17:56:48 EDT Tue 07 May 2024
Enter Symbol
or Name
USA
CA



Scottie Resources Corp
Symbol SCOT
Shares Issued 267,893,567
Close 2023-10-11 C$ 0.185
Market Cap C$ 49,560,310
Recent Sedar Documents

Scottie Resources drills 4 m of 26.9 g/t Au at Scottie

2023-10-12 09:45 ET - News Release

Mr. Brad Rourke reports

SCOTTIE RESOURCES INTERCEPTS 26.9 G/T GOLD OVER 4 METRES AT BLUEBERRY CONTACT ZONE

Scottie Resources Corp. has released assay results on the Scottie gold mine project in British Columbia's Golden Triangle. The company continues to intercept high-grade gold over appreciable widths in the Blueberry contact zone. The 2023 exploration program focused on expanding the zone along strike and at depth, and increasing confidence of the geological model through targeted drilling. The company drilled over 20,000 metres in 2023 and has over 15,500 metres of pending assays. The Blueberry contact zone is located two kilometres north-northeast of the 100-per-cent-owned, royalty-free, past-producing, high-grade Scottie gold mine, 35 kilometres north of the town of Stewart, B.C., along Granduc Road.

Highlights:

  • Drill hole SR23-247 intersected 26.9 grams per tonne gold over four metres and 13.9 g/t gold over 2.04 m (see an attached table).
  • Drill hole SR23-249 intersected 3.01 g/t gold over nine m (see an attached table).
  • Drill hole SR23-242 intersected 5.3 g/t gold over 4.05 m (see an attached table).
  • Testing during 2023 of the main Blueberry zone shows increased vein density relative to previous modelling.

President and chief executive officer Brad Rourke commented: "These additional robust intercepts from the Blueberry contact zone continue to support and enhance our current model and understanding of the orebody. Of the 20,000 metres drilled this season, almost 17,000 was directed towards Blueberry -- taking the total drilling on the zone from 23,000 metres (prior to 2023) to almost 40,000 metre total. This additional information will allow for much more detailed modelling and interpretation of the structures and provide vectors to pursue additional high-grade zones."

Dr. Thomas Mumford, PhD, PGeo, vice-president of exploration, a qualified person under National Instrument 43-101, has reviewed the technical information contained in this news release on behalf of the company.

About Scottie Resources Corp.

Scottie owns a 100-per-cent interest in the Scottie gold mine property, which includes the Blueberry zone and the high-grade, past-producing Scottie gold mine. Scottie also owns a 100-per-cent interest in the Georgia project, which contains the high-grade, past-producing Georgia River mine, as well as the Cambria properties and the Sulu property. Altogether, Scottie Resources holds approximately 60,000 hectares of mineral claims in the Stewart mining camp in the Golden Triangle.

The company's focus is on expanding the known mineralization around the past-producing mines while advancing near-mine, high-grade gold targets, with the purpose of delivering a potential resource.

All of the company's properties are located in the area known as the Golden Triangle of British Columbia, which is among the world's most prolific mineralized districts.

We seek Safe Harbor.

© 2024 Canjex Publishing Ltd. All rights reserved.