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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 Apr 22, 2019 11:58am
95 Views
Post# 29654779

RE:Nyngan Project - Mine Lease Status Update 22nd April 2019

RE:Nyngan Project - Mine Lease Status Update 22nd April 2019Finally!!! That's how they should of communicate with the prior announcement.
ScandiumPower wrote:
 HIGHLIGHTS: * The Company believes it can permit and construct a scandium mine, of similar design and scale to our current plans, without the requirement by Scandium International's Australian subsidiary to own or control surface rights that are the subject of this current landholder objection, * Recent actions by NSW government reflect real progress in resolving this ongoing dispute, * Several resolution pathways are now clearly identified, and the parties are engaged in actions that could make meaningful advancements, or fully resolve the impasse, and * The Company fully intends to proceed with development of the Nyngan Scandium Project, regardless of the outcome of the pending landowner objection to development covering a portion of the project resource.
https://www.bloomberg.com/press-releases/2019-04-22/nyngan-project-mine-lease-status-update


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