Last updated on April 19, 2014 at 8:45 EDT

EMC Signs Option Agreement to Acquire Former Scandium Production Site In Utah, USA

September 13, 2011


VANCOUVER, Sept. 13, 2011 /PRNewswire/ – EMC Metals Corp. (the “Company” or “EMC”) (TSX:EMC) is pleased to announce that it has entered into an option agreement with
Mineral Exploration Services LLC of Reno, Nevada, pursuant to which EMC
has an option to earn a 100% interest in a patented mining claim and
former scandium property, known as The Little Green Monster, near the
town of Fairfield, Utah.  The property represents a high-grade scandium
phosphate exploration target, is the site of a historical small
underground scandium mining operation, and has been a popular
collecting site with hobbyists seeking rare and semi-precious phosphate
minerals, including the scandium phosphate mineral kolbeckite
[ScPO4-2H2O], for over a century.


        --  Property is the site of brief scandium resource mining in
        --  EMC has secured an option to acquire 100% of the property,
        --  EMC has staked 42 mining claims adjacent to the property,
        --  Access to historic mine workings  enables immediate sampling,
        --  Option rights were secured with payments totalling US$380,000,
            over 3 years.

Current Status – Fairfield Scandium Project

EMC now holds an option to acquire a 100% interest in the Little Green
Monster patented claim, and has staked an additional 42 claims in areas
of interest surrounding the core property and site of historical
activity. The Company has concurrently applied for and been granted an
exploration permit by State authorities, and has located and excavated
the old mine entrance.  Additionally, the mine has been accessed,
samples have been collected from various locations inside the mine,
samples have been shipped, and await assay by ALS Minerals Laboratory
in Vancouver, BC, Canada.  Some limited surface trenching work has also
been undertaken. Encouraging sampling assay results can be expected to
quickly lead to drill testing on the dimensions of the prospect.

Click here for a map of the Fairfield property area and to view photos
of the property:

Property History

Fairfield, Utah has long been recognized by mineral specimen collectors
as a source of unusual variscite [AlPO4-2H2O] mineral nodules, which
are typically slabbed, polished and displayed in mineral cabinets and
museums.  The mine producing area was known generally as the Clay
Canyon Variscite Mine, and was established as far back as the late
1880′s.  The site was prospected for variscite nodules for the next 40
years.  In 1937, the specific mineral claim was renamed the Little
Green Monster, and the existing mine workings were extended by Arthur
Montgomery and Ed Over, two ardent collectors who continued to produce
specimens which they offered for sale.

Scandium bearing minerals were first identified in 1940, in association
with variscite nodules, but commercial interest in kolbeckite as a
primary source of scandium mineralization did not begin until 1959. At
this time, the Kawecki Chemical Company (Boyerstown, Pa.) backed
exploration work from Ed Over and others, who shipped two samples of
phosphate bearing material totalling over 4,300 pounds, to a Kawecki
facility at Boyerstown.  Grades in these two sample batches were
reported to average 0.14% and 0.10% scandium by weight (equivalent to
1,000-1,400 ppm)*, based on information later published in the American Mineralogist in 1968 (Scandium content of some aluminum phosphates, Clifford Frondel, J. Ito, and Arthur Montgomery, volume 53, pp
1,223-1,231).  Kawecki Chemical Company worked for a time on refining
techniques, and for reasons unknown, was not sufficiently satisfied
with their results to maintain their interest.  The property changed
hands several more times in the ensuing years and the old mine workings
were bulldozed shut in a reclamation effort, sometime in the 1990′s.

*NOTE:  These previously published sample assay grades were established
in 1959, therefore are historical in nature, and there is no way to
verify these assay results.  Consequently these historic assay results
should not be relied upon by the reader as accurate estimates of
resource grades.

Pictures of the historic mine workings can be found on our website at www.emcmetals.com.

Mr. Willem Duyvesteyn, Chief Technology Officer of EMC comments:

“The Fairfield Scandium property represents a relatively high-grade
scandium exploration target for EMC.  The history of this property is a
compelling story as we seek additional scandium resources, and the
association of scandium with phosphate minerals here represents a new
and potentially exciting scandium deposit type.”

Mr. George Putnam, CEO of EMC comments:

“The Company continues to expand its portfolio of high-quality scandium
exploration targets around the world.  The Fairfield property
represents our first scandium exploration target in the US, and is
well-located on private, patented mining ground, lying near established
infrastructure within a historic mining district.  The history on the
property, the nature of the historical scandium occurrences, and the
recovery possibilities due to mineralogy, all support our enthusiasm
for this prospect.”

About EMC Metals

EMC’s high-priority development opportunity is the Nyngan Scandium joint
venture with Jervois Mining Limited of Melbourne, Australia.  The
Nyngan Scandium Project has a National Instrument (“NI”) 43-101
measured and indicated resource estimate of 12 million tonnes, grading
261 ppm Sc, based on a cut-off grade of 100 ppm Sc (“NI 43-101
Technical Report on Nyngan Scandium, Jervois Mining Limited, Nyngan,
New South Wales, Australia”, March 25, 2010).

EMC also holds the Springer Tungsten property in Nevada, USA, and the
Carlin Vanadium property near Carlin, Nevada.  Both properties have
current NI 43-101 compliant resource estimates, available on the
Company website and on SEDAR.

The technical information in this news release has been reviewed by
Willem Duyvesteyn, a Qualified Person as defined by National Instrument
43-101. Mr. Duyvesteyn is employed by EMC Metals.

No stock exchange, securities commission or other regulatory authority
has approved or disapproved the information contained herein.

This press release contains forward-looking information that involve
various risks and uncertainties regarding future events. Such
forward-looking information can include without limitation statements
based on current expectations involving a number of risks and
uncertainties and are not guarantees of future performance.
Specifically, while we are in the process of obtaining an independent
feasibility study on our Nyngan project, until such report is available
and demonstrates positive feasibility of the project, readers should
not assume that the project is economically feasible.  In addition, a
production decision involves numerous risks, including financing of the
project, market demand and market price fluctuations for scandium
produced and/or processed by us and other standard and usual risks of a
mining operation.  In regards to our exploration activities described
in this press release, there is no guarantee that we will identify
suitable targets for drilling, or that results of drilling will merit
further exploration.  In addition, our exploration activities are
subject to available funding, which may require that we raise capital
by equity based financing, the success of which we cannot predict. 
Accordingly, forward-looking information in this press release is based
on estimates and opinions of management on the dates they are made and
are expressly qualified in their entirety by this notice, and by other
risk factors disclosed in our public filings. Except as required by
law, EMC assumes no obligation to update forward-looking information
should circumstances or management’s estimates or opinions change.

Certain terms used in this news release are used in accordance with the
requirements of the securities laws in effect in Canada, which differ
from the requirements of U.S. securities laws.  Canadian requirements
differ significantly from the requirements of the U.S. Securities and
Exchange Commission (“SEC”), and resource information contained herein
may not be comparable to similar information disclosed by U.S.
companies.  Without limiting the generality of the foregoing, the term
“resource” does not equate to the term “reserves”.  The requirements of
NI 43-101 for identification of “reserves” are not the same as those of
the SEC, and reserves reported in compliance with NI 43-101 may not
qualify as “reserves” under SEC standards.  The SEC’s disclosure
standards normally do not recognize information concerning “measured
mineral resources”, “indicated mineral resources” or “inferred mineral
resources” or other descriptions of the amount of mineralization in
mineral deposits that do not constitute “reserves” by U.S. standards in
documents filed with the SEC.  In addition, resources that are
classified as “inferred mineral resources” have a great amount of
uncertainty as to their existence and great uncertainty as to their
economic and legal feasibility.  It cannot be assumed that all or any
part of an “inferred mineral resource” will ever be upgraded to a
higher category. Under Canadian rules, estimated “inferred mineral
resources” may not generally form the basis of feasibility or
pre-feasibility studies.  Investors are cautioned not to assume that
all or any part of an “inferred mineral resource” exists or is
economically or legally mineable.  Disclosure of “contained ounces” in
a resource is permitted disclosure under Canadian regulations, however,
the SEC normally only permits issuers to report mineralization that
does not constitute “reserves” by SEC standards as in-place tonnage and
grade without reference to unit measures.  Accordingly, information
concerning mineral deposits set forth herein may not be comparable with
information presented by companies using only U.S. standards in their
public disclosure.

SOURCE EMC Metals Corp.

Source: PR Newswire