What Scottie Resources does

Scottie Resources Corp. is a Canadian gold and silver exploration and development company listed on the TSX Venture Exchange (SCOT), OTCQB (SCTSF), and Frankfurt (SR80), headquartered in Vancouver, British Columbia, with project operations based in Stewart, BC. The company holds approximately 58,500 hectares of mineral claims in British Columbia's Golden Triangle, centered on the past-producing Scottie Gold Mine (95,426 oz produced at 16.2 g/t average grade, 1981-1985) and including the Blueberry Contact Zone (a high-grade discovery with intercepts of 141 g/t gold over 4.55 metres and 14.4 g/t gold over 40.75 metres), the Domino Zone, the Georgia Project, and the Cambria Project. Core technology centers on X-Ray Transmittance (XRT) ore sorting, which Phase 2 Ore Sorting Study results show can recover 82-92% of gold while accepting 50-65% of mass as sorter product.

The company's go-to-market centers on a Direct-Ship Ore (DSO) strategy that uses XRT sorting to produce a gold-bearing concentrate shipped to Asian smelters, eliminating the need for a conventional gold processing plant and reducing capital intensity. The DSO approach is supported by an 8-year offtake agreement with Ocean Partners UK Limited covering 100% of production for the first eight years, a USD$25 million construction loan, and a $6 million equity investment from Ocean Partners. Capital is raised through brokered and non-brokered private placements of flow-through and non-flow-through shares on the TSX Venture Exchange, supplemented by a 2.0% gross production royalty sold to Franco-Nevada Corporation for C$8.1 million. The company filed a Preliminary Economic Assessment in 2025 showing after-tax NPV of C$215.8M and 60.3% IRR at US$2,600/oz gold, with a Feasibility Study targeting Q2 2027 completion by Tetra Tech.

Scottie's customers split between two groups: capital providers (institutional and strategic investors including Eric Sprott, Ocean Partners, and Franco-Nevada) who fund exploration and development, and a single planned offtake counterparty (Ocean Partners, shipping to Asian smelters) who will purchase future gold concentrate production. The company has 1-10 employees, indicating a lean management structure that outsources drilling and engineering to contractors. Leadership includes President & CEO Dr. Thomas Mumford (2025 AME H.H. "Spud" Huestis Award recipient), Executive Chair Brad Rourke, CFO Chris Noon, and directors Ernest Mast, John Williamson, Ed Kruchkowski, and Brent Omland, with strategic advisors Lon Shaver (CFA, 25 years capital markets), Jason Weber (P.Geo.), and Ernest Mast.

Name

Scottie Resources

Legal name

Scottie Resources Corp.

Website

https://scottieresources.com

Company type

Public

Founded year

2017

Operating status

Operating

Headcount range

1–10 employees

Short description

Scottie Resources Corp. is a Vancouver-based gold and silver exploration company developing the past-producing Scottie Gold Mine Project and a 58,500-hectare land position in British Columbia's Golden Triangle, advancing a Direct-Ship Ore strategy using XRT ore sorting for a Feasibility Study targeted Q2 2027.

Ownership category

akta.pro rank

Product category

Gold and Silver Mineral Exploration

NAICS

Gold Ore and Silver Ore Mining (212220)

SIC

Gold And Silver Ores (1040)

akta.pro primary industry

Precious Metals Exploration & Project Development (IMAKAEAI)

akta.pro secondary industry

Gold Mining (IMAKAEAA)

Keywords

• Gold exploration
• Mineral property development
• Direct-ship ore processing
• Diamond drilling services
• Silver mining assets

Headquarters

HQ city

Vancouver

HQ country

Canada

HQ region

North America

Offices2 records

Markets served

GTM type

B2B

Offering type

Services

Cost components

Operations, Personnel, Technology or R&D, Others

Revenue model

1. Direct-Ship Ore (DSO) Production: The company is advancing a Direct-Ship Ore strategy designed to eliminate the need for a conventional gold processing plant. Gold-bearing concentrate will be shipped to Asian smelters, with an 8-year commercial offtake agreement with Ocean Partners UK Limited securing 100% of production for the first eight years.
2. Gross Production Royalty: The company sold a 2.0% gross production royalty to Franco-Nevada Corporation for C$8.1 million, generating immediate capital for exploration activities while retaining production upside.

Go-to-market motion1 record

Distribution channels2 records

Marketing channels4 records

Core offering

Scottie Resources Corp. acquires, explores, and develops gold and silver mineral properties in British Columbia's Golden Triangle, with a primary focus on the past-producing Scottie Gold Mine and the Blueberry Contact Zone discovery. The company plans to produce and sell high-grade gold-bearing concentrate via a Direct-Ship Ore strategy using X-Ray Transmittance ore sorting technology, with 100% of production under an 8-year offtake agreement with Ocean Partners UK Limited. Currently pre-revenue, the company funds exploration through flow-through share private placements, royalty arrangements, and a strategic partnership with Ocean Partners.

Product overview

Scottie Resources Corp. is a Canadian gold and silver exploration company developing multiple mineral properties in British Columbia's Golden Triangle. The company operates a portfolio of exploration projects centered on the past-producing Scottie Gold Mine, with primary assets including the Blueberry Contact Zone (emerging cornerstone discovery), Domino Zone, Georgia Project, and Cambria Project. The company's development strategy centers on a Direct-Ship Ore (DSO) approach using ore sorting technology, with a Feasibility Study targeted for Q2 2027 and a planned 2026 exploration drill program of 50,000 metres.

Differentiator

Problem solved

Functional benefit

Products and services

• Scottie Gold Mine Project Flagship mineral exploration and development project featuring the past-producing Scottie Gold Mine located 32 km north of Stewart, BC, which operated from 1981-1985 producing 95,426 oz gold at 16.2 g/t average grade. The project includes multiple mineralized zones (M, N, O, P-Zones) and is surrounded by 8,534 hectares of exploration claims.
• Blueberry Contact Zone High-grade gold discovery located 2 km northeast of the Scottie Gold Mine, recognized as a cornerstone growth asset with over 720 metres of strike length and mineralization open at depth. Drilling has returned exceptional intercepts including 141 g/t gold over 4.55 metres.
• Domino Zone Exploration target located 2 km west of the Scottie Gold Mine, discovered through glacial retreat exposing massive sulphide lenses. Surface sampling returned grab samples grading up to 536 g/t gold and 129 g/t silver, with a mineralized system spanning approximately 900 x 450 metres.
• Georgia Project 17,625-hectare high-grade gold project centered on the past-producing Georgia River Mine, located on tidewater 16 km south of Stewart, BC. The historic mine produced ore grading 22.6 g/t gold with 1.2 km of underground access on three levels.
• Cambria Project 31,736-hectare project located near Stewart, BC, consisting of 140 mineral claims. Features high-grade Ag-Zn-Pb +/- Au-Cu polymetallic veins with 83 MINFILE mineral occurrences, including five small historic past producers.
• Direct-Ship Ore (DSO) Production Operation A planned processing and shipping operation that uses X-Ray Transmittance (XRT) ore sorting technology to recover 82-92% of gold while accepting only 50-65% of mass as sorter product, eliminating the need for a conventional gold processing plant by shipping gold-bearing concentrate to Asian smelters under an 8-year offtake agreement with Ocean Partners UK Limited.

Quantifiable outcome

• 82% to 92% gold recovery using X-Ray Transmittance ore sorting technology
• +3 more outcomes

Named customers2 records

Segments2 records

Ideal customer profiles3 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature1 record

Partnerships

Four partnerships are on record, tiered core, major and minor.

• Nisg̲a'a NationcoreStrategic or Co-development Partner · 12 May 2026Capacity Funding Agreement entered into, commencing path towards negotiations for an Impact Benefit Agreement for the Scottie Gold Mine Project. Indigenous partnership essential for project permitting and development.
• Tetra Tech Inc.majorImplementation/ SI/ Consulting Partner · 18 March 2026Selected as lead consultant for Feasibility Study on 100%-owned Scottie Gold Mine Project, targeting completion Q2 2027. Technical and engineering expertise for DSO operation study.
• Cormark Securities Inc.majorChannel Partner/ Reseller/ Distributor · 7 February 2023Broker for $6.5 million private placement financing involving flow-through and common shares. Securities distribution for TSX Venture Exchange listed company.
• Decade Resources Ltd.minorStrategic or Co-development Partner · 12 December 2018Option agreement to acquire 100% interest in 471.92 hectare Bow property located contiguous to Scottie Gold property. Bow property subject to 3% net smelter return royalty. Terms included $1,000,000 in cash payments over 24 months.

Scale indicators8 records

Recent moves6 records

Expansion highlights7 records

Direct peers

• First Mining Gold: Developer of the Springpole gold project in Ontario with Canadian-domiciled gold assets. Comparable Canadian gold developer profile, with similar reliance on flow-through financing, staged de-risking milestones, and market cap range.
• Tudor Gold: Explorer-developer of the Treaty Creek gold project in BC's Golden Triangle, adjacent to Scottie's claims. Same jurisdiction, same commodity, and similar early-stage development pathway makes it one of the most direct comparables for resource delineation and permitting.
• Sabre Gold Mines: Junior gold producer-developer with copper-gold assets undergoing restart/reactivation. Comparable size and developer stage profile with similar reactivation of past-producing assets and reliance on production financing and offtake structures.
• Dolly Varden Silver: Silver-focused explorer-developer with projects in BC's Golden Triangle (Kitsault Valley). Comparable jurisdiction and similar junior developer financing/permittng profile with silver exposure that complements Scottie's secondary silver stream.
• Seabridge Gold: Developer of the KSM copper-gold project in BC's Golden Triangle. Operates in the same jurisdiction and commodity profile and is at a more advanced stage of feasibility, serving as a peer benchmark for permitting and project financing in the same mining camp.
• Skeena Resources: Acquired by Newcrest/Newmont, Skeena developed the past-producing Eskay Creek gold-silver project in BC's Golden Triangle — the closest direct comparison to Scottie in terms of jurisdiction, commodity, brownfield past-producer profile, and high-grade underground targets.
• Ascot Resources: Developer advancing the past-producing Premier Gold Mine in northwestern BC's Golden Triangle region. Same commodity, jurisdiction, and brownfield reactivation strategy; useful peer for development-stage permitting, construction, and offtake analog.

Emerging players

• Endurance Gold: Junior gold explorer advancing the Reliance Gold Project in BC, with additional targets in the Cariboo region. Smaller-scale emerging player with overlapping BC geological setting and gold-focused exploration strategy, comparable in stage but smaller in scope.
• Vizsla Silver: Junior silver-gold developer with Panuco project in Mexico. Comparable precious-metals junior profile with parallel high-grade drilling campaigns and developer-stage financing strategy; useful adjacent peer for silver/gold development economics.

Broad incumbents

• New Gold: Mid-tier gold producer operating New Afton in BC. Provides a regional incumbent benchmark for BC operating costs, royalties, and Indigenous engagement; offers a comparison of where Scottie could trade at production-stage versus its current developer profile.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat4 records

Key risks7 records

Key highlights7 records

Customer concentration

• Xx.com/ScottieCorp
• Facebookfacebook.com/ScottieResources
• LinkedInlinkedin.com/company/scottie-resources-corp

Revenue estimate

Valuation estimate

Number of profiles

Profiles10 records

Funding overview

Funding rounds11 records

Investors2 records

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Scottie Resources