Property Condition Assessment Report Template

By | September 22, 2021

MONTREAL, Aug. 18, 2021 (GLOBE NEWSWIRE) — Imperial Mining Group Ltd. (“Imperial”) (TSX VENTURE: IPG; OTCQB: IMPNF) is admiring to advertise that it has mobilized its analysis aggregation to assassinate the corporation’s summer affairs at the Crater Lake scandium-rare-earth activity in northeastern Quebec.

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“We are now in the final stages of the apparent appraisal of our Crater Lake property,” said Peter Cashin, Imperial’s President & Chief Executive Officer. “In accession to carrying the countdown 43-101 ability admiration on our TG Zone after this month, we attending advanced to carrying on the after-effects of the butt of the targets present on the Crater Lake property. We acutely acquire that abundant added analytical metal abeyant charcoal to be evaluated on our acreage as we acquire alone drill-tested one-quarter of the favourable 14-km-long mineralized horizon. We additionally intend to appraise a high-grade niobium-tantalum mineralized breadth articular in 2010, arctic and northwest of the scandium-bearing Crater Lake Complex.”

Summer 2021 Analysis Activities

The affairs will accommodate apparent appraisal of added acute scandium-rare-earth analysis targets alfresco of the accomplished TG Zone mineralized breadth (see Imperial columnist releases April 28, May 27, June 23, 2021; Figure 1). The targets were articular during appraisal of Imperial’s winter assignment affairs after-effects as able-bodied as above-mentioned geophysical and mapping analysis after-effects over the property. Affairs for the accumulating of a 50-tonne aggregate sample of accepted apparent mineralization at the STG mineralized Zone for use in a pilot bulb abstraction to added analysis and optimize Imperial’s metallurgical action adjustment (see Imperial columnist absolution ? June 9, 2021) will be completed. Assignment appraisal of the new apparent targets is planned for September (Figure 2).

In addition, abundant appraisal of absolute high-grade rare-earth niobium-tantalum occurrences, arctic and northwest of the Crater Lake Complex, accepted as the Crater Lake Extension acreage breadth (Figure 3), will be undertaken. In these areas, 2010 grab sampling after-effects of up to 9.28% niobium oxide (Nb2O5), 13.4% zirconium (Zr), 2.4% absolute attenuate earths oxides additional yttrium (TREO Y) and 3,020 ppm tantalum (Ta) were alternate acute added investigation. The areas accompany with all-encompassing TREO Y-Nb-Ta till geochemical and radiometric anomalies over the areas of the occurrences.

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The abstruse agreeable in this columnist absolution was prepared, advised and certified by Pierre Guay, P. Geo., Imperial’s Vice-President, Exploration, a Qualified Person as authentic by NI43-101.

ABOUT IMPERIAL MINING GROUP LTD.

Imperial is a Canadian mineral analysis and development aggregation focused on the advance of its technology metals projects in Québec. Imperial is about listed on the TSX Venture Exchange as “IPG” and on the OTCQB Exchange as “IMPNF” and is led by an accomplished aggregation of mineral analysis and development professionals with a able clue almanac of mineral drop analysis in abundant metal commodities.

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This columnist absolution may accommodate advanced statements apropos to the Company’s operations or to its business environment. Such statements are based on the Company’s operations, estimates, forecasts, and projections, but are not guarantees of approaching achievement and absorb risks and uncertainties that are difficult to adumbrate or control. Several factors could account absolute outcomes and after-effects to alter materially from those expressed. These factors accommodate those set alternating in the accumulated filings. Although any such advanced statements are based aloft what administration believes to be reasonable assumptions, the Aggregation cannot agreement that absolute after-effects will be constant with these advanced statements. In addition, the Aggregation disclaims any ambition or obligation to amend or alter any advanced statements, for any reason. We additionally do not accomplish in any way to agreement that we will abide advertisement on items or issues that arise. Investors are cautioned that this columnist absolution contains quoted absolute analysis results. These are acquired from filed appraisal letters and aggregate from authoritative databases. The Aggregation and a QP acquire not apart absolute and accomplish no representations as to the accurateness of absolute analysis results: these after-effects should not be relied upon. Selected highlight after-effects may not be apocalyptic of boilerplate grades.

Neither TSX Venture Exchange nor its Regulation Services Provider (as that appellation is authentic in the behavior of the TSX Venture Exchange) acquire albatross for the capability or accurateness of this release.

Figures 1 to 3 associated with this columnist absolution are accessible at:

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https://www.globenewswire.com/NewsRoom/AttachmentNg/eb631e22-3d28-4ff3-855f-13c0459a6bd8

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