Imperial mining closed a private placement of shares for gross proceeds of $1.11 million

Published by

Sep 12, 2019

Imperial mining closed a private placement of shares for gross proceeds of $1.11 million. Aside for corporate purposes, the funds will allow us to continue to advance our Opawica Gold project as well as our flagship Crater Lake scandium-rare earth project. Specifically, we intend to complete surface evaluation and diamond drilling investigation of the Central Gold Zone at Opawica to follow up on historical drill results that returned up to 6.9 g/t gold (Au) over 3.8 m and 87.7 g/t Au over 1.5 m. In addition, we will complete the preliminary metallurgical testing of bulk sample material collected from TG Zone scandium-rare earth mineralization and additional surface evaluation of a new, high-grade target is, the Northern Target, that returned scandium grades of up to 1,634 ppm scandium (2,506 ppm scandium oxide).


Articles authored by Martin Signer

Published: Feb 7, 2018

Published: Apr 20, 2018

Published: Feb 7, 2019

Published: Feb 24, 2019

Published: Feb 25, 2019

Published: Mar 6, 2019

Published: Mar 16, 2019

Published: Mar 16, 2019

Published: Mar 28, 2019

Published: Apr 19, 2019

Published: Apr 21, 2019

Published: May 22, 2019

Published: Jun 11, 2019

Published: Jun 29, 2019

Published: Jul 8, 2019

Published: Jul 21, 2019

Published: Aug 15, 2019

Published: Aug 29, 2019

Published: Aug 30, 2019

Published: Sep 3, 2019

Published: Sep 5, 2019

Published: Sep 16, 2019

Published: Sep 19, 2019

Published: Sep 29, 2019

Published: Sep 29, 2019

Published: Oct 1, 2019

Published: Oct 2, 2019

Published: Oct 3, 2019

Published: Oct 11, 2019

Published: Oct 12, 2019