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SCOT:TSX.V

Scottie Resources Corp.

Scottie Resources Corp. is a gold and silver exploration company with properties located in the "Golden Triangle" area of British Columbia, Canada. Scottie owns 100% interest in the past producing Scottie Gold Mine, which produced 95,426 oz at an average recovered grade of 16.25 g/t gold in the early 1980s. Scottie also owns 100% interest in the Bow Property, which is contiguous to the Scottie Gold property. The company also has 100% in the Ruby Silver, Black Hills and Sulu property, all located in the Golden Triangle. The road accessible Scottie Gold Mine is located 20 km south of Pretium's Brucejack Mine, and 14 km north of Ascot's Premier Mine.

The company has a strong retail and institutional shareholder base with strategic investor Eric Sprott investing $2 million January 2020. In April 2020, management advanced acquisition of strategic land position by decreasing the optioned claims from 36% to 6.4%. The team recently closed an over-subscribed $3.5 million financing with significant insider and newsletter writer participation. Management is well funded to follow up their successful 2019 exploration drill program with a 5,000 meter drill campaign this summer.
SCOT:TSX.V

Expert Comments:

headshot of Brien Lundin

Brien Lundin, Gold Newsletter (Jefferson Financial)

(8/27/20)
"To date, Scottie Resources Corp. has completed 2,220m in 10 holes and is awaiting assays. For those of you who would like to make a wager (or increase your current wager) on high-grade results from this program, now is the time to do so; the company's a Buy."

headshot of Gwen  Preston

Gwen Preston, The Maven Letter

(8/19/20)
"Scottie Resources Corp. added a second rig last week to its program at its Scottie project. . .it's also good to note that the company's accelerated warrant exercise is now over. It had likely prompted some selling (people sell stock to raise cash to exercise warrants), but that pressure is now gone, ahead of drill results that will likely start in a few weeks."

Gwen Preston, The Maven Letter

(8/12/20)
"Scottie Resources Corp. is almost 10 holes into the program at its Scottie project. . .we may yet see another share price run in anticipation of results. Remember this is the first real drill program at Scottie and associated targets, and they offer potential for grade and scale."

Scottie Resources is finding its past-producing mine to be fertile ground for new discoveries.
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Scottie Resources will test at least three high-priority targets there during this campaign.
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Peter Epstein
Peter Epstein of Epstein Research interviews Brad Rourke, CEO of Scottie Resources, a 'rising star' working in the prolific Golden Triangle.
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headshot of Peter Epstein

Peter Epstein, Epstein Research

(6/30/20)
"Scottie Resources Corp. has gained an impressive +273%, but I believe it has room to run up on further exploration successes this season. . .the company's valuation is attractive and right in the sweet spot of Golden Triangle peers. Companies like Skeena, GT Gold, Tudor Gold and Ascot Resources are much larger; I think these four are potential acquirers of Scottie, especially Pretium and Ascot, both of which share borders with Scottie."

headshot of Brien Lundin

Brien Lundin, Gold Newsletter (Jefferson Financial)

(6/25/20)
"Scottie Resources Corp. raised CA$968K this month by completing a single issue private placement that issued 4.4M units priced at CA$0.22/unit. . .with those funds in hand, the company has mobilized its field crew to begin a soil sampling and mapping program on its Cambria project."

headshot of Gwen  Preston

Gwen Preston, The Maven Letter

(6/24/20)
"Scottie Resources Corp. is now in the field on its projects in the Golden Triangle. The initial focus will be on the recently acquired Cambria project, which will see a round of soil sampling and mapping; once that is done the company will move up to the Scottie mine area, which will see the majority of exploration this year."

More Expert Comments

Experts Following This Company

headshot of Peter Epstein
Peter Epstein, CFA – Epstein Research
headshot of Brien Lundin
Brien Lundin, Author Gold Newsletter (Jefferson Financial)
headshot of Greg McCoach
Greg McCoach, Editor – The Mining Speculator
headshot of Gwen  Preston
Gwen Preston, Founder Resource Maven

The information provided above is from analysts, newsletters and other contributors. Please contact the company and visit its website before making an investment decision.See disclaimer for more details.

Investing Highlights
 
Past gold producer with an active mine permit, Existing underground 200 tonne/day mill
 
Excellent potential to significantly expand resources and reserves
 
The deposit remains open along strike and at depth, and has potential for multiple parallel mineralized structures
 
Limited exploration drilling on the property - at surface numerous high-grade mineralized veins have been identified but never drilled
catalyst Calendar
Q3
2020
5,000 m surface-based drill program in summer 2020
Q3
2020
Airborne EM survey IP survey over select targets in summer 2020
Q4
2020
Detailed surface sampling and mapping of newly identified targets 2020