Post by
ScandiumPower on Apr 07, 2021 9:13am
Good early results from Crater Lake drilling program
Early Crater Lake drilling on the TG scandium mineralized zone has confirmed the substantial intersection widths of scandium-bearing olivine ferrosyenite. This rock type is geologically similar to scandium-mineralized units observed during the 2019 TG Zone winter program.
The drilling continues towards collecting sufficient drill data to undertake a 43-101 preliminary Resource Estimate of the Zone later in the spring.
“These early results confirm the significant potential of the TG mineralized zone, defined over a minimum strike length of 600 m, to a depth of 200 m and up to 110 m in true thickness,” said Peter Cashin, Imperial’s President & CEO. “The new drilling shows good continuity of the scandium mineralized olivine ferrosyenite unit over intersection widths of up to 158 m (515 feet). We have now brought the zone to surface on two drill sections and will be defined to a vertical depth of 125 m and over a strike length of 600 m. This will provide us with sufficient data to satisfy the minimum tonnage threshold required for our subsequent PEA study work.”
https://imperialmgp.com/news-releases/news/2021/imperials-early-crater-lake-drill-results-confirms-substantial-widths-of-scandium-bearing-olivine-ferrosyenite/
Comment by
Yifto1 on Apr 08, 2021 5:31am
Solid news. Blgv just bought added more IPG. News out every few weeks. Big boys will hopefully wake up to the Scadium play soon.
Comment by
ScandiumPower on Apr 12, 2021 1:34pm
The drilling will prove at least 10 to 20 million tons of good grade ore securing operation for 20 to 30 years.
Comment by
Yifto1 on Apr 12, 2021 11:26pm
Where do you see the stock going? Rio Tinto make a play for them? I hope they stay independent