Scottie Resources Completes 10,000 Metre Drill Program Successfully
Scottie Resources Completes Milestone Drill Program
Scottie Resources Corp. (TSXV: SCOT) has successfully finalized its extensive 10,000-metre diamond drill program on the Scottie Gold Mine Project, situated in the coveted area known as the Golden Triangle. This achievement is a significant leap towards delivering a Mineral Resource Estimate, which is anticipated to emerge in early 2025. The company is currently awaiting assay results from the drilling activities, which are expected to shed light on the potential of the mineralized zones explored during this campaign.
Program Overview and Highlights
Initially slated for 6,000 metres, the drill program saw an extension due to encouraging early-stage mineralization and operational efficiencies, all while maintaining a budget of $4.5 million. The key focus areas for drilling encompassed the Scottie Gold Mine, Blueberry Contact Zone, and newly identified targets like the Golden Buckle Zone. The excitement surrounding these discoveries accentuates the program's success.
Success and Budget Management
President and CEO Brad Rourke expressed enthusiasm over the drill program's results, citing substantial mineralization and visible gold discoveries across several pivotal targets. He emphasized that achieving such milestones while adhering to the budget reflects the effectiveness and dedication of the team. With these results falling into place and the company’s robust financial standing, Scottie is poised to provide a maiden Mineral Resource Estimate in the near future.
Future Directions
Looking ahead to 2025, Scottie Resources aims to maintain momentum by focusing on the expansion of high-grade targets within the Golden Triangle area. The promising outcomes from the drill program authenticate the project's potential and underscore the company's strategy to uncover further mineral resources.
Exploring the Scottie Gold Mine Project
The Scottie Gold Mine Project has consistently produced exceptional drill results over recent years, revealing high-grade gold in four new zones and expanding existing targets. Mapping the area has revealed a strong correlation between outcropped areas and drill-confirmed high-grade gold locations surrounding the Jurassic-aged Texas Creek Plutonic suite intrusion. Recent discoveries like the Golden Buckle Zone further enhance the opportunity for high-grade gold extraction in the future.
About the Blueberry Contact Zone
Positioned just a couple of kilometers northeast of the past-producing Scottie Gold Mine, the Blueberry Contact Zone has a wealth of potential. Prior drilling efforts have produced remarkable results, including assays showing up to 203.75 g/t gold over specified intervals. The consistent success in advancing the Blueberry Vein's exploration showcases the area’s potential, especially with new developments from recent drill campaigns.
Commitment to Quality Assurance
Scottie Resources upholds stringent quality assurance measures to ensure the reliability of results from the 2021-2024 field seasons. Samples analyzed at reputable facilities uphold high standards of integrity. Under Dr. Thomas Mumford’s expertise, the secure transport and storage of samples guarantee the accuracy of the findings and bolster confidence in the company's mineral resource evaluations.
About Scottie Resources Corp.
Scottie Resources proudly owns a 100% interest in the Scottie Gold Mine Property, inclusive of the Blueberry Contact Zone and the historically fruitful Scottie Gold Mine. The company’s ambition revolves around identifying and expanding mineralization in known areas while advancing previously identified high-grade gold targets. With around 58,500 hectares under its management within the esteemed Stewart Mining Camp, Scottie Resources is a strong player in one of the globe's most productive mineral zones.
Frequently Asked Questions
What is the significance of the 10,000-metre drill program?
This drill program is a major achievement for Scottie Resources as it marks essential progress toward a comprehensive Mineral Resource Estimate.
What are the next steps for Scottie Resources after the drill program?
Scottie Resources plans to analyze the assay results and continue focusing on expanding high-grade targets within the Golden Triangle.
Where is the Scottie Gold Mine Project located?
The Scottie Gold Mine Project is located within the Golden Triangle, a region esteemed for its rich mineral deposits.
How has Scottie Resources managed the drill program budget?
Despite extending the drill program, Scottie Resources maintained a budget of $4.5 million, demonstrating effective resource management.
What does the future hold for Scottie Resources?
With promising drill results and a solid financial foundation, Scottie Resources is on the brink of unveiling a maiden Mineral Resource Estimate in early 2025.
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