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Drill
Program Underway at Nak Property
SEPTEMBER
2, 2003
Follow
up on the results of a successful first phase of exploration conducted in
July, Imperial Metals Corporation has commenced a 1,200 metre diamond
drill program at the Nak property located near Atlin, British Columbia.
Two
new zones of copper mineralization were identified: the Box Lake showing
southeast, and the Jennusty showing northwest of the initial Joss'alun
discovery. Drilling will be mainly focused on the Joss'alun and Jennusty
showings. High priority soil geochemistry anomalies along the strike of
known mineralization will also be drilled. Grab samples at the Jennusty
mineralization graded up to 4.49% copper.
Stephen Robertson, a Qualified Person as defined by National Instrument 43-101, supervised the preparation of the technical information. Samples were analyzed by Acme Analytical Laboratories Ltd. in Vancouver.
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Imperial Raises $1.4 Million. |
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FEBRUARY 17, 2003, Imperial Metals Corporation has grossed £1.4m from the Rights Offering announced December 23, 2002. Proceeds from the Offering will be used primarily to finance exploration of the 144 Zone at the 1.4 ha Sterling gold mine located near Beatty, Nevada, 185 kilometers northwest of Las Vegas. Sterling was operated as an open pit and underground mine
from 1980 to 1997. Gold was
recovered using heap leach methods and the total production was 194,996
troy ounces from 941,341 short tons of ore with an average grade of 7.44
g/t (0.217 oz/t) gold. |
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Imperial Management Changes |
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JANUARY 21, 2003, Imperial Metals Corporation has appointed J. Brian Kynoch
as President and Pierre B. Lebel as Chairman of the Board.
Brian Kynoch has held the position of Senior Vice
President and Chief Operating Officer with Imperial since 1995. His 22 years mining industry experience encompasses all
aspects of mining from exploration, mine development and property
acquisition to mine financing operations.
Brian replaces Mr. Lebel, who served as President from 1986 until
becoming Chairman. Mr. Lebel
and the Imperial Metals mining team were awarded the E.A. Scholz Medal by
the BC and Yukon Chamber of Mines in 1998 for outstanding contribution to
mine development in British Columbia. Although resigning as VP – Operations to pursue new ventures, Jack H. Miller, who was responsible for running the Hucklberry Mine, will continue to provide consulting services to Imperial. |
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Imperial Metals Corporation, Brian Kynoch, President, T: (604) 669-8959, F: (604) 687-4030, Email: info@imperialmetals.com, Website: www.imperialmetals.com |
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