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Press Release - MINING COM
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Imperial Reports Second Quarter 2021 Financial Results
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Cautionary Note Regarding Forward-Looking Statements
Certain information contained in this news release are not statements of historical fact and are “forward-looking” statements. Forward-looking statements relate to future events or future performance and reflect Company management’s expectations or beliefs regarding future events and include, but are not limited to, statements regarding the Company’s intentions with respect to the Bid, the purchases and funding of such purchases thereunder and the use of any shares acquired under the Bid.
In certain cases, forward-looking statements can be identified by the use of words such as “plans”, “expects” or “does not expect”, “is expected”, “outlook”, “budget”, “scheduled”, “estimates”, “forecasts”, “intends”, “anticipates” or “does not anticipate”, or “believes”, or variations of such words and phrases or statements that certain actions, events or results “may”, “could”
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.
Red Chris Exploration Intersects High Grade Mineralization to the South
Nachrichtenquelle: globenewswire | 10.12.2020, 00:04 | 126 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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