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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 NobodyKnowsOneon Apr 08, 2011 3:24am
611 Views
Post# 18403036

CEO Putnam Excited

CEO Putnam Excited
 

Mr. George Putnam, CEO of EMC commented:

"We are very excited to obtain this sizeable land position in an area attractive for scandium, and for a variety of specialty metals which are the primary commodity targets for EMC. In addition to presenting themselves as attractive drill targets, these properties offer an opportunity to meet one of EMC's objectives for scandium supply in particular, which is to build a multi-source capability to supply this embryonic market. As such, this opportunity fits well alongside our current JV scandium project in Australia (Nyngan Scandium - 50% earn-in). Of course the REE's and specialty metals possibilities hold the potential to move us in another desired direction as well."

 

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