Imperial Metals Corp. reports drill results from Red Chris since the last update on July 24, 2023 and Mount Polley. At Red Chris, drill hole RC875 was drilled south to north into the East Ridge, the opposite direction to most of the drilling to date, to confirm the down-dip continuity of mineralization in the East Ridge zone. The initial results [...]
Imperial Metals Corp. reports financial results for its fiscal year ended December 31, 2023. Select Annual Financial Information Year Ended December 31 expressed in thousands, except share and per share amounts 2023 2022 2021 Operations: Total revenues $344,455 $172,797 $133,591 Net loss $ $ $ Net loss per share $ $ $ Diluted loss per share [...]
Imperial Metals Corp. reports that Newmont Corporation has updated its mineral reserves and resources estimates for the Red Chris project. The Newmont mineral reserve and resource statement for Red Chris mine will be reported in line with SEC mining reporting standards, rather than National Instrument 43-101 standards, due to Newmont's primary [...]
Imperial Metals Corp. is pleased to announce that it plans to issue unsecured non-convertible debentures , with an aggregate principal amount of up to $45,000,000 on a non-brokered private placement basis . The Debentures have a maturity date of November 1, 2025 and bear interest at a rate of 12.0% per annum, with interest paid semi-annually in [...]
Imperial Metals Corp. reports that 2023 metal production from Mount Polley was 30.145 million pounds of copper and 41,834 ounces of gold. The mine achieved the low end of its target of 30-33 million pounds for copper production and exceeded the high end of its target of 35-40 thousand ounces for gold production. Red Chris production will be [...]
Imperial Metals Corp. reports financial results for the three and nine months ended September 30, 2023, as summarized in this news release and discussed in detail in the Management's Discussion & Analysis. The Company's financial results are prepared in accordance with International Financial Reporting Standards . The reporting currency of the [...]
Imperial Metals Corp. reports 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 [...]
Imperial Metals Corp. reports quarterly copper and gold production from Mount Polley and Red Chris mines. Imperial's production for the third quarter was 12,182,493 pounds copper and 14,335 ounces gold, of which 8,056,570 pounds copper and 11,321 ounces gold were produced at Mount Polley and 4,125,923 pounds copper and 3,014 ounces gold from [...]
Imperial Metals Corp. is pleased to announce that it is planning to issue unsecured non-convertible debentures , with an aggregate principal amount of up to $20,000,000 on a non-brokered private placement basis . The Debentures have a maturity date of July 1, 2025 and bear interest at a rate of 12.0% per annum, with interest paid semi-annually in [...]
Imperial Metals Corp. reports diamond drill results for hole CW-23-01B, 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 [...]
Imperial Metals Corp. is pleased to announce that it has closed its previously announced non-brokered private placement of 7,000,000 common shares of the Company at a price of $2.40 per Share for gross proceeds of $16,800,000 . The proceeds from the Private Placement are intended to be used to fund the operation and development at the Company's Red [...]
Imperial Metals Corp. is pleased to announce a non-brokered private placement of up to 7,000,000 common shares of the Company at a price of $2.40 per Share for gross proceeds of up to $16,800,000 . The proceeds from the Private Placement are intended to be used to fund the operation and development at the Company's Red Chris mine and for general [...]
