| Previous Close | 0.4700 |
| Open | 0.4700 |
| Bid | 0.4450 x 0 |
| Ask | 0.4500 x 0 |
| Day's Range | 0.4400 - 0.4700 |
| 52 Week Range | 0.1050 - 0.5300 |
| Volume | 186,255 |
| Avg. Volume | 326,188 |
| Market Cap | 48.988M |
| Beta (5Y Monthly) | 5.17 |
| PE Ratio (TTM) | N/A |
| EPS (TTM) | -0.0210 |
| Earnings Date | N/A |
| Forward Dividend & Yield | N/A (N/A) |
| Ex-Dividend Date | N/A |
| 1y Target Est | N/A |
- GlobeNewswire
Scottie Resources Commences EM and IP Geophysical Surveys on Scottie Gold Project
VANCOUVER, British Columbia, Sept. 03, 2020 (GLOBE NEWSWIRE) -- Scottie Resources Corp. (“Scottie” or the “Company”) (TSXV: SCOT) is pleased to announce that it has commenced (1) a 57 km2 helicopter borne concurrent magnetic and electromagnetic surveys (EM), and (2) two induced polarization (IP) survey grids on its Scottie Gold claims in northern BC’s Golden Triangle. CEO Bradley Rourke commented “Scottie Resources continues to aggressively explore and develop the Scottie Gold Mine 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. Drill results will be released upon receipt.”The EM survey, carried out by Precision GeoSurveys Inc., will comprise approximately 634 line kilometres, with 100-metre line spacing, using a Triumph AirTEM™ time-domain electromagnetic system. Historic multi-frequency EM surveys indicate that the mineralization is conductive due to pyrrhotite which is coincident with the gold mineralization at the Scottie Gold Mine as well as other drill validated targets, including the Blueberry and Bend Veins. By design, the 2020 survey will cover all of the core claims of the Scottie Gold Project, and the new tighter spaced survey will better define and delineate the continuity of mineralization and potentially add additional targets for drill testing.The ground IP geophysical surveys, to be carried out by Scott Geophysics, a BC-based specialized IP survey contractor, will comprise 12.75 line kilometres, and will be conducted over the Bend and Domino Zones. The grid on the Bend structure will be used to produce a detailed 3D inversion model of the Bend vein and target other high-grade ore shoots along the larger structure. The grid on the Domino zone will be a wider spaced survey used to identify large scale anomalies between the past-producing Scottie Gold Mine and the Domino Zone. The surveys will be used to guide the ongoing 2020 drill program, as well as future drill programs.Together these geophysical surveys will aid interpretation in conjunction with sampling and geological mapping and will guide exploration in 2020 and beyond.ABOUT SCOTTIE RESOURCES CORP.Scottie owns a 100% interest in the high-grade, past-producing Scottie Gold Mine and Bow properties and has the option to purchase a 100% interest in Summit Lake claims which are contiguous with the Scottie Gold Mine property. Scottie also owns 100% interest in the Cambria Project properties and the Sulu property. Scottie Resources holds 24,589 ha of mineral claims in the Golden Triangle.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 http://www.scottieresources.com and at www.sedar.com, or by contacting Bradley Rourke, President and CEO at (250) 877-9902 or Rahim Lakha, Corporate Development at (416) 414-9954.Forward 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.
- GlobeNewswire
Scottie Resources Announces 98% Uptake on Accelerated Warrant Exercise for $2.54 Million
NOT FOR DISTRIBUTION TO UNITED STATES NEWSWIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATES. VANCOUVER, British Columbia, Sept. 01, 2020 (GLOBE NEWSWIRE) -- Scottie Resources Corp. (“Scottie” or the “Company”) (TSXV: SCOT), is pleased to announce that it has received $2,542,464.54 from the exercise of 11,556,657 previously issued warrants associated with a financing in the autumn of 2019. On behalf of the Company, the board and management are grateful for the continued support of its shareholders as we continue to advance our Golden Triangle projects, notably the Scottie Gold Project.President and CEO, Bradley Rourke commented “With an exercise rate of 98% our shareholders have resoundingly endorsed our vision for Scottie and its inherent capacity for continued success. Fall 2020 aims to be an exciting time for the Company as we receive and release assays from our active drill program. As of today, we have completed 23 holes out of a planned 45 holes.”On July 6, 2020 Scottie’s share price closed at $0.385, after being at or above $0.29 during the previous 10 consecutive trading days. Based on the terms of the Warrants, this triggered the Company’s option to accelerate the expiry of the 11,351,265 Warrants held by shareholders who participated in the Financing, as well as the 325,392 broker Warrants issued in the Financing (see the Company’s news releases dated September 25, 2019 and October 18, 2019). Scottie provided formal notice of the Warrant acceleration allowing the holder to purchase one common share of the Company for each Warrant held at a price of at $0.22 per Warrant.Funds will be used to add 2,000 m of diamond drilling to the ongoing 2020 drill program (as previously announced on August 13th, 2020), support the follow-up 2021 drill program, and support corporate activities.ABOUT SCOTTIE RESOURCES CORP.Scottie owns a 100% interest in the high-grade, past-producing Scottie Gold Mine and Bow properties and has the option to purchase a 100% interest in Summit Lake claims which are contiguous with the Scottie Gold Mine property. Scottie also owns 100% interest in the Cambria Project properties and the Sulu property. Scottie Resources holds 24,589 ha of mineral claims in the Golden Triangle.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 http://www.scottieresources.com and at www.sedar.com, or by contacting Bradley Rourke, President and CEO at (250) 877-9902 or Rahim Lakha, Corporate Development at (416) 414-9954.Forward 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.
- GlobeNewswire
Scottie Resources Mobilizes Second Drill Rig and Extends Drill Program at Scottie Gold Project in B.C.
NOT FOR DISTRIBUTION TO UNITED STATES NEWSWIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATES. VANCOUVER, British Columbia, Aug. 13, 2020 (GLOBE NEWSWIRE) -- Scottie Resources Corp. (“Scottie” or the “Company”) (TSXV: SCOT) is pleased to announce the addition of a second drill rig on its 100% owned Scottie Gold Project. The second drill rig will increase the amount of drilling by 40%, an additional 2,000 metres to the follow up drill campaign. Scottie is now targeting a total of 7,000 metres of drilling during the 2020 summer field season.President and CEO, Bradley Rourke commented, “With our strong financial position, favourable market conditions and abundance of drill targets, we have decided to increase the metres drilled this summer. The addition of a second drill rig allows us to test new prospective zones and improve the cost efficiency of drilling additional metres given that all the infrastructure and personnel are already in place.”Scottie’s 2020 drill program will follow up on the Company’s successful drill campaign of the 2019 season, including intercepts of 7.44 g/t gold over 34.78 metres on the Blueberry vein, 11.72 g/t gold over 10.95 metres on the past-producing Scottie Gold Mine M-zone, and 73.32 g/t gold over 4.38 metres on the Bend vein. In addition to the follow-up drilling, the Company will test other prospective targets, including the newly discovery Domino Zone, which has a strike length of 700 metres and a width of 200 metres, and returned grab samples of up to 536 g/t gold.Scottie has completed a total of 2,220 metres in 10 diamond drill holes since the commencement of drilling on July 9 and are excitedly waiting for assay results. The drill results will be reported in batches as they are received.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 and Bow properties and has the option to purchase a 100% interest in Summit Lake claims which are contiguous with the Scottie Gold Mine property. Scottie also owns 100% interest in the Cambria Project properties and the Sulu property. Scottie Resources holds 24,589 ha of mineral claims in the Golden Triangle.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 http://www.scottieresources.com and at www.sedar.com, or by contacting Bradley Rourke, President and CEO at (250) 877-9902 or Rahim Lakha, Corporate Development at (416) 414-9954.Forward 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.
