Strategic Exploration of BC’s World-Class Golden Triangle
The process of discovering, developing and mining gold can be costly when exploring in areas with unproven gold deposits. For many junior mining companies, success is directly tied to their ability to rapidly discover and mine gold. That’s why one of the most reliable and cost-effective strategies involves tapping into proven gold mining regions to drive even more value out of historical deposits and nearby areas.
Scottie Resources (TSXV:SCOT,FWB:SR8,OTCQB: SCTSF) is an exploration company that is focused on the acquisition and evaluation of gold and silver properties located within British Columbia’s world-class Golden Triangle, a 500 kilometer belt of mineralization in which over 130 million ounces of gold, 800 million ounces of silver and 40 billion pounds of copper have already been discovered, and there’s likely much more left to find.
The company intends to strategically acquire undervalued, historic properties within the Golden Triangle while relying on modern exploration tools and techniques, including data interpretation and 3D modeling. Scottie Resources owns 100 percent interest in the Scottie gold mine and a number of other properties, all of which are located in the heart of the Golden Triangle, totaling 25,360 hectares of prospective ground.
The company’s fully owned Scottie gold mine is a past-producing mine that operated between 1981 and 1985, generating 95,426 ounces of gold at an average recovered grade of 16.2 grams per tonne (g/t). The mine’s success was achieved in spite of limited technology as well as little to no exploration drilling on the property. A number of high-grade mineralized veins have been identified at surface but have never been drilled. The deposit remains open along strike and at depth, indicating significant potential for multiple parallel mineralization structures.
The Scottie gold mine property benefits from significant infrastructure and access, including an existing underground mill, six portals, shafts, a rail system and seven kilometers of drifts. The property is fully road-accessible year-round through the Salmon Glacier Road and is a mere 1 kilometer west from the Brucejack mine extension of the Northwest Transmission Line (NTL). The property is 20 km south of Pretium’s (TSX:PVG) Brucejack mine and 14 km north of Ascot’s (TSX:AOT) Premier mine.
In July 2020, the company commenced a 7,000 meter gold exploration drill program that followed up on high-probability targets identified in the fall of 2019, including the Blueberry vein, Scottie gold mine and the Domino zone. In 2019, a 2,000 meter drill program intersected 7.44 g/t gold over 34.78 meters within the Blueberry vein. A single hole drilled along a step out from the Scottie gold mine returned 11.72 g/t gold over 10.95 meters. Located 2 kilometers west of the Scottie gold mine, first pass surficial sampling of the Domino zone returned nine samples over 5 g/t gold, including one sample grading 536 g/t gold, and a 5.3 meter chip sample averaging 10.5 g/t gold.
The 2020 exploration program returned multiple high-grade results both from drilling and surface sampling. In October 2020, the company reported initial drill results in the O-Zone of the Scottie gold mine, including findings of up to 109.4 g/t gold and 32.4 g/t silver over 2.53 meters. In December, the company discovered a new mineralization trend at the Blueberry zone with intercepts of up to 22.3 g/t gold over 6.1 m and 8.96 g/t gold over 13.7 m. In January, surficial sampling revealed three new high-grade gold showings at the Domino zone, and when combined with geophysical surveys, increased the extend of the known mineralized zone by almost 50 percent.
The Scottie Resources management team brings decades of experience across all aspects of mining and production, including expertise specific to the Golden Triangle in addition to a global track record of success.
Scottie Resources’ Company Highlights
- Scottie Resources is an exploration company focused on gold and silver properties within British Columbia’s Golden Triangle, where over 130 million ounces of gold, 800 million ounces of silver and 40 billion pounds of copper have been discovered.
- The company owns 100 percent interest in the Scottie gold mine and surrounding properties, totaling 25,360 hectares of highly prospective ground.
- The company’s fully owned Scottie gold mine is a past-producing mine that generated 95,426 ounces of gold at an average grade of 16.2 grams per tonne.
- The mine benefits from significant infrastructure and access, including an existing underground mill.
- In July 2020, the company commenced a 7,000 meter gold exploration drill program that followed up on high-grade targets identified the previous year.
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