Intersects 12.6 g/t Gold And 4.43 g/t Silver Over 5.22m
Scottie Resources Corp. (TSXV:SCOT) has drilled significant high-grade intersections with its infill and expansionary drilling around the Scottie Gold Mine M-zone in British Columbia.
Headline numbers include 12.6 g/t gold and 4.43 g/t silver over 5.22 m and 10.7 g/t gold and 5.38 g/t silver over 5.70m.
CEO, Bradley Rourke, said the 2020 drill results continue to establish both lateral and vertical expansion and continuity of high-grade gold mineralisation in the past-producing mine.
The 100% owned Scottie Gold Mine is the flagship project of the Company, is road accessible with excellent existing infrastructure, and is located 40 km north of Stewart, BC, and 20 km north of Ascot’s Premier Mill along the Granduc haul road.
“The 2020 drill programme at the Scottie Gold Mine Project continues to deliver strong results that indicate that the gold mineralisation at Scottie is more extensive than previously tested,” Mr Rourke said.
“Past mining practices used a historical cut-off grade of 10 g/t gold, and with the current market conditions the opportunity to expand the mineralising system is excellent as our recent results indicate.
“During 2021 the company will continue expanding the drill programme and advancing towards delivering a potential resource.”
The company completed 7,040m of drilling in 46 holes during 2020 and took 921 surface samples on its Scottie Gold Mine area projects.
The latest high-grade M-Zone drill intercepts complement drill results released in 2019 and 2020 on near mine targets, including the Domino and Blueberry Zones, and demonstrate the company’s success in advancing multiple high-grade areas within the company’s claims in and around the Scottie Gold Mine.
The Scottie Gold Mine, which operated between 1981 to 1985, produced 95,426 gold ounces from 183,147 tonnes at an average recovered grade of 16.2 g/t gold. The mine ultimately shut down due to a drop in gold price combined with high-interest rates.
Historical drilling of the Scottie Gold Mine was largely focused on mine production, with little work done on proving up substantial resources. The majority of historical drilling was done from underground, and therefore consisted of short holes with single targets – with very restricted drill pad locations.
Recent exploration by Scottie has used the benefits of drilling from surface to target areas that were inaccessible with underground drill locations, and where possible to test multiple targets with individual holes.
