Brad Rourke, President and CEO of Scottie Resources (TSX.V:SCOT – OTCQB:SCTSF), joins us to review the recent assay results at the Blueberry Contact Zone and around the Scottie Gold Mine area, from this year’s 10,000 meter drill program located in the Golden Triangle of British Columbia. We also discuss the larger Company strategy of consolidating much of the prior drilling to date along with this year’s drilling all building towards a Maiden Resource Estimate that is targeted to be out by the end of Q1.
We start off noting that the Blueberry Contact drillhole SR24-355 intersected 59.2 grams per tonne (g/t) gold over 2.50 meters (m) at the Fifi vein zone. Then Blueberry Contact drillhole SR24-356 intersected 35.2 g/t gold over 2.00 m at the Lemoffe vein zone, and 2.27 g/t gold over 8.60 m at the at the Fifi vein zone. These high-grade gold intercepts over mineable widths helped fill in remaining gaps in mineralized data and will support the calculation of Scottie’s maiden resource estimate for the Scottie Gold Mine Project.
Next we discussed more recent drill intercepts from Scottie Gold Mine area, where drillhole SR24-345 intersected 20.2 (g/t) gold over 2.60 (m) at the O Zone, and where drillhole SR24-339 intersected 9.50 g/t gold over 3.00 m at the M Zone, and 4.50 g/t gold over 4.00 m at the N Zone, including 16.7 g/t gold over 1.00 m. These O Zone, M Zone, and N Zone results will also factor into the upcoming Maiden Resource Estimate.
Brad points out that they anticipate around a million ounces of gold in their first resource estimate, but that there are still results from multiple veins and around the Blueberry Contact Zone and the Scottie Gold Mine area, along with the C and D Veins, the Golden Buckle Zone, and the Domino area that are not going to be included in the resource, because they still need more drilling density. This means there is definite upside to the mineralized inventory beyond what will show up in the first pass resource report, and those growing areas will be the focus of future drill programs. The strategy is simply to get out a study on the lowest hanging fruit for the resources thus far, and then wrap some earlier stage economics around the project with a Preliminary Economic Assessment later in the year.
If you have any questions for Brad regarding Scottie Resources, then please email them in to us at Fleck@kereport.com or Shad@kereport.com.
- In full disclosure, Shad is a shareholder of Scottie Resources at the time of this recording.
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