Scandium Canada hits long runs as it preps update

Northern MinerAug 26, 2026 · 9 days agoSCD

Analyst Takeaways

Scandium Canada has intersected a significant 13.4-metre interval grading 315 ppm scandium at Crater Lake, demonstrating consistent mineralization over substantial widths.
The Crater Lake project in northern Quebec appears to be returning commercially relevant scandium grades as the company prepares an updated resource estimate.
Long drill intercepts with elevated scandium grades suggest the potential for bulk-tonnage style mineralization, which could support economic viability at lower per-tonne costs.
Results are being compiled ahead of a company update, indicating management confidence in the project's development trajectory.

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Drill results from Scandium Canada’s (TSXV: SCD) Crater Lake project in northern Quebec have returned assays as strong as 13.4 metres grading 315 parts per million (ppm) scandium, as the... The post Scandium Canada hits long runs as it preps update appeared first on The Northern Miner.

Frequently Asked Questions

What is 315 ppm scandium and is it considered high-grade?+

315 ppm (parts per million) equals 0.0315% scandium by weight. Industry context for scandium deposits typically targets grades above 200–300 ppm to justify processing, making this result commercially relevant, though scandium grade benchmarks differ from precious metals.

Why is the 13.4-metre length important?+

Long continuous intercepts indicate consistent mineralization over depth and width, which reduces geological risk and can improve mine economics by reducing dilution and mining costs per unit of scandium recovered.

When will the updated resource estimate be released?+

The press release does not specify a timeline; the company is preparing an update but no date has been announced.

Where is Crater Lake and why is location important?+

Crater Lake is located in northern Quebec, which offers proximity to infrastructure, hydroelectric power, and established mining jurisdictions—factors that reduce capital and operating costs compared to remote locations.

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