Imperial Mining - CEO, Peter Cashin (left).
CEO, Peter Cashin (left).
Source: Imperial Mining Group.
Market Herald logo

Subscribe

Be the first with the news that moves the market
  • Imperial Mining Group (IPG) has developed an innovative process for extracting scandium and rare earth elements (REEs) from its Crater Lake scandium mineralization
  • The company continues to optimize the process with its hydrometallurgical development partners
  • The company is also planning to apply for a patent for the new process
  • Imperial is a Canadian mineral exploration and development company focused on the advancement of its technology metals projects in Québec
  • Imperial Mining Group (IPG) is down 5.00 per cent on the day, trading at $0.19 per share

Imperial Mining Group (IPG) has developed a process for extracting scandium and rare earth elements (REEs) from its Crater Lake scandium mineralization.

This innovative process is part of the third phase of the company’s hydrometallurgical development program.

“Along with our partners MPlan-Dorfner ANZAPLAN,” said Peter Cashin, Imperial Mining president and CEO, “we have now obtained high scandium and rare earth recoveries from both the mineral concentration and hydrometallurgical study phases of the program.”

“More importantly,” he added, “the process that we have developed is effective across the various mineralization types defined on the project thus far.”

The process involves treating mineral concentrate that was produced from drill core samples. With high rates of recovery of both scandium and REEs, it is an exciting step for Imperial Mining.

“We are extremely pleased with the results obtained to date from our metallurgical test work on Crater Lake mineralization,” remarked Mr. Cashin. “We are now ready to move to the final stages of our test work to recover a high-purity scandium oxide product.”

The company continues to optimize the process with its hydrometallurgical development partners and is planning to apply for a patent for the new process.

The phase III hydrometallurgical development program will aim to recover scandium as scandium oxide (Sc2O3) and total rare earth elements with yttrium (TREE+Y) and will be completed in the third quarter of 2021.

Imperial is a Canadian mineral exploration and development company focused on the advancement of its technology metals projects in Québec.

Imperial Mining Group (IPG) is down 5.00 per cent on the day, trading at $0.19 per share as of 1:55 pm ET.

More From The Market Herald

" Pure Gold Mining (TSXV:PGM) closes $31M non-brokered private placement

Pure Gold Mining (PGM) has closed the final tranche of a non-brokered private placement for total gross proceeds of C$31,086,144.
St. James Gold - CEO, George Drazenovic (left).

" St. James Gold (TSXV:LORD) revises brokered private placement

St. James Gold (LORD) is reducing the price of the units being offered in its recently announced brokered private placement from $0.60 to...
Traction Uranium

" Traction Uranium (CSE:TRAC) announces new chairman and CFO

Traction Uranium (TRAC) has appointed Mr. Blair Way as the Chairman of the Board of Directors and Tasheel Jeerh as Chief Financial Officer.
FireFox Gold Corp. (TSXV:FFOX) - President & CEO, Carl Löfberg.

" FireFox (TSXV:FFOX) completes initial drilling at its Finland projects

FireFox Gold Corp. (FFOX)has competed initial drilling at its Jessiö, Mustajärvi, and Sarvi Projects in Finland.