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 [...]
Highlights: Assay results from the first four drillholes continue to return impressive intercepts of 99.8 m grading 299 g/t scandium oxide , including 24.2 m grading 331 g/t Sc2O3 and 77.3 m grading 313 g/t Sc2O3. Elevated levels of total rare earth oxides plus yttrium of up to 0.46 % characterize the scandium-bearing intercepts. All drill assays have been received and the data has been transferred to our engineering [...]
Imperial Mining Group Ltd. is pleased to announce that it has developed an innovative process for extraction of scandium and rare earth elements 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 [...]
Highlights: Assay results from the first four drillhole continue to return impressive intercepts of 111.9 m grading 298 g/t scandium oxide , including 40.5 m grading 336 g/t Sc2O3and 34.77 m grading 321 g/t Sc2O3. Elevated levels of total rare earth oxides plus yttrium of up to 0.38 % characterize the scandium-bearing horizon. At current prices for the magnet rare earths the rare earth mineralization will provide the [...]
Imperial Mining Group Ltd. is pleased to announce that it has executed a letter of intent with Eck Industries to develop scandium-modified aluminum alloys for Transportation, Defence and Aerospace markets. The LOI will focus on alloy commercialization and direct platform applications. The research work will be directed towards developing a novel scandium-enhanced version of the currently commercially available 535 [...]
Imperial Mining Group Ltd. announces that Donald S. Bubar, Imperial's Chairman of the Board of Directors since the corporation's founding in 2018, has submitted his resignation as a member of the board, effective immediately. Mr. Bubar has agreed to continue to serve Imperial as a technical and strategic advisor. Peter J. Cashin, Imperial's Founder, President and CEO was nominated by the Board of Directors to assume the [...]
Highlights: Assay results from the first four drillhole continue to return impressive grades of 92.5 m grading 291g/t scandium oxide , including 51.3 m grading 344 g/t Sc2O3 and 80.2 m grading 287 g/t Sc2O3, including 325 g/t Sc2O3 over 34.5 m . Elevated levels of total rare earth oxides plus yttrium of up to 0.42% characterize the scandium-bearing horizon. At a gold price of $1,750US/oz and a scandium oxide price of [...]
Individual and institutional investors as well as advisors are invited to log-on to VirtualInvestorConferences.com to view presentations Virtual Investor Conferences, the leading proprietary investor conference series, today announced that the presentations from the April 22nd Critical & Strategic Mineral Investment Opportunities in Quebec investor conference are now available for on-demand viewing. https://bit.ly/2RXmo1J [...]
Company Executives share vision and answer questions live at VirtualInvestorConferences.com Virtual Investor Conferences, the leading proprietary investor conference series, today announced the agenda for the upcoming Virtual lnvestor Conference focused on Critical and Strategic Minerals Investment Opportunities in the Province of Quebec. Individual investors, institutional investors, advisors, and analysts are invited to [...]
Imperial Mining Group Ltd. is pleased to report that it has closed the transaction announced on March 21, 2021 with SOQUEM Inc., a Quebec Crown Corporation . 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 Net Smelter Royalty on the [...]