News Releases

February 29, 2012
EMC Receives Notice of Rejection on Earn-In of Nyngan Scandium Project by Jervois Mining Limited

Reno, Nevada - February 29, 2012 - EMC Metals Corp. (the "Company" or "EMC") (TSX: EMC) announces that it has received a notice from Jervois Mining Limited ("Jervois") (ASX: JRV), stating that EMC has not met a condition of its 50% earn-in under the February 2010 Exploration and Joint Venture Agreement (the "Agreement"), and has not earned a 50% joint venture interest in the Nyngan Scandium Project (the "Project").

Pursuant to the Agreement, EMC received the right to earn a 50% joint venture interest in the Project, subject to a series of milestones, achievements, and payments. The final two milestones are the delivery of an independent NI 43-101 Technical Report, demonstrating the economic viability of the Project (prepared consistent with the definition of "Feasibility Study" set forth in the Agreement), and a payment to Jervois of A$1.43 million, both due no later than February 28, 2012. 

EMC believes it has fully met those milestones.

On February 24, 2012, EMC delivered to Jervois the A$1.43 million cash payment and an independent NI 43-101 report entitled "Technical Report on the Feasibility of the Nyngan Scandium Project" dated February 23, 2012 (the "Report"), which was compiled by SNC-Lavalin. The Report was delivered to Jervois following an extensive discussion and presentation to the Jervois Board and management. 

On February 27, 2012 EMC received written notice from Jervois rejecting the Report for the stated reason that the Report does not fall within the definition of "Feasibility Study" provided in the Agreement. 

EMC believes that it has fully met the conditions under the Agreement to earn its 50% joint venture interest in the Project and will take all lawful steps to secure its proprietary rights to the 50% joint venture interest. 

About EMC Metals

In addition to EMC's 50% earn-in right on the Nyngan Scandium Project in NSW, Australia, EMC also owns a 100% interest in the Springer Tungsten mine in Nevada, USA. While the Company has offered this asset for sale during 2011, EMC is now working to evaluate a number of re-start options for the mine in 2012. Strong tungsten prices and tight supply conditions, combined with the refurbished mill and existing tungsten resource on the property, support a strategy to seek a near term re-start of the Springer facility. EMC also owns a 100% interest in 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 Corp.

For additional information please contact:

EMC Metals Corp.
Investor Relations-Nevada: (775) 355-9500 or , or
Kelly Boatright, The Windward Agency, Charlotte, NC ---Toll Free 1-866-583-6300

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 does 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. 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.

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