Imperial Metals Receives Water Discharge Permit for Mount Polley

Base Metals Investing

Imperial Metals Corp. (TSX:III) announced that its syndicate of lenders has confirmed that its Red Chris mine has achieved the completion test requirements for Imperial’s senior secured revolving credit facility, due October 1, 2016.

Imperial Metals Corp. (TSX:III) announced that its syndicate of lenders has confirmed that its Red Chris mine has achieved the completion test requirements for Imperial’s senior secured revolving credit facility, due October 1, 2016.
The company also said that its Mount Polley mine has received a permit amendment to allow for the discharge of treated water.
As quoted in the press release:

The permit, issued by the British Columbia Ministry of Environment, allows treated water to be discharged into Hazeltine Creek where it will flow down to a settlement pond and then into twin pipelines that will discharge approximately 40-50 metres below the surface of Quesnel Lake.

Brian Kynoch, president of Imperial Metals, commented:

This is another important milestone for the Red Chris mine. I would like to thank all of our employees and contractors who have been involved with construction, commissioning and operation of the Red Chris mine. We should all take great pride in this result given the relatively short period of time involved, and together we look forward to continued success at the mine.

Click here to read the full Imperial Metals Corp. (TSX:III) press release.

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