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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 May 06, 2021 11:35am
126 Views
Post# 33140827

Patent granted also covers Al, Mg, Mn, Ni and Co...

Patent granted also covers Al, Mg, Mn, Ni and Co...... exactly what JK just mentioned in DW.

Patent US20190161827 'Extraction Of Scandium Values From Copper Leach Solutions' is not only about recovering scandium, it also covers Aluminium, Magnesium, Manganese, Nickel and Cobalt (from copper leach solutions). In other words: CMR. 

See: 17. The method of claim 1, wherein the leachate further contains one or more ions selected from the group consisting of Al, Mg, Mn, Ni and Co.
https://patft.uspto.gov/netacgi/nph-Parser?Sect1=PTO2&Sect2=HITOFF&p=1&u=%2Fnetahtml%2FPTO%2Fsearch-bool.html&r=1&f=G&l=50&co1=AND&d=PTXT&s1=10,988,828&OS=10,988,828&RS=10,988,828

I totally agree with JK, this is a huge step forward for SCY: It really shifts power. This patent sets the stage for a new business model: CMR from copper waste streams. 

Is the timing of granting those .18 CAD options this week a coincidence or is it related to ongoing discussions with Freeport, a forebode of a deal with Freeport? Most likely!!

Freeport being a bureaucratic organization, will first plan a board meeting to discuss this new development and only then decide on next steps: commitment to a CMR-deal with SCY. So be patient, SCY will win (and so do we).



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