Imperial Metals Corp. announces the Toronto Stock Exchange has accepted the Company's Notice of Intention to make a Normal Course Issuer Bid to be transacted through the facilities of the TSX or alternative Canadian market places. Pursuant to the Bid, the Company may purchase up to 642,632 common shares, which represents 0.5% of the total [...]
Imperial Metals Corp. reports that Newcrest Mining Ltd. has released a Mineral Resource estimate for the Red Chris mine. Red Chris is operated by Newcrest under a Joint Venture Agreement with Imperial. Since becoming operator in August 2019, Newcrest has embarked on an extensive work program to define the potential of block cave mining beneath the [...]
Imperial Metals Corp. reports financial results for its fiscal year ended December 31, 2020. Select Annual Financial Information Years Ended December 31 expressed in thousands, except share and per share amounts 2020 2019 2018 Continuing Operations: Total revenues $ 148,097 $ 71,823 $ 104,437 Net loss $ $ $ Net loss per share $ $ $ Diluted loss per [...]
Imperial Metals Corp. announces acquisition of a 30% interest in the GJ Property for $3.04 million from its Joint Venture partner Newcrest Red Chris Mining Limited . The GJ Property will be included as part of the Red Chris Joint Venture. The GJ Property includes known copper-gold porphyry mineralization and is located approximately 30 kilometres [...]
Imperial Metals Corp. reports Red Chris drilling has discovered new zones of higher grade mineralization to the south of the South Boundary Fault and east of the East zone. This is a significant development at Red Chris, as historically the South Boundary Fault was assumed to act as the limit of the Porphyry Deposit to the south and east. An [...]
Imperial Metals Corp. reports 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, totalling 3,792 metres in length, were completed in the 2020 fourth quarter. Drill hole SD-20-162 was drilled in the Springer zone [...]
Imperial Metals Corp. reports that construction has commenced on the portal site for an exploration decline into the deep East zone at Red Chris. Brian Kynoch, President of Imperial Metals said, "The beginning of work to develop an underground mine at Red Chris is a key moment in the mine's life. This is the first step in the development of an [...]
Imperial Metals Corp. reports results from diamond drilling at its Mount Polley mine. Six drill holes totalling 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 [...]
Imperial Metals Corp. 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 [...]
Imperial Metals Corp. reports 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 [...]
Imperial Metals Corp. provides an update on greenfield exploration completed in 2020 at the Giant Copper and LJ properties. Giant Copper Poly-Metallic Property: Drillhole returns 20.15 g/t gold over 3.11 metres The Giant Copper property is located 37 kilometres south-east of Hope. Portable packsack diamond drilling was completed on the Goldstone [...]
Imperial Metals Corp. 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 [...]