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Scandium Canada announces results of a new Mineral Resource Estimate for its Crater Lake project
(TheNewswire) Highlights: Scandium Canada’s independent qualified pers...
About this update from Scandium Canada Ltd Class A
[{"type":"text","content":"Scandium Canada announces results of a new Mineral Resource Estimate for its Crater Lake project\n\n\n (TheNewswire)\n \n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n Highlights:\n \n\n\n\n\n\n\n Scandium Canada’s independent qualified persons report confirms\nIndicated Resources of\n \n\n\n\n 16.3 million\ntonnes grading 277.9 g/t Sc\n \n\n\n\n 2\n \n\n\n\n O\n \n\n\n\n 3\n \n\n\n\n and Inferred Resources of 20.9 million tonnes\ngrading 271.7 g/t Sc\n \n\n\n\n 2\n \n\n\n\n O\n \n\n\n\n 3\n \n\n\n\n within the TG\nZone.\n \n\n\n\n\n\n\n\n The TG Zone has been extended by over 250m to the\nSouth.\n \n\n\n\n\n\n\n\n This new Mineral Resource Estimate represents a\n \n\n\n\n 38% increase\n \n\n\n\n in\ntotal scandium tonnage for the\n \n\n\n\n Indicated Resources\n \n\n\n\n category and a\n \n\n\n\n 31%\nincrease\n \n\n\n\n in total scandium tonnage for the\n \n\n\n\n Inferred\nResources\n \n\n\n\n category compared to the 2023 Mineral\nresource report (\n \n\n\n\n\n Press Release September\n14, 2023 - Imperial Mining Announces an Increase of 58% on Indicated\nMineral Resource Estimate for its Scandium-Rare Earth Zone on its\nCrater Lake project, Quebec, Canada\n \n\n\n\n\n\n\n\n\n Determinations of magnet rare earth oxides (Nd, La, Pr, Dy, Tb) were\nmade for both resource categories.\n \n\n\n\n\n\n\n\n Using a Net Smelter Return (NSR) cut-off value of $CAN 205.54/t for\npotential open pit extraction method, the value of the mineralization\nwas determined to range between $CAN369-379/t.\n \n\n\n\n\n\n\n Mineralization remains\n \n\n\n open\nlaterally and at depth, demonstrating the potential to increase the\nmineral resource with additional drilling.\n \n\n\n\n\n\n\n\n\n\n\n MONTREAL, QUEBEC –\n \n\n TheNewswire -\n \n\n April 3, 2025\n \n\n –\n \n\n Scandium Canada Ltd.\n(\"Scandium Canada\")\n \n\n (\n \n\n TSX VENTURE: SCD\n \n\n ) is\npleased to announce\n \n\n that it has received the\nresults of a new NI 43-101 mineral resource estimate for the TG Zone\non its Crater Lake property, taking into account the results of the\n2024 diamond drilling campaign. The estimate was completed by Norda\nStelo Inc. of Quebec, Quebec. The effective date of the mineral\nresource estimate is April 02, 2025. The report will be filed on SEDAR\non or before May 16, 2025.\n \n\n\n\n\n “...