News Releases

 November 27, 2002
Imperial Acquires Nak Property Near Joss'alun
 Vancouver (November 27, 2002) - Imperial Metals Corporation (TSX:III) is pleased to announce the acquisition, by way of staking, of a property adjacent to the Joss'alun showing in the Atlin Mining District of northwestern British Columbia. The Nak Property covers the on strike extension of favorable stratigraphy that hosts high-grade copper mineralization, discovered by BC Ministry of Energy and Mines (BCMEM) geologists while conducting regional mapping, as part of the joint federal and provincial Atlin Targeted Geoscience Initiative. The newly acquired ground is located 75 kilometres southeast of Atlin, approximately 110 km south of the Yukon border.

Mitch Mihalynuk of the BCMEM describes Joss'alun as "...a series of stacked lenses of semi-massive chalcopyrite and lesser pyrite, which are hosted by a dominantly mafic volcaniclastic unit interpreted to have formed in a submarine setting."

"Deposit type and genesis are undetermined at this time."

"...mineralization disappears beneath the valley cover. However, blebs of chalcopyrite occur within mafic breccia at approximately the same stratigraphic level across the valley, about 1 km to the east-southeast."

The table below shows assay values for samples collected by BCMEM geologists following the discovery. 

               -------------------------------------------------
               Sample Number    Sample Type   Copper Assay (Cu%)
               -------------------------------------------------
                 MMI02-33-15        Grab            7.34
                 MMI02-34-6         Grab           10.15
                 MMI02-34-9         Grab            7.66
                 MMI02-34-10-1      90 cm chip      3.35
                 MMI02-34-10-2      35 cm chip      7.33
               -------------------------------------------------

Imperial is currently planning an exploration program for the upcoming field season to assess the potential for discovery of a viable massive sulphide deposit.

A map is available on our website.




There are no "Photo Gallery" items released on this web site at this time.


The following is a direct link to the Ministry of Energy & Mines website which provides information on the Joss'alun discovery. Joss'alun is adjacent to the NAK Property and it's discovery prompted Imperial's acquisition of NAK.
http://www.em.gov.bc.ca/DL/GSBPubs/news/jossalun-discovery.pdf

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For further information contact:
Brian Kynoch, Senior Vice President or
Sabine Goetz, Investor Relations
 
 

You can view the Next News Release 2002 item: Wed Nov 27, 2002, Silver Standard to Purchase Silvertip Project in British Columbia

You can view the Previous News Release 2002 item: Tue Aug 27, 2002, Imperial Reports Results for Second Quarter 2002

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