Scandium Canada Ltd V.SCD

IPG RECEIVES HIGHLY ENCOURAGING NI 43-101 RESOURCE ESTIMATE

[ScandiumPower]

• 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/

[Alyon90]

Well according to the report, the have the ability to mine 81100000 dollars worth of mineral and ore. Yes, 8.1 billion dollars. Divide that by shares out and you get a 55 dollar evaluation. Crazy.