Imperial Reports Red Chris Production and Exp

Imperial Reports Red Chris Production and Exploration Update for 2021 Second Quarter


VANCOUVER, British Columbia, July 21, 2021 (GLOBE NEWSWIRE) --
Imperial Metals Corporation (the “Company”) (TSX:III) reports Red Chris metal production (100%) for the second
quarter of 2021 was 17.6 million pounds copper and 15,451 ounces gold, compared to 15.9 million pounds copper and 15,850 ounces gold produced during the first quarter of 2021. Improved throughput
and recovery for the quarter were offset by lower head grades of 0.40% copper and 0.35 g/t gold compared to 0.43% copper and 0.42g/t gold in the first quarter. Imperial’s 30% portion of the first
quarter production was 5.3 million pounds copper and 4,635 ounces gold.
The newly installed cleaner column was commissioned during the quarter and is now operating. Early results have shown improved gold recovery over results prior to the installation of this cleaner

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