Scottie Res Stock Price, News & Analysis

Scottie Resources Corp. (SCTSF) is a mineral exploration company focused on advancing the Scottie Gold Mine Project in British Columbia, Canada. The project is road-accessible and located in the Stewart Mining Camp within British Columbia's Golden Triangle, a region described as one of the world's most prolific mineralized districts. Scottie Resources trades on the TSX Venture Exchange under the symbol SCOT and on the OTCQB under the symbol SCTSF.

The company holds a 100% interest in the Scottie Gold Mine Property, which includes the high-grade, past-producing Scottie Gold Mine and the adjacent Blueberry Contact Zone. Over several years of exploration, Scottie has reported the discovery of multiple high-grade gold zones, including the Blueberry Contact Zone, Domino, D-Zone, and P-Zone, and has expanded historically drilled targets such as the Scottie Gold Mine, C-Zone, Bend Vein, and Stockwork. According to company disclosures, the Scottie Gold Mine Project hosts an Inferred mineral resource of 703,000 ounces of gold at an average grade of 6.1 g/t,> highlighting a near-surface, high-grade deposit.

Project scale and land position are central to Scottie Resources’ profile. The company states that it controls approximately 58,500 hectares of highly prospective mineral claims across the Stewart Mining Camp. In addition to the Scottie Gold Mine Property, Scottie Resources owns a 100% interest in the Georgia Project, which hosts the past-producing Georgia River Mine, as well as the Cambria, Sulu, and Tide North properties. Collectively, these assets position the company within a well-known gold district that also hosts other producing and past-producing mines.

Scottie Gold Mine Project and Blueberry Contact Zone

The Scottie Gold Mine Project is the company’s flagship asset. It includes the past-producing underground Scottie Gold Mine and the nearby Blueberry Contact Zone, located approximately 2 kilometres northeast of the mine. Company disclosures describe a clear spatial relationship between high-grade gold zones and the contact with the Jurassic-aged Texas Creek Plutonic Suite. Geological, structural, mineralogical, and geochemical work suggests that multiple deposits on the property are linked to a shared mineralizing event, forming a broader interconnected system.

The Blueberry Contact Zone has evolved from a lightly drilled high-grade vein showing into what the company describes as a major growth target. Drill programs from 2019 onward have outlined a north–south mineralized trend hosting sulphide-rich, sub-parallel veins that crosscut the structure and contain high-grade gold. As of the end of 2024, Scottie reports that this N–S zone has a drilled strike length of more than 1,550 metres and has been tested to depths greater than 525 metres. The Blueberry Contact Zone is accessible via the Granduc Road and is situated roughly 20 kilometres north of Ascot Resources’ Premier Mine and 25 kilometres south of Newmont’s Brucejack Mine, according to company news releases.

Resource base and exploration strategy

Scottie Resources reports that its current resource estimate for the Scottie Gold Mine Project comprises approximately 3.6 million tonnes grading 6.1 g/t gold in the Inferred category, for a total of 703,000 ounces of gold. This resource incorporates both open-pit and underground material at the Blueberry Contact Zone and the Scottie Gold Mine. The company’s stated strategy is to expand this resource and define additional mineralization around past-producing mines through systematic drilling and surface exploration.

Recent drill campaigns have targeted multiple zones, including the P-Zone, Fifi, Road, Lemoffe, Bend Vein, O-Zone, M-Zone, and Blueberry Vein. Reported intercepts include multi-metre intervals of high-grade gold at both the Scottie Gold Mine and Blueberry Contact Zone, as well as new vein discoveries such as a near-surface vein in the Bend area. These results are described by the company as supporting resource growth, improving geological confidence, and providing opportunities for resource conversion from Inferred to Indicated classification.

Direct-Ship Ore (DSO) concept and Preliminary Economic Assessment

A key feature of Scottie Resources’ development plan is a Direct-Ship Ore (DSO) scenario evaluated in an independent Preliminary Economic Assessment (PEA) for the Scottie Gold Mine Project. The PEA, prepared in accordance with National Instrument 43-101, outlines a development concept in which mineralized material is crushed, upgraded using ore sorting, and shipped as a gold-rich product to Asian copper/precious metals smelters. According to company news releases, this approach is intended to eliminate the need for an on-site gold processing plant and tailings facility, reducing initial capital requirements and the physical footprint of the operation.

The PEA base case assumes open-pit mining at the Blueberry Contact Zone followed by underground mining at both Blueberry and the Scottie Gold Mine. The study contemplates a nominal throughput of about 900 tonnes per day of sorted product, with average annual production on the order of 65,400 ounces of gold over a seven-year mine life. The company reports after-tax net present value (NPV) and internal rate of return (IRR) metrics under various gold price scenarios, as well as an alternative toll-milling option that would utilize potential excess capacity at the nearby Premier mill. Scottie notes that no toll-milling agreement is currently in place and that the PEA is preliminary in nature, based on Inferred resources that do not have demonstrated economic viability.

Bulk sample and DSO pathway

To test the DSO concept in practice, Scottie Resources has undertaken a bulk sample program at the Bend Vein, a small open-pit resource within the Scottie Gold Mine Project. Company disclosures state that approximately 4,588 wet tonnes were mined, crushed, and prepared for export, with the material representing roughly ten days of full production under the PEA scenario. The bulk sample was processed through a sequence of blasting, sorting, crushing, and transport to a bulk shipping terminal, then sold under an agreement with Ocean Partners.

Scottie describes the bulk sample as a "dry run" of the anticipated DSO workflow, covering permitting, mining, crushing, logistics, export procedures, and commercial arrangements. The program also generated technical data on crushing characteristics, work indices, particle size distribution, and grade-by-size behaviour, which the company indicates will inform future engineering and feasibility work. The reported outcome includes an estimated net revenue figure and confirmation that the DSO pathway can be executed within a relatively short timeframe from permitting to sale.

Additional properties and district context

Beyond the Scottie Gold Mine Project, Scottie Resources’ portfolio includes the Georgia Project, which hosts the past-producing Georgia River Mine, and the Cambria, Sulu, and Tide North properties. These assets, together with the Scottie Gold Mine Property, give the company a substantial land position in the Stewart Mining Camp. Company descriptions emphasize the prospective nature of this land package within the Golden Triangle and the presence of multiple past-producing operations within the broader district.

Technical oversight and reporting framework

Scottie Resources’ technical disclosures are prepared under NI 43-101 Standards of Disclosure for Mineral Projects. The company identifies qualified persons responsible for reviewing and approving technical information, including independent engineers for the PEA and internal qualified persons for exploration data. Assay work has been carried out at accredited laboratories, with quality assurance and quality control measures such as standards, blanks, duplicates, and secure chain-of-custody protocols described in detail in company news releases.

Position within the mining and exploration sector

Within the broader mining, quarrying, and oil and gas extraction sector, Scottie Resources is focused on gold exploration and project advancement rather than production. The company’s activities centre on drilling, geological modelling, metallurgical test work, and economic studies aimed at defining and evaluating mineral resources. Its disclosures highlight a combination of high-grade gold intercepts, a growing resource base, and a development concept built around DSO and ore sorting.

Key points for SCTSF stock watchers

• 100% ownership of the Scottie Gold Mine Property, including the past-producing Scottie Gold Mine and Blueberry Contact Zone.
• Inferred mineral resource of 703,000 ounces of gold at an average grade of 6.1 g/t on the Scottie Gold Mine Project, as reported by the company.
• Large land position of about 58,500 hectares in the Stewart Mining Camp, part of British Columbia’s Golden Triangle.
• Independent PEA evaluating a Direct-Ship Ore development scenario and an alternative toll-milling option.
• Bulk sample program at Bend Vein used to test the DSO pathway and gather engineering data.
• Ongoing drilling programs targeting multiple high-grade zones to support resource growth and potential resource category upgrades.

FAQs about Scottie Resources Corp. (SCTSF)

• What does Scottie Resources Corp. do?
  

  Scottie Resources Corp. is a mineral exploration company focused on advancing the Scottie Gold Mine Project in British Columbia’s Golden Triangle. The company explores for and evaluates high-grade gold mineralization, particularly at the past-producing Scottie Gold Mine and the adjacent Blueberry Contact Zone, and conducts technical and economic studies such as a Preliminary Economic Assessment.

• Where are Scottie Resources’ main projects located?
  

  The company’s flagship Scottie Gold Mine Project is located approximately 35 kilometres north of Stewart, British Columbia, within the Stewart Mining Camp of the Golden Triangle. The Blueberry Contact Zone lies about 2 kilometres northeast of the Scottie Gold Mine and is accessible via the Granduc Road. Additional properties, including the Georgia, Cambria, Sulu, and Tide North projects, are also situated in this region.

• What is the current resource estimate for the Scottie Gold Mine Project?
  

  According to Scottie Resources’ disclosures, the Scottie Gold Mine Project hosts an Inferred mineral resource of about 3.6 million tonnes grading 6.1 g/t gold, for a total of 703,000 ounces of gold. This resource includes both open-pit and underground material at the Blueberry Contact Zone and the Scottie Gold Mine. The resource is classified as Inferred under NI 43-101 and does not constitute mineral reserves.

• What is the Direct-Ship Ore (DSO) concept at Scottie Gold Mine?
  

  The DSO concept evaluated in the company’s PEA involves mining, crushing, and ore sorting to produce a gold-rich product that can be shipped directly to copper/precious metals smelters in Asia. This approach is intended to avoid constructing an on-site processing plant and tailings facility, potentially lowering upfront capital costs and reducing the project’s physical footprint. The PEA presents economic metrics for this scenario but notes that it is preliminary and based on Inferred resources.

• What is the significance of the Blueberry Contact Zone?
  

  The Blueberry Contact Zone is a key growth area within the Scottie Gold Mine Project. Company drilling has outlined a north–south mineralized trend hosting sulphide-rich, high-grade gold veins associated with the contact between andesite and siltstone units of the Hazelton Formation and the Texas Creek Plutonic Suite. Scottie describes Blueberry as a major growth target that contributes significantly to the project’s resource base and to the DSO mine plan.

• What other properties does Scottie Resources own?
  

  In addition to the Scottie Gold Mine Property, Scottie Resources owns the Georgia Project, which includes the past-producing Georgia River Mine, and the Cambria, Sulu, and Tide North properties. Together, these projects give the company control over approximately 58,500 hectares of mineral claims in the Stewart Mining Camp.

• How does the bulk sample at Bend Vein relate to future operations?
  

  The bulk sample at Bend Vein was designed as a practical test of the DSO pathway described in the PEA. By mining, crushing, transporting, and selling a parcel of mineralized material, Scottie gathered information on logistics, regulatory requirements, product handling, and metallurgical performance. The company indicates that the program provided both revenue and technical data that will support future engineering and feasibility work.

• Is Scottie Resources currently a producing gold company?
  

  Based on the available disclosures, Scottie Resources is focused on exploration, resource definition, and project evaluation at the Scottie Gold Mine Project and related properties. The company has completed a PEA and a bulk sample but does not describe itself as having made a production decision. The PEA and DSO concept are presented as evaluations of potential development scenarios.

• How are Scottie Resources’ technical results verified?
  

  Scottie states that its exploration and project data are prepared and reviewed under NI 43-101. Qualified persons, including internal geologists and independent consultants, review and approve technical information. Assay work is conducted by external laboratories using methods such as fire assay with atomic absorption spectrometry, gravimetric finish where required, and multi-element ICP-AES analysis, with QA/QC protocols including standards, blanks, and duplicates.

• On which exchanges does Scottie Resources trade?
  

  Scottie Resources Corp. trades on the TSX Venture Exchange under the symbol SCOT, on the OTCQB market under the symbol SCTSF, and on the Frankfurt Stock Exchange under the symbol SR80, according to company news releases.