Scottie Resources Corp has the option to acquire a 100% interest in the 471.92 hectare Bow property (the “Bow”) located in the Golden Triangle mining district of British Columbia.
The Bow is contiguous with the Company’s 100% owned Scottie Gold property which hosts the past producing Scottie Gold mine. The Scottie Gold mine, operated from 1981 to 1985, milled vein material averaging 16.2 g/t gold, producing 95,426 ounces of gold from 183,147 tonnes of mineralization. Previous exploration work has indicated 13 different gold-bearing veins on the Bow and Scottie Gold properties.
The Bow property covers a package of Hazelton Group volcanic rocks in contact with the Summit Lake stock, part of the Texas Creek plutonic suite. This sequence of rocks exhibits similar alteration and mineralization to the former-producing Premier mine 20 kilometres south of the Bow property, and the KSM copper-gold porphyries and Brucejack gold deposits 20 kilometres north of the Bow property.
A small drill program in 1985 by Esso (1091 m) targeted the Bend vein, where drill results over a 16 m strike-length interval of the vein had an average width of 2 m, with average grades of 22.7 g/t gold and 67.5 g/t silver. This includes a 4.17 m true width interval grading 70.65 g/t gold. Drilling also tested the Blueberry vein, where a 1.59m interval was intersected - averaging 26.59 g/t gold, and 21.83 g/t silver.
Drilling in 2005 by Tenajon (535.7 m) traced the Bend vein structure over 110 m and up to 60 m down-dip. Using only the weighted averages from the 2005 drill core, the zone grades 13.3 g/t Au, 36.7 g/t Ag, 0.25% Co and 0.16% Cu across 1.64m (true width).
In late 2013, Decade Resources Ltd. (“Decade”) completed an extensive program of mapping, sampling, prospecting and trenching on the Bow property. Trenching of a 4.5 metre vein returned numerous high-grade gold results including 23 assays exceeding 500 g/t gold. Three main areas were explored, namely the Bend vein area, the Oro Grande/Blueberry vein area and an area near the south end of the Bow property. Work defined three new veins and a possible fourth along the access tunnel to the former Scottie Gold mine near its A portal. This access tunnel starts at the southwestern portion of the Bow property and was driven southwest for 2.3 kms to the Scottie Gold mine. The dumps for the broken muck from the first 500 metres of the tunnel (on the Bow property) are at the A portal. Pieces of massive pyrrhotite-pyrite mineralization are present in this dump, indicating the presence of a vein and/or veins in the first 500 metres of drifting. Fine visible gold is present in bluish quartz fragments within a matrix of massive pyrrhotite-pyrite.
2019 Exploration Program
The 2019 work program on the Bow Property included:
- Detailed geological mapping
- Drilling of 1507.9 metres on two targets: Bend Vein and Blueberry Vein
The 2019 drilling program was designed to confirm historical results and expand the known extent of the high-grade gold and silver mineralization on the Bend and Blueberry Veins. The company integrated the historical data and recent 2018 and 2019 exploration work into new structural models to better understand the geometry of mineralization.
The Bend Vein is a quartz-carbonate-chlorite sulphide bearing vein system located in/along the east-northeast trending Bend Fault, whose strike has been traced for more than 700 m. Sulphide mineralization within the vein consists of up to 60% combined pyrrhotite and pyrite, along with minor chalcopyrite and arsenopyrite. Late stage faulting has brecciated the footwall of the Bend Vein, and minor related shears have cut the vein into steeply plunging segments.
From the Bend Vein the results from drill hole SR19-11 include 73.32 g/t gold and 71.01 g/t silver over 4.28 m core length, which includes 152.5 g/t gold and 143.56 g/t silver over 1.89 m. These results exemplify the high-grade gold and silver potential of the Bow Property.
Table 1 – Selected Results from the 2019 Drilling on the Bend Vein target, Bow Property
The Blueberry Vein is a moderately dipping, SW striking, chlorite-rich pyrrhotite-pyrite vein; on surface the vein ranges from 0.2 – 2.0 m in width. The vein is hosted in andesitic volcanics and siltstones of the Unuk River Formation of the Hazelton Group, and is situated in a minor shear with a small displacement. Bounding narrow shears within the hanging wall and footwall of the vein locally control the thickness of the vein, forming rolls in the vein. The orientation of these rolls is typically moderate plunging and trending to the southwest.
Blueberry Vein hole SR19-20 demonstrates that significant intervals of high-grade mineralization are present within the Blueberry Vein structure, and that they are wider and extend deeper than previously tested. The location of the intercept in SR19-20 suggests that there may be a significant splay off of the Blueberry vein, this will be tested with future drilling.
Table 2 – Selected Results from 2019 Drilling on the Blueberry Vein target, Bow Property