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Scottie Resources Corp ( (TSE:SCOT) ) has provided an update.
Scottie Resources Corp announced significant high-grade gold results from its 2024 drilling program at the Blueberry Contact Zone, part of the Scottie Gold Mine Project. The recent assays revealed gold grades of 59.2 g/t over 2.50 meters and 35.2 g/t over 2.00 meters in different vein zones, bolstering the company’s efforts to finalize its maiden resource estimate. These promising results are expected to enhance Scottie’s market positioning by demonstrating the project’s financial potential and shortened development timeline, which could attract further stakeholder interest.
More about Scottie Resources Corp
Scottie Resources Corp is a mining company focused on exploring and developing gold resources. The company is primarily engaged in the mining industry, with a special focus on the Scottie Gold Mine Project and the Blueberry Contact Zone located near Stewart, British Columbia.
YTD Price Performance: -10.53%
Average Trading Volume: 35,504
Technical Sentiment Consensus Rating: Buy
Current Market Cap: C$42.47M
See more insights into SCOT stock on TipRanks’ Stock Analysis page.