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 tmx on
- Company
- Scandium Canada Ltd.
- Ticker
- SCD
- Exchange
- TSX
- Region
- Nunavik, Québec
- Primary commodity
- Scandium
- Secondary commodities
- None reported
- Document categories
- Drill results, Other
- Extracted
- 2026-09-14 22:25:13 UTC
Analysis by Minestarters Atlas
Minestarters Atlas analysis
Summary
Scandium Canada has released the first assay results from its 2026 Crater Lake drilling program, highlighted by a 124.9 m intercept at 232 ppm Scandium Oxide. A new drone magnetic survey has also identified a favorable 3-5 km mineralized corridor, prompting an adjustment to the drilling program to prioritize resource extension.
Reasoning: First assay results from 2026 program confirm high-grade scandium oxide in significant widths, supported by new geophysical data.
Positive factors
- High-grade scandium oxide intercepts confirmed
- Significant width (124.9 m) reported
- New magnetic survey identifies 3-5 km corridor
- QA/QC protocols disclosed with certified lab
Negative factors
- Postponement of PFS to prioritize PEA
Facts used in scoring: 11
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
- canada_qc
- Ticker
- SCD
Geometry
- Grade
- 315
- Grade Unit
- ppm
- Intercept
- 13.45 m
- From
- 32.7 m
- To
- 46.15 m
- Intercept Depth
- 32.7 m
Classification
- Sample Type
- drill
- Group ID
- CLB26070:32.7-46.15
- Mining Method
- unknown
Location
- Location
- South Lobe 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
- 2026-08-26T00:00:00.000Z
Reasoning: Strong intercept at the start of the program.
Positive factors
- High grade for scandium
Evidence · table
“315”
Context: 13.45
Tags used in scoring
QA/QC Disclosedpositive
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 Undisclosednegative
High-grade interval reported without stating the cut-off grade used for compositing.
Why it applies: no cutoff_grade was stated
Nearology Playneutral
Value premise rests on proximity to a known deposit rather than own results.
Why it applies: proximity is offered as the value premise: "About 3 km of that corridor runs from the southern limit of the Discovery Area to the north of the TG deposit; An update"
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
- canada_qc
- Ticker
- SCD
Geometry
- Grade
- 175
- Grade Unit
- ppm
- Intercept
- 65.4 m
- From
- 122 m
- To
- 187.4 m
- Intercept Depth
- 122 m
Classification
- Sample Type
- drill
- Group ID
- CLB26070:122-187.4
- Mining Method
- unknown
Location
- Location
- South Lobe 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
- 2026-08-26T00:00:00.000Z
Reasoning: Large width intercept confirming mineralization.
Positive factors
- Significant width
Evidence · table
“175”
Context: 65.40
Tags used in scoring
QA/QC Disclosedpositive
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 Undisclosednegative
High-grade interval reported without stating the cut-off grade used for compositing.
Why it applies: no cutoff_grade was stated
Nearology Playneutral
Value premise rests on proximity to a known deposit rather than own results.
Why it applies: proximity is offered as the value premise: "About 3 km of that corridor runs from the southern limit of the Discovery Area to the north of the TG deposit; An update"
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
- canada_qc
- Ticker
- SCD
Geometry
- Grade
- 316
- Grade Unit
- ppm
- Intercept
- 7.2 m
- From
- 178 m
- To
- 185.2 m
- Intercept Depth
- 178 m
Classification
- Sample Type
- drill
- Group ID
- CLB26070:178-185.2
- Mining Method
- unknown
Location
- Location
- South Lobe 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
- 2026-08-26T00:00:00.000Z
Reasoning: High grade within a larger interval.
Positive factors
- High grade sub-interval
Evidence · table
“316”
Context: 7.20
Tags used in scoring
QA/QC Disclosedpositive
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 Undisclosednegative
High-grade interval reported without stating the cut-off grade used for compositing.
Why it applies: no cutoff_grade was stated
Nearology Playneutral
Value premise rests on proximity to a known deposit rather than own results.
Why it applies: proximity is offered as the value premise: "About 3 km of that corridor runs from the southern limit of the Discovery Area to the north of the TG deposit; An update"
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
- canada_qc
- Ticker
- SCD
Geometry
- Grade
- 181
- Grade Unit
- ppm
- Intercept
- 8.95 m
- From
- 225.2 m
- To
- 234.15 m
- Intercept Depth
- 225.2 m
Classification
- Sample Type
- drill
- Group ID
- CLB26070:225.2-234.15
- Mining Method
- unknown
Location
- Location
- South Lobe 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
- 2026-08-26T00:00:00.000Z
Reasoning: Standard intercept.
Evidence · table
“181”
Context: 8.95
Tags used in scoring
QA/QC Disclosedpositive
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 Undisclosednegative
High-grade interval reported without stating the cut-off grade used for compositing.
Why it applies: no cutoff_grade was stated
Nearology Playneutral
Value premise rests on proximity to a known deposit rather than own results.
Why it applies: proximity is offered as the value premise: "About 3 km of that corridor runs from the southern limit of the Discovery Area to the north of the TG deposit; An update"
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
- canada_qc
- Ticker
- SCD
Geometry
- Grade
- 228
- Grade Unit
- ppm
- Intercept
- 30.2 m
- From
- 7.3 m
- To
- 37.5 m
- Intercept Depth
- 7.3 m
Classification
- Sample Type
- drill
- Group ID
- CLB26072:7.3-37.5
- Mining Method
- unknown
Location
- Location
- South Lobe 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
- 2026-08-26T00:00:00.000Z
Reasoning: Consistent grade.
Evidence · table
“228”
Context: 30.20
Tags used in scoring
QA/QC Disclosedpositive
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 Undisclosednegative
High-grade interval reported without stating the cut-off grade used for compositing.
Why it applies: no cutoff_grade was stated
Nearology Playneutral
Value premise rests on proximity to a known deposit rather than own results.
Why it applies: proximity is offered as the value premise: "About 3 km of that corridor runs from the southern limit of the Discovery Area to the north of the TG deposit; An update"
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
- canada_qc
- Ticker
- SCD
Geometry
- Grade
- 232
- Grade Unit
- ppm
- Intercept
- 124.9 m
- From
- 55.1 m
- To
- 180 m
- Intercept Depth
- 55.1 m
Classification
- Sample Type
- drill
- Group ID
- CLB26072:55.1-180
- Mining Method
- unknown
Location
- Location
- South Lobe 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
- 2026-08-26T00:00:00.000Z
Reasoning: Major intercept confirming deposit thickness and grade.
Positive factors
- Very wide intercept
- High grade
Evidence · table
“232”
Context: 124.90
Tags used in scoring
QA/QC Disclosedpositive
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 Undisclosednegative
High-grade interval reported without stating the cut-off grade used for compositing.
Why it applies: no cutoff_grade was stated
Nearology Playneutral
Value premise rests on proximity to a known deposit rather than own results.
Why it applies: proximity is offered as the value premise: "About 3 km of that corridor runs from the southern limit of the Discovery Area to the north of the TG deposit; An update"
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
- canada_qc
- Ticker
- SCD
Geometry
- Grade
- 461
- Grade Unit
- ppm
- Intercept
- 10.35 m
- From
- 71 m
- To
- 81.35 m
- Intercept Depth
- 71 m
Classification
- Sample Type
- drill
- Group ID
- CLB26072:71-81.35
- Mining Method
- unknown
Location
- Location
- South Lobe 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
- 2026-08-26T00:00:00.000Z
Reasoning: Exceptional high-grade sub-interval.
Positive factors
- Very high grade
Evidence · table
“461”
Context: 10.35
Tags used in scoring
QA/QC Disclosedpositive
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 Undisclosednegative
High-grade interval reported without stating the cut-off grade used for compositing.
Why it applies: no cutoff_grade was stated
Nearology Playneutral
Value premise rests on proximity to a known deposit rather than own results.
Why it applies: proximity is offered as the value premise: "About 3 km of that corridor runs from the southern limit of the Discovery Area to the north of the TG deposit; An update"
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
- canada_qc
- Ticker
- SCD
Geometry
- Grade
- 227
- Grade Unit
- ppm
- Intercept
- 14.15 m
- From
- 8.9 m
- To
- 23.05 m
- Intercept Depth
- 8.9 m
Classification
- Sample Type
- drill
- Group ID
- CLB26073:8.9-23.05
- Mining Method
- unknown
Location
- Location
- South Lobe 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
- 2026-08-26T00:00:00.000Z
Reasoning: Consistent grade.
Evidence · table
“227”
Context: 14.15
Tags used in scoring
QA/QC Disclosedpositive
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 Undisclosednegative
High-grade interval reported without stating the cut-off grade used for compositing.
Why it applies: no cutoff_grade was stated
Nearology Playneutral
Value premise rests on proximity to a known deposit rather than own results.
Why it applies: proximity is offered as the value premise: "About 3 km of that corridor runs from the southern limit of the Discovery Area to the north of the TG deposit; An update"
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
- canada_qc
- Ticker
- SCD
Geometry
- Grade
- 222
- Grade Unit
- ppm
- Intercept
- 33.8 m
- From
- 41.2 m
- To
- 75 m
- Intercept Depth
- 41.2 m
Classification
- Sample Type
- drill
- Group ID
- CLB26073:41.2-75
- Mining Method
- unknown
Location
- Location
- South Lobe 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
- 2026-08-26T00:00:00.000Z
Reasoning: Solid intercept.
Evidence · table
“222”
Context: 33.80
Tags used in scoring
QA/QC Disclosedpositive
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 Undisclosednegative
High-grade interval reported without stating the cut-off grade used for compositing.
Why it applies: no cutoff_grade was stated
Nearology Playneutral
Value premise rests on proximity to a known deposit rather than own results.
Why it applies: proximity is offered as the value premise: "About 3 km of that corridor runs from the southern limit of the Discovery Area to the north of the TG deposit; An update"
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
- canada_qc
- Ticker
- SCD
Geometry
- Grade
- 223
- Grade Unit
- ppm
- Intercept
- 31.75 m
- From
- 90.9 m
- To
- 122.65 m
- Intercept Depth
- 90.9 m
Classification
- Sample Type
- drill
- Group ID
- CLB26073:90.9-122.65
- Mining Method
- unknown
Location
- Location
- South Lobe 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
- 2026-08-26T00:00:00.000Z
Reasoning: Solid intercept.
Evidence · table
“223”
Context: 31.75
Tags used in scoring
QA/QC Disclosedpositive
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 Undisclosednegative
High-grade interval reported without stating the cut-off grade used for compositing.
Why it applies: no cutoff_grade was stated
Nearology Playneutral
Value premise rests on proximity to a known deposit rather than own results.
Why it applies: proximity is offered as the value premise: "About 3 km of that corridor runs from the southern limit of the Discovery Area to the north of the TG deposit; An update"
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
- canada_qc
- Ticker
- SCD
Geometry
- Grade
- 346
- Grade Unit
- ppm
- Intercept
- 7.15 m
- From
- 94.35 m
- To
- 101.5 m
- Intercept Depth
- 94.35 m
Classification
- Sample Type
- drill
- Group ID
- CLB26073:94.35-101.5
- Mining Method
- unknown
Location
- Location
- South Lobe 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
- 2026-08-26T00:00:00.000Z
Reasoning: High grade within a larger interval.
Positive factors
- High grade sub-interval
Evidence · table
“346”
Context: 7.15
Tags used in scoring
QA/QC Disclosedpositive
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 Undisclosednegative
High-grade interval reported without stating the cut-off grade used for compositing.
Why it applies: no cutoff_grade was stated
Nearology Playneutral
Value premise rests on proximity to a known deposit rather than own results.
Why it applies: proximity is offered as the value premise: "About 3 km of that corridor runs from the southern limit of the Discovery Area to the north of the TG deposit; An update"
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.