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Scottie Resources Drills Extension of the Scottie Gold Mine M Zone: 11.72 g/t Gold and 5.83 g/t Silver over 10.95 Metres
VANCOUVER, British Columbia, Jan. 07, 2020 (GLOBE NEWSWIRE) -- Scottie Resources Corp. (“Scottie” or the “Company”) (TSXV: SCOT) is pleased to report drill resu
About this update from Scottie Resources Corp.
[{"type":"text","content":" VANCOUVER, British Columbia, Jan. 07, 2020 (GLOBE NEWSWIRE) -- Scottie Resources Corp. (“Scottie” or the “Company”) (TSXV: SCOT) is pleased to report drill results from the Scottie Gold Mine Property. Results from drill hole SR19-13 include 7.27 g/t gold and 3.83 g/t silver over 25.02 m, which includes 11.72 g/t gold and 5.83 g/t silver over 10.95 m. Drill results include an extension of the historic M Zone of the 100% owned Scottie Gold Mine which produced 95,426 oz at an average recovered grade of 16.25 g/t gold. The Scottie Gold Mine is located in British Columbia’s Golden Triangle, 20 km south of Pretium’s Brucejack Mine. Table 1 – Significant Intercepts from 2019 drilling on the Scottie Gold Mine Drill Hole From (m) To (m) Width* (m) Gold (g/t) Silver (g/t) Area SR19-13 68.63 71.00 2.37 1.38 20.92 SGM including 70.25 71.00 0.75 3.00 25.30 SGM 85.29 93.43 8.14 1.43 11.01 SGM including 89.07 93.43 4.36 1.93 11.42 SGM and including 89.85 92.43 2.58 2.93 16.79 SGM 151.53 174.00 22.47 1.29 2.03 SGM including 160.43 172.00 11.57 1.94 2.83 SGM and including 168.57 172.00 3.43 5.09 5.99 SGM 249.62 250.68 1.06 3.78 4.80 SGM 484.55 509.57 25.02 7.27 3.83 SGM - M Zone including 484.55 495.50 10.95 11.72 5.83 SGM - M Zone and including 508.54 509.57 1.03 50.40 16.00 SGM - M Zone *True width is uncertain as the orientation of the mineralized zones has not been determined sufficiently \"We are thrilled with the results from our single 2019 hole into the Scottie Gold Mine. At 539 m, it is the longest hole ever drilled at Scottie,\" said Dr. Thomas Mumford, the Company’s VP, Exploration. \"Assays from SG19-13 confirm that the Scottie Gold Mine was neither mined out or drilled off, and that the mineralization remains wide open. We look forward to testing its extent and finding additional high-grade ounces in 2020, as well as confirming its connection to the newly discovered high-grade Domino Zone, located on strike just 1.9 km due west of the past-producing Scottie Gold Mine M Zone.” Scottie Gold Mine The Scottie Gold Mine operated from 1981 – 1984, ultimately shutting down due to a drop in gold price combined with high-interest rates. During operation the mine produced 95,426 oz at an average recovered grade o...