JV Video: Scottie Resources eyes a first resource estimate by March

Scottie Resources (TSXV: SCOT) plans to release its first resource estimate by early March, CEO Bradley Rourke told a London conference.

The Vancouver-based junior targets more than a million ounces of high-grade gold in place at its namesake project in British Columbia, he told The Northern Miner’s International Metals Symposium on Dec. 2.

Rourke called achieving the resource milestone, to be released before the Prospectors and Developers Association of Canada’s annual convention in Toronto takes place on March 2-5, transformational. The company’s $50 million market cap contrasts with its infrastructure advantages, he said.

“We’ll force the market to re-rate us,” he said. “From the moment we commit, we could turn rocks into dollars in about 30 months.”

Scottie’s Blueberry Zone discovery changed its exploration strategy. The zone’s high-grade mineralization raised expectations. Past results include intercepts of 74 grams gold over two metres.

A royalty deal with Franco-Nevada (TSX: FNV; NYSE: FNV) brought $8.1 million in funding, an unusual endorsement for a company without a resource.

Watch the full discussion below, moderated by The Northern Miner’s interim editor-in-chief Colin McClelland.

JV videos are sponsored content in arrangement with The Northern Miner.