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Scandium Canada said on 21 October it had completed its 2026 drilling campaign at the Crater Lake project in Nunavik. The company reported 10,018 metres across 49 holes, about 2.5 times the 4,000 metres originally planned. The work was designed to test extensions north and south of the known mineralized area and a parallel zone to the east.

At the time of the announcement, assays had been received for 28 of the 49 holes, with results for 21 still pending. The company plans to include the data in an updated resource estimate expected before year-end. These are company-reported exploration figures; drilling metres or zone dimensions alone do not establish an economic reserve or production.