Scandium Canada hits long runs at it preps update
Original announcement by northernminer on
- Company
- Scandium Canada
- Ticker
- SCD
- Exchange
- Unavailable
- Region
- Quebec
- Primary commodity
- Scandium
- Secondary commodities
- None reported
- Document categories
- Drill results, Resource update
- Extracted
- 2026-08-26 16:48:05 UTC
Analysis by Minestarters Atlas
Minestarters Atlas analysis
Summary
Scandium Canada reported strong drill results from its Crater Lake project in Quebec, including intercepts up to 7.2m at 316 ppm Sc2O3. The company is currently preparing a resource update and a preliminary economic assessment.
Reasoning: Strong scandium drill intercepts reported alongside news of an upcoming resource update for a large primary deposit.
Positive factors
- strong drill intercepts
- upcoming resource update
- large primary deposit
Facts used in scoring: 11
Classification and evidence
Resource Updateneutral
Revised estimate for an existing resource — compare to prior to assess progress.
Why it applies: Company is working on a resource update this year.
Evidence · text
“as the company works on a resource update this year”
Extracted facts
Stored fact records: 11. Some facts used in scoring do not have a stored record.
Drill Results (11)
CLB26070Crater Lake · scandiumGrade: 315Grade Unit: ppmIntercept: 13.4 mView all detailsHide details
Identity
- Hole ID
- CLB26070
- Project
- Crater Lake
- Commodity
- scandium
- Region
- canada_qc
- Reported Region
- Quebec
- Ticker
- SCD
Geometry
- Grade
- 315
- Grade Unit
- ppm
- Intercept
- 13.4 m
- From
- 32.7 m
Classification
- Sample Type
- drill
- Group ID
- CLB26070:32.7-46.1
Review
- Needs Review
- No
- Interp. Status
- scored
- Historical
- No
Dates
- Event date
- 2026-08-26T00:00:00.000Z
Reasoning: High-grade scandium intercept reported.
Positive factors
- strong grade
Evidence · text
“13.4 metres grading 315 parts per million (ppm) scandium”
CLB26070Crater Lake · scandium oxideGrade: 175Grade Unit: ppm Sc2O3Intercept: 65.4 mView all detailsHide details
Identity
- Hole ID
- CLB26070
- Project
- Crater Lake
- Commodity
- scandium oxide
- Region
- canada_qc
- Reported Region
- Quebec
- Ticker
- SCD
Geometry
- Grade
- 175
- Grade Unit
- ppm Sc2O3
- Intercept
- 65.4 m
- From
- 122 m
Classification
- Sample Type
- drill
- Group ID
- CLB26070:122-187.4
Review
- Needs Review
- No
- Interp. Status
- scored
- Historical
- No
Dates
- Event date
- 2026-08-26T00:00:00.000Z
Reasoning: Wide intercept of scandium oxide.
Positive factors
- significant width
Evidence · text
“65.4 metres at 175 ppm scandium oxide (Sc 2 O 3 ) from 122 metres downhole”
CLB26070Crater Lake · scandium oxideGrade: 316Grade Unit: ppm Sc2O3Intercept: 7.2 mView all detailsHide details
Identity
- Hole ID
- CLB26070
- Project
- Crater Lake
- Commodity
- scandium oxide
- Region
- canada_qc
- Reported Region
- Quebec
- Ticker
- SCD
Geometry
- Grade
- 316
- Grade Unit
- ppm Sc2O3
- Intercept
- 7.2 m
Classification
- Sample Type
- drill
- Group ID
- CLB26070:sub-interval
Review
- Needs Review
- No
- Interp. Status
- scored
- Historical
- No
Dates
- Event date
- 2026-08-26T00:00:00.000Z
Reasoning: High-grade sub-interval.
Positive factors
- high grade
Evidence · text
“7.2 metres grading 316 ppm Sc 2 O 3”
CLB26072Crater Lake · scandium oxideGrade: 228Grade Unit: ppm Sc2O3Intercept: 30.2 mView all detailsHide details
Identity
- Hole ID
- CLB26072
- Project
- Crater Lake
- Commodity
- scandium oxide
- Region
- canada_qc
- Reported Region
- Quebec
- Ticker
- SCD
Geometry
- Grade
- 228
- Grade Unit
- ppm Sc2O3
- Intercept
- 30.2 m
- From
- 7.3 m
Classification
- Sample Type
- drill
- Group ID
- CLB26072:7.3-37.5
Review
- Needs Review
- No
- Interp. Status
- scored
- Historical
- No
Dates
- Event date
- 2026-08-26T00:00:00.000Z
Reasoning: Solid intercept of scandium oxide.
Positive factors
- good width
Evidence · text
“CLB26072, which returned 30.2 metres grading 228 ppm Sc 2 O 3 from 7.3 metres depth”
CLB26072Crater Lake · scandium oxideGrade: 232Grade Unit: ppm Sc2O3Intercept: 125 mView all detailsHide details
Identity
- Hole ID
- CLB26072
- Project
- Crater Lake
- Commodity
- scandium oxide
- Region
- canada_qc
- Reported Region
- Quebec
- Ticker
- SCD
Geometry
- Grade
- 232
- Grade Unit
- ppm Sc2O3
- Intercept
- 125 m
- From
- 55.1 m
Classification
- Sample Type
- drill
- Group ID
- CLB26072:55.1-180.1
Review
- Needs Review
- No
- Interp. Status
- scored
- Historical
- No
Dates
- Event date
- 2026-08-26T00:00:00.000Z
Reasoning: Very wide intercept of scandium oxide.
Positive factors
- large width
Evidence · text
“125 metres at 232 ppm Sc 2 O 3 from 55.1 metres downhole”
CLB26072Crater Lake · scandium oxideGrade: 461Grade Unit: ppm Sc2O3Intercept: 10.3 mView all detailsHide details
Identity
- Hole ID
- CLB26072
- Project
- Crater Lake
- Commodity
- scandium oxide
- Region
- canada_qc
- Reported Region
- Quebec
- Ticker
- SCD
Geometry
- Grade
- 461
- Grade Unit
- ppm Sc2O3
- Intercept
- 10.3 m
Classification
- Sample Type
- drill
- Group ID
- CLB26072:sub-interval
Review
- Needs Review
- No
- Interp. Status
- scored
- Historical
- No
Dates
- Event date
- 2026-08-26T00:00:00.000Z
Reasoning: High-grade intercept.
Positive factors
- exceptional grade
Evidence · text
“10.3 metres grading 461 ppm Sc 2 O 3”
CLB26073Crater Lake · scandium oxideGrade: 227Grade Unit: ppm Sc2O3Intercept: 14.1 mView all detailsHide details
Identity
- Hole ID
- CLB26073
- Project
- Crater Lake
- Commodity
- scandium oxide
- Region
- canada_qc
- Reported Region
- Quebec
- Ticker
- SCD
Geometry
- Grade
- 227
- Grade Unit
- ppm Sc2O3
- Intercept
- 14.1 m
- From
- 9 m
Classification
- Sample Type
- drill
- Group ID
- CLB26073:9-23.1
Review
- Needs Review
- No
- Interp. Status
- scored
- Historical
- No
Dates
- Event date
- 2026-08-26T00:00:00.000Z
Reasoning: Solid intercept of scandium oxide.
Positive factors
- good width
Evidence · text
“CLB26073 cut 14.1 metres at 227 ppm Sc 2 O 3 from 9 metres depth”
CLB26073Crater Lake · scandium oxideGrade: 222Grade Unit: ppm Sc2O3Intercept: 33.8 mView all detailsHide details
Identity
- Hole ID
- CLB26073
- Project
- Crater Lake
- Commodity
- scandium oxide
- Region
- canada_qc
- Reported Region
- Quebec
- Ticker
- SCD
Geometry
- Grade
- 222
- Grade Unit
- ppm Sc2O3
- Intercept
- 33.8 m
Classification
- Sample Type
- drill
- Group ID
- CLB26073:sub-interval
Review
- Needs Review
- No
- Interp. Status
- scored
- Historical
- No
Dates
- Event date
- 2026-08-26T00:00:00.000Z
Reasoning: Wide intercept of scandium oxide.
Positive factors
- large width
Evidence · text
“including 33.8 metres grading 222 ppm Sc 2 O 3”
CLB26073Crater Lake · scandium oxideGrade: 346Grade Unit: ppm Sc2O3Intercept: 7.1 mView all detailsHide details
Identity
- Hole ID
- CLB26073
- Project
- Crater Lake
- Commodity
- scandium oxide
- Region
- canada_qc
- Reported Region
- Quebec
- Ticker
- SCD
Geometry
- Grade
- 346
- Grade Unit
- ppm Sc2O3
- Intercept
- 7.1 m
Classification
- Sample Type
- drill
- Group ID
- CLB26073:sub-interval
Review
- Needs Review
- No
- Interp. Status
- scored
- Historical
- No
Dates
- Event date
- 2026-08-26T00:00:00.000Z
Reasoning: High-grade sub-interval.
Positive factors
- high grade
Evidence · text
“7.1 metres at 346 ppm Sc 2 O 3”
Fact 10scandiumGrade: 277.9Grade Unit: g/tHistorical resultNeeds review: historical_restatementView all detailsHide details
Identity
- Commodity
- scandium
- Ticker
- SCD
Geometry
- Grade
- 277.9
- Grade Unit
- g/t
Review
- Needs Review
- Yes
- Review Reason
- historical_restatement
- Interp. Status
- scored
- Historical
- Yes
- Historical Source Date
- 2025-08-26T00:00:00.000Z
Dates
- Event date
- 2026-08-26T00:00:00.000Z
Reasoning: Existing indicated resource from previous update.
Positive factors
- large tonnage
Evidence · text
“TG zone hosts 16.3 million indicated tonnes grading 277.9 grams scandium per tonne”
Fact 11scandiumGrade: 271.7Grade Unit: g/tHistorical resultNeeds review: historical_restatementView all detailsHide details
Identity
- Commodity
- scandium
- Ticker
- SCD
Geometry
- Grade
- 271.7
- Grade Unit
- g/t
Review
- Needs Review
- Yes
- Review Reason
- historical_restatement
- Interp. Status
- scored
- Historical
- Yes
- Historical Source Date
- 2025-08-26T00:00:00.000Z
Dates
- Event date
- 2026-08-26T00:00:00.000Z
Reasoning: Existing inferred resource from previous update.
Positive factors
- large tonnage
Negative factors
- inferred category
Evidence · text
“20.9 million inferred tonnes at 271.7 grams scandium”
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.