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Imperial Metals Drilling Intersects 502.5 Metres Grading 0.70 g/t Gold and 0.33% Copper at Mount Polley
VANCOUVER, British Columbia, Feb. 08, 2021 (GLOBE NEWSWIRE) -- Imperial Metals Corporation (the “Company”) (TSX:III) reports results from diamond drilling at it
About this update from Imperial Metals Corporation
[{"type":"text","content":" VANCOUVER, British Columbia, Feb. 08, 2021 (GLOBE NEWSWIRE) -- Imperial Metals Corporation (the “Company”) (TSX:III) 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 underground mining is being considered. Assays are pending for one hole drilled beneath the Springer pit that targeted one of the potential underground mining areas. The second objective was to drill new geophysical and geochemical anomalies outlined by recent surveys in the Trio Creek area located north and northwest of the mine. Significant intercepts: Hole ID From (m) To (m) Width (m) Copper (%) Gold (g/t) WX-20-78 40.0 542.5 502.5 0.33 0.70 including 42.5 60.0 17.5 0.85 1.30 including 180.0 360.0 180.0 0.42 1.05 C2-20-100 40.0 83.7 43.7 0.21 0.33 and 272.5 327.5 55.0 0.20 0.31 and 425.0 459.0 34.0 0.23 0.20 C2-20-101 40.0 105.0 65.0 0.28 0.35 and 281.3 292.5 11.2 0.66 0.74 and 397.5 437.5 40.0 0.27 0.37 WX Zone The WX zone, the most recent major discovery (2009) at Mount Polley, is located south of the Springer pit, and is noted for its high gold grades and high gold/copper ratio mineralization. Drill hole WX-20-78, which was the only hole in this program to test the WX zone, intercepted 0.33% copper and 0.70 g/t gold over 502.5 metres from 40.0 to 542.5 metres. Two intervals with grades over 1 g/t gold were intercepted inside the longer interval, including 0.85% copper and 1.30 g/t gold over 17.5 metres from 42.5 to 60.0 metres, and 0.42% copper and 1.05 g/t gold over 180.0 metres from 180.0 to 360.0 metres. Collared on the western flank of the WX zone, drill hole WX-20-78 was designed test the continuity of the mineralization in an area of proposed underground mining. Drilled down the plunge, this hole served to confirm the continuity of this modelled higher grade target within the WX zone. The approximate dimensions of the modelled higher grade zone are 470 metres down plunge, 260 metres wide and 65 metres thick with a dip of -62°. C2 Zone The C2 zone is located south of the Cariboo pit. Two holes were drilled to test a zone of higher gold grade along the Polley fault at depth. His...