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Last C$0.14 CAD
Change Today -0.02 / -12.12%
Volume 165.3K
IMA On Other Exchanges
As of 3:34 PM 04/17/15 All times are local (Market data is delayed by at least 15 minutes).

i-minerals inc (IMA) Snapshot

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05/13/14 - C$0.38
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i-minerals inc (IMA) Details

I-Minerals Inc., an exploration stage company, is engaged in the exploration and development of mineral properties. The company explores for feldspar, quartz, and kaolinitic clays, primarily kaolinite and halloysite. It holds a 100% interest in the Helmer-Bovill industrial minerals property comprising 11 mineral leases covering an area of 5,140.64 acres located in Latah County, Idaho. I-Minerals Inc. was founded in 1984 and is headquartered in Vancouver, Canada.

Founded in 1984

i-minerals inc (IMA) Top Compensated Officers

Chief Executive Officer, President and Direct...
Total Annual Compensation: $158.0K
Chief Financial Officer
Total Annual Compensation: $20.1K
Compensation as of Fiscal Year 2014.

i-minerals inc (IMA) Key Developments

I-Minerals Inc. Announces the Feasibility Study of the Bovill Kaolin Project

I-Minerals Inc. announced that December 16, 2014 all contracts with respect to the feasibility study of the Bovill Kaolin Project (the "FS") have been awarded. Firms participating in the FS include: GBM Engineers LLC, HDR Engineering, Tetra Tech Inc., Mine Development Associates and SRK Consulting.GBM is reviewing the flow sheet designed as part of the June 2014 Prefeasibility Study to determine if process changes can improve the product mix and product quality. The final steps of the bulk sample processing at Ginn Mineral Technology (GMT) in Sandersville, Georgia, which include the preparation of a metakaolin product, brightness studies, and the final drying of the halloysite, are nearing completion. At the Minerals Research Laboratory in Asheville, North Carolina, the quartz/K-spar sand screened from the primary clay by GMT is being dried in preparation for bench scale testing to confirm the parameters for the full pilot plant which is expected to start operation around the first week of February.

I-Minerals Inc. Metakaolin Tests Well, Markets Developing

I-Minerals Inc. announced the results from laboratory and field testing of its Metakaolin product. Metakaolin is a natural pozzolan that is used as a partial replacement or an additive for cement in construction where high strength is needed. Testing completed to date according to ASTM Standards include: ASR Reaction, Chemical and Physical Analysis of a Natural Pozzolan, Accelerated Pozzolan Strength Activity, particle size assessment, compressive strength, and Rapid Chloride Ion Permeability test.

I-Minerals Detailed Metallurgical Work as Part of Feasibility Study Progressing Well

I-Minerals Inc. announced that it had excavated bulk samples totaling approximately 35 tons from 10 sample sites on the Kelly's Hump, Kelly's Hump South, and Middle Ridge portions of the Bovill Kaolin deposit, the first phase of metallurgical work is now complete. The Kelly's Hump bulk sample, which was excavated from seven sample sites, has now been processed via wet blunging and screen separation of the halloysite-kaolinite clay fraction from the quartz-K-spar sand fraction at Ginn Mineral Technology (Ginn) in Sandersville, Georgia. Wet screw classification was also successfully tested for incorporation into the process schematic. Second stage processing on the Kelly's Hump material is nearly complete at Ginn wherein the clay fraction is separated into kaolinite and halloysite using hydrocylone, centrifuge, and differential flotation techniques to yield both standard and high purity halloysite products. The K-spar and quartz bearing sand fraction has been re-packaged for shipment to North Carolina State University's Minerals Research Laboratory (MRL) for flotation separation of the K-spar and quartz. The pilot plant process will include tertiary grinding followed by standard wet flotation to separate the K-spar and quartz, dewatered, and then passed through a dry rare earth magnetic separator to remove residual iron minerals. Previous work at MRL has produced K-spar products with purities greater than 13% K2O. The quartz fraction will be processed using up to three stage flotation, where quartz purities with less than 200 PPM of total impurities have been produced without the use of any acid leaching techniques. At this point the pilot plant at MRL is scheduled to start processing the K-spar and quartz bearing sand fraction in the second half of October. The sample sites were reviewed and confirmed by SRK based on their statistical modeling and will result in the most representative bulk samples of the Bovill Kaolin deposits to date. In particular for the purposes of the Feasibility Study this work is intended to confirm the high purity k-spar and quartz results generated in initial sampling of selective locations are in fact representative of the entire resource including areas of kaolin enrichment/halloysite depletion. I-Minerals anticipates producing about 10.5 tons of quartz, 4.5 tons of K-spar, 3.0 tons of halloysite and 3.25 tons of Kaolin through the respective pilot plants. Beyond confirming the flow sheet and equipment required, the bulk sample will be indicative of the recoverable amounts of minerals contained in the Kelly's Hump area and provide representative product samples to prospective customers for testing as a means of firming up customer interest to the required feasibility levels.


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