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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