# 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-extractions.minestarters.com/news/scandium-canada-intersects-124-9-m-at-232-ppm-scandium-oxide-at-crater-lake-and--e67dd009-e266-4833-bd7a-3e74bfa0b37d

Original source: https://money.tmx.com/en/quote/SCD/news/7363972408454133/scandium-canada-intersects-124-9-m-at-232-ppm-scandium-oxide-at-crater-lake-and-

Publisher: tmx

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: TSX

- Region: Nunavik, Québec

- Primary commodity: Scandium

- Secondary commodities: None reported

- Document categories: Drill results, Other

- Extracted: 2026-09-14 22:25:13 UTC

Narrative sentiment: 0.70 · Bullish

## Minestarters Atlas 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 factor: High-grade scandium oxide intercepts confirmed

- Positive factor: Significant width \(124.9 m\) reported

- Positive factor: New magnetic survey identifies 3-5 km corridor

- Positive factor: QA/QC protocols disclosed with certified lab

- Negative factor: Postponement of PFS to prioritize PEA

Facts used in scoring: 11

## Classification and evidence

No classification tags are available.

## 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-extractions.minestarters.com/news/scandium-canada-intersects-124-9-m-at-232-ppm-scandium-oxide-at-crater-lake-and--e67dd009-e266-4833-bd7a-3e74bfa0b37d#fact-drill-facts-0)

Crater Lake · scandium

#### 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 factor: High grade for scandium

Evidence · table

> 315

Context: 13.45

#### Tags used in scoring

**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: qaqc\_disclosed is true

**Cut-off Undisclosed**

Polarity: negative

Definition: High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff\_grade was stated

**Nearology Play**

Polarity: neutral

Definition: 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"

### CLB26070

[Link to this fact](https://atlas-extractions.minestarters.com/news/scandium-canada-intersects-124-9-m-at-232-ppm-scandium-oxide-at-crater-lake-and--e67dd009-e266-4833-bd7a-3e74bfa0b37d#fact-drill-facts-1)

Crater Lake · scandium

#### 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 factor: Significant width

Evidence · table

> 175

Context: 65.40

#### Tags used in scoring

**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: qaqc\_disclosed is true

**Cut-off Undisclosed**

Polarity: negative

Definition: High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff\_grade was stated

**Nearology Play**

Polarity: neutral

Definition: 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"

### CLB26070

[Link to this fact](https://atlas-extractions.minestarters.com/news/scandium-canada-intersects-124-9-m-at-232-ppm-scandium-oxide-at-crater-lake-and--e67dd009-e266-4833-bd7a-3e74bfa0b37d#fact-drill-facts-2)

Crater Lake · scandium

#### 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 factor: High grade sub-interval

Evidence · table

> 316

Context: 7.20

#### Tags used in scoring

**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: qaqc\_disclosed is true

**Cut-off Undisclosed**

Polarity: negative

Definition: High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff\_grade was stated

**Nearology Play**

Polarity: neutral

Definition: 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"

### CLB26070

[Link to this fact](https://atlas-extractions.minestarters.com/news/scandium-canada-intersects-124-9-m-at-232-ppm-scandium-oxide-at-crater-lake-and--e67dd009-e266-4833-bd7a-3e74bfa0b37d#fact-drill-facts-3)

Crater Lake · scandium

#### 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 Disclosed**

Polarity: positive

Definition: 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 Undisclosed**

Polarity: negative

Definition: High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff\_grade was stated

**Nearology Play**

Polarity: neutral

Definition: 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"

### CLB26072

[Link to this fact](https://atlas-extractions.minestarters.com/news/scandium-canada-intersects-124-9-m-at-232-ppm-scandium-oxide-at-crater-lake-and--e67dd009-e266-4833-bd7a-3e74bfa0b37d#fact-drill-facts-4)

Crater Lake · scandium

#### 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 Disclosed**

Polarity: positive

Definition: 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 Undisclosed**

Polarity: negative

Definition: High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff\_grade was stated

**Nearology Play**

Polarity: neutral

Definition: 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"

### CLB26072

[Link to this fact](https://atlas-extractions.minestarters.com/news/scandium-canada-intersects-124-9-m-at-232-ppm-scandium-oxide-at-crater-lake-and--e67dd009-e266-4833-bd7a-3e74bfa0b37d#fact-drill-facts-5)

Crater Lake · scandium

#### 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 factor: Very wide intercept

- Positive factor: High grade

Evidence · table

> 232

Context: 124.90

#### Tags used in scoring

**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: qaqc\_disclosed is true

**Cut-off Undisclosed**

Polarity: negative

Definition: High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff\_grade was stated

**Nearology Play**

Polarity: neutral

Definition: 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"

### CLB26072

[Link to this fact](https://atlas-extractions.minestarters.com/news/scandium-canada-intersects-124-9-m-at-232-ppm-scandium-oxide-at-crater-lake-and--e67dd009-e266-4833-bd7a-3e74bfa0b37d#fact-drill-facts-6)

Crater Lake · scandium

#### 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 factor: Very high grade

Evidence · table

> 461

Context: 10.35

#### Tags used in scoring

**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: qaqc\_disclosed is true

**Cut-off Undisclosed**

Polarity: negative

Definition: High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff\_grade was stated

**Nearology Play**

Polarity: neutral

Definition: 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"

### CLB26073

[Link to this fact](https://atlas-extractions.minestarters.com/news/scandium-canada-intersects-124-9-m-at-232-ppm-scandium-oxide-at-crater-lake-and--e67dd009-e266-4833-bd7a-3e74bfa0b37d#fact-drill-facts-7)

Crater Lake · scandium

#### 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 Disclosed**

Polarity: positive

Definition: 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 Undisclosed**

Polarity: negative

Definition: High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff\_grade was stated

**Nearology Play**

Polarity: neutral

Definition: 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"

### CLB26073

[Link to this fact](https://atlas-extractions.minestarters.com/news/scandium-canada-intersects-124-9-m-at-232-ppm-scandium-oxide-at-crater-lake-and--e67dd009-e266-4833-bd7a-3e74bfa0b37d#fact-drill-facts-8)

Crater Lake · scandium

#### 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 Disclosed**

Polarity: positive

Definition: 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 Undisclosed**

Polarity: negative

Definition: High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff\_grade was stated

**Nearology Play**

Polarity: neutral

Definition: 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"

### CLB26073

[Link to this fact](https://atlas-extractions.minestarters.com/news/scandium-canada-intersects-124-9-m-at-232-ppm-scandium-oxide-at-crater-lake-and--e67dd009-e266-4833-bd7a-3e74bfa0b37d#fact-drill-facts-9)

Crater Lake · scandium

#### 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 Disclosed**

Polarity: positive

Definition: 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 Undisclosed**

Polarity: negative

Definition: High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff\_grade was stated

**Nearology Play**

Polarity: neutral

Definition: 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"

### CLB26073

[Link to this fact](https://atlas-extractions.minestarters.com/news/scandium-canada-intersects-124-9-m-at-232-ppm-scandium-oxide-at-crater-lake-and--e67dd009-e266-4833-bd7a-3e74bfa0b37d#fact-drill-facts-10)

Crater Lake · scandium

#### 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 factor: High grade sub-interval

Evidence · table

> 346

Context: 7.15

#### Tags used in scoring

**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: qaqc\_disclosed is true

**Cut-off Undisclosed**

Polarity: negative

Definition: High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff\_grade was stated

**Nearology Play**

Polarity: neutral

Definition: 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.
