Scottie Resources (TSX-V:SCOT) is focusing on demonstrating the growth potential of the P-Zone within the Scottie Gold Mine in Canada, after receiving new assay results from a 2025 drilling campaign.
The campaign, which focused on expanding the resource and increasing geological confidence in the known zones, highlighted the strength of the system and the opportunity to add ounces to the existing resource.
Some of the results include 22.35m @ 8.28 grams per tonne gold, including 7.55m @ 20.2g/t gold; and 3m @ 7.76g/t gold.
Additional follow-up drilling was conducted on the Wolf Zone, with results to be released in due course.
The Scottie Gold Mine targets are open in multiple directions.
Scottie Resources recently completed a Preliminary Economic Assessment, which evaluated a low-capital direct shipping ore operation to deliver a gold-rich gravel product to Asian copper and precious metals smelters.
As previously reported, the assessment outlines a robust DSO development scenario for Scottie, delivering a post-tax net present value ranging from C$215.8 million ($234.82 million) to C$668.3 million at gold prices of US$2,600 to US$4,200 per ounce, respectively.
Over a seven-year mine life, the Scottie Mine is forecast to produce 65,400 ounces of gold.
The DSO project is planned to begin with open pit mining at the Blueberry Contact Zone, followed by underground mining at the area, and subsequently at the Scottie Gold Mine.
The Scottie Gold Mine Project consists of 20 mineral claims and 14 Crown granted claims for a total area of 8,534 hectares.
Write to Aaliyah Rogan at Mining.com.au
Images: Scottie Resources
