The purpose of the Scoping Study is to examine the economic viability of the Cononish project and will also assess the impact of additional potential resources which are the target of Scotgold's current drilling program, as well as other potential prospects in the area.

The results of the study will assist Scotgold in formulating a comprehensive development strategy for Cononish and surrounding potential ‘satellite' prospects.

The Company recently announced an initial JORC code compliant resource for the Cononish project. The drilling program has commenced to examine possible down dip and strike extensions.

The study will be conducted principally by AMC's UK office, with assistance from GBM Minerals Engineering Consultants (metallurgical / processing) and Dalgleish Associates (planning and environmental) and under the auspices of Mr Andy Robb, UK Regional Manager and Project Manager.

Study Outline
The Scoping Study will begin by reviewing all available information to determine the current status of the project and to satisfy that the level of work completed to date is to an acceptable standard.

Immediately following this documentation review, AMC will reconfirm the project scope and base assumptions. Milestones towards study and report completion will be determined at that stage for study delivery.

This initial phase will include:
• Complete desktop review of the resource block model, database and latest report completed by Snowden in May 2008. • Review of mining method, infrastructure planning and equipment selection assumptions. · Review metallurgical study data and processing concepts. · Review environmental baseline study data and progress towards compliance.• Review of economic assumptions.

(Right:View down the River Cononish:  Source: http://farm3.static.flickr.com)

 Following the review, the objectives of the study will be to:• Update the assumptions of previous studies with appropriate technologies and industry leading practice. • Focus on presenting viable options for the current resource base. • Identify a breakeven grade for the recommended development option/s at different gold price scenarios. • Recommend viable project development options to meet Scotgold investment targets and that are appropriate for the scale of the project. • Recommend the next steps in project development. • Identify an upside option based on possible extensions to the current resource estimate and potential around Cononish.

Source:http://www.mineweb.com/
Web:http://www.computescotland.com//scotgold-lists-on-asx-as-scotlands-only-significant-gold-producer-672.php