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| | July 18, 2006
Huckleberry Mine Extends Life
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| | Vancouver (July 18, 2006) - Imperial Metals Corporation (III-TSX) announces that the Board of Directors of Huckleberry Mines Ltd. has approved management's recommendation to proceed with the extension of the Main Zone Pit subject to government approvals. The required approvals are expected to be received this summer.
Management is continuing to refine the Main Zone Extension details to be included in a revised long-term plan which is due in October. The added probable reserve tonnage of this extension is approximately 16 million tonnes grading 0.37% copper. The extra tonnage will add over two years of life to the operation, extending production into 2010.
The mine design and the above estimates have been prepared under the supervision of Kent Christensen, P. Eng., Senior Mine Engineer at Huckleberry Mines Ltd., who is designated as the Qualified Person for this purpose.
Higher copper prices are a major factor in making the pit expansion economically feasible. Huckleberry plans to continue exploring in the immediate area with the hope of finding additional reserves. Huckleberry is optimistic that further exploration will discover additional sources of mill feed in the area.
Imperial owns 50% of Huckleberry Mines Ltd. The mine is located approximately 123 kilometres southwest of Houston, British Columbia. The property consists of a mining lease covering over 1,900 hectares and two mineral tenures encompassing approximately 2,183 hectares.
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For further information contact:
Brian Kynoch, President - 604.669.8959 or
Sabine Goetz, Investor Relations - 604.488.2657 / info@imperialmetals.com |
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You can view the Next News Release 2006 item: Wed Aug 2, 2006, Imperial Reports Mount Polley Exploration Update
You can view the Previous News Release 2006 item: Mon May 15, 2006, Imperial Reports Results for the First Quarter 2006
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