Scandium International Mining Corp. provided an update on its drilling programs at both of its deposits in New South Wales (NSW), Australia. The drilling program has been planned for several years and is now possible because of the successful equity raise earlier this year.

The drilling is planned to take place in the first quarter of 2023 because of the excessive rainfall in the last two months. Nyngan: A 12 hole program is planned at Nyngan; 10 holes on ML 1792 and the remaining two on EL 8316. All of this work is on the western extremity of the existing Nyngan resource and should add further higher grade Scandium resource to the project.

With the resource approximately 20 meters below surface, a total of 500 metres of drilling is planned at Nyngan. Honeybugle: There are four major anomalies at Honeybugle and the drilling program is planned to better understand two of the anomalies at Honeybugle - Woodlong and Seaford. Woodlong exploration, which believe to be the most prospective, will involve 27 holes which will follow up on earlier higher grade results.

At Seaford, six holes will be drilled, with the goal to delineate any extension of earlier promising results. A total of 800 metres of drilling is planned at Honeybugle which is also a shallow mineralization. The NSW Government has confirmed that the Honeybugle exploration license has been approved for renewal for a further 6 years.