Imperial Mining Sets Comprehensive 2021 Plan at Crater Lake After $2.6M Financing

Drolet Stock Notes on CopperBank Resources: Consolidating World-Class Copper Projects in the Best Mining Jurisdiction

Mario Drolet, President of MI3 Communications Financières Inc. (MI3), released his Drolet Stock Notes on CopperBank Resources Corp. (CSE: CBK) on February 9, 2021, for exclusive distribution on InvestorIntel. Highlights include:

CopperBank was created by a group of well-respected investors, geologists, and engineers to consolidate world-class copper properties and offer a unique “pounds in the ground” copper investment vehicle. The Company controls two established projects located in the United States. Contact Copper that is at the pre- feasibility stage in Elko County, Nevada theCopper Creek Project located in Pinal County, Arizona. Projects all possess considerable untested exploration upside, with strong potential to grow with additional systematic exploration. CBK traded over 21 Million shares between $0.16 & $0.37 over the last five months. Support: S2; $0.30 S1; $0.35 Resistance: R1; $0.37 R2; $0.40 About CopperBank Resources Corp.

CopperBank is a Canadian exploration mining company focused on energy related metal exploration in The United States of America.

PLEASE DO YOUR DUE DILIGENCE

Disclaimer: This Mario Drolet Stock Notes are produced by MI³ Communications Financières is neither an offer to sell, nor the solicitation of an offer to buy any of the securities discussed therein. The information contained is prepared by MI3, emanating from sources deemed to be reliable. MI3 Communications Financières makes no representations or warranties with respect to the accuracy, correctness or completeness of such information. MI³ Communications Financières accepts no liability whatsoever for any loss arising from the use of the information contained therein. Please take note that for compliance purposes, all directors, consultants or employees of MI3 Communications Financières are prohibited from trading the securities of the company and MI3 Communications Financières is a shareholder and do not intend to sell any shares during the distribution of this report. Drolet Stock Notes on Orford Mining: Pure Quebec Gold explorer, Australian funding on Copper, Nickel, PGM West- Raglan project

Mario Drolet, President of MI3 Communications Financières Inc. (MI3), released his Drolet Stock Notes onOrford Mining Corporation (TSXV: ORM) on February 1, 2021 for exclusive distribution on InvestorIntel. Highlights include:

Orford’s principal assets are the Qiqavik and West Raglan projects comprising a land package totaling over 105,000 hectares in the Cape Smith Belt of Northern Quebec. Orford Mining enters $25 milllion earn-in agreement with Wyllo metals on Orford’s west raglan nickel property. Two new properties recently acquired in the Joutel district of the Abitibi Region of Quebec. Both are situated on either the Joutel Volcanic Sequence structure or the eastern edge of the Casa Berardi Structural Zone. In the spring of 2019 Alamos Gold became a 22.2% shareholder. Orford Mining is well financed and should deliver to the Market Gold, Nickel and PGM results. Support: S2; $0.13 S1; $0.16 Resistance: R1; $ 0.195 R2; $0.21 About Orford Mining Corporation

Orford Mining is a gold explorer focused on highly prospective and underexplored areas Northernof Quebec . Orford’s principal assets are the Qiqavik and West Raglan projects comprising a land package totaling over 105,000 hectares in the Cape Smith Belt of Northern Quebec . The Qiqavik Project hosts several new high-grade gold discoveries along a mineralized trend in excess of 40 km. The West Raglan project hosts a number of high-grade Raglan-style nickel/copper/platinum group metal discoveries along a 50 km mineralized trend. Orford also recently acquired three property positions in the Joutel region of the Abitibi district of northern Quebec , which hosts historical deposits such as the Eagle/Telbel, Joutel Copper, Poirier Copper , and Vezza deposits. Orford continually seeks new gold exploration opportunities in North America . Orford’s common shares trade on the TSX Venture Exchange under the symbol ORM. This information from neighbouring properties is not necessarily indicative of the mineralization on Orford Mining’s properties. PLEASE DO YOUR DUE DILIGENCE

Further drilling results for Viscount Mining’s Silver Cliff Project have ‘exceeded company expectations’

It was only a few days ago that I wrote an introductory article about Viscount Mining Corp. (TSXV: VML | OTCQB: VLMGF) titled: Viscount Mining identifies “potentially the largest silver deposit in the U.S.” Then today Viscount Mining announced further results that ‘exceeded company expectations’ at their 100% owned flagship asset, the Silver Cliff Project in Colorado, USA. I did not expect results so soon and it just goes to highlight how fast the Company is moving.

Viscount Mining’s Silver Cliff Colorado Project is potentially the largest silver deposit in the USA

Source: Company presentation

Here is a brief summary of the key news from the latest drilling results from the Kate Deposit at the Silver Cliff Project:

Four holes were drilled in this zone with very encouraging results, finding evidence that the higher grade zone may be continuous. Below are the results. Hole DDH-20-01 encountered 99.6 g/t of silver over 21.5 m, with higher concentrations of silver of 137.9 g/t between 19.5 m and 25.3 m, and 202.7 g/t silver from 35.4 m and 41.1m. Hole DDH-20-02 encountered 63.9 g/t silver over 10 m. Hole DDH-20-03 drilled into some highly anomalous silver concentrations. It assayed 702.7 g/t silver over 14.9 m, with a 7.6 m zone that assayed 1,259.1 g/t. Hole DDH-20-04 had a best intercept of 105.1 g/t silver over 15.3 m. All holes drilled in the Kate East zone encountered significantly higher grade than the cut-off grade (35 g/t silver) used in the 2018 NI 43-101 report and of previous estimates. Drilling to determine where the Kate Resource extends included Hole DDH20-10 to the South-East which assayed 51.9 g/t over 19.4 m and DDH-20-07 to the West which encountered an interval from surface to 20.1 m that showed a silver concentration of 46.1 g/t. Viscount Mining stated: “There seems to be good indications that the Kate resource can be extended in three directions.”

Given high grade silver is anything above 50g/t silver we can see all of the above drill results at the Kate Resource/Deposit were very good. The anomalous finding of 702.7 g/t silver over 14.9 m was excellent. Furthermore there looks to be potential for expansion in 3 directions.

Viscount Mining has previously stated:

“(Silver Cliff is) believed to overlie a large caldera and porphyry system, supported by the mineralogy and grade from the previous operators (high grade silver, gold and base metals).”

Viscount Mining’s Silver Cliff Project currently has a 43-101 Resource estimate (2018) of M&I 5.6 million oz contained silver and Inferred 7.1 million oz, averaging 70-84 g/t silver. The Project does have two reported historical resource estimates not yet compliant and not yet to be relied upon (50 million oz Ag at the Kate Deposit and 64 million oz Ag at the Passiflora Deposit).

Viscount Mining’s Silver Cliff Project in Colorado continues with very good drill results as they work towards building a potential 40-50M+ oz silver resource

Source: Company website

Viscount Mining says their next steps are a second drilling phase in February with plans to focus on expanding the silver resource to the east and to continue to define the Kate East zone. They also plan some additional exploration drilling in the Passiflora target. A third phase will commence in the mid to late summer of 2021 with targets still to be determined followed the next phase of drilling.

Viscount Mining Corp. trades on a market cap of just C$33 million. Viscount Mining identifies “potentially the largest silver deposit in the U.S.”

Silver does not get as much attention as gold, but when a company finds significant silver in the USA it starts to wake up investors. Today I feature a company who says that their Colorado project is “potentially the largest silver deposit in the U.S.”

Viscount Mining Corp. (TSXV: VML | OTCQB: VLMGF) (‘Viscount’) is a project generator building a portfolio of high quality exploration properties in friendly mining jurisdictions in the United States. Viscount’s two key projects are the Silver Cliff Project in Colorado and the Cherry Creek Project in Nevada.

Silver Cliff Project, Colorado, USA (100% owned flagship asset)

Viscount state on their website that their Silver Cliff Project is “potentially the largest silver deposit in the U.S.” The Project is located in the Hardscrabble Silver District, ~225 km south of Denver, in Colorado, USA. The Project consists of 96 contiguous claims over ~900 hectares.

Viscount Mining’s Silver Cliff Project has a current 43-101 Resource estimate (2018) of M&I 5.6 million oz contained silver and Inferred 7.1 million oz, averaging 70-84 g/t silver. Note that over 50 g/t silver is considered high grade silver. Source: Company presentation

What makes this a bit more exciting is that the Silver Cliff Project has two historical resource estimates (Kate and Passiflora deposits). These are non-compliant and therefore not to be relied upon, but they do add to the Project’s history nonetheless.

Kate deposit – Historical (non-compliant resource) of 50 million oz Ag. Passiflora deposit – Historical (non-compliant resource) of 64 million oz Ag.

It would be fair to say the current resource has plenty of room to grow and plenty of potential. We cannot say more than that at this stage as further drilling will be needed. Viscount state:

“(Silver Cliff is) believed to overlie a large caldera and porphyry system, supported by the mineralogy and grade from the previous operators (high grade silver, gold and base metals).”

Past drilling has found pockets of very high grade silver. In 2016 to 2017, 1,367m were drilled across 19 holes returning bonanza type grades as high as 1,768 g/t Ag over 6.1m at the Kate deposit. These were near surface, open along strike & depth, and would be amenable to open-pit mining.

Viscount is currently exploring to expand the Kate deposit as well as to evaluate the potential of other nearby areas (Kate East etc). In January 2021, Viscount announced their latest drill results including 99.6 g/t silver over 21.6 meters from 19.5 meters to 41.1 meters, at the Silver Cliff Project. Three further drill results are pending.

Colorado USA is considered to be a mining friendly jurisdiction and the Silver Cliff Project has year-round access by paved road. The local community is highly supportive of the Project.

The Silver Cliff Project history and future catalysts

Source: Company presentation

Cherry Creek Project, Nevada, USA (70% earn in option granted to Centerra Gold Inc.)

The Cherry Creek Project is located in White Pine County, Nevada, USA. The Project comprises 9,000 acres and includes more than 20 past producing silver and gold mines with a majority on patented property. The land holding includes the three largest past producing Silver mines – the Exchequer/ New Century Mine, Teacup and the prolific Star Mine which were in production until the 1920’s. Twelve RC drill holes were completed in 2015 in a historic silver mining area. Moderate to high grade silver mineralization was intercepted in many of the holes. Results included:

Hole CC001: 9.1 m at 52.6 g/t Ag Hole CC002: 27.5 m at 52.0 g/t Ag Hole CC006: 12.2 m at 117.6 g/t Ag Hole CC008: 100.5 m at 7.4 g/t Ag Hole CC010: 15.2 m at 54.2 g/t Ag Hole CC011: 30.5 m at 50.0 g/t Ag Hole CC045: 125 m at 25.0 g/t Ag, 1.6 g/t Au Hole CC046: 174 m at 320 g/t Ag, 1.7 g/t Au

In October 2020 Viscount reported some exciting samples including 1,925 g/t silver and 76g/t gold, noting these are only small rock chip samples.

Future drill programs will test the possibility of a major deep seated gold-silver and base metals deposit in this general mineralized area. Viscount state:

“This could become a significant new area with economic grade mineralization. With the possibility of connecting the three past producing mines underground, could mean a significant cost saving in mining if an economic grade deposit is discovered.”

Under the recently announced (Jan. 6, 2021) Centerra Gold Inc. 70% earn in deal, Centerra will be required to spend US$8 million on mineral exploration costs on the property over 4 years. This is a reasonable size budget for exploration and helps accelerate drilling and potentially building a resource at Cherry Creek. Viscount will retain a 30% interest.

Viscount Mining’s Cherry Creek Project includes more than 20 past producing silver and gold mines Source: Company website

Closing remarks

Viscount Mining Corp. trades on a current market cap of C$31 million.

It is still relatively early days but there certainly appears to be a road map towards potentially proving up considerable good grade silver at Silver Cliff (and perhaps some gold and base metals), as well as silver and gold potential at Cherry Creek boosted along by the Centerra 70% earn in deal. Exciting times may be ahead, stay tuned.

Imperial Mining Sets Comprehensive 2021 Plan at Crater Lake after $2.6M Financing

After a positive summer drill program at its flagship scandium-rare earth Crater Lake Property in northeastern Quebec, Imperial Mining Group Ltd. (TSXV: IPG) successfully closed a $2.6 million financing in December to accelerate the project forward in 2021.

Imperial Mining plans to use the proceeds to complete definition drilling at Crater Lake’s “TG Zone”, and to deliver both a 43-101 Resource Report and a Preliminary Economic Assessment (PEA) by the end of June 2021.

Last trading at $0.16, Imperial Mining Group has a market cap of $20 million and a PEA could re-rate the company, shifting it closer to the $175 million market cap of NioCorp Developments Ltd. (TSX: NB | OTCQX: NIOBF) that has a Feasibility Study at its Elk Creek niobium-scandium project in Nebraska, United States.

Peter Cashin, President & CEO of Imperial Mining Group, recently commented, “I am very pleased of the positive response that the market has shown for our private placement. The financing was oversubscribed, and we believe that it was motivated by the recent significant announcements in the critical metal space, in particular for scandium and the rare earths.”

Scandium Alloys at Home and in Space

Manufacturers in many industries, including automotive, aerospace, and defense, recognize that scandium-modified aluminum alloy materials could become a critical input into their production processes.

With the push for lighter and stronger materials to make vehicles more fuel-efficient and the need for tough and durable metal alloys for the resurgence in space activity, scandium-aluminum “superalloys” have been already used by NASA and the European Space Agency (ESA).

In a March 2020 speech at the Satellite 2020 Conference, Elon Musk, founder of Tesla (NASDAQ: TSLA) and SpaceX stated that the aerospace engineers at SpaceX were going to switch to a different alloy “pretty soon” to replace the current stainless-steel alloy, known as 301.

Scandium-aluminium alloys are highly valued as an important lightweight material and are one-third the weight of steel and 60 % of the weight of titanium alloys.

Scandium-aluminium alloys are also corrosion-resistant and can be used in a variety of industries, including aerospace, automotive, and consumer products, such as baseball bats, bicycle frames, and golf clubs.

A small percentage of scandium alloyed with aluminum enables aluminum to be effectively welded to another piece of scandium-aluminum alloy, without the need for heavy hardware to join the pieces together.

Scandium-aluminium alloys are currently being used by California-based Relativity Space, a private aerospace manufacturing company. Relativity Space’s massive 3D printer can create a rocket from raw material to flight in 60 days.

The automotive industry could be a large market opportunity for scandium. With scandium-aluminum’s self-welding abilities, engine blocks could be constructed using 3D printers.

In addition, according to a recent report, the average passenger vehicle contains over 150 kilograms of aluminum and the average light truck contains over 230 kilograms of aluminum. If only 1% of the traditional aluminum used in the approximately 17 million light vehicles (cars and light trucks) produced in the United States each year, switched to scandium-aluminum, that impact would create a demand for 35 tonnes of scandium each year.

With current scandium production estimated between 25-35 tonnes per year as such, this type of demand would immediately double the current supply requirement.

Scandium

Scandium is an element, sometimes classified as a rare earth metal, and currently, there are no primary scandium mines. Supply comes from the by-product of other mineral extractions from deposits in China, Russia, and more and recently, Australia.

Scandium is not traded on any metal exchange and the price is negotiated between buyer and seller. According to the most recent USGS data sheet on scandium, over the past five years, the price for scandium-oxide has averaged $4,560 per kilogram.

Scandium and other “critical metals” were thrust into the spotlight last year when President Trump signed an Executive Order addressing the threat to the United States’ supply chain from relying on “critical minerals” from “foreign adversaries”, specifically identifying China. The 35 mineral commodities deemed critical under the definition included aluminum, gallium, graphite, lithium, manganese, niobium, the rare earth elements group, and scandium.

Crater Lake Property – Scandium & Rare Earth Metals

The 100%-owned Crater Lake Project is located 200 kilometres northeast of Schefferville, Quebec, and covers 2,780 hectares (approximately 6,900 acres). The project hosts three zones of mineralization (Boulder, TG Zone (TGZ), and STG), determined by scandium-rich outcrops, boulders, and recent drilling.

Highlights from the summer drill program included Hole #CL20037 from the TGZ that returned intervals grading up to

253 grams per tonne (g/t) Scandium Oxide (Sc2O3) over 29.14 metres (m), including 9.3 m grading 299 g/t Sc2O3 and 21.69 m grading 271 g/t Sc2O33 including 9.16 m grading 299 g/t Sc2O3.

Importantly, the true thickness of the scandium mineralized zone is estimated to be up to 110 m and is open at depth and along strike.

The company sees major positive factors with the project, including:

The resource is exposed at the surface, so it is amenable to a low-cost open-pit operation. The deposit is high grade relative to its peers and could reduce the CapEx to develop the mine and the OpEx to run the mine. The preliminary metallurgy showed strong scandium mineral recoveries. The project is in the mining-friendly jurisdiction of Quebec and supported by Quebec’s recently launched $90 million “critical minerals” development fund and Plan Nord, Quebec’s economic development strategy to develop natural resource extraction in northern Quebec. The deposit is located in close proximity to the 9 aluminum smelters and one alumina refinery in Quebec.

Final Comment

Look for the definition drill results, 43-101 Resource Report, and the PEA to potentially lift the stock price higher this year. Kozak on Imperial Mining’s proximity to Quebec’s aluminum production corridor

Just six months ago, the share price of Imperial Mining Group Ltd. (TSXV: IPG) was range-bound between CAD$0.05 and CAD$0.06/share. This was a good thing, because only a month before, the company was trading at $0.04 or less! The company closed 2020 at approximately $0.09/share but currently trades around $0.16/share with a market capitalization of approximately CAD$20 million.

What happened? As followers of the rare earth space know, the market is catching on to the notable rare earths companies and the need to recreate a domestic US/non-China based supply. In addition to the company’s gold and base metal assets, Imperial’s Quebec hardrock property has excellent exposure to scandium. This was highlighted on December 31, 2020 in a year- end interview, where scandium and Imperial Mining were mentioned by name. On January 4, 2021, the stock soared to $0.16 and continues to trade at that level.

As you probably know, scandium is an additive to aluminum alloys that hardens and strengthens the end product, (not unlike titanium alloys) and allows for lighter weight but equivalent (or better) strength components. Notably, two Russian jet fighters (MiG-21 and MiG-29) use scandium alloys in their construction. Other uses for scandium alloys include (but not exclusive to) automobiles, fuel cells and other defense products.

Peter Cashin, President and CEO, recently explained how Imperial Mining’s 100%-owned Crater Lake Project “provides a strategic opportunity for an exciting new line of lightweighting [sic] products.” The project contains rare earths but is highly leveraged to scandium.

“How it (Crater Lake Project) stands out is that it is a primary bedrock opportunity in Quebec,” said Mr. Cashin. “The grades are exceptionally high relative to our peers for a bedrock deposit. It is exposed at surface so it would be amenable to an open pit operation. Our preliminary metallurgy shows that we have very strong recoveries and high rejection rates of the gangue minerals from our metallurgical work so far. We are ideally located very close to the aluminum capital of Canada.”

In other words, a potential source of a critical metal element for the aluminum industry right on its doorstep in Canada!

After an active 2020 field program, which included 130-line kilometers of detailed ground magnetic surveys, in August the company announced the discovery of several new areas of scandium mineralization on the Crater Lake Project. These new areas lie within the same 14-km magnetic trend hosting the three previously defined mineralized zones on the property (Boulder, TGZ and STG). Subsequent 2020 drilling confirmed strong scandium resource potential on the property, which was announced last November.

The market clearly liked those results. Imperial went on to successfully raise CAD$2.6 million on closing of an oversubscribed, non-brokered private placement of flow-through shares and units in early December 2020.

Looking into 2021, Imperial is in an enviable position in the scandium industry owing to their close proximity to Quebec’s aluminum production corridor, where 90% of Canada’s aluminum is produced. While there is already competition from the recently announced scandium plant by $100 billion market capitalization Rio Tinto, the Crater Lake Project appears to have all of the traits of a high-quality, low cost project which is getting better delineated with every drilling program. Still a competitive advantage, the project has easy egress to the aluminum smelters plus low-cost electricity and a supportive political environment.

While it is too early to say that the Crater Lake Project will be the next (hardrock or otherwise) scandium supply source for Quebec aluminum, the project is getting ever closer to the decision to proceed with a new mining development. There are still a significant number of steps to go before that decision, but the company appears to have a promising future ahead.

Drolet Stock Notes on Durango Resources: Quebec Gold explorer in Urban-Barry township near Osisko Mining

Mario Drolet, President of MI3 Communications Financières Inc. (MI3), released his Drolet Stock Notes on Durango Resources Inc. (TSXV: DGO | OTCQB: ATOXF) on January 11, 2021 for exclusive distribution on InvestorIntel. Highlights include:

Durango is positioned for discovery holding a 100% interest in the Trove and East Barry claim blocks in the most active gold exploration camp in Quebec. Durango has received drill permits for the East Barry claim block to test high priority targets coincident with high till anomalies of up to 2.19 g/t gold and pristine gold grains in till trend. The drilling is scheduled to begin on January 11th with two exploration holes on the East Barry Property budgeted for depths of approximately 750m each. To date, 2,100m has been drilled over nine holes on the Trove Property at an average depth of 233m. DGO traded over 9.0 Million shares between $0.06 & $0.15 since November 2 Support: S2; $0.08 S1; $0.095 Resistance: R1; $0.10 R2; $0.12

About Durango

Durango is a natural resources company engaged in the acquisition and exploration of mineral properties. The Company is positioned for discovery with a 100% interest in a strategically located group of properties in the Windfall Lake gold camp in the Abitibi region of Québec, Canada.

PLEASE DO YOUR DUE DILIGENCE