Scottie Resources Reports Initial Drill Results, Including 109.4 G/T GOLD and 32.4 G/T Silver over 2.53 Metres ON O-Zone Target
SCOTTIE RESOURCES REPORTS INITIAL DRILL RESULTS, INCLUDING 109.4 G/T
GOLD AND 32.4 G/T SILVER OVER 2.53 METRES ON O-ZONE TARGET
Vancouver, BC – October 6, 2020 – Scottie Resources Corp. (“Scottie” or the “Company”) (TSXV:
SCOT) is pleased t o report on the first assays of the 2020 drill program , including a high -grade
intercept on the Scottie Gold Mine O-Zone of 109.4 g/t gold and 32.4 g/t silver over 2.53 metres.
The Scottie Gold Mine, which operated from 1981 to 1985, milled vein material averaging 16.2 grams
per tonne gold, producing 95,426 ounces of gold from 183,147 tonnes of mineralization. Previous
exploration work has indicated 13 different gold-bearing veins on the Scottie Gold project. During the
2020 field season, Scottie completed a total of 7040 metres of diamond drilling - assays for 38 holes
are currently pending, and subsequent drill hole results will be released in batches as they become
available.
CEO, Bradley Rourke commented: “The 2020 drill results continue to intersect gold and silver
mineralization. Drilling at Blueberry and the O -Zone continues to expand mineralization down dip
and along strike beyond previous extents.”
Table 1: Selected results from Blueberry and O-zone drill holes received this season.
*true width is estimated to be 80-90% of interval width
Scottie Gold Mine O-Zone
The O-Zone is the northern most of 6 parallel mineralized 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 m etres. However, 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 since.
Drill Hole From (m) To (m) Width* (m) Gold (g/t) Silver (g/t) Area
SR20-21 223.05 223.98 0.93 1.82 8.94 Blueberry
143.00 171.74 28.74 1.79 1.66 Blueberry
including 147.00 152.00 5.00 4.97 4.02 Blueberry
and including 149.00 150.00 1.00 13.1 8.87 Blueberry
including 169.50 171.74 2.24 3.42 1.14 Blueberry
SR20-23 122.00 166.00 44.00 2.05 1.06 Blueberry
including 122.00 125.00 3.00 4.24 3.11 Blueberry
including 142.50 143.50 1.00 30.50 6.87 Blueberry
including 165.00 166.00 1.00 9.50 0.36 Blueberry
SR20-27 92.81 93.97 1.16 1.32 9.11
and including 197.97 200.5 2.53 109.4 32.4
and including 224.15 224.8 0.65 86.2 26.7
SR20-22
Scottie Gold
Mine O-Zone
Drill hole SR20-27 was designed to test a proposed ore-plunge orientation in an open direction. The
intercepted mineralization is a 30 metre down plunge step out from the nearest historical intercept
on the O-Zone. Hosted in undifferentiated andesite of the Unuk River Formation, the mineralization
intercepted in the hole occurs in a zone of intense chloritization hosting sheared semi -massive
sulphide mineralization (pyrite>pyrrhotite>galena).
Blueberry Vein
The Bow Property’s Blueberry Vein is located just 2 km NE 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 over 1.90 metres. Despite high -grade surficial samples and easy road access, the
Blueberry Vein has only limited reported drilling. 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 V ein. This near surface zone is much wider than
indicated in previous exploration models, and expansion of it was a strong focus during the 2020 drill
program. Results from drilling and mapping of the area indicates that the mineralization extends well
past the historic Blueberry Vein and into the host rock, and henceforth reported mineralization in the
vicinity will be described as the “Blueberry Zone”.
Drill holes SR20-21, 22, and 23 tested the continuity of the mineralized zone discovered in 2019.
Step outs were between 25 to 50 metres, in both vertical and lateral directions from the 2019
discovery. Intersections of the structure in holes SR20-22 and 23 suggest that the ore shoot plunges
moderately to the north, and contains high -grade intervals (13.1 g/t gold over 1 m etre), located in
broader zones of mineralization (1.79 g/t gold over 28.74 m etres). A total 1609 metres in 11 holes
were drilled into the Blueberry Zone during 2020.
Quality Assurance and Control
Results from samples were analyzed at MSALABS in Langley, Canada (an ISO 9001 accredited
facility). The sampling program was undertaken by Company personnel 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 48 element ICP -MS analysis w as
conducted on all samples with silver and base metal over -limits be ing 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 Cambria
Project properties and the Sulu property. Scottie Resources holds more than 25,000 ha of mineral
claims in the Golden Triangle.
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.
Further information on Scottie can be found on the Company’s website at
http://www.scottieresources.com and at www.sedar.com, or by contacting Bradley Rourke, President
and CEO at (250) 877-9902 or Rahim Lakha, Corporate Development at (416) 414-9954.
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”, “poten tial” 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.