Korelin Economics Report

Scottie Resources – European Conferences, 2025 AME Award for Thomas Mumford, Recent Exploration Results, Bulk Sample Progress, Capital Raise, and FS Derisking Work

 

 

Brad Rourke, CEO and Director of Scottie Resources (TSX.V:SCOT – OTCQB:SCTSF), joins me to share his key takeaways after just marketing at 3 European conferences, the 2025 AME award just announced for Thomas Mumford, President of Scottie Resources, and a review of recent Company news.  We get into recent exploration results, an update on the bulk sample progress, details of the recent capital raise, and a review of all the feasibility-level workstreams underway at the Scottie Gold Mine Project; located in the Golden Triangle of British Columbia.

 

After attending the New Orleans Investment Conference earlier this month, Brad marketed at conferences in Zurich, Frankfurt, and London, and came away quite encouraged. Overall, there appears to be a shift taking place at a number of these conferences with regards to the quality and sincerity of engagement from retail and institutional attendees.

 

Scottie Resource was notified last week that company President, Thomas Mumford, will be the recipient of one of the AME Awards, to be presented on January 28, 2026 at the Vancouver Convention Centre West. Thomas Mumford is the recipient of the 2025 AME H.H. “Spud” Huestis Award for excellence in prospecting and mineral exploration in B.C. and/or Yukon for his leadership in the discovery of Scottie Resources’ Blueberry Contact Zone in Northwest B.C.   Brad highlights how proud their team is of Thomas, and believe this illustrates the quality and sector significance of the growing deposit at the Blueberry Contact Zone.

 

Next we discussed some recent drill results, including 8.28 g/t Gold over 22.35 m at P-Zone at Scottie Gold Mine Project.   This is a newer area of mineralized discovery, but Brad outlines that the majority of the 27,000 meters drilled in the 2025 exploration program were infill holes with the purpose of tightening the spacing between prior holes drilled, and upgrading categories from inferred to measured and indicated.   This is important as the company moves towards a Feasibility Study, and Brad highlights other permitting and engineering workstreams building towards that next economic report.

 

We then touched on the completed10,000-tonne surface bulk sample program where that mineralized material was sourced from the outcropping Bend Vein located on the north end of the Scottie Gold Mine Project. The crushing and transportation of this material has been completed moving many truckloads of material down the Granduc road to the Stewart bulk shipping facility without any concerns or challenges. The ship has been ordered to take this material to China in early December over to their offtake party, Ocean Partners. This bulk sample will be quite a valuable proof-of-concept on the Project, informing the company and investors on average grade, recovery amounts, as well as bringing in non-dilutive capital.

 

Wrapping up we discussed the news releases November 17th, which announced a non-brokered financing of up to 10,981,308 charitable flow-through shares of the Company at a price of $2.14 per Charity FT Share for gross proceeds of up to $23.5 Million. When this is combined with the roughly $10million in funds on the company treasury, and the upcoming payment on the bulk sample material, the company is more than cashed up for the upcoming work initiatives for next year. *

 

 

If you have any questions for Brad regarding Scottie Resources, then please email them in to me at Shad@kereport.com.

 

 

 

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Investment disclaimer:

This content is for informational and educational purposes only and does not constitute investment advice, an offer, or a solicitation to buy or sell any security. Investing in equities and commodities involves risk, including the possible loss of principal. Do your own research and consult a licensed financial advisor before making any investment decisions. Guests and hosts may own shares in companies mentioned.

 

 

 

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