Scottie targets updated resource estimate at B.C. gold project - Resource World Magazine
AI desk brief
Scottie Resources reported additional high-grade gold intercepts from its 2026 drilling at the Blueberry Contact Zone in B.C., including 23.1 g/t Au over 7.0m at Blueberry 3 and 12.4 g/t Au over 5.75m at Blueberry 3, reinforcing continuity across Blueberry, Fifi and Road vein systems. The company has now drilled 61,578m across 227 holes in its largest-ever program, with assays to continue through 2026 and early 2027.
An updated mineral resource estimate and feasibility study are targeted for the first half of 2027, with the new MRE expected to incorporate an additional 90,000m of drilling versus the Spring 2025 estimate. Current resources stand at 703,000 ounces at 6.1 g/t inferred, while the PEA outlines $128.6m initial capex, 65,400 oz/yr average output over seven years and 1.7-year payback. Shares rose 2.12% to $2.41 on the news.
Sources used
- S1 Resource World Magazine via Google News — Scottie targets updated resource estimate at B.C. gold project - Resource World Magazine