Post by
ScandiumPower on May 25, 2023 3:56am
Is Eck Industries one of the Strategic Partners ?
Copied from Imperial Mining Presentation May 2023: https://imperialmgp.com/investors/presentations/
Crater Lake in Review
Completed definition drilling on TG “North Lobe” Scandium Zone (14 holes-2,085 m)
Delivered a 43-101 Maiden Resource Estimate for the zone –sufficient for 40 years of production Was awarded a total of $3.0 million in Canadian & Quebec R&D grants
Material R&D with Eck Industries has developed a scandium-aluminum alloy for an EV battery box for a global automotive manufacturer –moved on to prototype development
Developed an efficient process to recover scandium and rare earths from Crater Lake mineralization applied for a patent with the US Patent Office
Completed and delivered robust 43-101 PEA which shows IRRa-t32.8% ; NPVa-t/10% $1.72 billion Completed drilling to convert Inferred category resources to Indicated/Measured in preparation for Feasibility Study start-up
Commenced environmental baseline data collection