Scottie Resources Intercepts 6.41 g/t Gold over 14.0 m, Continuing to Demonstrate High-Grade in Fifi Veins at Blueberry Contact Zone
Scottie Resources De-risks DSO Pathway as High-Grade Drilling Bolsters PEA Cornerstone Zone
The most recent news release (January 6, 2026) reports assay results from the 2025 drilling program at the Blueberry Contact Zone (BCZ) within the Scottie Gold Mine Project. Key intercepts include 6.41 g/t gold over 14.0 metres (hole SR25-415) and 20.5 g/t gold over 1.1 metres (hole SR25-371). These results target the Fifi, Road, and Lemoffe vein zones. Management indicates that these high-grade results support the recently filed Preliminary Economic Assessment (PEA), specifically the scenario involving an initial open pit at the Blueberry Zone. The CEO stated that at current gold prices, the open pit alone has the potential to fund both mine construction and the development of the subsequent underground operation.
The impact is Material - Positive for the following reasons: - Continuity of High Grade: The results confirm high-grade gold continuity in the Fifi vein, which is a critical component of the "cornerstone" Blueberry zone. Consistent results here de-risk the resource model used for the PEA. - Economic Validation: By achieving widths like 14.0 metres at 6.41 g/t gold, the company strengthens the "Direct Ship Ore" (DSO) model. High-grade near-surface mineralization is essential for the DSO strategy to minimize capital expenditure by avoiding on-site processing. - Funding Strategy: The CEO’s assertion that the open pit could self-fund underground development is a significant claim that reduces the perceived long-term dilution risk for shareholders, provided the feasibility studies (targeted for H1 2027) confirm this. - Alignment with History: These results are consistent with the Maiden Resource Estimate (May 2025) of 703,000 ounces at 6.1 g/t and follow the robust PEA metrics (60.3% IRR) released in October 2025.
Scottie Resources owns 100% of the Scottie Gold Mine Project in the Golden Triangle of British Columbia. The flagship project includes the past-producing Scottie Gold Mine and the newly discovered Blueberry Contact Zone. - Strategy: The company is pursuing a Direct Ship Ore (DSO) model, which involves crushing and sorting ore on-site and shipping a high-grade product to smelters (primarily in Asia) or local toll-mills, bypassing the need for a massive mill and tailings facility at the site. - Flagship Resource: 703,000 ounces of gold (Inferred) at 6.1 g/t. - Infrastructure: The project is road-accessible and located near Stewart, BC, a deep-water port.