# Scandium Canada Intersects 124.9 m at 232 ppm Scandium Oxide at Crater Lake and Identifies a Favourable Corridor of Nearly 3 km

Canonical Atlas analysis: https://atlas-staging.minestarters.com/news/scandium-canada-intersects-124-9-m-at-232-ppm-scandium-oxide-at-crater-lake-and--4fe68638-4466-4ee3-af1d-54525e78a662

Original source: https://www.newsfilecorp.com/release/311576/Scandium-Canada-Intersects-124.9-m-at-232-ppm-Scandium-Oxide-at-Crater-Lake-and-Identifies-a-Favourable-Corridor-of-Nearly-3-km

Publisher: newsfile

Original announcement: 2026-08-26T11:33:00.000Z

Analysis by Minestarters Atlas

Atlas analysis published: Unknown date

Atlas analysis updated: Unknown date

- 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

Narrative sentiment: 0.70 · Bullish

## Minestarters Atlas 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 factor: consistent grades with MRE

- Positive factor: high-resolution magnetic survey identifies 3-5km corridor

- Positive factor: QA/QC disclosed

- Positive factor: QP signed

- Negative factor: postponement of PFS

Facts used in scoring: 11

## Classification and evidence

**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: 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 Extension**

Polarity: positive

Definition: 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)

### CLB26070

[Link to this fact](https://atlas-staging.minestarters.com/news/scandium-canada-intersects-124-9-m-at-232-ppm-scandium-oxide-at-crater-lake-and--4fe68638-4466-4ee3-af1d-54525e78a662#fact-drill-facts-0)

Crater Lake · scandium

#### 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 factor: consistent with MRE

Evidence · table

> 315

Context: 13.45

### CLB26070

[Link to this fact](https://atlas-staging.minestarters.com/news/scandium-canada-intersects-124-9-m-at-232-ppm-scandium-oxide-at-crater-lake-and--4fe68638-4466-4ee3-af1d-54525e78a662#fact-drill-facts-1)

Crater Lake · scandium

#### 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 factor: significant width

Evidence · table

> 175

Context: 65.40

### CLB26070

[Link to this fact](https://atlas-staging.minestarters.com/news/scandium-canada-intersects-124-9-m-at-232-ppm-scandium-oxide-at-crater-lake-and--4fe68638-4466-4ee3-af1d-54525e78a662#fact-drill-facts-2)

Crater Lake · scandium

#### 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 factor: high grade sub-interval

Evidence · table

> 316

Context: 7.20

### CLB26070

[Link to this fact](https://atlas-staging.minestarters.com/news/scandium-canada-intersects-124-9-m-at-232-ppm-scandium-oxide-at-crater-lake-and--4fe68638-4466-4ee3-af1d-54525e78a662#fact-drill-facts-3)

Crater Lake · scandium

#### 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

### CLB26072

[Link to this fact](https://atlas-staging.minestarters.com/news/scandium-canada-intersects-124-9-m-at-232-ppm-scandium-oxide-at-crater-lake-and--4fe68638-4466-4ee3-af1d-54525e78a662#fact-drill-facts-4)

Crater Lake · scandium

#### 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

### CLB26072

[Link to this fact](https://atlas-staging.minestarters.com/news/scandium-canada-intersects-124-9-m-at-232-ppm-scandium-oxide-at-crater-lake-and--4fe68638-4466-4ee3-af1d-54525e78a662#fact-drill-facts-5)

Crater Lake · scandium

#### 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 factor: exceptional width

Evidence · table

> 232

Context: 124.90

### CLB26072

[Link to this fact](https://atlas-staging.minestarters.com/news/scandium-canada-intersects-124-9-m-at-232-ppm-scandium-oxide-at-crater-lake-and--4fe68638-4466-4ee3-af1d-54525e78a662#fact-drill-facts-6)

Crater Lake · scandium

#### 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 factor: high grade sub-interval

Evidence · table

> 461

Context: 10.35

### CLB26073

[Link to this fact](https://atlas-staging.minestarters.com/news/scandium-canada-intersects-124-9-m-at-232-ppm-scandium-oxide-at-crater-lake-and--4fe68638-4466-4ee3-af1d-54525e78a662#fact-drill-facts-7)

Crater Lake · scandium

#### 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

### CLB26073

[Link to this fact](https://atlas-staging.minestarters.com/news/scandium-canada-intersects-124-9-m-at-232-ppm-scandium-oxide-at-crater-lake-and--4fe68638-4466-4ee3-af1d-54525e78a662#fact-drill-facts-8)

Crater Lake · scandium

#### 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

### CLB26073

[Link to this fact](https://atlas-staging.minestarters.com/news/scandium-canada-intersects-124-9-m-at-232-ppm-scandium-oxide-at-crater-lake-and--4fe68638-4466-4ee3-af1d-54525e78a662#fact-drill-facts-9)

Crater Lake · scandium

#### 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

### CLB26073

[Link to this fact](https://atlas-staging.minestarters.com/news/scandium-canada-intersects-124-9-m-at-232-ppm-scandium-oxide-at-crater-lake-and--4fe68638-4466-4ee3-af1d-54525e78a662#fact-drill-facts-10)

Crater Lake · scandium

#### 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 factor: 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.