Drilling Continues to Extend Gold Rich WX Zone
VANCOUVER, BC - Imperial Metals Corporation reported additional significant intervals of high gold to copper ratio mineralization at the WX zone, located south of the Springer pit at the Mount Polley mine.
Hole WX10-27 drilled to the east at a dip of 60í returned 130.0 metres grading 0.45% copper and 1.21 g/t gold starting at 165.0 metres depth. This interval starts below a 75.0 metre interval grading 0.12% copper and 0.46 g/t gold starting at 50.0 metres depth. WX10-27 was collared 70 metres south of the rim of the current Springer pit design. WX mineralization continues to depth as demonstrated in drill holes WX10-22 and WX10-23, each of which intersected mineralized intervals over 150 metres starting at depths of over 300 metres down hole. These holes were collared approximately 300 metres east/southeast of WX10-27 and drilled to the west at a dip of ╨60í. Also significant is the near surface mineralization intersected in drill holes WX10-11 and WX10-18. Hole WX10-11 intersected a 67.9 metre interval starting at 17.1 metres grading 0.56% copper and 0.59 g/t gold, and WX10-18 intersected 40.5 metres of mineralization starting at 25.0 metres grading 0.70% copper and 0.50 g/t gold. The mineralization discovered in the WX zone to date has high gold to copper ratio and a low oxide copper ratio, less than 4% in the current drilling, which should enable the Mount Polley flotation concentrator to achieve good copper recoveries. With an average gold to copper ratio of 2.01 (Au g/t : Cu %) the 2010 drilling at the WX zone has one of the highest gold to copper ratios at Mount Polley. Other zones have ratios ranging from 0.53 to 2.11. The mineralization drilled at WX zone now extends over 270 metres to the south from the southern rim of the planned Springer pit and has been defined to depths up to 580 metres. Drilling at WX has totalled 13,260 metres in 27 holes and is still underway. The company's address is 200 - 580 Hornby Street, Vancouver, BC V6C 3B6, 604.669.8959, fax: 604.687.4030.