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Scandium project near Crater Lake confirms northern resource extension

3 reports, 1 independent Updated Oct 21
Gone quiet Reached 2 outlets in its first 24 hours
Reports
3
Developments
1
Repetition
67%

New informationRepeats or wire copies

AI-generated briefing. Brind wrote this from the reports listed below. It can be wrong. Each section says how much you can rely on it, and the sources are linked so you can check.

What happened

Some supportReported by 1 outlet

Scandium Canada Ltd. announced assay results from hole CL26095, drilled north of the current resource at the Crater Lake scandium project in Nunavik, Québec. The hole intersected 150.1 metres of scandium mineralization at 292 ppm Sc2O3, including a 92.85-metre high-grade section. These results confirm a Northern extension to the 2025 MRE, and Norda Stelo plans to update the mineral resource estimate after receiving all 2026 campaign results.

From finanznachrichten.de

Why it matters

Some supportBrind's analysis of the reports

The discovery of new mineralization confirms a potential expansion of the mineral deposit at Crater Lake. Norda Stelo will incorporate these positive assay results into an updated NI 43-101 mineral resource estimate.

From finanznachrichten.de

Who's involved

  • Norda SteloCanadian engineering firm tasked with preparing the updated mineral resource estimate.
  • Crater LakeLocation of the scandium project and the mineral deposit being assessed.

Who could feel it

Possible knock-on effects

These are possibilities Brind reasoned out, not predictions, and not advice. Most are not stated in any report.

  • Norda SteloSpeculative

    Norda Stelo might see an increase in the scope and value of the resource estimate contract.

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The entities involved

Coverage

Newest first; wire copies grouped
1 more outlet ran the same wire story