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SCOT:TSX.V

Scottie Resources Corp.

Scottie Resources Corp. is a gold and silver exploration company with properties located in the "Golden Triangle" area of British Columbia, Canada. Scottie owns 100% interest in the past producing Scottie Gold Mine, which produced 95,426 oz at an average recovered grade of 16.25 g/t gold in the early 1980s. Scottie also owns 100% interest in the Bow Property, which is contiguous to the Scottie Gold property. The company also has 100% in the Ruby Silver, Black Hills and Sulu property, all located in the Golden Triangle. The road accessible Scottie Gold Mine is located 20 km south of Pretium's Brucejack Mine, and 14 km north of Ascot's Premier Mine.

The company has a strong retail and institutional shareholder base with strategic investor Eric Sprott investing $2 million January 2020. In April 2020, management advanced acquisition of strategic land position by decreasing the optioned claims from 36% to 6.4%. The team recently closed an over-subscribed $3.5 million financing with significant insider and newsletter writer participation. Management is well funded to follow up their successful 2019 exploration drill program with a 5,000 meter drill campaign this summer.
SCOT:TSX.V

Expert Comments:

Scottie Resources is finding its past-producing mine to be fertile ground for new discoveries.
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Scottie Resources will test at least three high-priority targets there during this campaign.
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Peter Epstein
Peter Epstein of Epstein Research interviews Brad Rourke, CEO of Scottie Resources, a 'rising star' working in the prolific Golden Triangle.
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headshot of Peter Epstein

Peter Epstein, Epstein Research

(6/30/20)
"Scottie Resources Corp. has gained an impressive +273%, but I believe it has room to run up on further exploration successes this season. . .the company's valuation is attractive and right in the sweet spot of Golden Triangle peers. Companies like Skeena, GT Gold, Tudor Gold and Ascot Resources are much larger; I think these four are potential acquirers of Scottie, especially Pretium and Ascot, both of which share borders with Scottie."

headshot of Brien Lundin

Brien Lundin, Gold Newsletter (Jefferson Financial)

(6/25/20)
"Scottie Resources Corp. raised CA$968K this month by completing a single issue private placement that issued 4.4M units priced at CA$0.22/unit. . .with those funds in hand, the company has mobilized its field crew to begin a soil sampling and mapping program on its Cambria project."

headshot of Gwen  Preston

Gwen Preston, The Maven Letter

(6/24/20)
"Scottie Resources Corp. is now in the field on its projects in the Golden Triangle. The initial focus will be on the recently acquired Cambria project, which will see a round of soil sampling and mapping; once that is done the company will move up to the Scottie mine area, which will see the majority of exploration this year."

headshot of Brien Lundin

Brien Lundin, Gold Newsletter (Jefferson Financial)

(5/28/20)
"Scottie Resources Corp. has closed on an upsized private placement it announced in late April; the company raised CA$3.5M by issuing 14.6M flowthrough shares priced at CA$0.24/flowthrough share. The money will allow Scottie to aggressively explore its holdings in the Golden Triangle."

headshot of Gwen  Preston

Gwen Preston, The Maven Letter

(5/6/20)
"Scottie Resources Corp. announced a $2M private placement last week that was quickly upsized to $3.5M. . .assuming the company hits no COVID hiccups, the work this money will fund has the potential to deliver the kind of high-grade results that can move the needle in the current market, especially since Scottie is set up to test not only for good grades but also for scale of gold at its northern British Columbia project."

headshot of Brien Lundin

Brien Lundin, Gold Newsletter (Jefferson Financial)

(4/30/20)
"Scottie Resources Corp. took advantage of the COVID lull to expand its land position in the Golden Triangle; the company's holdings in the region have grown from 19,113 ha to 24,589 ha. In the process, Scottie has substantially decreased the percentage of claims it has under option; the switch from optioning to owning these claims will save Scottie more than CA$1M in payments over the next three years."

More Expert Comments

Experts Following This Company

headshot of Peter Epstein
Peter Epstein, CFA – Epstein Research
headshot of Brien Lundin
Brien Lundin, Author Gold Newsletter (Jefferson Financial)
headshot of Greg McCoach
Greg McCoach, Editor – The Mining Speculator
headshot of Gwen  Preston
Gwen Preston, Founder Resource Maven

The information provided above is from analysts, newsletters and other contributors. Please contact the company and visit its website before making an investment decision.See disclaimer for more details.

Investing Highlights
 
Past gold producer with an active mine permit, Existing underground 200 tonne/day mill
 
Excellent potential to significantly expand resources and reserves
 
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
catalyst Calendar
Q3
2020
5,000 m surface-based drill program in summer 2020
Q3
2020
Airborne EM survey IP survey over select targets in summer 2020
Q4
2020
Detailed surface sampling and mapping of newly identified targets 2020