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.

Expert Comments:

headshot of Brien Lundin

Brien Lundin, Gold Newsletter (Jefferson Financial)

"Scottie Resources and AUX Resources announced what is essentially a merger of the two companies, with Scottie being the surviving entity, on a basis of one Scottie share for each AUX share. . .with both holding significant land positions in the Stewart mining camp of British Columbia and the Golden Triangle, the synergies behind the deal are obvious."

headshot of Chen Lin

Chen Lin, What Is Chen Buying? What Is Chen Selling?

"Scottie Resources Inc. is being merged with AUX Resources. It looks like a win-win deal that consolidates the whole area."

The Assay

"Last month, Scottie Resources Corp. announced details of its drilling results for the year at its M zone site, and a week later the assay results were back for drilling results taken from the Blueberry zone. . .both sets of the company's newly released results indicate strong mineralization in both zones. . .CEO Bradley Rourke has plans for further drilling at all sites, which will bring the total drilling distance for 2021 to approximately 12,500m."

Drill results show this system, in the Blueberry zone of Scottie Resources' namesake property, remains open along strike and at depth.
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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.
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Scottie Resources Corp. advises that the target remains open in most directions.
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headshot of Gwen  Preston

Gwen Preston, The Maven Letter

"High grade gold assays were the order of the day last week when Scottie Resources Corp. released its first drill results from the Domino target; high-grade intersections from the drilling at Domino include 2.7m of 12.4 g/t gold and 8.7 g/t silver; 0.94m of 19.9 g/t gold and 71.6 g/t silver; and 1.1m of 13.4 g/t gold and 8.11 g/t silver. So far, surface sampling has traced the mineralization at Domino over a 900m by 450m area."

Scottie Resources reported the system is shown to occur along strike from its past-producing Scottie Mine.
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Scottie Resources provides grab sampling and geophysical survey results from the Domino zone at its Scottie project.
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Gwen Preston, The Maven Letter

"Lots of targets saw testing in Scottie Resources Corp.'s drill program this year. If assay labs had not been so slow, Scottie would have returned to the Blueberry vein area, where it just identified a large north-south trending structure, off of which Blueberry is just a splay. The first exploration result suggests potential for scale. . .and it's literally on a road."

Gwen Preston, The Maven Letter

"We got some more results from Scottie Resources Corp., specifically from the Blueberry zone where drills are outlining a new trend running north-south, oblique to the historic Blueberry vein target. The new trend returned a few very nice numbers. . .it now looks like the new zone is the main mineralized structure, and the Blueberry vein is a splay off of it."

Scottie Resources discovers an intensely mineralized gold trend along the Blueberry Vein at the Bow property.
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More Expert Comments

Experts Following This Company

headshot of Peter Epstein
Peter Epstein, CFA – Epstein Research
headshot of Chen Lin
Chen Lin What Is Chen Buying? What Is Chen Selling?
headshot of Brien Lundin
Brien Lundin, Author Gold Newsletter (Jefferson Financial)
Clive Maund –
headshot of Greg McCoach
Greg McCoach, Editor – The Mining Speculator
headshot of Gwen  Preston
Gwen Preston, Founder Resource Maven

Company News

5/6/2021 – Scottie and AUX Sign Amalgamation Agreement to Consolidate the Stewart Mining Camp in the Golden Triangle

4/19/2021 – Scottie Grants Stock Options

4/12/2021 – Scottie and AUX Announce Merger to Consolidate the Stewart Mining Camp in the Golden Triangle

2/17/2021 – Scottie Discovers New Mineralization Trend at Blueberry Zone, Reports Intercepts of 10.2 g/t Gold Over 3.21 m and 1.31 g/t Over 22.13 m

2/10/2021 – Scottie Resources Reports 12.6 g/t Gold and 4.43 g/t Silver Over 5.22 Metres at Scottie Gold Mine M-zone

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
5,000 m surface-based drill program in summer 2020
Airborne EM survey IP survey over select targets in summer 2020
Detailed surface sampling and mapping of newly identified targets 2020