Scandium Canada is advancing its strategic metal and gold properties in Quebec, aiming to become the world’s first primary scandium producer. Listed as SCD on the Toronto Venture Exchange, the company is developing the Crater Lake project, the world’s largest primary scandium resource. With strong local support and an experienced team, Scandium Canada is poised to revolutionize the scandium market, contributing to reduced carbon emissions and offering significant investment potential.
Guy Bourassa, CEO of Scandium Canada, joined us at the Online Investment Conference to present the story.
WATCH IT HERE: A Strategic Mineral for a Low-Carbon Future – Scandium Canada
HEAD OFFICE
410 Saint-Nicolas, Suite 236
Montreal, QC Canada H2Y 2P5
T: (514)-360-0571
E: info@scandium-canada.com
W: scandium-canada.com
For more information, contact:
Rebecca Greco
E: fighouse@yahoo.com
T: (416)-822-6483
Key Presentation Insights…
Scandium Canada leads the way in advancing strategic metal and gold properties in Quebec and aims to become the world’s first primary scandium producer. Listed as SCD on the Toronto Venture Exchange, they contribute to society’s goal of reducing carbon emissions to Net Zero.
About Scandium Canada
Scandium Canada is developing one of the largest primary scandium projects in the world. Their Crater Lake mine project, located 200 km northeast of Schefferville, Québec, is accessible via fixed-wing aircraft or helicopter. The property consists of 96 contiguous claims covering 47.0 km2, all owned 100% by Scandium Canada.
The Metal of the Future
Scandium, a silvery-white metal, has properties similar to aluminum but with enhanced strength, lightness, and corrosion resistance when alloyed with aluminum. This makes it highly valuable for manufacturing high-performance components for aerospace, aircraft, missiles, satellites, and electric vehicles (EVs). Scandium also conducts electricity and heat excellently.
Current Supply and Market Potential
The global supply of scandium is currently limited to 35-40 tons annually, produced as a byproduct of other minerals. Scandium Canada believes the market can expand to 2,000 tons per year. The potential applications for scandium alloys in aerospace, defense, and EV sectors underscore the need for a long-term, safe supply of this critical material.
Investment Opportunity
Scandium Canada offers a unique investment opportunity with their Crater Lake project, the world’s largest primary scandium resource. Located in a mining-friendly jurisdiction in Quebec, the project has a 1.7 billion CAD after-tax Net Present Value (NPV) according to the 2022 preliminary economic assessment (PEA). The company has established strong relationships with local communities, including a pre-development agreement with the Naskapi Nation of Kawawachikamach.
Management Team
Guy Bourassa leads a highly experienced management team with a proven track record in mining and strategic marketing. With over 30 years in the mining sector, they are well-equipped to advance the Crater Lake project. The team includes President and COO Pierre Neatby, Chief Science Officer Dr. Luc Duchesne, and strategic advisors with expertise in automotive materials, technology, and scandium projects.
Development Milestones
Scandium Canada is actively progressing towards a pre-feasibility study, with geotechnical and infill drilling planned for summer 2024. The company aims to reach the construction financing stage by early 2027. Their capital structure includes 216 million shares outstanding and 252 million fully diluted, with plans to attract large institutional investors as the project advances.
Why Invest in Scandium Canada?
Scandium Canada’s unique position as the first primary scandium producer in a mining-friendly jurisdiction, coupled with strong local support and an experienced team, makes it a compelling investment opportunity. With a large scandium resource, advanced development plans, and significant market potential, Scandium Canada is poised for success.
For more information, contact Guy Bourassa at Scandium Canada or reach him directly at 418-582-30. Join them in pioneering the future of scandium and making a significant impact on the world.
$scd.vn $otcqb: scdcf #scandium #quebecmining #basemetals
