Scottie Resources Secures US Financing Deal to Fast-Track DSO Project Development

July 08, 2025 10:29 PM AEST | By Team Kalkine Media

Scottie Resources Secures US Financing Deal to Fast-Track DSO Project Development — Image source: Shutterstock

Ocean Partners to Acquire Project Output Under Exclusive Terms

As part of the agreement, Ocean Partners will acquire the full output from the DSO project for an initial eight-year period. The terms also outline a significant equity contribution from Ocean Partners, positioning the group as the largest shareholder in Scottie Resources. This equity stake entitles Ocean Partners to appoint a member to the company’s board after an initial period, aligning strategic interests between the two entities.

The partnership structure is designed to facilitate an efficient production timeline, supported by both capital deployment and operational collaboration.

Streamlining Operations by Eliminating Grinding Facilities

The project aims to reduce complexity by avoiding traditional grinding operations, which are typically associated with higher capital and operational costs. This approach focuses on enhancing output margins through simpler logistics and production workflows.

Scottie Resources intends to expand upon its existing preliminary economic assessment, with plans to release an updated version in the coming year. The company also plans drilling campaigns to advance inferred resources to the indicated category, along with environmental baseline studies and a feasibility-level review of ore sorting technologies.

Milestone-Driven Development Framework Underway

Initial financial support is expected to be available during the early stages of production. Repayment of the facility is structured with a grace period, followed by scheduled instalments. The company has also committed to an upfront payment to solidify the terms of the agreement.

These developments come as Scottie Resources continues to focus on mineralisation expansion at its legacy mining sites, aiming to produce DSO products with high output value. With Ocean Partners contributing its commercial expertise and financial resources, the project is positioned to progress under a milestone-driven framework.

Disclaimer

The content, including but not limited to any articles, news, quotes, information, data, text, reports, ratings, opinions, images, photos, graphics, graphs, charts, animations and video (Content) is a service of Kalkine Media Pty Ltd (Kalkine Media, we or us), ACN 629 651 672 and is available for personal and non-commercial use only. The principal purpose of the Content is to educate and inform. The Content does not contain or imply any recommendation or opinion intended to influence your financial decisions and must not be relied upon by you as such. Some of the Content on this website may be sponsored/non-sponsored, as applicable, but is NOT a solicitation or recommendation to buy, sell or hold the stocks of the company(s) or engage in any investment activity under discussion. Kalkine Media is neither licensed nor qualified to provide investment advice through this platform. Users should make their own enquiries about any investments and Kalkine Media strongly suggests the users to seek advice from a financial adviser, stockbroker or other professional (including taxation and legal advice), as necessary. Kalkine Media hereby disclaims any and all the liabilities to any user for any direct, indirect, implied, punitive, special, incidental or other consequential damages arising from any use of the Content on this website, which is provided without warranties. The views expressed in the Content by the guests, if any, are their own and do not necessarily represent the views or opinions of Kalkine Media. Some of the images/music that may be used on this website are copyright to their respective owner(s). Kalkine Media does not claim ownership of any of the pictures displayed/music used on this website unless stated otherwise. The images/music that may be used on this website are taken from various sources on the internet, including paid subscriptions or are believed to be in public domain. We have used reasonable efforts to accredit the source wherever it was indicated as or found to be necessary.