# Scottie Resources Completes over 10,000 M of Drilling on Its Scottie Gold Mine Project Canonical Atlas analysis: https://atlas-extractions.minestarters.com/news/scottie-resources-completes-over-10-000-m-of-drilling-on-its-scottie-gold-mine-p--570f2f75-a8a8-4159-b79b-756daf4c3bd4 Original source: https://money.tmx.com/en/quote/SCOT/news/6006198820983123/scottie-resources-completes-over-10-000-m-of-drilling-on-its-scottie-gold-mine-p Publisher: tmx Original announcement: 2026-07-23T12:00:00.000Z Analysis by Minestarters Atlas Atlas analysis published: Unknown date Atlas analysis updated: Unknown date - Company: Scottie Resources Corp. - Ticker: SCOT - Exchange: TSX - Region: British Columbia - Primary commodity: Gold - Secondary commodities: None reported - Document categories: Resource update, Drill results, Other - Extracted: 2026-09-14 22:32:06 UTC Narrative sentiment: 0.40 · Bullish ## Minestarters Atlas summary Scottie Resources has completed over 10,000 m of drilling across 47 holes as part of its 50,000 m exploration program at the Scottie Gold Mine Project. While assay results are currently pending, the company highlighted its existing high-grade Inferred resource of 703,000 oz gold and robust PEA economics. Reasoning: The company has completed a significant portion of a large drill program, but no new assay results were provided in this specific release; the value lies in the progress of the program and the strength of the existing resource/PEA. - Positive factor: Large scale drilling program \(50,000 m\) underway - Positive factor: High-grade resource base \(6.1 g/t Au\) - Positive factor: Strong PEA economics \(NPV up to $831.7M\) - Positive factor: Strategic location in Golden Triangle - Negative factor: Assays for the 47 completed holes are still pending - Negative factor: Current resource is entirely Inferred Facts used in scoring: 1 ## Classification and evidence **Inferred Resource** Polarity: negative Story-specific tag Definition: Speculative category — limited drilling, geological continuity assumed but not confirmed. Cannot support economic studies alone. Why it applies: The reported resource is entirely in the Inferred category. Evidence · text > 703,000 gold ounces at an average grade of 6.1 g/t \(Inferred category\) **Maiden Resource** Polarity: neutral Story-specific tag Definition: First formal MRE for the project — establishes baseline but typically exploration-stage with high Inferred component. No prior estimate exists, so every change band is not applicable. Why it applies: The document mentions a recently completed PEA, implying the resource is in early stages. Evidence · text > The Company has recently completed a PEA for the Scottie Gold Mine. ## Extracted facts Stored fact records: 1. Some facts used in scoring do not have a stored record. ## Resource Estimates (1) ### inferred [Link to this fact](https://atlas-extractions.minestarters.com/news/scottie-resources-completes-over-10-000-m-of-drilling-on-its-scottie-gold-mine-p--570f2f75-a8a8-4159-b79b-756daf4c3bd4#fact-resource-facts-0) Scottie Gold Mine Project · gold #### Identity - Project: Scottie Gold Mine Project - Commodity: gold - Region: canada\_bc - Reported Region: British Columbia - Ticker: SCOT #### Resource scope - Estimate type: resource - Reporting standards: ni\_43\_101 - Resource group id: resource:d3fa9b62a9077a574815 #### Resource Data - Category: inferred - Tonnes: 3600000 - Grade: 6.1 - Grade Unit: g/t - Contained Metal: 703000 - Contained Unit: oz #### Review - Needs Review: No - Historical: No #### Dates - Event date: 2026-07-23T00:00:00.000Z Reasoning: The resource is high-grade but lacks geological confidence as it is entirely in the Inferred category. - Positive factor: High grade \(6.1 g/t\) - Positive factor: Significant contained ounces - Negative factor: Entirely Inferred category Evidence · text > 703,000 gold ounces at an average grade of 6.1 g/t \(Inferred category\) in 3.6 million tonnes #### Tags used in scoring **Inferred Resource** Polarity: negative Definition: Speculative category — limited drilling, geological continuity assumed but not confirmed. Cannot support economic studies alone. Why it applies: category is "inferred" **Cut-off Undisclosed** Polarity: negative Definition: High-grade interval reported without stating the cut-off grade used for compositing. Why it applies: no cutoff\_grade was stated **NI 43-101 Compliant** Polarity: positive Definition: Resource estimate prepared in compliance with NI 43-101 \(Canada\) — high reporting standard. Why it applies: reporting\_standards includes ni\_43\_101 **PEA-Supporting** Polarity: neutral Definition: Resource estimate prepared to support a Preliminary Economic Assessment — early-stage study. Why it applies: the release names the study this estimate supports **DFS-Supporting** Polarity: neutral Definition: Resource estimate prepared to support a Definitive Feasibility Study — requires high M&I confidence. Why it applies: the release names the study this estimate supports ## 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.