Imperial Mining Crater Lake Drilling Intersects New Zone: Returns 115.8 m of Scandium-Rare Earth Mineralization
December 07 2021 - 7:30AM
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 |
0.364 |
NOTES: - 1 ppm of Sc metal
equals 1.5338 ppm scandium oxide (Sc2O3) ; 1 g/t equals 1 ppm.
TREO+Y includes oxides of La, Ce, Pr, Nd, Sm, Eu, Gd, Tb, Dy, Ho,
Er, Tm, Yb and Lu plus Y.
STG ZONE DRILLING
A two-hole drilling program for 345.1 m was
undertaken to undercut positive channel sampling and geophysical
results (Table 2, Figures 1-2) over the new zone. The drilling was
completed on October 18, 2021.
SECTION 300S DRILLING
CL21054 - |
This hole intersected a cumulative 137.5 m (451’) of variably
Sc-mineralized olivine ferrosyenite (OLFESYN) commencing at 41.0 m
in the hole (see Figure 2). The hole undercut a previous channel
sample assay of 283g/t
Sc2O3
and 0.361% TREO+Y/ over 7.0 m. |
SECTION 150S DRILLING
CL21055 - |
The hole was planned as an undercut and to be adjacent to the area
of where a 18 tonne bulk sample was collected during the summer
program as well as surface channel sampling results that returned
264 g/t
Sc2O3
over 7.85 m. The hole intersected non-mineralized
felsic syenite. A reduction of the magnetic intensity over the
drill area and the observed drillhole geology is interpreted to
have resulted in the OLFESYN at surface having been dyked-out by
the younger unmineralized intrusion. More drilling is planned to
better understand the geology in this area. |
Table 3 – STG Zone Borehole Location
Table – Crater Lake Project, Quebec
Borehole Number |
Section |
Easting |
Northing |
Elevation (m) |
Azimuth |
Dip |
Length (m) |
CL21054 |
150S |
440420 |
6131631 |
515 |
255 |
-50 |
213.4 |
CL21055 |
300S |
440366 |
6131775 |
522 |
255 |
-50 |
131.7 |
|
Total |
345.1 |
* Borehole Coordinate Datum: NAD83 Zone 20N
QA-QC Protocol
Strict QA/QC protocols have been implemented for
the Crater Lake Project, including the insertion of certified
reference materials (standards), duplicates and blanks at regular
intervals throughout the sequence of samples.
A total of 237 core samples and 23 channel
samples, including 19 QA-QC samples, were sent to an analytical
laboratory. All sample preparation and analytical work was carried
out by Actlabs at their facilities in Ancaster, Ontario. Several
analytical techniques were used to characterize the samples, which
are combined at Actlabs into the analytical package “8-REE”. This
package includes whole-rock and trace element analytic techniques.
Whole Rock analyses are done via a lithium metaborate/tetraborate
fusion inductively coupled plasma (ICP) finish. Trace elements are
also analyzed by fusion ICP/MS.
The technical content in this press release was prepared,
reviewed and certified by Pierre Guay, P.Geo., Imperial's
Vice-President, Exploration, a Geologist and Qualified Person as
defined by NI43-101.
ABOUT IMPERIAL MINING GROUP
LTD.
Imperial is a Canadian mineral exploration and
development company focused on the advancement of its technology
metals projects in Québec. Imperial is publicly listed on the TSX
Venture Exchange as “IPG” and on the OTCQB Exchange as “IMPNF” and
is led by an experienced team of mineral exploration and
development professionals with a strong track record of mineral
deposit discovery in numerous metal commodities.
For further information please
contact:
Peter J. CashinPresident and Chief Executive
OfficerPhone: +1 (514)
360-0571Email: info@imperialmgp.com |
CHF Capital MarketsCathy Hume, Chief Executive Officer
Phone: +1 (416) 868-1079 x251
Email: cathy@chfir.com |
Website:
www.imperialmgp.com
Twitter: @imperial_mining
Facebook: Imperial Mining
Group
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