Scottie Resources Unveils Strong PEA for Scottie Gold Mine Project
Reuters
Oct 28
Scottie Resources Unveils Strong PEA for Scottie Gold Mine Project
Scottie Resources Corp. has announced the results of an independent Preliminary Economic Assessment (PEA) for its Scottie Gold Mine project in British Columbia, Canada. The assessment, completed by Tetra Tech Canada, Inc., outlines a robust Direct-Ship Ore (DSO) development scenario with strong projected economics. The base case scenario delivers an after-tax NPV(5%) ranging from $215.8 million to $668.3 million at gold prices of US$2600 per ounce, based on a 900 tonnes-per-day operation over a seven-year mine life. The project involves jaw crushing and XRF-based ore sorting, with upgraded material transported to the Stewart bulk shipping facility for overseas sales under an existing offtake agreement. The company plans further exploration and feasibility work, supported by a $25 million budget for the next 12 months.
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