Scottie Resources Commences Drilling ON Blueberry Contact Zone
SCOTTIE RESOURCES COMMENCES DRILLING ON
BLUEBERRY CONTACT ZONE
VANCOUVER, BC
,
July 5, 2022
/CNW/ - Scottie Resources Corp. ("
Scottie
" or the "
Company
") (TSXV: SCOT), (OTCQB:
SCTSF); (FSE: SR8) is pleased to report that it has commenced its 2022 drill program focused on expanding its high-grade
Blueberry Contact Zone. The Blueberry Contact Zone is located 2 km north-northeast of the 100% owned past-producing
high-grade Scottie Gold Mine, 35 km north of the town of
Stewart, BC
, along the Granduc Road.
President and CEO,
Brad Rourke
commented: "Our 2022 exploration is in full swing with the first drill turning at
Blueberry and field crews soil sampling on the Cambria Project. Our planned drill program at Blueberry will test
validated targets developed during the 2021 program, which have the potential to double the strike length of the
Blueberry Contact Zone. Between testing new targets and following up on the successful intercepts from last season,
we expect to deliver another year of consistently strong results that define a large, road accessible, gold system in
the Golden Triangle."
About the Blueberry Contact Zone
The Blueberry Zone is located just 2 km northeast of the 100% owned, past-producing Scottie Gold Mine located in
British
Columbia, Canada's
Golden Triangle region. Historic trenching and channel sampling of the Blueberry Vein include results of
103.94 g/t gold over 1.43 metres, and 203.75 g/t gold over 1.90 metres. Despite high-grade surficial samples and easy road
access, the Blueberry Vein had only limited reported drilling prior to the Company's exploration work. The target was
significantly advanced during Scottie's 2019 drill program when an interval grading 7.44 g/t gold over 34.78 metres was
intersected in a new splay off zone of the main Blueberry Vein. The drill results received in 2020 and 2021, coupled with
surficial mapping and sampling suggest that this splay is in fact a major N-S mineralized structure, of which the Blueberry Vein
was only a secondary structure. This zone is much wider than pursued in previous exploration models and drilling in 2021
expanded its strike length to 720 meters and its depth to 225 meters. The zone is steeply dipping, and there is no current
restraint on its potential depth; the mineralization at the adjacent Scottie Gold Mine has a vertical extent greater than
450 m
.
The Blueberry Zone is located on the Granduc Road, 20 km north of the Ascot Resources' Premier Project, which is in the
process of refurbishing their mill in anticipation of production in 2022 (
August 10, 2021
). Newcrest's Brucejack Mine is located
25 km to the north.
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 news release on behalf of the Company.
ABOUT SCOTTIE RESOURCES CORP.
Scottie owns a 100% interest in the high-grade, past-producing Scottie Gold Mine and Bow properties and has the option to
purchase a 100% interest in
Summit Lake
claims which are contiguous with the Scottie Gold Mine property. Scottie also
owns 100% interest in the Georgia Project which contains the high-grade past-producing
Georgia River Mine
, as well as the
Cambria Project properties and the Sulu property. Altogether Scottie Resources holds more than 52,000 ha of mineral claims
in the Stewart Mining Camp in the Golden Triangle.
The Company's focus is on expanding the known mineralization around the past-producing mines while advancing near mine
high-grade gold targets, with the purpose of delivering a potential resource. The Company's focus is on expanding the known
mineralization around the past-producing mine while advancing near mine high-grade gold targets, with the purpose of
delivering a potential resource.
All of the Company's properties are located in the area known as the Golden Triangle of
British Columbia
which is among the
world's most prolific mineralized districts.
Forward Looking Statements
This news release may contain forward
looking statements. Forward looking statements are statements that are not historical
facts and are generally, but not always, identified by the words "expects", "plans", "anticipates", "believes", "intends",
"estimates", "projects", "potential" and similar expressions, or that events or conditions "will", "would", "may", "could" or
"should" occur. Although the Company believes the expectations expressed in such forward
looking statements are based on
reasonable assumptions, such statements are not guarantees of future performance and actual results may differ materially
from those in forward looking statements. Forward
looking statements are based on the beliefs, estimates and opinions of
the Company's management on the date such statements were made. The Company expressly disclaims any intention or
obligation to update or revise any forward
looking statements whether as a result of new information, future events or
otherwise.
Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of TSX
Venture Exchange) accepts responsibility for the adequacy of accuracy of this release.
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SOURCE
Scottie Resources Corp.
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For further information:
Brad Rourke, President and CEO, +1 250 877 9902, [email protected]; Gordon Robb,
Business Development, +1 250 217 2321, [email protected]
CO: Scottie Resources Corp.
CNW 07:05e 05-JUL-22