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Scandium Canada Ltd V.SCD

Alternate Symbol(s):  SCDCF

Scandium Canada Ltd., formerly Imperial Mining Group Ltd., is a Canadian technology metals company focused on advancing its flagship Crater Lake scandium and rare earth projects in Quebec. It specializes in mining exploration for gold, base metal and technology metal mining sites located in Canada. It is focused on the advancement of its Crater Lake Scandium-REE project in Northeastern Quebec. It also holds gold properties in the Abitibi greenstone belt. Its Crater Lake Project is located about 200 kilometers (km) northeast of Schefferville, Quebec. The property consists of about 96 contiguous claims covering 47 square kilometers. Its Opawica Project is located about 20 km East of Desmaraisville and is accessible via Highway 113 going from Val-d’Or to Chibougamau, Quebec. The property consists of about 42 contiguous claims covering 23.45 square kilometers. Its La Ronciere Project is located about 35 km East of Desmaraisville. The property consists of about 45 contiguous claims.


TSXV:SCD - Post by User

Comment by ScandiumPoweron Sep 08, 2022 6:00am
165 Views
Post# 34948671

RE:RE:S.O.S our s/p in distress!!

RE:RE:S.O.S our s/p in distress!!I have been a long term investor for several years currently having more than one million shares. Hard times for Juniors and Start Ups because of Putin's senseless attac to Ucraine.We will see what happens in the near future, but at least IPG do have a step by step Project Schedule for 2022 to 2026 as follows below. For me it seems that they are following that quite well according to the plan!

Q1 2022: Optimization studies for metallurgical process. -DONE!
-2022 H1: Delivery of the PEA - DONE!
-Q2/Q3 2022: Environmental baseline, public consultation and preliminary engineering, drilling of remaining targets on the property - ONGOING!.
-Q4 2022: Start of the Pilot Plant studies of 18 t bulk sample (collected during summer 2021 exploration). - TBD
-Q4 2023/Q1 2024; Definitive Feasibility Study, IBA, receipt of construction permits.- TBD
(Not mentioned in the recent presentation: Making Offtake Agreements, Partnering, Getting The Licenses, Making Investment Decision, Raising The Money, Construction od the Facilities - A lot TBD)
-Late 2026/Early 2027: Delivery of first product. - TBD.
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