image of Scottie Resources A Triangular Triumph

Stock Chart Scottie Resources

Writer: Kevin Dwyer CEO,Head Trader
May 31, 2024

 

UNCOVERING TREASURE: SCOTTIE RESOURCES CORP'S GOLDEN TRIANGLE ENDEAVOUR

Navigating the Golden Triangle: A Junior Miner's Journey

Venturing into the junior mining world, Scottie Resources Corp is a beacon of modern exploration within the industry's hallowed grounds known as the Golden Triangle of British Columbia, Canada. Bradley Rourke., the President and CEO, (Brad R), shines a light on the forward strides the company is making in this historically rich mining district. Over recent years, the Golden Triangle has experienced a resurgence, drawing in nearly 5 billion dollars in investment, a testament to the region's untapped mineral wealth. Scottie Resources, nestled within this mineral-rich terrain, holds a commendable 60,000 hectares of land, which includes seven past-producing mines, underpinning their firm stance in this thriving hotspot for gold and silver discoveries.

Strategic Positioning Defines Potential

The strategic position of Scottie Resources is undeniably advantageous. Surrounded by industry titans such as Ascot and now Newmont, the company is poised in the right environment for prolific mineral discoveries. What notably sets Scottie Resources apart is the infrastructure readiness, boasting a power line running through their property border and a mining permit—an uncommon privilege for an exploration company. The Scottie Gold Mine historical operation produced an enviable half ounce per ton before economics forced its closure. The past, however, has paved the way for present opportunities. Brad R. saw the potential simmering beneath the surface and took over the company in 2016 with the vision of unlocking the vast, untapped value.

The Heart of Exploration: The Blueberry Discovery

The Blueberry Discovery is Scottie Resources' crowning jewel, a project brimming with high-grade gold potential that commands attention. With a drill cost that defies industry standards at a mere $315 per meter—including geophysics—their ability to conduct extensive and cost-effective exploration sends ripples of excitement across the sector. In the tapestries of the company's land, where the Georgia River Mine once sat, they have established an impressive non-compliant resource of about 270,000 ounces, minting a 20 G grade. Yet, the blueberry zone currently captures Scottie Resource's explorative focus. This remarkable zone has revealed itself through systematic drilling over two seasons, with each discovery drill confirming the existence of significant gold mineralization, further bolstering the project's potential.

Maximizing Value and Exploration Prospects

Management confidently believes that the palpable value existing within the company's market cap, impending at around $50 million, is grossly understated. The value proposition that Scottie Resources offers extends beyond the Blueberry Zone itself, promising exploratory prospects that could reshape its stakeholders' fortunes. One of Scottie Resources' most significant advantages lies in its ability to leverage existing infrastructure to minimize costs and maximize exploration potential. With a nearby power supply and existing road access, the company is uniquely positioned to maintain low operational costs while extending its exploratory reach effectively.

The Quest for Gold Continues

In pursuing its mission, Scottie Resources utilizes advanced exploration techniques, data interpretation, and cutting-edge 3-D modelling to unravel the geological secrets of the Golden Triangle. By focusing on properties with demonstrable potential but historically undervalued due to infrastructural constraints—constraints that are lessening with time—the company envisions a future where their discoveries transition from mere prospects to operational mines. Scottie Resources holds, outright or with the option to acquire, notable projects like the Blueberry, Domino, and the past-producing zones of the Scottie Gold Mine Project. Moreover, the company wholly owns the Georgia Project, Tide North, Sulu properties, and more than 85% of claims within the Cambria project, with each property presenting a canvas for potential lucrative mineral findings. In sum, Scottie Resources Corp is on an unwavering quest to bring value to their shareholders by tapping into the auriferous potential of the Golden Triangle, striking gold where gold has been struck before, and carving a name for themselves as a junior explorer with the grit and vision of a future mining titan.

 

Scottie Resources Corporate

Share Structure

  • Shares Issued and Outstanding: 276,991,067
  • Market Capitalization: $49.86 Million
  • 52 Week Range: $0.155 - $0.35
  • Warrants: 26,048,717
  • Options: 23,320,117
  • Fully Diluted: 326,359,901

Ownership Breakdown

  • High Net Worth (HNW)/Institutional: 61%
  • Retail: 33%
  • Insiders: 6%

 Have a look at the Scottie Resources investors section on their website.

 

 





















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