Discovery of Copper Mineralization in 400 Metre Step-Out Drill Hole, Four Kilometres North of the Mount Polley Mill

Core Viewpoint - Imperial Metals Corporation has reported significant mineralization discoveries at the Mount Polley mine, with notable copper and gold grades identified in a new exploration drill hole, FP-25-01, indicating potential for further exploration and resource expansion [1][3]. Exploration Results - Drill hole FP-25-01 intercepted two significant mineralized zones: - 7.0 metres grading 0.70% copper and 0.27 g/t gold starting at 383.0 metres - 20.0 metres grading 0.25% copper and 0.96 g/t gold starting at 417.5 metres [1][2]. - The hole was drilled 4.15 kilometres north of the operating Mount Polley mill and 1.2 kilometres from the previously mined Wight Pit, known for high copper grade ore [1][2]. Geological Insights - The mineralization is located 390 metres away from the nearest known mineralized hit, suggesting the potential for additional discoveries in the area [3]. - The presence of native copper in the intercept is unique and raises questions about similar mineralization styles nearby [3]. - The mineralized zones extend over a linear distance of more than 1,500 metres along an interpreted structural corridor, indicating a significant geological feature [3]. Future Exploration Potential - The extent of non-copper-gold bearing magnetite breccia below 437.5 metres suggests extensive hydrothermal activity, supporting further exploration in the surrounding area [3]. - Drilling has been suspended temporarily after the results from FP-25-01, with 16 additional drill holes previously designed to expand resources in the gold-rich C2 Zone [6]. Company Overview - Imperial Metals Corporation is based in Vancouver and operates the Mount Polley mine, along with other properties including the Huckleberry mine and the Red Chris mine [8].