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Imperial Mining Crater Lake Drilling Intersects New Zone: Returns 115.8 m of Scandium-Rare Earth Mineralization
Highlights: Assay results from a two-hole test drilling program of the STG Zone returned an impressive intercept of 115.8 m (379.9’) grading 252 g/t scandium ox
About this update from Scandium Canada Ltd Class A
[{"type":"text","content":" Highlights: Assay results from a two-hole test drilling program of the STG Zone returned an impressive intercept of 115.8 m (379.9’) grading 252 g/t scandium oxide (Sc2O3), including 28.1 m (92.2’) grading 265 g/t Sc2O3 and 22.5 m (73.8’) grading 276 g/t Sc2O3. Elevated levels of total rare earth oxides plus yttrium (TREO+Y) of up to 0.475 % characterize the scandium-bearing horizon. 2021 channel sampling of the surface projection of the mineralization traced over a strike length of over 535 m (1,755’), returned up to 9.6 m grading 247 g/t Sc2O3 and 0.38% TREO+Y. In addition, an 18-tonne bulk sample from the new zone was collected and delivered to Sept-Iles, Quebec for use in a planned Pilot Mill study in 2022. MONTREAL, Dec. 07, 2021 (GLOBE NEWSWIRE) -- Imperial Mining Group Ltd. (\"Imperial\") (TSX VENTURE: IPG; OTCQB: IMPNF) is pleased to announce that it has received significant scandium and rare earth assays from Crater Lake summer drilling over the new STG Zone, 2.0 km south of the TG North Lobe Resource (see Imperial Mining press release: September 23, 2021). Assay results were returned from the known host scandium-bearing olivine ferrosyenite. A total of 23 channel samples representing a cumulative length of 23.4 m (Figure 1) as well as assays from a two-hole, 345 m drill program were received from the assay lab. “The summer program over the STG Zone came as little surprise and adds to the already significant scandium resource potential of the Crater Lake property,” said Peter Cashin, Imperial’s President & Chief Executive Officer. “What was particularly impressive was the strike length of the surface exposure of the new zone of at least 535 m. Future exploration programs will be oriented to expanding the areas of known mineralization and probe new mineralized target areas.” CURRENT DRILLING AND CHANNEL SAMPLING PROGRAM Table 1 – Best STG Zone Best Drilling Results, Crater Lake Project, Quebec Hole # From (m) To (m) Interval (m) Sc (g/t) Sc2O3 (g/t) TREO+Y (%) CL21054 40.70 156.50 115.80 164 252 0.366 Incl. 40.70 68.80 28.10 173 265 0.475 Incl. 121.50 144.00 22.50 180 276 0.345 Table 2 –STG Zone Channel Sampling Best Results, Crater Lake Project, Quebec Channel # Interval (m) Sc (g/t) Sc2O3(g/t) TREO+Y (%) Zone 3 A 9.60 161 247 0.383 Zone 3 B 4.80 153 235 0.339 Zone 3 C 6.00 153 235 0.344 Zone 3 H 3.00 178 273 ...