Scandium Canada Ltd. Stock Price, News & Analysis

Imperial Mining Group and FusiA Groupe have been awarded CAN$2,600,520 in funding for a research and development project focused on scandium-aluminum alloys for 3D printing. The funding will be allocated 70% to Imperial and 30% to FusiA. This project aims to create a vertically integrated supply chain and promote job growth while enhancing Canada's industrial capabilities. Work is scheduled from September 2021 to February 2023, targeting sectors like electric vehicles and aerospace. The project reflects a strong business case supported by independent expert review.

MONTREAL, Sept. 28, 2021 - Imperial Mining Group Ltd. (OTCQB: IMPNF) and Eck Industries have successfully completed tests on scandium-modified aluminum-magnesium alloys. Results meet or exceed the material requirements for EV battery boxes from a major North American automotive manufacturer. Prototyping will commence as both companies explore business cases to enhance weight savings for the transportation sector. Investment initiatives targeting aerospace and defense partnerships are underway. Imperial is recognized as a key primary source of scandium in North America.

Imperial Mining Group announced its inaugural 43-101 Mineral Resource Estimate for the TG Scandium-Rare-Earth Zone. The independent report indicates Indicated Resources of 7.3 million tonnes grading 282 g/t Sc₂O₃ and Inferred Resources of 13.2 million tonnes grading 262 g/t Sc₂O₃. The Net Smelter Return (NSR) value of the mineralization ranges from $CAN386-413/t. The mineralization area shows potential for expansion with additional drilling.

MONTREAL, Sept. 16, 2021 - Imperial Mining Group Ltd. has completed the second tranche of a non-brokered private placement, raising a total of $1,346,500 through the issuance of 3,516,666 units at $0.15 per unit. Each unit consists of one common share and one share purchase warrant with an exercise price of $0.20 for 24 months. Proceeds will be used for exploration on the Crater Lake TG Zone scandium-rare earth deposit and other corporate purposes. The offering is subject to final approval from the TSX Venture Exchange.

Imperial Mining Group Ltd. announced the successful closing of the first tranche of a non-brokered private placement, raising $819,000 by issuing 5,460,000 units at $0.15 each. The offering aims for total proceeds of $1,500,000, with proceeds allocated for exploration on the Crater Lake TG Zone scandium-rare earth deposit, including optimization and bulk sampling. Notably, Belgravia Hartford Capital increased its stake from 10.87% to 11.15%. The deal is subject to TSX Venture Exchange approval.

Imperial Mining Group Ltd. (TSX VENTURE: IPG; OTCQB: IMPNF) has commenced its summer exploration program at the Crater Lake scandium-rare-earth project in northeastern Quebec. The company plans to finalize surface evaluations and deliver a 43-101 resource estimation for the TG Zone later this month. The project aims to assess additional high-priority targets and includes collecting a 50-tonne bulk sample to optimize metallurgical processes. Historical results indicate significant potential for niobium-tantalum in the Crater Lake Extension area, highlighting continued exploration efforts.

Imperial Mining Group Ltd. (OTCQB: IMPNF) will present live at VirtualInvestorConferences.com on July 29 at 3 pm ET. CEO Peter Cashin invites investors to engage in real-time Q&A during this online event. An archived webcast will also be available post-event. The company recently confirmed high grades from its Crater Lake scandium-rare-earth project, with significant scandium oxide intercepts and a new extraction process achieving up to 87% recovery. Investors are encouraged to pre-register for participation.

Imperial Mining Group has announced promising assay results from its winter drill program at the Crater Lake TG Zone, confirming significant scandium and rare earth mineralization. Key findings include intercepts of up to 99.8 m grading 299 g/t scandium oxide, with total rare earth oxides plus yttrium reaching 0.46%. This data will be used for a 43-101 resource estimation, scheduled for completion in July. The comprehensive drill program included 14 holes over 2,084.8 m, revealing a thick, continuous mineralized zone that remains open for further exploration.

Imperial Mining Group Ltd. (OTCQB: IMPNF) announced a breakthrough in scandium and rare earth element extraction at its Crater Lake project. The innovative two-stage hydrometallurgical method achieved 87% scandium recovery and 84% total rare earth element recovery from drill samples. The company plans to patent this process and aims for high-purity scandium oxide production, expected to complete testing by the third quarter of 2021. The extraction process is effective across various mineralization types identified on the site.