Scottie Resources reports interceptions of 16.5 g / t gold on
VANCOUVER, British Columbia, Oct. 7, 2021 (GLOBE NEWSWIRE) – Scottie Resources Corp. (“Scottie“or the”Society“) (TSXV: SCOT) is pleased to announce further new assays on the previously announced northern extension of the Blueberry Zone, including intersections of 16.5 g / t gold over 10.0 meters and 28.8 g / t gold over 4.94 meters. Recent drilling in the Blueberry zone has extended it to over 550 meters in length, and it remains open along strike and at depth (September 21, 2021 The Blueberry Zone is located on Granduc Road, 2 km northeast of the former Scottie high grade gold mine, 35 kilometers north of the town of Stewart, British Columbia.
“These additional high grade results on the northern extension of the Blueberry Zone confirm that the structure has both grade and continuity,” commented President and CEO Brad Rourke. area by drilling additional holes along the strike and dip. of these good results. So far this season, our drilling has been successful in increasing the size potential of the area, adding hundreds of meters to the strike length. As well as being a high quality target near the surface, access to the Blueberry area is what sets it apart, being along an all-season route is something truly unique in the Triangle. Golden.
Table 1: Selected results from new drill assay results (uncut) from the Blueberry Zone.
(g / t)
(g / t)
* The actual thicknesses of the mineralized interceptions are undetermined
Following successful 2020 drill results – including intersections of up to 22.3 g / t gold over 6.10 meters – drilling targeting in the Blueberry Zone has focused on verifying the north-south contact between andesitic rocks and siltstones of the Hazelton group of the Early Jurassic and their relationship with the intersection of veins rich in ENE-prone pyrrhotite. Detailed surface contact mapping, combined with modeling of underground mineralized structures identified in 2020, was effective in predicting the orientation and extent of the mineralized zone.
A total of 5,000 meters of drilling has been allocated to test the Blueberry Zone during the 2021 season, which has been drilled in two phases to use the assays from Phase 1 to refine the targets for Phase 2. Lengths of the drilled holes vary between 40 and 320 meters. , testing both near-surface targets as well as deeper ore deposits along the main north-south structure.
A photo accompanying this announcement is available at https://www.globenewswire.com/NewsRoom/AttachmentNg/770092e4-81b5-476c-9217-d72e21e35c0d
About the Blueberry Zone
The Blueberry Zone is located just 2 km northeast of the former 100% owned Scottie Gold Mine located in British Columbia, in the Golden Triangle region of Canada. Historic trenches and channel sampling from the Blueberry Vein include results of 103.94 g / t gold over 1.43 meters and 203.75 g / t gold over 1.90 meters. Despite high-grade surface samples and easy road access, the Blueberry Vein had only been the subject of a limited number of drill holes reported prior to the Company’s exploration work. The target was significantly advanced during the Scottie drill program in 2019 when an interval grading 7.44 g / t gold over 34.78 meters was intersected in a new spacing zone of the main vein of Blueberry. Drill results received in 2020, coupled with surface mapping and sampling, suggest that this flaring is in fact a major mineralizing structure of the NS, of which the Blueberry Vein was only a secondary structure. This near-surface area is much wider than that sought in previous exploration models and drilling in 2021 aims to extend its lateral length. The Blueberry zone is located on Granduc Road, 20 km north of Ascot Resources’ Premier project, which is refurbishing its plant in anticipation of production in 2022 (August 10, 2021).
A photo accompanying this announcement is available at https://www.globenewswire.com/NewsRoom/AttachmentNg/9d01cb91-ad6a-45f2-a7c7-30e036dd5196
Quality assurance and control
Sample results during the 2021 field season were analyzed either at the ALS lab in Vancouver, BC or at SGS Minerals in Burnaby, BC. The sampling program was undertaken under the direction of Dr Thomas Mumford. A secure chain of custody is maintained for the transport and storage of all samples. The gold was analyzed by fire assay with atomic absorption spectrometry and gravimetric finishing when required (+9 g / t Au). Four acid digestion analysis with multi-element ICP-AES analysis was performed on all samples with silver and base metal exceedances reanalyzed 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 press release on behalf of the Company.
ABOUT SCOTTIE RESOURCES CORP.
Scottie owns a 100% interest in the old and high grade properties of the Scottie gold mine and Bow and has the option to purchase a 100% interest in the Summit Lake claims which are contiguous to the property of the Scottie Gold Mine. Scottie also owns a 100% interest in the Georgia Project, which contains the former high-grade Georgia River mine, as well as the Cambria Project properties and the Sulu property. In total, Scottie Resources owns more than 52,000 ha of mining concessions in the Stewart mining camp in the Golden Triangle.
The Company is focused on expanding known mineralization around former producing mines while advancing near high grade gold targets, with the goal of providing a potential resource. The Company is focused on expanding known mineralization around the former producing mine while advancing near high grade gold targets at the mine, with the goal of providing a potential resource.
All of the Company’s properties are located in the region known as the Golden Triangle of British Columbia, which is among the most prolific mineralized districts in the world.
This press release may contain forward-looking statements. Forward-looking statements are statements which are not historical facts and are generally, but not always, identified by the words “expects”, “plans”, “anticipates”, “believes”, “intends to”. “,” Estimate “,” plans “,” potential “and similar expressions, or that events or conditions” will “,” would “,” could “,” could “or” should “occur. Although the Company believes that the expectations expressed in these forward-looking statements are based on reasonable assumptions, these statements are not guarantees of future performance and actual results may differ materially from those of forward-looking statements. Forward-looking statements are based on the beliefs, estimates and opinions of the management of the Company as of the date on which such statements were made. The Company expressly disclaims any intention or obligation to update or revise any forward-looking statement, whether as a result of new information, future events or otherwise.
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