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Initial Structural Study and Database review on Scotgold’s Cononish and Grampian Gold Projects highlights 11 significant prospects within Study area, including 2 comparable to Cononish. Highlights  Structural Study completed and used with existing data to develop a prospectivity map for gold in the Cononish / Glen Orchy option area, comprising approximately 250 km2 out of 4,100 km2 in total under option.  6 highly prospective targets are identified within 2.5 km of the Cononish Gold and Silver Project.  5 further highly prospective targets are outlined within study area.  The study has highlighted the Beinn Udlaidh and Arrivain areas in particular as having prospectivity at least comparable to the Cononish deposit and further exploration work for these is being prioritised accordingly.  Further work now planned to expand the collection of structural data and coverage of the prospectivity map regionally.  The study also indicates that structural analysis will be a key tool for the identification of “pay shoots” within the Cononish deposit and therefore is expected to assist with future resource expansion at depth and on strike. Results of Structural Study In June 2015, Scotgold Resources Ltd engaged the services of Dr. Pablo Gumiel and Dr. Monica Arias, of Consulting de Geología y Minería, S.L., to conduct a structural study and initial analysis of Scotgold’s extensive Geographic Information System (GIS) database covering the Grampian Gold project. The study aimed initially to develop a structural model, focussed on the Cononish deposit, to improve the understanding of the evolution of gold / silver mineralisation in the Tyndrum area. The study then combined the extensive existing geochemical database with structural data from Drs Gumiel and Arias’ recent fieldwork, using new analytical techniques to assess various aspects of prospectivity and develop an initial prospectivity map.
The prospectivity map uses techniques that take account of a number of geological parameters identified in the study as critical to potential economic mineralisation, including:     High grade rock outcrop data Fracture density Typology (characteristics) of the vein structures / systems Other GIS based historic data Through 3 Dimensional (3D) geological and GIS modelling, a preliminary prospectivity map was then developed for the study area to identify areas of high priority using a weighted gridding method. Based on the resulting prospectivity map, the study has identified a series of high priority targets, with 6 being located within a 2.5 km radius of Cononish, including 2 outside the Loch Lomond and Trossachs National Park (LLTNP). A further 5 have been identified within the studied area, all of which are outside the LLTNP. Close to the Cononish deposit, Coire Nan Sionnach and Kilbridge are highlighted as highly prospective, along with two further parallel anomalies between the Cononish deposit and Coire Nan Sionnach. Outside this area, the map has re-highlighted the Beinn Udlaidh and Arrivain areas in particular as important targets for ongoing exploration. Based on the ranking in the study, the map shows the area to have a prospectivity at least comparable, if not higher, than the Cononish deposit. In addition, Glen Orchy (River Vein and Tom a Chro), Sron Garbh and Coire Chailein are indicated to have a high ranking warranting further exploration.