 Well hello everybody this is Byron King with Investor Intel coming to you from Toronto, Ontario and PDAC the prospectors and developers Association of Canada the annual conference it's the biggest and the best. Lots of people here 20,000 or more. I have the pleasure today to speak with Peter Cashin of Imperial Mining. Imperial Mining which is a Scandium play in Quebec. Scandium being a critical element on the periodic table. Peter it's great to be with you. Hi Byron thanks nice being here. Thank you for people who are either new to the story or who need reminded. Give us a quick rundown of what is Imperial Mining? What do we do? Well Imperial Mining is developing a significant Scandium resource in Quebec. Scandium is an important alloy agent to aluminum. It's a strengthener, renders the alloy, corrosion resistant, heat resistant so it's got really important light weighting applications for transportation platforms where you want to reduce carbon footprint. It's used in solid oxide fuel cells that lowers the internal operating temperatures so it has application alternative energy and we're actually it's going to figure very strongly into hydrogen infrastructure which is something we're working on right now. Wow. Okay well my goodness there's so much there's so much to unpack there we have so little time. Scandium has been around for a while people have known about it for a hundred and something years but up until very recently most of the world Scandium came from Russia and it was a very small amount and so in that respect the western aerospace industry the western defense industry the aluminum industry didn't use very much of it. What's going on with developments in that sector anymore? Are you're developing something but is there more Scandium coming down the pipeline? It seems to be an important buzzword you're seeing a lot of juniors that are in the rare earth rare metal space they're always making mention a reference to Scandium. I think one of the more important developments is Rio Tinto's involvement with recovering secondary or byproduct Scandium from their waste streams in their titanium operation Quebec. In Quebec yet yeah they've started to produce more as I understand it for every pound of Scandium that Rio can produce they have a buyer for it don't they? Actually they're buying ahead they they made their first announcement of developing a demonstration plant to recover the Scandium and three tons which is like 15% of the world current market and that was sold forward and and now they're investing very heavily in and bringing up their production capacity to about 12 tons and it's an iron our understanding that that material is almost being completely sold forward as well. Again and for people who don't understand Scandium or whatever the quick story is you add a very small amount of Scandium to aluminum and you remarkably strengthen the aluminum you change its flexibility properties its corrosion resistance weldability the aerospace people love it the problem has been they could never get it unless you want to go to Russia. Now you're at a place called Crater Lake in Quebec what is Crater Lake? Crater Lake is basically it's a big caldera collapse that allowed access to the Scandium bearing melts and it's brought at the surface so it shows up as a beautiful onion ring structure. So when they say crater it's not that there was a meteorite that hit the earth it was a big crater this was a caldera big volcano that collapsed and this is ancient times billions of years ago and and the magma came up through these faults and such along the side and that emplaced this Scandium rich mineralogy is that? That's correct brought it close to surface and I think without without that process we wouldn't have seen it coming to service like we currently have. You don't find Scandium very you know in that form very many very many other places on earth do you? Certainly not in in hard rock form and which is a hard rock deposit you've got a lot of Scandium byproduct in the laterates which are basically weathered rock and they it's just they just scoop it up and throw it into a plant they're generally mostly cobalt nickel laterate opportunities but they haven't have a byproduct credit associated with them. Okay now what have you been doing at Crater Lake? Talk about the drilling program and what have you what have you determined in terms of you know preliminary discoveries resource on the road to resource things like that? We've well from we've got a resource about 20 million tons which at our notional production rate that's sufficient for about 43 years of production. We've done our PEA which we delivered the last June based on the 25 year production model very robust financials associated with it because it happens to have significant rare earth credits associated with the mineralization. So we've got a process patented process that we just submitted to the US Patent Office as well as the Canadian intellectual property office so it's protecting our we think that that's very important that's a critical path in these materials and that you know you you can have all the grade and tons that you want but if you can't recover it out of the rock out of the mineralization then it's just wrong. Right right well tell tell us a bit about imperial mining what does the share structure look like and you know market cap things like that? Our market cap is about 20 million dollars which is not a lot given the the value prop of what we presented in the PEA we have about 185 million shares of float it's been a pretty tough resource market to be honest with you and but we're very confident we're working on some strategic alliances that I think will be very important announcements for our shareholders. Okay and where would people buy the share where people buy the shares? We're both listed on the Toronto exchange venture exchange we also have a OTC QB listing in the US. Very good so that would be imperial mining you can look them up they have a website they have presentation you can contact Peter if you are further interested take a look at it it's a very very interesting geologic play real strong real strong geology there and a really good resource up in up in Quebec in good old Crater Lake thank you for watching thank you Peter. Thanks Byron thanks very very much