Scottie Resources Extends Blueberry Zone to 225 Metres Depth with Intercept of 15.3 G/T GOLD over 13.49 Metres Scottie Resources Extends Blueberry Zone to 225 Metres Depth with Intercept of 15.3 G/T GOLD over 13.49 Metres
SCOTTIE RESOURCES EXTENDS
BLUEBERRY ZONE TO 225 METRES
DEPTH WITH INTERCEPT OF 15.3 G/T
GOLD OVER 13.49 METRES
SCOTTIE RESOURCES EXTENDS BLUEBERRY ZONE TO 225
METRES DEPTH WITH INTERCEPT OF 15.3 G/T GOLD OVER
13.49 METRES
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VANCOUVER, BC, Feb. 8, 2022 /CNW/ - Scottie Resources Corp.
("Scottie" or the "Company") (TSXV: SCOT) (OTCQB: SCTSF),
(FSE:SR8) is pleased to report additional new assays on the
Blueberry Zone, including intercepts of 15.3 g/t gold over 13.49 metres
and 18.7 g/t gold over 3.17 metres. The location of these holes
extends the high-grade gold mineralization to a depth of 225 metres
where it remains open in all directions. The Blueberry Zone is located
north-northeast of the 100% owned past-producing high-grade Scottie
Gold Mine, 35 kilometres north of the town of Stewart, BC along the
Granduc Haul Road.
"With just over 6,500 metres of drilling over the past two years we've
taken our 2019 discovery hole at the Blueberry Zone to a road
accessible, high-grade gold target that now exceeds 650 metres in
strike and 225 metres depth." comments President and CEO, Brad
Rourke: "These latest results are very encouraging as they indicate
that not only does the system continue deeper – there is potential that
the thickness of the zone actually increases. Blueberry will be the
primary focus of our planned 15,000 metre 2022 drill program where
we will continue to drill to extend the zone in all directions as well as
infill untested areas in the structure."
Table 1: Selected new drill assay results (uncut) from the Blueberry
Zone.
Drill Hole From (m) To (m) Width* (m) Gold (g/t) Silver (g/t)
SR21-126 101.30 102.30 1.00 5.98 7.00
and 119.40 120.40 1.00 2.91 4.00
and 128.30 131.47 3.17 18.7 12.9
SR21-127 41.00 41.52 0.52 2.88 15.0
and 77.20 78.91 1.71 21.5 8.00
SR21-128 167.20 168.09 0.89 16.9 4.00
and 207.85 214.46 6.61 2.44 0.44
SR21-138 288.86 302.35 13.49 15.3 9.10
including 289.86 294.00 4.14 36.2 16.4
* True thicknesses of mineralized intercepts are undetermined
The expansionary drilling of the Blueberry Zone during 2021 focused
on testing the andesite-siltstone contact with shallow holes where
there was strong geological control. The significant step outs (>200
metres) intersected strong gold mineralization associated with the
contact, as well as strong chlorite-sericite alteration. While typically
rare at both the Scottie Gold Mine and the Blueberry Vein, visible gold
was present in multiple holes from the testing of the northern
extension of the contact-controlled Blueberry Zone.
Figure 1: Grade thickness interpolated contour model of the Blueberry
Zone. The contours are based on the drill hole intercepts and do not
represent true thicknesses. Drilled pierce points are displayed to
provide some context relating to the drill hole density and the impact
of interpolation in areas of little to no drilling. The model has an
average thickness of ~15 metres and the viewed window is ±50
metres. (CNW Group/Scottie Resources Corp.)
Figure 2: Overview plan view map of the Blueberry Zone, highlighting
the projection of the inferred N-S mineralizing trend and drill intercepts
from 2021 – gold highlighted results are from this release. (CNW
Group/Scottie Resources Corp.)
About the Blueberry 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
mineralizing 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 was designed to
expand its strike length and depth. 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.
Quality Assurance and Control
Results from samples during the 2021 field season were analyzed at
either ALS Laboratory 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 in transporting and storing of all samples. Gold was
assayed using a fire assay with atomic absorption spectrometry and
gravimetric finish when required (+9 g/t Au). Analysis by four acid
digestion with multi-element ICP-AES analysis was conducted on all
samples with silver and base metal over-limits being re-analyzed 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 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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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 07:00e 08-FEB-22