Scandium Canada Finds More Scandium Outside Current Crater Lake Resource: First Hole to the North of TG Deposit Intercepts 150.1 m at 292 ppm Scandium Oxide
Original announcement by orestocks on
- Company
- Scandium Canada Ltd.
- Ticker
- SCD.V
- Exchange
- Unavailable
- Region
- Nunavik, Québec
- Primary commodity
- Scandium
- Secondary commodities
- None reported
- Document categories
- Drill results, Resource update
- Extracted
- 2026-10-07 21:48:17 UTC
Analysis by Minestarters Atlas
Atlas analysis published:
Minestarters Atlas analysis
Summary
Scandium Canada has reported significant drill results from its Crater Lake project in Québec, with hole CL-26095 intercepting 150.1 m at 292 ppm Sc2O3. This discovery marks a northern extension of the existing resource, potentially expanding the mineralized footprint by approximately 335 metres.
Reasoning: The hole CL-26095 represents a significant step-out extension of the known resource to the north, with high-grade scandium oxide intercepts that confirm mineralization continuity beyond the 2025 MRE.
Positive factors
- Step-Out Extension
- Significant intercept width
- High-grade sub-interval
- QA/QC Disclosed
Negative factors
- Apparent Width Only
Facts used in scoring: 5
Classification and evidence
Step-Out Extensionpositive
Mineralization extended beyond the previously known limit.
Why it applies: The mineralization was found 150m north, outside the current TG deposit resource limit.
Evidence · text
“The mineralization it intersected lies 150m north, outside the current TG deposit resource.”
QA/QC Disclosedpositive
Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods (blanks, standards, duplicates).
Why it applies: The release details the use of certified reference materials, duplicates, and blanks, and names the laboratory.
Evidence · text
“including the insertion of certified reference materials (standards), duplicates and blanks”
Apparent Width Onlynegative
Interval given as downhole width with no true width or drill orientation — apparent width may overstate true thickness.
Why it applies: The document explicitly states that the reported downhole length is not a calculated true thickness.
Evidence · text
“Downhole drill core length represents a reported down hole drill significant intercept and not a calculated true thickness interval”
Extracted facts
Stored fact records: 5. Some facts used in scoring do not have a stored record.
Drill Results (5)
CL-26095Crater Lake · scandiumGrade: 285.8Grade Unit: ppm Sc2O3Intercept: 9.7 mView all detailsHide details
Identity
- Hole ID
- CL-26095
- Project
- Crater Lake
- Commodity
- scandium
- Region
- canada_qc
- Reported Region
- canada_qc
- Ticker
- SCD.V
Geometry
- Grade
- 285.8
- Grade Unit
- ppm Sc2O3
- Intercept
- 9.7 m
- From
- 13.5 m
- To
- 23.2 m
- Intercept Depth
- 13.5 m
Classification
- Program
- exploration
- Sample Type
- drill
- Group ID
- CL-26095:13.5-23.2
- Mining Method
- unknown
Location
- Location
- Northern extension of the TG deposit
- Loc. Source
- document
QA/QC
- Laboratory
- Activation Laboratories Ltd.
- QA/QC Disclosed
- Yes
- QP Signed
- Yes
- QA/QC Methods
- standards, blanks, duplicates
Review
- Needs Review
- No
- Interp. Status
- scored
- Historical
- No
Dates
- Event date
- 2026-10-07T00:00:00.000Z
Reasoning: A standard intercept within the new northern extension zone.
Evidence · table
“285.8”
Context: 9.7
Tags used in scoring
QA/QC Disclosedpositive
Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods (blanks, standards, duplicates).
Why it applies: qaqc_disclosed is true
Cut-off Undisclosednegative
High-grade interval reported without stating the cut-off grade used for compositing.
Why it applies: no cutoff_grade was stated
Nearology Playneutral
Value premise rests on proximity to a known deposit rather than own results.
Why it applies: proximity is offered as the value premise: "# Scandium Canada Finds More Scandium Outside Current Crater Lake Resource: First Hole to the North of TG Deposit Interc"
CL-26095Crater Lake · scandiumGrade: 170Grade Unit: ppm Sc2O3Intercept: 7.5 mView all detailsHide details
Identity
- Hole ID
- CL-26095
- Project
- Crater Lake
- Commodity
- scandium
- Region
- canada_qc
- Reported Region
- canada_qc
- Ticker
- SCD.V
Geometry
- Grade
- 170
- Grade Unit
- ppm Sc2O3
- Intercept
- 7.5 m
- From
- 34.2 m
- To
- 41.7 m
- Intercept Depth
- 34.2 m
Classification
- Program
- exploration
- Sample Type
- drill
- Group ID
- CL-26095:34.2-41.7
- Mining Method
- unknown
Location
- Location
- Northern extension of the TG deposit
- Loc. Source
- document
QA/QC
- Laboratory
- Activation Laboratories Ltd.
- QA/QC Disclosed
- Yes
- QP Signed
- Yes
- QA/QC Methods
- standards, blanks, duplicates
Review
- Needs Review
- No
- Interp. Status
- scored
- Historical
- No
Dates
- Event date
- 2026-10-07T00:00:00.000Z
Reasoning: A relatively narrow and lower-grade intercept compared to the main zone.
Evidence · table
“170”
Context: 7.5
Tags used in scoring
QA/QC Disclosedpositive
Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods (blanks, standards, duplicates).
Why it applies: qaqc_disclosed is true
Cut-off Undisclosednegative
High-grade interval reported without stating the cut-off grade used for compositing.
Why it applies: no cutoff_grade was stated
Nearology Playneutral
Value premise rests on proximity to a known deposit rather than own results.
Why it applies: proximity is offered as the value premise: "# Scandium Canada Finds More Scandium Outside Current Crater Lake Resource: First Hole to the North of TG Deposit Interc"
CL-26095Crater Lake · scandiumGrade: 292Grade Unit: ppm Sc2O3Intercept: 150.1 mView all detailsHide details
Identity
- Hole ID
- CL-26095
- Project
- Crater Lake
- Commodity
- scandium
- Region
- canada_qc
- Reported Region
- canada_qc
- Ticker
- SCD.V
Geometry
- Grade
- 292
- Grade Unit
- ppm Sc2O3
- Intercept
- 150.1 m
- From
- 53.4 m
- To
- 203.5 m
- Intercept Depth
- 53.4 m
Classification
- Program
- exploration
- Sample Type
- drill
- Group ID
- CL-26095:53.4-203.5
- Mining Method
- unknown
Location
- Location
- Northern extension of the TG deposit
- Loc. Source
- document
QA/QC
- Laboratory
- Activation Laboratories Ltd.
- QA/QC Disclosed
- Yes
- QP Signed
- Yes
- QA/QC Methods
- standards, blanks, duplicates
Review
- Needs Review
- No
- Interp. Status
- scored
- Historical
- No
Dates
- Event date
- 2026-10-07T00:00:00.000Z
Reasoning: The longest intercept of the 2026 program, confirming mineralization outside the current resource limit.
Positive factors
- Step-Out Extension
Negative factors
- Apparent Width Only
Evidence · table
“292”
Context: 150.1
Tags used in scoring
QA/QC Disclosedpositive
Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods (blanks, standards, duplicates).
Why it applies: qaqc_disclosed is true
Cut-off Undisclosednegative
High-grade interval reported without stating the cut-off grade used for compositing.
Why it applies: no cutoff_grade was stated
Nearology Playneutral
Value premise rests on proximity to a known deposit rather than own results.
Why it applies: proximity is offered as the value premise: "# Scandium Canada Finds More Scandium Outside Current Crater Lake Resource: First Hole to the North of TG Deposit Interc"
CL-26095Crater Lake · scandiumGrade: 344.5Grade Unit: ppm Sc2O3Intercept: 92.8 mView all detailsHide details
Identity
- Hole ID
- CL-26095
- Project
- Crater Lake
- Commodity
- scandium
- Region
- canada_qc
- Reported Region
- canada_qc
- Ticker
- SCD.V
Geometry
- Grade
- 344.5
- Grade Unit
- ppm Sc2O3
- Intercept
- 92.8 m
- From
- 53.4 m
- To
- 146.2 m
- Intercept Depth
- 53.4 m
Classification
- Program
- exploration
- Sample Type
- drill
- Group ID
- CL-26095:53.4-146.2
- Mining Method
- unknown
Location
- Location
- Northern extension of the TG deposit
- Loc. Source
- document
QA/QC
- Laboratory
- Activation Laboratories Ltd.
- QA/QC Disclosed
- Yes
- QP Signed
- Yes
- QA/QC Methods
- standards, blanks, duplicates
Review
- Needs Review
- No
- Interp. Status
- scored
- Historical
- No
Dates
- Event date
- 2026-10-07T00:00:00.000Z
Reasoning: A high-grade sub-interval within the main 150m intercept.
Evidence · table
“344.5”
Context: 92.8
Tags used in scoring
QA/QC Disclosedpositive
Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods (blanks, standards, duplicates).
Why it applies: qaqc_disclosed is true
Cut-off Undisclosednegative
High-grade interval reported without stating the cut-off grade used for compositing.
Why it applies: no cutoff_grade was stated
Nearology Playneutral
Value premise rests on proximity to a known deposit rather than own results.
Why it applies: proximity is offered as the value premise: "# Scandium Canada Finds More Scandium Outside Current Crater Lake Resource: First Hole to the North of TG Deposit Interc"
CL-26095Crater Lake · scandiumGrade: 245.1Grade Unit: ppm Sc2O3Intercept: 49.7 mView all detailsHide details
Identity
- Hole ID
- CL-26095
- Project
- Crater Lake
- Commodity
- scandium
- Region
- canada_qc
- Reported Region
- canada_qc
- Ticker
- SCD.V
Geometry
- Grade
- 245.1
- Grade Unit
- ppm Sc2O3
- Intercept
- 49.7 m
- From
- 153.8 m
- To
- 203.5 m
- Intercept Depth
- 153.8 m
Classification
- Program
- exploration
- Sample Type
- drill
- Group ID
- CL-26095:153.8-203.5
- Mining Method
- unknown
Location
- Location
- Northern extension of the TG deposit
- Loc. Source
- document
QA/QC
- Laboratory
- Activation Laboratories Ltd.
- QA/QC Disclosed
- Yes
- QP Signed
- Yes
- QA/QC Methods
- standards, blanks, duplicates
Review
- Needs Review
- No
- Interp. Status
- scored
- Historical
- No
Dates
- Event date
- 2026-10-07T00:00:00.000Z
Reasoning: A secondary interval within the main mineralized zone.
Evidence · table
“245.1”
Context: 49.7
Tags used in scoring
QA/QC Disclosedpositive
Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods (blanks, standards, duplicates).
Why it applies: qaqc_disclosed is true
Cut-off Undisclosednegative
High-grade interval reported without stating the cut-off grade used for compositing.
Why it applies: no cutoff_grade was stated
Nearology Playneutral
Value premise rests on proximity to a known deposit rather than own results.
Why it applies: proximity is offered as the value premise: "# Scandium Canada Finds More Scandium Outside Current Crater Lake Resource: First Hole to the North of TG Deposit Interc"
How Atlas produces this analysis
Minestarters Atlas uses automated extraction to summarize mining announcements, identify reported measurements, and classify supporting evidence. Sentiment reflects the extracted narrative and classification rules; it is an interpretation, not a reported measurement. Evidence quotes and context are provided where available. Missing data, low-confidence results, and review flags indicate limitations. Check the original publisher announcement before relying on an interpretation.