Scottie Resources Reports Bulk Sample Permit Approved: Unlocks Key Milestone for Project Advancement

Core Viewpoint - Scottie Resources Corp. has received the necessary permits for a 10,000-tonne surface bulk sampling program at its Scottie Gold Mine Project, marking a significant milestone for project advancement [1][3]. Bulk Sample Highlights - The bulk sample will be taken from the Bend Vein, expected to yield 3,000 to 4,000 tonnes of mineralized rock [7]. - The sample is intended for exploration purposes and will not be considered a production decision [1][4]. Next Steps - The company has secured a mine contractor and commenced moving equipment to the site, with blasting and excavation planned for August and sample transportation scheduled for September [4]. - The sample will undergo processing, testing, and analysis at third-party facilities, with updates on technical data to be provided as available [4]. Economic Potential Clarification - No economic analysis has been completed, and no mineral reserves have been defined for the Scottie Gold Mine Project, making any potential revenue from sample processing speculative [5][11]. Company Overview - Scottie Resources holds a 100% interest in the Scottie Gold Mine Property, which includes the historic Scottie Gold Mine and the Blueberry Contact Zone, covering approximately 58,500 hectares in British Columbia's Golden Triangle [9][10]. - The current resource estimate includes 703,000 gold ounces at an average grade of 6.1 g/t, indicating potential for significant near-surface deposits [10]. Direct Shipping Ore (DSO) Scenario - The company is evaluating a potential DSO scenario, which aims to collect geotechnical and metallurgical data while exploring low-capex paths to near-term revenue through toll milling or third-party processing [11].