News Releases
Sep 16, 2011 News Release Vancouver, B.C. (September 16, 2011) - i-minerals inc. (TSX.V: IMA; US OTC: IMAHF) ("the Company") i-minerals announces that Roger A. Kauffman has resigned from the board of directors of the Company. The Company wishes to thank Mr. Kauffman for his past contributions and wishes him well in any future endeavors. About i-minerals inc. i-minerals holds ten minerals leases in northwestern Idaho that hosts Kelly's Basin feldspar-quartz deposit that is the subject of an ongoing feasibility study. High pure quartz (>99.95% SiO2) can be produced through a standard flotation process. Preliminary exploration work on occurrences of primary clay deposits has identified variable concentrations of kaolinite, halloysite, quartz and feldspar. The Company commissioned SRK to complete an initial assessment of the primary clay deposits that comprise the Bovill Kaolin Deposits through a Preliminary Economic Assessment (the "PEA") which is based upon limited, widely spaced drilling over large areas. While additional assessment work is required to fully assess the economic viability of the Bovill Kaolin Deposits, the PEA demonstrated robust economic metrics and indicated the Bovill Kaolin Deposits may represent the largest deposit of halloysite in North America. Halloysite is a unique tubular shaped aluminosilicate mineral, often referred to as a halloysite nanotube (HNT), which is being increasingly used in nanotechnology applications. i-minerals inc. Per: "Thomas M. Conway" Thomas M. Conway, President & CEO Contact: Barry Girling 877-303-6573 or 604-303-6573 Email: info@imineralsinc.com Or visit our website at www.imineralsinc.com Encompass Communications Inc. 604.630.0770 info@encompassinc.ca NEITHER THE TSX VENTURE EXCHANGE NOR ITS REGULATION SERVICES PROVIDER (AS THAT TERM IS DEFINED IN THE POLICIES OF THE TSX VENTURE EXCHANGE) ACCEPTS RESPONSIBILITY FOR THE ADEQUACY OR ACCURACY OF THIS NEWS RELEASE. This News Release may contain forward-looking statements based on assumptions and judgments of management regarding future events or results that may prove to be inaccurate as a result of risk factors beyond its control, and actual results may differ materially from the expected results. | |