Scottie Resources Drills 16.1 g/t Gold over 4.6 Metres at Fifi Zone and Discovers New Vein at Bend, Scottie Gold Mine Project, BC
Scottie Validates Direct-Ship Strategy with $9M Bulk Sample Success while Drill Bit Continues to Expand High-Grade Footprint in BC
The most recent news release (January 15, 2026) reports high-grade gold assay results from the 2025 drill program at the Scottie Gold Mine Project in British Columbia. Key highlights include an intercept of 16.1 g/t gold over 4.6 metres in the Fifi Zone and the discovery of a new near-surface vein in the Bend area (3.09 g/t over 3.0 metres). The drilling confirmed that mineralization in the Road Zone exists outside the current resource model but remains within the conceptual open pit shell, suggesting immediate potential for resource growth. This follows the January 6, 2026 release of 6.41 g/t gold over 14.0 metres at the Blueberry Contact Zone, reinforcing the continuity of the high-grade systems.
This news is materially positive as it achieves three critical objectives: - Resource De-risking: High-grade intercepts at Fifi and the P-Zone (reported in Dec 2025) increase geological confidence required to convert Inferred resources to Indicated, a prerequisite for the H1 2027 Feasibility Study. - Economic Validation: The company confirmed that its 2025 bulk sample program generated approximately $9 million in net revenue. This serves as a "dry run" for the Direct-Ship Ore (DSO) model, proving the logistical pathway from mine to Stewart port to smelter. - Exploration Upside: The discovery of new veins at Bend and intercepts outside the resource model at the Road Zone indicate that the maiden 703,000-ounce Inferred resource (6.1 g/t) has significant room to expand. - Fiscal Health: Following the closing of a $24.2 million financing in December 2024, the company is fully funded for its 2026 field season, mitigating near-term dilution risk.
Scottie Resources is focused on the Scottie Gold Mine Project in the Golden Triangle of British Columbia. The project includes the past-producing Scottie Gold Mine and the adjacent Blueberry Contact Zone. - Flagship Project: Scottie Gold Mine Project. - Stage: PEA / Resource Development. - Resource: 703,000 oz Gold (Inferred) at 6.1 g/t. - Strategy: Low-capital DSO (Direct Ship Ore) operation. The PEA outlines a 7-year mine life with an after-tax NPV(5%) of $215.8M and 60.3% IRR at $2,600 gold. - Infrastructure: Road accessible, 35km from the deep-water port of Stewart, BC.