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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 northmarkon Nov 24, 2021 10:37am
176 Views
Post# 34161282

Form 10Q

Form 10QShould get funding news soon.
"Our plan of operation for the remainder of 2021 is to execute the Phoenix CMR Project action plan, to consider additional copper industry partners for our ion exchange technology, and to subsequently secure offtake sales agreements with counterparties for those critical metals planned to be produced at participating separation sites. We also intend to pursue industry partners for our HPA recovery technology, and subsequently secure offtake agreements for the benefit of any participating HPA manufacturing facilities where we have direct interest. The Company continues to seek scandium product customers for offtakes, either from critical metals projects or from the Nyngan Scandium Project product.
We will seek additional funding for execution of the Phoenix CMR Project action plan, for corporate working capital in 2021, and also for advanced development of approved CMR Projects and an HPA Project, in support of specific project targets and plans as they are identified."
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