Scandium International Mining (SCYYF) 10-K 5 Mar 19 2018 FY Annual report Financial data

Document and Entity Information

Document and Entity Information - USD ($)	12 Months Ended
	Dec. 31, 2018	Feb. 28, 2019	Jun. 30, 2018
Document Type	10-K
Amendment Flag	false
Document Period End Date	Dec. 31, 2018
Trading Symbol	scy
Entity Registrant Name	SCANDIUM INTERNATIONAL MINING CORP.
Entity Central Index Key	1,408,146
Current Fiscal Year End Date	--12-31
Entity Filer Category	Non-accelerated Filer
Entity Common Stock, Shares Outstanding		304,781,294
Entity Current Reporting Status	Yes
Entity Voluntary Filers	No
Entity Well Known Seasoned Issuer	No
Entity Public Float			$ 19,076,270
Document Fiscal Year Focus	2,018
Document Fiscal Period Focus	FY
Entity Shell Company	false
Entity Small Business	true
Entity Emerging Growth Company	false

CONSOLIDATED BALANCE SHEETS

CONSOLIDATED BALANCE SHEETS - USD ($)	Dec. 31, 2018	Dec. 31, 2017
Current
Cash	$ 284,757	$ 343,434
Prepaid expenses and receivables	38,951	45,986
Total Current Assets	323,708	389,420
Reclamation bond	11,444
Equipment	9,274	1,947
Mineral property interests	704,053	704,053
Total Assets	1,048,479	1,095,420
Current
Accounts payable and accrued liabilities	146,586	34,153
Accounts payable with related parties		32,036
Total Liabilities	146,586	66,189
Stockholders' Equity
Capital stock (Authorized: Unlimited number of common shares; Issued and outstanding: 304,781,294 (2017 - 291,970,239)	108,244,311	106,468,869
Treasury stock (1,033,333 common shares) (2017 - 1,033,333)	(1,264,194)	(1,264,194)
Additional paid in capital	5,675,812	4,617,484
Accumulated other comprehensive loss	(853,400)	(853,400)
Deficit	(110,900,636)	(107,939,528)
Total Stockholders' Equity	901,893	1,029,231
Total Liabilities and Equity	$ 1,048,479	$ 1,095,420

CONSOLIDATED BALANCE SHEETS (Pa

CONSOLIDATED BALANCE SHEETS (Parentheticals) - $ / shares	Dec. 31, 2018	Dec. 31, 2017
Common Stock, Shares Authorized
Common Stock, No Par Value
Common Stock, Shares, Issued	304,781,294	291,970,239
Common Stock, Shares, Outstanding	304,781,294	291,970,239
Treasury Stock (common shares)	1,033,333	1,033,333

CONSOLIDATED STATEMENTS OF LOSS

CONSOLIDATED STATEMENTS OF LOSS AND COMPREHENSIVE LOSS - USD ($)	12 Months Ended
	Dec. 31, 2018	Dec. 31, 2017
EXPENSES
Amortization	$ 1,050	$ 971
Consulting	316,919	182,028
Exploration	331,315	312,185
General and administrative	421,934	300,234
Insurance	30,050	29,068
Professional fees	96,387	97,977
Salaries and benefits	544,150	623,525
Stock-based compensation	1,078,664	1,283,830
Travel and entertainment	76,845	85,888
Loss from Operations	(2,897,314)	(2,915,706)
Foreign exchange gain (loss)	(63,794)	51,628
Loss and comprehensive loss for the year	(2,961,108)	(2,864,078)
Loss attributable to non-controlling interest in a subsidiary		73,488
Loss and comprehensive loss for the year attributable to Scandium International Mining Corp.	$ (2,961,108)	$ (2,790,590)
Basic and diluted loss per common share attributable to Scandium International Mining Corp.(in dollars per share)	$ (0.01)	$ (0.01)
Basic and diluted weighted average number of common shares outstanding (in shares)	301,187,498	230,206,639

CONSOLIDATED STATEMENTS OF CASH

CONSOLIDATED STATEMENTS OF CASH FLOWS	12 Months Ended
	Dec. 31, 2018USD ($)	Dec. 31, 2017USD ($)
CASH FLOWS USED IN OPERATING ACTIVITIES
Loss for the year	$ (2,961,108)	$ (2,864,078)
Items not affecting cash:
Amortization	1,050	971
Stock-based compensation	1,078,664	1,283,830
Changes in non-cash working capital items:
Decrease in prepaids and receivables	7,035	5,241
Increase in accounts payable, accrued liabilities and accounts payable with related parties	80,397	24,836
Net Cash Provided by Used in Operating Activities	(1,793,962)	(1,549,200)
CASH FLOWS USED IN INVESTING ACTIVITIES
Reclamation bond	(11,444)
Equipment purchase	(8,377)
Net Cash Provided by Used in Investing Activities	(19,821)
CASH FLOWS FROM FINANCING ACTIVITIES
Common shares issued	1,675,300	1,082,250
Options exercised for common shares	79,806	195,150
Net Cash Provided by Used in Financing Activities	1,755,106	1,277,400
Change in cash during the year	(58,677)	(271,800)
Cash, beginning of year	343,434	615,234
Cash, end of year	$ 284,757	$ 343,434

CONSOLIDATED STATEMENTS OF CHAN

CONSOLIDATED STATEMENTS OF CHANGES IN EQUITY - USD ($)	Capital Stock [Member]	Additional Paid-in Capital [Member]	Treasury Stock [Member]	Accumulated Other Comprehensive Loss [Member]	Deficit [Member]	Shareholders' Equity [Member]	Noncontrolling Interest in a Subsidiary [Member]	Total
Beginning Balance at Dec. 31, 2016	$ 91,142,335	$ 6,844,671	$ (1,264,194)	$ (853,400)	$ (93,446,610)	$ 2,422,802	$ (1,090,723)	$ 1,332,079
Beginning Balance (Shares) at Dec. 31, 2016	225,047,200
Private placement	$ 1,082,250					1,082,250		1,082,250
Private placement, Shares	4,807,394
Options exercised	$ 414,052	(218,902)				195,150		195,150
Options exercised (Shares)	3,285,000
Minority interest acquisition	$ 13,830,232	(3,292,115)			(11,702,328)	(1,164,211)	1,164,211
Minority interest acquisition (Shares)	58,830,645
Stock-based compensation		1,283,830				1,283,830		1,283,830
Loss for the period					(2,790,590)	(2,790,590)	$ (73,488)	(2,864,078)
Ending Balance at Dec. 31, 2017	$ 106,468,869	4,617,484	(1,264,194)	(853,400)	(107,939,528)	1,029,231		1,029,231
Ending Balance (Shares) at Dec. 31, 2017	291,970,239
Private placement	$ 1,675,300					1,675,300		1,675,300
Private placement, Shares	11,801,055
Options exercised	$ 100,142	(20,336)				79,806		79,806
Options exercised (Shares)	1,010,000
Stock-based compensation		1,078,664				1,078,664		1,078,664
Loss for the period					(2,961,108)	(2,961,108)		(2,961,108)
Ending Balance at Dec. 31, 2018	$ 108,244,311	$ 5,675,812	$ (1,264,194)	$ (853,400)	$ (110,900,636)	$ 901,893		$ 901,893
Ending Balance (Shares) at Dec. 31, 2018	304,781,294

NATURE AND CONTINUANCE OF OPERA

NATURE AND CONTINUANCE OF OPERATIONS	12 Months Ended
	Dec. 31, 2018
NATURE AND CONTINUANCE OF OPERATIONS [Text Block]	1. NATURE AND CONTINUANCE OF OPERATIONS Scandium International Mining Corp. (the “Company”) is a specialty metals and alloys company focusing on scandium and other specialty metals. The Company was incorporated under the laws of the Province of British Columbia, Canada in 2006. The Company currently trades on the Toronto Stock Exchange under the symbol “SCY”. The Company’s focus is on the exploration and evaluation of its specialty metals assets, specifically the Nyngan scandium deposit located in New South Wales, Australia. The Company is an exploration stage company and anticipates incurring significant additional expenditures prior to production at any and all of its properties. In fiscal 2015, the Company settled a $2,500,000 promissory note payable in exchange for a 20% interest in its Australian subsidiary which holds the Nyngan and Honeybugle properties. In fiscal 2017, this 20% interest was converted into common shares of the Company (Note 11). These consolidated financial statements have been prepared on a going concern basis that contemplates the realization of assets and discharge of liabilities at their carrying values in the normal course of business for the foreseeable future. These financial statements do not reflect any adjustments that may be necessary if the Company is unable to continue as a going concern. The Company currently earns no operating revenues and will require additional capital in order to advance the Nyngan property. The Company’s ability to continue as a going concern is uncertain and is dependent upon the generation of profits from mineral properties, obtaining additional financing and maintaining continued support from its shareholders and creditors. These are material uncertainties that raise substantial doubt about the Company’s ability to continue as a going concern. In the event that additional financial support is not received, or operating profits are not generated, the carrying values of the Company’s assets may be adversely affected.

SIGNIFICANT ACCOUNTING POLICIES

SIGNIFICANT ACCOUNTING POLICIES	12 Months Ended
	Dec. 31, 2018
SIGNIFICANT ACCOUNTING POLICIES [Text Block]	2. SIGNIFICANT ACCOUNTING POLICIES a) Basis of presentation These consolidated financial statements have been prepared in conformity with generally accepted accounting principles of the United States of America (“US GAAP”). These consolidated financial statements include the accounts of the Company and its wholly-owned subsidiaries, EMC Metals USA Inc., Scandium International Mining Corp. Norway AS, SCY Exploration Finland Oy and EMC Metals Australia Pty Ltd.(“EMC-A”).” During fiscal 2017, Wolfram Jack Mining Corp. and The Technology Store, Inc. were wound up and no longer are included in these consolidated financial statements. Non-controlling interest represents the minority shareholders’ 20% proportionate share of the net assets and results of the Company’s majority-owned Australian subsidiary, EMC-A, until the date the 20% interest was disposed by the Company (Note 11). In October 2017, the Company reacquired the remaining 20% minority interest in EMC-A through the issuance of common shares (Note 11). All significant intercompany accounts and transactions have been eliminated on consolidation. b) Use of estimates The preparation of consolidated financial statements in conformity with US GAAP requires management to make estimates and assumptions that affect the reported amounts of assets and liabilities and the disclosure of contingent assets and liabilities at the date of the financial statements and the reported amounts of expenses during the reporting period. The Company regularly evaluates estimates and assumptions related to the deferred income tax asset valuations, asset impairment, stock-based compensation and loss contingencies. The Company bases its estimates and assumptions on current facts, historical experience and various other factors that it believes to be reasonable under the circumstances, the results of which form the basis for making judgments. The actual results experienced by the Company may differ materially and adversely from the Company’s estimates. To the extent there are material differences between estimates and the actual results, future results of operations will be affected. The Company considers itself to be an exploration stage company and will consider the transition to development stage after it receives funding to begin mine construction, and board approval. c) Equipment Equipment is recorded at cost less accumulated amortization, calculated as follows: Computer equipment 30% straight line Office equipment 20% straight line d) Mineral interests and exploration and development costs The costs of acquiring mineral rights are capitalized at the date of acquisition. After acquisition, various factors can affect the recoverability of the capitalized costs. If, after review, management concludes that the carrying amount of a mineral interest is impaired, it will be written down to estimated fair value. Exploration costs incurred on mineral interests are expensed as incurred. Development costs incurred on proven and probable reserves will be capitalized. Upon commencement of production, capitalized costs will be amortized using the unit-of-production method over the estimated life of the ore body based on proven and probable reserves. e) Asset retirement obligations The Company records the fair value of an asset retirement obligation as a liability in the period in which it incurs a legal obligation associated with the retirement of tangible long-lived assets that result from the acquisition, construction, development, and/or normal use of the long-lived assets. The Company also records a corresponding asset which is amortized over the life of the asset. Subsequent to the initial measurement of the asset retirement obligation, the obligation is adjusted at the end of each period to reflect the passage of time (accretion expense) and changes in the estimated future cash flows underlying the obligation (asset retirement cost). f) Long-lived assets Long-lived assets held and used by the Company are reviewed for impairment whenever events or changes in circumstances indicate that the carrying amount of an asset may not be recoverable. For purposes of evaluating the recoverability of long-lived assets, the recoverability test is performed using undiscounted net cash flows or fair value in use related to the long-lived assets. If such assets are considered to be impaired, the impairment recognized is measured by the amount by which the carrying amount of the assets exceeds the fair value of the assets. Assets to be disposed of are reported at the lower of the carrying amount or fair value less costs to sell. g) Income taxes The Company accounts for income taxes under the asset and liability method. Deferred tax assets and liabilities are recognized for the future tax consequences attributable to differences between the financial statement carrying amounts of existing assets and liabilities and their respective tax bases. Deferred tax assets and liabilities are measured using enacted tax rates expected to apply to taxable income in the years in which those temporary differences are expected to be recovered or settled. Under the asset and liability method the effect on deferred tax assets and liabilities of a change in tax rates is recognized in income in the period that includes the enactment date. A valuation allowance is recognized if it is more likely than not that some part or all of the deferred tax asset will not be recognized. h) Loss per share Basic loss per common share is computed using the weighted average number of common shares outstanding during the year. To calculate diluted loss per share, the Company uses the treasury stock method and the if converted method. As at December 31, 2018 and 2017 there were no warrants outstanding and 29,065,000 options (2017 – 23,585,000) outstanding which have not been included in the weighted average number of common shares outstanding as these were anti-dilutive. i) Foreign exchange The Company's and subsidiaries’ functional currency is the US Dollar (“USD”). Any monetary assets and liabilities that are in a currency other than the USD are translated at the rate prevailing at year end. Revenue and expenses in a foreign currency are translated at rates that approximate those in effect at the time of translation. Gains and losses from translation of foreign currency transactions into USD are included in current results of operations. Fixed assets and mineral properties have been translated at historical rates, the rate on the date of the transaction. j) Stock-based compensation The Company accounts for stock-based compensation under the provisions of Accounting Standard Codification (“ASC”) 718, “Compensation-Stock Compensation”. Under the fair value recognition provisions, stock-based compensation expense is measured at the grant date for all stock-based awards to employees and directors and is recognized as an expense over the requisite service period, which is generally the vesting period. Any grants to non-employees are measured at the fair value of the services provided, or at the fair value of the options granted, whichever is more reliable. The Black-Scholes option valuation model is used to calculate fair value. k) Financial instruments The Company’s financial instruments consist of cash, receivables, accounts payable and accrued liabilities, and accounts payable with related parties. It is management's opinion that the Company is not exposed to significant interest, currency or credit risks arising from its financial instruments. The fair values of these financial instruments approximate their carrying values unless otherwise noted. The Company has its cash primarily in three commercial banks, one in Chicago, Illinois, United States of America, one in Vancouver, British Columbia, Canada and one in Melbourne, Victoria, Australia. l) Concentration of credit risk The financial instrument which potentially subjects the Company to concentration of credit risk is cash. The Company maintains cash in bank accounts that, at times, may exceed federally insured limits. As at December 31, 2018 and 2017, the Company has exceeded the federally insured limit. The Company has not experienced any losses in such amounts and believes it is not exposed to any significant risks on its cash in bank accounts. m) Fair value of financial assets and liabilities The Company measures the fair value of financial assets and liabilities based on US GAAP guidance which defines fair value, establishes a framework for measuring fair value, and expands disclosures about fair value measurements. The Company classifies financial assets and liabilities as held-for-trading, available-for-sale, held-to-maturity, loans and receivables or other financial liabilities depending on their nature. Financial assets and financial liabilities are recognized at fair value on their initial recognition, except for those arising from certain related party transactions which are accounted for at the transferor’s carrying amount or exchange amount. Financial assets and liabilities classified as held-for-trading are measured at fair value, with gains and losses recognized in net income. Financial assets classified as held-to-maturity, loans and receivables, and financial liabilities other than those classified as held-for-trading are measured at amortized cost, using the effective interest method of amortization. Financial assets classified as available-for-sale are measured at fair value, with unrealized gains and losses being recognized as other comprehensive income until realized, or if an unrealized loss is considered other than temporary, the unrealized loss is recorded in income. Financial instruments, including receivables, accounts payable and accrued liabilities, and accounts payable with related parties are carried at amortized cost, which management believes approximates fair value due to the short-term nature of these instruments. The following table presents information about the assets that are measured at fair value on a recurring basis as at December 31, 2018 and indicates the fair value hierarchy of the valuation techniques the Company utilized to determine such fair value. In general, fair values determined by Level 1 inputs utilize quoted prices (unadjusted) in active markets for identical assets. Fair values determined by Level 2 inputs utilize data points that are observable such as quoted prices, interest rates and yield curves. Fair values determined by Level 3 inputs are unobservable data points for the asset or liability, and included situations where there is little, if any, market activity for the asset: Quoted Prices Significant Other Significant December 31, in Active Markets Observable Inputs Unobservable Inputs 2018 (Level 1) (Level 2) (Level 3) Assets: Cash $ 284,757 $ 284,757 $ — $ — Total $ 284,757 $ 284,757 $ — $ — The fair values of cash are determined through market, observable and corroborated sources. n) Recently Adopted and Recently Issued Accounting Standards Accounting Standards Update 2018-13 – Fair Value Measurement (Topic 840) Disclosure Framework—Changes to the Disclosure Requirements for Fair Value Measurement. The amendments in this update apply to all entities that are required, under existing GAAP, to make disclosures about recurring or nonrecurring fair value measurements. This standard is effective for interim and annual reporting periods beginning after December 15, 2019, with early adoption permitted. The Company is currently evaluating the impact this guidance will have on its financial statements. Accounting Standards Update 2018-11 - Leases (Topic 842) Targeted Update. This accounting pronouncement is an update to Accounting Standard 2016-02 (see below). This standard allows for an additional (and optional) transition method. This standard is effective for interim and annual reporting periods beginning after December 15, 2018, with early adoption permitted. The Company has adopted the FASB 842-10-50-1 election with no expected material effect to the consolidated financial statements. Accounting Standards Update 2018-07 – Compensation – Stock Compensation (Topic 718) Improvements to Nonemployee Share-Based Payment Accounting. This accounting pronouncement deals with simplification of share-based accounting in efforts to maintain or improve the usefulness of the information provided to the users of financial statements while reducing cost and complexity in financial reporting. The areas for simplification in this update involve several aspects of the accounting for nonemployee share-based payment transactions resulting from expanding the scope of Topic 718, Compensation—Stock Compensation, to include share-based payment transactions for acquiring goods and services from nonemployees. The amendments in this update are effective for public business entities for fiscal years beginning after December 15, 2018, including interim periods within that fiscal year. The Company will adopt this policy with no expected material effect to the consolidated financial statements. Accounting Standards Update 2017-09 – Compensation – Stock Compensation (Topic 718) Scope of Modification Accounting. This accounting pronouncement deals with a change in any of the terms or conditions of a share-based payment award. The standard goes into effect for all interim and annual statements beginning after December 15, 2017. The Company has adopted this policy with no material effect to the consolidated financial statements. Accounting Standards Update 2016-02 - Leases (Topic 842). This accounting pronouncement allows lessees to make an accounting policy election to not recognize a lease asset and liability for leases with a term of 12 months or less and that do not have a purchase option that is expected to be exercised. This standard is effective for interim and annual reporting periods beginning after December 15, 2018, with early adoption permitted. The Company has adopted this policy which will have no material effect to the consolidated financial statements. Accounting Standards Update 2016-01 – Financial Instruments – Overall (Subtopic 825-10): Recognition and Measurement of Financial Assets and Financial Liabilities. This accounting pronouncement, which goes into effect for annual periods beginning after December 12, 2017, is far reaching and covers several presentation areas dealing with measurement, impairment, assumptions used in estimating fair value and several other areas. The Company has adopted this policy with no material effect to the consolidated financial statements.

EQUIPMENT

EQUIPMENT	12 Months Ended
	Dec. 31, 2018
EQUIPMENT [Text Block]	3. EQUIPMENT 2018 December 31, December 31, 2017 Net Book Additions 2018 Net Book Value (disposals) Amortization Value Computer equipment $ 1,947 $ 8,377 $ (1,050 ) $ 9,274 2017 December 31, December 31, 2016 Net Book Additions 2017 Net Book Value (disposals) Amortization Value Computer equipment $ 2,918 $ - $ (971 ) $ 1,947

MINERAL PROPERTY INTERESTS

MINERAL PROPERTY INTERESTS	12 Months Ended
	Dec. 31, 2018
MINERAL PROPERTY INTERESTS [Text Block]	4. MINERAL PROPERTY INTERESTS Scandium and other Acquisition costs Balance, December 31, 2018, 2017 and 2016 $ 704,053 Title to mineral property interests involves certain inherent risks due to the difficulties of determining the validity of certain claims as well as the potential for problems arising from the frequently ambiguous conveyancing history characteristic of many mineral property interests. The Company has investigated title to all of its mineral property interests and, to the best of its knowledge, title to all of its properties is in good standing. SCANDIUM PROPERTIES Nyngan, New South Wales Property The Company holds a 100% (Note 11) interest in the Nyngan property in New South Wales, Australia (“NSW”). A definitive feasibility study was completed on the property in fiscal 2016. During December 2017, the Company revised and renewed a scandium product offtake agreement for delivery of scandium-based product upon availability from mine production. Royalties attached to the Nyngan property include a 0.7% royalty on gross mineral sales on the property, a 1.5% Net Profits Interest royalty to private parties involved with the early exploration on the property, and a 1.7% Net Smelter Returns royalty payable for 12 years after production commences, subject to terms in the settlement agreement. Another revenue royalty is payable to private interests of 0.2%, subject to a $370,000 cap. A NSW minerals royalty will also be levied on the project, subject to negotiation, currently 4% on revenue. Honeybugle property, Australia The Company holds a 100% interest in its Honeybugle properties. Kiviniemi Scandium Property Finland In August 2018, the Company was granted an Exploration License for the Kiviniemi Scandium Property in central Finland from the Finnish regulatory body governing mineral exploration and mining in Finland. As of September 30, 2018, no funds have been capitalized for this property. During fiscal 2018, a reclamation bond of $11,444 (€10,000) was placed.

RELATED PARTY TRANSACTIONS

RELATED PARTY TRANSACTIONS	12 Months Ended
	Dec. 31, 2018
RELATED PARTY TRANSACTIONS [Text Block]	5. RELATED PARTY TRANSACTIONS During the year ended December 31, 2018, the Company expensed $695,405 for stock-based compensation for stock options issued to Company directors. During the year ended December 31, 2017, the Company expensed $841,930 for stock options issued to Company directors. During each of the years ended December 31, 2018 and December 31, 2017 the Company paid a consulting fee of $102,000 to one of its directors. As at December 31, 2018, the Company owed $Nil (2017 - $32,036) to officers of the Company.

CAPITAL STOCK AND ADDITIONAL PA

CAPITAL STOCK AND ADDITIONAL PAID IN CAPITAL	12 Months Ended
	Dec. 31, 2018
CAPITAL STOCK AND ADDITIONAL PAID IN CAPITAL [Text Block]	6. CAPITAL STOCK AND ADDITIONAL PAID IN CAPITAL On May 4, 2018, the Company issued 6,071,888 common shares at a value of C$0.18 per common share for total proceeds of C$1,092,940 ($864,402). On March 21, 2018, the Company issued 5,729,167 common shares at a value of C$0.18 per common share for total proceeds of C$1,031,250 ($810,898). On October 6, 2017, the Company issued 58,830,645 common shares for conversion of the minority interest in its Australian properties at a fair value of $13,830,232 (Note 11). On August 2, 2017, the Company issued 3,628,333 common shares at a value of C$0.30 per common share for total proceeds of C$1,088,500 ($820,875). On March 17, 2017, the Company issued 1,179,061 common shares at a value of C$0.29 per common share for total proceeds of C$341,928 ($261,375). Stock Options The Company established a stock option plan (the “Plan”) under which it is authorized to grant options to executive officers and directors, employees and consultants and the number of options granted under the Plan shall not exceed 15% of the shares outstanding. Under the Plan, the exercise period of the options may not exceed ten years from the date of grant and vesting is determined by the Board of Directors. Stock option transactions are summarized as follows: Stock Options Weighted average Number exercise price in Canadian $ Outstanding, December 31, 2016 21,820,000 $ 0.11 Granted 5,600,000 0.38 Exercised (3,285,000 ) 0.08 Expired (550,000 ) 0.07 Outstanding, December 31, 2017 23,585,000 0.18 Granted 6,850,000 0.22 Exercised (1,010,000 ) 0.10 Expired (360,000 ) 0.27 Outstanding, December 31, 2018 29,065,000 $ 0.194 Number currently exercisable 28,130,000 $ 0.192 As at December 31, 2018, incentive stock options were outstanding as follows: Number of Number of Exercise Options Options Price in (outstanding) (exercisable) Canadian $ Expiry Date Options 3,375,000 3,375,000 0.120 July 25, 2019 200,000 200,000 0.100 December 30, 2019 3,450,000 3,450,000 0.140 April 17, 2020 250,000 250,000 0.600 May 11, 2020 400,000 400,000 0.115 August 28, 2020 4,300,000 4,300,000 0.100 November 5, 2020 4,850,000 4,850,000 0.130 February 8, 2021 400,000 400,000 0.200 June 14, 2021 4,980,000 4,795,000 0.370 February 21, 2022 250,000 100,000 0.300 October 6, 2022 6,260,000 5,660,000 0.225 January 19, 2023 350,000 350,000 0.185 August 30, 2023 29,065,000 28,130,000 As at December 31, 2018 the Company’s outstanding and exercisable stock options have an aggregate intrinsic value of $1,084,994 (2017 - $1,467,123). Stock-based compensation During the year ended December 31, 2018, the Company recognized stock-based compensation of $1,078,664 (December 31, 2017 - $1,283,830) in the statement of loss and comprehensive loss as a result of incentive stock options granted and vested in the current period. There was a corresponding entry to additional paid in capital. There were 6,850,000 stock options granted during the year ended December 31, 2018 (December 31, 2017 – 5,600,000). The weighted average fair value of the options granted in the year was C$0.19 (2017 - C$0.32) . The fair value of all compensatory options granted is estimated on grant date using the Black-Scholes option pricing model. The weighted average assumptions used in calculating the fair values of options granted are as follows: 2018 2017 Risk-free interest rate 1.96% 1.13% Expected life 5 years 5 years Volatility 127.81% 141.12% Forfeiture rate 0.00% 0.00% Dividend rate 0.00% 0.00%

TREASURY STOCK

TREASURY STOCK	12 Months Ended
	Dec. 31, 2018
TREASURY STOCK [Text Block]	7. TREASURY STOCK Number Amount Treasury shares, December 31, 2018, 2017 and 2016 1,033,333 $ 1,264,194 Treasury shares comprise shares of the Company which cannot be sold without the prior approval of the TSX.

SEGMENTED INFORMATION

SEGMENTED INFORMATION	12 Months Ended
	Dec. 31, 2018
SEGMENTED INFORMATION [Text Block]	8. SEGMENTED INFORMATION The Company’s mineral properties are located in Australia. The Company’s capital assets’ geographic information is as follows: December 31, 2018 Australia United States Total Equipment $ - $ 9,724 $ 9,724 Mineral property interests 704,053 - 704,053 $ 704,053 $ 9,724 $ 713,777 December 31, 2017 Australia United States Total Equipment $ - $ 1,947 $ 1,947 Mineral property interests 704,053 - 704,053 $ 704,053 $ 1,947 $ 706,000

DEFERRED INCOME TAX

DEFERRED INCOME TAX	12 Months Ended
	Dec. 31, 2018
DEFERRED INCOME TAX [Text Block]	9. DEFERRED INCOME TAX A reconciliation of income taxes at statutory rates with the reported taxes is as follows: 2018 2017 Loss before income taxes $ (2,961,108 ) $ (2,864,078 ) Expected income tax (recovery) (768,000 ) (726,000 ) Change in statutory, foreign exchange rates, and other 2,000,000 (20,000 ) Permanent difference 289,000 312,000 Adjustment to prior years provision versus statutory tax returns - (453,000 ) Change in unrecognized deductible temporary differences (1,521,000 ) 887,000 Total Income tax expense (recovery) $ - $ - The significant components of the Company’s deferred tax assets that have not been included on the consolidated statement of financial position are as follows; 2018 2017 Deferred Tax Assets (Liabilities) Exploration and evaluation assets $ 1,372,000 $ 1,708,000 Property and equipment 51,000 69,000 Share issue costs 3,000 8,000 Marketable securities 14,000 19,000 Allowable capital losses 1,404,000 1,913,000 Non-capital losses available for future periods 3,463,000 4,111,000 6,307,000 7,828,000 Unrecognized deferred tax assets (6,307,000 ) (7,828,000 ) Net deferred tax assets $ - $ - The significant components of the Company’s temporary differences, unused tax credits and unused tax losses that have not been included on the consolidated statement of financial position are as follows: 2018 Expiry Date 2017 Expiry Date Range Range Temporary Differences Exploration and evaluation assets $ 5,231,000 No expiry date $ 6,536,000 No expiry date Property and equipment 196,000 No expiry date 264,000 No expiry date Share issue costs 10,000 2036 to 2039 37,000 2036 to 2039 Marketable securities 106,000 No expiry date 145,000 No expiry date Allowable capital losses 5,399,000 No expiry date 7,359,000 No expiry date Non-capital losses available for future periods 13,195,000 2019 to 2038 15,709,000 2018 to 2037

SUPPLEMENTAL DISCLOSURE WITH RE

SUPPLEMENTAL DISCLOSURE WITH RESPECT TO CASH FLOWS	12 Months Ended
	Dec. 31, 2018
SUPPLEMENTAL DISCLOSURE WITH RESPECT TO CASH FLOWS [Text Block]	10. SUPPLEMENTAL DISCLOSURE WITH RESPECT TO CASH FLOWS There were no major non-cash transactions in the year ended December 31, 2018. On October 10, 2017, the Company closed a share exchange transaction to acquire 100% ownership of EMC-A in a non-cash transaction. The Company issued 58,830,645 shares of the Company’s common shares at a fair value of $13,830,232 to increase the Company ownership of EMC-A from 80% to 100% and payout of a 20% portion of a royalty (see Note 11 for additional details). There were no amounts paid for taxes and interest in the years ended December 31, 2018 and December 31, 2017.

EMC METALS AUSTRALIA PTY LTD

EMC METALS AUSTRALIA PTY LTD	12 Months Ended
	Dec. 31, 2018
EMC METALS AUSTRALIA PTY LTD [Text Block]	11. EMC METALS AUSTRALIA PTY LTD On August 24, 2015 the Company’s $2,500,000 promissory note payable converted into a 20% ownership interest in EMC-A, with the Company holding an 80% ownership interest. EMC-A held interests in the Nyngan Scandium Project and Honeybugle Scandium property. Upon conversion of the promissory note payable, EMC-A was operated as a joint venture between Scandium Investments LLC (“SIL”) and the Company. SIL held a carried interest in the Nyngan Scandium Project and was not required to contribute cash for the operation of EMC-A until the Company met two development milestones: (1) filing a feasibility study on SEDAR, and (2) receiving a mining license on either joint venture property. At such time as the two development milestones were met, SIL was to fully participate on project costs thereafter. Completion of the development milestones by the Company, as described above, activated a second one-time, limited period option for SIL to elect to convert the fair market value of its 20% joint venture interest in the Nyngan Scandium Project and Honeybugle Scandium property into an equivalent value of the Company’s common shares, at the then prevailing market prices, rather than continue with ownership at the project level. SIL elected to exercise the conversion option as described. On October 10, 2017, the Company announced that it had closed the share exchange transaction to acquire SIL’s entire 20% ownership of EMC-A. The Company issued 58,830,645 shares of the Company’s common shares at a fair value of $13,830,232 to acquire SIL’s shares of EMC-A and increase the Company ownership of EMC-A from 80% to 100%. The Company also provided for a pay-out of a 20% portion of a 0.7% revenue-based royalty on Nyngan/Honeybugle that was entered into by the Company in 2015. This royalty was excluded from SIL’s share in the project interests, at the time, and as a result an adjustment payment of 1,459,080 common shares at a fair value of $343,009 was made. SIL also was granted the right to nominate two directors to the Company’s Board.

SUBSEQUENT EVENTS

SUBSEQUENT EVENTS	12 Months Ended
	Dec. 31, 2018
SUBSEQUENT EVENTS [Text Block]	12. SUBSEQUENT EVENT On January 2, 2019, the Company announced receipt of notification that the New South Wales Department of Planning and Environment is reviewing the granting of the mine lease for the Nyngan Scandium Project. The Company does not expect the outcome of this review to affect its ability to bring the Nyngan Scandium Project into production.

Summary of Significant Accounti

Summary of Significant Accounting Policies (Policies)	12 Months Ended
	Dec. 31, 2018
Basis of presentation [Policy Text Block]	a) Basis of presentation These consolidated financial statements have been prepared in conformity with generally accepted accounting principles of the United States of America (“US GAAP”). These consolidated financial statements include the accounts of the Company and its wholly-owned subsidiaries, EMC Metals USA Inc., Scandium International Mining Corp. Norway AS, SCY Exploration Finland Oy and EMC Metals Australia Pty Ltd.(“EMC-A”).” During fiscal 2017, Wolfram Jack Mining Corp. and The Technology Store, Inc. were wound up and no longer are included in these consolidated financial statements. Non-controlling interest represents the minority shareholders’ 20% proportionate share of the net assets and results of the Company’s majority-owned Australian subsidiary, EMC-A, until the date the 20% interest was disposed by the Company (Note 11). In October 2017, the Company reacquired the remaining 20% minority interest in EMC-A through the issuance of common shares (Note 11). All significant intercompany accounts and transactions have been eliminated on consolidation.
Use of estimates [Policy Text Block]	b) Use of estimates The preparation of consolidated financial statements in conformity with US GAAP requires management to make estimates and assumptions that affect the reported amounts of assets and liabilities and the disclosure of contingent assets and liabilities at the date of the financial statements and the reported amounts of expenses during the reporting period. The Company regularly evaluates estimates and assumptions related to the deferred income tax asset valuations, asset impairment, stock-based compensation and loss contingencies. The Company bases its estimates and assumptions on current facts, historical experience and various other factors that it believes to be reasonable under the circumstances, the results of which form the basis for making judgments. The actual results experienced by the Company may differ materially and adversely from the Company’s estimates. To the extent there are material differences between estimates and the actual results, future results of operations will be affected. The Company considers itself to be an exploration stage company and will consider the transition to development stage after it receives funding to begin mine construction, and board approval.
Equipment [Policy Text Block]	c) Equipment Equipment is recorded at cost less accumulated amortization, calculated as follows: Computer equipment 30% straight line Office equipment 20% straight line
Mineral interests and exploration and development costs [Policy Text Block]	d) Mineral interests and exploration and development costs The costs of acquiring mineral rights are capitalized at the date of acquisition. After acquisition, various factors can affect the recoverability of the capitalized costs. If, after review, management concludes that the carrying amount of a mineral interest is impaired, it will be written down to estimated fair value. Exploration costs incurred on mineral interests are expensed as incurred. Development costs incurred on proven and probable reserves will be capitalized. Upon commencement of production, capitalized costs will be amortized using the unit-of-production method over the estimated life of the ore body based on proven and probable reserves.
Asset retirement obligations [Policy Text Block]	e) Asset retirement obligations The Company records the fair value of an asset retirement obligation as a liability in the period in which it incurs a legal obligation associated with the retirement of tangible long-lived assets that result from the acquisition, construction, development, and/or normal use of the long-lived assets. The Company also records a corresponding asset which is amortized over the life of the asset. Subsequent to the initial measurement of the asset retirement obligation, the obligation is adjusted at the end of each period to reflect the passage of time (accretion expense) and changes in the estimated future cash flows underlying the obligation (asset retirement cost).
Long-lived assets [Policy Text Block]	f) Long-lived assets Long-lived assets held and used by the Company are reviewed for impairment whenever events or changes in circumstances indicate that the carrying amount of an asset may not be recoverable. For purposes of evaluating the recoverability of long-lived assets, the recoverability test is performed using undiscounted net cash flows or fair value in use related to the long-lived assets. If such assets are considered to be impaired, the impairment recognized is measured by the amount by which the carrying amount of the assets exceeds the fair value of the assets. Assets to be disposed of are reported at the lower of the carrying amount or fair value less costs to sell.
Income taxes [Policy Text Block]	g) Income taxes The Company accounts for income taxes under the asset and liability method. Deferred tax assets and liabilities are recognized for the future tax consequences attributable to differences between the financial statement carrying amounts of existing assets and liabilities and their respective tax bases. Deferred tax assets and liabilities are measured using enacted tax rates expected to apply to taxable income in the years in which those temporary differences are expected to be recovered or settled. Under the asset and liability method the effect on deferred tax assets and liabilities of a change in tax rates is recognized in income in the period that includes the enactment date. A valuation allowance is recognized if it is more likely than not that some part or all of the deferred tax asset will not be recognized.
Loss per share [Policy Text Block]	h) Loss per share Basic loss per common share is computed using the weighted average number of common shares outstanding during the year. To calculate diluted loss per share, the Company uses the treasury stock method and the if converted method. As at December 31, 2018 and 2017 there were no warrants outstanding and 29,065,000 options (2017 – 23,585,000) outstanding which have not been included in the weighted average number of common shares outstanding as these were anti-dilutive.
Foreign exchange [Policy Text Block]	i) Foreign exchange The Company's and subsidiaries’ functional currency is the US Dollar (“USD”). Any monetary assets and liabilities that are in a currency other than the USD are translated at the rate prevailing at year end. Revenue and expenses in a foreign currency are translated at rates that approximate those in effect at the time of translation. Gains and losses from translation of foreign currency transactions into USD are included in current results of operations. Fixed assets and mineral properties have been translated at historical rates, the rate on the date of the transaction.
Stock-based compensation [Policy Text Block]	j) Stock-based compensation The Company accounts for stock-based compensation under the provisions of Accounting Standard Codification (“ASC”) 718, “Compensation-Stock Compensation”. Under the fair value recognition provisions, stock-based compensation expense is measured at the grant date for all stock-based awards to employees and directors and is recognized as an expense over the requisite service period, which is generally the vesting period. Any grants to non-employees are measured at the fair value of the services provided, or at the fair value of the options granted, whichever is more reliable. The Black-Scholes option valuation model is used to calculate fair value.
Financial instruments [Policy Text Block]	k) Financial instruments The Company’s financial instruments consist of cash, receivables, accounts payable and accrued liabilities, and accounts payable with related parties. It is management's opinion that the Company is not exposed to significant interest, currency or credit risks arising from its financial instruments. The fair values of these financial instruments approximate their carrying values unless otherwise noted. The Company has its cash primarily in three commercial banks, one in Chicago, Illinois, United States of America, one in Vancouver, British Columbia, Canada and one in Melbourne, Victoria, Australia.
Concentration of credit risk [Policy Text Block]	l) Concentration of credit risk The financial instrument which potentially subjects the Company to concentration of credit risk is cash. The Company maintains cash in bank accounts that, at times, may exceed federally insured limits. As at December 31, 2018 and 2017, the Company has exceeded the federally insured limit. The Company has not experienced any losses in such amounts and believes it is not exposed to any significant risks on its cash in bank accounts.
Fair value of financial assets and liabilities [Policy Text Block]	m) Fair value of financial assets and liabilities The Company measures the fair value of financial assets and liabilities based on US GAAP guidance which defines fair value, establishes a framework for measuring fair value, and expands disclosures about fair value measurements. The Company classifies financial assets and liabilities as held-for-trading, available-for-sale, held-to-maturity, loans and receivables or other financial liabilities depending on their nature. Financial assets and financial liabilities are recognized at fair value on their initial recognition, except for those arising from certain related party transactions which are accounted for at the transferor’s carrying amount or exchange amount. Financial assets and liabilities classified as held-for-trading are measured at fair value, with gains and losses recognized in net income. Financial assets classified as held-to-maturity, loans and receivables, and financial liabilities other than those classified as held-for-trading are measured at amortized cost, using the effective interest method of amortization. Financial assets classified as available-for-sale are measured at fair value, with unrealized gains and losses being recognized as other comprehensive income until realized, or if an unrealized loss is considered other than temporary, the unrealized loss is recorded in income. Financial instruments, including receivables, accounts payable and accrued liabilities, and accounts payable with related parties are carried at amortized cost, which management believes approximates fair value due to the short-term nature of these instruments. The following table presents information about the assets that are measured at fair value on a recurring basis as at December 31, 2018 and indicates the fair value hierarchy of the valuation techniques the Company utilized to determine such fair value. In general, fair values determined by Level 1 inputs utilize quoted prices (unadjusted) in active markets for identical assets. Fair values determined by Level 2 inputs utilize data points that are observable such as quoted prices, interest rates and yield curves. Fair values determined by Level 3 inputs are unobservable data points for the asset or liability, and included situations where there is little, if any, market activity for the asset: Quoted Prices Significant Other Significant December 31, in Active Markets Observable Inputs Unobservable Inputs 2018 (Level 1) (Level 2) (Level 3) Assets: Cash $ 284,757 $ 284,757 $ — $ — Total $ 284,757 $ 284,757 $ — $ — The fair values of cash are determined through market, observable and corroborated sources.
Recently Adopted and Recently Issued Accounting Standards [Policy Text Block]	n) Recently Adopted and Recently Issued Accounting Standards Accounting Standards Update 2018-13 – Fair Value Measurement (Topic 840) Disclosure Framework—Changes to the Disclosure Requirements for Fair Value Measurement. The amendments in this update apply to all entities that are required, under existing GAAP, to make disclosures about recurring or nonrecurring fair value measurements. This standard is effective for interim and annual reporting periods beginning after December 15, 2019, with early adoption permitted. The Company is currently evaluating the impact this guidance will have on its financial statements. Accounting Standards Update 2018-11 - Leases (Topic 842) Targeted Update. This accounting pronouncement is an update to Accounting Standard 2016-02 (see below). This standard allows for an additional (and optional) transition method. This standard is effective for interim and annual reporting periods beginning after December 15, 2018, with early adoption permitted. The Company has adopted the FASB 842-10-50-1 election with no expected material effect to the consolidated financial statements. Accounting Standards Update 2018-07 – Compensation – Stock Compensation (Topic 718) Improvements to Nonemployee Share-Based Payment Accounting. This accounting pronouncement deals with simplification of share-based accounting in efforts to maintain or improve the usefulness of the information provided to the users of financial statements while reducing cost and complexity in financial reporting. The areas for simplification in this update involve several aspects of the accounting for nonemployee share-based payment transactions resulting from expanding the scope of Topic 718, Compensation—Stock Compensation, to include share-based payment transactions for acquiring goods and services from nonemployees. The amendments in this update are effective for public business entities for fiscal years beginning after December 15, 2018, including interim periods within that fiscal year. The Company will adopt this policy with no expected material effect to the consolidated financial statements. Accounting Standards Update 2017-09 – Compensation – Stock Compensation (Topic 718) Scope of Modification Accounting. This accounting pronouncement deals with a change in any of the terms or conditions of a share-based payment award. The standard goes into effect for all interim and annual statements beginning after December 15, 2017. The Company has adopted this policy with no material effect to the consolidated financial statements. Accounting Standards Update 2016-02 - Leases (Topic 842). This accounting pronouncement allows lessees to make an accounting policy election to not recognize a lease asset and liability for leases with a term of 12 months or less and that do not have a purchase option that is expected to be exercised. This standard is effective for interim and annual reporting periods beginning after December 15, 2018, with early adoption permitted. The Company has adopted this policy which will have no material effect to the consolidated financial statements. Accounting Standards Update 2016-01 – Financial Instruments – Overall (Subtopic 825-10): Recognition and Measurement of Financial Assets and Financial Liabilities. This accounting pronouncement, which goes into effect for annual periods beginning after December 12, 2017, is far reaching and covers several presentation areas dealing with measurement, impairment, assumptions used in estimating fair value and several other areas. The Company has adopted this policy with no material effect to the consolidated financial statements.

SIGNIFICANT ACCOUNTING POLICI_2

SIGNIFICANT ACCOUNTING POLICIES (Tables)	12 Months Ended
	Dec. 31, 2018
Schedule of Amortization Rate [Table Text Block]	Computer equipment 30% straight line Office equipment 20% straight line
Schedule of Fair Value, by Balance Sheet Grouping [Table Text Block]	Quoted Prices Significant Other Significant December 31, in Active Markets Observable Inputs Unobservable Inputs 2018 (Level 1) (Level 2) (Level 3) Assets: Cash $ 284,757 $ 284,757 $ — $ — Total $ 284,757 $ 284,757 $ — $ —

EQUIPMENT (Tables)

EQUIPMENT (Tables)	12 Months Ended
	Dec. 31, 2018
Schedule of Property, Plant and Equipment [Table Text Block]	2018 December 31, December 31, 2017 Net Book Additions 2018 Net Book Value (disposals) Amortization Value Computer equipment $ 1,947 $ 8,377 $ (1,050 ) $ 9,274 2017 December 31, December 31, 2016 Net Book Additions 2017 Net Book Value (disposals) Amortization Value Computer equipment $ 2,918 $ - $ (971 ) $ 1,947

MINERAL PROPERTY INTERESTS (Tab

MINERAL PROPERTY INTERESTS (Tables)	12 Months Ended
	Dec. 31, 2018
Schedule of Mineral Interests [Table Text Block]	Scandium and other Acquisition costs Balance, December 31, 2018, 2017 and 2016 $ 704,053

CAPITAL STOCK AND ADDITIONAL _2

CAPITAL STOCK AND ADDITIONAL PAID IN CAPITAL (Tables)	12 Months Ended
	Dec. 31, 2018
Schedule of Warrants and Stock Options, Activity [Table Text Block]	Stock Options Weighted average Number exercise price in Canadian $ Outstanding, December 31, 2016 21,820,000 $ 0.11 Granted 5,600,000 0.38 Exercised (3,285,000 ) 0.08 Expired (550,000 ) 0.07 Outstanding, December 31, 2017 23,585,000 0.18 Granted 6,850,000 0.22 Exercised (1,010,000 ) 0.10 Expired (360,000 ) 0.27 Outstanding, December 31, 2018 29,065,000 $ 0.194 Number currently exercisable 28,130,000 $ 0.192
Schedule of Stock Options Outstanding [Table Text Block]	Number of Number of Exercise Options Options Price in (outstanding) (exercisable) Canadian $ Expiry Date Options 3,375,000 3,375,000 0.120 July 25, 2019 200,000 200,000 0.100 December 30, 2019 3,450,000 3,450,000 0.140 April 17, 2020 250,000 250,000 0.600 May 11, 2020 400,000 400,000 0.115 August 28, 2020 4,300,000 4,300,000 0.100 November 5, 2020 4,850,000 4,850,000 0.130 February 8, 2021 400,000 400,000 0.200 June 14, 2021 4,980,000 4,795,000 0.370 February 21, 2022 250,000 100,000 0.300 October 6, 2022 6,260,000 5,660,000 0.225 January 19, 2023 350,000 350,000 0.185 August 30, 2023 29,065,000 28,130,000
Schedule of Weighted Average Assumptions for Fair Values [Table Text Block]	2018 2017 Risk-free interest rate 1.96% 1.13% Expected life 5 years 5 years Volatility 127.81% 141.12% Forfeiture rate 0.00% 0.00% Dividend rate 0.00% 0.00%

TREASURY STOCK (Tables)

TREASURY STOCK (Tables)	12 Months Ended
	Dec. 31, 2018
Schedule of Treasury Stock [Table Text Block]	Number Amount Treasury shares, December 31, 2018, 2017 and 2016 1,033,333 $ 1,264,194

SEGMENTED INFORMATION (Tables)

SEGMENTED INFORMATION (Tables)	12 Months Ended
	Dec. 31, 2018
Schedule of Segmented Information [Table Text Block]	December 31, 2018 Australia United States Total Equipment $ - $ 9,724 $ 9,724 Mineral property interests 704,053 - 704,053 $ 704,053 $ 9,724 $ 713,777 December 31, 2017 Australia United States Total Equipment $ - $ 1,947 $ 1,947 Mineral property interests 704,053 - 704,053 $ 704,053 $ 1,947 $ 706,000

DEFERRED INCOME TAX (Tables)

DEFERRED INCOME TAX (Tables)	12 Months Ended
	Dec. 31, 2018
A reconciliation of income taxes at statutory rates [Table Text Block]	2018 2017 Loss before income taxes $ (2,961,108 ) $ (2,864,078 ) Expected income tax (recovery) (768,000 ) (726,000 ) Change in statutory, foreign exchange rates, and other 2,000,000 (20,000 ) Permanent difference 289,000 312,000 Adjustment to prior years provision versus statutory tax returns - (453,000 ) Change in unrecognized deductible temporary differences (1,521,000 ) 887,000 Total Income tax expense (recovery) $ - $ -
Deferred tax assets [Table Text Block]	2018 2017 Deferred Tax Assets (Liabilities) Exploration and evaluation assets $ 1,372,000 $ 1,708,000 Property and equipment 51,000 69,000 Share issue costs 3,000 8,000 Marketable securities 14,000 19,000 Allowable capital losses 1,404,000 1,913,000 Non-capital losses available for future periods 3,463,000 4,111,000 6,307,000 7,828,000 Unrecognized deferred tax assets (6,307,000 ) (7,828,000 ) Net deferred tax assets $ - $ -
Unused tax credits and unused tax losses [Table Text Block]	2018 Expiry Date 2017 Expiry Date Range Range Temporary Differences Exploration and evaluation assets $ 5,231,000 No expiry date $ 6,536,000 No expiry date Property and equipment 196,000 No expiry date 264,000 No expiry date Share issue costs 10,000 2036 to 2039 37,000 2036 to 2039 Marketable securities 106,000 No expiry date 145,000 No expiry date Allowable capital losses 5,399,000 No expiry date 7,359,000 No expiry date Non-capital losses available for future periods 13,195,000 2019 to 2038 15,709,000 2018 to 2037

NATURE AND CONTINUANCE OF OPE_2

NATURE AND CONTINUANCE OF OPERATIONS (Narrative) (Details) - USD ($)	12 Months Ended
	Dec. 31, 2015	Oct. 31, 2017	Aug. 24, 2015
Extinguishment of Debt, Amount	$ 2,500,000
Emc Metals Australia Pty Ltd [Member]
Noncontrolling Interest, Ownership Percentage by Noncontrolling Owners	20.00%	20.00%	20.00%

SIGNIFICANT ACCOUNTING POLICI_3

SIGNIFICANT ACCOUNTING POLICIES (Narrative) (Details) - shares	Dec. 31, 2018	Dec. 31, 2017	Oct. 31, 2017	Dec. 31, 2016	Dec. 31, 2015	Aug. 24, 2015
Share-based Compensation Arrangement by Share-based Payment Award, Options, Outstanding, Number	29,065,000	23,585,000		21,820,000
Emc Metals Australia Pty Ltd [Member]
Noncontrolling Interest, Ownership Percentage by Noncontrolling Owners			20.00%		20.00%	20.00%

MINERAL PROPERTY INTERESTS (Nar

MINERAL PROPERTY INTERESTS (Narrative) (Details)	12 Months Ended
	Dec. 31, 2018USD ($)	Dec. 31, 2018EUR (€)
Nyngan, New South Wales Property [Member]
Mineral Property Interest	100.00%	100.00%
Gross mineral sales royalty	0.70%	0.70%
Net Profits Interest Royalty	1.50%	1.50%
Net Smelter Return Royalty	1.70%	1.70%
Revenue Royalty	0.20%	0.20%
Royalty Cap, Amount	$ 370,000
NSW minerals royalty	4.00%	4.00%
Honeybugle Property, Australia [Member]
Mineral Property Interest	100.00%	100.00%
Kiviniemi Scandium Property Finland [Member]
Reclamation bond	$ 11,444	€ 10,000

RELATED PARTY TRANSACTIONS (Nar

RELATED PARTY TRANSACTIONS (Narrative) (Details) - USD ($)	12 Months Ended
	Dec. 31, 2018	Dec. 31, 2017
Option Expense	$ 695,405	$ 841,930
Related Party Transaction, Amounts of Transaction	102,000	102,000
Due to Officers or Stockholders	$ 0	$ 32,036

CAPITAL STOCK AND ADDITIONAL _3

CAPITAL STOCK AND ADDITIONAL PAID IN CAPITAL (Narrative) (Details)	May 04, 2018USD ($)shares	May 04, 2018CAD ($)$ / sharesshares	Oct. 06, 2017USD ($)shares	Aug. 02, 2017USD ($)shares	Aug. 02, 2017CAD ($)$ / sharesshares	Mar. 21, 2018USD ($)shares	Mar. 21, 2018CAD ($)$ / sharesshares	Mar. 17, 2017USD ($)shares	Mar. 17, 2017CAD ($)$ / sharesshares	Dec. 31, 2018USD ($)shares	Dec. 31, 2018USD ($)$ / shares	Dec. 31, 2017USD ($)shares	Dec. 31, 2017USD ($)$ / shares
Stock Issued During Period, Shares, New Issues | shares	6,071,888	6,071,888	58,830,645	3,628,333	3,628,333	5,729,167	5,729,167	1,179,061	1,179,061
Sale of Stock, Price Per Share | $ / shares		$ 0.18			$ 0.30		$ 0.18		$ 0.29
Proceeds from Issuance of Common Stock	$ 864,402	$ 1,092,940	$ 13,830,232	$ 820,875	$ 1,088,500	$ 810,898	$ 1,031,250	$ 261,375	$ 341,928	$ 1,675,300		$ 1,082,250
Number of options authorized under plan, as a percentage of shares outstanding										15.00%
Aggregate Intrinsic Value of Outstanding and Exercisable Stock Options | $										$ 1,084,994	$ 1,084,994	1,467,123	$ 1,467,123
Stock-based compensation | $										$ 1,078,664		$ 1,283,830
Share-based Compensation Arrangement by Share-based Payment Award, Options, Grants in Period, Net of Forfeitures | shares										6,850,000		5,600,000
Weighted Average Fair Value of Options Granted | $ / shares											$ 0.19		$ 0.32

SUPPLEMENTAL DISCLOSURE WITH _2

SUPPLEMENTAL DISCLOSURE WITH RESPECT TO CASH FLOWS (Narrative) (Details) - Emc Metals Australia Pty Ltd [Member] - USD ($)	Oct. 10, 2017	Oct. 09, 2017	Aug. 24, 2015
Ownership Interest	100.00%	80.00%	80.00%
Stock Issued During Period, Shares, Acquisitions	58,830,645
Stock Issued During Period, Value, Acquisitions	$ 13,830,232
Percentage Of Revenue Royalty	20.00%

EMC METALS AUSTRALIA PTY LTD (N

EMC METALS AUSTRALIA PTY LTD (Narrative) (Details) - Emc Metals Australia Pty Ltd [Member] - USD ($)	Oct. 10, 2017	Aug. 24, 2015	Oct. 31, 2017	Oct. 09, 2017	Dec. 31, 2015
Debt Conversion, Converted Instrument, Amount		$ 2,500,000
Noncontrolling Interest, Ownership Percentage by Noncontrolling Owners		20.00%	20.00%		20.00%
Ownership Interest	100.00%	80.00%		80.00%
Stock Issued During Period, Shares, Acquisitions	58,830,645
Stock Issued During Period, Value, Acquisitions	$ 13,830,232
Revenue Royalty	0.70%
Adjustment payment [Member]
Stock Issued During Period, Shares, Acquisitions	1,459,080
Stock Issued During Period, Value, Acquisitions	$ 343,009

Schedule of Amortization Rate (

Schedule of Amortization Rate (Details)	12 Months Ended
	Dec. 31, 2018
Computer Equipment [Member]
Depreciation Rate Of Property Plant And Equipment	30.00%
Office Equipment [Member]
Depreciation Rate Of Property Plant And Equipment	20.00%

Schedule of Fair Value, by Bala

Schedule of Fair Value, by Balance Sheet Grouping (Details) - USD ($)	Dec. 31, 2018	Dec. 31, 2017	Dec. 31, 2016
Cash	$ 284,757	$ 343,434	$ 615,234
Assets	284,757
Quoted Prices in Active Markets (Level 1) [Member]
Cash	284,757
Assets	284,757
Significant Other Observable Inputs (Level 2) [Member]
Cash	0
Assets	0
Significant Unobservable Inputs (Level 3) [Member]
Cash	0
Assets	$ 0

Schedule of Property, Plant and

Schedule of Property, Plant and Equipment (Details) - USD ($)	12 Months Ended
	Dec. 31, 2018	Dec. 31, 2017
Net Book Value, beginning of period	$ 1,947
Amortization	(1,050)	$ (971)
Net Book Value, end of period	9,274	1,947
Computer Equipment [Member]
Net Book Value, beginning of period	1,947	2,918
Additions (disposals) (write-offs)	8,377	0
Amortization	(1,050)	(971)
Net Book Value, end of period	$ 9,274	$ 1,947

Schedule of Mineral Interests (

Schedule of Mineral Interests (Details) - USD ($)	Dec. 31, 2018	Dec. 31, 2017	Dec. 31, 2016
Acquisition costs, continuing operations abstract
Acquisition costs, beginning of period	$ 704,053	$ 704,053	$ 704,053
Acquisition costs, end of period	$ 704,053	$ 704,053	$ 704,053

Schedule of Warrants and Stock

Schedule of Warrants and Stock Options, Activity (Details) - $ / shares	12 Months Ended
	Dec. 31, 2018	Dec. 31, 2017
Number of Stock Options Outstanding, Beginning	23,585,000	21,820,000
Number of Stock Options Granted	6,850,000	5,600,000
Number of Stock Options Exercised	(1,010,000)	(3,285,000)
Number of Stock Options Expired	(360,000)	(550,000)
Number of Stock Options Outstanding, Ending	29,065,000	23,585,000
Number of Stock Options currently exercisable	28,130,000
Share-based Compensation Arrangement by Share-based Payment Award, Options, Outstanding, Weighted Average Exercise Price, Beginning of Period	$ 0.18	$ 0.11
Weighted Average Exercise Price of Stock Options Granted	0.22	0.38
Weighted Average Exercise Price of Stock Options Exercised	0.10	0.08
Weighted Average Exercise Price of Stock Options Expired	0.27	0.07
Weighted Average Exercise Price of Stock Options Outstanding, Ending	0.194	$ 0.18
Weighted Average Exercise Price of Stock Options currently exercisable	$ 0.192

Schedule of Stock Options Outst

Schedule of Stock Options Outstanding (Details) - $ / shares	12 Months Ended
	Dec. 31, 2018	Dec. 31, 2017	Dec. 31, 2016
Number of Options Outstanding	29,065,000	23,585,000	21,820,000
Number of Options Exercisable	28,130,000
July 25, 2019 [Member]
Number of Options Outstanding	3,375,000
Number of Options Exercisable	3,375,000
Exercise Price	$ 0.120
December 30, 2019 [Member]
Number of Options Outstanding	200,000
Number of Options Exercisable	200,000
Exercise Price	$ 0.100
April 17, 2020 [Member]
Number of Options Outstanding	3,450,000
Number of Options Exercisable	3,450,000
Exercise Price	$ 0.140
May 11, 2020 [Member]
Number of Options Outstanding	250,000
Number of Options Exercisable	250,000
Exercise Price	$ 0.600
August 28, 2020 [Member]
Number of Options Outstanding	400,000
Number of Options Exercisable	400,000
Exercise Price	$ 0.115
November 5, 2020 [Member]
Number of Options Outstanding	4,300,000
Number of Options Exercisable	4,300,000
Exercise Price	$ 0.100
February 8, 2021 [Member]
Number of Options Outstanding	4,850,000
Number of Options Exercisable	4,850,000
Exercise Price	$ 0.130
June 14, 2021 [Member]
Number of Options Outstanding	400,000
Number of Options Exercisable	400,000
Exercise Price	$ 0.200
February 21, 2022 [Member]
Number of Options Outstanding	4,980,000
Number of Options Exercisable	4,795,000
Exercise Price	$ 0.370
October 6, 2022 [Member]
Number of Options Outstanding	250,000
Number of Options Exercisable	100,000
Exercise Price	$ 0.300
January 19, 2023 [Member]
Number of Options Outstanding	6,260,000
Number of Options Exercisable	5,660,000
Exercise Price	$ 0.225
August 30, 2023 [Member]
Number of Options Outstanding	350,000
Number of Options Exercisable	350,000
Exercise Price	$ 0.185

Schedule of Weighted Average As

Schedule of Weighted Average Assumptions for Fair Values (Details)	12 Months Ended
	Dec. 31, 2018	Dec. 31, 2017
Risk-free interest rate	1.96%	1.13%
Expected life	5 years	5 years
Volatility	127.81%	141.12%
Forfeiture rate	0.00%	0.00%
Dividend rate	0.00%	0.00%

Schedule of Treasury Stock (Det

Schedule of Treasury Stock (Details) - USD ($)	Dec. 31, 2018	Dec. 31, 2017	Dec. 31, 2016
Treasury Shares, Number	1,033,333	1,033,333	1,033,333
Treasury Shares, Amount	$ 1,264,194	$ 1,264,194	$ 1,264,194

Schedule of Segmented Informati

Schedule of Segmented Information (Details) - USD ($)	Dec. 31, 2018	Dec. 31, 2017
Equipment	$ 9,724	$ 1,947
Mineral property interests	704,053	704,053
Capital Assets	713,777	706,000
AUSTRALIA
Equipment	0	0
Mineral property interests	704,053	704,053
Capital Assets	704,053	704,053
UNITED STATES
Equipment	9,724	1,947
Mineral property interests	0	0
Capital Assets	$ 9,724	$ 1,947

A reconciliation of income taxe

A reconciliation of income taxes at statutory rates (Details) - USD ($)	12 Months Ended
	Dec. 31, 2018	Dec. 31, 2017
Loss before income taxes	$ (2,961,108)	$ (2,864,078)
Expected income tax (recovery)	(768,000)	(726,000)
Change in statutory, foreign exchange rates, and other	2,000,000	(20,000)
Permanent difference	289,000	312,000
Adjustment to prior years provision versus statutory tax returns	0	(453,000)
Change in unrecognized deductible temporary differences	(1,521,000)	887,000
Total Income tax expense (recovery)	$ 0	$ 0

Deferred tax assets (Details)

Deferred tax assets (Details) - USD ($)	Dec. 31, 2018	Dec. 31, 2017
Exploration and evaluation assets	$ 1,372,000	$ 1,708,000
Property and equipment	51,000	69,000
Share issue costs	3,000	8,000
Marketable securities	14,000	19,000
Allowable capital losses	1,404,000	1,913,000
Non-capital losses available for future periods	3,463,000	4,111,000
Gross	6,307,000	7,828,000
Unrecognized deferred tax assets	(6,307,000)	(7,828,000)
Net deferred tax assets	$ 0	$ 0

Unused tax credits and unused t

Unused tax credits and unused tax losses (Details) - USD ($)	12 Months Ended
	Dec. 31, 2018	Dec. 31, 2017
Exploration and evaluation assets [Member]
Temporary Differences	$ 5,231,000	$ 6,536,000
Property and equipment [Member]
Temporary Differences	196,000	264,000
Share issued cost [Member]
Temporary Differences	$ 10,000	$ 37,000
Expiry Date Range	2036 to 2039	2036 to 2039
Marketable securities [Member]
Temporary Differences	$ 106,000	$ 145,000
Allowable capital losses [Member]
Temporary Differences	5,399,000	7,359,000
Non-capital losses available for future periods [Member]
Temporary Differences	$ 13,195,000	$ 15,709,000
Expiry Date Range	2019 to 2038	2018 to 2037