Scandium Canada hits long runs in Quebec at it preps update
Original announcement by canadianminingjournal 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 19:03:36 UTC
Analysis by Minestarters Atlas
Minestarters Atlas analysis
Summary
Scandium Canada has reported strong drill results from its Crater Lake project in Quebec, including intercepts of up to 461 ppm Sc2O3. The company is currently preparing a resource update and a preliminary economic assessment for the project.
Reasoning: Strong drill intercepts reported at the Crater Lake project alongside news of an upcoming resource update and PEA development.
Positive factors
- strong scandium grades reported
- upcoming resource update mentioned
- large primary deposit scale
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: The 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
- Deposit Type
- other
- Program
- exploration
- 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 in prose.
Positive factors
- strong grade for scandium
CLB26070Crater Lake · scandiumGrade: 175Grade Unit: ppmIntercept: 65.4 mView all detailsHide details
Identity
- Hole ID
- CLB26070
- Project
- Crater Lake
- Commodity
- scandium
- Region
- canada_qc
- Reported Region
- Quebec
- Ticker
- SCD
Geometry
- Grade
- 175
- Grade Unit
- ppm
- Intercept
- 65.4 m
- From
- 122 m
Classification
- Deposit Type
- other
- Program
- exploration
- Sample Type
- drill
- Group ID
- CLB26070:122.0-187.4
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
CLB26070Crater Lake · scandiumGrade: 316Grade Unit: ppmIntercept: 7.2 mView all detailsHide details
Identity
- Hole ID
- CLB26070
- Project
- Crater Lake
- Commodity
- scandium
- Region
- canada_qc
- Reported Region
- Quebec
- Ticker
- SCD
Geometry
- Grade
- 316
- Grade Unit
- ppm
- Intercept
- 7.2 m
Classification
- Deposit Type
- other
- Program
- exploration
- Sample Type
- drill
- Group ID
- CLB26070:122.0-129.2
Review
- Needs Review
- No
- Interp. Status
- scored
- Historical
- No
Dates
- Event date
- 2026-08-26T00:00:00.000Z
Reasoning: High grade sub-interval within the larger intercept.
Positive factors
- high grade sub-interval
CLB26072Crater Lake · scandiumGrade: 228Grade Unit: ppmIntercept: 30.2 mView all detailsHide details
Identity
- Hole ID
- CLB26072
- Project
- Crater Lake
- Commodity
- scandium
- Region
- canada_qc
- Reported Region
- Quebec
- Ticker
- SCD
Geometry
- Grade
- 228
- Grade Unit
- ppm
- Intercept
- 30.2 m
- From
- 7.3 m
Classification
- Deposit Type
- other
- Program
- exploration
- 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: Notable drill intercept reported in prose.
Positive factors
- good width
CLB26072Crater Lake · scandiumGrade: 232Grade Unit: ppmIntercept: 125 mView all detailsHide details
Identity
- Hole ID
- CLB26072
- Project
- Crater Lake
- Commodity
- scandium
- Region
- canada_qc
- Reported Region
- Quebec
- Ticker
- SCD
Geometry
- Grade
- 232
- Grade Unit
- ppm
- Intercept
- 125 m
- From
- 55.1 m
Classification
- Deposit Type
- other
- Program
- exploration
- 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 reported in prose.
Positive factors
- very large width
CLB26072Crater Lake · scandiumGrade: 461Grade Unit: ppmIntercept: 10.3 mView all detailsHide details
Identity
- Hole ID
- CLB26072
- Project
- Crater Lake
- Commodity
- scandium
- Region
- canada_qc
- Reported Region
- Quebec
- Ticker
- SCD
Geometry
- Grade
- 461
- Grade Unit
- ppm
- Intercept
- 10.3 m
Classification
- Deposit Type
- other
- Program
- exploration
- Sample Type
- drill
- Group ID
- CLB26072:55.1-65.4
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
CLB26073Crater Lake · scandiumGrade: 227Grade Unit: ppmIntercept: 14.1 mView all detailsHide details
Identity
- Hole ID
- CLB26073
- Project
- Crater Lake
- Commodity
- scandium
- Region
- canada_qc
- Reported Region
- Quebec
- Ticker
- SCD
Geometry
- Grade
- 227
- Grade Unit
- ppm
- Intercept
- 14.1 m
- From
- 9 m
Classification
- Deposit Type
- other
- Program
- exploration
- Sample Type
- drill
- Group ID
- CLB26073:9.0-23.1
Review
- Needs Review
- No
- Interp. Status
- scored
- Historical
- No
Dates
- Event date
- 2026-08-26T00:00:00.000Z
Reasoning: Drill intercept reported in prose.
CLB26073Crater Lake · scandiumGrade: 222Grade Unit: ppmIntercept: 33.8 mView all detailsHide details
Identity
- Hole ID
- CLB26073
- Project
- Crater Lake
- Commodity
- scandium
- Region
- canada_qc
- Reported Region
- Quebec
- Ticker
- SCD
Geometry
- Grade
- 222
- Grade Unit
- ppm
- Intercept
- 33.8 m
Classification
- Deposit Type
- other
- Program
- exploration
- Sample Type
- drill
- Group ID
- CLB26073:9.0-42.8
Review
- Needs Review
- No
- Interp. Status
- scored
- Historical
- No
Dates
- Event date
- 2026-08-26T00:00:00.000Z
Reasoning: Sub-interval reported in prose.
CLB26073Crater Lake · scandiumGrade: 346Grade Unit: ppmIntercept: 7.1 mView all detailsHide details
Identity
- Hole ID
- CLB26073
- Project
- Crater Lake
- Commodity
- scandium
- Region
- canada_qc
- Reported Region
- Quebec
- Ticker
- SCD
Geometry
- Grade
- 346
- Grade Unit
- ppm
- Intercept
- 7.1 m
Classification
- Deposit Type
- other
- Program
- exploration
- Sample Type
- drill
- Group ID
- CLB26073:9.0-16.1
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
Fact 10scandiumGrade: 277.9Grade Unit: g/tView all detailsHide details
Identity
- Commodity
- scandium
- Ticker
- SCD
Geometry
- Grade
- 277.9
- Grade Unit
- g/t
Review
- Needs Review
- No
- Interp. Status
- scored
- Historical
- No
Dates
- Event date
- 2026-08-26T00:00:00.000Z
Reasoning: Historical indicated resource mentioned in text.
Fact 11scandiumGrade: 271.7Grade Unit: g/tView all detailsHide details
Identity
- Commodity
- scandium
- Ticker
- SCD
Geometry
- Grade
- 271.7
- Grade Unit
- g/t
Review
- Needs Review
- No
- Interp. Status
- scored
- Historical
- No
Dates
- Event date
- 2026-08-26T00:00:00.000Z
Reasoning: Historical inferred resource mentioned in text.
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.