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Imperial Mining Awarded $245,355 from the Quebec Government to Optimize its Crater Lake Scandium Recovery Process
Imperial Mining Awarded $245,355 from the Quebec Government to Optimize its Crater Lake Scandium Recovery Process
MONTREAL, Feb. 08, 2022 (GLOBE NEWSWIRE) -- Imperial Mining Group Ltd. ("Imperial") (TSX VENTURE: IPG; OTCQB: IMPNF) is pleased to announce that it has been awarded a $245,355 grant from the Quebec Ministry of Energy and Natural Resources to undertake optimization work on its patent-pending (US Patent and Trademark Office provisional application #63/265,176) metallurgical process for Crater Lake scandium-rare earth mineralization.
"We are grateful to the Government of Quebec and the Ministry of Energy and Natural Resources for acknowledging Imperial's vision of developing a strong scandium and rare earth industry as supporting the Quebec Government's Green Economy Plan, 2030," said Peter J. Cashin, President and Chief Executive Officer of Imperial Mining Group. "The optimization work is intended to improve the scandium recovery, lower mine operating costs and reduce carbon footprint of Imperial's metallurgical process. This award is a key step in Imperial's long-term strategic goal of becoming the premier global supplier of scandium."
The grant is related to a four-year, $4.25-million financial support program announced by the Quebec Ministry of Energy and Natural Resources in September 2021. The program is intended to support companies in the field of mining exploration for the identification, exploration and development of high-potential critical and strategic mineral (CSM) projects in Quebec. Titled the Mining Exploration Support Program for Critical and Strategic Minerals, 2021-2024, the program provides financial assistance to mining exploration companies to advance the development of their CSM deposits in the Province.
The objectives of the Program are:
- To stimulate exploration activity for CSMs;
- Advance quality CSMs projects towards more advanced stages of the mineral development process;
- Assess the quality of potential minerals through optimized geometallurgy and geoenvironment work;
- Invest in geometallurgical and geoenvironmental technological development work to develop CSMs.
The optimization study is being undertaken by SGS Canada in their test lab in Ste-Foy, Quebec, and commenced on January 31st, with expected completion at the end of Q3 2022. Results from the work will aid in the engineering design of Imperial's pilot plant for the Crater Lake project.
This award compliments an earlier grant received from Investissement Quebec and Innovation and Development Manicouagan (see Imperial Press Release: December 20, 2021) to support a scandium market study. This study will assess the benefits of establishing a North American supply of scandium and scandium-aluminum alloy products. The study will also look at the industrial and technological development impacts on the Baie-Comeau region, in general, and the Quebec aluminum industry, in particular.
In a separate news, Imperial wishes to announce that Martin Nicoletti, Imperial's Chief Financial Officer since the corporation's founding in 2018, has submitted his resignation, effective immediately. He will be replaced by Mr. Patrick Masumpa, Imperial's Comptroller since 2021.
"The Board of Directors and myself wish to express our gratitude for Martin's expertise in competently managing Imperial's finances and supporting me in building Imperial Mining to become one of North America's leading explorers and developers of critical mineral resources, particularly scandium," said Peter Cashin, Imperial's President & Chief Executive Officer. "I am pleased that Martin will continue to support Imperial's growth as an advisor to the Corporation. We want to thank him for his important contribution to the Corporation and its shareholders and wish him much success with all of his future endeavors."
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.
Peter J. Cashin President and Chief Executive Officer Phone: +1 (514) 360-0571 Email: info@imperialmgp.com | CHF Capital Markets Cathy Hume, Chief Executive Officer Phone: +1 (416) 868-1079 x251 Email: cathy@chfir.com |
For further information please contact:
Website: Twitter: @imperial_mining Facebook: Imperial Mining Group
Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.
MONTREAL, Feb. 08, 2022 (GLOBE NEWSWIRE) -- Imperial Mining Group Ltd. ("Imperial") (TSX VENTURE: IPG; OTCQB: IMPNF) is pleased to announce that it has been awarded a $245,355 grant from the Quebec Ministry of Energy and Natural Resources to undertake optimization work on its patent-pending (US Patent and Trademark Office provisional application #63/265,176) metallurgical process for Crater Lake scandium-rare earth mineralization.
蒙特利尔,2022年2月8日(环球通讯社)帝国矿业集团有限公司(“帝国矿业”)(多伦多证券交易所创业板:IPG;OTCQB:IMPNF)很高兴地宣布,该公司从魁北克能源和自然资源部获得了245,355美元的赠款,用于对其正在申请专利的(美国专利商标局临时申请#63/265,176)火山口湖钪-稀土矿化冶金工艺进行优化工作。
"We are grateful to the Government of Quebec and the Ministry of Energy and Natural Resources for acknowledging Imperial's vision of developing a strong scandium and rare earth industry as supporting the Quebec Government's Green Economy Plan, 2030," said Peter J. Cashin, President and Chief Executive Officer of Imperial Mining Group. "The optimization work is intended to improve the scandium recovery, lower mine operating costs and reduce carbon footprint of Imperial's metallurgical process. This award is a key step in Imperial's long-term strategic goal of becoming the premier global supplier of scandium."
我们感谢魁北克政府和能源和自然资源部承认帝国能源发展强大钪和稀土产业的愿景,以支持魁北克政府的绿色经济计划,2030年帝国矿业集团总裁兼首席执行官Peter J.Cashin说,“优化工作旨在提高钪的回收率,降低矿山运营成本,减少帝国矿业冶金过程中的碳足迹。这一奖项是帝国能源公司成为首屈一指的全球钪供应商这一长期战略目标的关键一步。“
The grant is related to a four-year, $4.25-million financial support program announced by the Quebec Ministry of Energy and Natural Resources in September 2021. The program is intended to support companies in the field of mining exploration for the identification, exploration and development of high-potential critical and strategic mineral (CSM) projects in Quebec. Titled the Mining Exploration Support Program for Critical and Strategic Minerals, 2021-2024, the program provides financial assistance to mining exploration companies to advance the development of their CSM deposits in the Province.
这笔赠款与魁北克能源和自然资源部2021年9月宣布的一项为期四年、价值425万美元的财政支持计划有关。该计划旨在支持矿业勘探领域的公司在魁北克识别、勘探和开发高潜力的关键和战略矿产(CSM)项目。标题为2021-2024年关键战略性矿产勘查保障计划该计划为矿业勘探公司提供资金援助,以促进其在该省的CSM矿藏的开发。
The objectives of the Program are:
该计划的目标是:
- To stimulate exploration activity for CSMs;
- Advance quality CSMs projects towards more advanced stages of the mineral development process;
- Assess the quality of potential minerals through optimized geometallurgy and geoenvironment work;
- Invest in geometallurgical and geoenvironmental technological development work to develop CSMs.
- 激发CSMS的探索活动;
- 推动优质CSMS项目迈向矿产开发进程的更高级阶段;
- 通过优化几何和地质环境工作,评估潜在矿产的质量;
- 投资几何冶金和岩土环境技术开发工作,开发CSMS。
The optimization study is being undertaken by SGS Canada in their test lab in Ste-Foy, Quebec, and commenced on January 31st, with expected completion at the end of Q3 2022. Results from the work will aid in the engineering design of Imperial's pilot plant for the Crater Lake project.
优化研究由SGS加拿大公司在其位于魁北克省Ste-Foy的测试实验室进行,于1月31日开始ST,预计将于2022年第三季度末完成。这项工作的结果将有助于帝国能源公司火山口湖项目试点工厂的工程设计。
This award compliments an earlier grant received from Investissement Quebec and Innovation and Development Manicouagan (see Imperial Press Release: December 20, 2021) to support a scandium market study. This study will assess the benefits of establishing a North American supply of scandium and scandium-aluminum alloy products. The study will also look at the industrial and technological development impacts on the Baie-Comeau region, in general, and the Quebec aluminum industry, in particular.
该奖项是对魁北克投资公司和创新与发展公司Manicouagan早些时候为支持钪市场研究而获得的一项拨款的赞扬(见帝国新闻稿:2021年12月20日)。这项研究将评估在北美建立钪和钪铝合金产品供应的好处。这项研究还将考察工业和技术发展对拜科莫地区的总体影响,特别是对魁北克铝业的影响。
In a separate news, Imperial wishes to announce that Martin Nicoletti, Imperial's Chief Financial Officer since the corporation's founding in 2018, has submitted his resignation, effective immediately. He will be replaced by Mr. Patrick Masumpa, Imperial's Comptroller since 2021.
在另一则新闻中,帝国能源希望宣布,帝国能源自2018年成立以来的首席财务官马丁·尼科莱蒂(Martin Nicoletti)已提交辞呈,立即生效。他将由帕特里克·马桑帕(Patrick Masumpa)先生接替,他自2021年以来一直担任帝国理工学院的主计长。
"The Board of Directors and myself wish to express our gratitude for Martin's expertise in competently managing Imperial's finances and supporting me in building Imperial Mining to become one of North America's leading explorers and developers of critical mineral resources, particularly scandium," said Peter Cashin, Imperial's President & Chief Executive Officer. "I am pleased that Martin will continue to support Imperial's growth as an advisor to the Corporation. We want to thank him for his important contribution to the Corporation and its shareholders and wish him much success with all of his future endeavors."
帝国矿业公司总裁兼首席执行官彼得·卡申说:“董事会和我本人希望对马丁在胜任管理帝国矿业公司财务方面的专业知识表示感谢,并支持我将帝国矿业公司打造成北美领先的重要矿产资源(特别是钪)的勘探者和开发商之一。”我很高兴马丁将继续支持帝国能源公司作为公司顾问的发展。我们要感谢他对公司及其股东做出的重要贡献,并祝愿他在未来的所有努力中取得圆满成功。“
ABOUT IMPERIAL MINING GROUP LTD.
关于帝国矿业集团有限公司。
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.
Imperial是一家加拿大矿产勘探和开发公司,专注于推进其在魁北克的金属技术项目。Imperial在多伦多证券交易所创业板上市,代码为“IPG”,在场外交易市场(OTCQB)上市代码为“IMPNF”,由经验丰富的矿产勘探和开发专业团队领导,在多种金属商品中发现矿藏方面有着良好的记录。
Peter J. Cashin President and Chief Executive Officer Phone: +1 (514) 360-0571 Email: info@imperialmgp.com |
CHF Capital Markets Cathy Hume, Chief Executive Officer Phone: +1 (416) 868-1079 x251 Email: cathy@chfir.com |
彼得·J·卡申(Peter J.Cashin) 总裁兼首席执行官 电话: +1 (514) 360-0571 电子邮件:邮箱:info@imperialmgp.com |
瑞士法郎资本市场 首席执行官凯西·休姆(Cathy Hume) 电话: +1 (416) 868-1079 x251 电子邮件:邮箱:cathy@chfir.com |
For further information please contact:
如需更多信息,请联系:
Website: Twitter: @imperial_mining Facebook: Imperial Mining Group
网站: 推特:@IMARAL_MININGFacebook:帝国矿业集团
Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.
多伦多证券交易所创业板交易所及其监管服务提供商(该术语在多伦多证券交易所创业板政策中定义)均不对本新闻稿的充分性或准确性承担责任。
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