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| | September 23, 2004
High Grade Results Continue to Expand Mount Polley's Northeast Zone
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| | Vancouver (September 23, 2004) - Imperial Metals Corporation (III-TSX) reports high-grade drilling results in the northern extension of the Northeast Zone. Drill hole WB04-113 intersected 42.5 metres grading 1.75% copper, 0.15 g/t gold and 10.56 ppm silver from 97.5 to 140.0 metres. It is the northern most intercept reported to date and has extended the strike length of the Northeast Zone to 500 metres. Assays for the intervals below 140.0 metres in this 404.2 metre hole are pending.
Drill hole WB04-102 intersected 227.3 metres grading 1.11% copper, 0.41 g/t gold and 7.52 ppm silver. This interval is 30 metres north of previously reported drill hole WB04-99 which intersected 250.0 metres grading 0.83% copper, 0.25 g/t gold and 6.20 ppm silver. Drill hole WB04-98 was drilled on the same section as WB04-102 to test the eastern extent of mineralization, and intersected 62.5 metres grading 1.47% copper, 0.50 g/t gold and 9.05 ppm silver from 302.5 to 365.0 metres.
Drilling shows that significant copper/gold/silver mineralization occurs to the north of the currently designed Wight Pit. In addition, drill holes WB04-104, WB04-106 and WB04-112, each intersected over 34 metres of high grade mineralization within a portion of the Wight Pit that had previously been modeled as waste.
To date, a total of 179 holes have been drilled since August 2003, 129 of these holes are located in the Northeast Zone. Two drills continue to test the northern lateral and depth extent of the Northeast Zone, and a third drill is testing the southern edge of the Wight Pit. An updated Table of Assay Results and Drill Plan are available on the Company's website.
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.
Imperial's wholly owned Mount Polley property, located 56 kilometres northeast of Williams Lake, BC, has been the focus of continuous exploration that includes diamond drilling and trenching since August of 2003.
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For additional drilling information see the Company website at www.imperialmetals.com or contact:
Brian Kynoch, President - 604.669.8959;
Patrick McAndless, Vice President Exploration - 604.488.2665; or
Sabine Goetz, Investor Relations - 604.488.2657 / info@imperialmetals.com
Associated Maps & Tables in PDF Format:
Northeast Zone Drill Plan - Sept 23/04 (470 Kb)
Northeast Zone Drill Section 5540 - Sept 23/04 (400 Kb)
Northeast Zone Assay Results to Date - Sept 23/04 (117 Kb)
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You can view the Next News Release 2004 item: Tue Oct 5, 2004, Imperial Announces $16.23 Million Private Placement
You can view the Previous News Release 2004 item: Mon Sep 13, 2004, Imperial Hits Long Intervals of Molybdenum/Copper Mineralization at the Bear Property
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