The Scottie Gold Mine

The Scottie Gold Mine Property is located 32 km north of Stewart, BC, and is situated 20 km north of Ascot’s Premier Gold Mine and 27 km south of Pretivm’s Brucejack Mine. Scottie Gold Mine is a past producing mine that operated from 1981 to 1985, and produced 95,426 oz gold at an average grade of 16.2 g/t. The 319 ha property consists of 14 Crown granted claims which are contiguous with 2 modified grid system claims. Scottie Resources has 100% interest in the Scottie Gold Mine subject to a 3% NSR (of which 2% can be purchased for $600,000). The mineralized veins of the Scottie Gold Mine are hosted within the Early Jurassic Unuk River andesite unit of the Hazelton Group and appear to be derived from a similarly-aged intrusion of the Texas Plutonic suite. This setting is similar to several other precious and base metal deposits in the area, including Snip, Premier-Dilworth, Red Mountain, Brucejack, Kerr-Sulphurets-Mitchell, Snowfield and Bronson Slope.

Drilling in 2019 by Scottie Resources confirmed that the Scottie Gold Mine was neither mined out or drilled off. Results from drill hole SR19-13 include 7.27 g/t gold and 3.83 g/t silver over 25.02 m, which includes 11.72 g/t gold and 5.83 g/t silver over 10.95 m.

2815 metres of drilling and extensive surficial rock sampling was completed at the Scottie Gold Mine during the 2020 season. Results have been provided with many excellent grades, such as an intercept of 109.4 g/t gold over 2.53 metres, as can be seen in this news release.

Property Highlights:

  • Past gold producer with an active mine permit
  • The property is road accessible from the Salmon Glacier Road, and is 1 km west from the Brucejack Mine extension of the Northwest Transmission Line (NTL)
  • Existing underground 200 tonne/day mill
  • 6 portals, shafts, rail system, and 7 km of drifts
  • The deposit remains open along strike and at depth, and has potential for multiple parallel mineralized structures
  • Limited exploration drilling on the property - at surface numerous high-grade mineralized veins have been identified but never drilled
  • Excellent potential to significantly expand resources and reserves

A three-dimensional model of the historic Scottie Gold Mine deposit.

 

The Scottie Gold Mine shutdown on February 18, 1985 due to a high interest rate on the $20M loan required to start the mine and a low price of gold ($300/oz). At the time of shutdown, mill recoveries were at 92-95% and reserves in all categories were estimated at 132,306 short tons grading 0.56 oz Au /short ton (17.50 g/t Au) (not NI-43-101 compliant). Since its closure, limited work has been completed on the Scottie Gold deposit with known ore zones open in multiple directions.

The deposit consists of a number of east-west to northwest trending, steeply dipping, shear veins. At least 13 zones of gold-bearing quartz-carbonate sulphide (pyrite ± arsenopyrite ± pyrrhotite ± chalcopyrite ± galena ± sphalerite) veining occur on the property. These veins host sulphide-rich shoots with highly anomalous gold values and are hosted in a package of andesitic volcanics from the Unuk River Formation that are situated adjacent to the contact with the Summit Lake stock, part of the early Jurassic aged Texas Creek Plutonic Suite. The style of mineralization is characteristic of intrusion-related mesothermal veins.