Scottie Resources Announces Successful Completion of Drilling Program on Bow and Scottie Gold Mine Properties
VANCOUVER, British Columbia, Oct. 17, 2019 (GLOBE NEWSWIRE) — Scottie Resources Corp. (“Scottie” or the “Company”) (TSXV: SCOT) reports that it has successfully completed 20 holes, totalling 2047 m, on its high-grade gold Bow and Scottie Gold Mine properties, with all drill holes intersecting structures favourable for gold mineralization. Both properties are located in BC’s Golden Triangle, 35 km north of the Town of Stewart.
Assays from the drilling will be released as they are received, and are expected to start arriving in 5-7 weeks. The drilling was carried out by Driftwood Diamond Drilling from Smithers, BC.Thomas Mumford, VP Exploration of Scottie Resources commented: “We managed to finalize our planned drill program just before the weather shut down the area. As expected we were able to intersect the mineralized structures at depth and along strike. The next few months will be very exciting for Scottie as we receive and release results from our extensive surficial program and 2000 m drill program.”
Thomas Mumford, Ph.D., P.Geo and VP Exploration of Scottie, a qualified person under National Instrument 43-101, has reviewed the technical information contained in this news release on behalf of the Company.ABOUT SCOTTIE RESOURCES CORP.Scottie owns a 100% interest in the high-grade, past-producing Scottie Gold Mine property and has the option to purchase a 100% interest in the Bow property and the Summit Lake claims which are contiguous with the Scottie Gold Mine property. Scottie owns 100% interests in the Ruby Silver and Black Hills properties and has the option to purchase a 100% interest in the Bitter Creek property which joins the Ruby Silver property with the Black Hills property.All of the Company’s properties are located in the area known as the Golden Triangle of British Columbia which is among the world’s most prolific mineralized districts.Further information on Scottie can be found on the Company’s website at www.scottieresources.com and at www.sedar.com, or by contacting Bradley Rourke, President and CEO at (250) 877-9902.ON BEHALF OF THE BOARD OF DIRECTORS“Bradley Rourke”President & CEOFORWARD LOOKING STATEMENTSThis news release may contain forward‐looking statements. Forward looking statements are statements that are not historical facts and are generally, but not always, identified by the words “expects”, “plans”, “anticipates”, “believes”, “intends”, “estimates”, “projects”, “potential” and similar expressions, or that events or conditions “will”, “would”, “may”, “could” or “should” occur. Although the Company believes the expectations expressed in such forward‐looking statements are based on reasonable assumptions, such statements are not guarantees of future performance and actual results may differ materially from those in forward looking statements. Forward‐looking statements are based on the beliefs, estimates and opinions of the Company’s management on the date such statements were made. The Company expressly disclaims any intention or obligation to update or revise any forward‐looking statements whether as a result of new information, future events or otherwise.Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of TSX Venture Exchange) accepts responsibility for the adequacy of accuracy of this release.