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EMC Signs Earn-In Agreement With REE Mining On Two Exploration Properties Targeting Scandium, Specialty Metals and REE's
Apr. 7, 2011 (Canada NewsWire Group) -- > VANCOUVER, Apr...
About this update from Scandium International Mining Corp.
[{"type":"text","content":"\n\n\n Apr. 7, 2011 (Canada NewsWire Group) -- \n\n#ReleaseContent TABLE\n{\n BORDER-COLLAPSE: collapse\n}\nTR.cnwUnderlinedCell TD\n{\n BORDER-BOTTOM: #000000 1px solid\n}\nTR.cnwDoubleUnderlinedCell TD\n{\n BORDER-BOTTOM: #000000 3px double\n}\nTR.cnwBoldUnderlinedCell TD\n{\n BORDER-BOTTOM: #000000 3px solid\n}\nTD.cnwUnderlinedCell\n{\n BORDER-BOTTOM: #000000 1px solid\n}\nTD.cnwDoubleUnderlinedCell\n{\n BORDER-BOTTOM: #000000 3px double\n}\nTD.cnwBoldUnderlinedCell\n{\n BORDER-BOTTOM: #000000 3px solid\n}\n#ReleaseContent TABLE.cnwBorderedTable TD\n{\n BORDER-RIGHT: black 1px solid;\n PADDING-RIGHT: 2px;\n BORDER-TOP: black 1px solid;\n PADDING-LEFT: 2px;\n PADDING-BOTTOM: 2px;\n BORDER-LEFT: black 1px solid;\n PADDING-TOP: 2px;\n BORDER-BOTTOM: black 1px solid;\n BORDER-COLLAPSE: collapse\n}\n#ReleaseContent TABLE TD\n{\n PADDING-RIGHT: 2px;\n PADDING-LEFT: 2px;\n PADDING-BOTTOM: 2px;\n PADDING-TOP: 2px\n}\n\n\n >\n\n\nVANCOUVER, April 7 /CNW/ - EMC Metals Corp. (the "Company" or "EMC") (TSX: EMC) is pleased to announce that it has entered into an option agreement (the "Option Agreement") with REE Mining AS of Norway, pursuant to which EMC has an option to earn a 100% interest in two exploration properties, encompassing 120 sq km, located in southern Norway. These two pegmatite properties, known as Tørdal and Evje (the "Properties"), are both prospective for a grouping of specialty metals, and rare earth elements ("REE's"), specifically including scandium, yttrium, tantalum, beryllium, niobium, zirconium, titanium, lithium, nickel and tin. These Properties represent exploration opportunities---no commercial exploration has been conducted on either property other than surface sampling by various geologists and the Norwegian Geological Survey (NGU).\nThe Option Agreement between EMC and REE Mining was brokered by Rokade AS, a mergers and acquisitions specialty group located in Oslo, Norway, and a member of the IMAP investment Banking Group, and is subject to TSX approval.\n\n\n >\n\n\nThe Company plans to initiate various exploration activities on the Properties, beginning immediately.\n\nMr. Willem Duyvesteyn, Chief Technology Officer of EMC commented:\n\n"This large area in southern Norway is a very interesting target for EMC, because it is a historic mining distr...