Hunting Bonanza Gold In Golden Triangle
Scottie Resources Corp. (TSXV: SCOT) has kicked off a 2,000m diamond drill programme has commenced on its Georgia Project, following up on bonanza grade gold hits from 2020 drilling.
The Georgia Project was acquired from the recent merger with AUX Resources and hosts the past-producing Georgia River Mine. Georgia is located on the Portland Canal tidewater, 16 kilometres south of the town of Stewart, BC, in the prolific Golden Triangle.
CEO, Bradley Rourke, said the location and the geology of the Georgia Project make is a very complementary asset for Scottie.
“Given its proximity to Stewart and our Cambria project, Scottie’s geologists are well acquainted with the rocks and were able to put together a well-designed drill program to advance newly identified ore shoots on this very high-grade gold target,” he said.
“With the addition of this drill to the Georgia project, we now have three drills turning in the Stewart mining camp.”
About the Georgia Project
Exploration in and around the Georgia River Mine began in 1911 with the majority of work focused on the Bullion, SW, and Gem veins. The mine was put into production in 1937 with a head grade of 22.6 g/t gold.
There was a hiatus in mining and exploration activities between 1939 and 1979. Between 1979 and 2003, exploration continued and included geochemical exploration and mapping, drill programs, as well as airborne magnetic and VTEM surveys.
The most recent documented, unclassified historic resource estimate for the SW Vein of the Georgia River Mine was completed in 1990 (BC Assessment Report 19,983) and estimated 276,403 tonnes of 27.6 g/t gold and 20.9 g/t silver.
The estimate was based on 50 drill holes and considers a minimum mining width of 1.22 metres.
Historic drill intercepts at Georgia include:
- 178.4 g/t gold and 171 g/t silver over 0.49 metres (110.79 to 111.28 metres)
- 119.2 g/t gold and 66.4 g/t silver over 1.4 metres (72.71 to 74.09 metres) including 342.5 g/t gold and 190.6 g/t silver over 0.3 metres (73.48 to 73.78 metres)
- 140.8 g/t gold and 213.5 g/t silver over 0.6 metres (33.93 to 34.54 metres)
For further information please visit: https://scottieresources.com/
