Scottie Resources Intercepts 30.1 g/t Gold over 23.65 m and 9.2 g/t Gold over 21.00 m at Blueberry Contact Zone

Scottie Resources Intercepts 30.1 g/t Gold over 23.65 m and 9.2 g/t Gold over 21.00 m at Blueberry Contact Zone

Scottie Resources Corp. (TSXV: SCOT,OTC:SCTSF) (OTCQB: SCTSF) (FSE: SR80) ("Scottie" or the "Company") is pleased to report new assays from its 2025 drilling of the Blueberry Contact Zone within the Scottie Gold Mine Project, including multiple high-grade gold intercepts on the Blueberry, Fifi and Lemoffe vein zones. The road accessible Scottie Gold Mine Project, which includes the 100% owned historic mine and the adjacent Blueberry Contact Zone is located 35 kilometres north of the town of Stewart, BC.

These results mark the first assays from our 2025 drill program, which is targeting 25,000 to 30,000 metres of drilling over the coming months.

Highlights:

  • Blueberry Contact drillhole SR24-364 intersected 30.1 grams per tonne (g/t) gold over 23.65 metres (m), including 83.3 g/t gold over 4.4 m at the Fifi vein zone (Table 1, Figures 1,2,3).

  • Blueberry Contact drillhole SR24-362 intersected 9.18 g/t gold over 21.00 m and 5.19 g/t gold over 6.00 m at the Blueberry vein zone (Table 1, Figures 1,2,4).

  • Blueberry Contact drillhole SR24-360 intersected 23.1 g/t gold over 2.00 m at the Fifi vein zone (Table 1, Figures 1,2,5).

  • 3 of the 5 reported holes have discreet intercepts of >5 g/t gold in the siltstone host rock, including 29.8 g/t gold over 1.05 m in SR25-364. Defining targeting success for a key resource growth target in 2025.

  • First results from the 2025 drill program - total program targeting 25,000 - 30,000 m of diamond drilling (>14,000 m drilled to date).

  • Bulk sample progressing on schedule, both blasts have now been completed, mucking, sorting, crushing and transport to continue in coming weeks.

With our most ambitious drill program now underway, we are extremely encouraged by the strength of these early results. Hole SR25-364 has returned the best intercept ever drilled by the Company, underscoring the quality of the system and the exciting potential we have ahead of us.," commented Dr. Thomas Mumford, President. "These first infill results from our 2025 drill program significantly strengthen confidence in the geological model at the Scottie Gold Mine Project, further de-risking and enhancing the DSO model. Importantly, many of these reported grades exceed those of adjacent historical holes, which could positively impact both ounces overall grade in the next resource update. We are excited to build on this strong start and look forward to releasing additional results as the program advances."

Table 1: Highlight results from new drill assays (uncut) from the Blueberry Contact Zone.

Drill Hole
From (m) To (m) Width* (m) Gold (g/t) Silver (g/t) Sub Zone
SR25-360
145.95 148.05 2.10 1.61 6.00 BB Vein

278.00 280.00 2.00 23.1 9.50 FiFi

320.20 323.00 2.80 1.42 0.00 Lemoffe
SR25-362
272.50 293.50 21.00 9.18 3.24 BB Vein
including 274.50 275.50 1.00 153.0 64.0 BB Vein
and 287.50 293.50 6.00 5.19 0.00 BB Vein

326.00 329.00 3.00 1.04 0.00 BB Vein

410.00 411.00 1.00 7.17 0.00 FiFi
SR25-363
219.85 221.00 1.15 8.43 0.00 FiFi

240.55 241.55 1.00 11.0 0.00 FiFi

262.15 266.95 4.80 2.54 3.33 FiFi
including 263.30 264.30 1.00 7.38 2.00 FiFi
SR25-364
144.65 168.30 23.65 30.1 8.98 FiFi / Lemoffe
including 144.65 156.80 12.15 51.2 15.5 FiFi / Lemoffe
and including 145.75 146.75 1.00 228.00 71.0 Fifi
and 151.20 155.60 4.40 83.3 16.9 Lemoffe
and 164.10 168.30 4.20 20.6 4.73 Lemoffe

197.80 198.85 1.05 29.8 17.0 Lemoffe
SR25-366
152.50 154.50 2.00 3.06 5.50 Fifi

163.00 166.00 3.00 4.55 15.3 Lemoffe

177.90 179.00 1.10 5.76 17.0 Lemoffe

186.00 189.00 3.00 2.00 2.00 Lemoffe

193.00 194.00 1.00 2.19 3.00 Lemoffe
*True width of the intervals has not yet been established by drilling

 

The reported drill results in this release represent the first batch of received holes since the publication of the project's maiden resource estimate in early May 2025, which outline an inferred Mineral Resource Estimate of 703k gold ounces grading an average grade of 6.1 g/t gold. The primary objectives for the released holes were two-fold: (1) increase geological confidence to transition ounces from inferred to indicated classification with infill drilling, and (2) to expand modelled resource shapes by targeting the extensions of know vein zones - particularly into the siltstone side of the Blueberry Contact Zone. Due to the repetitive structural orientation of the veins it is possible to achieve both goals with individual drill holes (see cross-sections in Figures 3 - 5). Subsequent drilling this season is focused both on advancing our targeting initiative and on pure exploration, such as at the Wolf Zone. In addition, select holes are being completed for hydrogeological and geotechnical purposes to support the engineering and study components of the project.

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Figure 1: Segmented vertical long section of the Blueberry Contact Zone illustrating the distribution and status of drilled targets from the 2025 season and the reported results thus far, relative to intercepts from previous drilling campaigns.

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Figure 2: Overview plan view map of the Blueberry Contact Zone, illustrating the locations of the reported drill results, cross-sections (Figure 3,4,5), and the distribution of the modelled sulphide-rich cross-structures.

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Bulk Sample Update

Having received the permit for the 10,000-tonne surface bulk sample in late-July, the Company has already completed both scheduled blasts for collection of the sample and is in the process of mucking and sorting the second blast. Samples from the pile of the sorted material from the first blast has been sent out for preliminary gold and multielement analysis, as well as large samples for comminution testing. Preliminary results are consistent with expected grades and tonnage estimates. Once mucking is complete, crushing of the mineralized material will commence. The sample is on track to be transported off site for third-party processing in late-September / early-October.

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Figure 3: Cross-section displaying Blueberry Contact Zone intercepts from drill hole SR25-364.

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Figure 4: Cross-section displaying Blueberry Contact Zone intercepts from drill hole SR25-362.

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Figure 5: Cross-section displaying Blueberry Contact Zone intercepts from drill holes SR25-360 and 363.

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About the Scottie Gold Mine Project

Exploration of the Scottie Gold Mine Project over the past six years has produced exceptional drill results through the discovery of high-grade gold in four new zones (Blueberry Contact Zone, Domino, D-Zone, P-Zone) and the expansion of previously drill confirmed targets (Scottie Gold Mine, C-Zone, Bend Vein, Stockwork). There is a clear spatial relation between the outcropping and drill-confirmed high-grade gold targets and the contact with the Jurassic aged, Texas Creek Plutonic suite intrusion. Geological work in the area has established strong connections between the various deposits. The chemical, mineralogical, structural, and age relationships of the deposits and host rocks support a genetic model whereby all deposits are linked to the same mineralizing event.

The Blueberry Contact Zone is located just 2 kilometres northeast of the 100% owned, past-producing Scottie Gold Mine (SGM) located in British Columbia, Canada's Golden Triangle region. Historic trenching and channel sampling of the Blueberry Vein include results of 103.94 g/t gold over 1.43 metres, and 203.75 g/t gold over 1.90 metres. Despite high-grade surficial samples and easy road access, the Blueberry Vein had only limited reported drilling prior to the Company's exploration work. The target was significantly advanced during Scottie's 2019 drill program when an interval grading 7.44 g/t gold over 34.78 metres was intersected in a new N-S oriented zone adjacent to the main Blueberry Vein. The drill results received from 2020 - 2024, coupled with surficial mapping and sampling suggest that the N-S mineralized trend is a first order structure that hosts an array of SW-trending, sub-parallel, sulphide-rich veins that obliquely crosscut it which host high-grade gold. As of the end of 2024, the extent of the N-S zone, defined by the contact between andesite and siltstone units of the Hazelton Formation and the presence of the cross-cutting sulfide-rich structures, has a drilled strike length of >1,550 metres and has been tested to >525 metres depth. The Blueberry Contact Zone is located on the Granduc Road, 20 kilometres north of the Ascot Resources' Premier Mine. Newmont's Brucejack Mine is located 25 kilometres to the north.

The Company is targeting the completion of the PEA in Q4 2025. The PEA will investigate a high-margin DSO operation to deliver a gold concentrate to Asian copper/precious metals smelters. By design, the operation will eliminate the need for a gold processing plant and tailings facility, thereby significantly reducing the capital required and resulting in a minimal environmental footprint. The PEA will be based on the recently reported Inferred Mineral Resource Estimate ("MRE") of 703,000 ounces of gold at an average grade of 6.1 g/t gold (see NR dated May 7, 2025). The project envisages a shallow open pit on the Blueberry Zone to start, followed by underground production from both Blueberry and the past-producing Scottie Gold Mine.

Quality Assurance and Control

Results from samples taken during the 2025 field season were analyzed at SGS Minerals in Burnaby, BC. The sampling program was undertaken under the direction of Dr. Thomas Mumford. A secure chain of custody is maintained in transporting and storing of all samples. Gold was assayed using a fire assay with atomic absorption spectrometry and gravimetric finish when required (+9 g/t gold). Analysis by four acid digestion with multi-element ICP-AES analysis was conducted on all samples with silver and base metal over-limits being re-analyzed by emission spectrometry.

Dr. Thomas Mumford, P.Geo., a qualified person under National Instrument 43-101, has reviewed the technical information contained in this news release on behalf of the Company.

ABOUT Scottie Resources Corp.

Scottie Resources holds 100% interest in the Scottie Gold Mine Property, which includes the high-grade, past-producing Scottie Gold Mine and the adjacent Blueberry Contact Zone. The Company also owns a 100% interest in the Georgia Project, host to the past-producing Georgia River Mine, as well as the Cambria, Sulu, and Tide North properties. In total, Scottie controls approximately 58,500 hectares of highly prospective mineral claims within the Stewart Mining Camp in British Columbia's Golden Triangle-one of the world's most prolific mineralized districts.

Scottie's current resource estimate on the Scottie Gold Mine Project includes a total of 703,000 gold ounces at an average grade of 6.1 g/t (Inferred category), highlighting the potential for a significant near-surface, high-grade deposit. The Company's strategy is to continue expanding this resource and to define additional mineralization around past-producing mines through systematic drilling and surface exploration.

In parallel, Scottie is evaluating a potential Direct Shipping Ore (DSO) scenario at the Scottie Gold Mine. With permits recently in hand, a 10,000-tonne bulk sample is underway. This initiative provides an opportunity to collect key geotechnical and metallurgical data while assessing a low-capex path to potential near-term revenue through toll milling or third-party processing. This DSO concept does not imply a production decision but reflects the optionality embedded in Scottie's portfolio.

Additional Information

Brad Rourke
CEO
+1 250 877 9902
brad@scottieresources.com

Forward Looking Statements

This news release may contain forward‐looking statements. Forward looking statements are statements that are not historical facts and are generally, but not always, identified by the words "expects", "plans", "anticipates", "believes", "intends", "estimates", "projects", "potential" and similar expressions, or that events or conditions "will", "would", "may", "could" or "should" occur. Although the Company believes the expectations expressed in such forward‐looking statements are based on reasonable assumptions, such statements are not guarantees of future performance and actual results may differ materially from those in forward looking statements. Forward‐looking statements are based on the beliefs, estimates and opinions of the Company's management on the date such statements were made. The Company expressly disclaims any intention or obligation to update or revise any forward‐looking statements whether as a result of new information, future events or otherwise.

Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of TSX Venture Exchange) accepts responsibility for the adequacy of accuracy of this release.

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Scottie Resources

Scottie Resources

Overview

The process of discovering, developing and mining gold can be costly when exploring in areas with unproven gold deposits. For many junior mining companies, success is directly tied to their ability to rapidly discover and mine gold. That’s why one of the most reliable and cost-effective strategies involves tapping into proven gold mining regions to drive even more value out of historical deposits and nearby areas.

Scottie Resources (TSXV:SCOT,FWB:SR8,OTCQB: SCTSF) is an exploration company that is focused on the acquisition and evaluation of gold and silver properties located within British Columbia’s world-class Golden Triangle, a 500 kilometer belt of mineralization in which over 130 million ounces of gold, 800 million ounces of silver and 40 billion pounds of copper have already been discovered, and there’s likely much more left to find.

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Strategic Exploration of BC’s World-Class Golden Triangle

SCOTTIE ANNOUNCES CLOSING OF $5 MILLION PRIVATE PLACEMENT

SCOTTIE ANNOUNCES CLOSING OF $5 MILLION PRIVATE PLACEMENT

/THIS NEWS RELEASE IS INTENDED FOR DISTRIBUTION IN CANADA ONLY AND IS NOT INTENDED FOR
DISTRIBUTION TO UNITED STATES NEWSWIRE SERVICES OR DISSEMINATION IN THE UNITED STATES /

All monetary amounts are expressed in Canadian Dollars, unless otherwise indicated.

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Scottie Resources Announces $6 Million Private Placement of Flow-Through Shares and Common Shares

Scottie Resources Announces $6 Million Private Placement of Flow-Through Shares and Common Shares

/NOT FOR DISTRIBUTION TO UNITED STATES NEWSWIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATES /

Scottie Resources Corp. (TSXV: SCOT) (OTCQB: SCTSF) (The "Company") is pleased to announce that it has entered into an agreement pursuant to which Cormark Securities Inc., as lead agent, on behalf of a syndicate of agents (collectively, the " Agents "), in connection with a "best efforts" private placement of: (i) 16,670,000 common shares of the Company that qualify as "flow-through shares" (within the meaning of subsection 66(15) of the Income Tax Act ( Canada ) (the " FT Shares ") at a price of $0.30 per FT Share for gross proceeds of $5,001,000 ; and (ii) 4,762,000 common shares of the Company (the " HD Shares ") at a price of $0.21 per HD Share (the " HD Issue Price ") for gross proceeds of $1,000,020 for aggregate gross proceeds to the Company of approximately $6 million (collectively, the " Offering ").

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SCOTTIE RESOURCES EXTENDS BLUEBERRY CONTACT ZONE TO 720 METRES AND 225 METRES DEPTH WITH INTERCEPT OF 34.6 G/T GOLD OVER 11.86 METRES

SCOTTIE RESOURCES EXTENDS BLUEBERRY CONTACT ZONE TO 720 METRES AND 225 METRES DEPTH WITH INTERCEPT OF 34.6 G/T GOLD OVER 11.86 METRES

Scottie Resources Corp. (" Scottie " or the " Company ") (TSXV: SCOT) (OTCQB: SCTSF) FSE: SR8) is pleased to report additional new assays on the Blueberry Contact Zone extending the strike length of the mineralizing structure to more than 720 metres, which remains open in all directions. The drilling to date, including recent high-grade intersections, notably 34.6 gt gold over 11.86 metres and 4.43 gt gold over 10.30 metres, indicates that the contact zone is developing into a significant gold zone with size and grade potential, as well as clear vectors to continue its expansion. Blueberry Contact Zone is located north-northeast of the 100% owned past-producing high-grade Scottie Gold Mine, 35 kilometres north of the town of Stewart, BC along the Granduc Haul Road.

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SCOTTIE RESOURCES INTERCEPTS 9.0 G/T GOLD OVER 7.39 METRES AND 14.5 G/T GOLD OVER 3.65 METRES AT SCOTTIE GOLD MINE PROJECT

SCOTTIE RESOURCES INTERCEPTS 9.0 G/T GOLD OVER 7.39 METRES AND 14.5 G/T GOLD OVER 3.65 METRES AT SCOTTIE GOLD MINE PROJECT

Scottie Resources Corp. (" Scottie " or the " Company ") (TSXV: SCOT) (OTCQB: SCTSF) (FSE: SR8), is pleased to report drill assays from its Scottie Gold Mine (SGM) target where multiple holes intersected high-grade gold mineralization on its targeting of additional ore shoots around the past-producing mine. Strong intercepts, including 9.0 gt over 7.39 metres illustrate the expansion potential of near mine mineralization. The high-grade mine operated in the early 1980's with a cut-off grade of 10 gt gold, leaving substantial upside for additional expansion. The Scottie Gold Mine is located on the Granduc Road, 20 kilometres north of the Ascot Resources Premier Mill, and 35 north of the town of Stewart, BC .

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SCOTTIE RESOURCES EXTENDS BLUEBERRY ZONE TO 225 METRES DEPTH WITH INTERCEPT OF 15.3 G/T GOLD OVER 13.49 METRES

SCOTTIE RESOURCES EXTENDS BLUEBERRY ZONE TO 225 METRES DEPTH WITH INTERCEPT OF 15.3 G/T GOLD OVER 13.49 METRES

Scottie Resources Corp. (" Scottie " or the " Company ") (TSXV: SCOT) (OTCQB: SCTSF), (FSE:SR8) is pleased to report additional new assays on the Blueberry Zone, including intercepts of 15.3 gt gold over 13.49 metres and 18.7 gt gold over 3.17 metres. The location of these holes extends the high-grade gold mineralization to a depth of 225 metres where it remains open in all directions. The Blueberry Zone is located north-northeast of the 100% owned past-producing high-grade Scottie Gold Mine, 35 kilometres north of the town of Stewart, BC along the Granduc Haul Road.

"With just over 6,500 metres of drilling over the past two years we've taken our 2019 discovery hole at the Blueberry Zone to a road accessible, high-grade gold target that now exceeds 650 metres in strike and 225 metres depth." comments President and CEO, Brad Rourke : "These latest results are very encouraging as they indicate that not only does the system continue deeper – there is potential that the thickness of the zone actually increases. Blueberry will be the primary focus of our planned 15,000 metre 2022 drill program where we will continue to drill to extend the zone in all directions as well as infill untested areas in the structure."

Table 1: Selected new drill assay results (uncut) from the Blueberry Zone.

Drill Hole


From (m)

To (m)

Width* (m)

Gold (g/t)

Silver (g/t)

SR21-126


101.30

102.30

1.00

5.98

7.00

and

119.40

120.40

1.00

2.91

4.00

and

128.30

131.47

3.17

18.7

12.9

SR21-127


41.00

41.52

0.52

2.88

15.0

and

77.20

78.91

1.71

21.5

8.00

SR21-128


167.20

168.09

0.89

16.9

4.00

and

207.85

214.46

6.61

2.44

0.44

SR21-138


288.86

302.35

13.49

15.3

9.10

including

289.86

294.00

4.14

36.2

16.4

* True thicknesses of mineralized intercepts are undetermined

The expansionary drilling of the Blueberry Zone during 2021 focused on testing the andesite-siltstone contact with shallow holes where there was strong geological control. The significant step outs (>200 metres) intersected strong gold mineralization associated with the contact, as well as strong chlorite-sericite alteration. While typically rare at both the Scottie Gold Mine and the Blueberry Vein, visible gold was present in multiple holes from the testing of the northern extension of the contact-controlled Blueberry Zone.

About the Blueberry Zone

The Blueberry Zone is located just 2 km northeast of the 100% owned, past-producing Scottie Gold Mine located in British Columbia, Canada's Golden Triangle region. Historic trenching and channel sampling of the Blueberry Vein include results of 103.94 g/t gold over 1.43 metres, and 203.75 g/t gold over 1.90 metres. Despite high-grade surficial samples and easy road access, the Blueberry Vein had only limited reported drilling prior to the Company's exploration work. The target was significantly advanced during Scottie's 2019 drill program when an interval grading 7.44 g/t gold over 34.78 metres was intersected in a new splay off zone of the main Blueberry Vein. The drill results received in 2020 and 2021, coupled with surficial mapping and sampling suggest that this splay is in fact a major N-S mineralizing structure, of which the Blueberry Vein was only a secondary structure. This zone is much wider than pursued in previous exploration models and drilling in 2021 was designed to expand its strike length and depth. The zone is steeply dipping, and there is no current restraint on its potential depth; the mineralization at the adjacent Scottie Gold Mine has a vertical extent greater than 450 m . The Blueberry Zone is located on the Granduc Road, 20 km north of the Ascot Resources' Premier Project, which is in the process of refurbishing their mill in anticipation of production in 2022 ( August 10, 2021 ). Newcrest's Brucejack Mine is located 25 km to the north.

Quality Assurance and Control

Results from samples during the 2021 field season were analyzed at either ALS Laboratory in Vancouver, BC or at SGS Minerals in Burnaby, BC . The sampling program was undertaken under the direction of Dr. Thomas Mumford . A secure chain of custody is maintained in transporting and storing of all samples. Gold was assayed using a fire assay with atomic absorption spectrometry and gravimetric finish when required (+9 g/t Au). Analysis by four acid digestion with multi-element ICP-AES analysis was conducted on all samples with silver and base metal over-limits being re-analyzed by emission spectrometry.

Thomas Mumford , Ph.D., P.Geo and VP Exploration of Scottie, a qualified person under National Instrument 43-101, has reviewed the technical information contained in this news release on behalf of the Company.

ABOUT Scottie Resources Corp.

Scottie owns a 100% interest in the high-grade, past-producing Scottie Gold Mine and Bow properties and has the option to purchase a 100% interest in Summit Lake claims which are contiguous with the Scottie Gold Mine property. Scottie also owns 100% interest in the Georgia Project which contains the high-grade past-producing Georgia River Mine , as well as the Cambria Project properties and the Sulu property. Altogether Scottie Resources holds more than 52,000 ha of mineral claims in the Stewart Mining Camp in the Golden Triangle.

The Company's focus is on expanding the known mineralization around the past-producing mines while advancing near mine high-grade gold targets, with the purpose of delivering a potential resource. The Company's focus is on expanding the known mineralization around the past-producing mine while advancing near mine high-grade gold targets, with the purpose of delivering a potential resource.

All of the Company's properties are located in the area known as the Golden Triangle of British Columbia which is among the world's most prolific mineralized districts.

Forward Looking Statements

This news release may contain forward–looking statements. Forward looking statements are statements that are not historical facts and are generally, but not always, identified by the words "expects", "plans", "anticipates", "believes", "intends", "estimates", "projects", "potential" and similar expressions, or that events or conditions "will", "would", "may", "could" or "should" occur. Although the Company believes the expectations expressed in such forward–looking statements are based on reasonable assumptions, such statements are not guarantees of future performance and actual results may differ materially from those in forward looking statements. Forward–looking statements are based on the beliefs, estimates and opinions of the Company's management on the date such statements were made. The Company expressly disclaims any intention or obligation to update or revise any forward–looking statements whether as a result of new information, future events or otherwise.

Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of TSX Venture Exchange) accepts responsibility for the adequacy of accuracy of this release.


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SOURCE Scottie Resources Corp.

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