STOCK TITAN

Scottie Commences 2025 Drilling Program to Expand and Further De-Risk Existing Resources to Inform PEA

Rhea-AI Impact
(Neutral)
Rhea-AI Sentiment
(Neutral)
Tags

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) ha avviato il programma di perforazione 2025 presso il progetto principale Scottie Gold Mine, situato a 35 chilometri a nord di Stewart, British Columbia. Il programma prevede tre trapani diamantati attivi focalizzati sull'espansione e l'aggiornamento delle risorse nella Blueberry Contact Zone e nella Scottie Gold Mine.

Le iniziative principali includono perforazioni di estensione nella Wolf Zone (che in precedenza ha prodotto 6,85 g/t di oro su 5,85 m), studi geotecnici e valutazioni ambientali di base. L'azienda punta a presentare una Valutazione Economica Preliminare (PEA) a basso capitale su uno scenario di spedizione diretta del minerale entro ottobre 2025, supportata da studi tecnici sul campo completi, inclusi studi ambientali di base condotti dalla SLR in collaborazione con Nisga'a Growth Corporation.

Scottie Resources (OTCQB: SCTSF) ha iniciado su programa de perforación 2025 en el proyecto principal Scottie Gold Mine, ubicado a 35 kilómetros al norte de Stewart, Columbia Británica. El programa cuenta con tres equipos activos de perforación diamantina enfocados en la expansión y mejora de recursos en la Blueberry Contact Zone y la Scottie Gold Mine.

Las iniciativas clave incluyen perforaciones de extensión en la Wolf Zone (que anteriormente arrojó 6,85 g/t de oro sobre 5,85 m), estudios geotécnicos y evaluaciones ambientales de referencia. La compañía apunta a entregar una Evaluación Económica Preliminar (PEA) de bajo capital en un escenario de envío directo de mineral para octubre de 2025, respaldada por estudios técnicos de campo integrales, incluidos estudios ambientales de referencia realizados por SLR en asociación con Nisga'a Growth Corporation.

Scottie Resources (OTCQB: SCTSF)는 브리티시 컬럼비아주 스튜어트 북쪽 35킬로미터에 위치한 주력 프로젝트인 Scottie Gold Mine에서 2025년 시추 프로그램을 시작했습니다. 이 프로그램은 Blueberry Contact Zone과 Scottie Gold Mine에서 자원 확장 및 업그레이드에 집중하는 세 대의 다이아몬드 시추 장비를 포함합니다.

주요 계획으로는 이전에 5.85m 구간에서 6.85 g/t 금을 산출한 Wolf Zone에서의 확장 시추, 지반 공학 연구, 그리고 기초 환경 평가가 포함됩니다. 회사는 Nisga'a Growth Corporation과 협력한 SLR이 수행하는 환경 기초 연구를 포함한 종합적인 현장 기술 연구를 바탕으로 2025년 10월까지 직접 선적 광석 시나리오에 대한 저자본 예비 경제성 평가(PEA)를 제공하는 것을 목표로 하고 있습니다.

Scottie Resources (OTCQB : SCTSF) a lancé son programme de forage 2025 sur le projet phare Scottie Gold Mine, situé à 35 kilomètres au nord de Stewart, en Colombie-Britannique. Le programme comprend trois foreuses diamantées actives axées sur l'expansion et la mise à niveau des ressources dans la Blueberry Contact Zone et la Scottie Gold Mine.

Les initiatives clés incluent un forage d'extension dans la Wolf Zone (qui a précédemment produit 6,85 g/t d'or sur 5,85 m), des études géotechniques et des évaluations environnementales de référence. La société vise à livrer une étude économique préliminaire (PEA) à faible capital sur un scénario d'expédition directe du minerai d'ici octobre 2025, soutenue par des études techniques de terrain complètes, y compris des études environnementales de référence réalisées par SLR en partenariat avec Nisga'a Growth Corporation.

Scottie Resources (OTCQB: SCTSF) hat sein Bohrprogramm 2025 am Flaggschiff-Projekt Scottie Gold Mine gestartet, das 35 Kilometer nördlich von Stewart, British Columbia, liegt. Das Programm umfasst drei aktive Diamantbohrgeräte, die sich auf die Ressourcenerweiterung und -aufwertung in der Blueberry Contact Zone und der Scottie Gold Mine konzentrieren.

Wichtige Maßnahmen umfassen Erweiterungsbohrungen in der Wolf Zone (die zuvor 6,85 g/t Gold über 5,85 m ergab), geotechnische Studien und Umweltgrundlagenbewertungen. Das Unternehmen strebt an, bis Oktober 2025 eine niedrigkapitalintensive vorläufige Wirtschaftlichkeitsstudie (PEA) für ein Direktversand-Erz-Szenario vorzulegen, unterstützt durch umfassende technische Feldstudien einschließlich Umweltgrundlagenuntersuchungen, die in Partnerschaft mit der Nisga'a Growth Corporation durch SLR durchgeführt werden.

Positive
  • Comprehensive drilling program with three active diamond drill rigs
  • Previous promising results from Wolf Zone showing 6.85 g/t gold over 5.85m
  • Strategic focus on resource upgrade from inferred to indicated category
  • Progress toward low-capex PEA scheduled for October 2025
  • Initiation of key technical and environmental studies to support mine development
Negative
  • Project still requires completion of PEA and permitting process
  • Additional technical studies and assessments needed before development

Vancouver, British Columbia--(Newsfile Corp. - July 22, 2025) - Scottie Resources Corp. (TSXV: SCOT) (OTCQB: SCTSF) (FSE: SR80) ("Scottie" or the "Company") is pleased to announce that drilling is now underway at its flagship Scottie Gold Mine Project, with three diamond drill rigs currently active on site. The Project-which encompasses the 100%-owned past-producing Scottie Gold Mine and the adjacent, high-priority Blueberry Contact Zone-is located just 35 kilometres north of Stewart, British Columbia, along the Granduc Road.

Drill Program Highlights:

  • Resource Upgrade (inferred to indicated) and Expansionary drilling of the Blueberry Contact Zone

    • Focus on the open pit and upper portions of the underground resource
    • Detailed testing of the siltstone side of the contact zone, a high-probability target that would add ounces to the current pit shell and underground stope shapes
  • Scottie Gold Mine

    • Step-out drilling on the Wolf Zone target discovered in 2024 (including intercept of 6.85 g/t gold over 5.85 m; see NR dated December 12, 2024)
    • Continued drilling of the Scottie Gold Mine P-Zone
  • Geotechnical and Hydrogeology drill holes to support ongoing mine design studies

"Scottie has launched a focused and ambitious field program aimed at accelerating the advancement of the Project," said Brad Rouke, CEO of Scottie Resources. "Our winter desktop work identified key development milestones, and this summer's activities are strategically designed to address those critical path items. Drilling remains a cornerstone of the program-both to expand and de-risk the resource, and to gather essential technical data to inform mine design. With fieldwork now underway, we are on track to deliver a low-capex Preliminary Economic Assessment on a Direct Shipment Ore scenario in October, which we believe will clearly highlight the significant, untapped value of the Scottie Gold Mine Project.

Additional Technical Field Studies

In conjunction with the initiation of the drilling program, Scottie has also commenced work on several technical studies, including:

  • Initiation of Baseline Environmental Studies
  • Geotechnical characterization of the mineralization and host rocks
  • Avalanche assessment and mitigation studies

Baseline Environmental Studies

As previously reported (see NR date July 15, 2025), Scottie has initiated Baseline Environmental Studies to support a planned mine permit amendment process. The work includes archaeological, aquatics, terrestrial, hydrogeological, and geochemical data collection, and will be completed by led by Nisga'a Growth Corporation-partnered SLR.

Geotechnical Studies

To support the mine design and engineering, geotechnical studies have been initiated to assess the characteristics of the rocks, including the drilling of purpose designed holes to assess pit slope stability. The testing will inform pit design, underground mining methods, and stope optimization for use in the upcoming PEA.

ABOUT SCOTTIE RESOURCES CORP.

Scottie owns a 100% interest in the Scottie Gold Mine Property which includes the Blueberry Contact Zone and the high-grade, past-producing Scottie Gold Mine. Scottie also owns 100% interest in the Georgia Project which contains the high-grade past-producing Georgia River Mine, as well as the Cambria Project properties and the Sulu and Tide North properties. Altogether Scottie Resources holds approximately 58,500 hectares of mineral claims in the Stewart Mining Camp in the Golden Triangle.

The Company's focus is on expanding the known mineralization around the past-producing mines while advancing near mine high-grade gold targets, with the purpose of delivering a potential resource.

All of the Company's properties are located in the area known as the Golden Triangle of British Columbia which is among the world's most prolific mineralized districts.

Additional Information

Brad Rourke
CEO
+1 250 877 9902
brad@scottieresources.com

Forward-Looking Statements

This news release may contain forward‐looking statements. Forward-looking statements are statements that are not historical facts and are generally, but not always, identified by the words "expects", "plans", "anticipates", "believes", "intends", "estimates", "projects", "potential" and similar expressions, or that events or conditions "will", "would", "may", "could" or "should" occur. Although the Company believes the expectations expressed in such forward‐looking statements are based on reasonable assumptions, such statements are not guarantees of future performance and actual results may differ materially from those in forward looking statements. Forward‐looking statements are based on the beliefs, estimates and opinions of the Company's management on the date such statements were made. The Company expressly disclaims any intention or obligation to update or revise any forward‐looking statements whether as a result of new information, future events or otherwise.

Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of TSX Venture Exchange) accepts responsibility for the adequacy of accuracy of this release.

To view the source version of this press release, please visit https://www.newsfilecorp.com/release/259579

FAQ

What is the main focus of Scottie Resources' (SCTSF) 2025 drilling program?

The program focuses on resource upgrade and expansion at the Blueberry Contact Zone and Scottie Gold Mine, with three diamond drill rigs currently active on site.

Where is Scottie Resources' (SCTSF) Gold Mine Project located?

The project is located 35 kilometers north of Stewart, British Columbia, along the Granduc Road.

What were the previous drilling results from Scottie Resources' Wolf Zone?

The Wolf Zone, discovered in 2024, showed promising results with an intercept of 6.85 g/t gold over 5.85 meters.

When will Scottie Resources (SCTSF) complete its Preliminary Economic Assessment?

The company plans to deliver a low-capex Preliminary Economic Assessment (PEA) in October 2025, focusing on a Direct Shipment Ore scenario.

What technical studies is Scottie Resources currently conducting?

The company is conducting baseline environmental studies, geotechnical characterization, and avalanche assessment studies to support mine design and permitting.
Scottie Res

OTC:SCTSF

SCTSF Rankings

SCTSF Latest News

SCTSF Stock Data

34.24M
41.42M
16.67%
6.92%
Other Precious Metals & Mining
Basic Materials
Link
Canada
Vancouver