Scottie Resources Corp (OTCQB:SCTSF) (SCOT.V) Stock In Focus After Positive Initial Metallurgical Test Results
If you are currently looking into gold mining companies then it could be a good time to take a look into Scottie Resources Corp (OTCQB:SCTSF) (SCOT.V). The company has a 100% stake in the Scottie Gold Mine Property. The property encompasses the Blueberry Zone and also the past-producing high-grade Scottie Gold Mine.
Scottie Resources Reports Positive Initial Metallurgical Test Results For Blueberry Zone With Up To 97.6% Gold Recovery
Additionally, the company also owns the Georgia Project in its entirety and that property includes the past producing high-grade Georgia Gold Mine. Other properties owned by Scottie Resources Corp include the Sulu property and the Cambria project. The company holds around 60000 hectares of mineral camps in the Stewart Mining Camp located in Golden Triangle.
On June 13 Scottie Resources Corp announced positive preliminary metallurgical test results for the Blueberry Zone. The program had been conducted by Sepro Laboratories, which is an independent metallurgical consultant. It tests had been conducted at Sepro’s testing facilities located in Langley, British Columbia.
Brad Rourke, the company’s President, and Chief Executive Officer, noted that the primary role of junior explorers like Scottie Resources Corp was to take up the risks associated with answering the unresolved questions. He went on to add that the test results indicated strong gold recoveries.