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Be the first with the news that moves the market- Scottie Resources (TSXV:SCOT) is mobilising field crews and equipment ahead of a fully-funded exploration program in British Columbia
- The company will conduct a soil sampling and geologic mapping program at the Cambria Project in the prolific Golden Triangle region
- A 5,000-metre drill program will also be undertaken, focusing on the Blueberry vein, the newly identified Domino Zone and the past-producing Scottie Gold Mine
- The upcoming program comes off the back of a successful 2019 season, which led to the discovery of several new high-grade targets
- Scottie Resources (SCOT) is currently down 2.99 per cent and is trading at C$0.32 per share at 2:15pm EDT
Scottie Resources (TSXV:SCOT) is mobilising field crews and equipment ahead of a fully-funded exploration program in British Columbia.
The program will initially focus on the company’s Cambria Project, located three kilometres east of Stewart, British Columbia, and at the southern end of the prolific Golden Triangle region.
Consisting of the Black Hills, Ruby Silver, Bitter Creek and Portland sites, the project is bordered to the east by Ascot Resources’ Red Mountain Project and to the north by properties owned by Premium Resources.
Field crews will conduct a soil sampling and geologic mapping program on the polymetallic property.
In addition to the work at the Cambria Project, Scottie Resources will also undertake a drill program totalling 5,000 metres, focusing on the Blueberry vein, the recently discovered Domino Zone and the past-producing Scottie Gold Mine.
The Scottie Gold Mine will also be the subject of an airborne electromagnetic survey, which is expected to cover approximately 5,800 hectares of the site.
Brad Rourke, President and CEO of Scottie Resources, commented on the upcoming exploration program.
“With the safe mobilisation of our crews and equipment, we look forward to executing a robust summer season starting at the southern end of our 24,000 hectare claim package and working our way up to the Scottie Gold Mine.
“Our team achieved an excellent 2019 field season, which included the discovery of multiple new high-grade surficial targets followed by an exceedingly successful drill program,” he said,
Brad went on to note that the program is fully-funded, with an experienced crew and a number of high-priority targets to follow up on.
Scottie Resources (SCOT) is down 2.99 per cent and is trading at C$0.32 per share at 2:15pm EDT.
