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Regional Properties

Impala Canada is comprised of more than 70,000 hectares of land covering all of the known Lac des Iles (LDI) suite intrusions. Impala Canada's unique status as the only primary platinum group element (PGE) producer in Canada provides a major competitive advantage enabling the Company to maintain exploration activity on its 100%-owned regional exploration projects.

Many of the regional exploration properties are known to host near-surface occurrences of palladium mineralization with strong similarities to the main mineralized zones at LDI. Impala Canada has the ability to leverage its advanced understanding of the controls on PGE mineralization at LDI to pursue future, value-creating discoveries within its attractive greenfields property portfolio.

Shebandowan Joint Venture

Impala Canada retains a 50% interest in the Shebandowan nickel-copper-platinum group element property with its partner, Vale Canada Ltd. The property is located 90 kilometres West of Thunder Bay and includes the past-producing Shebandowan Nickel Mine and the Shebandowan West nickel deposit. The mine was in semi-continuous production from 1972 to 1998 and shipped nickel concentrate to Inco Ltd. smelters in Thompson and Sudbury.

Sunday Lake

Sunday Lake is comprised of approximately 2,600 hectares of mineral claims and patents about 60 kilometers from Lac des Iles Mine. Impala Canada's historical exploration drilling and geophysical surveys have significantly expanded the known extent of platinum group metal (PGM)-rich magmatic sulfide mineralization (dubbed the PGM Zone) at Sunday Lake across the known length and width of the host Sunday Lake Intrusion. (For more information, see the Company’s news release dated April 29, 2019).

Current geological interpretations based on available drilling and geophysical information suggest that the PGM Zone is a <10 to >60m thick zone of disseminated PGM- and copper-rich sulfides. The more sulfide-rich parts of the zone feature typical average grades of 3 to 6 grams per tonne (g/t) of combined platinum, palladium and gold and 0.5 to 1% copper with maximum grades over the most sulfide-rich intervals exceeding 15 g/t 3E, 1.5% and 0.4% nickel. Both surface magnetotelluric and borehole electromagnetic surveys have proven effective in discovering the more sulfide-rich parts of the PGM Zone.