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Scandium International Receives Positive Final Determination on Nyngan Mining Lease Landowner Objection

RENO, NV / ACCESSWIRE / September 10, 2020 / Scandium International Mining Corp . ( TSX:SC...

articleScandium International Mining Corp.September 10, 20203/company/scandium-international-mining-corp/news/scandium-international-receives-positive-final-determination-on-nyngan-mining-lease-landowner-objection
Scandium International Receives Positive Final Determination on Nyngan Mining Lease Landowner Objection

About this update from Scandium International Mining Corp.

[{"type":"text","content":"Scandium International Receives Positive Final Determination on Nyngan Mining Lease Landowner ObjectionRENO, NV / ACCESSWIRE / September 10, 2020 / Scandium International Mining Corp. (TSX:SCY) (\"Scandium International\" or the \"Company\") has received a Final Determination letter from the Deputy Secretary, Department of Regional NSW, Division of Mining, Exploration and Geoscience (‘the Department'), relating to an objection affecting the Company's Nyngan Scandium project, The findings of this Final Determination by the Department are favorable to the Company, and confirm the proposed Department findings previously advised in April. This Final Determination resolves the outstanding objection, filed by a landowner in 2016, that affected a Mining Lease subsequently granted to the Nyngan Project in 2017. The Department findings and ruling will again allow all measured and indicated resource included in the Nyngan Scandium Project Definitive Feasibility Study (\"DFS\") to be reinstated in a Mining Lease grant. HIGHLIGHTS:NSW Government decides 5-year dispute with landowner in favor of mining. Findings remove objections from most of the Nyngan Project disputed area.Areas where objections were sustained do not coincide with established resource.The final Determination will allow all of the measured and indicated resource included in the DFS to be reinstated in a Mining Lease grant.DISCUSSION:The Department granted a Mining Lease (‘ML 1763') to SCY's Australian subsidiary, EMC Metals Australia Pty Ltd., in 2017. At that time, it was unknown, to both the Department and SCY, that a local landowner had filed a prior, timely, and valid objection to the granting of that Lease. This confusion of timing resulted in the Department coming under considerable scrutiny for both its handling of the matter, and subsequently arriving at a final decision on the validity of the landowner's objection.Written advice from the Department to the Company now makes clear that all required independent investigative processes, and all affected party comment periods, are now completed, and the Department's decision is final. There are further State Courts of Appeal available to the landowner, but the facts supporting this final decision are confirmed by the NSW Department of Primary Industry and follow governing Law. We believe the NSW Government...

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