Scottie Resources (SCOT) - Super High Grade Gold Results

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Interview with Bradley Rourke, President & CEO of Scottie Resources Corp. (TSX-V: SCOT)

Our previous interview: https://youtu.be/nmDSYIIe6mI

Recording date: 22nd November 2022

Scottie Resources Corp. is a junior gold exploration company focused on its assets in the Golden Triangle of British Columbia, Canada. The company has exploration rights to more than 59,000 hectares of land in the southern portion of the golden triangle, which includes the previously producing Scottie Gold mine, which operated between 1981 and 1985 and produced more than 95,000 ounces of gold in this time at an average grade of 16.2 g/t. The Scottie Gold Mine project possesses an active mining permit as well as an existing underground 200 ton per day mill.

Scottie Resources Corp. announced on the 3rd of November 2022, that it had entered into various agreements to acquire all of the outstanding royalties on its Scottie Gold Mine project. The Summit Lake property will be acquired through the issuing of 2.5 million common shares of the company to the vendor with the Scottie Gold Mine royalty being acquired for CAD$ 1.6 million. The company also completed the staking of the Georgia project, which hosts the high-grade past-producing Georgia River mine.

The company on the 8th of November 2022, published assay results from its exploration initiatives at the Blueberry contact zone of the Scottie Gold Mine project. The highlights of the assay results include 20.3 g/t of gold over a mineralisation interval of 2.1 m as well as 8.9 g/t of gold over 6.12 m and 7.65 g/t of gold over 7.53 m. The company on the 10th of November further published additional assay results from the blueberry contact zone, which showed mineralisation of up to 9.79 g/t of gold over 25 m which included 161 g/t of gold over 1.3 m.

0:00 - Company Overview
1:08 - Marketing the company to potential investors
1:46 - Overview of the recent headline numbers
3:47 - Plans in standing out from its peer companies
6:04 - Making the company attractive for bigger companies
8:06 - Overview of the ”perpetual” permit gained by the company
8:33 - Overview of the notable drill holes’ specifics
12:10 - Specifics of the possible seasonal drilling program
12:56 - Goal of the possible seasonal drilling program
14:29 - Sticking to the company plans and strategies
18:56 - Current cash position and possibility of doing a capital raise
20:52 - Support from the shareholders
22:04 - Time frame for the assay results
23:18 - Projected costs of the upcoming drill season
24:20 - Outro



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Category
Mining Investment
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