The Blueberry Zone is located just 2 km northeast of the 100% owned, past-producing Scottie Gold Mine located in British Columbia, Canada’s Golden Triangle region. The Blueberry Zone is located on the Granduc Road, 20 km north of the Ascot Resources’ Premier Mill, which has recently completed financing for reactivation (Dec 10, 2020). Historic trenching and channel sampling of the Blueberry Vein include results of 103.94 g/t gold over 1.43 m, and 203.75 g/t gold over 1.90 m. Despite high-grade surficial samples and easy road access, the Blueberry Vein had only limited reported drilling until acquisition of the claims by Scottie Resources in December, 2018.

The target was significantly advanced during Scottie’s 2019 drill program when an interval grading 7.44 g/t gold over 34.78 m was intersected in a new splay zone off of the main Blueberry Vein. The drill results received in 2020, coupled with surficial mapping and sampling suggest that this splay is in fact a major N-S mineralizing structure, of which the Blueberry Vein was only a secondary structure. This near surface zone is much wider than pursued in previous exploration models and establishing the orientation and continuity of it was a priority during the 2020 drill program. A total 1,609 metres in 11 holes were drilled into the Blueberry Zone during 2020.

In 2021, the company developed a new geological model for the Blueberry Contact Zone as a property scale structural feature. Fieldwork and drilling has delineated the architecture of the system, which links several widely spaced high-quality targets along a common structure, and ultimately generates clear new targets along the projected extension. With successful intercepts from 2020, drilling ramped up in 2021 with a total of 5,109 metres in 42 holes. This program successfully extended the strike length of the mineralized N-S structure to over 720 metres, which remains open in all directions. In additional, numerous significant high-grade gold discoveries were made, including 34.6 g/t gold over 11.86 m (March 8, 2022), and 15.3 g/t gold over 13.49 m (February 8, 2022).

Table 1: Select 2021 drill intercepts from the Blueberry Contact Zone
*True thicknesses of mineralized intercepts are undetermined

Table 2: Select drill intercepts from 2019-2021
*True thicknesses of mineralized intercepts are undetermined

Figure 1: Overview plan view map of the Blueberry Zone, highlighting the projection of the inferred N-S mineralizing trend and drill intercepts from 2021.

Figure 2: Grade thickness interpolated contour model of the Blueberry Zone. The contours are based on the drill intercepts and do not represent true thicknesses. Drilled pierce points are displayed to provide some context relating to the drill hole density and the impact of interpolation in areas of little to no drilling. The model has an average thickness of ~15 metres and the viewed window is ±50 metres.