Scandium International Mining Corp T.SCY

Alternate Symbol(s): SCYYF

Metals & Mining Industrial Metals & Minerals

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.

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Scandium International Mining Corp

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Post by AllDutch1234567on Mar 02, 2021 7:36am

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Post# 32692828

Nyngan: construction starts in 2021

10-K: "Our major capital requirement in the next 12 months relates to the start of construction on the Nyngan Scandium Project and our entry into a critical metals recovery program. The Company will need additional funding to develop the Nyngan project into a mine in 2022 and will seek to raise additional equity financing at that time."

Maybe those scandium offtakes are a lot closer than I thought ... Very interesting!!!

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