Imperial Announces Suspension of Operations at Mount Polley Mine

Press Release

Vancouver | January 7, 2019 | Imperial Metals Corporation (the “Company”) (TSX:III) reports that due to declining copper prices, operations at the Mount Polley mine will be suspended. The suspension plan includes milling of low grade stockpiles which is targeted to extend operations to the end of May 2019. There will be no impact to the mine’s ongoing environmental monitoring and remediation program. Full operations will resume once the economics of mining at Mount Polley improve.

Mount Polley mine is located in south-central British Columbia, 56 kilometres northeast of Williams Lake. The Mount Polley mine is owned and operated by Mount Polley Mining Corporation, a subsidiary of the Company.

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About Imperial

Imperial is a Vancouver exploration, mine development and operating company. The Company, through its subsidiaries, owns the Red Chris, Mount Polley and Huckleberry copper mines in British Columbia. Imperial also holds a 50% interest in the Ruddock Creek lead/zinc property.

Company Contacts

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