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Imperial Reports 2020 Financial Results

Imperial Reports 2020 Financial Results
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Imperial Acquires 30% Interest in the GJ Property

Imperial Acquires 30% Interest in the GJ Property
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Imperial Provides Update on Red Chris 2020 Production and Exploration Programs

Imperial Provides Update on Red Chris 2020 Production and Exploration Programs
VANCOUVER, British Columbia, Jan. 27, 2021
Imperial Metals Corporation (the “Company”) (TSX:III) reports that the total 2020 metals production for the Red Chris mine was 88.3 million pounds copper and 73,787 ounces gold. Copper and gold production increased 22.9% and 102.9% respectfully, compared to 71.9 million pounds copper and 36,471 ounces gold produced in 2019. The increased 2020 metal production was driven mainly by higher grades, with the copper grade up 28% and the gold grade up 84% from 2019 levels. Gold recovery increased substantially from 44.5% in 2019 to 54.2% in 2020. Mill throughput for the year decreased about 11% with the rate averaging 25,634 tonnes per day. ....

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Imperial Update on 2020 Greenfield Exploration at Giant Copper and LJ Projects

11.76
The Goldstone discovery is hosted by a Breccia within the Early to Middle Jurassic Ladner Group. The Ladner Group sits unconformably to the east of the Early Jurassic Hozameen Group, separated by the Hozameen fault. The Ladner Group is distinguished from the other sediments by its rusty appearance on weathered surfaces due to its relatively high pyrite content. The tourmaline breccia pipes, which host the historic copper/silver/gold mineralization at the Giant Copper property, are all confined to the Ladner Group. Significant assay intervals reported represent apparent widths. Insufficient geological information is available to confirm the geological model and true width of significant assay intervals. ....

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Red Chris Exploration Intersects High Grade Mineralization to the South

Red Chris Exploration Intersects High Grade Mineralization to the South
Nachrichtenquelle: globenewswire
| 10.12.2020, 00:04 |
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VANCOUVER, British Columbia, Dec. 09, 2020 (GLOBE NEWSWIRE)
Imperial Metals Corporation (the “Company”) (TSX:III) reports on the exploration program focused on the discovery of
additional zones of higher grade mineralization within the Red Chris porphyry corridor.
Eight drill holes totaling 12,652 metres have been completed since September. All drill holes intersected mineralization, except two that were dedicated geotechnical holes. A total of 99,018 metres
of drilling from 77 drill holes has been completed since August 2019.
At the East Zone, drilling has confirmed the potential for additional high grade mineralization south of the South Boundary Fault. This is a significant discovery that has the potential to expand ....

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