|By Marketwired .||
|April 11, 2014 04:37 PM EDT||
VANCOUVER, BRITISH COLUMBIA -- (Marketwired) -- 04/11/14 -- Imperial Metals Corporation (TSX:III) reports mill operations at Huckleberry mine resumed on April 5. The Huckleberry mill is currently achieving budgeted throughput levels of 700 to 800 tonnes per hour.
The Huckleberry mill went down on February 26, 2014 when a tooth failed on the semi-autogenous grinding (SAG) mill bull gear, damaging this gear and one of the pinion gears on the dual drive mill. To enable the SAG mill to be restarted, the damaged teeth on the bull gear were reprofiled to reduce the load on these damaged teeth, the north pinion gear was replaced with a spare, and the rotation of the mill motors was reversed. A replacement bull gear and two pinion gears for the SAG mill have been ordered and are expected to be on site by September.
Imperial is an exploration, mine development and operating company based in Vancouver, British Columbia. The Company operates the Mount Polley copper/gold mine in British Columbia and the Sterling gold mine in Nevada. Imperial has 50% interest in the Huckleberry copper mine and has 50% interest in the Ruddock Creek lead/zinc property, both in British Columbia. The Company is in development of its wholly owned Red Chris copper/gold property in British Columbia.
Cautionary Note Regarding "Forward-Looking Information"
This press release contains "forward-looking information" or "forward-looking statements" within the meaning of Canadian and United States Securities Laws, which we will refer to as "forward-looking information". Except for statements of historical fact relating to the Company, certain information contained herein constitutes forward-looking information.
In this press release where we discuss duration of suspension of operations, maintenance, availability of the necessary replacement parts, or other matters that have not yet occurred, we are making statements considered to be forward-looking information or forward-looking statements under Canadian and United States Securities Laws. We refer to them in this press release as forward-looking information.
The forward-looking information in this press release may include words and phrases about the future, such as: plan, expect, forecast, intend, anticipate, estimate, budget, scheduled, targeted, believe, may, could, would, might or will. We can give no assurance the forward-looking information will prove to be accurate. It is based on a number of assumptions management believes to be reasonable. It is also subject to risks associated with our business, including but not limited to risks inherent in the mining and metals business, and risks associated with the disclosures made in this press release, and those set out in the Company's Management's Discussion & Analysis in the Company's most recent Annual Report.
Imperial Metals Corporation
Imperial Metals Corporation
Chief Financial Officer
Imperial Metals Corporation
Vice President Corporate Development
Imperial Metals Corporation
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