Imperial Reports 2011 First Quarter Financial Results

Company News

Imperial Metals Corporation (TSE:III) announces comparative financial results for the three months ended March 31, 2011 and March 31, 2010.

Imperial Metals Corporation (TSX:III) announces comparative financial results for the three months ended March 31, 2011 and March 31, 2010.

The press release is quoted as saying:

Copper production was up to 13.2 million pounds compared to 10.3 million in the March 2010 quarter, as high grade was mined from the lower benches of the Main Zone Extension pit. Copper recovery was excellent at 92.3%. Quarterly production at Huckleberry is expected to decline as low grade stockpiles will provide the majority of feed for the remainder of 2011.

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