TSX-V: IPG $0.14 unch Gold $US 1,783.48oz + 14.08 Silver $US 22.55oz + 0.12 Copper $US 4.23lb


La Roncière

The La Ronciere Project is located 35km East of Desmaraisville and is accessible via Highway 113 going from Val d’Or to Chibougamau, Quebec. The property consists of 45 contiguous claims covering 25.1km2 and are owned 50% by Imperial Mining Group Ltd and 50% by Soquem Inc.

The property lies within a major regional NE-SW deformation corridor that hosts several gold occurrences and some former gold producers, the Joe Mann mine (historical past-production 4.8Mt @ 7.56 g/t Au) and the Bachelor Lake mine (historical past-production 870,000t @ 4.66 g/t Au) located 75km to the east and 35km to the west, respectively. The rocks consist of the mafic volcanics of the Obatogamau Formation, the felsic volcanics of the Wachigabau Member and the sediments of the Dalime Creek Formation and are stratigraphic equivalents to the Joe Mann South Zone. The contact between these two major units is host to a 40m wide corridor of deformation consisting of several shear zones with strong, pervasive carbonate, sericite, and fuchsite alteration with disseminated pyrite and several quartz veinlets with gold and silver mineralization. Other subsidiary shears or smaller corridors of deformation are also encountered on the property with the same alteration and mineralization with trends varying from east-west, northwest-southeast and northeast-southwest.

La Roncière Property, Project Compilation

La Roncière Property, areas of interest

Previous work carried out by Lake Opawica Mines, Consolidated Mining and Smelting, La Ronciere Gold Mines, Camchib Resources and Minnova identified the gold Mariposite Deposit (historical resource of 470,000t at 2.75 g/t Au and 211,000t at 4.11 g/t Au), the Espoir, Track, Relique and Serem gold showings. Recent exploration work conducted by Corporation Miniere INMET, Serem, SOQUEM and NQ Exploration tested the extensions of some of the known gold showings or discovered a new northeast trending gold showing just north of the Mariposite Deposit (The Serem showing).

In 2018, Imperial Mining Group will conduct a 3D IP and Mag survey followed by a diamond drilling program on the western half of the property and at the vicinity of the Serem showing.

La Ronciere Project: Best Historical Diamond Drill Intersections

Hole # Company Year Length (m) Grade (g/t/ Au)
GL-23 Corporation Miniere INMET 1992 4.1 6.1
GL-28 Corporation Miniere INMET 1993 7.8 2.0
WGF-83-3 Mines Camchib 1983 2.1 50.5
46-5 Lake Opawica Mines 1946 3.0 5.1
46-9 Lake Opawica Mines 1946 8.3 6.3
91-GN-D-2 Serem 1991 8.4 1.6

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