Imperial Mining Group Ltd. is pleased to announce that it has partnered with Investment Quebec and the Baie-Comeau Regional Industrial Development Agency to undertake a comprehensive scandium market study. The study will look at the benefits of establishing a North American supply of scandium and scandium-aluminum alloys products and determine the industrial and technological development impacts on the Baie-Comeau region [...]
Highlights: Assay results from a two-hole test drilling program of the STG Zone returned an impressive intercept of 115.8 m grading 252 g/t scandium oxide , including 28.1 m grading 265 g/t Sc2O3 and 22.5 m grading 276 g/t Sc2O3. Elevated levels of total rare earth oxides plus yttrium of up to 0.475 % characterize the scandium-bearing horizon. 2021 channel sampling of the surface projection of the mineralization traced [...]
Imperial Mining Group Ltd. is pleased to announce that it has nominated Mr. Nick Nikolakakis, MBA, to the Board of Directors. Nick Nikolakakis, MBA, Director We are pleased to announce that Nick Nikolakakis has accepted to join Imperial Mining Group's Board of Directors. Mr. Nikolakakis has over 26 years of senior management, strategic and capital planning, and finance and accounting experience within the mining sector [...]
Highlights: Imperial's independent qualified persons report Indicated Resources of 7.3 million tonnes grading 282 g/t Sc2O3 and Inferred Resources of 13.2 million tonnes grading 262 g/t Sc2O3 for the Northern Lobe of the TG Scandium Zone. Determinations of magnet rare earth oxides were made for both resource categories. Using a Net Smelter Return cut-off value of $CAN110.80/t, the value of the mineralization was [...]
Imperial Mining Group Ltd. is pleased to announce that it has nominated Mr. Jeff Swinoga, CPA, as its new Chairman of the Board of Directors. Jeff Swinoga, CPA, Chairman of the Board We are honoured to announce that Jeff Swinoga has accepted to assume the role of Chairman of the Board of Directors of Imperial Mining Group Ltd., effective immediately. Jeff Swinoga is a highly accomplished mining executive with more than 25 [...]
Imperial Mining Group Ltd. and partner FusiA Groupe , collectively "Consortium", are pleased to announce that they have been awarded funding, as a Consortium, for a scandium-aluminum material R&D project valued at CAN$2,600,520 from a Federally-funded not-for-profit institution. The project will focus on the industrialization and the development of a vertically integrated supply chain for a scandium-aluminum alloy for 3D [...]
Imperial Mining Group Ltd. and partner Eck Industries are pleased to announce that they have completed a successful series of tests based on scandium-modified aluminum-magnesium alloy components and have collected characterization data for the material. The test data shows that the material properties for EV battery box requirements, as specified by a major North American automotive manufacturer, have been met or [...]
Highlights: Imperial's independent qualified persons report Indicated Resources of 7.3 million tonnes grading 282 g/t Sc2O3 and Inferred Resources of 13.2 million tonnes grading 262 g/t Sc2O3 for the Northern Lobe of the TG Scandium Zone. Determinations of magnet rare earth oxides were made for both resource categories. Using a Net Smelter Return cut-off value of $CAN110.80/t, the value of the mineralization was [...]
Imperial Mining Group Ltd. is pleased to announce that it closed the second and last tranche of a non-brokered private placement of 3,516,666 units at a price of $0.15 per Unit, for an aggregate gross proceeds $527,500. The Corporation was thus able to raise a total of $1,346,500 in the Offering with both tranches. Each Unit is comprised of one common share and one a Share purchase warrant , with each Warrant entitling [...]
Imperial Mining Group Ltd. is pleased to announce that it closed the first tranche of a non-brokered private placement of 5,460,000 units at a price of $0.15 per Unit, for an aggregate gross proceeds $819,000. The Offering is set for an aggregate gross proceeds of a maximum of $1,500,000. Each Unit is comprised of one common share and one a Share purchase warrant , with each Warrant entitling the holder to acquire one [...]
Imperial Mining Group Ltd. is pleased to announce that it has mobilized its exploration team to execute the corporation's summer plans at the Crater Lake scandium-rare-earth project in northeastern Quebec. "We are now in the final stages of the surface evaluation of our Crater Lake property," said Peter Cashin, Imperial's President & Chief Executive Officer. "In addition to delivering the inaugural 43-101 resource [...]
Company invites individual and institutional investors, as well as advisors and analysts, to attend real-time, interactive presentations on VirtualInvestorConferences.com Imperial Mining Group Ltd. , based in Quebec, Canada, focused on technology metals and critical metals such as scandium and rare earths, announced that Peter Cashin, President & CEO, will present live at VirtualInvestorConferences.com on July 29th at 3 [...]