SCY Receives Favorable Government Notice on Nyngan Mining Lease Landowner Objection

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[{"type":"text","content":"SCY Receives Favorable Government Notice on Nyngan Mining Lease Landowner ObjectionRENO, NV / ACCESSWIRE / April 21, 2020 / Scandium International Mining Corp. (TSX:SCY) (\"Scandium International\" or the \"Company\") advises that it has received a favorable ‘Notice of Proposed Decision' (the ‘Notice') from the Deputy Secretary, Department of Regional NSW, Division of Mining, Exploration and Geoscience (‘the Department'). The Notice addresses recent developments regarding resolution of a landowner objection filed in August 2016 against the grant of a mining lease relating to the Nyngan Scandium Project. The newly proposed decision, if finalized, would allow all of the measured and indicated resource included in the Nyngan Scandium Project DFS to be reinstated in a mining lease grant. This Notice references new governmental findings regarding the ultimate determination of this outstanding landowner objection, and indicates that the Deputy Secretary now believes the objection has failed to meet key legal tests on major portions of the affected area, which are specifically defined. The Notice also makes clear the advice is to be understood as a proposed decision, rather than a final decision. The affected parties have 21 days to file further information or arguments, at which time the Deputy Secretary will consider those submissions and render a final decision, as soon as practicable, on the outstanding 2016 objection.The content of this latest Department Notice represents a significant reversal of prior draft findings and advice delivered to SCY, and previously forwarded to SCY shareholders. If these findings are upheld in final decision, the implications will clearly be positive to ongoing development efforts on the Nyngan Project.HIGHLIGHTS FROM LATEST GOVERNMENT ADVICE:NSW Government agencies refute prior consultant findings of a valid objection.Revised findings would remove objections from most of the disputed area.Areas where objection may be sustained do not coincide with established resource.The newly proposed decision, if finalized, would allow all of the measured and indicated resource included in the DFS to be reinstated in a mine lease grant, andA final decision from the Deputy Secretary will not be made until a comment period expires (May 5, 2020) and any comments have been fully considered.DISCUSS...

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