Scottie Resources – Final Batch Of Assays At The Blueberry Contact Zone Return Intercepts Of 7.0 g/t Gold Over 14.40 Meters and 14.66 g/t Gold Over 4.00 Meters
Brad Rourke, President and CEO of Scottie Resources (TSX.V:SCOT – OTCQB:SCTSF), joins me to review the final batch of high-grade gold assay results at the Blueberry Contact Zone from last year’s 10,270 meter drill program at the Scottie Gold Mine Project, located in the Golden Triangle of British Columbia. We also discuss the larger Company strategy of consolidating much of the prior drilling to date along with this year’s drilling all building towards a Maiden Resource Estimate that is targeted to be out to the market next month.
- Blueberry Contact drillhole SR24-357 intersected 7.00 grams per tonne (g/t) gold over 14.40 m including 47.40 g/t gold over 2.00 m at the Fifi vein zone.
- Blueberry Contact drillhole SR24-359 intersected 14.66 g/t gold over 4.00 m including 52.60 g/t gold over 1.00 m at the Road vein zone, and 4.81 g/t gold over 8.00 m including 10.83 g/t gold over 3.00 m at the at the BB vein zone. The hole also intercepted 35.0 g/t gold over 1.00 m on the Fifi vein zone.
- Blueberry Contact drillhole SR24-358 intersected 12.40 g/t gold over 1.00 m at the Lemoffe vein zone.
Brad outlines that now with all the drilling data back from last year’s exploration program, that they can work on finalizing the Maiden Resource Estimate. Their team internally anticipates somewhere around a million ounces of gold for this first resource estimate, but it will depend on what comes back from the 3rd parties creating the study.
Additionally we discussion that there are still results from multiple veins and around the Blueberry Contact Zone and the Scottie Gold Mine area, along with the C and D Veins, the Golden Buckle Zone, and the Domino area that are not going to be included in this initial resource, because they still need more drilling density. This means there is still definite upside to the mineralized inventory beyond what will show up in the first pass resource report, and those growing areas will be the focus of future drill programs. The strategy at present is simply to get out a study on the lowest hanging fruit for the resources thus far, and then wrap some earlier stage economics around the project with a Preliminary Economic Assessment (PEA) later in the year.
If you have any questions for Brad regarding Scottie Resources, then please email them in to us at Fleck@kereport.com or Shad@kereport.com.
- In full disclosure, Shad is a shareholder of Scottie Resources at the time of this recording, but may choose to buy or sell any stock at any point in time.
