 Hello, everyone. This is Byron King and Jack Lifton with Investor Intel. Today we are going to speak with Peter Cashin, who runs a junior exploration company called Imperial Mining Group, which works in way northern Quebec on a project that involves rare earths, which you understand, but scandium, which very few people understand. We've talked about rare earths many, many times. I don't believe we've really talked about scandium at all. It's a miracle metal. It's one of those, you know, alien kind of things that has astonishing properties. You add it to aluminum, and it strengthens the, strengthens aluminum greatly. I hold in my hand here a model of a Russian Sukhoi 35 jet fighter bomber. It's their most advanced aircraft. The wings in it, much of the aero structure includes scandium reinforced, aerospace grade aluminum, and it's quite an impressive aircraft. Having said all of that, we will also, you know, mention that one of the great and principal sources of scandium in the world happens to be Russia. And as everyone certainly is aware, there are grave problems in the world, you know, concerning Russia, the Ukraine, the war that's going on, and the sanctions against Russia. We're not going to get into the issues of the war. I mean, you know, you read the newspapers and what have you, we have to be a little more detached from it today. So pardon if we seem a little clinical, but this is this is why we're here, is to get away from the emotion and talk about the investment opportunities. Peter Cashin, give us a brief rundown on what it is that you have and what is the status of your scandium mineral development at a place called Crater Lake? Thanks, Byron. Yeah, it's a discovery we made in 2014 when I was running Quest Rare Minerals and we've subsequently recognized, number one, that there's a severe lack of opportunity or a severe lack of sustainable supply. And as you rightly pointed out, I think people understand that certainly the consumers in the area is aerospace, automotive defense, understand its significant properties and how it could really improve the performance of their platforms. We've now moved the project. When we got onto the ground, recognize the scanning potential. We did quite a bit of field work and we recognize that the scandium horizon now has been traced around for 14 kilometers. It's related to what they call a ring dike complex with a caldera collapse. So there's a volcanic neck. You have the collapse of the center of the caldera and it basically caused the using of the scandium bearing material up the ring fault system that was created from that event. And we've actually traced it around now for 14 kilometers and we've got about four separate deposit areas of interest, one of which we've now moved into a resource category and we're working towards preliminary economic assessment on the project, which should be deliverable, I would say within the next month or so. So in terms of mining, we were talking earlier, so we'll skip over the dancing around here. You're talking about a surface mine. You just dig into it. You're not going to have to tunnel down initially, are you? Initially, no. It comes to surface, so it would be an open pitable opportunity. The resource itself we've defined as about 20 million tons in all categories, down from surface to 200 meters. But the system is completely wide open and obviously the pit will go down a certain level when the economics are less favorable and at that point, time likely, we get the bottom of the pit, then we would start tunneling down to catch the vertical extension of the zone. We know from our modeling that it goes down at least a kilometer. So I think we've got a lot of room to expand the resource potential of the opportunity. Globally, there's about 35 to 40 tons a year of this material produced, almost all of it in China and Russia. Obviously, these are countries that are not exactly where we want to build our aerospace industry, make it reliant on. Jack, we were talking earlier. Jack, you have some comments on this. Why don't you chime in and then ask your questions. Peter, we need to know why should we care about Scandia? One, two, when are you going to produce it and how much you're going to produce and are you going to be competitive? The answer to your first question, as Byron pointed out, by inputting small quantities of Scandium into aluminum metal as low as 0.2 to 0.4 percent, you can increase the mechanical properties of that aluminum alloy by as much as 800 percent, so eight times. So we are driving towards reducing the carbon footprint of the transportation industry, as well as application in aerospace, application, defense, as well as in fuel cells, alternative energy. So all of those things, and how do you get there? You get there by lightening up the platform itself and Scandium is a very, well, it's an equal replacement to existing materials that are used in certainly the aerospace industry, titanium and steel and the rest. So that's one thing and then lightening up the platform, you're making it more fuel efficient, you're going to burn less fuel, you actually have significant fuel savings in those applications. My understanding also is that you get extreme corrosion resistance. I've seen photos of Scandium aluminum plates submerged in seawater for a great deal of time with no obvious corrosion. So I would assume that in our navy or naval applications, that would be a very, very big plus. It's also thermal resist thermal recrystallization. So in a high temperature environment, if you certain alloys recrystallize, in other words, they get coarser grain and in doing so you actually weaken the mechanical properties of that alloy. So because Scandium aluminum resists that recrystallization, it's able to maintain its physical properties. And it can be brought into high temperature applications. One of them that comes to mind is the housings to electric motors and EVs. Lots of heat is generated in those things and some of the automotive manufacturers we've been speaking to are looking for Scandium aluminum for that application. So Peter, we were talking earlier about how the market is very small right now, but it could grow possibly with more aerospace, automotive, energy applications such as, say, fuel cells. But for investors out there who are watching this show, could you describe Imperial Mining? What's the nature of the company? What's your share structure? How are you doing in terms of money in the bank and where do you go in terms of your program over the next year and two? Well, we're listed both on the TSIX Venture Exchange as well as the OTCQB. So we have a U.S. presence. We just did a financing in December this past year for $3 million. So we've got about $2.8 million into the till right now, which is from our projections of activity expenditure. It's more than covers it. We've had to finance at low share prices just for the sake of getting the capital to move the project forward. But with our view is that with the announcement of the PEA coming up, the market will be able to put a value on the proposition of development of our Scandium Opportunity. Is this the kind of thing, this is kind of program where you would be looking for a larger partner or an offtake agreement with a downstream user to either bring in funding or bring in some sort of expertise or other assets to the play? That's correct. I mean, we're having those discussions with the automotive, the defense sector, some players in the aluminum production space. The idea being their offtake, obviously, we announced activities and development, alloy development with the ec industries in Wisconsin. The application is to look, their client, which is a major global automotive manufacturer, was looking for material for the use in their battery box. So the battery box not only contains the electric, the battery cells for an EV, but it also has to provide strength because that's ultimately the chassis of your automobile. We're in the prototype stage for the battery box. If approved, that could convert into a very significant offtake agreement with that automotive manufacturer. So we're having other discussions in the defense industry because they've been told by the US government that they have to lighten up their platforms. So Scandium aluminum is a viable replacement to steel armor plate on things like tanks and personnel carriers. Jack, you mentioned marine applications. The issue is that the LCS program, they've had difficulties with cracking of wells and they've had to put those, and those are the ships, but they don't have a 90 degree angle. They're all, they're actually radar transparent. They've had issues with cracking of wells and they had to dry dock them on an annualized basis to check the wells and replace them. The moment you put that Scandium aluminum, that Scandium and aluminum for well purposes, you eliminate the cracking issues. So I think it would be the US government's considering canceling that program. I think this Scandium aluminum would actually be a savior to that program. The issue here is this is really, Scandium is a critical material of burning because it is very scarce and it's going to go, if you in fact begin production, you mentioned in a previous discussion that you would reach an 80 ton a year plus production level sometime towards the end of this decade. That would make you the largest Scandium producer in the world by far and would make Canada and Quebec the world center of Scandium. Now I believe that that's going to happen. I really do and I believe that we're going to add Scandium to the list of critical materials because as you say, there are some applications for which there's no other solution and there won't be any other solution. So got to wish you luck Peter. You've got quite a complex road to hold. This is not your father's junior mining company. You are a serious shot at vertical integration into an end-use product and we wish you the best of luck. Thank you. And for investors out there who are watching this, I refer you please to the Imperial mining website where they have an excellent presentation that highlights a lot of the things that we've discussed in greater detail, including comparisons with other potential Scandium plays out there. And when you look at the numbers, you will see that Imperial is a very, very strong play. As mines and minerals go, it's great numbers, great ore, great grade. And then I would just say that in my own opinion, I think they have a phenomenal geological feature there. It's very, very rare in this world and Imperial controls it. Jack, thank you. Peter, thank you. And we'll call it quits for now. Good investing to everyone and best wishes to everyone across the world. This war situation is terrible. We're being clinical here, but it creates other opportunities which you can take advantage of. Thanks, Byron. Thanks, Jack. Have a good day.