Welcome to our dedicated page for Scottie Res news (Ticker: SCTSF), a resource for investors and traders seeking the latest updates and insights on Scottie Res stock.
Company Overview
Scottie Resources Corp (SCTSF) is a Canadian junior mining company dedicated to the exploration and advancement of high-grade gold projects in the renowned Golden Triangle of British Columbia. The company owns a 100% interest in the historic Scottie Gold Mine Property that includes not only a past-producing gold mine but also the adjacent Blueberry Contact Zone and additional promising projects, such as the Georgia Project and Cambria Project. With a focus on expanding known mineralization near existing infrastructures and advancing near-mine high-grade targets, Scottie Resources leverages detailed geological studies and modern exploration techniques to build a potential resource base without speculating on future outcomes.
Exploration and Drilling Programs
The core of Scottie Resources’ operations is its vigorous exploration program. The company has consistently reported exceptional drill results across multiple zones, including high-grade discoveries in the Blueberry Contact Zone, the D Zone, P Zone, and more recently, the newly identified Wolf Zone. The ongoing exploration strategy uses both diamond drilling and fly-drilling methods to target complex, steeply dipping shear veins that are structurally linked to the Jurassic aged Texas Creek Plutonic suite intrusion.
Advanced Technical Initiatives
Scottie Resources employs state-of-the-art techniques such as the TerraSpec program for short-wave infrared spectroscopy, enabling the identification of mineralogical signatures that indicate proximity to high-grade ore shoots. This technical program, combined with systematic geological mapping, surficial sampling, and re-interpretation of historic core data, has provided a detailed understanding of the mineralized trends. The company further enhances its technical competence by engaging experienced market advisors and strategic financial professionals to guide its exploration and corporate initiatives.
Asset Portfolio and Geological Significance
Positioned within the mineral-rich Stewart Mining Camp in the Golden Triangle, Scottie Resources holds approximately 58,500 hectares of mineral claims. The company’s asset portfolio encompasses several historically productive sites as well as new areas with promising exploration potential. The spatial relationship between outcropping mineralization and drill-confirmed high-grade targets is well documented, supporting a genetic model where multiple deposits are linked to a singular mineralizing event. This integrated view of geology and structure enriches the company’s technical foundation and underscores its focus on resource advancement.
Quality Assurance and Operational Standards
Ensuring data integrity and methodological rigor is a cornerstone of Scottie Resources' operational philosophy. All sampling and assay procedures are conducted under stringent quality assurance protocols, often in partnership with accredited laboratories. Maintaining a secure chain-of-custody for all samples and employing standardized quantitative methods reinforces the credibility of the company’s technical data. This commitment underlines the company’s emphasis on expertise, experience, and transparency in its exploration activities.
Competitive Position and Market Context
Situated in one of the world's most prolific mineralized districts, Scottie Resources operates in a competitive landscape characterized by robust exploration activities. The company distinguishes itself through a comprehensive approach that integrates modern drilling techniques with detailed geological analysis. Furthermore, its strategic consolidation of shares and engagement with industry veterans have reinforced its operational ethos and enabled more focused marketing initiatives. These deliberate actions underscore the company’s commitment to unlocking the latent potential of its historical assets while pursuing new high-grade targets.
Investor-Oriented Insights
Scottie Resources provides a significant case study within the junior mining sector by merging historical asset performance with innovative exploration techniques. Although in the exploration stage, its methodical approach to expanding known mineralization supports the narrative of technical expertise and operational rigor. Investors and analysts benefit from understanding the company’s detailed exploration process, its adherence to high-quality sampling protocols, and its strategic positioning in a geologically favorable region.
Summary
In summary, Scottie Resources Corp demonstrates a commitment to leveraging advanced exploration methods in a highly competitive and prolific gold mining district. Its focus on quality drilling, rigorous technical programs, and a diverse portfolio of exploration targets makes it a noteworthy example of a junior mining company with a solid foundation in both science and operational execution. The comprehensive integration of geological, technical, and strategic insights ensures that the company's information remains timely, detailed, and relevant for long-term research and analysis.
Scottie Resources Corp. (OTCQB: SCTSF) reported promising assay results from its Blueberry Contact Zone, revealing strong gold grades, with an intercept of 9.79 g/t gold over 25.00 metres and a peak of 161 g/t over 1.3 metres. This mineralization extends to a depth of 390 metres and shows continuity over 1.45 kilometres. The Blueberry zone, located near the Scottie Gold Mine in British Columbia, is fully owned and royalty-free. CEO Brad Rourke noted the compelling nature of the drilling results, indicating a strong target for future exploration.
Scottie Resources Corp. (TSXV: SCOT; OTCQB: SCTSF) announced significant assay results from its Blueberry Contact Zone, revealing an intercept of 20.3 g/t gold over 2.1 metres. This extends the zone's length by 250 metres to a total of 1.45 kilometres. Additional near-surface intervals displayed grades of 8.9 g/t over 6.12 metres and 7.65 g/t over 7.53 metres. The ongoing drilling program suggests a large mineralizing system with high-grade continuity, enhancing resource potential in the area north of the Scottie Gold Mine.
Scottie Resources Corp. (OTCQB: SCTSF) announces an agreement to acquire all outstanding royalties on its wholly owned Scottie Gold Mine Project, enhancing asset valuation. The company is set to pay $1.6 million for a 3% net smelter return royalty on the Scottie Gold Mine and will issue 2.5 million shares at $0.19 for a 1.8% gross smelter return royalty on the Summit Lake property. Additionally, Scottie has expanded its Georgia Project with 6,700 hectares of staking, totaling over 16,000 hectares, targeting high-grade mineral occurrences.
Scottie Resources Corp. (SCTSF) announced promising new drill results from its Blueberry Contact Zone, including high-grade intercepts of 11.3 g/t gold over 8.60 metres and 9.12 g/t gold over 16.15 metres. The zone, located 2 km from the Scottie Gold Mine, has been tested over 1,200 metres in strike length. With over 80% of assays from the 2022 program pending, significant potential for mineral expansion exists. CEO Brad Rourke highlighted the results' consistency and step-out success, indicating a possible multi-million ounce deposit in this prolific gold region.
On September 13, 2022, Scottie Resources Corp. (SCTSF) reported significant assay results from its Blueberry Contact Zone, showing 7.07 g/t gold over 24.55 metres, increasing the depth of mineralization to 360 metres. This zone, discovered in 2019, is located 2 km north-northeast of the Scottie Gold Mine. The company plans to expand its drilling program to 16,500 metres due to positive early results, with additional deeper holes still awaiting assays. Scottie aims to enhance resource potential in the high-grade area, with ongoing drilling confirming a strong geological model.
Scottie Resources Corp. (OTCQB: SCTSF) reported promising results from its initial three drill holes in the 2022 program at the Blueberry Contact Zone, with an impressive intercept of 13.3 g/t gold over 12.5 metres, including 37.5 g/t over 2.5 metres. This area, located 2 km northeast of the Scottie Gold Mine, has seen significant expansion in previous drilling, now testing up to 1.4 kilometres in strike and depths exceeding 400 metres. The ongoing program has already covered over 10,000 metres in 53 holes this year, showcasing strong mineralization and reinforcing confidence in the zone's potential.
Scottie Resources Corp. (SCTSF) has initiated its 2022 drilling program aimed at expanding the high-grade Blueberry Contact Zone, located near the Scottie Gold Mine in British Columbia. This program follows promising results from previous years, with potential to double the strike length of the Blueberry Zone. Historical sampling has shown significant gold grades, including 103.94 g/t over 1.43 meters. The company aims to establish a larger, viable gold resource in the Golden Triangle region, known for its mineralization.
Scottie Resources Corp. (OTCQB: SCTSF) has announced a 15,000 metre drill program for its Scottie Gold Mine Project in British Columbia, set to begin in late June 2022. The program includes approximately 12,000 metres targeting the Blueberry Contact Zone and additional early-stage targets. Following promising results in 2021, the focus will be on extending mineralization and testing the depth of structures. The plan also incorporates high-resolution LiDAR and ground EM surveys to support exploration efforts at the Cambria Project, adding value to the Company's extensive mineral claims in the Golden Triangle.
Scottie Resources Corp. (SCTSF) has announced significant drilling results from the Blueberry Contact Zone, extending the mineralized structure over 720 metres and reaching a depth of 225 metres. Notable assays include 34.6 g/t gold over 11.86 metres and 4.43 g/t gold over 10.30 metres, showcasing the zone's potential for size and grade. The company plans an extensive 15,000 metres drilling program for 2022 to further explore this promising gold zone, which is strategically located near the Scottie Gold Mine in British Columbia.
Scottie Resources Corp. (SCTSF) announced promising drill results from its Scottie Gold Mine, including high-grade gold intercepts of 9.0 g/t over 7.39 metres. The exploration aims to identify additional ore shoots around the past-producing mine, which operated from 1981 to 1985. The company believes there is significant potential for a high-grade resource, targeting a total of 1M+ ounces. Historical operations produced 95,426 ounces of gold at an average recovered grade of 16.2 g/t. The company is focused on expanding mineralization in British Columbia's Golden Triangle.
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