Imperial Mining Group Ltd. is to provide an update on progress made to date and future plans for the development of the 100% owned Crater Lake scandium project, northeastern Quebec. Imperial Mining management and staff have been working diligently throughout 2019 to prove the significant scandium resource potential of the Crater Lake project. A drive to enhance investor and consumer awareness of the critical importance of [...]
Imperial Mining Group Ltd. is pleased to announce the start of its 2019 summer exploration program on the 100% owned Opawica Gold project in the Abitibi region of northwestern Québec. The $100,000 summer program will consist of detailed geological mapping and geochemical sampling over the entire property to follow-up on the encouraging results from Imperial’s 2018 work program. The 2019 program will focus on [...]
Highlights: Remaining drill results from the winter drilling continue to return impressive grades of 95.5 m grading 314 g/t scandium oxide , including 16.3 m grading 353 g/t Sc2O3and 113.9 m grading 310 Sc2O3, including 354 g/t Sc2O3 over 12.0 m Elevated levels of total rare earth oxides plus yttrium of up to 0.622% characterize the scandium-bearing horizon. This broad scandium and rare earth mineralized package can be [...]
Highlights: Partial TG Zone drilling results returned up to 48.2 m grading 385 g/t Scandium Oxide , including 8.8 m grading 528 g/t Sc2O3 and including 12.5 m grading 474 g/t Sc2O3. Elevated levels of total rare earth oxides plus yttrium of up to 0.622% characterize the scandium horizon. The entire scandium mineralized package was found to be between 60 and 90 m in true thickness and is open at depth below 200 m down-dip [...]
Imperial Mining Group Ltd. is pleased to announce that it has closed the first tranche of 1,750,000 units and 2,711,112 common shares issued on a "flow-though" basis in the capital of the Corporation of a non-brokered private placement for gross proceeds of $384,000. This tranche is part of a total Offering of up to 15,000,000 Units at a price of $0.08 per Unit and 10,000,000 FT Share at a price of $0.09 per share. Each [...]
Imperial Mining Group Ltd. is pleased to announce that it has mobilized crews to commence diamond drilling activities on its Crater Lake scandium project, northeastern Québec . Crater Lake Project Location Map, Quebec Exploration Targets over Ground Magnetic Map, Crater Lake Project, Québec TG Zone Proposed Diamond Drilling, Crater Lake Project, Quebec The program calls for up to 2,500 m of diamond drilling [...]
Imperial Mining Group Ltd. is pleased to provide an update on its strategic scandium marketing initiatives on the Crater Lake Project, in Québec. Imperial’s President, Peter Cashin, will be speaking on the Crater Lake scandium opportunity at a major German automotive OEM Conference in Stuttgart in late February, and at PDAC 2019 in Toronto during the Technology Metals session on March 4th as detailed below [...]
Imperial Mining Group Ltd. is pleased to announce the start of its 2019 winter drilling program on the Carheil Copper-Zinc Project in the Abitibi region of northwestern Québec . The $1.0 million program operated by SOQUEM, will involve a minimum of 3,500 meters of diamond drilling to test high potential copper , zinc and gold targets on the new B26 basemetal horizon, south of the past-producing Selbaie Mine [...]
Imperial Mining Group Ltd. is pleased to announce that, further to its press release dated December 20, 2018, today it closed the second and final tranche of its previously announced non-brokered private placement . The Final Tranche resulted in the Corporation issuing 1,959,443 additional common shares in the capital of the Corporation, issued on a "flow-though" basis, at a price of $0.09 per Share, for total cumulative [...]
Imperial Mining Group Ltd. is pleased to announce that it has closed the first tranche of 9,003,890 common shares in the capital of the Corporation, issued on a “flow-though” basis, of a non-brokered private placement for gross proceeds of $810,350. This tranche is part of a total Offering of up to 16,666,666 Shares on a “flow-though” basis at a price of $0.09 per Share for total aggregate gross [...]
Imperial Mining Group Ltd. is pleased to announce that it has successfully closed the third and final tranche of its non-brokered private placement and issued 450,000 units of the Corporation at a price of $0.08 per Unit, for total cumulative gross proceeds of $436,600. Each Unit is comprised of one common share of the Corporation and one half of one Share purchase warrant, with each whole warrant entitling the holder to [...]
Imperial Mining Group Ltd. is pleased to provide an update on its numerous strategic scandium marketing initiatives for the Crater Lake Project, in Québec. This month Imperial will be participating in two major European conferences where it will be presenting the Crater Lake scandium opportunity to industrial users concerned about security of supply in the face of rapidly growing demand. Imperial has been active in [...]