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Scottie Resources Intersects 73.32 g/t Gold and 71.01 g/t Silver over 4.38 Metres on Bend Vein, Bow Property
VANCOUVER, British Columbia, Jan. 03, 2020 (GLOBE NEWSWIRE) -- Scottie Resources Corp. (“Scottie” or the “Company”) (TSXV: SCOT) is pleased to announce that rec
About this update from Scottie Resources Corp.
[{"type":"text","content":" VANCOUVER, British Columbia, Jan. 03, 2020 (GLOBE NEWSWIRE) -- Scottie Resources Corp. (“Scottie” or the “Company”) (TSXV: SCOT) is pleased to announce that recent drilling continues to confirm and expand the Bend Vein target on the Bow Property. During September, the Company completed 877.7 metres of diamond drilling on the Bend Vein within the Bow Property, which is located just 2 km NE of the 100% owned, past-producing Scottie Gold Mine located in British Columbia, Canada’s Golden Triangle region. Results from drill hole SR19-11 include 73.32 g/t gold and 71.01 g/t silver over 4.38 m core length, which includes 152.5 g/t gold and 143.56 g/t silver over 1.89 m. These results exemplify the high-grade gold and silver potential of the Bow Property. Table 1 – Selected Results from the 2019 Drilling on the Bend Vein target, Bow Property Drill Hole From (m) To (m) Width* (m) Gold (g/t) Silver (g/t) Area SR19-01 40.61 43.21 2.60 2.73 4.66 Bend Vein SR19-02 61.91 63.05 1.14 46.53 51.83 Bend Vein SR19-04 82.05 84.84 2.79 1.49 69.38 Bend Vein SR19-08 37.50 38.50 1.00 2.97 5.40 Bend Vein SR19-11 25.53 29.81 4.28 73.32 71.01 Bend Vein including 26.45 28.34 1.89 152.50 143.56 Bend Vein *not true width, most intervals are estimated to be 80-90% of true width The 2019 drilling program was designed to confirm historical results and expand the known extent of the high-grade gold and silver mineralization at the Bend Vein. The company integrated the historical data and recent 2018 and 2019 exploration work into new structural models to better understand the geometry of mineralization. “The assays from the Bend Vein confirm the superb results of previous studies, and demonstrate a truly underexplored high-grade gold and silver target,” said Bradley Rourke, the Company’s CEO and President. “Past drilling on the Bend Vein only probed to a maximum vertical depth of ~55 m. Our drilling this season proves that the mineralized structure extends deeper than previously tested, and substantially increased the strike length of known mineralization. Drilling during the 2020 season will allow us to further prove the scale of this structurally controlled high-grade vein deposit.” Bend Vein Prior to the Company’s 2019 drill program, the Bend Vein had only seen limited reported drilling, totalling 1525.23 m over...