Scottie Resources Advances Direct-Ship Ore Strategy with Phase 2 Ore Sorting Study Success and Feasibility Study Launch

Original announcement by tmx on

Company
Scottie Resources Corp.
Ticker
SCOT
Exchange
TSX
Region
British Columbia
Primary commodity
Gold
Secondary commodities
None reported
Document categories
Metallurgy, Resource update
Extracted
2026-08-22 10:53:29 UTC

Analysis by Minestarters Atlas

Minestarters Atlas analysis

Summary

Scottie Resources has successfully completed its Phase 2 Ore Sorting Study, confirming high gold recoveries of 82% to 92% using X-Ray Transmittance (XRT) technology. Following these results, the company is launching a Feasibility Study to evaluate a high-margin Direct-Ship Ore (DSO) operation at the Scottie Gold Mine Project.

Reasoning: The successful Phase 2 ore sorting study provides high confidence in the Direct-Ship Ore (DSO) strategy, which significantly de-risks the project economics by potentially eliminating the need for a conventional mill.

Positive factors

  • Successful Phase 2 ore sorting study
  • High gold recovery (82-92%) via XRT
  • Launch of Feasibility Study
  • DSO strategy reduces CAPEX and environmental footprint

Negative factors

  • Resource is currently 100% Inferred

Facts used in scoring: 2

Atlas analysis — Scottie Resources Corp.: Scottie Resources Advances Direct-Ship Ore Strategy with Phase 2 Ore Sorting Study Success and Feasibility Study Launch. 92% recovery

Classification and evidence

High Recoverypositive

Recovery at or above the exceptional band for the commodity and processing route.

Why it applies: XRT recovery of 82% to 92% is very strong for ore sorting technology.

Evidence · text

“XRT sorter can recover 82% to 92% of the gold”

All Inferrednegative

100% of resource is Inferred category — very early stage, no engineering confidence.

Why it applies: The reported resource is 100% in the Inferred category.

Evidence · text

“703,000 gold ounces at an average grade of 6.1 g/t (Inferred category)”

QP/CP Signedpositive

Qualified Person (QP) or Competent Person (CP) named and signed off — a member of a recognized professional association (e.g., AusIMM, SME, AIG, P.Geo) with relevant experience.

Why it applies: Dr. Thomas Mumford, P.Geo., a qualified person, has reviewed and approved the technical information.

Evidence · text

“Dr. Thomas Mumford, P.Geo... a qualified person under National Instrument 43-101, has reviewed and approved”

Extracted facts

Stored fact records: 2. Some facts used in scoring do not have a stored record.

Metallurgical Results (2)

X-Ray Transmittance (XRT)goldRecovery: 92 %View all details
Link to this fact

Identity

Commodity
gold
Ticker
SCOT

Test Work

Program Status
detailed
Test Type
X-Ray Transmittance (XRT)
Sample
XRT Phase 2 test on representative bulk sample

Recovery

Recovery
92 %
Recovery Basis
actual_test

Review

Needs Review
No
Historical
No

Dates

Event date
2026-03-18T00:00:00.000Z

Reasoning: The upper bound of 92% recovery via XRT is exceptional for an ore sorting application.

Positive factors

  • High recovery range (82-92%)

Evidence · text

“XRT Phase 2 test... show that the XRT sorter can recover 82% to 92% of the gold”
Fact 2goldView all details
Link to this fact

Identity

Commodity
gold
Ticker
SCOT

Review

Needs Review
No
Historical
No

Dates

Event date
2026-03-18T00:00:00.000Z

Reasoning: While the grade is high, the entire resource is currently in the Inferred category, representing high geological risk.

Positive factors

  • High grade (6.1 g/t Au)

Negative factors

  • 100% Inferred category

Evidence · text

“total of 703,000 gold ounces at an average grade of 6.1 g/t (Inferred category) in 3.6 millon tonnes”

How Atlas produces this analysis

Minestarters Atlas uses automated extraction to summarize mining announcements, identify reported measurements, and classify supporting evidence. Sentiment reflects the extracted narrative and classification rules; it is an interpretation, not a reported measurement. Evidence quotes and context are provided where available. Missing data, low-confidence results, and review flags indicate limitations. Check the original publisher announcement before relying on an interpretation.