Menu
Sign In Search Podcasts Charts People & Topics Add Podcast API Pricing
Podcast Image

Company Interviews

Scottie Resources (TSXV:SCOT) - Pursuing High-Grade BC Gold Discovery

19 Sep 2023

Description

Interview with Bradley Rourke, President & CEO of Scottie Resources Corp.Our previous interview: https://www.cruxinvestor.com/posts/scottie-resources-scot-20000m-drill-plan-to-expand-mineralised-envelope-3123Recording date: 15th September 2023Scottie Resources is advancing a district-scale 60,000 hectare land package in British Columbia's prolific Golden Triangle. The company boasts seven past-producing mines, with current exploration focused on expanding the high-grade Blueberry zone at the Scottie Gold project.In a recent interview, President and CEO Brad Ruck outlined Scottie's systematic exploration strategy and potential pathways to create shareholder value. The company completed a 20,000 metre drill program in 2022, with assays pending over the next few months. An initial hole returned 56 g/t gold over 3.7 metres, connecting high-grade mineralization across the zone model.Ruck explains that Blueberry is road accessible and contains near surface intercepts over 300 g/t gold. Scottie has designed variability test work on composite samples, achieving up to 97% recoveries at nearby mills. This derisks the deposit and provides a baseline valuation.With the goal of outlining 1+ million ounces of high-grade gold, Scottie is well positioned for an M&A exit or production scenario. The company has garnered major corporate interest after its discovery success. Strategic discussions are likely once the full drill results are released.To advance Blueberry and its regional targets, Scottie is considering traditional and alternative financing options suited to challenging markets. These include royalty deals, JVs, and strategic investments. A small capital raise was recently launched and anchored by a lead institutional order.Despite depression in junior equities, Scottie has maintained drill productivity via its fixed infrastructure and hands-on approach. With one of few fully-funded 20,000m programs in the Golden Triangle this year, Scottie will deliver a steady news flow into early 2023. Its seasoned team continues executing through cycles to drive shareholder value.Overall, Scottie offers leverage to new high-grade gold discoveries in a top-tier jurisdiction. The investment case combines proven technical skills with project optionality across a large land package. As assays arrive, Blueberry has potential to emerge as the next flagship deposit in the Golden Triangle.—View Scottie Resources' Company Profile: https://www.cruxinvestor.com/companies/scottie-resources-corpSign up for Crux Investor: https://cruxinvestor.com

Audio
Featured in this Episode

No persons identified in this episode.

Transcription

This episode hasn't been transcribed yet

Help us prioritize this episode for transcription by upvoting it.

0 upvotes
🗳️ Sign in to Upvote

Popular episodes get transcribed faster

Comments

There are no comments yet.

Please log in to write the first comment.