Cashin on the scandium market and Imperial Mining's Crater Lake asset
Channel: InvestorCoffee
Date: 2018-07-18

"We are starting to do the metallurgy for scandium mineralization we have on the property. It is very positive. That is a process where we want to reduce the mine volumes by using magnetic concentration. It is looking like we will be able to reduce the amount of material we mine in half. That is important for reducing the footprint of the operation, reducing the transportation, infrastructure that is related to the project. Also there is a byproduct that we can actually sell out to the cement market." States Peter Cashin, President & CEO of Imperial Mining Group Ltd. (TSXV: IPG), in an interview with InvestorIntel Corp. CEO Tracy Weslosky.

Peter Cashin: We are starting to do the metallurgy for scandium mineralization we have on the property. It is very positive. That is a process where we want to reduce the mine volumes by using magnetic concentration. It is looking like we will be able to reduce the amount of material we mine in half. That is important for reducing the footprint of the operation, reducing the transportation, infrastructure that is related to the project. Also there is a byproduct that we can actually sell out to the cement market. It is an iron powder product that they use as a strengthener and, again, always a reduction of the environmental footprint on the operation.

Tracy Weslosky: Many of you at InvestorIntel know who Peter Cashin is, but do you know who Imperial Mining is? Can you give us a bit of an overview of Imperial Mining?

Peter Cashin: Sure Tracy. Of course, when I left Quest I brought the Crater Lake, which was the Misery Lake scandium property. I was looking for a home for it. Initially I was thinking about going public with that entity. It did not work out, but we recently did an RTO with a Quebec-based explorer, NQ Exploration and they had some base metals and gold properties. I thought that is where investor intention was so we rolled those together to form Imperial. We went public on the TSX Venture just in January. 

Tracy Weslosky: For those of you out there watching leaders in our industry, Imperial Mining is one that we are all watching Peter. I think we should use this opportunity to maybe talk about what is happening with the scandium market...to access the complete interview, click here

Disclaimer: Imperial Mining Group Ltd. is an advertorial member of InvestorIntel Corp.