Scottie Resources Unveils Strong PEA for Scottie Gold Mine Project

Reuters

2025/10/28

Scottie Resources Unveils Strong PEA for Scottie Gold Mine Project

Scottie Resources Corp. has announced the results of an independent Preliminary Economic Assessment (PEA) for its Scottie Gold Mine project in British Columbia, Canada. The assessment, completed by Tetra Tech Canada, Inc., outlines a robust Direct-Ship Ore (DSO) development scenario with strong projected economics. The base case scenario delivers an after-tax NPV(5%) ranging from $215.8 million to $668.3 million at gold prices of US$2600 per ounce, based on a 900 tonnes-per-day operation over a seven-year mine life. The project involves jaw crushing and XRF-based ore sorting, with upgraded material transported to the Stewart bulk shipping facility for overseas sales under an existing offtake agreement. The company plans further exploration and feasibility work, supported by a $25 million budget for the next 12 months.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Scottie Resources Corp. published the original content used to generate this news brief via Newsfile (Ref. ID: 272131) on October 28, 2025, and is solely responsible for the information contained therein.

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The assessment, completed by Tetra Tech Canada, Inc., outlines a robust Direct-Ship Ore (DSO) development scenario with strong projected economics. The base case scenario delivers an after-tax NPV(5%) ranging from $215.8 million to $668.3 million at gold prices of US$2600 per ounce, based on a 900 tonnes-per-day operation over a seven-year mine life. The project involves jaw crushing and XRF-based ore sorting, with upgraded material transported to the Stewart bulk shipping facility for overseas sales under an existing offtake agreement. The company plans further exploration and feasibility work, supported by a $25 million budget for the next 12 months.\n      </p>\n</div><div xmlns:xsd=\"http://www.w3.org/2001/XMLSchema\" xmlns:xsi=\"http://www.w3.org/2001/XMLSchema-instance\">\n<em>Disclaimer: <span>This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Scottie Resources Corp. published the original content used to generate this news brief via Newsfile (Ref. ID: 272131) on October 28, 2025, and is solely responsible for the information contained therein.</span></em>\n</div></body></html>\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"LU0472753341.HKD","symbol_name":"SUSTAINABLE GLOBAL THEMATIC PORTFOLIO \"A\" (HKD) ACC","start_time":0,"source_url":"https://api.refinitiv.com/data/news/v1/stories/urn:newsml:reuters.com:20251028:nNDL240Kx1:1","article_id":"2578958517","we_media_id":"1032215980","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2578958517","pubTimestamp":1761649540,"columns":[],"sourceInfo":null,"weMediaInfo":{"media_name":"Reuters","introduction":"Reuters.com brings you the latest news from around the world, covering breaking news in markets, business, politics, entertainment and technology","home_visible":1,"id":"1032215980","head_image":"https://community-static.tradeup.com/news/4567337cbdf294b657b1fa87c5488b48"},"summary":"Scottie Resources Corp. has announced the results of an independent Preliminary Economic Assessment  for its Scottie Gold Mine project in British Columbia, Canada. The assessment, completed by Tetra Tech Canada, Inc., outlines a robust Direct-Ship Ore  development scenario with strong projected economics. The base case scenario delivers an after-tax NPV(5%) ranging from $215.8 million to $668.3 million at gold prices of US$2600 per ounce, based on a 900 tonnes-per-day operation over a seven-year mine life. The project involves jaw crushing and XRF-based ore sorting, with upgraded material transported to the Stewart bulk shipping facility for overseas sales under an existing offtake agreement. The company plans further exploration and feasibility work, supported by a $25 million budget for the next 12 months.Disclaimer: This news brief was created by Public Technologies  using generative artificial intelligence. 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The assessment, completed by Tetra Tech Canada, Inc., outlines a robust Direct-Ship Ore (DSO) development scenario with strong projected economics. The base case scenario delivers an after-tax NPV(5%) ranging from $215.8 million to $668.3 million at gold prices of US$2600 per ounce, based on a 900 tonnes-per-day operation over a seven-year mine life. The project involves jaw crushing and XRF-based ore sorting, with upgraded material transported to the Stewart bulk shipping facility for overseas sales under an existing offtake agreement. The company plans further exploration and feasibility work, supported by a $25 million budget for the next 12 months.\n      \n\nDisclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Scottie Resources Corp. published the original content used to generate this news brief via Newsfile (Ref. ID: 272131) on October 28, 2025, and is solely responsible for the information contained therein.","kind":"highlight","is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"1","news_tag":"dataReport","news_rank":0,"symbols":[],"gpt_button":0,"need_auth":true,"code":"91000000","status":"200"}}}