Join today and have your say! It’s FREE!

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Please Try Again
{{ error }}
By providing my email, I consent to receiving investment related electronic messages from Stockhouse.

or

Sign In

Please Try Again
{{ error }}
Password Hint : {{passwordHint}}
Forgot Password?

or

Please Try Again {{ error }}

Send my password

SUCCESS
An email was sent with password retrieval instructions. Please go to the link in the email message to retrieve your password.

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.

Scandium Canada Ltd V.SCD

Alternate Symbol(s):  SCDCF

Scandium Canada Ltd., formerly Imperial Mining Group Ltd., is a Canadian technology metals company focused on advancing its flagship Crater Lake scandium and rare earth projects in Quebec. It specializes in mining exploration for gold, base metal and technology metal mining sites located in Canada. It is focused on the advancement of its Crater Lake Scandium-REE project in Northeastern Quebec. It also holds gold properties in the Abitibi greenstone belt. Its Crater Lake Project is located about 200 kilometers (km) northeast of Schefferville, Quebec. The property consists of about 96 contiguous claims covering 47 square kilometers. Its Opawica Project is located about 20 km East of Desmaraisville and is accessible via Highway 113 going from Val-d’Or to Chibougamau, Quebec. The property consists of about 42 contiguous claims covering 23.45 square kilometers. Its La Ronciere Project is located about 35 km East of Desmaraisville. The property consists of about 45 contiguous claims.


TSXV:SCD - Post by User

Post by ScandiumPoweron Sep 23, 2021 8:50am
190 Views
Post# 33903972

IPG RECEIVES HIGHLY ENCOURAGING NI 43-101 RESOURCE ESTIMATE

IPG RECEIVES HIGHLY ENCOURAGING NI 43-101 RESOURCE ESTIMATE
  • 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 (Nd, Pr, Dy, Tb) were made for both resource categories.
  • Using a Net Smelter Return (NSR) cut-off value of $CAN110.80/t, the value of the mineralization was determined to range between $CAN386-413/t.
  • The dimensions of the zone above the NSR cut-off were 300 m in strike length to a vertical depth of 200 m.
  • Mineralization remains open laterally and at depth, demonstrating the potential to increase the mineral resource with additional drilling
Besides od Scandium, very interesting levels of REE for EV motor magnets

43-101 COMPLIANT RESOURCE ESTIMATE TABLE

Category

Cut-off NSR ($/t)

Tonnage (Mt)

NSR total ($/t)

Sc2O3 (g/t)

Dy2O3 (g/t)

La2O3 (g/t)

Nd2O3 (g/t)

Pr2O3 (g/t)

Tb4O7 (g/t)

Indicated

110.8

7.3

413

282

66

606

596

160

12

Inferred

110.8

13.2

386

264

62

569

573

154

11


 
https://imperialmgp.com/news-releases/news/2021/imperial-mining-receives-highly-encouraging-ni-43-101-resource-estimate-for-the-tg-scandium-rare-earth-zone-remains-open-to/

<< Previous
Bullboard Posts
Next >>