Mount Polley Huckleberry

Imperial has a 50% interest in Huckleberry Mines Ltd., owner of the Huckleberry mine. Huckleberry is an open pit copper/molybdenum mine located in central British Columbia, 123 km southwest of Houston. The Huckleberry property consists of a mining lease covering approximately 1,911 hectares, and 34 mineral claims encompassing approximately 16,307 hectares. The claims and mineral leases are contiguous. Huckleberry Mines Ltd. also has an interest in three mineral claims covering 3,059 hectares on a property 8 km north of the Huckleberry mine known as Whiting Creek. Huckleberry's proven and probable reserves [Dec 31/08] were 8.37 million tones ore grading 0.362% copper and 0.005% molybdenum, with the Main Zone Extension being the only pit actively operating. In June 2009 Huckleberry Mines Ltd. Approved an extension of Huckleberry's mine plan to include the Saddle Zone resource, which will provide for mill feed to extend milling operatioins from 2010 to the end of 2011. Production in 2008 totaled 6 million tones ore milled producing 37.2 million lbs copper and over 3,000 oz gold, 245,000 oz silver and 188,000 lbs molybdenum. Planned production for 2009 includes 40 million lbs copper, 2,400 oz gold and 195,000 oz silver. [note: *50% allocable to Imperial] The Saddle Zone resource, located between the Main Zone pit and the Main Zone Extension pit, has a high potential to provide additional extensions to the mine life depending on the copper price. Exploration to find additional reserves will be ongoing. For additional information, refer to the Company's Quarter Reports or the Huckleberry section in the current Annual Information Form. UD:6/09

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