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Imperial Metals: Red Chris Exploration and Mount Polley Update
VANCOUVER, British Columbia, Dec. 08, 2021 (GLOBE NEWSWIRE) -- Imperial Metals Corporation (the “Company”) (TSX:III) reports further drilling results continue t
About this update from Imperial Metals Corporation
[{"type":"text","content":" VANCOUVER, British Columbia, Dec. 08, 2021 (GLOBE NEWSWIRE) -- Imperial Metals Corporation (the “Company”) (TSX:III) reports further drilling results continue to expand the mineralization at the East Ridge zone at the Red Chris mine. Hole RC739 returned 390 metres at 0.48% copper and 0.63 g/t gold from 1,088 metres, including 44 metres at 1.3% copper and 2.0 g/t gold from 1,402 metres. This hole is located 100 metres east of RC727 (previously reported). Hole RC745 located a further 100 metres east of RC739, returned 366 metres of 0.57% copper and 0.45 g/t gold from 728 metres, including 36 metres at 1.2% copper and 1.4 g/t gold from 960 metres. The mineralization at East Ridge is open to the east and at depth with ongoing drilling to define the extents. Brian Kynoch, President of Imperial Metals, said, “The East Ridge zone is well located, as the exploration ramp being driven to access the top of the deep East Zone is about 200 metres to the north of the East Ridge zone and could provide access for both underground drilling and potentially underground development. Drilling continues to expand the zone, with drillhole RC739 located 100 metres east of RC727 returning 390 metres grading 0.48% copper and 0.63 g/t gold, including a 44 metre interval grading 1.3% copper and 2.0 g/t gold.” Red Chris - Significant results since the September 2021 Quarterly Exploration Report: Hole ID From (m) To (m) Width (m) Copper (%) Gold (g/t) RC735 888 1128 240 0.53 0.49 including 1012 1114 102 0.59 0.82 including 1068 1092 24 0.68 1.4 RC739 1088 1478 390 0.48 0.63 including 1302 1372 70 0.49 0.68 including 1402 1446 44 1.3 2.0 RC745 728 1094 366 0.57 0.45 including 958 1016 58 1.0 1.1 including 960 996 36 1.2 1.4 RC747 706 1012 306 0.39 0.28 including 880 926 46 0.86 0.77 including 896 916 20 1.2 1.1 The East Ridge zone, located in the porphyry corridor about 300 metres along strike east of the East Zone, is outside of the current Mineral Resource estimate. The drilling has confirmed continuity of the East Ridge zone mineralization (>0.4% copper and >0.4 g/t gold) over dimensions of 600 metre high, 500 metre long and 125 metre wide, and with the higher grade (>0.8% copper and >0.8 g/t gold) over 500 metre&nb...