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Scottie Resources Reports Intercepts of 7.0 g/t Gold over 14.40 m and 14.66 g/t Gold over 4.00 m at Blueberry Contact Zone

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Scottie Resources (SCTSF) has reported final assays from its 2024 drilling campaign at the Blueberry Contact Zone, part of the Scottie Gold Mine Project in British Columbia. The campaign, consisting of 10,270 metres of diamond drilling, yielded significant high-grade gold intercepts.

Key results include drillhole SR24-357 intersecting 7.00 g/t gold over 14.40 m (including 47.40 g/t gold over 2.00 m), and SR24-359 yielding 14.66 g/t gold over 4.00 m (including 52.60 g/t gold over 1.00 m). The Blueberry Contact Zone now has a drilled strike length exceeding 1,550 metres and has been tested to depths greater than 525 metres.

The company is fully funded for 2025 and plans to include these results in their upcoming maiden resource estimate.

Scottie Resources (SCTSF) ha riportato gli assaggi finali della sua campagna di perforazione 2024 nella Blueberry Contact Zone, parte del progetto della Scottie Gold Mine in Columbia Britannica. La campagna, che consiste in 10.270 metri di perforazione a diamante, ha prodotto importanti intercettazioni di oro ad alta qualità.

I risultati chiave includono il foro di perforazione SR24-357 che ha intercettato 7,00 g/t di oro su 14,40 m (inclusi 47,40 g/t di oro su 2,00 m), e il SR24-359 che ha registrato 14,66 g/t di oro su 4,00 m (inclusi 52,60 g/t di oro su 1,00 m). La Blueberry Contact Zone ha ora una lunghezza di tracciato perforato che supera i 1.550 metri ed è stata testata a profondità superiori a 525 metri.

La società è completamente finanziata per il 2025 e prevede di includere questi risultati nella sua prossima stima delle risorse iniziali.

Scottie Resources (SCTSF) ha reportado los ensayos finales de su campaña de perforación 2024 en la Zona de Contacto Blueberry, parte del proyecto de la Mina de Oro Scottie en Columbia Británica. La campaña, que consiste en 10.270 metros de perforación diamantina, ha yield una interceptación significativa de oro de alta ley.

Los resultados clave incluyen el taladro SR24-357, que intersectó 7,00 g/t de oro sobre 14,40 m (incluyendo 47,40 g/t de oro sobre 2,00 m), y el SR24-359, que yield 14,66 g/t de oro sobre 4,00 m (incluyendo 52,60 g/t de oro sobre 1,00 m). La Zona de Contacto Blueberry tiene ahora una longitud de trazo perforado que excede los 1.550 metros y se ha probado a profundidades mayores a 525 metros.

La empresa está completamente financiada para 2025 y planea incluir estos resultados en su próxima estimación inicial de recursos.

Scottie Resources (SCTSF)는 브리티시컬럼비아주 스코티 금광 프로젝트의 블루베리 접촉 지대에서 2024년 드릴링 캠페인의 최종 분석 결과를 보고했습니다. 이 캠페인은 10,270미터의 다이아몬드 드릴링으로 이루어졌으며, 상당한 고품질 금의 인터셉트를 확보했습니다.

주요 결과는 SR24-357 홀에서 14.40m 구간에 대해 7.00 g/t 금을(를) 인터셉트했고(여기에는 2.00m 구간에 대해 47.40 g/t 금 포함), SR24-359는 4.00m 구간에 대해 14.66 g/t 금을(를) 기록했습니다(여기에는 1.00m 구간에 대해 52.60 g/t 금 포함). 블루베리 접촉 지대는 현재 1,550미터를 초과하는 구간이 드릴링되었으며 525미터 이상의 깊이에서 시험되었습니다.

회사는 2025년까지 완전히 자금이 지원되어 있으며, 이 결과를 다가오는 최초의 자원 추정에 포함할 계획입니다.

Scottie Resources (SCTSF) a rapporté les analyses finales de sa campagne de forage 2024 dans la Zone de Contact Blueberry, partie du projet de la Mine d'Or Scottie en Colombie-Britannique. La campagne, consistant en 10 270 mètres de forage à diamant, a donné des intercepts significatifs d'or de haute qualité.

Les résultats clés incluent le trou de forage SR24-357 qui a intersecté 7,00 g/t d'or sur 14,40 m (y compris 47,40 g/t d'or sur 2,00 m), et SR24-359 qui a donné 14,66 g/t d'or sur 4,00 m (y compris 52,60 g/t d'or sur 1,00 m). La Zone de Contact Blueberry a désormais une longueur de tranchée forée de plus de 1 550 mètres et a été testée à des profondeurs supérieures à 525 mètres.

L'entreprise est entièrement financée pour 2025 et prévoit d'inclure ces résultats dans sa prochaine estimation initiale des ressources.

Scottie Resources (SCTSF) hat die endgültigen Analysen seiner Bohrkampagne 2024 in der Blueberry Contact Zone, einem Teil des Scottie Gold Mine Projekts in British Columbia, bekanntgegeben. Die Kampagne umfasste 10.270 Meter Diamantbohrungen und brachte bedeutende hochgradige Goldabschnitte hervor.

Wesentliche Ergebnisse sind das Bohrloch SR24-357, das 7,00 g/t Gold über 14,40 m (einschließlich 47,40 g/t Gold über 2,00 m) durchschnitt, sowie SR24-359, das 14,66 g/t Gold über 4,00 m (einschließlich 52,60 g/t Gold über 1,00 m) ergab. Die Blueberry Contact Zone hat nun eine gebohrte Streckenlänge von über 1.550 Metern und wurde in Tiefen von mehr als 525 Metern getestet.

Das Unternehmen ist vollständig für 2025 finanziert und plant, diese Ergebnisse in seine bevorstehende erste Ressourcenschätzung einzubeziehen.

Positive
  • High-grade gold intercepts: 7.00 g/t over 14.40m and 14.66 g/t over 4.00m
  • Extensive drilling coverage with 10,270 metres completed
  • Blueberry Contact Zone expanded to >1,550m strike length
  • Company is fully funded for 2025 exploration
  • Maiden resource estimate upcoming
Negative
  • None.

Vancouver, British Columbia--(Newsfile Corp. - January 28, 2025) - Scottie Resources Corp. (TSXV: SCOT) (OTCQB: SCTSF) (FSE:SR8) ("Scottie" or the "Company") is pleased to report the final assays from its 2024 drilling campaign, including multiple high-grade gold intercepts on Blueberry Contact vein zones. 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:

  • 2024 drill campaign consisted of 10,270 metres (m) of diamond drilling, particularly focused on expansion of the Blueberry Contact Zone and characterizing the resource of the Scottie Gold Mine deposit
  • Blueberry Contact drillhole SR24-357 intersected 7.00 grams per tonne (g/t) gold over 14.40 m including 47.40 g/t gold over 2.00 m at the Fifi vein zone (Table 1, Figures 1, 2, 3)

  • Blueberry Contact drillhole SR24-359 intersected 14.66 g/t gold over 4.00 m including 52.60 g/t gold over 1.00 m at the Road vein zone, and 4.81 g/t gold over 8.00 m including 10.83 g/t gold over 3.00 m at the at the BB vein zone. The hole also intercepted 35.0 g/t gold over 1.00 m on the Fifi vein zone (Table 1, Figures 1, 2, 4)

  • Blueberry Contact drillhole SR24-358 intersected 12.40 g/t gold over 1.00 m at the Lemoffe vein zone (Table 1, Figures 1 ,2)

President and CEO, Brad Rourke commented: "These final drill results from this season's program continue to demonstrate the continuity and high-grade nature of the deposits in the Scottie Gold Mine Project. These released Blueberry intercepts represent the impressive grades and widths that this structure continues to yield. We look forward to including these results into our maiden resource estimate in the coming months. Fully funded for 2025, we are actively planning this year's exploration and drill program to further advance the Scottie Gold Mine Project. We thank our shareholders for their continued support as we complete this important project milestone."

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

Drill Hole
From
(m)
To
(m)
Width*
(m)
Gold
(g/t)
Silver
(g/t)
Sub
Zone
SR24-357
228.00229.501.501.070.0Fifi

249.40250.501.101.660.0Fifi

278.50292.9014.407.001.4Fifi
including290.90292.902.0047.4010.0Fifi
SR24-358
367.50368.501.0012.403.0Lemoffe
SR24-359
17.2023.005.807.620.0Road

38.0041.003.000.990.0Road

48.0052.004.0014.665.3Road
including50.0051.001.0052.6016.0Road

70.0071.001.001.200.0Road

141.00143.502.503.356.4BB vein

198.00206.008.004.811.1BB vein
including198.00201.003.0010.833.0BB vein

269.00272.003.003.700.0Fifi

381.50382.501.0035.007.0Fifi

399.00401.002.002.3252.0Lemoffe
*True width of the intervals has not yet been established by drilling

 

This release constitutes the final results from Scottie Resources 2024 drill campaign; all significant intercepts have now been reported.

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 - 2024, 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.

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Figure 1: Overview plan view map of the Blueberry Contact Zone, illustrating the locations of the reported drill results and cross-sections (Figures 3 and 4), and the distribution of the modelled sulphide-rich cross-structures.

To view an enhanced version of this graphic, please visit:
https://images.newsfilecorp.com/files/11118/238651_43fa2a2644ab7896_004full.jpg

Cannot view this image? Visit: https://images.newsfilecorp.com/files/11118/238651_43fa2a2644ab7896_005.jpg

Figure 2: 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.

To view an enhanced version of this graphic, please visit:
https://images.newsfilecorp.com/files/11118/238651_43fa2a2644ab7896_005full.jpg

About the Scottie Gold Mine Project

Mineralization on the project consists of east-west to northwest trending, steeply dipping, shear veins, that are comprised of pyrrhotite > pyrite ± quartz ± calcite. The veins are primarily hosted in a package of andesitic volcanic rocks from the Hazelton Unuk River Formation that are situated adjacent to the contact with the Summit Lake stock, part of the Texas Creek Plutonic Suite. While 13+ distinct gold-bearing vein zones have been identified on the Scottie Gold Mine Project, mine production was primarily from one vein (the M-zone).

Exploration of the Scottie Gold Mine Project over the past 6 years has produced exceptional drill results through the discovery of high-grade gold in five new zones (Blueberry Contact Zone, Domino, D-Zone, P-Zone, Wolf) and the expansion of previously drill confirmed targets (Scottie Gold Mine, C-Zone, Bend Vein, Stockwork). 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.

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Figure 3: Cross-section displaying Blueberry Contact Zone intercepts from drill hole SR24-357.

To view an enhanced version of this graphic, please visit:
https://images.newsfilecorp.com/files/11118/238651_43fa2a2644ab7896_006full.jpg

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.

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Figure 4: Cross-section displaying Blueberry Contact Zone intercepts from drill hole SR24-359.

To view an enhanced version of this graphic, please visit:
https://images.newsfilecorp.com/files/11118/238651_43fa2a2644ab7896_007full.jpg

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.

Additional Information

Brad Rourke
President and CEO
+1 250 877 9902
brad@scottieresources.com 

Gordon Robb
Business Development / IR
+1 250 217 2321
gordon@scottieresources.com

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.

To view the source version of this press release, please visit https://www.newsfilecorp.com/release/238651

FAQ

What are the latest gold intercept results from Scottie Resources (SCTSF) 2024 drilling program?

The latest results include 7.00 g/t gold over 14.40m (including 47.40 g/t over 2.00m) from hole SR24-357, and 14.66 g/t gold over 4.00m (including 52.60 g/t over 1.00m) from hole SR24-359.

How many meters were drilled in SCTSF's 2024 campaign?

The 2024 drill campaign consisted of 10,270 metres of diamond drilling.

What is the current strike length of SCTSF's Blueberry Contact Zone?

The Blueberry Contact Zone has a drilled strike length exceeding 1,550 metres and has been tested to depths greater than 525 metres.

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

The company plans to include the latest drilling results in their maiden resource estimate, which is expected in the coming months of 2025.

Where is SCTSF's Scottie Gold Mine Project located?

The Scottie Gold Mine Project is located 35 kilometres north of Stewart, BC, along the Granduc Road in Canada's Golden Triangle region.

SCOTTIE RES CORP

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