- Scottie Resources (OTCQB: SCTSF) files maiden NI 43-101 technical report for Scottie Gold Mine Project.
- Inferred Mineral Resource Estimate: 703,000 ounces of gold at an average grade of 6.1 g/t.
- Project benefits from existing infrastructure and a phased mining approach optimized for Direct Shipping Ore (DSO).
Scottie Resources (OTCQB: SCTSF) has announced the filing of its maiden NI 43-101 technical report for the Scottie Gold Mine Project located in British Columbia. The report outlines an Inferred Mineral Resource Estimate of 703,000 ounces of gold at an average grade of 6.1 g/t. This estimate includes 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 Scottie Gold Mine Project is strategically optimized for Direct Shipping Ore (DSO), featuring a phased approach that begins with shallow open pit mining to minimize initial capital expenditure and generate early cash flow. This is followed by the development of higher-grade underground resources. The project is positioned advantageously with existing infrastructure, including roads, proximity to a deep-water shipping port, and nearby power lines, which contribute to lower capital costs.
Looking forward, Scottie Resources will continue with its 2025 exploration drilling campaign, focusing on converting resources from inferred to indicated through infill drilling and conducting expansionary drilling on high-quality targets near the deposits, such as the newly discovered Wolf Zone. The company's strategic plan aims at expanding known mineralization while advancing high-grade gold targets nearby.
