Imperial Metals Corp. reports financial results for the three and six months ended June 30, 2020, as summarized in this release and discussed in detail in the Management’s Discussion & Analysis. The Company’s financial results are prepared in accordance with International Financial Reporting Standards. The reporting currency of the Company is the Canadian Dollar. QUARTER HIGHLIGHTS FINANCIAL On February 20, 2019, the [...]
Imperial Metals Corp. reports Red Chris metal production for the second quarter of 2020 was 26.5 million pounds copper and 22,057 ounces gold, up from 22.5 million pounds copper and 17,427 ounces gold in the 2020 first quarter. Imperial’s 30% portion of Red Chris second quarter production was 7.9 million pounds copper and 6,617 ounces gold. Newcrest Red Chris Mining Limited is operator of the Red Chris Joint Venture . Red [...]
Imperial Metals Corp. announces the retirement of Andre Deepwell as Chief Financial Officer and Corporate Secretary of Imperial and its subsidiaries. Andre served as a highly valued and respected member of the Imperial team, and dedicated the past 35 years to managing the Company's financial and tax reporting, financings, mergers, acquisitions and divestitures with an extraordinarily calm and steady hand. Said Brian [...]
Imperial Metals Corp. reports on the exploration drill programs at Red Chris mine conducted by Newcrest Red Chris Mining Limited, operator of the Red Chris Joint Venture . This follow up drilling continues to confirm the continuity of a discrete ‘pod’ of high grade mineralization in the vicinity of RC09-350 and RC611. Drill hole RC623, drilled to intersect the high grade pod 100 metres above RC611, intersected 232 metres [...]
Imperial Metals Corp. reports, in accordance with the policies of the Toronto Stock Exchange, that the nominees listed in the management information circular dated April 6, 2020 were elected as directors of the Company at the Annual General Meeting of Shareholders. Results of the vote for the election of directors held at the Meeting on May 27, 2020 in Vancouver, British Columbia are: Nominee Votes in Favor % Votes [...]
Imperial Metals Corp. reports financial results for the three months ended March 31, 2020, as summarized in this release and discussed in detail in the Management’s Discussion & Analysis. The Company’s financial results are prepared in accordance with International Financial Reporting Standards. The reporting currency of the Company is the Canadian Dollar. QUARTER HIGHLIGHTS FINANCIAL On February 20, 2019 the Company [...]
Imperial Metals Corp. reports Red Chris metal production for the first quarter of 2020 was 22.5 million pounds copper and 17,427 ounces gold, up from 21.7 million pounds copper and 12,155 ounces gold in the fourth quarter of 2019. Imperial’s 30% portion of the first quarter production was 6.7 million pounds copper and 5,228 ounces gold. Exploration Update Two drilling programs are underway at Red Chris. The East Zone [...]
Imperial Metals Corp. announces the Toronto Stock Exchange has accepted the Company’s Notice of Intention to make a Normal Course Issuer Bid to be transacted through the facilities of the TSX or alternative Canadian market places. Pursuant to the Bid, the Company may purchase up to 642,451 common shares, which represents 0.50% of the total 128,490,174 common shares of the Company issued and outstanding as of April 24 [...]
Imperial Metals Corp. reports financial results for its fiscal year ended December 31, 2019. Select Annual Financial Information Years Ended December 31 expressed in thousands, except share and per share amounts 2019 2018 2017 Continuing Operations: Total revenues $ 71,823 $ 104,437 $ 164,021 Net income $ $ $ 42,891 Net income per share $ $ $ 0.45 Diluted income per share $ $ $ 0.45 Adjusted net loss $ $ $ Adjusted net [...]
Imperial Metals Corp. reports partial results from a drill hole located in the deep East zone at the Red Chris mine, and updates on drill programs by Newcrest, operator of the Red Chris Joint Venture. There are two drilling campaigns presently underway at Red Chris. The first is the East Zone Resource Definition Programme which is designed to obtain geological, geotechnical and metallurgical data to support future studies [...]
Imperial Metals Corp. reports the 2019 metals production at the Red Chris mine was 71.9 million pounds copper, 36,471 ounces gold, and 133,879 ounces silver. Red Chris production for the fourth quarter of 2019 was 21.7 million pounds copper, 12,155 ounces gold, and 45,508 ounces silver. These results represent 100% of production at Red Chris. All metals production increased in the fourth quarter compared to the third [...]
Imperial Metals Corp. reports results from the 2019 diamond drill program completed at the Ruddock Creek Project. The program consisted of 17 drill holes totaling 8,802.1 metres targeting the V Zone and the Q Zone . Drilling was conducted from a combination of helicopter support and road accessible drill pads. Highlights include drill hole RD-19-V54 which intersected 40.9 metres grading 16.83% zinc, 3.46% lead and 4.74 [...]