Red Chris NI 43-101 Technical Report Filed
imperialmetals.com
News Release
Red Chris NI 43-101 Technical Report Filed
Vancouver | November 29, 2021 | Imperial Metals Corporation (the “Company”) (TSX:III) reports that the NI 43-101 Technical
Report for Red Chris has been filed by Newcrest Mining Limited . A copy of the report will be available on
imperialmetals.com and the Canadian Securities Administrator’s “System for Electronic Document Analysis and Retrieval”
(SEDAR).
The Technical Report has been prepared in accordance with National Instruction 43 -101 – Standards of Disclosure for
Mineral Projects of the Canadian Securities Administrators (NI 43 -101) and the provisions of Canadian Institute of Mining,
Metallurgy and Petroleum (CIM) Definition Standards – for Mineral Resources and Mineral Reserves May 2014 (the CIM
Definition Standards) for filing on SEDAR.
The Mineral Resource and Mineral Reserve estimates in the Technical Report have been prepared under the directi on of
Qualified Persons as defined in NI 43-101, using accepted industry practice.
Mineral Resources and Mineral Reserves were initially classified using the 2012 edition of the Australasian Joint Ore
Reserves Committee Code (the JORC Code). The confidence categories assigned under the JORC Code were reconciled to
the confidence categories in the CIM Definition Standards. As the confidence category definitions are the same, no
modifications to the confidence categories were required. Note that NI 43 -101 doe s not allow for Inferred Mineral
Resources to be added to other Mineral Resource categories.
Mineral Resources and Mineral Reserves in the Technical Reports are reported in accordance with the CIM Definition
Standards. Terminology differences were address ed in that the term “Ore Reserves” in the JORC Code is reported as
“Mineral Reserves” using the CIM Definition Standards, and the term “Proved Ore Reserve” in the JORC Code is reported as
“Proven Mineral Reserves” using the CIM Definition Standards.
---
About Imperial
Imperial is a Vancouver based exploration, mine development and operating company. The Company, through its
subsidiaries, owns a 30% interest in the Red Chris mine, and a 100% interest in both the Mount Polley and Huckleberry
copper mines in British Columbia.
Company Contacts
Brian Kynoch | President | 604.669.8959
Darb Dhillon | Chief Financial Officer | 604.488.2658
Jim Miller-Tait | Vice President Exploration | 604.488.2676
Cautionary Note Regarding Forward-Looking Statements
Certain information contained in this news release are not statements of historical fact and are “forward -looking”
statements. Forward-looking statements relate to future events or future performance and reflect Company management’s
expectations or beliefs regarding future events
In certain cases, forward-looking statements can be identified by the use of words such as "plans", "expects" or "does not expect",
"is expected", "outlook", "budget", "scheduled", "estimates", "forecasts", "intends", "anticipates " or "does not anticipate", or
"believes", or variations of such words and phrases or statements that certain actions, events or results "may", "could", "would",
"might" or "will be taken", "occur" or "be achieved" or the negative of these terms or comparable terminology. By their very
nature forward-looking statements involve known and unknown risks, uncertainties and other factors which may cause the actual
results, performance or achievements of the Company to be materially different from any future resu lts, performance or
achievements expressed or implied by the forward-looking statements.
imperialmetals.com
In making the forward-looking statements in this release, the Company has applied certain factors and assumptions that are based
on information currently available t o the Company as well as the Company’s current beliefs and assumptions. These factors and
assumptions and beliefs and assumptions include, the risk factors detailed from time to time in the Company’s interim and
annual financial statements and management’s discussion and analysis of those statements, all of which are filed and available
for review on SEDAR at www.sedar.com. Although the Company has attempted to identify important factors that could cause
actual actions, events or results to differ materiall y from those described in forward -looking statements, there may be other
factors that cause actions, events or results not to be as anticipated, estimated or intended, many of which are beyond the
Company’s ability to control or predict. There can be no as surance that forward-looking statements will prove to be accurate, as
actual results and future events could differ materially from those anticipated in such statements. Accordingly, readers should not
place undue reliance on forward-looking statements and all forward-looking statements in this news release are qualified by these
cautionary statements . Such information is given only as of the date of this news release. The Company does not assume any
obligation to update its forward -looking information to r eflect new information, subsequent events or otherwise, except as
required by law.