Scottie West

Snapshot

Location: British Columbia, Canada
Ownership: 100% owned (optioned to Goldplay Mining)
Deposit Type: Gold bearing Mesothermal Veins
Primary Minerals: Gold
Stage:  Early stage exploration

Overview
The Scottie West property was staked by Coast Copper on May 19, 2020. The Property is located in the Golden Triangle, approximately 35 kilometres northwest of Stewart, B.C and immediately west of the Scottie Gold Mine Property.

On November 23, 2020, Coast Copper annouced it optioned the Scottie West Property to Goldplay Mining (formerly Industria Metals Inc) whereby Goldplay has an option to earn 70% by making aggregate cash payments of $500,000, issuing common shares with a total value of $500,000 and incurring $1,000,000 of exploration expenditures over a 4-year period. Upon Goldplay's successful completion of the earn-in, Coast Copper and Goldplay will form a join venture on the Property. Coast Copper will retain a 2% net smelter return ("NSR") royaltiy of which Goldplay can repurchase 1% of the NSR for $2,000,000 at any time after a production decision has been made. 

Geology
As mapped by the British Columbia Geological Survey, the Scottie West claims are included within the Jurassic Hazelton volcanic formation, Jurassic Texas Creek intrusions and Eocene-aged intrusions that are also host to numerous mineral occurrences and past producing mines throughout the Stewart Camp, including Ascot Resources’ Premier Mine and Scottie Resources’ Scottie Gold Mine.

Work completed by Coast Copper
In September 2020, Coast Copper completed a geophysical survey over the Scottie West Property. The magnetic and EM survey was carried out by Precision GeoSurveys Inc. A total of 474-line km were completed over the eastern two thirds of the property commencing from the claim boundary with Scottie Resources Corp.


Cautionary Notes

Qualified Persons: The Qualified Person responsible for the technical information on this webpage is Wade Barnes, P. Geo., Company Geological Consultant, who has approved the technical information included herein. Any reference to adjacent properties, historical estimates and resources should not be relied upon.

Historical Information: Historical information provided on this webpage regarding the Company’s projects or adjacent properties cannot be relied upon as the Company’s QP as defined under NI-43-101 has not prepared nor verified the historical information. A Qualified Person has not done sufficient work to classify any historical mineral resource estimate(s) referenced herein as a current estimate and Coast Copper is not treating such as current mineral resource(s).

Adjacent Properties: This webpage may contain information about adjacent properites on which Coast Copper Corp has no right to explore or mine. Investors are cautioned that mineral deposits on adjacent proprites are no indicative of mineral deposits on the Company’s properties. 

Investors are cautioned that the exploration target at Scottie West is an early-stage exploration prospect, conceptual in nature. There has been insufficient exploration to define a mineral resource and it is uncertain if further exploration will result in the target being delineated as a mineral resource.