First Quantum says Jiangxi can nominate one person to board
Jiangxi Copper expanded its ownership in the Canadian miner earlier this year.
Imperial Metals (TSX: III) has announced the results from the final 18 diamond drill holes of its 2024 exploration program at the Mount Polley mine in British Columbia.
Mineralization was extended over an 895-metre interval grading 0.26% copper and 0.32 g/t gold, starting at a depth of 27.5 metres. This includes a 342.5-metre section grading 0.42% copper and 0.48 g/t gold from the same depth in drill hole SD-24-196.
The latest results show that copper-gold mineralization extends 885 metres beneath the Springer pit floor. These findings will help remodel the Springer zone, optimize pit designs, improve mine scheduling, and potentially lead to pit expansions and further drilling.
Hole SD-24-183 intersected 160 metres grading 0.42% copper and 0.43 g/t gold from 7.5 metres depth, including 18.65 metres of 1.67% copper and 1.57 g/t gold. This interval also intercepted 27.5 metres of 0.12% molybdenum from 107.5 metres; this molybdenum grade is the highest ever intersected in the Springer zone.
Hole SD-24-190 intersected 249.0 metres grading 0.33% copper and 0.39 g/t gold, starting from 3.0 metres depth, including 109.5 metres of rock grading 0.51% copper and 0.54 g/t gold.
Hole SD-24-191 intersected 304.0 metres grading 0.24% copper and 0.27 g/t gold, starting from 6.0 metres depth, including 34.0 metres grading 0.35% copper and 0.47 g/t gold.
Hole SD-24-192 intersected 244.5 metres grading 0.26% copper and 0.37 g/t gold, starting from 4.5 metres depth, including 96.80 metres of 0.39% copper and 0.31 g/t gold, starting from 4.5 metres depth, and 79.45 metres grading 0.26% copper and 0.60 g/t gold, starting from 162.5 metres depth.
Hole SD-24-197 intersected 117.5 metres grading 0.32% copper and 0.62 g/t gold, starting from 82.5 metres depth.
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