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I-Minerals Inc.
Summary
| Project: | Bovill Kaolin | |
|---|---|---|
| Deposit: | Bovill Kaolin | |
| Location: | United States | |
| Commodities: | Quartz-Potassium-Feldspar-Halloysite-Kaolinite | |
| Date: | 4/18/2019 | |
| Report Code: | NI43-101 | |
| Report Type: | Feasibility Study | |
| Project Stage: | Pursuing Feasibility Study | |
| Report details: | 18-4-2019: I-Minerals Inc. announces a Feasibility Study report for its Bovill Kaolin deposit at the Bovill Kaolin project. Feasibility study results incl. pre-tax NPV of US$385.8M, IRR of 31.6%, 26yr LOM. Section 1.1 of this Report is excerpted from vari | |
| Resources: | ||
| CP/QP: | [Resources]: Matthew Hastings (SRK Consulting (US) Inc.) | |
| ABSTRACT: | Section 1.1 of this Report is excerpted from various NI 43-101 Technical Reports on the Property, most recently the report prepared by GBM Engineers, LLC dated March 17, 2016. Excerpts from the Technical Report are shown in italics. Standardizations have been made to suit the format of this report; any changes to the text are indicated with the use of [brackets]. Images and tables may have been updated/modified. The Project is a development stage open pit mining operation that will produce quartz sand, potassium feldspar (K-feldspar) sand, kaolin clay, and halloysite clay. The Project area has been mined historically for primarily clay products. This section summarizes information related to the property location, mineral titles, royalties and agreements, environmental permits and liabilities, and Project risks. The Project is located at geographical coordinates 46° 52' 43.5" N. latitude and 116° 25' 47.2" W longitude (State Plane, NAD 83, Zone 1103, Idaho West: 1 900 717 N, 2 454 671 E) in Latah County, Idaho, USA (Figure 4-1). The property currently totals 5,140.6 acres. The mineral leases are not adjoining, but are situated within three surveyed townships near the town of Bovill, Idaho. | |
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