Imperial Reports Production Update for 2024 First Quarter

VANCOUVER, British Columbia, April 25, 2024 (GLOBE NEWSWIRE) -- Imperial Metals Corporation (“Imperial”) (TSX:III) reports quarterly copper and gold production from Mount Polley and Red Chris mines. Imperial’s production was 12.353 million pounds copper and 12,861 ounces gold, with 7.355 million pounds copper and 10,009 ounces gold coming from Mount Polley and 4.998 million pounds copper and 2,852 ounces gold from its 30% share of Red Chris mine production.

Mount Polley metal production (100%) for the first quarter of 2024 was 7.355 million pounds copper and 10,009 ounces gold, compared to 6.678 million pounds copper and 9,980 ounces gold produced during the first quarter of 2023.

Mount Polley Mine Production		Three Months Ended March 31
		2024		2023
Ore milled - tonnes		1,671,505		1,389,636
Ore milled per calendar day - tonnes		18,368		15,440
Grade %  - copper		0.251		0.269
Grade g/t  - gold		0.282		0.313
Recovery %  - copper		79.4		81.1
Recovery %  - gold		66.0		71.5
Copper – million pounds		7.355		6.678
Gold – ounces		10,009		9,980

Mill throughput was up 20.3%, with 1.671 million tonnes being treated compared with 1.390 million tonnes treated in the first quarter of 2023. Copper production in the first quarter 2024 was up by 10.1% as a result of the increase in throughput which offset lower grade and recovery compared to first quarter 2023.