Scottie Discovers New Mineralization Trend at Blueberry Zone, Reports Intercepts of 10.2 g/t Gold Over 3.21 m and 1.31 g/t Ov...
17 Février 2021 - 1:55PM
Scottie Resources Corp. (“
Scottie” or the
“
Company”) (TSXV: SCOT) is pleased to report new
assay results for the Blueberry Zone, including intercepts of 10.2
g/t gold over 3.21 metres and 1.31 g/t over 22.13 metres. These
intercepts further support the existence of the N-S mineralizing
system that was first discovered by Scottie in late 2019. The newly
defined trend remains open along strike and at depth, with
extensive surface work establishing a zone that exceeds 800 metres
in strike length.
CEO, Bradley Rourke commented: “The Blueberry
Zone continues to yield strong intercepts along the newly defined
N-S trend. Now that we have got a handle on the geometry of the
system, drilling in 2021 will focus on increasing the vertical and
lateral extent of this zone. The road accessible, near surface
mineralization present at the Blueberry Zone complements the
high-grade mineralization we continue to discover around the
Scottie Gold Mine, located just 2 km to the southwest.”
Drill Hole |
|
From (m) |
To (m) |
Width (m) |
Gold (g/t) |
Silver (g/t) |
SR20-50 |
|
39.94 |
40.4 |
0.46 |
2.38 |
2.96 |
SR20-55 |
|
78.97 |
79.75 |
0.78** |
47.9 |
19.1 |
SR20-56 |
|
no significant intercepts |
SR20-62 |
|
76.00 |
98.13 |
22.13 |
1.31 |
0.80 |
including |
91.16 |
98.13 |
6.97 |
2.50 |
1.26 |
including |
96.30 |
98.13 |
1.83 |
6.45 |
2.45 |
SR20-64 |
|
145.96 |
201.02 |
55.06 |
1.07 |
0.90 |
including |
165.3 |
167.5 |
2.2 |
5.34 |
1.77 |
and |
195.99 |
199.2 |
3.21 |
10.2 |
1.50 |
Previously released 2020 Blueberry drill
holes |
SR20-40* |
|
15.94 |
16.96 |
1.02 |
2.56 |
1.32 |
and |
24.00 |
25.83 |
1.83 |
1.7 |
0.79 |
SR20-45* |
|
17.00 |
23.10 |
6.10 |
22.3 |
3.70 |
including |
17.00 |
18.93 |
1.93 |
67.9 |
10.2 |
SR20-48* |
|
18.07 |
20.40 |
2.33 |
35.8 |
4.70 |
including |
18.07 |
19.08 |
1.01 |
82.1 |
10.50 |
and |
56.67 |
70.35 |
13.68 |
8.96 |
2.86 |
and including |
67.20 |
70.35 |
3.15 |
38.6 |
8.65 |
and including |
68.62 |
70.35 |
1.73 |
69.8 |
15.2 |
Table 1: Selected results from
2020 drill assays results from the Blueberry Zone. True thicknesses
of mineralized intercepts are undetermined. *previously
released results (Oct 6, 2020, Dec 8, 2020),
**mineralization is bounded by unsampled intervals.
Blueberry Zone
The Bow Property’s Blueberry Zone is located
just 2 km northeast of the 100% owned, past-producing Scottie Gold
Mine located in British Columbia, Canada’s Golden Triangle region.
Historic trenching and channel sampling of the Blueberry Vein
include results of 103.94 g/t gold over 1.43 metres, and 203.75 g/t
gold over 1.90 metres. Despite high-grade surficial samples and
easy road access, the Blueberry Vein has only limited reported
drilling. The target was significantly advanced during Scottie’s
2019 drill program when an interval grading 7.44 g/t gold over
34.78 metres was intersected in a new splay off zone of the main
Blueberry Vein. The drill results received so far in 2020, coupled
with surficial mapping and sampling suggest that this splay is in
fact a major N-S mineralizing structure, of which the Blueberry
Vein was only a secondary structure. This near surface zone is much
wider than pursued in previous exploration models and establishing
the orientation and continuity of it was a priority during the 2020
drill program. A total 1609 metres in 11 holes were drilled into
the Blueberry Zone during 2020. The Blueberry Zone is located on
the Granduc Road, 20 km north of the Ascot Resources’ Premier Mill,
which has recently completed financing for reactivation (Dec 10,
2020).
Figure 1: Plan view map of 2019
and 2020 drilling of the Blueberry Zone, illustrating the results
of the 11 holes drilled during the 2020 field season, key
intercepts, and the projection of the newly discovered N-S
mineralizing
trend:https://www.globenewswire.com/NewsRoom/AttachmentNg/eeb3fc7f-3bf4-4980-87c9-2532fd8c7e10
2021 Blueberry Exploration Program
The 2021 work program planned for the Blueberry
Zone includes substantial drill step outs (>200 m) along strike
to test the continuity of the recently defined N-S structure (Fig
1, 2). Additional drilling will test the vertical extent of the
successful intercepts from 2019/2020. An induced polarization
survey (IP), as well as a trenching program will be used to further
delineate targets within the mineralized corridor.
Figure 2: Plan view map
illustrating the location of the recent 2019/2020 drilling relative
to the N-S trend of high-grade surficial
samples:https://www.globenewswire.com/NewsRoom/AttachmentNg/e4a4ab87-7a59-4a3b-8324-c1677f42d547
Figure 3: Key target zones on
the Scottie Gold Mine Project and locations of 2020 drillhole
collars:https://www.globenewswire.com/NewsRoom/AttachmentNg/1e4469f9-cfcc-4e54-b395-bd30dd3dea3e
This release constitutes the final release of
drillholes from the 2020 drill program. Any outstanding drill holes
between SR20-21 and -66 (2020 drilling) that were not explicitly
described in the news releases between October 6, 2020 and this
release, yielded no significant results.
Quality Assurance and Control
Results from samples were analyzed at MSALABS in
Langley, Canada (an ISO 9001 accredited facility). The sampling
program was undertaken by Company personnel under the direction of
Dr. 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 absorption spectrometry and gravimetric
finish when required (+9 g/t Au). Analysis by four acid digestion
with 48 element ICP-MS analysis was conducted on all samples with
silver and base metal over-limits being re-analyzed by emission
spectrometry.
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 and Bow properties and has the
option to purchase a 100% interest in Summit Lake claims which are
contiguous with the Scottie Gold Mine property. Scottie also owns
100% interest in the Cambria Project properties and the Sulu
property. Scottie Resources holds more than 25,000 ha of mineral
claims in the Golden Triangle.
The Company’s focus is on expanding the known
mineralization around the past-producing mine 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.
Further information on Scottie can be found on
the Company’s website at http://www.scottieresources.com and
at www.sedar.com, or by contacting Bradley Rourke, President and
CEO at (250) 877-9902.
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.
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