Reports 10.7 g/t Gold and 31.2 g/t Silver Over 2.77M At Scottie Gold Mine
Scottie Resources Corp. (TSXV: SCOT) has reported further high-grade drilling results from the O-Zone target, part of the Scottie Gold Mine in British Columbia.
Latest results include 2.26 g/t gold and 6.53 g/t silver over 19.04 m, which includes a high-grade interval of 10.7 g/t gold and 31.2 g/t silver over 2.77 metres.
CEO, Bradley Rourke, said the four holes drilled at O-Zone during 2020 demonstrate that the high-grade zone is open in most directions.
Drilling will continue in 2021 to expand the zone. The 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, in the Golden Triangle.
The company completed 7,040 m of drilling in 46 holes during 2020 and will continue to disclose additional results through to February 2021.
“Historically the O-zone produced some of the highest-grade gold intercepts in and around the Scottie Gold Mine,” Mr Rourke said.
“Oriented parallel and only 100 metres to the north of the main producing vein, and being connected to the mine with existing tunnels, all combine to make this a prime exploration target.
“Our expansionary drilling around the target has shown that it remains open in most directions, and that the exceptional grades that it is known for are also continuous – confirmed by our intercept of 109.4 g/t gold over 2.53 metres earlier this year.”
The Scottie Gold Mine, which operated from 1981 to 1985, milled vein material averaging 16.2 grams per tonne of recovered gold, producing 95,426 ounces of gold from 183,147 tonnes of mineralization.
The O-Zone is the northern most of six parallel mineralised structures identified during operation of the past-producing Scottie Gold Mine, and it contained some of the highest-grade intercepts from the mine, including 107 g/t gold over 4.18 metres.
The near surface target saw only negligible production prior to the mine shutting down in 1985, and despite its exceptional gold grades has seen no exploration drilling prior to the company’s involvement.
