Scottie Resources Intercepts 9.79 G/T GOLD over 25 Metres ON Blueberry Contact Zone and Reports Mineralization at Depth of 390 Metres
SCOTTIE RESOURCES INTERCEPTS 9.79 G/T GOLD OVER 25 METRES
ON BLUEBERRY CONTACT ZONE AND REPORTS MINERALIZATION AT
DEPTH OF 390 METRES
VANCOUVER, BC
,
Nov. 10, 2022
/CNW/ - Scottie Resources Corp. ("
Scottie
" or the "
Company
") (TSXV: SCOT) (OTCQB: SCTSF) (FSE:SR8) is pleased to
report new assays on its Blueberry Contact Zone including intercepts of 9.79 g/t gold over 25.00 metres including 161 g/t gold over 1.3 metres. Additional deeper
tests of the Blueberry Contact Zone have extended mineralization to a total vertical depth of 390 metres. The Blueberry Contact Zone is located 2 kilometres
north-northeast of the past-producing high-grade
Scottie Gold Mine
, 35 kilometres north of the town of
Stewart, BC
, along the Granduc Road. The Blueberry
Contact Zone is 100% owned and royalty free.
Table 1:
Selected results from new drill assay results (uncut) from the Blueberry Contact Zone.
Drill Hole
From
(m)
To
(m)
Width*
(m)
Gold
(g/t)
Silver
(g/t)
SR22-157
108.4
109.7
1.30
3.36
10.0
SR22-157
353
354
1.00
2.44
21.0
SR22-157
372.5
374
1.50
2.10
10.0
SR22-157
398.6
401.1
2.50
2.57
3.00
SR22-157
437.5
439.2
1.70
1.21
5.00
SR22-159
9.5
12
2.50
1.99
15.4
SR22-159
16.5
18
1.50
1.76
26.0
SR22-159
24
25.5
1.50
2.76
6.00
SR22-159
57
59
2.00
4.21
4.50
SR22-168
149
153.5
4.50
11.3
37.7
SR22-168
198
223
25.00
9.79
6.88
SR22-168
including
200.9
204
3.10
10.1
3.00
SR22-168
and
217.55
218.85
1.30
161
100
SR22-168
234
238.15
4.15
3.37
10.7
SR22-168
247.8
251.75
3.95
1.47
11.3
SR22-171
204.5
206.8
2.30
13.5
13.0
SR22-178
242.48
246
3.52
1.78
12.1
SR22-189
291.53
298
6.47
3.48
0.00
SR22-189
295.8
298
2.20
7.98
0.00
*
True thicknesses of mineralized intercepts are undetermined
President and CEO,
Brad Rourke
: "Results from Blueberry continue to support continuity of gold mineralization along more than 1.45 kilometres, and now to a
depth of 390 metres, which remains open along strike and at depth. The success ratio of drilling the Blueberry Contact Zone thus far has been remarkable, the
more that we drill the more compelling the target becomes."
Figure 1: Segmented vertical long section of the Blueberry Contact Zone and plan view illustrating the distribution of the sections. Highlighting the distribution and
status of drilled targets from the 2022 season and the reported results thus far, grade contour model was created from pre-2022 drilling of the structure. (CNW
Group/Scottie Resources Corp.)
About the Blueberry Contact Zone
The Blueberry Zone is located just 2 kilometres 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 metres and its depth to 225 metres. 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 metres. The Blueberry Zone is located on the Granduc
Road, 20 kilometres north of the Ascot Resources' Premier Project, which is in the process of refurbishing their mill. Newcrest's Brucejack Mine is located 25
kilometres 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.
Quality Assurance and Control
Results from samples taken during the 2022 field season were analyzed 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.
ABOUT SCOTTIE RESOURCES CORP.
Scottie owns a 100% interest in the Scottie Gold Mine Property which includes the Blueberry Zone and the high-grade, past-producing
Scottie Gold Mine
. 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 59,000 hectares 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 10-NOV-22