Scottie Resources Corp. , is pleased to announce a non-brokered private placement offering of up to 8,333,333 flow-through common shares at a price of $0.24 per FT Share, for gross proceeds of up to $2,000,000 . The proceeds raised by the Company from the sale of the FT Shares will be used to incur eligible "Canadian exploration expenses" that are "flow-through mining expenditures" ), related to exploration of the [...]
Scottie Resources Corp. is pleased to report on a number of recent property transactions and option agreement negotiations. Together these transactions increase the total claim package from 19,113 ha to 24,589 ha, decrease the percentage of optioned claims from 36% to 6.4%, and generate a total cumulative savings over the next 3 years of greater than $1 million CAD. All claims are located within the southern portion of [...]
Scottie Resources Corp. is pleased to announce that, further to its news release of January 10, 2020, it has closed a non-brokered private placement financing with Eric Sprott, consisting of 10,000,000 units at a price of $0.20 per Unit, for gross proceeds of $2,000,000. Each Unit consists of one common share and one common share purchase warrant in the capital of the Company. Each Warrant is exercisable into one common [...]
Scottie Resources Corp. is pleased to report that, further to its news release of January 7, 2020, it has settled $141,750 of debt through the issuance of common shares of the Company . Pursuant to the Debt Settlement, the Company has issued 567,000 common shares of the Company at a deemed price of $0.25 per Share, to an arm’s length creditor of the Company. All Shares issued are subject to a four month hold period [...]
Scottie Resources Corp. is pleased to announce a non-brokered private placement financing with Eric Sprott, consisting of 10,000,000 units at a price of $0.20 per Unit, for gross proceeds of $2,000,000. Each Unit consists of one common share and one common share purchase warrant in the capital of the Company. Each Warrant is exercisable into one common share of the Company for a period of 24 months from closing at a price [...]
Scottie Resources Corp. is pleased to report recent drilling success from the Blueberry Vein on the Bow Property. Results from drill hole SR19-20 include 7.44 g/t gold and 1.29 g/t silver over 34.78 m, which includes 14.29 g/t gold over 14.00 m. During September, the Company completed 630.2 metres of diamond drilling on the Blueberry Vein within the Bow Property, which is located just 2 km NE of the 100% owned [...]
Scottie Resources Corp. is pleased to report drill results from the Scottie Gold Mine Property. Results from drill hole SR19-13 include 7.27 g/t gold and 3.83 g/t silver over 25.02 m, which includes 11.72 g/t gold and 5.83 g/t silver over 10.95 m. Drill results include an extension of the historic M Zone of the 100% owned Scottie Gold Mine which produced 95,426 oz at an average recovered grade of 16.25 g/t gold. The [...]
Scottie Resources Corp. is pleased to announce that recent drilling continues to confirm and expand the Bend Vein target on the Bow Property. During September, the Company completed 877.7 metres of diamond drilling on the Bend Vein within the Bow Property, which is located just 2 km NE of the 100% owned, past-producing Scottie Gold Mine located in British Columbia, Canada’s Golden Triangle region. Results from drill [...]
Scottie Resources Corp. is pleased to provide report assay results from two new showings discovered during the 2019 exploration program. Grades from the two new showings range up to 26.9 g/t gold and 370 g/t silver. The Summit Lake Property surrounds the 100% owned, past-producing Scottie Gold Mine located in British Columbia’s Golden Triangle. Table 1 – Select 2019 grab samples from Kingpin, Lone Wolf and 6 [...]
Scottie Resources Corp. is pleased to provide report assay results from three new showings discovered on the Summit Lake Property during the 2019 field season. The Summit Lake Property is situated between Pretium’s Brucejack mine and Ascot’s Premier mine in British Columbia, Canada, and falls within the prolific Golden Triangle. Assays include grades of up to: 9.48 g/t gold, 3510 g/t silver, 2.84 % copper [...]
Scottie Resources Corp. is pleased to provide an update on assay results from the newly discovered Domino zone, including grab samples of up to 536 g/t Au and 735 g/t Ag, and a chip sample grading 10.5 g/t Au and 14.0 g/t Ag over 5.3 m. The Domino zone is situated on a mineralized E-W trending structure, 1.9 km west on strike of the 100% owned past-producing Scottie Gold Mine, where mineralization is primarily controlled [...]
Scottie Resources Corp. is pleased to provide an update on 2019 field work performed on its recently acquired Bitter Creek property located in BC’s Golden Triangle. Targeted geological mapping and sampling during the 2019 field season on the 4832 ha Bitter Creek Property has delivered several promising results, including a new showing located 1 km along strike from a past producing adit, as well as high-grade gold [...]