Vancouver, BC - December 10, 2009 - Imperial Metals Corporation (TSX:III) reports results from the remaining portions of the sixth and seventh drill holes of the 2009 deep drilling program at the Red Chris copper/gold property in northwest British Columbia.
Drill hole RC09-350 previously reported the highest grade intercepted at Red Chris to date [NR Nov 09/09: RC09-350 returned 152.5 metres grading 4.12% copper and 8.83 g/t gold starting at a depth of 540.0 metres]. The higher grade material extends to 962.5 metres and averages 2.00% copper and 3.80 g/t gold over 432.5 metres. With all intervals assayed, drill hole RC09-349 intercepted 625.3 metres of 0.82% copper and 0.93 g/t gold starting at 390.0 metres depth.
The significant intervals encountered in holes RC09-349 and RC09-350 are shown below.
Drill Hole #
§
Zone
§
Total
Length (m)
§
Interval
from (m)
§
Interval
To (m)
§
Interval
Length (m)
§
Copper
%
§
Gold
g/t
§
Silver
g/t
RC09-349
§
East
§
1150.6
§
390.0
§
1015.3
§
625.3
§
0.82
§
0.93
§
1.11
§
§
§
545.0
§
582.5
§
37.5
§
1.51
§
1.89
§
1.54
§
§
§
*866.6
§
919.9
§
53.3
§
1.83
§
2.62
§
2.60
RC09-350
§
East
§
1477.4
§
420.0
§
1067.5
§
647.5
§
1.50
§
2.68
§
3.22
§
§
§
530.0
§
962.5
§
432.5
§
2.00
§
3.80
§
4.42
§
§
§
*540.0
§
692.5
§
152.5
§
4.12
§
8.83
§
10.46
§
§
§
692.5
§
962.5
§
270.0
§
0.83
§
1.02
§
1.12
* results released November 9, 2009
The 2009 drill program is being temporarily suspended for a seasonal break and will resume in early 2010. Drill holes RC09-353 and RC09-354 are in progress at the time of this release.
Steve Robertson, PGeo. is the Qualified Person as defined by National Instrument 43-101 for the exploration program at Red Chris. Samples for the diamond drilling reported at Red Chris were analyzed at Acme Analytical Laboratories in Vancouver. A full QA/QC program using blanks, standards and duplicates was maintained for all samples submitted to the labs. The deeper portion of the Red Chris porphyry mineralization is in the early stage of exploration and may be irregular in shape so true thicknesses have not been estimated. A drill plan and cross section will be available on the Company's website.
The Red Chris property in northern British Columbia is situated 18 kilometres southeast of the village of Iskut. Access to the property from pavement at Highway 37 is six kilometres along the Ealue Lake Road, and 17 kilometres along the newly constructed Red Chris access road.
Imperial is a mine development and operating company based in Vancouver, British Columbia. The Company's key properties are the Mount Polley open pit copper/gold producing mine in central British Columbia, the Huckleberry open pit copper/molybdenum producing mine in northern British Columbia, the development stage Red Chris copper/gold property in northwest British Columbia, and the development stage Sterling gold property in southwest Nevada.
Drill hole RC09-350 previously reported the highest grade intercepted at Red Chris to date [NR Nov 09/09: RC09-350 returned 152.5 metres grading 4.12% copper and 8.83 g/t gold starting at a depth of 540.0 metres]. The higher grade material extends to 962.5 metres and averages 2.00% copper and 3.80 g/t gold over 432.5 metres. With all intervals assayed, drill hole RC09-349 intercepted 625.3 metres of 0.82% copper and 0.93 g/t gold starting at 390.0 metres depth.
The significant intervals encountered in holes RC09-349 and RC09-350 are shown below.
Drill Hole #
§
Zone
§
Total
Length (m)
§
Interval
from (m)
§
Interval
To (m)
§
Interval
Length (m)
§
Copper
%
§
Gold
g/t
§
Silver
g/t
RC09-349
§
East
§
1150.6
§
390.0
§
1015.3
§
625.3
§
0.82
§
0.93
§
1.11
§
§
§
545.0
§
582.5
§
37.5
§
1.51
§
1.89
§
1.54
§
§
§
*866.6
§
919.9
§
53.3
§
1.83
§
2.62
§
2.60
RC09-350
§
East
§
1477.4
§
420.0
§
1067.5
§
647.5
§
1.50
§
2.68
§
3.22
§
§
§
530.0
§
962.5
§
432.5
§
2.00
§
3.80
§
4.42
§
§
§
*540.0
§
692.5
§
152.5
§
4.12
§
8.83
§
10.46
§
§
§
692.5
§
962.5
§
270.0
§
0.83
§
1.02
§
1.12
* results released November 9, 2009
The 2009 drill program is being temporarily suspended for a seasonal break and will resume in early 2010. Drill holes RC09-353 and RC09-354 are in progress at the time of this release.
Steve Robertson, PGeo. is the Qualified Person as defined by National Instrument 43-101 for the exploration program at Red Chris. Samples for the diamond drilling reported at Red Chris were analyzed at Acme Analytical Laboratories in Vancouver. A full QA/QC program using blanks, standards and duplicates was maintained for all samples submitted to the labs. The deeper portion of the Red Chris porphyry mineralization is in the early stage of exploration and may be irregular in shape so true thicknesses have not been estimated. A drill plan and cross section will be available on the Company's website.
The Red Chris property in northern British Columbia is situated 18 kilometres southeast of the village of Iskut. Access to the property from pavement at Highway 37 is six kilometres along the Ealue Lake Road, and 17 kilometres along the newly constructed Red Chris access road.
Imperial is a mine development and operating company based in Vancouver, British Columbia. The Company's key properties are the Mount Polley open pit copper/gold producing mine in central British Columbia, the Huckleberry open pit copper/molybdenum producing mine in northern British Columbia, the development stage Red Chris copper/gold property in northwest British Columbia, and the development stage Sterling gold property in southwest Nevada.
