Drilling at Mount Polley Intersects 11.0 Metres Grading 4.43% Copper, 1.53 g/t Gold and 41.7 g/t Silver

Executive Summary
- First hole of the 2025 Phase 2 diamond drill program at Mount Polley returned a notable intercept: 11.0 m grading 4.43% Cu, 1.53 g/t Au and 41.7 g/t Ag.
- Additional high‑grade intervals were intersected above and below the target zone, including 9.6 m at 3.71% Cu, 0.42 g/t Au and 9.89 g/t Ag.
- The Phase 2 program comprises 3,718.3 m across nine holes; results from remaining holes are pending, with further drilling planned for 2026.
Key Details
- Hole WB‑25‑268 intercepts:
- 254.6–256.1 m (1.5 m): 3.58% Cu, 0.07 g/t Au, 13.6 g/t Ag
- 272.5–282.1 m (9.6 m): 3.71% Cu, 0.42 g/t Au, 9.89 g/t Ag
- 304.4–315.4 m (11.0 m): 4.43% Cu, 1.53 g/t Au, 41.7 g/t Ag (primary target interval)
- 414.6–420.7 m (6.1 m): 1.16% Cu, 0.36 g/t Au, 7.0 g/t Ag
- 467.5–500.0 m (32.5 m): 0.60% Cu, 0.28 g/t Au, 4.4 g/t Ag
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542.5–557.5 m (15.0 m): 0.97% Cu, 0.63 g/t Au, 8.8 g/t Ag
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Program scope: Phase 2 consists of nine drill holes totaling 3,718.3 m; this release covers only the first hole’s results.
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Exploration objectives:
- Test high‑grade zone beneath the Wight Pit (Green zone).
- Expand and delineate higher‑gold C2 zone at depth.
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Assess depth extension under the previously mined Bell Pit using new targeting techniques from the Springer Pit.
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Historical context: Prior holes WB‑05‑189 and WB‑04‑179 intersected 15.0 m @ 3.1% Cu, 0.33 g/t Au, 20.1 g/t Ag and 12.4 m @ 6.7% Cu, 3.65 g/t Au, 44.8 g/t Ag respectively.
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Resource reference: Martel zone underground indicated resource (as of Jan 1 2025) – 2.272 M tonnes at 1.14% Cu, 0.30 g/t Au, 7.20 g/t Ag (57.3 M lb Cu, 22 k oz Au, 526 k oz Ag).
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Qualified Person: Jim Miller‑Tait, P.Geo., VP Exploration, Imperial Metals Corp.
Notable Quotes
(No direct quotes were provided in the release.)