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Scottie Resources (TSXV:SCOT) strikes gold in B.C.

Mining
TSXV:SCOT
14 January 2022 11:15 (EDT)
Scottie Resources - CEO, Bradley Rourke

Source: YouTube

Scottie Resources (SCOT) has assayed up to 37.2 g/t gold over 3.71 m at its Scottie Gold Mine.

The mine, located in B.C. produced 95,426 gold ounces from 1981 to 1985 at an average recovered grade of 16.2 g/t gold.

Mineralization consists of steeply dipping shear veins comprised of pyrrhotite, pyrite, quartz and calcite.

Historical production focused on only one of 13 of the mine’s distinct gold-bearing vein zones.

The company hopes to develop the mine into a road-accessible million-plus-ounce high-grade gold resource.

“These results from Scottie Gold Mine illustrate the potential for the expansion of the historic resource at Scottie through both the extension of known ore shoots, as well as revealing the potential of previously untested targets – notably the P Zone, which prior to Scottie’s involvement had seen no drilling, and now we are hitting intercepts comparable to the mined stopes of the past producing mine,” stated Brad Rourke, Scottie’s President and CEO.

Selected new drill assay results (uncut) from the Scottie Gold Mine Project

Scottie Resources is engaged in the exploration and evaluation of gold and silver properties in B.C.’s Golden Triangle.

Scottie Resources (SCOT) is unchanged trading at $0.185 per share as of 10:33 am EST.

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