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Scandium International Mining Corp T.SCY

Alternate Symbol(s):  SCYYF

Scandium International Mining Corp. is a mineral exploration and development company. The Company’s advanced project is the Nyngan Scandium Project, located in New South Wales, Australia (the Nyngan Scandium Project), on which it holds a mine lease grant, a development consent, and 100% of the mineral rights. The Nyngan Scandium Project site is located approximately 450 kilometers (km) northwest of Sydney, New South Wales (NSW), Australia and approximately 20 km due west from the town of Nyngan. The Company has a 100% interest in an exploration license (EL 7977) covering the Honeybugle Scandium property. The Honeybugle Scandium property covers over 34.7 square kilometers and is located 24 km from the Nyngan Scandium Project. The property includes four distinct magnetic anomalies: Seaford, Woodlong, Yarran Park and Mallee Valley. The Company's subsidiaries include EMC Metals Australia Pty. Ltd., EMC Metals USA Inc., Scandium International Mining Corp. Norway AS and others.


TSX:SCY - Post by User

Post by AllDutch1234567on Jun 25, 2021 8:47am
172 Views
Post# 33449560

Another bread crumb?

Another bread crumb?There is this snippet from the May 27th news release on the HPA patent that we all maybe have overlooked. Even JK didn't pick this up. I'm really interested in what other (native English) posters here on SH read.

GP: "The projects we have assembled now, using ion exchange recoveries from copper raffinates (CMR), and solvent extraction/ion exchange recoveries for HPA, can generate a suite of critical metals specifically suited for use in a lithium-ion battery. Market demand timing for these products is excellent. Furthermore, these projects can be located in USA/Canada, and they can produce products from existing feedstocks without creating a new mine footprint"

This is my takeaway:
- The alleged deal SCY has with Barrick is just one of such arrangements
- At least 2-3 projects
- CMR and HPA
- Al least 1 project in Canada
- Technology similar to Phoenix: they can produce products from existing feedstocks without creating a new mine footprint. 
- All similar timing/status 

GP, who wrote this section, had a clear view of the projects/mine sites in his mind, IMO.
- technologies used
- products (battery materials)
- markets (excellent demand)
- locations (USA and Canada)
- Mine sites (from existing feedstock, no new mine footprint)

The story is getting better and better: the announcement of a partnership with Barrick may not be the first one and it will certainly not be the last one!!






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