- Scottie Resources Corp. (SCOT) has acquired the 3 per cent net smelter royalty interest (NSR) attached to the Summit Lake Property
- Scottie acquired the NSR from Starcore’s subsidiary for $1.6 million
- The Summit Lake claims are contiguous with the Scottie Gold Mine property and are within the prolific Golden Triangle of Northern British Columbia
- Starcore International Mines is engaged in precious metals production with a focus on Mexico
- Scottie owns a 100 per cent interest in the high-grade, past-producing Scottie Gold Mine and Bow properties
- Shares of Scottie Resources Corp. (SCOT) are unchanged, trading at $0.20 at 4:45 pm ET
Scottie Resources Corp. (SCOT) has acquired the 3 per cent net smelter royalty interest (NSR) attached to the Summit Lake Property.
Scottie acquired the NSR from Starcore’s subsidiary for $1.6 million.
The Summit Lake claims are contiguous with the Scottie Gold Mine property and are within the prolific Golden Triangle of Northern British Columbia.
Starcore International Mines is engaged in precious metals production with a focus on Mexico. This base of producing assets is complemented by exploration and development projects throughout North America.
Scottie owns a 100 per cent interest in the high-grade, past-producing Scottie Gold Mine and Bow properties and has the option to purchase a 100 per cent interest in Summit Lake claims which are contiguous with the Scottie Gold Mine property.
Scottie also owns 100 per cent interest in the Georgia Project which contains the high-grade past-producing Georgia River Mine, as well as the Cambria Project properties and the Sulu property.
Altogether Scottie Resources holds more than 52,000 ha of mineral claims in the Stewart Mining Camp in the Golden Triangle. 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.
Shares of Scottie Resources Corp. (SCOT) are unchanged, trading at $0.20 at 4:45 pm ET.