Scandium Canada Ltd. reported assay results from the first drill hole in the northern extension of the TG deposit at its Crater Lake project in Nunavik, Québec. Hole CL26095 intercepted 150.1 meters of scandium mineralization. The interval averaged 292 parts per million (ppm) scandium oxide (Sc₂O₃).
The intercept is the longest reported from the 2026 drilling program to date. It is located 150 meters north of the current resource boundary, confirming a northern extension of the deposit and suggesting potential to expand the mineralized zone.
The company plans to include the results in an updated NI 43-101 mineral resource estimate after the current drilling campaign. The 2026 program is expected to conclude around October 15. Results from seven additional holes in the northern extension area are anticipated soon.
The step-out result supports Scandium Canada’s effort to grow resources at Crater Lake, which the company describes as North America’s largest primary source of scandium.