In a news release, Scottie Resources Corp. (SCOT:TSX.V) announced that new drill results from the Blueberry zone at its Scottie project in British Columbia returned high-grade gold-silver mineralization and confirmed the existence of a north to south-oriented mineralized system there.
"The Blueberry Zone continues to yield strong intercepts along the newly defined N-S trend. Now that we have got a handle on the geometry of the system, drilling in 2021 will focus on increasing the vertical and lateral extent of this zone. The road accessible, near surface mineralization present at the Blueberry zone complements the high-grade mineralization we continue to discover around the Scottie Gold Mine, located just 2 kilometers to the southwest," CEO Bradley Rourke said in the release.
Newly reported drill results are from five Blueberry holes. Gold intercepts included 10.2 grams per ton (10.2 g/t) gold over 3.21 meters (3.21m) and 1.31 g/t gold over 22.13m. Hole SR20-55 returned 0.78m of 47.9 g/t gold and 19.1 g/t silver.
Now, the Blueberry zone has a strike length of about 800 meters and remains open along strike and at depth. As such, this year, Scottie Resources plans to concentrate on extending Blueberry vertically and laterally. Work will encompass trenching and an induced polarization survey to further delineate drill targets in the area, followed by drill testing.
Read what other experts are saying about:
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.
3) Comments and opinions expressed are those of the specific experts and not of Streetwise Reports or its officers. The information provided above is for informational purposes only and is not a recommendation to buy or sell any security.
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.