Scottie Resources Corp. reports exploration and development updates for gold properties in British Columbia's Golden Triangle, led by its 100%-owned Scottie Gold Mine Project. Recurring company news centers on drilling assays from the Blueberry Contact Zone and other high-grade zones, technical work tied to the historic Scottie Gold Mine, and project planning under the company's preliminary economic assessment.
Updates also cover Scottie's direct-ship ore development concept, ore sorting studies, feasibility work, environmental baseline studies, mine permitting, stakeholder and Indigenous engagement, and leadership changes. The company's broader property portfolio includes the Georgia Project and the Cambria, Sulu, and Tide North properties within the Stewart Mining Camp.
Scottie Resources Corp. (TSXV: SCOT) (OTCQB: SCTSF) has announced its participation in the upcoming 121 Mining Investment Conference in New York City. The event, scheduled for October 21-22, will feature over 30 mining companies and more than 120 investors engaging in pre-arranged, targeted 1-2-1 meetings.
Brad Rourke, President & CEO of Scottie Resources, will be presenting the company's recent activities and future plans. The conference will also provide expert commentary and market intelligence on key industry developments. Investors interested in attending can register for a free pass through the provided link.
Scottie Resources Corp. (TSXV: SCOT) (OTCQB: SCTSF) has engaged Kevin Jennings as a strategic advisor. Jennings, a renowned international mining finance executive, brings expertise in financial management, reporting, and strategic corporate transactions. His experience includes leading the IPO of African Barrick Gold and holding senior roles at Barrick Gold, Xstrata Nickel, and Falconbridge.
Additionally, Kevin Jennings purchased 80,000 common shares at $0.175 per share, increasing his ownership to approximately 10.003% of Scottie's outstanding shares. The company has also granted 2,100,000 stock options to directors, officers, and consultants, exercisable at $0.165 per share for five years.
Scottie Resources Corp. (TSXV: SCOT) (OTCQB: SCTSF) has commenced its 2024 drill program on the Scottie Gold Mine Project in BC's Golden Triangle. The $4.5 million program aims to advance multiple areas, including the Scottie Gold Mine, Blueberry Contact Zone, and D-Zone targets. The initial budget includes about 6,000 metres of drilling across multiple targets.
The company is also expanding its TerraSpec program to assess deposits in the Scottie Gold Mine and their relation to the adjacent Texas Creek intrusive. Additionally, Scottie will conduct greenfield exploration on the Georgia Project, where a new showing was discovered in 2023, and field work on the Cambria Project.
The Blueberry Contact Zone, located 2 km northeast of the past-producing Scottie Gold Mine, has shown significant potential with high-grade gold intersections and a drilled strike length of 1,550 metres.
Scottie Resources Corp. outlines its 2024 exploration plan, with a budget of $4.5 million for expansionary drilling at Blueberry and D-Zone targets, defining a high-grade gold resource at the Scottie Gold Mine Project. The program includes robust TerraSpec spectroscopy focusing on the Texas Creek intrusive. President Brad Rourke emphasizes the aim to establish a resource at the mine and expand exploration success.
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