Imperial Metals Corp. , has acquired four mineral claims totalling 6,834.47 hectares from Freeport-McMoRan Mineral Properties Canada Inc. for the consideration of claim assessment work expenditures and a 0.5% Net Smelter Return royalty. The acquired claims are contiguous with the Company's Sustut property which is held by [...]
Imperial Metals Corp. reports that the NI 43-101 Technical Report for Red Chris has been filed by Newcrest Mining Ltd.. A copy of the report will be available on imperialmetals.com and the Canadian Securities Administrator's "System for Electronic Document Analysis and Retrieval" . The Technical Report has been prepared in accordance with National [...]
Imperial Metals Corp. reports financial results for the three and nine months ended September 30, 2021, as summarized in this 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 Company [...]
Imperial Metals Corp. reports Red Chris metal production for the third quarter of 2021 was 17.2 million pounds copper and 15,249 ounces gold, compared to 17.6 million pounds copper and 15,451 ounces gold produced during the second quarter of 2021. Imperial's 30% portion of the third quarter production was 5.2 million pounds copper and 4,575 ounces [...]
Imperial Metals Corp. reports the highlights of the Red Chris Block Cave Pre-Feasibility Study which confirms the potential to develop a world class, low cost, long life mine. Newcrest's recently completed PFS indicates the project has an estimated 17% IRR and CAD$2.3 billion NPV over an initial 31 year mine life at prices of US$3.30 per pound [...]
Imperial Metals Corp. reports continued expansion of high grade mineralization at the newly discovered East Ridge zone at the Red Chris mine. East Ridge drill hole RC705 returned 254 metres of 1.0g/t gold and 1.1% copper from a depth of 718 metres, including 80 metres of 1.6g/t gold and 1.4% copper. This hole is located 100 metres above RC678 and [...]
Imperial Metals Corp. reports financial results for the three and six months ended June 30, 2021, as summarized in this 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 Company is the [...]
Imperial Metals Corp. reports Red Chris metal production 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 [...]
Imperial Metals Corp. is providing additional details of the Rights Offering completed June 25, 2021. To the knowledge of the Company, no person became an insider as a result of the Rights Offering. Existing insiders acquired an aggregate of 5,834,477 shares pursuant to the Basic Subscription Privilege and 1,453,337 shares pursuant to the [...]
Imperial Metals Corp. is pleased to announce the successful completion of its previously announced rights offering , which expired at 2:00 p.m. today. The Company will issue a total of 12,853,267 common shares in the Rights Offering for gross proceeds of approximately $60.4 million. The Company will issue a total of 10,992,281 common shares under [...]
Imperial Metals Corp. reports expanded high grade mineralization in the newly discovered East Ridge zone. Results from East Ridge drill hole RC688, located 100 metres east of hole RC684, returned 344 metres of 0.70 g/t gold and 0.75% copper from a depth of 776 metres including 170 metres of 1.1 g/t gold and 1.1% copper. Brian Kynoch, President of [...]
Imperial Metals Corp. reports, in accordance with the policies of the Toronto Stock Exchange, that the nominees listed in the management information circular dated April 1, 2021 were elected as directors of the Company at the Annual General Meeting of Shareholders. Results of the vote for the election of directors held at the Meeting on May 26 [...]