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VANCOUVER, British Columbia, Feb. 19, 2026 (GLOBE NEWSWIRE) — Imperial Metals Corporation (the “Company” or “Imperial”) (TSX:III) reports that 2025 metal production from Red Chris (100% basis) was 93,101,213 pounds of copper and 92,429 ounces of gold, up from 85,320,618 pounds of copper and 59,811 ounces of gold in 2024, on higher grades for both metals and higher recovery for gold. Red Chris exceeded its 2025 production guidance of 88 million pounds of copper and 86,000 ounces of gold for the calendar year 2025.
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Imperial’s 30% share of Red Chris mine production for 2025 was 27,930,364 pounds of copper up from 25,596,185 pounds copper in 2024 and 27,729 ounces of gold up from 17,943 ounces gold in 2024.
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The Red Chris feasibility study for a block cave expansion operation is advancing, as are permitting activities to support the underground project. Completion of the feasibility study and, subject to the study outcomes, joint venture approval are expected in the second half of 2026.
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Newmont Mining Corporation’s guidance for Red Chris mine production (100%) is 60 – 66 million pounds of copper and 47,500 – 52,500 ounces of gold for the calendar year 2026. Both copper and gold production are expected to be lower in 2026 at Red Chris as the mining sequence provides for mining lower grade ore and stockpile processing during the year while stripping for the next open pit mining phase.
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Steve Robertson, P.Geo., Imperial’s Vice President Corporate Development, has reviewed the production disclosures contained in this news release and is the designated Qualified Person as defined by National Instrument 43-101.
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About Imperial
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Imperial is a Vancouver based exploration, mine development and operating company with holdings that include the Mount Polley mine (100%), the Huckleberry mine (100%), and the Red Chris mine (30%). Imperial also holds a portfolio of 23 greenfield exploration properties in British Columbia.
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Imperial Contacts
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Brian Kynoch | President | 604.669.8959
Steve Robertson| VP Corporate Development | 604.669.8959
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Cautionary Note Regarding Forward-Looking Statements
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Certain information contained in this news release are not statements of historical fact and are “forward-looking” statements. Forward-looking statements relate to future events or future performance and reflect Imperial management’s expectations or beliefs regarding future events and include, but are not limited to statements regarding: expectations that the Red Chris mine feasibility study for a block cave expansion operation and permitting activities to support the underground project will continue to advance with completion of the feasibility study and joint venture approval (subject to the study outcomes) expected in the second half of 2026; guidance on production for the Red Chris mine; and expectations that production and ore grades for both gold and copper at the Red Chris mine will be lower due to the planned mining sequence, stockpile processing and stripping necessary to prepare the next open pit mining phase.
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