Scottie Resources Files PEA for Scottie Gold Mine Project
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
- Resource update, Other
- Extracted
- 2026-08-22 11:08:30 UTC
Analysis by Minestarters Atlas
Minestarters Atlas analysis
Summary
Scottie Resources has filed a Preliminary Economic Assessment (PEA) for the Scottie Gold Mine Project in British Columbia. The PEA reports an after-tax NPV(5) of $215.8M at US$2,600/oz gold and highlights a high-grade inferred resource of 703,000 oz gold at 6.1 g/t.
Reasoning: The filing of a PEA with a robust NPV and high-grade resource is a major project milestone, though the lack of Indicated/Measured resources limits economic certainty.
Positive factors
- Strong NPV at current gold prices
- Short payback period
- High-grade resource (6.1 g/t)
- PEA completed by independent firm
Negative factors
- Resource is 100% Inferred
- PEA is preliminary and includes speculative inferred resources
Facts used in scoring: 1
Classification and evidence
All Inferrednegative
100% of resource is Inferred category — very early stage, no engineering confidence.
Why it applies: The resource estimate is stated to be entirely in the Inferred category.
Evidence · text
“703,000 gold ounces at an average grade of 6.1 g/t (Inferred category)”
PEA-Supportingneutral
Resource estimate prepared to support a Preliminary Economic Assessment — early-stage study.
Why it applies: The announcement is the formal filing of a Preliminary Economic Assessment.
Evidence · text
“has filed on SEDAR+ the Preliminary Economic Assessment ("PEA")”
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: Multiple independent Qualified Persons from Tetra Tech, Snowden Optiro, and Moose Mountain Technical Services are named.
Evidence · text
“The Independent Qualified Persons... are Hassan Ghaffari... Jianhui (John) Huang... Damian Gregory... and Sue Bird”
Extracted facts
Stored fact records: 1. Some facts used in scoring do not have a stored record.
Resource Estimates (1)
inferredgoldGrade: 6.1Grade Unit: g/tContained Metal: 703000Contained Unit: ozView all detailsHide details
Identity
- Commodity
- gold
- Ticker
- SCOT
Resource Data
- Category
- inferred
- Grade
- 6.1
- Grade Unit
- g/t
- Contained Metal
- 703000
- Contained Unit
- oz
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2025-12-08T00:00:00.000Z
Reasoning: The resource is high-grade but carries the highest geological uncertainty as it is entirely Inferred.
Positive factors
- High grade of 6.1 g/t
Negative factors
- 100% Inferred category
Evidence · text
“total of 703,000 gold ounces at an average grade of 6.1 g/t (Inferred category)”
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.