Scandium Canada Ltd. has completed bulk sample drilling at the TG Zone of its Crater Lake project in Nunavik, Quebec, and immediately launched a follow-up drilling campaign targeting a resource expansion.

The completed bulk sample program comprised 19 drill holes totaling approximately 3,400 metres, collared along the full strike length of the zone to provide a representative metallurgical sample for a future feasibility study. Targeted mineralized intervals were intersected in the holes, and chemical analyses are currently underway.

The active drill rig has now shifted to a multi-component program of up to 36 holes totaling a minimum of 4,000 metres. This active phase includes resource extension drilling targeting a minimum of 100 metres beyond each end of the currently defined ~700-metre TG Zone, as well as delineation drilling and follow-up exploration testing the corridor toward the Discovery Area over a prospective footprint of approximately 1.5 kilometres. Scandium Canada anticipates completing the program in 2026.

"The first phase delivered exactly what a feasibility study requires: a metallurgical sample collected along the full strike of the TG Zone rather than from a single location. That is what makes it truly representative of the deposit," said Guy Bourassa, Chief Executive Officer of Scandium Canada. "The real excitement starts now. With a minimum of 100 metres of extension on each side of a zone that currently runs approximately 700 metres, we have the potential to grow the TG Zone resource by 20 to 25%. The exploration drilling that will follow, toward the Discovery Area, could ultimately extend the mineralized system to approximately 1.5 kilometres."

"The targeted mineralized zones were intersected in the bulk sample drill holes, and core logging confirmed the geological continuity we anticipated across the zone," commented Eric Kinnan, P.Geo., Qualified Person for the Company under National Instrument 43-101. "Chemical analyses are underway and results will be disclosed as they are received, compiled and validated. The drill has now turned to the delineation and extension holes north and south of the TG Zone."

— Guy Bourassa, Chief Executive Officer, and Eric Kinnan, Qualified Person

Read the full announcement: Scandium Canada Moves to Grow the TG Zone from 700 to 900 Metres with Resource Extension Drilling Underway at Crater Lake