Scottie Resources Corp. (“Scottie” or the “Company”) (TSXV: SCOT)
is pleased to report on the successful completion of the 2019
fieldwork and drilling program and provide an initial summary of
the work completed.
Favourable early season conditions allowed
Scottie to maximize the time on the ground within the company’s
mineral package within the Golden Triangle in northwestern British
Columbia. The 2019 exploration program commenced in late June and
the field crews conducted exploration activities through to
mid-October.
Thomas Mumford, VP Exploration of Scottie
Resources commented: “This was a low snow year for the area, and
with the help of an early season start and warm temperatures we
were able to access large portions of unexplored terrain. This
resulted in the discovery of numerous zones of
quartz-carbonate-pyrrhotite-bearing mineralization similar to known
mineralized zones at and near the historic Scottie Gold Mine. The
company is excited to continue the exploration and drilling to
expand on known mineralization, resource areas and on the
prospective new targets developed in 2020”.
During the period between early June and
mid-October the company collected 535 soil samples, 24 rock channel
samples, 581 rock grab and chip samples, and conducted detailed
geological mapping within the area surrounding Scottie Gold Mine,
as well as other significant targets. The 2019 exploration program
discovered four new zones of sheared
quartz-carbonate-pyrrhotite-bearing mineralization which is similar
to the high-grade zones within the historic Scottie Gold Mine. In
addition the company delineated six additional early stage
exploration targets for more comprehensive fieldwork in 2020.
Scottie anticipates the release of surface and drill results from
November through January 2020. Based on the Company’s fieldwork
programs conducted over the last two field seasons 20 diamond drill
holes, totalling 2050 metres, were selected to extend the known
mineralization out along strike and at depth.
Surface Drilling Program
As announced in late August (Please see
Scottie’s news release dated - August 20, 2019), a 2000 m drill
program targeting high-probability holes on the Scottie and Bow
Properties was completed. This 20 hole diamond drilling
program comprised drilling in three zones: (1) Bend Vein, 11 holes,
877.7 m; (2) Blueberry Vein, 8 holes, 633.2 m; and (3) Scottie Gold
Mine, 1 hole, 539.1 m. Together a total of 2050 metres were
drilled. Of the 20 drilled holes, 17 contained intervals of sheared
and sulphidized veins (similar to those observed in the Scottie
Gold Mine) the results of which will be disseminated as they are
received from the laboratory and interpreted.
Geological Mapping and Sampling
The largest component of the 2019 field season
was a robust surficial geology program, which ran from late-June
until mid-September. Completed work highlights include:
- Ground-truthing geophysical anomalies on the Summit Lake
property
- Detailed mapping on the Scottie-Bow properties
- Soil sample grids on discreet targets on the Ruby Silver
property
- Channel sampling of prospective surface mineralization
- Additional sampling of the Scottie Gold Mine access tunnel
Overall the surface work assessed an area
>18,500 hectares and produced 535 soil samples, 24 rock channel
samples, and 581 rock grab and chip samples. Results have started
to come in, and are expected to be released before the end of the
year. These releases will follow up the preliminary targets noted
in the Company’s August 27, 2019 news release on the Summit Lake
Claims.
Additional work on Tailings
Following up on promising work from the 2018
field season, additional work on the historic tailings on site was
undertaken, including:
-
- Infill sampling (43 samples)
- Drone survey to estimate total
volume
- Measurements of specific gravity to
calculate tonnage
This information will help us to better define
the grade and tonnage of the tailings, which has the potential to
add another potentially economic resource to the Scottie project.
Table 1: Complete list of 2019
drill holes with intervals with significant sheared and sulphidized
veins (Gold is commonly associated with sulphidized veins in the
Scottie Gold Mine area)
Drillhole ID |
Target |
Total Depth (m) |
*Sheared + Sulphidized Veins (m)** |
SR19-01 |
Bend Vein |
67 |
41.88 - 42.1 |
SR19-02 |
Bend Vein |
86 |
61.9 - 62.7 |
SR19-03 |
Bend Vein |
116 |
35.7 - 36.05; 77.54 - 77.89; 99.9 - 100.7; 105.5 - 107.1 |
SR19-04 |
Bend Vein |
131 |
82.28 - 82.77; 84.43 - 84.82 |
SR19-05 |
Bend Vein |
82.5 |
53.9 - 54.46 |
SR19-06 |
Bend Vein |
131 |
76.69 - 77.05; 104.56 - 104.88 |
SR19-07 |
Bend Vein |
116 |
98.73 - 99.47 |
SR19-08 |
Bend Vein |
56 |
Weak structure with minor mineralization |
SR19-09 |
Bend Vein |
35.3 |
Weak structure with minor mineralization |
SR19-10 |
Bend Vein |
16.5 |
Hole abandoned - intersected road construction debris |
SR19-11 |
Bend Vein |
40.4 |
25.5 - 28.3; 28.55 - 28.8 |
SR19-12 |
Blueberry Vein |
67.3 |
39 - 39.5 |
SR19-13 |
Scottie Gold Mine - O & M Zones |
539.11 |
5 - 5.3; 70.5 - 71; 85.2 - 85.5; 86 - 86.3; 89 - 92; 167 - 168.7;
168.7 - 174; 249.5 - 252.5; 259.3 - 260; 334 - 337; 362.5 - 363.5;
406.3 - 406.7; 481 - 502; 503 – 514 |
SR19-14 |
Blueberry Vein |
77 |
2 - 13; 26.5 - 26.72; 49.6 - 50.1; 53.3 - 53.5 |
SR19-15 |
Blueberry Vein |
89 |
12.7 - 13; 31.3 - 31.6; 72.5 - 74 |
SR19-16 |
Blueberry Vein |
58.5 |
13 - 14.5; 29 - 30; 54 - 56 |
SR19-17 |
Blueberry Vein |
58.5 |
39.95 - 40.75 |
SR19-18 |
Blueberry Vein |
71 |
21 - 21.5; 64.5 - 64.8 |
SR19-19 |
Blueberry Vein |
50 |
16 - 16.8 |
SR19-20 |
Blueberry Vein |
161.9 |
37.51 - 37.92; 58.08 - 58.87; 59.18 - 62.08; 70.13 - 74.3; 103.74 -
110.36; 131.45 - 132.41; 146.44 - 148.15 |
*only reporting intercepts > 20 cm**All intervals are
core-length. True width is estimated to be 80-90% of core
length
Quality Assurance and Control
Results from samples were analyzed at ALS Global
Laboratories (Geochemistry Division) in Vancouver, Canada (an ISO
9001:2008 accredited facility). The sampling program was undertaken
by Company personnel under the direction of Thomas Mumford. A
secure chain of custody is maintained in transporting and storing
of all samples. Gold was assayed using a fire assay with atomic
emission spectrometry and gravimetric finish when required (+10 g/t
Au). Grab samples from outcrop/bedrock are selective by nature and
they may not be representative of the mineralization hosted on the
project.
Thomas Mumford, Ph.D., P.Geo and VP Exploration of Scottie, 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% interest in the high-grade,
past-producing Scottie Gold Mine property and has the option to
purchase a 100% interest in the Bow property and the Summit Lake
claims which are contiguous with the Scottie Gold Mine property.
Scottie owns 100% interests in the Ruby Silver and Black Hills
properties and has the option to purchase a 100% interest in the
Bitter Creek property which joins the Ruby Silver property with the
Black Hills property.
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.
Further information on Scottie can be found on
the Company’s website at www.scottieresources.com and at
www.sedar.com, or by contacting Bradley Rourke, President and CEO
at (250) 877-9902.
ON BEHALF OF THE BOARD OF DIRECTORS
“Bradley Rourke”
President & CEO
FORWARD LOOKING STATEMENTS
This news release may contain forward‐looking
statements. Forward looking statements are statements that are not
historical facts and are generally, but not always, identified by
the words “expects”, “plans”, “anticipates”, “believes”, “intends”,
“estimates”, “projects”, “potential” and similar expressions, or
that events or conditions “will”, “would”, “may”, “could” or
“should” occur. Although the Company believes the expectations
expressed in such forward‐looking statements are based on
reasonable assumptions, such statements are not guarantees of
future performance and actual results may differ materially from
those in forward looking statements. Forward‐looking statements are
based on the beliefs, estimates and opinions of the Company’s
management on the date such statements were made. The Company
expressly disclaims any intention or obligation to update or revise
any forward‐looking statements whether as a result of new
information, future events or otherwise.
Neither TSX Venture Exchange nor its
Regulation Services Provider (as that term is defined in the
policies of TSX Venture Exchange) accepts responsibility for the
adequacy of accuracy of this release.
Scottie Resources (TSXV:SCOT)
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