Scottie Resources Reports Intersect Of 11.8 g/t Gold Over 6.57 Metres

Scottie Resources (TSXV: SCOT) this morning released the latest assay results for its Scottie Gold Mine project in British Columbia, north of Stewart. The latest results come from a 14,500 metre drill program conducted by the company.

Results from a total of three drill holes were released this morning, with the highlight hole, SR21-094, intersecting 11.8 g/t gold over 6.57 metres at a depth of 58.84 metres. The assay includes 20.2 g/t gold over 3.76 metres.

Additional results released this morning include:

  • SR21-095: 2.20 g/t gold over 10.09 metres, and 37.2 g/t gold over 3.71 metres
  • SR21-096: 2.59 g/t gold over 7.84 metres, 8.08 g/t gold over 5.00 metres, and 20.6 g/t gold over 2.22 metres

The firm views the results as pointing to the “potential for the expansion of the historic resource,” while also pointing to the potential contained within untested targets on the property. The firm is currently looking to establish a one million ounce resource at the historic gold mine.

Scottie this morning also indicated that Stephen Sulis has been reappointed as the CFO of the company, while Lisa Peterson, whom presently held the role, will be leaving the company for undisclosed reasons.

Scottie Resources last traded at $0.185 on the TSX Venture.

Information for this briefing was found via Sedar and the companies mentioned. The author has no securities or affiliations related to this organization. Not a recommendation to buy or sell. Always do additional research and consult a professional before purchasing a security. The author holds no licenses.

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