High Grade Intercepts At Mount Polley

VANCOUVER, BC - Imperial Metals Corporation reported results from the Southeast, Boundary and Northeast (Wight pit) zones from ongoing exploration at its Mount Polley property. Drilling at all three areas has returned intervals of high grade copper-gold mineralization.
In the Pond zone area, drill hole PZ08-22 was drilled to test the down dip extent of the skarn(1) mineralization present in this portion of the Southeast zone. PZ08-22 intersected 75.6 metres grading 1.16% copper, 0.42 g/t gold and 11.70 g/t silver, but of even more significance, it encountered an 8.1 metre section grading 6.07% copper, 1.26 g/t gold and 67.32 g/t silver. This is the highest grade and most southerly mineralized intersection in the area of skarn(1) mineralization.
Exploratory drilling was also successful in discovery, definition and expansion of high grade copper-gold mineralization in the Boundary zone. Drilling on the main magnetite breccia provided rewarding results with drill hole ND08-51 returning 64.5 metres grading 1.42% copper and 1.55 g/t gold. ND08-54 intercepted 32.1 metres grading 0.50% copper and 0.81 g/t gold on the northern edge of the Boundary zone, and hit a deeper zone of 38.0 metres grading 2.16% copper and 1.60 g/t gold including a higher grade section of 15.0 metres grading 3.89% copper and 2.56 g/t gold. ND08-56, located 150 metres east of the main magnetite breccia at the Boundary zone, was designed to test the area between the Wight pit and the Boundary zone. This hole yielded a high grade intercept of 13.7 metres of 4.29% copper and 1.42 g/t gold.
At the Wight pit, exploration drilling in the southeast corner of the pit resulted in several high grade intersections in the pit wall including WB08-246 which returned 27.0 metres grading 3.57% copper, 1.11 g/t gold and 33.70 g/t silver. This drill program was designed to test a previously known but inadequately drilled area known as the Kidney zone. In another of these holes, WB08-251 returned 15.0 metres grading 3.24% copper, 0.25 g/t gold and 29.13 g/t silver. With these new intercepts in the Kidney zone, it is expected this high grade area, immediately adjacent to the planned pit wall, will be mined by wall slashing or underground extraction after the open pit resources at the Wight pit are exhausted.
The company's address is 200 - 580 Hornby Street, Vancouver, BC V6C 3B6, 604.669.8959, fax: 604.687.4030.