Scottie Gold Mine (DSO Mine Plan) PEA: C$216M NPV, 60.3% IRR
Scottie Resources Corp.'s Scottie Gold Mine (DSO Mine Plan) in Stewart Mining Camp, Golden Triangle, British Columbia, Canada has a Preliminary Economic Assessment (PEA) outlining an after-tax NPV of C$216M, an after-tax IRR of 60.3%, and initial capital of C$129M. The mine plan runs 7 years at about 65.4 koz Au per year.
Scottie Resources Corp.'s Scottie Gold Mine (DSO Mine Plan) has reported Preliminary Economic Assessment (PEA) results for the gold project in Stewart Mining Camp, Golden Triangle, British Columbia, Canada. The study headlines an after-tax net present value of C$216M at a 5% discount rate. It reflects Scottie Resources Corp.'s (SCOT.V) latest disclosed economics for the asset.
Economics. The after-tax NPV is C$216M using a 5% discount rate. After-tax IRR is 60.3%. Initial capital expenditure is estimated at C$129M. The study models a payback period of 1.2 years. Economics are based on USD$2,600/oz gold base case; also shown at USD$3,400/oz and USD$4,200/oz.
Production and mine plan. The project envisions an open-pit & underground operation. Life of mine is 7 years. Average annual production is approximately 65.4 koz Au. Average head grade is 6.86 g/t Au. Metallurgical recovery averages 94.7%.
Resources and ownership. The company holds a 100% interest in the project.
These figures are extracted from Scottie Resources Corp.'s technical disclosures and reflect the most recent PEA on file. Compare this project against other developers and producers in our project economics database, and always verify the numbers against the original technical report before making any investment decision.
Reserves & Resources
| Category | Tonnage | Grade | Contained |
|---|---|---|---|
| Inferred | 3,604 ktonnes | 6.06 g/t Au | 703 koz Au |
| Underground Resource (Inferred) | 1,897 ktonnes | 8.66 g/t Au | 528 koz Au |
| Blueberry Pit Constrained Resource (Inferred) | 1,707 ktonnes | 3.17 g/t Au | 174 koz Au |
Our Analysis
The 60.3% after-tax IRR places this project in the top quartile of our tracked gold peers and clears the practical financing hurdle for a single-asset junior by a wide margin. However, the 5% discount rate used to compute the C$216M NPV is at the low end of reporting convention, which flatters the headline figure and signals limited conservatism in the study’s base case. The NPV sits at roughly 1.4x the company’s market cap—a gap that could indicate the market has not fully priced the asset, or that it is discounting financing, permitting, or execution risks for a 7-year mine life.
Initial capex of C$129M is 60% of NPV, a moderate capital intensity that still poses funding risk given the market cap. The study’s base-case gold price of USD$2,600/oz is well below today’s spot of $4,054.30/oz, implying material upside to returns if prices hold. The 1.2-year payback is fast, reducing near-term risk. The Stewart Mining Camp in British Columbia’s Golden Triangle is a mining-friendly jurisdiction, but the region’s remote infrastructure and permitting timelines remain the single most important watch-item for a developer.
Our take, benchmarked against the project economics in the Mining Stocks database. Figures are estimates drawn from company technical reports — not investment advice; always verify against the source filing.