Scottie Resources Releases Encouraging Assay Results ON Newly Discovered Kingpin and Lone Wolf Showings, Summit Lake Property, British Columbia: Grades up to 26.9 G/T GOLD and 884 G/T Silver
SCOTTIE RESOURCES RELEASES ENCOURAGING ASSAY RESULTS ON NEWLY DISCOVERED KINGPIN
AND LONE WOLF SHOWINGS, SUMMIT LAKE PROPERTY, BRITISH COLUMBIA: Grades up to 26.9 g/t
Gold and 884 g/t Silver
Vancouver, British Columbia, December 1 7, 2019 – Scottie Resources Corp. (“ Scottie” or the
“Company”) (TSXV: SCO T) is pleased to provide report assay results from two new showings (Kingpin
and Lone Wolf) discovered during the 2019 expl oration program. Grades from the two new showings
range up to 26.9 g/t gold and 370 g/ t silver. The Summit Lake Property surrounds the 100% owned ,
past-producing Scottie Gold Mine located in British Columbia’s Golden Triangle.
Table 1 – Select 2019 grab samples from Kingpin, Lone Wolf and 6 oz Zone Showings
Sample
Number Gold (g/t) Silver (g/t) Copper (%) Lead (%) Zinc (%)
Kingpin
Y610790 1.695 67 0.363 1.79 1.07
Y610791 26.9 168 0.043 1.95 1.18
Y610794 1.54 237 0.138 1.2 0.793
Y610796 2.53 166 0.331 2.13 2.81
Y611631 8.33 198 0.127 4.39 0.422
Y611636 3.6 223 0.409 5.43 6.7
Y611637 12.8 370 0.754 4.13 0.933
6 oz Zone
Y611045 0.642 32.6 0.03 0.662 0.314
Y611047 2.05 14.2 0.016 0.174 0.111
Y611069 51.6 424 0.379 6.52 6.56
Y611071 6.14 213 0.13 4.97 0.513
Y611073 2.5 4.6 0.006 0.1 0.228
Y611083 1.19 121 0.179 0.482 0.626
Y611084 0.214 125 0.065 16.1 0.152
Lone Wolf
Y610551 1.03 12.9 0.085 0.032 0.375
Y610815 0.474 19.2 0.009 1.13 4.1
Y610817 4.04 90 0.234 0.149 1.83
Y610819 0.289 33 0.183 0.168 0.153
Other zones
Y611608 9.78 16.1 0.104 0.008 0.014
Y611611 10.95 37 0.124 2.27 1.1
Y611619 3.64 884 0.871 0.363 0.703
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“These two new showing further illustrate the extent and high-grade nature of mineralization prevalent
on the Summit Lake property” said Dr. Thomas Mumford, the Company’s VP, Exploration, “This summer
was extremely productive at finding new high-grade discoveries on surface, and we look forward to drill
testing many of these targets next year while continuing to perform surficial work on this exciting land
package.”
The discovery of the su lphide-bearing mineralization at the Kingpin and Lone Wolf showings (reported
August 27, 2019) was a result of mapping in areas of subjected to recent glacial retreat. The Lone Wolf
showing is loc ated just 300 west of t he E-W striking M-zone in the past -producing Scottie Gol d Mine
(95,426 oz of gold at a recovered grade of 16.2 g/t).
Figure 1 – 2019 Grab sa mpling of Kingpin, Lone Wolf and 6 oz Zone Showings on the S ummit Lake and
Scottie Gold Mine Properties
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In addition to the Kingpin and Lone Wo lf showings, select high-grade assay data is prese nted here for
the follow-up sampling around the 6 oz Zone, and other sampling done in the area (grades up to 51.6
g/t Gold and 424 g/t Silver. The 6 oz Zone, discovered in 2016 , was named after a float sample which
graded 187 g/t (6 oz ’s) that was recove red from a steep gully . Upslope of the float sample, multiple
sulphide bearing veins were identified and sampled during the 2019 field s eason. It is possible that th e
primary source vein may still be overlain by the adjacent glacier to the west (Figure 1).
Overall, these assay results - combined with previous releases on the Summit Lake p roperty (August 27
/ November 14 / December 5) - have proven the Summit Lake property to be exceptionally imbued with
high-grade mineralization. The 2020 e xploration program on the Summit Lake p roperty will drill test
multiple well defined targets; follow-up sampling and detailed mapping will advance other prospective
areas in order to delineate drill targets for future programs.
A portion of the claims in the Summit Lake Property are subject to a 1.8% gross smelter return, of which
the Company can purchase up to 0.8% for $1,000,000 at any time.
Quality Assurance and Control
Results from samples were analyzed at ALS Global Laboratorie s (Geochemistry Division) in Vancouver,
Canada (an ISO 9001:2008 accredited facility) . The sampling program was undertaken by Company
personnel under the direction of Thomas Mumford. A secure chain of c ustody is maintained in
transporting and storing of al l sam ples. Gold was assayed using a fire assay with ato mic absorption
spectrometry an d gravimetric finish when required (+10 g/t Au). Indiv idual grab samples taken during
the project rep resent point loc ations in th e field, and were typically collected from rocks covering an
area of less than 0.5 m2. Grab samples from outcrop/bedrock are se lective by nature and they may not
be representative of the mineralization hosted on the project.
Thomas M umford, Ph.D., P.Geo and V P Exploration o f Scottie, a qualifie d pers on un der 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 property and has the
option to purchase a 100% inter est in the Bow p roperty and the Summit Lake claims which are
contiguous with the Scottie Gold Mine property . Scottie owns 100% intere sts in the Ruby Silver and
Black Hills properties and has the option to purchase a 100% interest in the Bitter Creek property which
joins the Ruby Silver property with the Black Hills property.
All of t he Company ’s properties are lo cated i n the area know n as the Golden Triangle of Br itish
Columbia which is among the world’s most prolific mineralized districts.
Further information on Scottie can be found on the C ompany’s website at www. scottieresources.com
and at www.sedar.com, or by contacting Bradley Rourke, President and CEO at (250) 877-9902.
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ON BEHALF OF THE BOARD OF DIRECTORS
“Bradley Rourke”
President & CEO
FORWARD LOOKING STATEMENTS
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