Deep Drilling at Red Chris Intersects Mineralization
VANCOUVER, BC - Imperial Metals Corporation reported Gully zone exploration drilling results indicate the mineralized system extends at least one kilometre west of the current Red Chris project pit design. Results from three diamond drill holes, totalling 3,248 metres, represent the first significant deep drilling step out from the proposed open pit since Imperial acquired the property in 2007. Imperial President Brian Kynoch stated, "Recent results from the Gully zone support our belief that the exploration potential at Red Chris beyond the Main and East zones is very significant."
The longest mineralized intercept came from drill hole RC11-477 which returned 807.5 metres grading 0.31% copper and 0.29 g/t gold, including 427.5 metres of 0.39% copper and 0.35 g/t gold. Imperial's geologists noted the presence of many strongly mineralized quartz fragments within the heavily brecciated and altered sequence intersected in RC11-477, possibly indicating a nearby fluid source such as the one discovered in the deep East zone. Drill hole RC11-539 intercepted similar mineralization returning 587.1 metres grading 0.41% copper and 0.41 g/t gold.