Direct Shipping Ore (DSO)
Search documents
tango ORE(CTGO) - 2025 Q3 - Earnings Call Presentation
2025-11-14 16:30
NYSE-A:CTGO CORPORATE PRESENTATION Investors are cautioned that while the S-K 1300 definitions are "substantially similar" to the NI 43-101 definitions, there are differences between the two. Accordingly, there is no assurance any mineral reserve or mineral resource estimates that Peak Gold may report as "probable mineral reserves", "measured mineral resources", "indicated mineral resources" and "inferred mineral resources" under NI 43-101 would be the same had CORE prepared the mineral reserve or mineral r ...
Scottie Resources Intercepts 8.37 g/t Gold over 8.45 m and 122 g/t Gold over 1.2 m at Blueberry Contact Zone at Scottie Gold Mine Project, BC
Newsfile· 2025-10-09 11:30
Core Insights - Scottie Resources Corp. reported significant gold assay results from the Blueberry Contact Zone at the Scottie Gold Mine Project, with notable intercepts including 8.37 g/t gold over 8.45 m and 122 g/t gold over 1.2 m [1][5][20] - The ongoing drilling program is expected to exceed 25,000 m this season, marking the largest drilling effort to date for the company [2][20] - The company is also progressing with a bulk sample, which has been mined, crushed, and transported, awaiting final assays for marketing [5][16] Drilling Results - Drillhole SR25-374 intersected 8.37 g/t gold over 8.45 m, including a high-grade interval of 53.1 g/t gold over 1.0 m [5][8] - Drillhole SR25-377 reported an impressive 122.0 g/t gold over 1.2 m [5][9] - Additional results from drillhole SR25-373 included 5.64 g/t gold over 5.00 m and 8.16 g/t gold over 4.10 m [5][8] Project Overview - The Scottie Gold Mine Project is located 35 km north of Stewart, BC, and includes the past-producing Scottie Gold Mine and the Blueberry Contact Zone [1][17] - The project has shown exceptional drill results over the past six years, with high-grade gold discoveries in multiple zones [17][24] - The company is targeting a Preliminary Economic Assessment (PEA) in Q4 2025 to explore a high-margin Direct Shipping Ore (DSO) operation [20][25] Resource Estimates - The current inferred mineral resource estimate for the Scottie Gold Mine Project stands at 703,000 ounces of gold at an average grade of 6.1 g/t [20][24] - The company aims to expand this resource and define additional mineralization through systematic drilling and surface exploration [24][25]
Scottie Resources Intercepts 7.43 g/t Gold over 18.75 M and 37 g/t Gold over 2.85 M at Blueberry Contact Zone at Scottie Gold Mine Project, BC
Newsfile· 2025-09-25 11:30
Core Insights - Scottie Resources Corp. has reported strong drilling results from the Blueberry Contact Zone at the Scottie Gold Mine Project, including intercepts of 7.43 g/t gold over 18.75 metres and 37 g/t gold over 2.85 metres [2][4][6] - The ongoing fully funded 25,000-metre drill program has less than 15% of assays reported to date, with additional results expected throughout the year [2][4] - Bulk sample activities are progressing on schedule, with plans for processing at a third-party facility in mid-October [2][4][16] Drilling Results - Drillhole SR25-370 intersected 7.43 g/t gold over 18.75 metres, including 30.0 g/t gold over 3.3 metres at the Lemoffe vein zone [6][9] - Drillhole SR25-369 intersected 37.0 g/t gold over 2.85 metres at the Blueberry vein zone [6][9] - Additional notable results include 9.99 g/t gold over 4.00 metres and 61.9 g/t gold over 1.00 metre at the Fifi vein zone [6][9] Bulk Sample Activities - Mucking from the final blast has been completed, and waste backfilling is underway [2][16] - Mineralized material is being crushed for transport, with third-party processing planned for mid-October [2][16] Project Overview - The Scottie Gold Mine Project includes the past-producing Scottie Gold Mine and the adjacent Blueberry Contact Zone, located 35 kilometres north of Stewart, BC [1][17] - The project has shown exceptional drill results over the past six years, discovering high-grade gold in multiple zones [17][25] - The current resource estimate includes 703,000 ounces of gold at an average grade of 6.1 g/t, indicating significant potential for a high-grade deposit [25] Future Plans - The company is targeting the completion of a Preliminary Economic Assessment (PEA) in Q4 2025, focusing on a high-margin Direct Shipping Ore (DSO) operation [20][26] - The PEA will be based on the recently reported Inferred Mineral Resource Estimate and aims to minimize capital requirements and environmental impact [20][26]
Scottie Resources Reports Bulk Sample Permit Approved: Unlocks Key Milestone for Project Advancement
Newsfile· 2025-07-24 11:30
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].
Scottie Resources Announces Maiden Mineral Resource Estimate for the Scottie Gold Mine DSO Project
Newsfile· 2025-05-07 16:37
Core Viewpoint - Scottie Resources Corp. has announced a maiden Inferred Mineral Resource Estimate of 703,000 ounces of gold for its Scottie Gold Mine Project, indicating significant potential for both open pit and underground mining operations [1][4][7]. Group 1: Mineral Resource Estimate - The Inferred Mineral Resource Estimate consists of 703,000 ounces of gold at an average grade of 6.1 g/t, with 528,000 ounces from underground resources at 8.7 g/t and 174,000 ounces from shallow pit constrained resources at 3.2 g/t [1][4][7]. - The MRE is designed for a phased mining approach, starting with a shallow open pit to minimize initial capital costs and fund the development of higher-grade underground resources [4][10]. - The resource is based on a 2.5 g/t gold cutoff for underground resources and a 0.7 g/t cutoff for open pit resources, ensuring reasonable prospects for eventual economic extraction [8][10]. Group 2: Project Development and Infrastructure - The project benefits from existing infrastructure, including roads, proximity to a deep-water shipping port, and nearby power lines, which will support a high-margin, low operational risk model [4][19]. - The company plans to advance to a Preliminary Economic Assessment (PEA) by the end of 2025, leveraging the positive MRE to accelerate project development [4][5]. Group 3: Exploration Potential - Scottie Resources aims to convert inferred resources to indicated through infill drilling and expand resources through exploration of high-quality targets, particularly in the un-drilled pit-constrained envelope [4][5]. - The exploration campaign will focus on areas with significant upside potential, such as the newly discovered Wolf Zone [4][5]. Group 4: Discovery Performance - The resource at the Blueberry Contact Zone was established with a low discovery cost of 12.25 gold ounces per metre drilled, while the historical Scottie Gold Mine had a discovery cost of 3.56 gold ounces per metre drilled [4][11]. - The weighted average all-inclusive drill cost over the past six years is reported at $357.50 per metre [4][11].