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/