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News Update

TICKERS: SCOT

Explorer's 2020 Drilling at Golden Triangle Project 'Continues to Deliver Strong Results'
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New assays from the M-zone at Scottie Resources' Scottie project include 12.6 grams per ton gold and 4.43 grams per ton silver over 5.22 meters.

In a news release, Scottie Resources Corp. (SCOT:TSX.V) announced results of three holes from its 2020 infill and expansionary drilling around the Scottie gold mine's M- zone.

Last year's program "continues to deliver strong results that indicate that the gold mineralization at Scottie is more extensive than previously tested," CEO Bradley Rourke said in the release. "Past mining practices used a historical cut-off grade of 10 g/t gold, and with the current market conditions the opportunity to expand the mineralizing system is excellent as our recent results indicate."

According to the company, the results further expanded the mineralization laterally and vertically and demonstrated continuity of its high grade.

Specifically, hole SR20-52 returned 5.22 meters (5.22m) of 12.6 grams per ton (12.5 g/t) gold and 4.43 g/t silver. Hole SR20-51 showed 5.7m of 10.7 g/t gold and 5.38 g/t silver, and SR20-54 demonstrated 3.06m of 1.81 g/t gold and 17 g/t silver.

"The high-grade M-zone drill intercepts presented in this release complement drill results released in 2019 and 2020 on near mine targets, including the Domino and Blueberry zones," the release noted.

"During 2021 the Company will continue expanding the drill program and advancing towards delivering a potential resource," Rourke said.

The 100% owned Scottie Gold Mine is the flagship project of the company, is road accessible with excellent existing infrastructure, and is located 40 km north of Stewart, BC, and 20 km north of Ascot's Premier Mill along the Granduc haul road," the company stated.

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Disclosure:
1) Doresa Banning compiled this article for Streetwise Reports LLC and provides services to Streetwise Reports as an independent contractor. She or members of her household own securities of the following companies mentioned in the article: None. She or members of her household are paid by the following companies mentioned in this article: None.
2) The following companies mentioned in this article are billboard sponsors of Streetwise Reports: Scottie Resources. Click here for important disclosures about sponsor fees.
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5) From time to time, Streetwise Reports LLC and its directors, officers, employees or members of their families, as well as persons interviewed for articles and interviews on the site, may have a long or short position in securities mentioned. Directors, officers, employees or members of their immediate families are prohibited from making purchases and/or sales of those securities in the open market or otherwise from the time of the decision to publish an article until three business days after the publication of the article. The foregoing prohibition does not apply to articles that in substance only restate previously published company releases. As of the date of this article, officers and/or employees of Streetwise Reports LLC (including members of their household) own securities of Scottie Resources, a company mentioned in this article.





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