hole H20E-417, a vertical hole designed to test below the eastern lobe of the East zone deposit, intercepted 0.31% copper over 112.59 metres from 127.41 to 240.00 metres, with the mineralized interval beginning below the East zone pit. Drill hole H20E-418, located 100 vertical meters deeper and approximately parallel to drill hole H20E-416, intercepted 0.33% copper over 283.00 metres from 512.00 to 795.00 metres, including 0.53% copper over 45.50 metres from 561.50 to 607.00 metres. Drill results from H20E-418 illustrate that copper mineralization continues 385.00 metres below the western lobe of the east zone pit, and 283.00 metres below historic drilling in the area. In addition, a Volterra 3-Dimensional Induced Polarization survey was conducted over the East zone to produce a geophysical signature over zones of known mineralization and enhance the geological model and ore controls. The data is currently being interpreted and will be used to locate new drill targets. Drilling results from the 2020 Huckleberry program have confirmed that copper mineralization continues to significant depths below the East zone pit and historic drilling. Additional drilling will be necessary to further define and expand the limits of the East zone copper deposit. Announcement • Dec 23
Imperial Update on 2020 Greenfield Exploration at Giant Copper and LJ Projects Imperial Metals Corporation provides an update on greenfield exploration completed in 2020 at the Giant Copper and LJ properties. The Giant Copper property is located 37 kilometres south-east of Hope. Portable packsack diamond drilling was completed on the Goldstone gold discovery. Results confirmed and extended the Goldstone gold occurrence discovered and sampled by hand trenching in 2017. Results in 2017 returned 12.8 g/t gold over a 10 metre width. This discovery is the first primary gold occurrence in the 100 year history of exploration on the property. A geological team used a portable diamond drill, and set up on the Goldstone gold outcrop, drilling 41 millimetre BQ sized core in a series of six holes. The drilling covered an area of approximately 10 square metres. The Goldstone occurrence is located 350 metres south of the historic 15-level portal, which allows for easy underground access. Announcement • Nov 10
Imperial Metals Corporation Reports Initial Results from Diamond Drilling at its Huckleberry Property Imperial Metals Corporation (the 'Company') reported initial results from diamond drilling at its Huckleberry property. The first drill hole H20E-416 intercepted 0.35% copper over 361.11 metres from 368.05 to 729.16 metres, including 0.52% copper over 99.45 metres from 368.05 to 467.50 metres. Three drill holes, totalling 2,491 metres in length, were completed during the third quarter. The objective of the drill program was to test the extent of copper mineralization beneath the historic drilling in the East zone pit which produced about 50 million tonnes of ore grading 0.55% copper between 1997 and 2007. Huckleberry has two main centers of mineralization, the Main and East zone deposits, with the East zone containing higher grade copper mineralization. H20E-416 was drilled from the south side of the East zone pit at an azimuth of 36° and a dip of minus 40° to test beneath the western lobe of the East zone pit. The results from drill hole H20E-416 confirm that copper mineralization extends 220.0 metres deeper than any of the historic drilling, and 300.0 metres below the deepest area mined in this portion of the East zone pit. Additionally, H20E-416 intersected both the granodiorite intrusion and two principal faults at depth which provide constraints on the geological and structural model at Huckleberry. The other two drill holes, H20E-417 and H20E-418, were also drilled to test the extent of copper mineralization below the East zone pit. H20E-417 was drilled vertically in the eastern lobe of the East zone pit, and H20E-418 was drilled test beneath the western lobe of the East zone pit. Assays are pending for drill holes H20E-417 and H20E-418. The drilling beneath the East zone pit was prompted by mine planning work that indicated there is significant economic potential to expand the East zone pit at current copper prices, even considering that a large portion of the pit was backfilled with tailings during historic operations. A Volterra 3-Dimensional Induced Polarization survey was completed over the East zone pit to infill a gap in data and aid in determining deep mineralized trends. The results from this survey and this initial drill program will be used to design a follow up drilling program. Prospecting approximately one kilometre east of the Huckleberry mine identified narrow quartz/carbonate veins with arsenopyrite and pyrite hosted in volcanics. Results from a grab sample of one of these narrow veins assayed 4.11 g/t gold, 0.58% copper and 31.1 g/t silver. More extensive sampling and exploration is being planned to follow up on the arsenopyrite-gold sample. Announcement • Oct 29
Imperial Metals Corporation Announces Results from the East Zone Drilling Program Imperial Metals Corporation announced results from the East Zone drilling program continue to confirm the presence of multiple discrete high grade pods of mineralization. Infill resource definition hole RC634 returned 514 metres grading 1.3 g/t gold and 0.77% copper from 650 metres, including 166 metres^^ grading 3.0 g/t gold and 1.5% copper from 806 metres. Hole RC638 returned 488 metres grading 0.61 g/t gold and 0.50% copper from 536 metres, including 104 metres grading 1.0 g/t gold and 0.76% copper from 646 metres. A total of 86,366 metres of drilling from 69 drill holes has been completed since August 2019. Drilling during the third quarter continued to confirm the footprint of the western high grade pod, which was first intersected in RC616. Results from a program of 100 metre spaced holes, designed to confirm the lateral and vertical extent of this zone, include results from holes RC625 (previously reported) and RC637. Final results for step-out hole RC625, located 100 metres south west of RC616, returned 426 metres^^ grading 0.62 g/t gold and 0.48% copper from 640 metres, including 60 metres grading 2.2 g/t gold and 1.3% copper from 736 metres. Results continued to confirm the high grade mineralization with RC637, located 100 metres above RC625, returning 446 metres grading 0.51 g/t gold and 0.45% copper from 618 metres, including 60 metres grading 1.5 g/t gold and 1.1% copper from 694 metres. Drilling to define the extent and continuity of this high grade pod is ongoing. These discrete pods sit within the larger footprint of the overall porphyry system. The Brownfields Exploration program has been expanded with drilling underway across the East Zone, Main Zone and Gully Zone, and will follow up on historic drilling results along a 3 kilometre segment of the porphyry corridor in search for zones of mineralization which could support additional mining fronts.