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Gold grades that turn heads: Scottie's latest drilling keeps its BC mine plan on track

Scottie Resources reported another batch of high-grade intercepts from its largest-ever drill campaign in British Columbia's Golden Triangle, with new veins surfacing inside its proposed mine plan.

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Gold grades that turn heads: Scottie's latest drilling keeps its BC mine plan on track
Illustration: BidAsk

Scottie Resources has reported a third batch of results from its 2026 drilling at the Scottie Gold Mine Project in British Columbia, and the headline numbers are the kind that keep a development-stage miner's story moving: several intercepts grading well above 20 grams per tonne, plus a near-surface find not in the existing resource model.

According to the company's announcement, carried by Yahoo Finance, the latest results cover the Blueberry, Fifi and Road vein systems at the Blueberry Contact Zone, at a project 35 kilometres north of Stewart, in the province's Golden Triangle. Scottie controls roughly 58,500 hectares in the Stewart Mining Camp, including the historic Scottie mine and the past-producing Georgia River Mine property.

The standout holes

The strongest Blueberry result came from hole SR26-526: 23.1 grams per tonne over 7.00 metres, including 2.10 metres at 72.9 grams per tonne and a single metre at 138 grams per tonne. The same hole cut a second zone at 23.1 grams per tonne over 6.00 metres. Hole SR26-532 returned 12.4 grams per tonne over 5.75 metres at Blueberry, and 20.6 grams per tonne over 5.60 metres at the Fifi 2 vein — a zone the company says remains open at depth and reaches beyond the stope outlines in its preliminary economic assessment.

Elsewhere, hole SR26-497 hit 57.6 grams per tonne over 2.00 metres at Fifi 2, while hole SR26-503 intersected 83.8 grams per tonne over 1.60 metres in the Road 1 vein. Hole SR26-491's shallow intercept — 17.2 grams per tonne over 3.10 metres starting just 11.20 metres downhole — is interpreted as a new vein inside the proposed open-pit shell, but outside the current resource block model.

Why the campaign matters

The 2026 program is Scottie's largest ever: 61,578 metres across 227 holes. More than 85% of the year's assay results were still pending when this batch was published, with further results expected through the rest of 2026 and into early 2027. The company plans an updated mineral resource estimate and a feasibility study in the first half of 2027, folding in roughly 90,000 additional metres drilled since its initial estimate in spring 2025.

That initial estimate, announced in May 2025, put the inferred resource at 3.6 million tonnes grading 6.1 grams per tonne, containing about 703,000 ounces. It excludes roughly 27,000 metres drilled in 2025 and the more than 60,000 metres completed in 2026.

The project's preliminary assessment sketches a mine producing about 65,400 ounces a year over seven years, with initial capital estimated at $129 million and payback of 1.7 years under a direct-ship ore scenario at $2,600 per ounce gold — or 0.9 years under a toll-milling option using spare capacity at the nearby Premier mill, though no agreement for that option is currently in place. The through-line is continuity: high grades across several veins, at depth, and now in a new near-surface zone inside the planned pit. What the pending assays and the 2027 update do to the deposit's size and grade is still the open question.

Written by the BidAsk Newsroom. Based on reporting from the sources below.

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