About Us

Aus­tralian Secu­ri­ties Exchange listed Scot­gold Resources Lim­ited (ASX:SGZ) was estab­lished in 2007 and listed on the ASX in Jan­u­ary 2008. The company’s shares were admit­ted to trad­ing on the AIM mar­ket of the Lon­don Stock Exchange (AIM:SGZ) in Feb­ru­ary 2010. The Company’s prin­ci­pal objec­tive, since 2008, has been the advance­ment of the Conon­ish Gold and Sil­ver Project in Scotland’s Grampian High­lands to a pro­duc­tion deci­sion and explo­ration of the highly prospec­tive ten­e­ments com­pris­ing the Grampian Gold Project with the view of iden­ti­fy­ing fur­ther project opportunities.

Scot­gold has focused ini­tially on the devel­op­ment of the Conon­ish Gold and Sil­ver Project and has iden­ti­fied resources (esti­mated in accor­dance with the JORC Code (2004)) in the Mea­sured, Indi­cated and Inferred cat­e­gories (see later for break­down) of 169,200 oz of gold and 631,300 oz of sil­ver at 3.5g/t gold cut-off.

Sub­se­quent to an ini­tial rejec­tion of its appli­ca­tion for plan­ning per­mis­sion to develop the project in 2010, the Com­pany sub­mit­ted a revised appli­ca­tion and on 13th Octo­ber 2011, the Direc­tor of Plan­ning issued a report to the Parks Board rec­om­mend­ing approval of the appli­ca­tion and at a spe­cial meet­ing on 25th Octo­ber 2011, the Board of the Parks Author­ity unan­i­mously approved the appli­ca­tion sub­ject to the con­clu­sion of var­i­ous legal agree­ments and agree­ment on a num­ber of out­stand­ing con­di­tions. These were suc­cess­fully con­cluded and on 15th Feb­ru­ary 2012, the Parks Board issued the Deci­sion Let­ter grant­ing plan­ning per­mis­sion for the development.

The Crown Estate Com­mis­sion­ers uncon­di­tional grant of the Crown Lease was con­firmed in May 2012.

The Grampian Gold Project com­prises Crown Option agree­ments of some 4,200km2 in the south west Grampians of Scot­land and cov­ers some of the most prospec­tive areas of the Dal­ra­dian geo­log­i­cal sequence in the UK. This sequence extends west­ward from the UK to the east­ern seaboard of Canada and the Appalachian belt in the US, and east­ward into Swe­den and Nor­way, has been iden­ti­fied by the British Geo­log­i­cal Sur­vey as being highly prospec­tive for both sig­nif­i­cant gold and base metal deposits. On a more local scale, the Dal­ra­dian sequence extends to the south west from Scot­land into North­ern Ire­land where it hosts other gold resources at Cavan­caw (c. 0.5M oz of gold) and Cur­raghinalt (c. 3.5M oz of gold).

The Com­pany is con­duct­ing a regional stream sed­i­ment sam­pling pro­gram over the wider Grampian gold project
area whilst con­tin­u­ing to eval­u­ate a num­ber of pre­vi­ously iden­ti­fied high grade out­crops in the vicin­ity of the
Conon­ish project.