coincidence ,no way !

Kenglo One Ltd are our biggest shareholder , they are also Galantas Golds biggest shareholder.
Galantas Gold are operating on the same Dalradian metamorphic complex as Scotgold , see 02 review of operations page 3 of our 2011 annual report ( link below )

http://www.scotgoldresources.com.au/scotwp/wp-content/uploads/2011/10/Scotgold-Annual-Report-

Have a watch of this video, in particular 2:50mins in
2011.pdfhttp://www.youtube.com/watch?

Then have a look here,
http://www.geograph.org.uk/photo/122119
and then here and zoom in one, go north south or west or east its all the same.
http://www.collinsmaps.com/maps/United-Kingdom/Scotland/Cononish/P1073946.00.aspx

Scotland has never been short of water and that water has carved out a nice map of what might be Gold bearing veins.
If the same is true of our Licence areas there might well be a lot more Gold up there . Have a look at the maps on pages 9,10,12,14,15,and 17 of review of operations 2011 annual report for an example of this. I have been in the mine twice and there is plenty of fools gold on view.

Then read this from the news release from the Sron Garbh Mafic complex on 07/03/12

"The results from the AQ drilling program have shown an area of highly anomalous gold and platinum group elements (PGE) with copper, nickel and cobalt over the Sron Garbh mafic complex. The potential deposit style - 'magmatic Cu - Ni - PGE - Au' - adds an exciting new dimension to Scotgold's exploration program and represents a significant new target in addition to the narrow vein gold and other targets identified elsewhere within the Scotgold's licence areas. Scotgold are keen to advance further work in the area as soon as possible."

Dr Dave Holwell of the University of Leicester's Department of Geology and contributing author to the recent Society of Economic Geologists publication "Magmatic Ni - Cu - PGE deposits" has visited the site and has reviewed the current results. He commented:

"This is most certainly an exciting discovery. The mineralisation at Sron Gharb has the characteristics of a classic magmatic Cu-Ni sulphide deposit with elevated precious metals. The ratios of sulphur and selenium indicate that the magma has been contaminated by sulphur-bearing crustal rocks - a key factor in helping to generate deposits of this kind. Intriguingly, the geochemical signatures show that the sulphides cannot have gained their high precious metal contents without the presence of a much larger magmatic system than is current exposed. If this has been preserved beneath the current surface (as a larger intrusion or conduit system), it could represent a potential host for massive sulphide mineralization at depth."



Fools Gold from Cononish