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Be the first with the news that moves the market- Scottie Resources (SCOT) has launched a program of electromagnetic and induced polarisation surveys at its Scottie Gold Project in British Columbia
- The helicopter-borne electromagnetic survey will be carried out by Precision GeoSurveys, and will cover all of the property’s core claims
- The ground induced polarisation survey will be carried out by Scott Geophysics, focusing on the Bend and Domino zones
- In conjunction with sampling and geological mapping work, the surveys will be used to guide ongoing and future exploration programs
- Scottie Resources (SCOT) is currently up 8.45 per cent and is trading at C$0.38 per share
Scottie Resources (SCOT) has launched a program of electromagnetic and induced polarisation surveys at its Scottie Gold Project in British Columbia.
The project hosts the past producing Scottie Gold Mine, which generated 95,426 ounces of gold at an average grade of 16.2 grams per tonne between 1981 and 1985.
The helicopter-borne electromagnetic survey will be carried out by Precision GeoSurveys, and will consist of roughly 634 line kilometres at 100-metre intervals.
Focusing on all of the project’s core claims, the survey will seek to better define and delineate the continuity of mineralisation, potentially adding further targets for drill testing.
Previous similar surveys suggest that the mineralisation is conductive due to pyrrhotite, which is coincident with the gold mineralisation at the Scottie Gold Mine along with other drill-validated targets, including the Blueberry and Bend veins.
The ground induced polarisation survey, on the other hand, will be undertaken by British Columbia-based Scott Geophysics. The survey will consist of 12.75 line kilometres, focusing on the Bend and Domino zones.
At the Bend zone, grids will be used to generate an in-depth 3D inversion model of the vein and will target other high-grade ore shoots along the broader structure.
Grids at the Domino zone will be spaced wider than those at the Bend zone, and will be used to identify large-scale anomalies between the Scottie Gold Mine and the Domino zone.
Bradley Rourke, CEO of Scottie Resources, said the surveys form part of the company’s wider strategy to aggressively explore and develop the Scottie Gold Project.
“These geophysical surveys will enhance our technical data and understanding for future drill targeting.
“Drill progress has been better than expected and over 4,500 metres has been completed to date,” he added.
The results of this drilling work are expected to be released once they have been received by the company.
Scottie Resources (SCOT) is currently up 8.45 per cent and is trading at C$0.38 per share at 3:01pm EDT.
