Vancouver, BC — March 25, 2010 — Imperial Metals Corporation (TSX:III). The Market Surveillance unit of the Toronto Stock Exchange has asked that Imperial comment on recent market activity in its stock. Imperial believes that recent share price gains are attributable to increasing market awareness of its published drill results, particularly at the Red Chris property. On Wednesday March 24 Imperial was featured on Business News Network and in the BNN Market Call column of the Globe and Mail.
Imperial does not report visual assay estimates and does not release partial assay results unless it believes they are highly significant in the context of previously released drill results. Imperial does not believe that any of its pending results from ongoing exploration drilling at either the Mount Polley property or the Red Chris property are highly significant in the context of previously released drill results from these properties.
Imperial is a mine development and operating company based in Vancouver, British Columbia. The Company’s key properties are the Mount Polley open pit copper/gold producing mine in central British Columbia, the Huckleberry open pit copper/molybdenum producing mine in northern British Columbia, the development stage Red Chris copper/gold property in northwest British Columbia, and the development stage Sterling gold property in southwest Nevada.
Contact: Brian Kynoch, President 604.669.8959; Andre Deepwell, Chief Financial Officer 604.488.2666; Sabine Goetz, Investor Relations 604.488.2657 // website: www.imperialmetals.com
// email: email@example.com
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