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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

Comment by teddygvaon May 05, 2017 7:20am
110 Views
Post# 26207365

RE:100% sure we'll have the ML on or before May 8.

RE:100% sure we'll have the ML on or before May 8.
AllDutch1234567 wrote: Why? First, and most of all: there is no formal reason why SCY should NOT get their Mining Lease AND they have filed all documentation required before the end of March 2017. Remember that the development consent was the big hurdle.

NSW wants to be seen as a mining friendly jurisdiction. They know what's at stake here. They read our posts on Stockhouse. Not getting the mining lease on or before May 8 might seriously harm the company's reputation (and theirs). They don't want this.

The event on May 8 is a call for celebration: the wealth the mining sector brings to NSW. No room for disappointments.

GLTA


The way I see it is they will announce the mining lease and the financing on the same day. And why not more news??? Good day for a massive jump to the production road
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