Scottie Resources Hits Multiple High-Grade Gold Intercepts at Blueberry Contact Zone Including 34.3 g/t Gold over 3.30 Metres and 9.97 g/t Gold over 9.70 Metres
High-grade intercepts confirm Blueberry continuity as DSO strategy gains momentum
The news release dated January 28, 2026, reports final assay results from the 2025 drilling program at the Blueberry Contact Zone within the Scottie Gold Mine Project. Key highlights include hole SR25-420, which returned 34.3 g/t gold over 3.30 metres, and hole SR25-424, which intercepted multiple zones including 9.97 g/t gold over 9.70 metres. Of the 27,000 metres drilled in 2025, approximately 11,000 metres remain to be reported. Management indicates the project is "fully funded for 2026" and emphasizes the efficiency of the targeting model at the Blueberry zone.
This news is materially positive as it provides the necessary geological "meat" to support the Preliminary Economic Assessment (PEA) released in late 2025. - Resource Conversion: The high-grade continuity is essential for converting the current 703,000-ounce Inferred Resource into the Indicated category, a prerequisite for the Feasibility Study targeted for H1 2027. - DSO Model Validation: The Direct-Ship Ore (DSO) model relies on high head grades (PEA assumes 6.86 g/t) to offset the high logistical costs of shipping mineralized rock. Intercepts exceeding 30 g/t significantly derisk the economic viability of this model. - Systematic Success: The hit rate for high-grade veins (Lemoffe, Road, and BB Veins) suggests the structural model is predictive, reducing the risk of "blind" drilling in future programs. - Funding Runway: The confirmation that the company is fully funded for 2026 (following the $24.2M financing in Dec 2025) removes immediate dilution risk, allowing the market to focus on drill results.
Scottie Resources owns 100% of the Scottie Gold Mine Project in the Golden Triangle of British Columbia. The project includes the past-producing Scottie Gold Mine (which produced at 16.2 g/t) and the adjacent Blueberry Contact Zone discovery. The flagship strategy is a "Direct-Ship Ore" (DSO) model, which involves crushing and sorting ore on-site to ship high-grade material directly to smelters, thereby avoiding the massive capital expense and environmental footprint of building a mill and tailings facility.