TSX-V: IPG $0.11 + 0.02 Gold $US 1,292.72oz + 1.84 Silver $US 16.51oz + 0.07 Copper $US 3.15lb

Projects

Carheil-Brouillan

CARHEIL-BROUILLAN, PROJECT COMPILATION AND UPDATE

SOQUEM completed a 10-hole, 2,109 m diamond drilling program on the D2 polymetallic vein system. Analytical results show a strong, broad area of copper, gold and silver mineralization and hydrothermal alteration. The D2 Zone consists of several centimetric to metric stacked quartz-carbonate veins with variable concentrations of pyrite, chalcopyrite and locally, visible gold.

The new drilling occurs 250 m northeast of historical diamond drilling which had returned up to 1.8% Cu, 76.4 g/t Ag, 24.3 g/t Au over 1.1 m from quartz-carbonate veining in a deformation corridor at the contact of basalt and gabbro. Due to the nugget effect, some samples are being reprocessed via metallic screening at the ALS laboratory of Val-d’Or. Soquem is planning an optical and acoustic Televiewer™ survey at the D2 zone later this year to better understand the precise orientation of the veining and hosting structures.

The results of a program of 3D-IP geophysics were recently received from Abitibi Geophysics of Val d'Or, Québec. The geophysical survey covers the westward extension of the "B26" base metal horizon on Imperial's property. The horizon is manifested as a moderate to strong chargeability lineament at the northern part of the grid and has been traced for a strike length of 3.5 km. A second strong anomaly observed to the south and east of the main anomaly has been traced for a further 1.3 km. In addition, a strong anomaly sits east of the D2 drilling and extends the zone a further 300 m. A second, untested Priority 1 anomaly at the same stratigraphic level and 1.4 km east of the D2 is observed and has been traced for two km to the east. These targets constitute significant targets for gold and copper-zinc-silver mineralization and will be followed up with diamond drilling.

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