Scandium Canada reported its first assay results from the 2026 drilling program at the Crater Lake project in Quebec.

The company intersected 124.9 meters of mineralization.

Assays showed a grade of 232 ppm scandium oxide.

Mineralization began at a shallow depth of 7.3 meters within the TG deposit.

These results confirm grades consistent with the company’s 2025 mineral resource estimate.

A high-resolution magnetic survey identified a favorable mineralized corridor extending nearly 3 kilometers.

The company has already commenced drilling on new exploration targets identified by the survey.