skifam
3年前
Why is Scandium Important???
- *** Creates a North American Scandium Supply Chain ***
- Hardener and strengthener of common aluminium alloys
- Scandium-aluminum alloys are heat and corrosion resistant
- Used in lightweighting applications in the automotive, aerospace, fuel
cell and defense sectors
- Reduces carbon footprint by making commercial aircraft and I.C.E.
vehicles lighter and more fuel efficient with lower emissions
- In EVs, used in vehicle components to extend battery range, improve
fuel cell efficiency
Imperial Mining Investor Opportunity
- Large, high-grade surface scandium and rare earth resource inventory
- Small open pit mining footprint and environmental impact
- Mineralization processed using simple metallurgy
- Low overhead and projected expenses to deliver scandium below tipping
point for broader use ($1,250/kg USD)
- Mining-friendly jurisdiction (QC); strong relationship with local
indigenous communities
- Strong management and Board with critical mineral deposit discovery
and development expertise
- Undertaking GOV-supported AlSc material R&D to enhance “Market Pull”
for new alloy materials for 3-D printing (McMaster U research
initiative)
https://imperialmgp.com/site/assets/files/5179/imperial_crater_lake_presentation_-_jun_15-21.pdf
skifam
3年前
Peter Cashin on Imperial Mining’s high-recovery extraction process for rare earths and scandium
In a recent InvestorIntel interview, Tracy Weslosky speaks with Peter Cashin, President, CEO and Director of Imperial Mining Group Ltd. (TSXV: IPG | OTCQB: IMPNF) about Imperial’s recent milestones including their new high-recovery extraction process for rare earths and scandium. Additionally, they discuss Imperial’s recent news around their collaboration with Eck Industries to develop scandium-modified aluminum alloys.
In this InvestorIntel interview, which may also be viewed on YouTube Peter went on to say that Imperial is not just a scandium play as its Crater Lake Project has a diversified commodity base with significant quantities of rare earths and niobium. He also provided an update on the latest drill results from Crater Lake and added that Imperial Mining’s objective is to create a sustainable scandium supply chain.
skifam
3年前
Imperial Mining Develops High-Recovery Extraction Process for Scandium and Rare Earth Elements for Crater Lake Mineralization
Press Release | 06/09/2021
MONTREAL, June 09, 2021 (GLOBE NEWSWIRE) -- Imperial Mining Group Ltd. ("Imperial") (TSX VENTURE: IPG) (OTCQB: IMPNF) is pleased to announce that it has developed an innovative process for extraction of scandium (Sc) and rare earth elements (REE) from its Crater Lake scandium mineralization as part of its current Phase 3 Hydrometallurgical Development Program. Results from this work show very high recovery of both scandium and rare earths for all mineralization types defined in diamond drilling on the property.
The two-stage hydrometallurgical extraction method entails a high-pressure caustic leach (HPC) followed by hydrochloric acid leach of the HPC residue. The new method showed remarkable recovery of scandium and the rare earth elements from Imperial’s Crater Lake Sc-REE mineralization (see Imperial Mining press release dated March 2, 2020, for details of the MET samples herein mentioned):
The method showed scandium recovery to primary leach solution (PLS) of 87% for MET01, and 84% for MET02 samples.
The recovery of total rare earth element, including yttrium (TREE+Y) of 84%, from both MET01 and MET02 samples.
The high recoveries of Sc and TREE+Y from both samples show that the method has excellent efficacy in extracting Sc and REE from samples representing different mineralization types observed in drilling.
“We are extremely pleased with the results obtained to date from our metallurgical test work on Crater Lake mineralization,” said Peter Cashin, Imperial’s President & CEO. “Along with our partners MPlan-Dorfner ANZAPLAN, we have now obtained high scandium and rare earth recoveries from both the mineral concentration and hydrometallurgical study phases of the program. More importantly, the process that we have developed is effective across the various mineralization types defined on the project thus far. We are now ready to move to the final stages of our test work to recover a high-purity scandium oxide product.”
Imperial Mining is currently working to further optimize the process parameters with its hydrometallurgical development partners, MPlan-Dorfner ANZAPLAN GmbH, and is planning to apply for a patent for the new process.
Imperial Mining Group and MPlan-Dorfner ANZAPLAN continue to develop its hydrometallurgical flowsheet by treating a 100 kg mineral concentrate that was produced from two bulk samples collected from drillcore: MET01 and MET02. The program will recover scandium as scandium oxide (Sc2O3), and TREE+Y as a bulk concentrate. The Phase 3 hydrometallurgical flowsheet development program will be completed in the third quarter of 2021.
QUALIFIED PERSON
The technical content in this press release was reviewed and certified by Dr. Yemi Oyediran, an Ontario-registered P. Eng., Imperial's Manager of Metallurgical Development.
skifam
4年前
Imperial Mining Intersects Strong Scandium and Rare Earth Grades over 92.5 m at
Crater Lake, Quebec
Highlights:
Assay results from the first four drillhole continue to return impressive grades of 92.5 m (303.4’) grading 291g/t scandium oxide (Sc2O3 ), including 51.3 m (168.3’) grading 344 g/t Sc2O3 and 80.2 m (263.1') grading 287 g/t Sc2O3 , including 325 g/t Sc2O3 over 34.5 m (113.2’) .
Elevated levels of total rare earth oxides plus yttrium (TREO+Y) of up to 0.42% characterize the scandium-bearing horizon.
At a gold price of $1,750US/oz and a scandium oxide price of $1,250US/kg, the intersections represent a gold-equivalent value of 6.5 to 8.0 g/t Au.
MONTREAL, April 28, 2021 - Imperial Mining Group Ltd. ("Imperial") (TSX VENTURE: IPG; OTCQB: IMPNF) is pleased to announce that it has received assays from the first four holes for the Crater Lake definition drilling program on the TG scandium mineralized zone. Assay results have confirmed the substantial intersection widths of scandium-bearing olivine ferrosyenite (Table 1) reported earlier (see Imperial press release – April 7, 2021). The drilling is currently completing the 11th hole of the program which continues towards collecting sufficient drill data to undertake a 43-101 preliminary Resource Estimate of the Zone by this June.
“The winter drilling results for the Crater Lake property continue to exceed all expectations, as they confirm wide intervals of scandium and TREO+Y at the TGZ target,” said Peter Cashin, Imperial’s President & Chief Executive Officer. “Drilling has now defined the Zone on 50 m sections between Sections 350N and 600N and mineralization has been traced by drilling over 600m in total strike length from surface to a vertical depth of up to 200 m. Importantly, the zone appears to get wider and higher grade with depth.”
CURRENT DRILLING
To date, 10 drillholes for 1,403.7 m have been completed (Table 2, Figures 1, 2 and 3). All drillholes have intersected the target mafic intrusive host rock. The drilling indicates that the TG scandium Zone is doubly dipping between 83 0 west to 70 0 east, with a north-northeast strike direction. The widths of the mineralized zone vary between 55 and 135 m (180-443’) in true thickness. Mineralization is open at depth below the 200 m vertical level and along strike and appears as a thickening, conical-shaped body in cross-section.
Table 1 - Crater Lake Drilling Best Assay Results:
Hole# From (m) To (m) Interval (m) Sc (g/t) Sc2O3 (g/t) TREO+Y (%)
CL21040 20.85 101.5 80.2 187 287 0.320
Incl. 42.51 57.0 14.49 214 328 0.352
and Incl. 60.97 95.50 34.5 212 325 0.350
CL21041 9.9 28.47 18.57 228 350 0.420
CL21042 46.95 81.38 34.43 198 304 0.380
Incl. 48.5 71.0 22.5 215 330 0.410
And 111.34 203.86 92.5 190 291 0.320
Incl. 117.5 168.80 51.3 224 344 0.368
CL21043 9.4 32.40 23.0 199 305 0.390
Incl. 9.4 28.04 18.6 219 336 0.393
NOTES: - 1 ppm of Sc metal equals 1.5338 ppm scandium oxide (Sc2O3) ; 1 g/t equals 1 ppm. TREO+Y includes oxides of La, Ce, Pr, Nd, Sm, Eu, Gd, Tb, Dy, Ho, Er, Tm, Yb and Lu plus Y.
SECTION 450N DRILLING
CL21044 – The hole intersected a cumulative thickness of 100.3 m of Sc-bearing mafic Olivine Ferrosyenite (OLFESYN) intrusive with narrow intersections of Pyroxene-rich ferrosyenite (PXFESYN), historically observed to contain higher scandium grades.
CL21045 – The hole was a shallow overcut to CL21044. Drilling intersected 68.3 m (224’) of continuous OLFESYN containing narrow intersections of higher-grading PXFESYN from 18.7 to 87.0 m in the hole.
SECTION 400N DRILLING
CL21046 – This hole intersected a cumulative 71.5 m (234.5’) of Sc-bearing OLFESYN commencing at 43.0 m in the hole. Narrow intersection of magnetite-rich PXFESYN from 83.0 to 92.0 m were observed in the hole. This material has historically returned the very highest scandium grades observed on the property.
CL21047 – This hole was an overcut to 21046 to bring the projection of the TG Zone to surface. The hole intersected a cumulative thickness of 66.5 m of OLFESYN, starting at 13.2 m in the hole.
SECTION 600N DRILLING
CL21048 - The hole intersected a continuous 116.5 m (382’) interval of favourable OLFESYN from 50.5 to 167.0 m.
CL21049 - The hole was an overcut to hole CL21048 and intersected a continuous 78.0 m (255.8’) interval of favourable OLFESYN from 37.0 to 115.0 m.
Drilling of hole CL21050 on Section 350N is currently in progress.
The core samples from holes CL21044 to CL21049 have been sent out for analyses and are expected to be delivered to Activation Laboratories later this week. Results are anticipated to be delivered within three weeks of receipt of this shipment.
Table 2 – Borehole Location Table – Crater Lake Project, Quebec
Borehole Number Section Easting Northing Azimuth Dip Final Length
CL21040 550 440895 6133765 305 -47 117.0
CL21041 500 440823 6133748 305 -45 50.3
CL21042 550 440937 6133733 305 -50 213.9
CL21043 550 440867 6133786 305 -47 69.9
CL21044 450 440826 6133687 305 -47 186.8
CL21045 450 440792 6133711 305 -45 108.0
CL21046 400 440783 6133660 305 -47 190.0
CL21047 400 440757 6133678 305 -45 126.0
CL21048 600 440960 6133782 305 -47 208.0
CL21049 600 440930 6133802 305 -45 133.8
CL21050 350 440745 6133608 305 -47 In Progress
* Borehole coordinates Datum : NAD83 Zone 20N
QA-QC Protocol
Strict QA/QC protocols have been implemented for the Crater Lake Project, including the insertion of certified reference materials (standards), duplicates and blanks at regular intervals throughout the sequence of samples.
A total of 364 samples, including 23 QA-QC samples, were sent to an analytical laboratory. All sample preparation and analytical work was carried out by Actlabs at their facilities in Ancaster, Ontario. Several analytical techniques were used to characterize the samples, which are combined at Actlabs into the analytical package “8-REE”. This package includes whole-rock and trace element analytic techniques. Whole Rock analyses are done via a lithium metaborate/tetraborate fusion inductively coupled plasma (ICP) finish. Trace elements are also analyzed by fusion ICP/MS.
The technical content in this press release was prepared, reviewed and certified by Pierre Guay, P. Geo., Imperial's Vice-President, Exploration, a Geologist and Qualified Person as defined by NI43-101.
skifam
4年前
Imperial and SOQUEM Close the Transaction to Exchange Quebec Base Metal and Gold Property Interests
MONTREAL, April 16, 2021 - Imperial Mining Group Ltd. ("Imperial") (TSX VENTURE: IPG; OTCQB: IMPNF) is pleased to report that it has closed the transaction announced on March 21, 2021 with SOQUEM Inc., a Quebec Crown Corporation (“SOQUEM”) (the “Transaction”).
As part of the Transaction, Imperial Mining has sold its 100% undivided interest in the Carheil-Brouillan copper-zinc-silver property in Quebec to SOQUEM in exchange for a cash payment of $450,000. Imperial will retain a two per cent (2%) Net Smelter Royalty (“NSR”) on the property, which can be acquired by SOQUEM for an additional cash payment of $2.0 million. In addition, SOQUEM has transferred its 50% Joint Venture interest in the La Roncière gold property, giving Imperial a 100% interest, in exchange for a one and one quarter per cent (1.25%) NSR, which can be acquired by Imperial for $1.25 million in cash at any future date.
Carheil-Brouillan Property
As reported on March 21, 2021, Imperial is selling its 100% interest in the Carheil-Brouillan Project, located 120 km north of the town of La Sarre, Quebec and 5 km southwest of the former Selbaie Mine and consisting of 114 contiguous mining claims covering 5,425.2 ha. The Project can be accessed via Highway 393 going from La Sarre to Villebois and then north to the former Selbaie Mine.
La Roncière Gold Property
As part of the Transaction, SOQUEM has transferred its 50% JV interest to Imperial in the La Roncière gold property to give Imperial a 100% undivided interest in the property. The project is located 35 km east of Desmaraisville, Quebec and consists of 45 contiguous claims covering 2,509.95 ha and is accessible via Highway 113 going from Val d’Or to Chibougamau, Quebec.
ABOUT IMPERIAL MINING GROUP LTD.
Imperial is a Canadian mineral exploration and development company focused on the advancement of its technology metals projects in Québec. Imperial is publicly listed on the TSX Venture Exchange as “IPG” and on the OTCQB Exchange as “IMPNF” and is led by an experienced team of mineral exploration and development professionals with a strong track record of mineral deposit discovery in numerous metal commodities.
ABOUT SOQUEM
SOQUEM, a subsidiary of Investissement Québec, is dedicated to promoting the exploration, discovery and development of mining properties in Quebec. SOQUEM also contributes to maintaining strong local economies. A proud partner and ambassador for the development of Quebec’s mineral wealth, SOQUEM relies on innovation, research and strategic minerals to be well-positioned for the future.
skifam
4年前
Rio Tinto Makes First Sale of Aluminium-Scandium Alloy for 3D Printing
Dear Investor,
Rio Tinto has signed an agreement to provide a first commercial batch of high-performance aluminium-scandium alloy from its North American operations to Amaero, a leader in metal additive manufacturing. Amaero, having recently closed a A$9,000,000 financing and continuing to raise up to A$3,000,000 more, is poised to capture the potential of high-tech metals market that has advanced applications in the defence industry.
Rio Tinto's announcement is a stepping stone for the wider adoption of scandium and scandium-aluminum alloys. The market is still lacking in appreciation as there is not enough reasonably priced and sustainable sources of scandium production. This is where we believe Imperial and its Crater Lake Scandium Project come to play as it could provide the market with a long-term, high-purity bedrock scandium source at a disruptive price. CA$2,000,000 is allocated to advance the Crater Lake project in the next phase of development, including a definition drilling program, 43-101 resource estimate and 43-101 PEA.
ABOUT IMPERIAL MINING GROUP LTD.
Imperial is a Canadian mineral exploration and development company focused on the advancement of its technology metals projects in Québec. Imperial is publicly listed on the TSX Venture Exchange as “IPG” and on the OTCQB Exchange as “IMPNF” and is led by an experienced team of mineral exploration and development professionals with a strong track record of mineral deposit discovery in numerous metal commodities.
For further information, please contact:
Peter J. Cashin, President & CEO
Phone: +1 (514) 360-0571
Email: info@imperialmgp.com
CHF Capital Markets
Iryna Zheliasko
Manager, Corporate Communications
Phone: +1 (416) 868-1079 x229
Email: iryna@chfir.com
This press release may contain forward-looking statements relating to the Company’s operations or to its business environment. Such statements are based on the Company’s operations, estimates, forecasts, and projections, but are not guarantees of future performance and involve risks and uncertainties that are difficult to predict or control. Several factors could cause actual outcomes and results to differ materially from those expressed. These factors include those set forth in the corporate filings. Although any such forward-looking statements are based upon what management believes to be reasonable assumptions, the Company cannot guarantee that actual results will be consistent with these forward-looking statements. In addition, the Company disclaims any intention or obligation to update or revise any forward-looking statements, for any reason. We also do not commit in any way to guarantee that we will continue reporting on items or issues that arise. Investors are cautioned that this press release contains quoted historical exploration results. These are derived from filed assessment reports and compiled from governmental databases. The Company and a QP have not independently verified and make no representations as to the accuracy of historical exploration results: these results should not be relied upon. Selected highlight results may not be indicative of average grades.
Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.
TradersQue
4年前
The share information below is for the primary OTCQB traded security as of the latest practicable date:
Trading Symbol IPG on TSXV
The data in this chart is as of: February 18 2021
Shares Authorized (A) Unlimited
Total Shares Outstanding (B) 134,143,551
Number of Restricted Shares (SEE NOTE 1 BELOW) (C)
Unrestricted Shares Held by Officers, Directors, 10% Control Persons & Affiliates (D) 22,989,354
Public Float: Subtract Lines C and D from Line B (E) 111,154,197
% Public Float: Line E Divided by Line B (as a %) (SEE NOTE 2 BELOW) (F) 83%
Number of Beneficial Shareholdersof at least 100 shares (SEE NOTE 3 BELOW) (G) 1,300