Focused on Tier One Discoveries in Idaho
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Scout Discoveries Corp. is incorporated in the United States
Recent News
New Company, Established Team
Founded January 2023, team and projects established within EMX Royalty Corp. 2018-2022
U.S. Corporation, Idaho-Based
Team has >5 years operating across the state; headquarters in Coeur d’Alene, Idaho
Idaho Focused - Untapped Potential
Highly prospective, limited exploration in past 30 years, one of the largest unpatented claim holders
Pipeline of Potential Tier One Projects
Generated by management 2018-2022; interest in 14 Au/Ag dominant projects from early stage to resource
Discovery Generator Model
Hybrid model; advance through drilling and resource, seek JV partners to develop
Full-Stack Exploration - Internal Core Drill
Internal teams to take project to resource for less; more dollars in the ground, more targets tested
Why Scout?
We are focused on the discovery of Tier One precious and base metal deposits in Idaho, USA utilizing a disciplined business model and vertically-integrated approach to exploration. We are the largest unpatented claim holder and most aggressive discovery-focused explorer in Idaho.
Claim Staking at Lehman Butte Au-Ag Project, Central Idaho
Why Idaho?
Idaho is a mining-friendly jurisdiction with a long history of production that offers unparalleled discovery opportunities from a lack of exploration over the past 30 years
Mining contributes $2.3 billion annually to the Idaho state economy
Fraser Institute ranked Idaho as the 7th best jurisdiction globally for investment
Three tier one districts so far: Silver Valley, Stibnite, Idaho phosphate district
Meet the Team
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Curtis Johnson
PRESIDENT & CEO, DIRECTOR
Led Au-Ag project generation, advancement, and marketing in the western USA from 2018-2022 for EMX Royalty Corp., focused on generating the current Scout portfolio in Idaho.
Previously with Newmont in production/exploration roles at Leeville and Phoenix Mines in Nevada.
Ph.D. Economic Geology, Univ. of Nevada-Reno; M.S. Geology, Oregon State Univ.; B.S. Geology, Univ. of Idaho.
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Colin Livingston
CHIEF FINANCIAL OFFICER
11 years experience in corporate finance, accounting, audit, and business operations as Controller with multiple companies; and Senior Accountant and Business Assurance Manager with Moss Adams.
M.S. and B.S. in Accounting from University of Idaho.
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Patrick Donovan
PRINCIPAL GEOLOGIST
+35 years experience managing exploration, development, and production in the western USA focused on gold-copper systems.
Previous USA Exploration Manager, SSR Mining; Chief Geologist at Twin Creeks and Phoenix Mines in Nevada with Newmont, exploration and development roles with Santa Fe Pacific Gold
B.Sc. in Geological Sciences from Sonoma State University
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Chad Peters
INDEPENDENT DIRECTOR
President & CEO of Ridgeline Minerals Corporation
Previous US Exploration Manager for Premier Gold Mines; production and exploration experience across Canada
B.Sc. In Geology, University of Manitoba; registered professional geologist with Assoc. Professional Geologists of Ontario
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Neil Adshead
INDEPENDENT DIRECTOR
Independent Consultant and Analyst
Portfolio manager and investment strategist at Sprott between 2012 and 2023, previously a senior mining analyst at Passport Capital from 2004 to 2011.
Prior to buy-side capital market roles, ten years in exploration, mine geology, and corporate roles with Placer Dome
Ph.D. in Economic Geology, James Cook University; BSc Honours, University of Birmingham
Discovery Generator Business Model
Focused on the discovery phase of exploration
Highest value increase from initial drilling to maiden resource
Tier One discovery odds are low; need many chances in portfolio
Hybrid between prospect generator and junior explorer
Larger portfolio than Juniors, advance projects further than Prospect Generators – drill and seek partners in JVs
Vertical integration allows for large portfolio to be advanced through drilling cost-effectively
Projects systematically advanced from target concept through drilling using internal teams
If drilling indicates discovery, or potential for a discovery, seek joint venture with major partner
If no partnerships available, advance through maiden resource and spin-off into development-focused vehicle
Vertical Integration
Exploration is capital-intensive – largely completed by subcontractors
Alternatively... having the “full stack” of exploration internally allows flexibility in planning, lowers costs to put more dollars in the ground
Scout is structured to advance projects internally from target definition through drill testing and resource delineation
The most expensive aspect of exploration is drilling; internal core drilling is 50-75% less than a drill contractor
Our objective is to drill 12 months of the year, scale to multiple internally operated drills as results warrant
Targeting
Define drill targets through systematic geologic mapping, soil and rock sampling, targeted geophysical surveys
Drilling
initial scout drilling completed internally to test subsurface, followed by resource delineation if discovery is made
Exploration Strategy
Idaho is Nevada 30 years ago, highly prospective geologically and an immature exploration terrain
Long-term focus by a team in a single jurisdiction creates a durable and competitive advantage
Large, diversified portfolio (20,000 ha) spreads individual project risk of making a tier one discovery
Discovery is a numbers game in terms of targets drilled; focus on systematically testing large mineral systems
Exploration Principles
Move Fast: projects must be evaluated quickly for a discovery in a meaningful timeframe
Lower Costs: in-house exploration is more cost-effective, key to moving faster; maximize dollars in the ground
More Drilling: utilize internal drill rig to drill more projects with more meters; “IQ gets you there, but HQ drilling finds it”
Forward Momentum: advance multiple projects at various stages in the pipeline at any one time to allow for continuous, positive news flow
Disciplined Model: rapidly advance projects, move on if results do not improve the confidence in a discovery, always seek partnerships to mitigate risk
Project Pipeline
Project pipeline of a Major, discovery upside of a Junior…
Diversifying exploration risk across location, commodities, permitting agencies, and stage of exploration
Flagship Projects - 100% Owned
Erickson Ridge - Orogenic Au
Opportunity – expand historical 237,000 oz Au resource @ 1.9 g/t Au, permitted with minimal outcrop and coincident geochemical / geophysical targets for >1.5 km along strike
Jacknife - Silver Valley-type Ag-Pb-Zn
Opportunity – expand historical 12 Moz AgEQ resource on patented claims through drilling, test extensions of Silver Valley-type veins across >7 km of known strike length
South Orogrande - Orogenic Au
Opportunity – drill test permitted 2 x 4 km gold - in - soil anomaly within regional shear zone, with coincident geophysical anomalies 6 km along strike from 1.2 Moz Au resource
Lehman Butte - LS Epithermal Au-Ag
Opportunity – drill-test 3 x 1.5 km Au soil/rock anomaly associated with widespread quartz veining and brecciation cored by a 0.5-2.5m wide quartz-adularia vein system
Intermediate-Stage Projects - 100% Option
Timber Butte
Carlin-type Au system, >1 g/t Au in jasperoid at surface, 2 km of anomalous As-Sb-Au
Century
Intrusion-related Au system, widespread multi-gram Au associated with porphyry dikes
Muldoon
Zoned Au-Cu skarn, Carbonate-replacement Ag-Pb-Zn system around central Eocene pluton
Independence
Dome-related low sulfidation epithermal Au-Ag system, up to 17.5 g/t Au in surface rocks
Valve House
District-scale Carlin-type Au system, up to 43m @ 0.87 g/t oxide Au in historic RC drilling
Early-Stage Projects - 100% Option
Moose Ridge
Shear-related orogenic Au system adjacent to Beartrack, up to 1.15 g/t Au at surface
Cuddy Mountain
Porphyry Cu-Au, southern extension of BC Porphyry Belt, tilted system, undrilled targets
Scout
High-grade vein-hosted orogenic Au system across 3 km, up to 40 g/t Au in rock chips
Silverback
Silver Valley-type Ag-Pb-Zn, historic drilling of 4.7m @ 40% Zn, 7.4% Pb, 5.0 opt Ag in veins
Cartwright
Low sulfidation epithermal Au-Ag, early 1990s RC drilling intercepted 16.8m @ 2.2 g/t Au