October 20, 2003

News Release: Imperial Metals Corporation

Imperial Metals Corporation reports that diamond drill holes WB03 07 and WB03 08 intersected significant intervals of copper, gold and silver, including 204.1 meters grading 1.02% copper, 0.40 g/t gold and 7.31 ppm silver in WB03 07.


The intervals from these holes are provided in the following table, together with previously reported results from the recently completed 16 hole diamond drill program in the Northeast Zone at Imperial's 100% owned Mount Polley property. A drill and trench plan is available on the Company's website: www.imperialmetals.com

Drill              Metre       Interval    Copper    Gold    Silver
Hole #           Interval       Length        %       g/t     ppm


WB03 01        3.05 -  60.00     56.95      2.54     1.15    17.40
WB03 02        2.60 -  79.10     76.50      0.74     0.34     5.00
WB03 03        1.50 - 195.00    193.50      1.33     0.44    10.60
WB03 04        0.61 - 159.00    158.39      0.34     0.21     2.66
WB03 05        3.70 -  37.50     33.80      0.49     0.30     5.32
WB03 06        7.10 - 220.00    212.90      0.98     0.32     6.18
 including     7.10 - 110.00    102.90      1.94     0.57    11.71
WB03 07       13.40 - 217.50    204.10      1.02     0.40     7.31
 including    13.40 - 126.30    112.90      1.72     0.56    12.33
WB03 08        7.30 -  81.10     73.80      0.98     0.31     8.04

Assays for the remaining holes drilled in the Northeast Zone are expected
over the next few weeks. Meanwhile trenching continues. Imperial will
a commence a minimum 60 hole diamond drill program in the Northeast Zone
once all assays are received from the first round of drilling.

Patrick McAndless, a Qualified Person as defined by National Instrument 43-101, supervised the preparation of the technical information in this release. Samples are being analyzed by Acme Analytical Labs Ltd. in Vancouver, BC.

CONTACT: TEL: (604) 669-8959 Brian Kynoch, President

TEL: (604) 488-2665 Patrick McAndless, VP Exploration

TEL: (604) 488-2657 Sabine Goetz, I.R.

Email: This email address is being protected from spambots. You need JavaScript enabled to view it.

Website: www.imperialmetals.com

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