Northwire Canada EditionThursday, July 30, 2026
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ZAC 0.060 +0.0% ELE 21.18 −1.7% GHRT 0.750 +0.0% AEM 203.13 +0.1% JTWO 0.135 +0.0% EDR 10.63 −2.8% VMXX 0.750 +5.6% K 32.71 −1.5% AGI 40.13 −1.4% VGZ 2.40 +0.8% CAN 0.055 +0.0% NVO 0.055 +0.0% ARIS 19.57 −4.2% IVN 10.59 −0.8% MCI 0.165 +0.0% MTS 0.130 +0.0% ZAC 0.060 +0.0% ELE 21.18 −1.7% GHRT 0.750 +0.0% AEM 203.13 +0.1% JTWO 0.135 +0.0% EDR 10.63 −2.8% VMXX 0.750 +5.6% K 32.71 −1.5% AGI 40.13 −1.4% VGZ 2.40 +0.8% CAN 0.055 +0.0% NVO 0.055 +0.0% ARIS 19.57 −4.2% IVN 10.59 −0.8% MCI 0.165 +0.0% MTS 0.130 +0.0%
Drill Results Material +

Scottie Reports Broad and High-Grade Gold at the Blueberry Contact Zone 14.4 g/t Gold over 40.75 Metres and 42.5 g/t Gold over 4.40 Metres

High-Grade Intercepts and Robust PEA Economics Position Scottie as a Premier Golden Triangle Developer

By The Northwire Desk — AI Analysis Feb 25, 2026 · 07:31 SCOT · 2.91 Scottie Resources Corp.
Executive Summary

The most recent news release (February 25, 2026) reports the final assay results from the 2025 drilling program at the Blueberry Contact Zone. The results are exceptional, featuring the best gold intercept ever recorded on the property: 30.1 g/t gold over 23.65 metres. Other significant intercepts include 14.4 g/t gold over 40.75 metres and 42.5 g/t gold over 4.40 metres. The 2025 season was the company's largest to date, totaling over 27,300 metres across 126 holes. The data confirms a mineralized corridor exceeding 1,550 metres in strike and 525 metres in depth. Management indicates they are fully financed with over $26M in flow-through funds for an even more ambitious 2026 program.

Material Impact

The impact is Material - Positive. These results are not just routine exploration; they represent a significant increase in the quality and consistency of the mineralization compared to historical data. - Resource Quality: The frequency of high-grade hits (11% of holes hitting >30 g/t gold over 2m) suggests a high probability of a substantial resource upgrade in both category (Inferred to Indicated) and total ounces. - Economic Validation: The results support the recently filed PEA, which already shows a robust after-tax NPV(5%) of $215.8M and a 60.3% IRR at $2,600 gold. The high-grade nature of these new intercepts likely improves these economics further. - Financial Strength: The company has successfully transitioned from a pure explorer to a developer with a proven "dry run" of its Direct Ship Ore (DSO) model, which generated $9M in revenue from a bulk sample in late 2025.

SCOT · Price
Company Overview

Scottie Resources holds a 100% interest in the Scottie Gold Mine Project in BC’s Golden Triangle. The project includes the past-producing Scottie Gold Mine and the adjacent Blueberry Contact Zone. The company is pursuing a Direct Ship Ore (DSO) strategy, which involves crushing and sorting high-grade ore for sale to smelters, bypassing the need for an on-site mill and tailings facility. This significantly reduces initial CAPEX ($128.6M CAD) and shortens the timeline to production.

Read the original news release →

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Jul 23, 2026 · 08:01

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Other Mar 25, 2026 · 16:46

Scottie to apply for mine permit for Scottie project

Regulatory Mar 25, 2026 · 07:31

Scottie Resources clears major regulatory hurdle, bypassing full environmental assessment to fast-track the Golden Triangle’s next high-grade gold producer.

Regulatory