Scandium Canada Intersects 124.9 m at 232 ppm Scandium Oxide at Crater Lake and Identifies a Favourable Corridor of Nearly 3 km
Original announcement by newsfile on
- Company
- Scandium Canada Ltd.
- Ticker
- SCD
- Exchange
- Unavailable
- Region
- Nunavik, Québec
- Primary commodity
- Scandium
- Secondary commodities
- None reported
- Document categories
- Drill results, Other
- Extracted
- 2026-08-26 12:12:54 UTC
Analysis by Minestarters Atlas
Minestarters Atlas analysis
Summary
Scandium Canada has released the first assay results from its 2026 Crater Lake drilling program, confirming scandium oxide grades consistent with previous resource estimates. A new high-resolution drone magnetic survey has also identified a favorable 3-5 km mineralized corridor, prompting an expansion of the drilling program.
Reasoning: First assay results from 2026 program confirm expected grades and a significant geophysical corridor, though the PFS is delayed in favor of a PEA.
Positive factors
- consistent grades with MRE
- high-resolution magnetic survey identifies 3-5km corridor
- QA/QC disclosed
- QP signed
Negative factors
- postponement of PFS
Facts used in scoring: 11
Classification and evidence
QA/QC Disclosedpositive
Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods (blanks, standards, duplicates).
Why it applies: Release mentions insertion of certified reference materials, duplicates, and blanks.
Evidence · text
“including the insertion of certified reference materials (standards), duplicates and blanks”
Step-Out Extensionpositive
Mineralization extended beyond the previously known limit.
Why it applies: Company is adding 24 exploration holes to test the magnetic corridor and extension targets.
Evidence · text
“It has added 24 exploration holes to test the magnetic corridor”
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: 13.45 mView all detailsHide details
Identity
- Hole ID
- CLB26070
- Project
- Crater Lake
- Commodity
- scandium
- Region
- canada_qc
- Reported Region
- Nunavik, Québec
- Ticker
- SCD
Geometry
- Grade
- 315
- Grade Unit
- ppm
- Intercept
- 13.45 m
- From
- 32.7 m
- To
- 46.15 m
Classification
- Sample Type
- drill
- Group ID
- CLB26070:32.7-46.15
QA/QC
- Laboratory
- Activation Laboratories Ltd.
- QA/QC Disclosed
- Yes
- Lab Certified
- Yes
- QP Signed
- Yes
- QA/QC Methods
- standards, duplicates, blanks
Review
- Needs Review
- No
- Interp. Status
- scored
- Historical
- No
Dates
- Event date
- 2026-08-26T00:00:00.000Z
Reasoning: High grade intercept consistent with target mineralization.
Positive factors
- consistent with MRE
Evidence · table
“315”
Context: 13.45
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
- Nunavik, Québec
- Ticker
- SCD
Geometry
- Grade
- 175
- Grade Unit
- ppm
- Intercept
- 65.4 m
- From
- 122 m
- To
- 187.4 m
Classification
- Sample Type
- drill
- Group ID
- CLB26070:122.0-187.4
QA/QC
- Laboratory
- Activation Laboratories Ltd.
- QA/QC Disclosed
- Yes
- Lab Certified
- Yes
- QP Signed
- Yes
- QA/QC Methods
- standards, duplicates, blanks
Review
- Needs Review
- No
- Interp. Status
- scored
- Historical
- No
Dates
- Event date
- 2026-08-26T00:00:00.000Z
Reasoning: Wide intercept confirming continuity.
Positive factors
- significant width
Evidence · table
“175”
Context: 65.40
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
- Nunavik, Québec
- Ticker
- SCD
Geometry
- Grade
- 316
- Grade Unit
- ppm
- Intercept
- 7.2 m
- From
- 178 m
- To
- 185.2 m
Classification
- Sample Type
- drill
- Group ID
- CLB26070:178.0-185.2
QA/QC
- Laboratory
- Activation Laboratories Ltd.
- QA/QC Disclosed
- Yes
- Lab Certified
- Yes
- QP Signed
- Yes
- QA/QC Methods
- standards, duplicates, blanks
Review
- Needs Review
- No
- Interp. Status
- scored
- Historical
- No
Dates
- Event date
- 2026-08-26T00:00:00.000Z
Reasoning: High grade within a larger intercept.
Positive factors
- high grade sub-interval
Evidence · table
“316”
Context: 7.20
CLB26070Crater Lake · scandiumGrade: 181Grade Unit: ppmIntercept: 8.95 mView all detailsHide details
Identity
- Hole ID
- CLB26070
- Project
- Crater Lake
- Commodity
- scandium
- Region
- canada_qc
- Reported Region
- Nunavik, Québec
- Ticker
- SCD
Geometry
- Grade
- 181
- Grade Unit
- ppm
- Intercept
- 8.95 m
- From
- 225.2 m
- To
- 234.15 m
Classification
- Sample Type
- drill
- Group ID
- CLB26070:225.2-234.15
QA/QC
- Laboratory
- Activation Laboratories Ltd.
- QA/QC Disclosed
- Yes
- Lab Certified
- Yes
- QP Signed
- Yes
- QA/QC Methods
- standards, duplicates, blanks
Review
- Needs Review
- No
- Interp. Status
- scored
- Historical
- No
Dates
- Event date
- 2026-08-26T00:00:00.000Z
Reasoning: Standard intercept.
Evidence · table
“181”
Context: 8.95
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
- Nunavik, Québec
- Ticker
- SCD
Geometry
- Grade
- 228
- Grade Unit
- ppm
- Intercept
- 30.2 m
- From
- 7.3 m
- To
- 37.5 m
Classification
- Sample Type
- drill
- Group ID
- CLB26072:7.3-37.5
QA/QC
- Laboratory
- Activation Laboratories Ltd.
- QA/QC Disclosed
- Yes
- Lab Certified
- Yes
- QP Signed
- Yes
- QA/QC Methods
- standards, duplicates, blanks
Review
- Needs Review
- No
- Interp. Status
- scored
- Historical
- No
Dates
- Event date
- 2026-08-26T00:00:00.000Z
Reasoning: Solid intercept at shallow depth.
Evidence · table
“228”
Context: 30.20
CLB26072Crater Lake · scandiumGrade: 232Grade Unit: ppmIntercept: 124.9 mView all detailsHide details
Identity
- Hole ID
- CLB26072
- Project
- Crater Lake
- Commodity
- scandium
- Region
- canada_qc
- Reported Region
- Nunavik, Québec
- Ticker
- SCD
Geometry
- Grade
- 232
- Grade Unit
- ppm
- Intercept
- 124.9 m
- From
- 55.1 m
- To
- 180 m
Classification
- Sample Type
- drill
- Group ID
- CLB26072:55.1-180.0
QA/QC
- Laboratory
- Activation Laboratories Ltd.
- QA/QC Disclosed
- Yes
- Lab Certified
- Yes
- QP Signed
- Yes
- QA/QC Methods
- standards, duplicates, blanks
Review
- Needs Review
- No
- Interp. Status
- scored
- Historical
- No
Dates
- Event date
- 2026-08-26T00:00:00.000Z
Reasoning: Very wide intercept confirming deposit scale.
Positive factors
- exceptional width
Evidence · table
“232”
Context: 124.90
CLB26072Crater Lake · scandiumGrade: 461Grade Unit: ppmIntercept: 10.35 mView all detailsHide details
Identity
- Hole ID
- CLB26072
- Project
- Crater Lake
- Commodity
- scandium
- Region
- canada_qc
- Reported Region
- Nunavik, Québec
- Ticker
- SCD
Geometry
- Grade
- 461
- Grade Unit
- ppm
- Intercept
- 10.35 m
- From
- 71 m
- To
- 81.35 m
Classification
- Sample Type
- drill
- Group ID
- CLB26072:71.0-81.35
QA/QC
- Laboratory
- Activation Laboratories Ltd.
- QA/QC Disclosed
- Yes
- Lab Certified
- Yes
- QP Signed
- Yes
- QA/QC Methods
- standards, duplicates, blanks
Review
- Needs Review
- No
- Interp. Status
- scored
- Historical
- No
Dates
- Event date
- 2026-08-26T00:00:00.000Z
Reasoning: Strong high-grade intercept.
Positive factors
- high grade sub-interval
Evidence · table
“461”
Context: 10.35
CLB26073Crater Lake · scandiumGrade: 227Grade Unit: ppmIntercept: 14.15 mView all detailsHide details
Identity
- Hole ID
- CLB26073
- Project
- Crater Lake
- Commodity
- scandium
- Region
- canada_qc
- Reported Region
- Nunavik, Québec
- Ticker
- SCD
Geometry
- Grade
- 227
- Grade Unit
- ppm
- Intercept
- 14.15 m
- From
- 8.9 m
- To
- 23.05 m
Classification
- Sample Type
- drill
- Group ID
- CLB26073:8.9-23.05
QA/QC
- Laboratory
- Activation Laboratories Ltd.
- QA/QC Disclosed
- Yes
- Lab Certified
- Yes
- QP Signed
- Yes
- QA/QC Methods
- standards, duplicates, blanks
Review
- Needs Review
- No
- Interp. Status
- scored
- Historical
- No
Dates
- Event date
- 2026-08-26T00:00:00.000Z
Reasoning: Standard intercept.
Evidence · table
“227”
Context: 14.15
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
- Nunavik, Québec
- Ticker
- SCD
Geometry
- Grade
- 222
- Grade Unit
- ppm
- Intercept
- 33.8 m
- From
- 41.2 m
- To
- 75 m
Classification
- Sample Type
- drill
- Group ID
- CLB26073:41.2-75.0
QA/QC
- Laboratory
- Activation Laboratories Ltd.
- QA/QC Disclosed
- Yes
- Lab Certified
- Yes
- QP Signed
- Yes
- QA/QC Methods
- standards, duplicates, blanks
Review
- Needs Review
- No
- Interp. Status
- scored
- Historical
- No
Dates
- Event date
- 2026-08-26T00:00:00.000Z
Reasoning: Solid intercept.
Evidence · table
“222”
Context: 33.80
CLB26073Crater Lake · scandiumGrade: 223Grade Unit: ppmIntercept: 31.75 mView all detailsHide details
Identity
- Hole ID
- CLB26073
- Project
- Crater Lake
- Commodity
- scandium
- Region
- canada_qc
- Reported Region
- Nunavik, Québec
- Ticker
- SCD
Geometry
- Grade
- 223
- Grade Unit
- ppm
- Intercept
- 31.75 m
- From
- 90.9 m
- To
- 122.65 m
Classification
- Sample Type
- drill
- Group ID
- CLB26073:90.9-122.65
QA/QC
- Laboratory
- Activation Laboratories Ltd.
- QA/QC Disclosed
- Yes
- Lab Certified
- Yes
- QP Signed
- Yes
- QA/QC Methods
- standards, duplicates, blanks
Review
- Needs Review
- No
- Interp. Status
- scored
- Historical
- No
Dates
- Event date
- 2026-08-26T00:00:00.000Z
Reasoning: Standard intercept.
Evidence · table
“223”
Context: 31.75
CLB26073Crater Lake · scandiumGrade: 346Grade Unit: ppmIntercept: 7.15 mView all detailsHide details
Identity
- Hole ID
- CLB26073
- Project
- Crater Lake
- Commodity
- scandium
- Region
- canada_qc
- Reported Region
- Nunavik, Québec
- Ticker
- SCD
Geometry
- Grade
- 346
- Grade Unit
- ppm
- Intercept
- 7.15 m
- From
- 94.35 m
- To
- 101.5 m
Classification
- Sample Type
- drill
- Group ID
- CLB26073:94.35-101.5
QA/QC
- Laboratory
- Activation Laboratories Ltd.
- QA/QC Disclosed
- Yes
- Lab Certified
- Yes
- QP Signed
- Yes
- QA/QC Methods
- standards, duplicates, blanks
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 sub-interval
Evidence · table
“346”
Context: 7.15
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.