VANCOUVER, BC, June 13,
2023 /CNW/ - Scottie Resources Corp.
("Scottie" or the "Company") (TSXV: SCOT) (OTCQB:
SCTSF) (FSE: SR8) is pleased to report positive preliminary
metallurgical test results for the Blueberry Zone, part of its 100%
owned and royalty free Scottie Gold Mine Project located
35 kilometres north of the town of Stewart, BC along the Granduc Road. The
program was completed by independent metallurgical consultants,
Sepro Laboratories, at their testing facilities in Langley, British Columbia.
Metallurgical Program
Details
A composite sample was created from coarse reject material from
2022 drill core samples. Sample selection was based on geological
considerations, distribution throughout the mineralized structure,
and geochemical and mineralogical data to best represent a
conceptual resource (Table 1). Core samples were shipped for
metallurgical testing to Sepro Laboratories, an accredited facility
located in Langley, BC.
Table 1: Intervals used to create ~260 kg composite
sample of the Blueberry Zone for metallurgical testing.
Hole ID
|
Mineraliza
tion Style
|
From
(m)
|
To
(m)
|
Interval
(m)
|
Average
Au (g/t)
|
Average
Ag (g/t)
|
Intercept
Vertical
Depth (m)
|
SR22-145
|
Contact
|
69
|
83
|
14
|
11.9
|
9.2
|
65
|
SR22-151
|
Contact
|
387
|
396
|
9
|
15.7
|
15.1
|
355
|
SR22-153
|
Contact
|
216
|
221
|
5
|
10.5
|
32
|
215
|
SR22-153
|
Vein
|
150
|
154
|
4
|
23.5
|
8.9
|
150
|
SR22-163
|
Contact
|
200
|
205
|
5
|
3.9
|
3.6
|
200
|
SR22-165
|
Vein
|
75
|
77
|
2
|
20.3
|
18.4
|
50
|
SR22-167
|
Contact
|
59
|
64
|
5
|
9.3
|
1.6
|
115
|
SR22-167
|
Vein
|
30
|
40
|
10
|
5.2
|
3.2
|
65
|
SR22-167
|
Contact
|
119
|
122
|
3
|
3.8
|
2.7
|
88
|
SR22-167
|
Vein
|
134
|
137
|
3
|
26.1
|
4.5
|
100
|
SR22-168
|
Vein
|
201
|
206
|
5
|
6.8
|
2.7
|
200
|
SR22-171
|
Contact
|
204
|
208
|
4
|
8.9
|
8.9
|
200
|
SR22-175
|
Vein
|
199
|
207
|
8
|
2.3
|
6.9
|
225
|
SR22-179
|
Contact
|
184
|
191
|
7
|
2.9
|
3.2
|
178
|
SR22-186
|
Contact
|
334
|
341
|
7
|
24.3
|
8.6
|
275
|
SR22-209
|
Vein
|
235
|
240
|
5
|
32
|
7
|
220
|
|
|
|
|
|
|
|
|
|
|
Weighted average
grade
|
11.9
|
9.6
|
|
President and CEO, Brad
Rourke comments: "One of the primary roles of junior
explorers is to reduce risk by answering unresolved questions.
These promising initial metallurgical results illustrate strong
gold recoveries using multiple extraction techniques and by doing
so substantially de-risk the project. With so many advantages to
the deposit: high-grade, near surface, on a road, adjacent to
high-voltage power – these results confirming the deposit's
metallurgy adds yet another positive element."
Discussion of Results
After homogenisation of the samples, representative head grade
samples were taken from the composite sample. The average gold
grade of these representative samples was in excellent agreement
with the calculated grade based on a weighted average of the
combined drill intercepts, 11.8 g/t versus 11.9 g/t respectively.
The average silver grades varied slightly with respective values of
9.6 g/t and 6.5 g/t.
The recovery processes used to test the samples were selected
based on technology and flowsheets of nearby operating mills, the
testwork focused on recovery processes such as Gravity Recoverable
Gold (GRG), Rougher Flotation (RF), and Cyanide Leaching (CN).
Grind sizes tested were between p80s of 103 μm, and
25 μm. The results were not fully optimized during this
preliminary testing program, but to serve as a baseline from which
to evaluate the processing of ore from the Blueberry Deposit.
Cyanide Leach Testing
Direct CN leach test results show that 97.6% of the gold can be
extracted with a grind size of p80 of 25 μm. Cyanide and lime
consumptions were low at 1.2 kg/t-solids and 0.91 kg/t-solids,
respectively.
CN leach tests on the coarser GRG tails (milled to p80 of 103
μm) returned 91.1% gold recovery (72.4 % silver), cyanide and lime
consumptions were low at 0.65 kg/t-solids and 0.72 kg/t-solids,
respectively.
Gravity-Rougher Flotation Testing
The standard GRG test resulted in a GRG value of 37.6% by
grinding of the material to a p80 of 103 μm. Using a grind size of
p80 of 55 μm on the GRG, the overall gold gravity-rougher flotation
recovery was 87.2% with a grade of 42.1 g/t Au in 19.7% mass
(Figure 1). The total silver recovery of 88.6% with a grade of 31.9
g/t Ag was achieved in the same test.
About the Blueberry Contact Zone
The Blueberry Zone is located just 2 kilometres northeast of the
100% owned, past-producing Scottie Gold
Mine located in British Columbia,
Canada's Golden Triangle region. Historic trenching and
channel sampling of the Blueberry Vein include results of 103.94
g/t gold over 1.43 metres, and 203.75 g/t gold over 1.90 metres.
Despite high-grade surficial samples and easy road access, the
Blueberry Vein had only limited reported drilling prior to the
Company's exploration work. The target was significantly advanced
during Scottie's 2019 drill program when an interval grading 7.44
g/t gold over 34.78 metres was intersected in a new splay off zone
of the main Blueberry Vein. The drill results received from 2020 -
2023, coupled with surficial mapping and sampling suggest that this
splay is in fact a major N-S mineralized structure, of which the
Blueberry Vein was only a secondary structure. The zone is steeply
dipping, and there is no current restraint on its potential depth;
the mineralization at the adjacent Scottie
Gold Mine has a vertical extent greater than 450 metres. The
Blueberry Zone is located on the Granduc Road, 20 kilometres north
of the Ascot Resources' Premier Project, which is fully financed
for construction (Dec 12, 2022).
Newcrest's Brucejack Mine is located 25 kilometres to the
north.
These exceptional results support our pathway to a
multi-million-ounce deposit, which we will continue to uncover
during the 2023 exploration season, visit our website for a video
outlining our 2023 Exploration Plan.
Dr. Thomas Mumford, P.Geo.,
a qualified person under National Instrument 43-101, has reviewed
the technical information contained in this news release on behalf
of the Company.
Quality Assurance and Control
Results from samples taken during the 2022 field season were
analyzed at SGS Minerals in Burnaby,
BC. The sampling program was undertaken under the direction
of Dr. Thomas Mumford. A secure
chain of custody is maintained in transporting and storing of all
samples. Gold was assayed using a fire assay with atomic absorption
spectrometry and gravimetric finish when required (+9 g/t gold).
Analysis by four acid digestion with multi-element ICP-AES analysis
was conducted on all samples with silver and base metal over-limits
being re-analyzed by emission spectrometry.
ABOUT SCOTTIE RESOURCES
CORP.
Scottie owns a 100% interest in the Scottie Gold Mine Property
which includes the Blueberry Zone and the high-grade,
past-producing Scottie Gold Mine.
Scottie also owns 100% interest in the Georgia Project which
contains the high-grade past-producing Georgia River Mine, as well as the Cambria
Project properties and the Sulu property. Altogether Scottie
Resources holds approximately 60,000 hectares of mineral claims in
the Stewart Mining Camp in the Golden Triangle.
The Company's focus is on expanding the known mineralization
around the past-producing mines while advancing near mine
high-grade gold targets, with the purpose of delivering a potential
resource.
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.
Forward Looking
Statements
This 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.
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SOURCE Scottie Resources Corp.