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Scottie Resources Corp ( (TSE:SCOT) ) has issued an announcement.
Scottie Resources reported new high-grade gold assay results from its 2025 drilling campaign at the Blueberry Contact Zone within the Scottie Gold Mine Project, including a standout intercept of 6.41 g/t gold over 14.0 metres in the Fifi vein and several other strong hits across multiple sub-zones. The results support the company’s strategy to expand its resource base, upgrade existing resources from inferred to indicated, and underpin the mine plan outlined in its recent economic study, with management emphasizing that the high-grade open-pit component could potentially fund both mine construction and underground development, reinforcing the project’s attractiveness and growth potential for stakeholders.
The most recent analyst rating on (TSE:SCOT) stock is a Hold with a C$1.50 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 TSE:SCOT Stock
According to Spark, TipRanks’ AI Analyst, TSE:SCOT is a Neutral.
The score is held down primarily by weak financial performance (no revenue, ongoing losses, and negative cash flow) and soft technical momentum. Offsetting these are strong recent corporate developments (PEA, drill results, financing, and bulk sample sale) and a debt-free balance sheet, but valuation remains challenged given continued losses and no dividend support.
To see Spark’s full report on TSE:SCOT stock, click here.
More about Scottie Resources Corp
Scottie Resources Corp. is a Canadian junior gold exploration and development company focused on the Scottie Gold Mine Project in British Columbia’s Golden Triangle. The road-accessible project includes the 100%-owned, past-producing Scottie Gold Mine and the adjacent Blueberry Contact Zone, where recent work and a newly released Preliminary Economic Assessment outline an open-pit operation transitioning to underground mining targeting high-grade gold mineralization.
Average Trading Volume: 90,080
Technical Sentiment Signal: Buy
Current Market Cap: C$124.6M
For a thorough assessment of SCOT stock, go to TipRanks’ Stock Analysis page.