Imperial Metals Corporation
TSX : III

Imperial Metals Corporation

August 10, 2005 13:30 ET

Imperial Metals Corporation: Huckleberry Drilling Update

VANCOUVER, BRITISH COLUMBIA--(CCNMatthews - Aug. 10, 2005) - Imperial Metals Corporation (TSX:III) reports encouraging exploration results from recent diamond drilling at its 50% owned Huckleberry copper-molybdenum mine. Drilling was focused on the Main Zone Extension (formerly the Northwest Target), located directly north of the Huckleberry Main Zone Pit. Highlights include hole 05-345 which intersected 125 metres grading 0.64% copper, including 47.5 metres grading 1.04% copper, and hole 05-347 intersecting 159.3 metres grading 0.50% copper. A total of 33 holes were completed for 6,388 metres from April to the end June 2005. All holes encountered potentially economic mineralization. The most significant intersections are:



--------------------------------------------------------------------
Total Metre Interval Interval Copper Mo
Drill Hole # Length (m) from - to Length % %
05-345 250.2 75.0 - 200.0 125.0 0.64 0.004
incl. 137.5 - 185.0 47.5 1.04 0.004
05-347 231.8 72.5 - 231.8 159.3 0.50 0.004
05-355 258.1 100.0 - 212.5 112.5 0.52 0.007
05-362 291.7 35.0 - 272.5 237.5 0.35 0.007
05-366 160.6 50.0 - 160.6 110.6 0.50 0.006
incl. 50.0 - 112.5 62.5 0.68 0.004
--------------------------------------------------------------------


Ongoing exploration at the Main Zone Extension has partially delineated a copper and molybdenum bearing zone over an east-west strike length of approximately 550 metres, a width of approximately 200 metres and to a maximum depth of 200 metres. The mineralized zone is structurally complex and appears as faulted offsets of the Main Zone deposit. Mineralization is mostly observed as fracture fillings containing pyrite, chalcopyrite and lesser molybdenite. The goal of this exploration is to delineate additional mineral reserves to extend Huckleberry's remaining mine life, currently estimated at 2 years.

Peter L. Ogryzlo, M. Sc., P. Geo. is the Qualified Person as defined by National Instrument 43-101 for the diamond drill program. Barbara Welsh, P. Eng., is in charge of analytical quality assurance and quality control. Assays were performed in the assay laboratory at the Huckleberry mine. Duplicate analyses of selected diamond drill samples were performed by ALS Chemex Laboratories of North Vancouver.

A drill plan and drill summary can be viewed on the Company's website www.imperialmetals.com.

The Huckleberry property is located approximately 123 kilometres southwest of Houston, British Columbia. The property consists of a mining lease covering approximately 1,912 hectares and two mineral tenures encompassing approximately 2,183 hectares.


Contact Information