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Red Chris
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Imperial entered into an option agreement with Cross Lake Minerals in November 2005. Cross Lake may earn a 65% working interest by carrying out aggregate exploration and development expenditures of $2,000,000. Cross Lake has since drilled 6 diamond drill holes totaling about 2,500 metres and has had success in extending the deposit to depth, discovering what appears to be a parallel vein system 100 metres north of the existing zone. The 1,891 hectare property is located 35 km south-southwest of Prince Rupert, British Columbia. For current property information visit www.crosslakeminerals.com |
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