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SCOTTIE RESOURCES INTERCEPTS 8.78 G/T GOLD OVER 9.00 M AND 12.2 G/T OVER 3.47 M AT BLUEBERRY CONTACT ZONE

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Scottie Resources has reported new assays from its 2024 drill program at the Scottie Gold Mine Project in British Columbia's Golden Triangle. Key highlights include intercepts of 8.78 g/t gold over 9.00 metres and 12.2 g/t gold over 3.47 metres at the Blueberry Contact Zone. The company also reported 12.0 g/t gold over 2.70 metres at a shallow depth of 17.5m in the Road vein zone. These results are part of the initial findings from their 10,000-metre drilling program, with more results pending. The company expects to release its maiden resource estimate in early Q2 2025.

Scottie Resources ha riportato nuovi risultati dai campioni del suo programma di perforazione 2024 presso il Scottie Gold Mine Project nel Golden Triangle della Columbia Britannica. I punti salienti includono intercettazioni di 8,78 g/t di oro su 9,00 metri e 12,2 g/t di oro su 3,47 metri nella Blueberry Contact Zone. La società ha anche segnalato 12,0 g/t di oro su 2,70 metri a una profondità di 17,5 metri nella zona del vein Road. Questi risultati fanno parte delle scoperte iniziali del loro programma di perforazione di 10.000 metri, con ulteriori risultati in arrivo. L'azienda prevede di rilasciare la sua prima stima delle risorse all'inizio del secondo trimestre del 2025.

Scottie Resources ha informado nuevos ensayos de su programa de perforación 2024 en el Scottie Gold Mine Project en el Triángulo Dorado de Columbia Británica. Los puntos clave incluyen intercepciones de 8,78 g/t de oro sobre 9,00 metros y 12,2 g/t de oro sobre 3,47 metros en la Zona de Contacto Blueberry. La empresa también reportó 12,0 g/t de oro sobre 2,70 metros a una profundidad de 17,5m en la zona de venas Road. Estos resultados son parte de los hallazgos iniciales de su programa de perforación de 10,000 metros, con más resultados pendientes. La empresa espera publicar su primera estimación de recursos a principios del segundo trimestre de 2025.

Scottie Resources는 브리티시컬럼비아의 골든 트라이앵글에 위치한 Scottie Gold Mine Project에서 2024년 시추 프로그램의 새로운 샘플들을 보고했습니다. 주요 하이라이트로는 Blueberry Contact Zone에서 9.00 미터에 대해 8.78 g/t 금3.47 미터에 대해 12.2 g/t 금의 탐지가 포함되고, Road vein zone에서는 17.5m의 얕은 깊이에서 2.70 미터에 대해 12.0 g/t 금을 보고했습니다. 이러한 결과는 그들의 10,000미터 시추 프로그램의 초기 발견 부분으로, 더 많은 결과가 대기 중입니다. 이 회사는 2025년 2분기 초에 첫 자원 추정치를 발표할 것으로 예상하고 있습니다.

Scottie Resources a rapporté de nouveaux résultats d'analyses de son programme de forage 2024 au Scottie Gold Mine Project dans le Golden Triangle de la Colombie-Britannique. Les faits marquants incluent des interceptions de 8,78 g/t d'or sur 9,00 mètres et 12,2 g/t d'or sur 3,47 mètres dans la Zone de Contact Blueberry. L'entreprise a également signalé 12,0 g/t d'or sur 2,70 mètres à une profondeur de 17,5 m dans la zone de vein Road. Ces résultats font partie des constats initiaux de leur programme de forage de 10 000 mètres, avec d'autres résultats en attente. L'entreprise s'attend à publier sa première estimation des ressources au début du deuxième trimestre 2025.

Scottie Resources hat neue Bohrergebnisse aus seinem Bohrprogramm 2024 im Scottie Gold Mine Project im Golden Triangle von British Columbia gemeldet. Zu den wichtigsten Highlights gehören der Nachweis von 8,78 g/t Gold über 9,00 Meter und 12,2 g/t Gold über 3,47 Meter in der Blueberry Contact Zone. Das Unternehmen berichtete auch von 12,0 g/t Gold über 2,70 Meter in einer geringen Tiefe von 17,5 m im Road vein zone. Diese Ergebnisse sind Teil der ersten Funde aus ihrem 10.000-Meter-Bohrprogramm, weitere Ergebnisse stehen noch aus. Das Unternehmen erwartet, dass es zu Beginn des zweiten Quartals 2025 eine erste Ressourcenschätzung veröffentlichen wird.

Positive
  • High-grade gold intercepts with 8.78 g/t over 9.00m and 12.2 g/t over 3.47m
  • Successful near-surface mineralization with 12.0 g/t gold at 17.5m depth
  • Maiden resource estimate planned for early Q2 2025
  • Expansion of mineralized zones with multiple high-grade intersections
Negative
  • True width of the intervals not yet established by drilling
  • Results to early season expansionary drill targets

VANCOUVER, BC, Oct. 24, 2024 /PRNewswire/ - Scottie Resources Corp. ("Scottie" or the "Company") (TSXV: SCOT) (OTCQB: SCTSF) (FSE: SR8) is pleased to report new assays on the Scottie Gold Mine Project in British Columbia's Golden Triangle, including several high-grade intercepts on the Road, Fifi, and Lemoffe vein zones along the Blueberry Contact. The Scottie Gold Mine Project, which includes the 100% owned historic mine, and the adjacent Blueberry Contact Zone, is located 35 kilometres north of the town of Stewart, BC, along the Granduc Road.

Highlights:

  • BCZ – Fifi / Lemoffe vein zone drillhole SR24-321 intersected 8.78 grams per tonne (g/t) gold over 9.00 metres (m) including 30.9 g/t gold over 1.00 m and intersected 12.2 g/t gold over 3.47 m (Table 1, Figures 2,3)
  • BCZ – near surface Road vein zone drillhole SR24-320 12.0 g/t gold over 2.70 m at a vertical depth of 17.5 m
  • BCZ - Blueberry vein zone drillhole SR24-317 intersected 6.87 g/t gold over 4.00 m in a wider zone of 2.95 g/t gold over 14.31 m (Table 1, Figures 2,3)
  • These new assays represent the first results from the 10,000 m 2024 drill program, additional results will be released as they are received

President and CEO, Brad Rourke commented: "Initial results from this season's 10,000 metre program continue to expand our Blueberry and D Zone targets. We look forward to including these and the forthcoming results into our maiden resource, which we expect to be able to release in early Q2 2025."

Table 1: Selected results from new drill assays (uncut) from the Blueberry Contact Zone (BCZ).

Drill Hole


From
(m)

To

(m)

Width*
(m)

Gold
(g/t)

Silver
(g/t)

Zone

SR24-317


247.69

262.00

14.31

2.95

1.45

BCZ - Road /
Blueberry

including

247.69

248.70

1.01

12.8

7.00

and including

258.00

262.00

4.00

6.87

9.00

SR24-319


188.00

189.30

1.30

1.06

83

BCZ – Lakebed Gap

SR24-320


19.15

21.85

2.70

12.0

1.96

BCZ - Road

SR24-321


87.00

96.00

9.00

8.78

37.00

BCZ - Fifi / Lemoffe

including

88.00

93.00

5.00

13.1

4.40

and including

92.00

93.00

1.00

30.9

7.00


168.98

172.45

3.47

12.2

3.85

including

170.00

171.20

1.20

24.2

8.00

SR24-322


132.20

136.50

4.30

1.89

4.30

BCZ - Lakebed

SR24-324


215.00

216.00

1.00

7.10

8.00

D Zone


223.00

224.00

1.00

2.46

55.00

SR24-325


72.50

73.50

1.00

4.22

45.00

BCZ - Gully


83.00

85.00

2.00

3.36

6.50


113.70

114.70

1.00

1.53

9.00

SR24-326


147.00

148.00

1.00

1.25

2.00

D Zone


200.90

202.00

1.10

5.52

3.00

SR24-328


14.00

16.00

2.00

1.05

0.00

D Zone

*True width of the intervals has not yet been established by drilling

 

Figure 1: Overview plan view map of the Scottie Gold Mine Project, illustrating known mineralized zones along the margin of the Texas Creek intrusive, and the collars and traces of the 2024 drill holes. (CNW Group/Scottie Resources Corp.)

The presented results represent early season, expansionary drill targets along the Blueberry Contact Zone and the D Zone. Expansionary drilling on the Blueberry Contact zone in 2024 targeted projected high-grade structurally hosted mineralization at depths of < 300 metres, in areas that would have a high confidence of being included in the upcoming resource estimate. Drilling of the D Zone sought to both confirm the orientations of previously identified gold bearing vein structures and increase the lateral and downdip drilled extent. The results from these first drill holes improved the understanding of mineralization at both locations and demonstrate the exploration upside of continued work around these two target areas.

About the Scottie Gold Mine Project

Exploration of the Scottie Gold Mine Project over the past 5 years has produced exceptional drill results through the discovery of high-grade gold in four new zones (Blueberry Contact Zone, Domino, D-Zone, P-Zone) and the expansion of previously drill confirmed targets (Scottie Gold Mine, C-Zone, Bend Vein, Stockwork). When depicted on a map of property scale geology (Figure 1) there is a clear spatial relation between the outcropping and drill-confirmed high-grade gold targets and the contact with the Jurassic aged, Texas Creek Plutonic suite intrusion. Geological work in the area has established strong connections between the various deposits. The chemical, mineralogical, structural, and age relationships of the deposits and host rocks support a genetic model whereby all deposits are linked to the same mineralizing event.

Figure 2: Overview plan view map of the Blueberry Contact Zone, illustrating the locations of the reported drill results, cross-section (Figure 5), and the distribution of the modelled sulphide-rich cross-structures. (CNW Group/Scottie Resources Corp.)

About the Blueberry Contact Zone

The Blueberry Contact Zone is located just 2 kilometres northeast of the 100% owned, past-producing Scottie Gold Mine (SGM) 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 N-S oriented zone adjacent to the main Blueberry Vein. The drill results received from 2020 - 2023, coupled with surficial mapping and sampling suggest that the N-S mineralized trend is a first order structure that hosts an array of SW-trending, sub-parallel, sulphide-rich veins that obliquely crosscut it which host high-grade gold. As of the end of 2024, the extent of the N-S zone, defined by the contact between andesite and siltstone units of the Hazelton Formation and the presence of the cross-cutting sulfide-rich structures, has a drilled strike length of >1,550 metres and has been tested to >525 metres depth. The Blueberry Contact Zone is located on the Granduc Road, 20 kilometres north of the Ascot Resources' Premier Mine. Newmont's Brucejack Mine is located 25 kilometres to the north.

Figure 3: Segmented vertical long section of the Blueberry Contact Zone illustrating the distribution and status of drilled targets from the 2024 season and the reported results thus far, relative to intercepts from previous drilling campaigns. (CNW Group/Scottie Resources Corp.)

Figure 4: Detailed plan view map of the D Zone target, illustrating the locations of the reported drill results, cross-section (Figure 5), historic and current drill results, and the distribution of the modelled sulphide-rich cross-structures. (CNW Group/Scottie Resources Corp.)

About the D Zone

The D Zone is located approximately halfway between the Blueberry Vein and the past-producing Scottie Gold Mine. Prior to Scottie's involvement the historic work on the zone included geological mapping, rock and chip sampling and limited drilling. Mineralization is vein controlled and is comparable to the vein types observed at both the SGM as well as the Blueberry Vein, but is entirely hosted in the andesite (like SGM). Historic drilling on the D Zone failed to produce results comparable to the numerous high-grade surficial samples associated with the zone (up to 53 g/t gold), likely due to poor targeting of the primary mineralized structure which is obscured by steep terrain and heavy vegetation. However, reinterpretation of existing data and exploration drilling by Scottie in 2022 revealed high-grade vein-controlled mineralization at D Zone, returning grades of 31.8 g/t Au over 4.00 metres and 6.82 g/t Au over 6.85 metres. The surficial expressions of the D Zone overlies an access tunnel which connects the A portal to the Scottie Gold Mine, that was put into reduce avalanche risk during the mine's operation (Figure 1).

Figure 5: Cross-section displaying D Zone vein intercepts from drill holes SR24-324 and 326. (CNW Group/Scottie Resources Corp.)

Quality Assurance and Control

Results from samples taken during the 2024 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 gold). 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.

Dr. Thomas Mumford, P.Geo., 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 Scottie Gold Mine Property which includes the Blueberry Contact 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 and Tide North properties. Altogether Scottie Resources holds approximately 58,500 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.

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.

 

Cision View original content to download multimedia:https://www.prnewswire.com/news-releases/scottie-resources-intercepts-8-78-gt-gold-over-9-00-m-and-12-2-gt-over-3-47-m-at-blueberry-contact-zone-302285696.html

SOURCE Scottie Resources Corp.

FAQ

What are the latest gold intercepts reported by Scottie Resources (SCTSF) in October 2024?

Scottie Resources reported intercepts of 8.78 g/t gold over 9.00 metres and 12.2 g/t gold over 3.47 metres at the Blueberry Contact Zone, along with 12.0 g/t gold over 2.70 metres in the Road vein zone.

When will Scottie Resources (SCTSF) release its maiden resource estimate?

Scottie Resources expects to release its maiden resource estimate in early Q2 2025.

What is the size of Scottie Resources' (SCTSF) 2024 drill program?

Scottie Resources is conducting a 10,000-metre drill program in 2024, with these results representing the first batch of assays.

SCOTTIE RES CORP.

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