Scottie Resources Corp. and AUX Resources Ltd are pleased to announce that they have completed their previously announced amalgamation pursuant to an amalgamation agreement dated May 4, 2021 among Scottie, 1302668 B.C. Ltd., a wholly-owned subsidiary of Scottie, and AUX Resources Corp.. Highlights Merger combines two sizeable and complementary land [...]
Scottie Resources Corp. is happy to report that it has commenced its 2021 drill program. The 12,500 m drill program is designed to advance multiple exploration targets within the Scottie Gold Mine Project, including the Blueberry, Scottie Gold Mine "O", and Domino Zones. In addition to the drill start up, Scottie is pleased to report new assay [...]
Scottie Resources Corp. is pleased to announce that it has closed its previously announced bought deal private placement financing pursuant to an underwriting agreement dated June 1, 2021 with Stifel GMP, raising aggregate gross proceeds of C$5,643,000. Stifel GMP acted as sole underwriter pursuant to the terms of the Offering, under which the [...]
Scottie Resources Corp. is pleased to announce that it has entered into an agreement with Stifel GMP, pursuant to which Stifel GMP will purchase, on a "bought deal" private placement basis, 20,000,000 flow-through common shares of the Company at a price of C$0.27 per Charitable FT Share for aggregate gross proceeds to the Company of C$5,400,000 [...]
Scottie Resources Corp. and AUX Resources Corporation are pleased to announce that, further to their proposed transaction announced on April 12, 2021, they have signed an amalgamation agreement dated May 4, 2021 pursuant to which a wholly-owned subsidiary of Scottie will amalgamate with AUX and all of the issued and outstanding common shares of AUX [...]
Scottie Resources Corp. announces that it has granted 2,100,000 options to acquire common shares to certain directors and officers of the Company. The options are exercisable at a price of $0.25 per share and are valid for a period of five years. Scottie owns a 100% interest in the high-grade, past-producing Scottie Gold Mine and Bow properties and [...]
Scottie Resources Corp. and AUX Resources Corp. are pleased to announce that they have entered into a letter of intent dated April 9, 2021 pursuant to which Scottie will acquire all of the issued and outstanding shares of AUX on the basis of one common share of Scottie for each share of AUX. The Transaction will consolidate the contiguous [...]
Scottie Resources Corp. is pleased to report new assay results for the Blueberry Zone, including intercepts of 10.2 g/t gold over 3.21 m and 1.31 g/t over 22.13 m. These intercepts further support the existence of the N-S mineralizing system that was first discovered by Scottie in late 2019. The newly defined trend remains open along strike and at [...]
Scottie Resources Corp. is pleased to report drilling results on the infill and expansionary drilling around the Scottie Gold Mine M-zone including intercepts of 12.6 g/t gold and 4.43 g/t silver over 5.22 metres and 10.7 g/t gold and 5.38 g/t silver over 5.70 metres. The 2020 drill results continue to establish both lateral and vertical expansion [...]
Scottie Resources Corp. is pleased to report drilling results on the O-Zone target, part of the Scottie Gold Mine including 2.26 g/t gold and 6.53 g/t silver over 19.04 m, which includes a high-grade interval of 10.7 g/t gold and 31.2 g/t silver over 2.77 metres. The four holes drilled at O-Zone during 2020 demonstrate that the high-grade zone is [...]
Scottie Resources Corp. is pleased to report assay results for the first ever drill program at the Domino Zone, including a high-grade intercept of 12.4 g/t gold and 8.7 g/t silver over 2.69 metres in which the hole ended in mineralization at a depth of 121.5 metres. Drilling also revealed near surface mineralization grading 19.9 g/t gold and 71.6 [...]
Scottie Resources Corp. is pleased to report grab sample results and preliminary results from an induced polarization survey carried out over the Domino Zone. Numerous high-grade surficial samples increase the strike length of the mineralized zone to 900 metres, and the width to 450 metres. The Domino Zone was discovered in 2019, when high-grade [...]