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Imperial mobilizes drill crew to Crater Lake Scandium project in Québec

Aug 17, 2020

Imperial Mining Group Ltd. is pleased to announce that field crews conducting mapping and sampling have recently discovered several new areas of scandium mineralization on the 100% owned Crater Lake project. These new showings lie within the same 14-km arcuate magnetic trend hosting the three previously defined mineralized zones (Boulder, TGZ and STG) on the property. Assay results are expected in September. Presently, drill crews are mobilizing to the property to commence drill evaluation of the new showings and to expand the known TGZ and STG mineralized zones.

“The new discoveries are extremely positive news for Imperial in view of the rapidly growing demand and limited supply for this important new technology metal,” said Peter Cashin, Imperial’s President & Chief Executive Officer. “Scandium is showing increased demand for its use in high-strength, lightweight aluminum alloys in the aerospace, automotive, defense and alternative energy sectors. Currently, scandium is only produced as a minor by-product in China and Russia and, with supplies limited, it is our belief that Crater Lake represents an important alternative, primary scandium supply source to serve western consuming markets.” 

2020 Exploration Program

A 130-line km program of detailed ground magnetic surveys was recently completed by Abitibi Geophysics of Val d’Or, Quebec, at 50 m line spacings to better define the western corridor of the Crater Lake scandium mineralized trend. The objective of the survey work is to 1) refine our knowledge of the geometry of the new and existing mineralized zones, 2) identify the presence of as-yet to be discovered mineralization and, 3) refining drillhole targeting. 

This survey will be supplemented by a program of geological mapping, prospecting, trenching and channel sampling over the newly discovered mineralized areas (North, Hilltop and South; see Figure 2).

Drill crews are currently mobilizing to the property to complete a minimum six to eight drillhole program to evaluate the economic potential of the newly discovered mineralized areas and to expand the areas of known mineralization at TGZ and STG. The drilling will be undertaken by Avataa Rouiller Diamond Drilling of Amos, Quebec.

The current program will be completed in September. Assessment of the data collected by this work will be used for the planning of a winter 2021 definition drill program of the highest-grade part of the mineralized trend. A NI43-101 resource estimate will be prepared from the results of the definition drilling for anticipated Q2 2021 completion

Tags: Quebec / Exploration / Minerals / All Articles