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Published : January 25th, 2008

Intercepts Demonstrate Continuity of Mineralization at Imperial's Bea

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Keywords :   Copper | Gold | Molybdenum |

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Imperial Metals Corporation
TSX:III
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January 25, 2008
Long Molybdenum-Copper Intercepts Demonstrate Continuity of Mineralization at Imperial's Bear Property
VANCOUVER, BRITISH COLUMBIA--(Marketwire - Jan. 25, 2008) - Imperial Metals Corporation (TSX:III) reports long intervals of molybdenum copper mineralization were encountered in both drill holes completed at the Bear property, 140 kilometres north of Smithers in northern British Columbia.

Hole BD07-21 returned 378.6 metres grading 0.054% molybdenum and 0.25% copper which included a 178.7 metre interval grading 0.083% molybdenum and 0.30% copper, or 1.13% CuEqv. Hole BD07-21 was drilled in altered intrusive rocks from the top of bedrock to the bottom of the hole, with the best grades in the upper 342 metres. Hole BD07-20 tested an area near the northern boundary of the mineralization. The mineralization and alteration were widespread but the grades were lower. A drill plan and section is available on the Company's website.


-------------------------------------------------------------------------
                         Inter-            Inter-                  Copper
                Total      val    Inter-     val     Moly-          Equiv-
               Length     from      val   Length   bdenum  Copper   alent
Drill Hole #       (m)      (m)   to (m)      (m)       %       %     %(i)
BD-07-20        566.6    285.5    450.0    164.5    0.020    0.12    0.32
including                297.5    332.5     35.0    0.030    0.12    0.42
and                      427.5    447.5     20.0    0.025    0.20    0.45
BD-04-21        380.1      1.5    380.1    378.6    0.054    0.25    0.79
including                  7.5     62.5     55.0    0.055    0.33    0.88
and                      102.5    281.2    178.7    0.083    0.30    1.13
and                      157.5    217.5     60.0    0.103    0.40    1.43
-------------------------------------------------------------------------
(i) CuEqv equals copper equivalent calculations based on
    molybdenum:copper price ratio of 10:1
 
Infrastructure in the Bear property area is excellent with nearby rail, roads, power and airstrip. The property was acquired in 2004 and Imperial owns a 100% interest in the property, subject to a 1.5% NSR which can be purchased by the Company for $1,500,000.

Steve Robertson P.Geo., designated as the Qualified Person defined by National Instrument 43-101, reviewed the data as described in this release. Samples were analyzed at Acme Analytical Laboratories in Vancouver. A comprehensive QA/QC program using blanks, standards and duplicates was maintained for all samples submitted to the lab. The purpose of the 2007 Bear drill program was to better define the known mineralization. The program was halted early due to the weather conditions and further work will be required to achieve that goal. The true width of the mineralized system cannot be determined at this time.

Imperial is a mine development and operating company based in Vancouver, British Columbia. The Company's key properties are the Mount Polley open pit copper/gold producing mine in central British Columbia, the Huckleberry open pit copper/molybdenum producing mine in northern British Columbia, the development stage Red Chris copper/gold property in northern British Columbia, and the Sterling gold property in southwest Nevada.

CONTACT INFORMATION:

Imperial Metals Corporation
Brian Kynoch
President
(604) 669-8959
Fax: (604) 687-4030

or

Imperial Metals Corporation
Patrick McAndless
Vice President Exploration
(604) 488-2665

or

Imperial Metals Corporation
Sabine Goetz
Investor Relations
(604) 488-2657
Email: info@imperialmetals.com
Website: www.imperialmetals.com

INDUSTRY: Manufacturing and Production - Mining and Metals

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CODE : III.TO
ISIN : CA4528921022
CUSIP : 452892102
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Imperial is a zinc and lead producing company based in Canada.

Imperial produces zinc, lead, copper, diamonds, gold, molybdenum and silver in Canada, develops copper and gold in Canada, and holds various exploration projects in Canada.

Its main assets in production are HUCKLEBERRY, MOUNT POLLEY, PORCHER ISLAND and STERLING in Canada, its main asset in development is RED CHRIS in Canada and its main exploration properties are BEAR, NAK, SHERATON-TIMMINS, ROBB LAKE, LJ, KNEB, GHOST PROPERTY, INDATA, WASI CREEK, GIANT COPPER, RUDDOCK CREEK, CATFACE, BALDWIN-MCVICAR, THE CENTURY and FANDORA in Canada.

Imperial is listed in Canada and in United States of America. Its market capitalisation is 98.7 millions as of today (US$ 70.7 millions, € 66.6 millions).

Its stock quote reached its lowest recent point on November 29, 2002 at 0.15, and its highest recent level on July 17, 2015 at 9.98.

Imperial has 47 442 200 shares outstanding.

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TORONTO (III.TO)Other OTC (IPMLF)
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