Welcome to our dedicated page for Scottie Res news (Ticker: SCTSF), a resource for investors and traders seeking the latest updates and insights on Scottie Res stock.
Scottie Resources Corp (SCTSF) delivers focused gold exploration updates from British Columbia projects through this comprehensive news hub. Investors and industry observers will find verified operational developments, drilling results, and technical program updates from the Golden Triangle region.
This resource consolidates all essential announcements including high-grade discovery reports, strategic corporate initiatives, and geological study findings. Key updates cover diamond drilling progress across multiple zones, mineralogical analysis through advanced spectroscopy, and systematic exploration of the 58,500-hectare claim portfolio.
Content types include quarterly activity summaries, assay result disclosures, and technical partnership announcements. All materials adhere to strict quality assurance standards with data verified through accredited laboratories and secure chain-of-custody protocols.
Bookmark this page for direct access to Scottie Resources' latest verified developments. Regular visitors gain timely insights into exploration methodologies and corporate strategy execution within one of Canada's most active mining districts.
Scottie Resources (OTCQB: SCTSF) has secured permits from British Columbia's government for a 10,000-tonne surface bulk sampling program at its 100%-owned Scottie Gold Mine Project, located 35 kilometers north of Stewart, BC. The program aims to extract 3,000-4,000 tonnes of mineralized rock from the road-accessible Bend Vein.
The bulk sample will facilitate several technical studies, including full-scale ore sorting tests, comminution testing for optimizing crushed material size, and metallurgical testing for processing alternatives. The company has already engaged a mine contractor and begun moving equipment to the site, with blasting and excavation planned for August and transportation scheduled for September.
While this represents a significant milestone, the company emphasizes this is for exploration purposes only and does not constitute a production decision or imply economic viability, as no mineral reserves have been defined.
Scottie Resources (OTCQB: SCTSF) has launched its 2025 drilling program at the flagship Scottie Gold Mine Project, located 35 kilometers north of Stewart, British Columbia. The program features three active diamond drill rigs focusing on resource expansion and upgrade at the Blueberry Contact Zone and Scottie Gold Mine.
Key initiatives include step-out drilling at the Wolf Zone (which previously yielded 6.85 g/t gold over 5.85m), geotechnical studies, and baseline environmental assessments. The company aims to deliver a low-capex Preliminary Economic Assessment (PEA) on a Direct Shipment Ore scenario by October 2025, supported by comprehensive technical field studies including environmental baseline studies conducted by Nisga'a Growth Corporation-partnered SLR.
Scottie Resources (OTCQB: SCTSF) has initiated environmental baseline studies at its wholly-owned Scottie Gold Mine DSO Project in British Columbia's Golden Triangle. The company has engaged Nisga'a Growth Corporation-partnered SLR as the primary consultant, along with Ecofor Consulting Ltd. and Two Worlds Consulting to conduct comprehensive environmental assessments.
The multi-year program will cover archaeological, aquatics, terrestrial, hydrogeological, and geochemical data collection. These studies will supplement environmental data collected since 2019 and are crucial for advancing the permitting process for the road-accessible brownfields site, which is being positioned as a low-impact gold mining operation.
Scottie Resources (OTCQB: SCTSF) has secured a strategic partnership with Ocean Partners UK Limited, encompassing a $6 million equity investment and a USD$25 million construction loan facility. The partnership includes a commercial offtake agreement for 100% of production for the first 8 years from the Scottie DSO Project.
The equity investment will translate to approximately $8.4 million in charitable flow-through funding, making Ocean Partners Scottie's largest shareholder. The construction loan features a 24-month term from initial drawdown, with a 6-month grace period followed by 18 equal monthly installments at an interest rate of 12-month SOFR + 7%.
The project development schedule includes key milestones such as definition drilling, environmental studies, and completion of a Preliminary Economic Assessment (PEA) in Q4 2025. The project benefits from its proximity to the port of Stewart BC, offering low-cost bulk shipping access to Asia.
Scottie Resources (OTCQB: SCTSF) has filed its maiden NI 43-101 technical report for the Scottie Gold Mine Project in British Columbia. The report reveals an Inferred Mineral Resource Estimate of 703,000 ounces of gold at an average grade of 6.1 g/t gold.
The resource consists of 528,000 ounces at 8.7 g/t in underground resources and 174,000 ounces at 3.2 g/t in shallow pit-constrained resources. The project is optimized for Direct Shipping Ore (DSO), featuring a phased approach with initial open pit mining followed by underground development. The project benefits from existing infrastructure, including roads, proximity to deep-water shipping port, and nearby power lines.
Scottie Resources (SCTSF) has announced key management changes to support its transition from exploration to development. Sean Masse has been appointed as Chief Operating Officer (COO), bringing over 25 years of underground mining experience, including his recent role as general manager of the Brucejack mine. Additionally, Dr. Thomas Mumford has been promoted to President from his previous position as VP of Exploration.
The company has also granted 670,000 stock options at $0.97 per share, 325,000 Restricted Share Units, and 200,000 Deferred Share Units to various directors, officers, and consultants. The stock options vest quarterly over a year, while RSUs and DSUs vest after one year.
Scottie Resources Corp (SCTSF) has announced positive results from its Phase I ore sorting study at the Scottie Gold Mine Project, supporting the establishment of a high-margin direct ship ore (DSO) operation. The project will use XRF ore sorting technology to deliver gold concentrate to Asian copper/precious metals smelters.
Key highlights include:
- Elimination of gold processing plant and tailings facility requirements
- Strategic location near deep-sea shipping terminal
- Planned initial open pit operation
- Annual site production target of 80,000 to 100,000 ounces of gold
The ore sorting study demonstrated significant grade improvements: Blueberry Open Pit increased from 3.5 g/t to 7.2 g/t gold (90% recovery), Blueberry Underground from 6.5 g/t to 10.4 g/t gold (98% recovery), and Scottie Gold Mine Underground from 10 g/t to 19.7 g/t gold (93% recovery). The company plans to proceed with Phase II ore sorting study following its initial mineral resource estimate.
Scottie Resources (SCTSF) has reported final assays from its 2024 drilling campaign at the Blueberry Contact Zone, part of the Scottie Gold Mine Project in British Columbia. The campaign, consisting of 10,270 metres of diamond drilling, yielded significant high-grade gold intercepts.
Key results include drillhole SR24-357 intersecting 7.00 g/t gold over 14.40 m (including 47.40 g/t gold over 2.00 m), and SR24-359 yielding 14.66 g/t gold over 4.00 m (including 52.60 g/t gold over 1.00 m). The Blueberry Contact Zone now has a drilled strike length exceeding 1,550 metres and has been tested to depths greater than 525 metres.
The company is fully funded for 2025 and plans to include these results in their upcoming maiden resource estimate.
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