# 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 Canonical Atlas analysis: https://atlas-staging.minestarters.com/news/scandium-canada-finds-more-scandium-outside-current-crater-lake-resource-first-h--c2e56ec6-6a76-43d7-9af9-dafbb04ddd43 Original source: https://orestocks.com/company/SCD.V/press-releases/4646003878510634 Publisher: orestocks Original announcement: 2026-10-07T21:24:00.000Z Analysis by Minestarters Atlas Atlas analysis published: 2026-10-07T21:48:16.784Z Atlas analysis updated: 2026-10-07T21:48:16.784Z - 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 Narrative sentiment: 0.80 · Bullish ## Minestarters Atlas 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 factor: Step-Out Extension - Positive factor: Significant intercept width - Positive factor: High-grade sub-interval - Positive factor: QA/QC Disclosed - Negative factor: Apparent Width Only Facts used in scoring: 5 ## Classification and evidence **Step-Out Extension** Polarity: positive Definition: 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 Disclosed** Polarity: positive Definition: 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 Only** Polarity: negative Definition: 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-26095 [Link to this fact](https://atlas-staging.minestarters.com/news/scandium-canada-finds-more-scandium-outside-current-crater-lake-resource-first-h--c2e56ec6-6a76-43d7-9af9-dafbb04ddd43#fact-drill-facts-0) Crater Lake · scandium #### 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 Disclosed** Polarity: positive Definition: 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 Undisclosed** Polarity: negative Definition: High-grade interval reported without stating the cut-off grade used for compositing. Why it applies: no cutoff\_grade was stated **Nearology Play** Polarity: neutral Definition: 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-26095 [Link to this fact](https://atlas-staging.minestarters.com/news/scandium-canada-finds-more-scandium-outside-current-crater-lake-resource-first-h--c2e56ec6-6a76-43d7-9af9-dafbb04ddd43#fact-drill-facts-1) Crater Lake · scandium #### 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 Disclosed** Polarity: positive Definition: 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 Undisclosed** Polarity: negative Definition: High-grade interval reported without stating the cut-off grade used for compositing. Why it applies: no cutoff\_grade was stated **Nearology Play** Polarity: neutral Definition: 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-26095 [Link to this fact](https://atlas-staging.minestarters.com/news/scandium-canada-finds-more-scandium-outside-current-crater-lake-resource-first-h--c2e56ec6-6a76-43d7-9af9-dafbb04ddd43#fact-drill-facts-2) Crater Lake · scandium #### 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 factor: Step-Out Extension - Negative factor: Apparent Width Only Evidence · table > 292 Context: 150.1 #### Tags used in scoring **QA/QC Disclosed** Polarity: positive Definition: 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 Undisclosed** Polarity: negative Definition: High-grade interval reported without stating the cut-off grade used for compositing. Why it applies: no cutoff\_grade was stated **Nearology Play** Polarity: neutral Definition: 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-26095 [Link to this fact](https://atlas-staging.minestarters.com/news/scandium-canada-finds-more-scandium-outside-current-crater-lake-resource-first-h--c2e56ec6-6a76-43d7-9af9-dafbb04ddd43#fact-drill-facts-3) Crater Lake · scandium #### 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 Disclosed** Polarity: positive Definition: 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 Undisclosed** Polarity: negative Definition: High-grade interval reported without stating the cut-off grade used for compositing. Why it applies: no cutoff\_grade was stated **Nearology Play** Polarity: neutral Definition: 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-26095 [Link to this fact](https://atlas-staging.minestarters.com/news/scandium-canada-finds-more-scandium-outside-current-crater-lake-resource-first-h--c2e56ec6-6a76-43d7-9af9-dafbb04ddd43#fact-drill-facts-4) Crater Lake · scandium #### 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 Disclosed** Polarity: positive Definition: 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 Undisclosed** Polarity: negative Definition: High-grade interval reported without stating the cut-off grade used for compositing. Why it applies: no cutoff\_grade was stated **Nearology Play** Polarity: neutral Definition: 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.