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Scottie Reports High-Grade Polymetallic Surface Mineralization In Three New Showings on the Summit Lake Property, British Columbia: Grades up to 9.48 g/t Gold and 3510 g/t Silver

VANCOUVER, British Columbia, Dec. 05, 2019 (GLOBE NEWSWIRE) -- Scottie Resources Corp. (“Scottie” or the “Company”) (SCOT.V) is pleased to provide report assay results from three new showings (The Mayor, Tope Rope, Tombstone) 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, >20% lead, and 28% zinc.

“Discovered this summer while mapping along the margins of retreating glaciers, these showings highlight the excellent potential for high-grade polymetallic vein systems on the Summit Lake Property” said Dr. Thomas Mumford, the Company’s VP, Exploration, “Together these new showings demonstrate a new a mineralized corridor that extends for at least 2500 m with a width 800 m. Follow up fieldwork and drilling in 2020 will further define and test these new zones.”

Table 1 – Select 2019 grab samples from the new showings

Sample Number Gold (ppm) Silver (ppm) Copper (ppm) Lead (ppm) Zinc (ppm)
The Mayor
Y610740 3.64 130 1515 76900 11150
Y610754 0.57 144 114 100500 21000
Y610755 9.48 2000 18900 15300 159500
Y611043 0.321 119 1190 6500 3160
Y611601 0.053 143 726 91200 136000
Y611602 2.62 44.6 421 867 168000
Y611603 0.101 87.9 2290 11050 192000
Y611605 0.977 153 4360 151000 23300
Y611660 0.044 22.6 757 2290 278000
Tope Rope
Y611038 0.029 22 609 1225 30000
Y611042 0.183 154 684 99900 154000
Y611106 2.23 19.7 2070 61 132
Y611108 0.72 10.9 1345 110 189
Y611111 0.046 139 2650 5240 5240
Additional samples proximal to the new showings
C11-06302 5.41 2290 471 11100 5020
Y611645 0.191 592 3150 125000 52100
Y611646 0.074 223 639 139500 39600
Y611647 1.06 3510 28400 200000 42100
Y611648 0.061 261 1230 43000 45500

During the 2019 field season, mapping and sampling focused on significant sulphide-rich veins in areas that have undergone recent glacial retreat. Multiple new sulphide-bearing mineral occurrences were identified mid-season during preliminary mapping (August 27, 2019), and the results from three of the new showings are presented here (Table 1, Figure 1).

Grab sampling of The Mayor, Top Rope, and Tombstone showings and the local surrounding area yielded a total of 69 samples, the majority of which were highly anomalous in multiple base metals and/or precious metals. Based on the mineralogy and geochemistry, the polymetallic mineralization observed at The Mayor, Top Rope, and Tombstone (Figure 1) is distinct from the primary gold-silver mineralization mined at the past-producing Scottie Gold Mine, and represents another favourable deposit style to be explored within the Summit Lake Property. The area will constitute a key focus during the 2020 field season, early season detailed mapping and will be used to delineate drill targets.

A portion of the claims in the Summit Lake Property are subject to a 1.8% gross smelter return, of which the Company can purchase up to 0.8% for $1,000,000 at any time.

Quality Assurance and Control

Results from samples were analyzed at ALS Global Laboratories (Geochemistry Division) in Vancouver, Canada (an ISO 9001:2008 accredited facility). The sampling program was undertaken by Company personnel under the direction of 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 (+10 g/t Au). Individual grab samples taken during the project represent point locations in the field, and were typically collected from rocks covering an area of less than 0.5 m2. Grab samples from outcrop/bedrock are selective by nature and they may not be representative of the mineralization hosted on the project.

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.


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 and at, or by contacting Bradley Rourke, President and CEO at (250) 877-9902.


“Bradley Rourke”

President & CEO


This news release may contain forwardlooking 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 forwardlooking 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. Forwardlooking 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 forwardlooking 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.

A photo accompanying this announcement is available at