Scottie Resources Corp. (SCOT: TSXV) is an exploration stage company engaged in the acquisition, exploration and evaluation of gold and silver properties located in the “Golden Triangle” area of British Columbia, Canada. Scottie Resources Corp. owns or controls 18,544 hectares in the Golden Triangle and owns a 100% interest in the past producing Scottie Gold Mine located in the heart of the Golden Triangle.
The Scottie Gold Mine Property is located 32 km north of Stewart, BC, and is situated 20 km north the Premier Gold Mine and 27 km south of Brucejack Mine. Scottie Gold Mine is a past producing mine that operated from 1981 to 1985, and produced 95,426 oz gold at an average grade of 16.2 g/t. The Company also has the option to purchase a 100% interest in the Bow property which is contiguous with the Company’s Scottie Gold property. In addition, the Company owns 100% interests in the Ruby Silver property, the Black Hills property and the Stock property, all located in the Golden Triangle.
The Company recently announced successful completion of a 20 hole drilling campaign, totalling 2047 m, on its high-grade gold Bow and Scottie Gold Mine properties, with all drill holes intersecting structures favourable for gold mineralization. The program is designed to follow-up on and step-out from historic near-surface high-grade intercepts at Bow and assess a newly discovered zone on the Scottie Gold property recently exposed from glacial retreat. Assays from the drilling will be released as they are received and are expected to start arriving in 5-7 weeks.
Scottie Resources has 77.14M shares outstanding, is well-funded and recently closed a financing raising a total of CDN$2.3M, with significant insider and newsletter writer participation. Our strong management and exploration team combined with access to capital are critical components for the Company to succeed in advancing the portfolio of high-grade gold projects.