Northwire Canada EditionTuesday, November 10, 2026
Northwire
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Gold 4,114.50 +1.0% Silver 52.69 +1.4% Copper 6.38 +2.3% Oil 86.38 −4.9% Palladium 1,037.50 +2.0% HMMC 5.30 +2.7% EQX 17.02 +4.8% URE 1.13 +7.6% VRB 0.050 −9.1% GGO 1.22 +9.9% EFF 0.030 +0.0% AXO 1.07 +0.9% VGZ 4.01 +3.1% WGLD 0.120 +0.0% AAUC 33.15 +1.9% EDR 11.80 +6.7% CNRI 0.195 +0.0% STND 0.065 +8.3% SHL 0.375 +0.0% MAI 4.39 +3.0% GCN 0.030 +0.0% Gold 4,114.50 +1.0% Silver 52.69 +1.4% Copper 6.38 +2.3% Oil 86.38 −4.9% Palladium 1,037.50 +2.0% HMMC 5.30 +2.7% EQX 17.02 +4.8% URE 1.13 +7.6% VRB 0.050 −9.1% GGO 1.22 +9.9% EFF 0.030 +0.0% AXO 1.07 +0.9% VGZ 4.01 +3.1% WGLD 0.120 +0.0% AAUC 33.15 +1.9% EDR 11.80 +6.7% CNRI 0.195 +0.0% STND 0.065 +8.3% SHL 0.375 +0.0% MAI 4.39 +3.0% GCN 0.030 +0.0%
Technical Study

Scottie Resources Advances Direct-Ship Ore Strategy with Phase 2 Ore Sorting Study Success and Feasibility Study Launch

Scottie Resources de-risks high-grade DSO strategy with successful Phase 2 ore sorting as it pivots toward 2027 production goal.

Executive Summary

The most recent news (March 18, 2026) announces the selection of Tetra Tech Inc. to lead a Feasibility Study (FS) for the Scottie Gold Mine Project. Simultaneously, the company reported successful Phase 2 Ore Sorting results. Key technical findings confirm that X-Ray Transmission (XRT) technology provides superior recovery and logistical advantages over XRF for their Direct-Ship Ore (DSO) strategy. The study used production-level equipment to confirm that the project can produce a DSO product at a -75mm particle size. A Phase 3 production-scale sample is planned for Spring 2026 at the Tomra facility in Germany.

Material Impact

The news is Routine - Positive. While the results are technically significant, they are an incremental progression of the DSO strategy first outlined in April 2025 and reinforced by the PEA filed in December 2025. - Technical De-risking: Moving from conceptual "Phase 1" core-sized samples to "Phase 2" production-level equipment validates the metallurgy and sorting efficiency required for the DSO model. - Strategic Shift: The selection of XRT over XRF narrows the technical scope for the upcoming FS. - Timeline Confirmation: The launch of the FS keeps the company on track for its previously stated goal of completing the study by H1 2027. - Economic Context: The DSO model is highly sensitive to "payability" from smelters; optimizing the sorting process is critical to maintaining the high-margin profile (60.3% IRR) identified in the PEA.

SCOT · Price
Company Overview

Scottie Resources is focused on the Scottie Gold Mine Project in BC’s Golden Triangle. The project includes the past-producing Scottie Gold Mine and the newer Blueberry Contact Zone. - Flagship Strategy: A Direct-Ship Ore (DSO) model. Instead of building a multi-hundred-million dollar mill and tailings facility, Scottie plans to crush and sort high-grade ore on-site and ship it directly to Asian smelters. - PEA Highlights: After-tax NPV(5%) of $215.8M and 60.3% IRR at US$2,600/oz gold.

Read the original news release →

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