# Scottie Resources Files PEA for Scottie Gold Mine Project

Canonical Atlas analysis: https://atlas-extractions.minestarters.com/news/scottie-resources-files-pea-for-scottie-gold-mine-project--d9318d19-79dd-4b30-b765-5716c037cbf8

Original source: https://money.tmx.com/en/quote/SCOT/news/6277999282810308/scottie-resources-files-pea-for-scottie-gold-mine-project

Publisher: tmx

Original announcement: 2025-12-08T17:31:00.000Z

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, Other

- Extracted: 2026-09-14 23:04:03 UTC

Narrative sentiment: 0.60 · Bullish

## Minestarters Atlas summary

Scottie Resources has filed a Preliminary Economic Assessment \(PEA\) for the Scottie Gold Mine Project in British Columbia. The PEA reports a base case after-tax NPV\(5%\) of $215.8M at US$2,600/oz gold, based on an inferred resource of 703,000 ounces at 6.1 g/t gold.

Reasoning: The filing of a PEA for a high-grade gold project with strong NPV and short payback is a major project milestone, though the resource remains entirely in the Inferred category.

- Positive factor: Strong economics with $215.8M NPV\(5%\) at US$2,600/oz gold

- Positive factor: Short payback period of 1.7 years in DSO scenario

- Positive factor: High-grade resource profile \(6.1 g/t gold\)

- Positive factor: Optionality through toll-milling scenario

- Negative factor: Resource is 100% Inferred category, which is speculative

- Negative factor: PEA is a preliminary study and does not guarantee economic realization

Facts used in scoring: 1

## Classification and evidence

**All Inferred**

Polarity: negative

Definition: M&amp;I share below the weak bound — very early stage, no engineering confidence.

Why it applies: The resource estimate is stated to be entirely in the Inferred category.

Evidence · text

> 703,000 gold ounces at an average grade of 6.1 g/t \(Inferred category\)

**NI 43-101 Compliant**

Polarity: positive

Definition: Resource estimate prepared in compliance with NI 43-101 \(Canada\) — high reporting standard.

Why it applies: The PEA was prepared in accordance with NI 43-101 standards.

Evidence · text

> prepared by Tetra Tech... in accordance with National Instrument 43-101

**Maiden Resource**

Polarity: neutral

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 PEA establishes the economic baseline for the project.

Evidence · text

> Scottie Resources Files PEA for Scottie Gold Mine Project

## 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-files-pea-for-scottie-gold-mine-project--d9318d19-79dd-4b30-b765-5716c037cbf8#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
- Effective date: 2025-10-28T00:00:00.000Z
- Reporting standards: ni\_43\_101
- Qualified person names: Hassan Ghaffari, Jianhui \(John\) Huang, Damian Gregory, Sue Bird, Thomas Mumford
- Resource group id: resource:4d18dd8d2de93765af44
- Deposit or zone: Scottie Gold Mine Project
- Mining method: underground

#### Resource Data

- Category: inferred
- Grade: 6.1
- Grade Unit: g/t
- Contained Metal: 703000
- Contained Unit: oz

#### Prior Estimate

- Resource Date: 2025-10-28

#### Review

- Needs Review: No
- Historical: No

#### Dates

- Event date: 2025-12-08T00:00:00.000Z

Reasoning: The resource is high-grade but carries the highest geological uncertainty as it is entirely Inferred.

- Positive factor: High grade of 6.1 g/t

- Negative factor: Entirely Inferred category

Evidence · text

> total of 703,000 gold ounces at an average grade of 6.1 g/t \(Inferred category\)

#### 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&amp;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.
