Scottie Resources Advances Direct-Ship Gold Strategy With Feasibility Study and Ore Sorting Milestone

Scottie Resources Corp ( (TSE:SCOT) ) has shared an announcement.

Scottie Resources has engaged engineering firm Tetra Tech to lead a full Feasibility Study on its Scottie Gold Mine Project, aiming to finalize plans by the second quarter of 2027 for a direct-ship ore operation supplying gold-rich concentrate to Asian smelters. The mine plan, aligned with a prior economic assessment, calls for initial shallow open-pit production from the Blueberry Zone followed by underground mining at Blueberry and the historic Scottie Gold Mine, with no on-site processing plant or tailings facility to lower upfront capital and environmental impact.

Results from a Phase 2 ore sorting program confirmed and refined earlier test work, showing that X-Ray Transmittance technology can recover roughly 82% to 92% of contained gold while accepting 50% to 65% of the mass as product. Scottie has now selected XRT as the preferred sorting method for the Feasibility Study, supported by bulk-scale testing with industry supplier TOMRA and logistics coordination with the Stewart Bulk Terminal to handle a -75 mm concentrate, strengthening confidence in the technical and commercial viability of its direct-ship strategy.

The most recent analyst rating on (TSE:SCOT) stock is a Hold with a C$3.00 price target. To see the full list of analyst forecasts on Scottie Resources Corp stock, see the TSE:SCOT Stock Forecast page.

Spark’s Take on SCOT Stock

According to Spark, TipRanks’ AI Analyst, SCOT is a Neutral.

The score is held down primarily by weak financial performance (no revenue, ongoing losses, and persistent cash burn), despite a clean, debt-free balance sheet. Technicals are a key positive with a strong trend above major moving averages and positive momentum. Valuation is constrained by negative earnings (negative P/E) and no dividend support.

To see Spark’s full report on SCOT stock, click here.

More about Scottie Resources Corp

Scottie Resources Corp is a Canadian mineral exploration and development company focused on advancing its 100%-owned Scottie Gold Mine Project in British Columbia. The company is targeting a high-margin direct-ship ore model that produces gold-bearing concentrate for export to Asian smelters, emphasizing lower capital intensity and a reduced environmental footprint compared with conventional gold processing operations.

Average Trading Volume: 174,732

Technical Sentiment Signal: Buy

Current Market Cap: C$173.1M

See more data about SCOT stock on TipRanks’ Stock Analysis page.