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Scottie Resources – High-Grade results announced from the 14,500meter drill program at the Scottie Gold Mine and Georgia Project in the Golden Triangle

Cory댊
October 11, 2021

Brad Rouke, President and CEO of Scottie Resources (TSX.V:SCOT – OTC:SCTSF) joins us for an update on the initial drill results from the 14,500 meter drill program in the Golden Triangle, focused on the Scottie Gold Mine Property and Georgia Project. Some of the highlighted intercepts include 16.5g/t gold over 10m, 28.8g/t over 4.94m, and 14.6g/t gold over 8.07m.

We have Brad outline the overall strategy of this drill program that is all exploration focused. We discuss the 4 different zones that were drilled and the possible size of each.

If you have any follow up questions for Brad please email us at either Fleck@kereport.com or Shad@kereport.com.

Click here to read over the recent news out of Scottie Resources.

Discussion
14 Comments
    Oct 11, 2021 11:04 PM

    I have owned Scottie twice and these drill results look pretty good when you multiply width times grade. I am always looking for 100.

    Reply
      Oct 11, 2021 11:05 PM

      Agreed David. Scottie Resources is one of my Gold drill-play positions, where I’ve been willing to hold onto it to make some discoveries in this exploration program. It does look like they’ve proved that thesis now at the Blueberry target, and we’re still awaiting assay results for the 5,000 meters around the Scottie Gold Mine, the 2,000 meters drilled at the more greenfields Domino target, and the 2,000 meters drilled at Georgia River (the 4th target which they acquired through the takeover and consolidation of AUX resources).

      I have very few irons in the fire up in the Golden Triangle out of the dozens of companies operating there, but Scottie Resources has one of the best land packages with land adjacent and sandwiched in between the land holdings from both Pretium and Ascot.

      Check out the map of their land package:

      https://scottieresources.com/projects/claims-overview/

      Reply
    Oct 11, 2021 11:24 PM

    Uh-oh. JP Morgan is highlighting Bitcoin as the better inflation hedge than gold. That’s a bit premature to declare on their part, where the cryptos are simply more volatile tech mania speculations at this point, but there are some similar “hard money” qualities to Bitcoin that give it some potential cross-over appeal for those that want a scarce decentralized money without 3rd-party counter-risk.

    There are many that have tried to replace Gold as money and a store of value for 5,000 years, and the pet rock is still here. Bitcoin and the crypto currencies do provide some similar attributes in a few areas, so I could see where it’s the first asset class that has taken some of Gold’s shine away over the last decade for some investors, but I still believe there are markets for both asset classes.

    It’s tiring and also amusing that it always seems to devolve into a all-or nothing maximalist argument for one or the other. They aren’t mutually exclusive, can co-exist, and investors can have positions in both of them, and for similar reasons, or as totally different investments with different goals.

    _____________________________________________________________________________

    Bitcoin — Not Gold — Is The New Inflation Hedge, Says JPMorgan

    By Marco Quiroz-Gutierrez – October 8, 2021

    https://fortune.com/2021/10/08/bitcoin-not-gold-is-the-new-inflation-hedge-says-jp-morgan/

    Reply
      Oct 11, 2021 11:35 PM

      Flirting with Fed Policy Mistake

      By Monica Kingsley / October 11, 2021

      “S&P 500 didn‘t like the underwhelming NFPs, but didn‘t collapse either. Orderly reaction to a bad number powerful enough to postpone Fed‘s Nov taper, to be followed by celebration of continued monetary support, or creeping worries about Fed policy mistake in letting inflation become an even bigger problem than it is already? Not that it‘s not set to become one – even the lazy and slow PCE deflator has scored a jump not seen in decades.”

      “The doubts are starting to be seen in the pressure on USD – the dollar looks set to swing lower next. ”

      “Precious metals should like the inflation spurt, and rising inflation expectations outpacing the nominal yields increase. Real rates (short duration maturities are virtually flat) look to be getting more negative, miners to gold ratio turning, silver to gold ratio rising – good news for the precious metals sector as oil continues its run, and copper presents just one question mark: when it would catch up with other base metals. Cryptos are also set to be doing good when everyone and their brother talks inflation.”

      https://monicakingsley.co/stock-trading-signals/2021/10/11/flirting-with-fed-policy-mistake/

      Reply
        Oct 11, 2021 11:38 PM

        Gold Telegraph @GoldTelegraph_ 6:53 AM · Oct 11, 2021· Twitter

        “China will allow electricity prices to rise by as much as 20%… ”

        “This will impact the output on metals.”

        “China is the biggest producer of most metals.”

        “Remember I said global energy crisis = global inflation?”

        https://twitter.com/GoldTelegraph_/status/1447561074778284032

        Reply
          Oct 11, 2021 11:56 PM

          Aluminum Price Hits 13-Year High As Energy Surge Pressures Supply

          Bloomberg News – October 11, 2021

          “Industry insiders like to joke that aluminum is basically “solid electricity.” Each ton of metal takes about 14 megawatt hours of power to produce, enough to run an average U.K. home for more than three years. If the 65 million ton-a-year aluminum industry was a country, it would rank as the fifth-largest power consumer in the world.”

          “That meant aluminum was one of the first targets in China’s efforts to curb industrial energy usage. Even beyond the current power crisis, Beijing has placed a hard cap on future capacity that promises to end years of over-expansion and raises the prospect of deep global deficits. Energy costs surging across Asia and Europe mean there’s a risk of more supply cuts, and some investors are betting that prices have much further to run.”

          https://www.mining.com/web/aluminum-price-hits-13-year-high-as-energy-surge-pressures-supply/

          Reply
      Oct 11, 2021 11:46 PM

      This is a pretty funny parody advertisment of the cryptos for those that would like a chuckle:

      __________________________________________________________________________________________

      If Cryptocurrency Was Honest – Honest Ads
      (Bitcoin, Dogecoin, Ethereum, Stellar, and Binance Parody)

      Oct 6, 2021 – Cracked

      https://youtu.be/GUs5y9leCyA

      Reply
        Oct 11, 2021 11:08 PM

        Despite that, the cryptos continue to attract more institutions and higher net worth individuals as the story unfolds…

        ____________________________________________________________________________

        Kevin O’Leary – For the First Time My Crypto Exposure Is Greater Than Gold

        Stansberry Research – Oct 1, 2021

        Shark Tank star Kevin O’Leary, also known as Mr. Wonderful, says the multi-trillion-dollar spending bill proposed by democrats is “insane” as it would, “make tax rates so uncompetitive to the global economy.” The venture capitalist continues on saying, “if you’re an investor, get ready for volatility.”

        O’Leary asserts that he doesn’t, “see a situation where crypto is ever going away.” Now holding more cryptocurrency assets than gold, he believes that, “there will be disruption,” in the global money transaction world.

        https://youtu.be/-itA_M-JAv0

        Reply
    Oct 11, 2021 11:47 PM

    Why would anyone believe anything that comes out of JP Morgan. 5 Felony convictions to the criminal citizens united corporate person. They should put most of the leadership in jail and break them up in little pieces. Criminal operation. How many 5 time felons would you like to hire as your financial advisor. What does this country take to face truth.

    Reply
      Oct 11, 2021 11:31 PM

      Completely agreed David, but despite their criminality, JP Morgan is unfortunately still taken seriously by a huge component of the mainstream financial community.

      If they are pumping Bitcoin as the better inflation hedge than Gold, then whether that has any shred of truth or not is irrelevant, to the influence they peddle and the potential adoption by the financial lemmings. It just seemed interesting to share that this was their messaging lately.

      Reply
        Oct 11, 2021 11:37 PM

        What is also tragically comical is the Jamie Dimon quote today reminding people he called Bitcoin worthless. Haha!

        _______________________________________________________________________________

        Jamie Dimon Says Bitcoin Is ‘Worthless’

        Mon, Oct 11 2021 – CNBC – Taylor Locke

        Jamie Dimon, JPMorgan Chase chairman and CEO, isn’t a fan of bitcoin, the largest cryptocurrency by market value.

        “I personally think that bitcoin is worthless,” Dimon said during an Institute of International Finance event on Monday.

        For his part, however, Dimon has held firm in his anti-crypto outlook.

        Recently, he told Axios CEO Jim VandeHei that bitcoin has “no intrinsic value.” And although he thinks bitcoin will be around long term, “I’ve always believed it’ll be made illegal someplace, like China made it illegal, so I think it’s a little bit of fool’s gold.”

        Dimon also told VandeHei that he thinks “regulators are going to regulate the hell out of it.”

        https://www.cnbc.com/2021/10/11/jpmorgan-chase-ceo-jamie-dimon-says-bitcoin-is-worthless.html

        Reply
    Oct 11, 2021 11:50 PM

    (MUX) McEwen Mining: Progressing Slowly

    Oct. 11, 2021 – @FunTrading – Seeking Alpha

    https://seekingalpha.com/article/4459369-mcewen-mining-progressing-slowly

    Reply

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