In this InvestorIntel interview during PDAC 2023, Byron W King talks to Imperial Mining Group Ltd.‘s (TSXV: IPG | OTCQB: IMPNF) President, CEO, and Director Peter Cashin about an update on Imperial Mining’s Crater Lake Project in Quebec, Canada that focusses on scandium and rare earths. Speaking about the NI 43-101 PEA for its Crater Lake Project, Peter provides an update on Imperial Mining’s patented technology for the extraction of scandium and rare earths.
With the global scandium supply dominated by Russia, Peter discusses how scandium is a critical mineral with several crucial applications in aerospace, defense, EV battery sector, and hydrogen production. He mentions that scandium is an important alloying agent with aluminum that makes it lighter, stronger, and corrosion and heat-resistant. He goes on to discuss how scandium can help in reducing carbon footprint as it is used in solid oxide fuel cells and will be part of the hydrogen infrastructure. Peter adds, “we’re working on some strategic alliances that I think will be very important announcements for our shareholders.”
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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.
To learn more about Imperial Mining Group Ltd., click here.
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This presentation may contain “forward-looking statements” within the meaning of applicable Canadian securities legislation. Forward-looking statements are based on the opinions and assumptions of the management of the Company as of the date made. They are inherently susceptible to uncertainty and other factors that could cause actual events/results to differ materially from these forward-looking statements. Additional risks and uncertainties, including those that the Company does not know about now or that it currently deems immaterial, may also adversely affect the Company’s business or any investment therein.
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