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Highlights
- Scandium Canada Ltd. focuses on scandium exploration and development at Crater Lake.
- Drilling program at Crater Lake confirms mineralization and supports pre-feasibility efforts.
- Ongoing hydrometallurgical testing aims to optimize scandium oxide production.
Scandium Canada Ltd. (TSXV:SCD) is active in scandium exploration, with its flagship Crater Lake property playing a central role in the company’s current activities. Located in Quebec, the Crater Lake site is the focus of efforts to assess the potential of scandium as a key material in various industries, including aerospace and clean energy.
Crater Lake Drilling Program Progress
In the summer of 2024, Scandium Canada undertook a two-part drilling program at Crater Lake. The primary goal was to confirm the extension of the TG Zone by an additional distance. A total of seven holes were drilled, all of which confirmed mineralization. Samples from these holes were sent for analysis, with results expected by December. These assays will provide crucial data for a resource update, anticipated to be completed by an independent firm in January 2025. The resource update will further define the scope and scale of the Crater Lake project, helping to establish its potential as a significant scandium resource.
Additionally, the program included efforts to gather data for the proposed open pit design. Samples from six additional holes are currently being analyzed to optimize the design for the northern part of the TG Zone. These results are expected to play a key role in advancing the pre-feasibility study for the project.
Hydrometallurgical Plant Site Selection
Scandium Canada is also evaluating possible locations for a hydrometallurgical plant, which will convert scandium concentrate into scandium oxide. Management has visited several potential sites in areas such as Wabush, Labrador City, and Fermont. Securing an appropriate location for the plant is essential to incorporating this facility into the pre-feasibility study, which will outline the broader scope of the Crater Lake project’s operations.
Ore Concentration and Process Optimization
Laboratory work at SGS Canada’s facility in Lakefield, Ontario, is focused on refining the process for concentrating scandium ore and producing scandium oxide. Testing is being conducted on a large sample of material from Crater Lake. The steps involved in concentrating the ore have already been validated, and work is underway to complete the hydrometallurgical process for producing scandium oxide. Full testing is set to finish by January 2025, with a final report expected by March. Certain innovative steps in this process may be protected through patent applications, reflecting the company’s focus on safeguarding its technological advancements.
Scandium Canada continues to make steady progress on multiple fronts, including drilling, process optimization, and site selection for key infrastructure. These developments are expected to enhance the company’s ability to advance the Crater Lake project and position it as a significant source of scandium in the global market.
