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Scout Minerals Completes Phase 1 Field Work at the North Mckinney Property, British Columbia
Vancouver, British Columbia – TheNewswire - November 15, 2022 – Scout Minerals Corp. (CSE:SCTM) (“Scout” or the “Company”) is pleased to announce the completion
About this update from Eureka Metals Corp.
[{"type":"text","content":"Vancouver, British Columbia – TheNewswire - November 15, 2022 – Scout Minerals Corp. (CSE:SCTM) (“Scout” or the “Company”) is pleased to announce the completion of field work in the phase 1 program at the North McKinney exploration property (the “McKinney Property”, or the “Property”). The McKinney Property is located on the southeast slope of Mt. Baldy in southern British Columbia, approximately 25 kilometres northeast of the town of Osoyoos, British Columbia, and directly north of the past-producing Caribou-Amelia mine at Camp McKinney. Highlights of Phase 1 Field Work Completed: Numerous historical workings were found during the program including the Highland Chief workings that demonstrate historical underground development activity. 711 soil samples were collected to provide tighter infill spacing and extend a multi-element trend previously identified in field work. 33-line kilometers ground magnetic geophysical survey provided data indicating structural and subsurface lithological trends. 40 rock grab* samples were collected from several new showings encountered across the Property. * Grab samples are by definition selective. Grab samples are solely designed to show the presence or absence of mineralization, and are not intended to provide nor should be construed as a representative indication of grade or mineralization at the McKinney Property. Scout’s President and CEO, Jeffrey Wilson stated, “We are pleased to announce the completion of this first phase of field work at the McKinney Property. The work conducted satisfies the first-year expenditure requirements under the underlying property option agreement, and will provide important geological and geophysical data to advance the Company’s understanding of the Property’s potential. Upon receipt of all pending analytical results, the Company will be equipped to determine a potential second phase of work for ongoing exploration planning and potential future target delineation.” The phase 1 field program was designed to follow-up on and expand upon positive precious and base metal rock and soil sample results received from campaigns undertaken by previous operators in 2020 and 2021. Numerous historical workings were encountered and sampled during the field program. Most notably, the High...