News Releases

 August 31, 2004
Imperial Continues To Intersect High Grade Mineralization in the Northeast Zone at Mount Polley

 Vancouver (August 31, 2004) - Imperial Metals Corporation (III-TSX) has intersected 250 metres grading 0.83% copper, 0.25 g/t gold and 6.20 ppm silver in WB04-99 in the recently discovered northern extension of the Northeast Zone at its 100% owned Mount Polley property near Williams Lake, BC. Included in this intersection are 40 metres grading 1.18% copper, 0.70 g/t gold and 11.62 ppm silver. This represents a 60 metre step out to the north from WB03-03 which intersected 193.5 metres grading 1.39% copper, 0.44 g/t gold and 10.60 ppm silver.

In addition, drilling in the southern end of the Northeast Zone yielded 170.1 metres grading 1.48% copper, 0.43 g/t gold, and 11.51 ppm silver in hole WB04-95, and 135.1 metres grading 1.40% copper, 0.30 g/t gold and 14.26 ppm silver in WB04-93. Included in these intervals are 95.1 metres grading 2.17% copper, 0.66 g/t gold, and 18.67 ppm silver and 52.5 metres grading 2.88% copper, 0.64 g/t gold and 30.78 ppm silver in WB04-95 and WB04-93 respectively. These two mineralized intersections occur near the southern tested extent of the Northeast Zone, and were drilled to confirm the continuity of the high grade mineralization near the southern end of the zone.

Ore to waste ratios in the currently designed Wight Pit were improved by the results of hole WB04-96 which intercepted 37.80 metres grading 0.33% copper, 0.14 g/t gold and 1.68 ppm silver near surface in an area within the pit that was previously modeled as waste. The style of this near surface mineralization is reminiscent of mineralization encountered in the Leak area which lies to the west of the Northeast Zone.

Drilling is continuing with two drills testing the northern lateral and depth extent of the Northeast Zone. Refer to the Company website for a Table of Assay Results to Date and Drill Plan.

Patrick McAndless, a Qualified Person as defined by National Instrument 43-101, supervised the preparation, and verified the technical information in this release. Samples were analyzed by Acme Analytical Labs Ltd. in Vancouver, BC.

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For additional information refer to the Company website at www.imperialmetals.com or contact:
Brian Kynoch, President - 604.669.8959; or info@imperialmetals.com

Associated Maps in PDF Format:

Northeast Zone Drill Plan (80 Kb)

Northeast Zone: Assay Results to Date - August 31, 2004 (67 Kb)

 
 

You can view the Next News Release 2004 item: Mon Sep 13, 2004, Imperial Hits Long Intervals of Molybdenum/Copper Mineralization at the Bear Property

You can view the Previous News Release 2004 item: Tue Aug 24, 2004, Imperial Intercepts Additional High Grade in the Springer Zone

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