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Imperial Mining Commences Crater Lake Scandium Project Drilling Program, Northeastern Québec
MONTREAL, March 04, 2019 (GLOBE NEWSWIRE) -- Imperial Mining Group Ltd. ("Imperial") (TSX VENTURE: IPG) is pleased to announce that it has mobilized crews to co
About this update from Scandium Canada Ltd Class A
[{"type":"text","content":" MONTREAL, March 04, 2019 (GLOBE NEWSWIRE) -- Imperial Mining Group Ltd. (\"Imperial\") (TSX VENTURE: IPG) is pleased to announce that it has mobilized crews to commence diamond drilling activities on its Crater Lake scandium project, northeastern Québec (Figure 1). The program calls for up to 2,500 m of diamond drilling to be completed on the TG Zone (TGZ) target (Figure 2). The diamond drill program will commence in early March and is expected to be completed by the end of April. Data from this definition drilling will be used for a 43-101 Inferred Resource calculation, which is expected to be delivered by the end of May or early June. The ultimate objective of this exploration work is to deliver a Preliminary Economic Assessment on the scandium resource towards the end of the year or early 2020. The highest scandium grades obtained from the property were returned from a highly-magnetic pyroxenite horizon related to a 6-km diameter alkali intrusive Complex. Previous exploration programs over the pyroxenite target returned very high scandium grades in drilling of up to 167.8m grading 260 g/t Sc including 62.8 m grading 304 g/t Sc2O3 and including 27.6 m grading 351 g/t Sc2O3. In addition, previous drilling at the southern margin of the TGZ target returned a high-grade scandium intersection grading 506 g/t Sc2O3 over 19.0m. Imperial’s summer prospecting and grab sampling program over the TGZ target area returned between 404 g/t and 1,540 g/t Sc2O3 in outcrop (see Press Release: October 30, 2018). These grades compare well with those reported from other scandium resources presently being explored in Australia and the United States. The magnetic anomaly related to this target measures 600 m in strike length by 200 m wide and represents a very attractive scandium target for drilling (Figure 3). The drilling will be conducted along 100 m spaced sections with three (3) boreholes to be drilled per section (Figure 3) for a total of 15 holes. Forage Avataa-Rouillier of Kuujjuaq, Québec, is the contractor for the drill program. Samples collected from drilling will be submitted to Actlabs of Ancaster, Ontario for geochemical analysis upon completion of the program. A quality control program will be followed and certified standard and blank materials will be inserted at regular intervals throughout the sequence of samples. As wel...