Sterling Red Chris Property Photos

Red Chris Development Company Ltd. ("RCDC") owns the Red Chris copper/gold property was acquired by Imperial in 2007. The 17,254 hectare property is located in the Tahltan traditional territory of northwest British Columbia, 80 km south of Dease Lake, 18 km southeast of Iskut, and approximately 20 km from Highway #37. In 2007 RCDC completed a successful deep drill program. Results revealed the potential for high grades beneath the current pit design. Exploration tested the vertical continuity of mineralization in the East and Main zones with encouraging results from six deep holes. East zone drill hole RC07-335 is the longest mineralized intersection in the Company's history. The hole graded 1.01% copper, 1.26 g/t gold and 3.92 g/t silver over 1024.1 metres, and bottomed in strong mineralization. The planned pit at Red Chris is approximately 1.8 km long and up to 1,000 m wide with two main zones; the East and the Main. Drilling indicates the deposit is still open for expansion both laterally and vertically, and the adjacent Gully and Far West are two of the exploration targets which may also host significant near-surface copper/gold mineralization. During 2008 RCDC completed construction of an exploration access road into the camp thereby reducing the reliance on helicopter support. A deep drill program designed to explore the depth extent of the Red Chris deposit was initiated in late 2008, and will continue in 2009. Exploration expenditures in 2008 were $1.5 million. Total 2008 exploration expenditures including completion of the access road totaled $5.1 million. The (2005) Red Chris feasibility study indicated positive economics with assumed copper at US$1.10/lb and gold at US$400/oz with total mineable reserves of 276 million tonnes grading 0.349% copper and 0.266 g/t gold, over a 25 year mine life. Development of Red Chris into a mine is contingent upon the construction of a power line to service northwest British Columbia. The (2005) Red Chris feasibility study was based on the assumption that power supply would be available at Tatogga near Iskut, a distance of 23 km from the mine site. At present, the power supply grid extends only to Meziadin Junction, a distance of 257 km from the mine site. Ref: news releases Feb 2009; Jun/Sep/Dec 2008; 2007 UD:06.09 Red Chris Technical Report - May 2010 in PDF Format (9.2 Mb). Red Chris Technical Report volume I in PDF Format (10.2 Mb). Red Chris Technical Report volume II in PDF Format (1.7 Mb). For additional information, refer to the Company's Quarter Reports or the Red Chris section in the current Annual Information Form.

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