Imperial Metals Corporation · TSX:III
Imperial Metals — Investor Presentation (June 2021)
26 slides from Imperial Metals's investor presentation, June 2021
Slide 1: Imperial Metals June 2021
Imperial June 2021 us Metals TSX : Ill
Slide 2: Cautionary Note | Forward-Looking Information
Cautionary Note | Forward-Looking Information Certain statements in this presentation may constitute forward-looking information within the meaning of Canadian securities laws. Other than statements of historical facts, statements which address estimated mineral resource and reserve quantities, grad
Slide 3: Imperial | Projects
Imperial Imperial | Projects Admits : i chad -< ge es a) Sp “ operate «'Smithers: Huckleberry Mine Prince George « t Polley Mine « ~~ Williams Lake ©
Slide 4: Red Chris Mine | Mineral Endowment
Red Chris Mine | Mineral Endowment • Red Chris exhibits Cadia-like porphyry geology. • Drilling has confirmed the potential for additional high grade mineralization in the East Ridge area. • This significant discovery is expanding Red Chris Porphyry system to the east, and for the first time uncover
Slide 5: Red Chris Mine | Current Drilling
Red Chris Mine | Current Drilling Drilling with eight drills • three on East Ridge target, • three on High Grade Pod infill, • two gathering geotechnical info for block cave PFS. 5
Slide 6: Red Chris Mine | Cross Section: East Zone
Red Chris Mine | Cross Section: East Zone Schematic cross section showing Newcrest and Imperial drill holes in the East Zone. Virtually all mineralized intercepts occur on the north side of the South Boundary Fault. 6
Slide 7: Red Chris Mine | Cross Section: East Ridge
Red Chris Mine | Cross Section: East Ridge 1 • Schematic cross section of hole RC678 in the East Ridge area, showing mineralization on the south side of the South Boundary Fault. The South Boundary Fault is a major fault and the drilling in the East Ridge has discovered for the first-time high-grade
Slide 8: Red Chris Mine | Cross Section: East Ridge
Red Chris Mine | Cross Section: East Ridge 2 • Schematic cross section of hole RC688 in the East Ridge area, showing mineralization on the south side of the South Boundary Fault. The hole was drilled 100 metres east of hole RC678, extending mineralization further east. • RC688: 344 metres @ 0.70g/t
Slide 9: Red Chris Mine | Pre-Feasibility Study
Red Chris Mine | Pre-Feasibility Study Pre-Feasibility Study on development of a block cave mine at Red Chris expected to be delivered by the end of September 2021, we expect work on a Feasibility study of the project to begin thereafter. Portal Site 9
Slide 10: Red Chris Mine | Early Mining High Grade Pods
Red Chris Mine | Early Mining High Grade Pods East Zone High Grade Pod • Discovered in 2009, with drilling of hole RC09-350 in the East Zone which intercepted 152.5 metres grading 4.12% Cu and 8.83g/t Au starting at a depth of 540 metres • This zone could provide for “early mining” (mining before th
Slide 11: Red Chris Mine | Planned Underground Development
Red Chris Mine | Planned Underground Development Plant Site Tailings Impoundment Area Exploration Decline Exploration Underground Portal drill drift Open Pit 11
Slide 12: Red Chris Mine | Underground Development
Red Chris Mine | Underground Development Portal site construction underway 12
Slide 13: Red Chris Mine | JV Acquisition of GJ Property
Red Chris Mine | JV Acquisition of GJ Property “We are excited to announce this acquisition and look forward to working with our Joint Venture partner to explore this property given its proximity to the Red Chris mine infrastructure and its geological similarity to Red Chris.” said Brian Kynoch, Pre
Slide 14: Mount Polley | Reopening
Mount Polley | Reopening The proposed mine consists of a conventional truck-shovel open pit mine with a small underground component, with conventional crushing, grinding and flotation technology to process about 7 million tonnes of ore per year. During this plan approximately 280 million pounds of c
Slide 15: Mount Polley | Reopening
Mount Polley | Reopening Section 3300N ringer 5 Pit Springer 6 Pit ™ 1200 — 1100 — 900 — 800 — 700 — Imperial Metals 15
Slide 16: Mount Polley | Reopening
Mount Polley | Reopening N Meee 1300 — 1200 - Mount Polley Main Zone Long Section (az 162) 1000 — 900 - 800 - 700 - 16
Slide 17: Mount Polley | Conceptual Block Cave
Mount Polley | Conceptual Block Cave • A conceptual study of block cave mining beneath the Springer pit has been completed. • The outcome of the study indicates that further work should be completed and that it may be a way to extend the life of the mine. • The study assumed conveyors would be used
Slide 18: Mount Polley | 2020 Brownfield Drilling
Mount Polley | 2020 Brownfield Drilling • The next two slides show two of the near- mine diamond drill holes completed at Mount Polley last year. • The two holes, one in the Springer Pit area and one in the WX Pit area are shown on this plan 18
Slide 19: Mount Polley | 2020 Drilling
Mount Polley | 2020 Drilling • Drillhole SD-20-162, was one of the holes drilled last year. • It was drilled from the saddle between the Cariboo and Springer pits and was successful in intercepting copper and gold mineralization in and beneath both the open pit and the potential underground mining t
Slide 20: Mount Polley | 2020 Drilling
Mount Polley | 2020 Drilling • In the WX Pit area, hole WX-20-78 was drilled to test the continuity of the higher- grade zone in the WX. • It was successful and yielded an intercept of continuous gold-copper mineralization as the modelling had predicted. • The WX Zone has one of the highest gold to
Slide 21: Huckleberry | LOM Plan Highlights
Huckleberry | LOM Plan Highlights • Completion of Main Zone Optimization plan that was suspended when Huckleberry was put on care and maintenance. • Annual mill throughput of approximately 7 million tonnes per year for about 7 years. • Copper head grade delivered to the mill over the period is plann
Slide 22: Huckleberry | Near Mine Exploration Targets
Huckleberry | Near Mine Exploration Targets West Main Zone Target • Several drill holes at various orientations with ore-grade intercepts adjacent to Main Zone Northeast Target stock (probable Main Zone ore • 91m @ 0.287% Cu in 2004 drill hole 04- source) 287 • 72m @ 0.338% Cu in historical • Target
Slide 23: Huckleberry | 2020 Deep East Zone Drilling
Huckleberry |2020 Deep East Zone Drilling • Small three hole drill program to test the East zone at depth conducted in 2020 • Drilling shown in plan on this slide 23
Slide 24: Huckleberry | 2020 Deep East Zone Drilling
Huckleberry |2020 Deep East Zone Drilling • Cross section showing two of the holes drilled beneath the East zone pit last year. • Mineralized zone continues to depth. • Excellent potential to continue to expand the mineral resource at Huckleberry, both beneath and adjacent to the historic mining are
Slide 25: Diverse Project Portfolio
Diverse Project Portfolio 1 Red Chris (30%) Operating Mine 2 Mount Polley/Huckleberry Reserve/Permitted Mine on Care and Maintenance 6 Cat Face/Giant Copper/Sustut/Ruddock Resource Drilling/Pre-Feasibility 4 Fandora Exploration Drilling 15 Lj/Wasi Grassroots Exploration 28 06 Total Projects 14 Royal
Slide 26: Sterling | Royalty Retained
Sterling |Royalty Retained • 2% NSR royalty in an area of active exploration activity, Coeur has option to buy back 50% of the NSR royalty for $US7.5 million • Coeur, in a recent exploration update, stated, “New drill results at Crown demonstrate meaningful resource growth potential at the Daisy, Se