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Scottie Resources Corp ( (TSE:SCOT) ) has issued an update.
Scottie Resources Corp has reported promising new assay results from its 2025 drilling program at the Blueberry Contact Zone within the Scottie Gold Mine Project in British Columbia. The results include high-grade gold intercepts, such as 8.37 g/t gold over 8.45 meters and 122 g/t gold over 1.2 meters, which exceed expectations and support a strong resource conversion rate from inferred to indicated. The company is conducting its largest drilling program to date, with over 25,000 meters planned, and has completed the mining, crushing, and transportation of a bulk sample, which is now awaiting final assays and technical testing.
Spark’s Take on TSE:SCOT Stock
According to Spark, TipRanks’ AI Analyst, TSE:SCOT is a Neutral.
Scottie Resources Corp’s stock score reflects the company’s challenging financial performance, with no operational revenue and ongoing losses. While the absence of debt and recent positive corporate developments provide some support, these factors are overshadowed by the bearish technical indicators and negative valuation metrics. The new project launch offers a glimmer of hope but requires successful execution to positively impact the stock.
To see Spark’s full report on TSE:SCOT stock, click here.
More about Scottie Resources Corp
Scottie Resources Corp is a company operating in the mining industry, focusing on the exploration and development of gold resources. Its primary project is the Scottie Gold Mine Project, located in British Columbia, which includes the past-producing Scottie Gold Mine and the adjacent Blueberry Contact Zone.
Average Trading Volume: 113,416
Technical Sentiment Signal: Buy
Current Market Cap: C$111M
For detailed information about SCOT stock, go to TipRanks’ Stock Analysis page.