Scottie Resources Corp.

Company Data | Introduction | Projects in Hand | Management
News Update | Chinese

Company Data

Introduction

Scottie owns a 100% interest in the Scottie Gold Mine Property which includes the Blueberry Zone and the high-grade, past-producing Scottie Gold Mine. 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 60,000 hectares 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.

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.

Investment Highlights

At the Scottie Gold Project

Located in BC's Golden Triangle

• Prolific Tier 1 mining jurisdiction
• Favourable geologic position
• 7 post-producing mines

Infrastructure & Accessibility

• 40 km from Stewart, BC, and the Portland Canal
• Four-season road access
• Powerline access
• Existing mining infrastructure

Commanding Land Position

• ~60,000 ha in the Stewart Mining Camp
• Properties adjacent to Ascot Resources and Newcrest Mining

Experience Management Team

• History of successfully advancing assets in the Golden Triangle
• Deeply entrenched in the Golden Triangle and surrounding communities

FLAGSHIP PROJECT

Scottie Gold Mine Project, Golden Triangle, British Columbia

The Scottie Gold Mine Project is located 32 km north of Stewart, BC, and is situated 20 km north the Premier Gold Mine, 27 km south of Brucejack Mine, and 15 km east of the past-producing Granduc Mine. The Project includes the past-producing Scottie Gold Mine that operated from 1981 to 1985, and produced 95,426 oz gold at an average grade of 16.2 g/t, as well as other key targets, including Blueberry Zone, C & D Zones, Stockwork Area, and Corteza Zone.

The Blueberry Contact Zone

The Blueberry Zone is located just 2 kilometres 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 from 2020 - 2023, coupled with surficial mapping and sampling suggest that this splay is in fact a major N-S mineralized structure, of which the Blueberry Vein was only a secondary structure. 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 metres. The Blueberry Zone is located on the Granduc Road, 20 kilometres north of the Ascot Resources' Premier Project. Newcrest's Brucejack Mine is located 25 kilometres to the north.

Blueberry Drilling

After making the Blueberry Contact Zone discovery in 2019 the geology team at Scottie developed a new geological model which transformed the Blueberry target from a single vein to a property scale structural feature. This model which was tested throughout the 2021/2022 field seasons has helped define the architecture of the system, which links several widely spaced high-quality targets along a common structure. Testing during 2022 doubled the existing strike length of the system, extending the zone to 1,550 metres and to a maximum depth of 400 metres. Combining multiple geophysical data sets, extensive mapping and surficial sample data has allowed the team to extrapolate the structure beneath the historic lakebed, in order to generate high-confidence drill targets – many of which were successful. Fieldwork during 2022 generated additional targets using similar parameters that will be further tested during 2023.

Stockwork Area

• The Stockwork area is situated approximately 1.3 kilometres northwest of the Blueberry Contact Zone
• Occurs within a large relatively untested gold-in-soil anomaly
• All 2022 holes intercepted anomalous gold mineralization throughout the entire hole length, including 245 m of 0.35 g/t gold in SR22-203
• Drill hole SR22-203 returned 5.28 g/t gold over a core length of 4.50 m in the newly discovered high-grade gold Corteza zone (See news release April 20, 2023)
• Potential new deposit type on the property

2023 Exploration Season

• 20,000 m diamond drill program planned on the Scottie Gold Mine Project
• Focus on expansion of the Blueberry Contact Zone
• Testing an additional 600 m of strike length (currently 1,550 m)
• Exploration targets at C & D Zones, Stockwork area, Scottie Gold Mine
• Ground-based horizontal loop survey (HLEM) planned to test for additional sulphide-rich cross-structures in the andesite and siltstone units that comprise the Blueberry Contact Zone
• Drilling covered HLEM targets in 2022 generated intercepts of up to 7.10 g/t gold over 6.09 metres (See news release April 20, 2023)

Management

Management and Directors

Bradley Rourke, President, Chief Executive Officer and Director

A corporate finance executive with 30 years experience and a proven track record in mining, energy, and real estate development.

Thomas Mumford, Ph.D., P.Geo., Vice President Exploration

Professional exploration geologist with a comprehensive field, technical and academic background in the Golden Triangle mining district.

Christina Boddy, B.Sc., Corporate Secretary

Experience with a number of public companies including GT Gold Corp., ALX Resources Corp., Nevada Sunrise Gold Corporation, and Aton Resources Inc.

Stephen Sulis, Chief Financial Officer

A representative of Redfern Financial, Mr. Sulis is a CFO with a number of TSX Venture Exchange and Canadian Securities Exchange-listed companies, predominantly focused on the resource sector, both in Canada and around the globe.

Ernest (Ernie) Mast, Director

President of Doré Copper Mining Corp., former President and CEO of Primero Mining and Minera Panama. Over 25 years experience in all stages of mining projects worldwide.

John Williamson, P.Geol., Director

Professional geologist and entrepreneur with over 30 years global mining experience, including as founder, director and officer of numerous public companies.

Steven Stein, Director

Founding shareholder and a current Director of the Black Diamond Group. Founder of a predecessor company of the Outland Group.

Ellie Owens, J.D., M.Sc., Director

President of E2Gold Inc. She currently sits on the PDAC Technical Planning Committee. Over eight years of technical and corporate experience.

News Update

On May 08, 2024, Scottie Resources Corp. has provided the exploration plan for the 2024 season on the company's flagship asset, the Scottie gold mine project, located in British Columbia's Golden Triangle. Slated to start in late June, the $4.5 M program will provide expansionary drilling at the Blueberry and D-Zone targets, initial drilling of a new showing, and testing at the historic Scottie Gold Mine that will aim to define a high-grade gold resource. The Scottie Gold Mine Project, which includes the 100% owned historic mine, and the adjacent Blueberry Zone, is located 35 kilometres north of the town of Stewart, BC, along the Granduc Road. Highlights:

Fully financed $4.5 M budget

Expansionary drilling of the Blueberry Zone (~2,500 metres)

Underground validation of historic drilling at the Scottie Gold Mine and defining a high-grade resource for the deposit

Continued drilling of the Scottie Gold Mine P-Zone (~1,000 metres)

Step-out drilling on D-Zone targets (~1,500 metres)

Initial testing of the new high-grade gold showing discovered in 2023 located between the Scottie Gold Mine and D-Zone (~1,000 metres)

Robust TerraSpec program (short-wave infrared spectroscopy) designed to establish the fertile window around the Texas Creek intrusive

President and CEO, Brad Rourke commented: "Fully financed, our program this year is designed to efficiently consolidate and leverage Scottie's exploration successes at Blueberry and D-Zone into a robust framework that directly links the Scottie Gold Mine and other local deposits with these discoveries. Another key component of the program will be to establish a resource at the Scottie Gold Mine to underpin value and demonstrate a pathway for a global project-scale resource encompassing the belt of high-grade deposits that occur along the margin the Texas Creek aged intrusive stock - notably Blueberry, D-Zone, and Bend. With a healthy treasury and a clear plan to demonstrate value, we are well positioned to benefit from opportunities unfolding in the area."

On April 23, 2024. The TSX Venture Exchange has accepted for filing documentation with respect to a non-brokered private placement announced on April 2, 2024.

Number of shares: 5,422,994 charity flow-through shares

Purchase price: 27.5 cents per share

Number of placees: nine placees

Total pro group involvement: 545,455 (one pro group)

The company issued a news release on April 15, 2024, confirming the closing of the private placement.

On April 23, 2024, The TSX Venture Exchange has accepted for filing documentation pertaining to a royalty agreement dated April 10, 2024, between the company and Franco-Nevada Corp. (the purchaser), whereby the company will sell to the purchaser a 2-per-cent gross production royalty on all minerals produced from its claims located in the Golden Triangle area for $8.1-million cash (the sale of royalty).

According to the agreement, the purchaser has the option to buy an additional 0.5-per-cent gross production royalty, depending on the company's future decisions regarding construction or project studies on its properties, with the purchase price to be determined in the future. Additionally, the purchaser has also secured a right of first refusal on any new royalty, streaming or similar interest that the company might offer to third parties in the future. These transactions could require prior approval from the exchange once the terms are finalized.

On April 17, 2024, Scottie Resources Corp. has granted 7.4 million options to acquire common shares to certain directors, officers and consultants to the company. The options are exercisable at a price of 19.5 cents per share and are valid for a period of five years.

On April 15, 2024, Scottie Resources Corp. has closed the previously announced financing arrangement with Franco-Nevada Corp.

Further to the company's new release dated April 2, 2024, Scottie has completed the sale and grant of a 2.0-per-cent gross production royalty to Franco-Nevada for $8.1-million. The royalty applies to all minerals produced on Scottie's claims in the Stewart Mining Camp in the Golden Triangle, including those claims which are held under option by Scottie and any claims subsequently acquired by Scottie within a customary area of interest around its existing claims.

President and CEO, Brad Rourke commented: "We welcome Franco-Nevada as a new stakeholder and shareholder of Scottie and recognize the strong validation that this investment brings to our project and team. This financing package fully funds Scottie to execute a comprehensive 2024 exploration program and we look forward to building on the success of the 2023 program."

On April 02, 2024, Scottie Resources Corp. has entered into a financing arrangement with Franco-Nevada Corp. whereby Scottie has agreed to sell a 2.0-per-cent gross production royalty to Franco-Nevada for$8.1-million. The royalty will apply to all minerals produced on Scottie's claims in the Stewart mining camp in the Golden Triangle.

In addition, Franco-Nevada has agreed to purchase common shares of the company comprising the entire back-end of an aggregate $1.5-million charity flow-through private placement at a price to flow-through subscribers of 27.5 cents per flow-through common share of the company.

President and chief executive officer, Brad Rourke, commented: "We are happy to welcome Franco-Nevada as a shareholder and stakeholder of Scottie. This transaction validates the progress we've made and recognizes the value opportunity present at Scottie. With the funding from Franco-Nevada and the proceeds raised from our January private placement, Scottie is in a strong financial position for future operations."

On March 19, 2024, The TSX Venture Exchange has accepted for Scottie Resources Corp. filing documentation with respect to a non-brokered private placement announced on Jan. 18, 2024.

Number of shares: 5,044,445 charity flow-through shares

Purchase price: 27 cents per share

Warrants: 2,522,222 share purchase warrants to purchase 2,522,222 shares

Warrant exercise price: 28 cents for a three-year period

Number of shares: 12,361,112 non-flow-through shares

Purchase price: 18 cents per share

Warrants: 6,180,556 share purchase warrants to purchase 6,180,556 shares

Warrant exercise price: 28 cents for a three-year period

Number of placees: six placees

Total pro group involvement: 138,889 (one pro group)

On February 07, 2024, Scottie Resources Corp. has released final assays on its 2023 drill campaign on the Blueberry Contact zone in British Columbia's Golden Triangle, including intercepts of 13.9 grams per tonne (g/t) gold over seven metres and 59.2 g/t gold over 1.25 metres. The Blueberry Contact Zone is located 2 kilometres north-northeast of the 100% owned and royalty free, past-producing high-grade Scottie Gold Mine, 35 kilometres north of the town of Stewart, BC, along the Granduc Road.

President and CEO, Brad Rourke commented: "2023 was another exceedingly successful program for Scottie. Results from the program have expanding the known mineralization at Blueberry in multiple directions, particularly at depth where we extended mineralization by 125 m to a total depth of 525 m. We also had fantastic results at both the D -Zone and at the Scottie Gold Mine, both targets showing great upside potential for future expansion. The additional data provided through drilling has greatly improved our understanding and modelling of the Blueberry Contact Zone and will facilitate enhanced targeting of high-grade zones moving forward."

On February 01, 2024, Scottie Resources Corp. has released new assays on its Scottie gold mine deposit, including intercepts at the P zone of 6.89 grams per tonne gold over 5.8 metres and 7.11 g/t gold over 2.2 metres. The results signify considerable upside on a near-mine expansionary target. The Scottie gold mine is a 100-per-cent-owned and royalty-free, past-producing high-grade deposit located 35 kilometres north of the town of Stewart, B.C., along the Granduc Road. Highlights:

• New surface discovery of 20.5 and 17.9 g/t gold in outcrops between the Scottie gold mine and the D zone;
• Scottie gold mine P zone intercepts of 6.89 grams per tonne (g/t) gold over 5.8 metres (m) and 7.11 g/t gold over 2.20 m:
• Both intercepts correlate well with one another and represent extensions of the zone to depth and to the west of previous drilling.
• Holes in the Stockwork area targeted porphyry-style mineralization and intercepted wide zones bearing anomalous gold:
• Mineralization is primarily hosted in andesitic rocks of the Unuk River unit of the Hazelton formation, a favourable host rock in the region;
• From surface, SR23-294 intersected 0.36 g/t gold over 94.51 m, including 1.40 g/t gold over 4.94 m;
• From surface, SR23-295 intersected 0.19 g/t gold over 269.53 m, including 1.47 g/t gold over 4.65 m.

President and chief executive officer Brad Rourke commented: "Continued exploration on the historic Scottie gold mine has always been part of our strategy to advance the company, and these results exemplify the upside on testing new theories around the high-grade past producer. These intercepts clearly illustrate the potential of the P zone to be a major mineralized structure at the Scottie gold mine and highlight the advantage of pursuing near-mine exploration on this project given its underexplored history. Results from Stockwork area continue to provide support for the existence of a large low-grade bulk-tonnage target in the area and will help us determine vectors to better target higher-grade zones."

On January 22, 20244, Scottie Resources Corp., further to the company's news release dated Jan. 18, 2024, has closed the first tranche of its non-brokered private placement. Under the first tranche, the company issued 11,111,111 non-flow-through units at a price of 18 cents per NFT unit for gross proceeds of $2-million. Each NFT unit consists of one common share in the capital of the company and one-half of one common share purchase warrant. Each warrant entitles the holder to purchase an additional share at an exercise price of 28 cents per warrant share for a period of three years from the date of issuance.

The company intends to use the proceeds of the first tranche for general working capital and administrative purposes.

On January 18, 2024, Scottie Resources Corp. has released new assays on the Blueberry contact zone in British Columbia's Golden Triangle, including several high-grade intercepts through the Fifi and Lemoffe vein zones along the Blueberry contact. The Blueberry contact zone is located two kilometres north-northeast of the 100-per-cent-owned and royalty-free, past-producing high-grade Scottie gold mine, 35 kilometres north of the town of Stewart, B.C., along the Granduc Road. Highlights:

• Drill hole SR23-279 targeted the Blueberry-Fifi-Lemoffe vein zones, intersecting 7.94 grams per tonne (g/t) gold over 13.2 metres (m), including 36.1 g/t gold over 2.30 m.
• Intercepts start at a depth from surface of approximately 200 m;
• The lower intercept occurs on the siltstone side of the Blueberry contact zone.
• Drill hole SR23-276 targeted the Fifi-Lemoffe vein zones, intersecting 3.02 g/t gold over 5.25 m, including 9.9 g/t gold over 1.25 m.
• Drill hole SR23-271 intersected 18.7 g/t gold over one m on the Lemoffe vein zone.

President and chief executive officer Brad Rourke commented: "Results from the Blueberry contact zone continue to define a robust system of high-grade sulphide-rich veins hosted in an envelope of lower-grade material centred around the near vertical andesite and siltstone contact. We welcome these results and look forward to releasing the remaining holes over the coming weeks and outlining priorities and targets for our upcoming drill season."

On January 09, 2024, Scottie Resources Corp. has released new assays on its Scottie gold mine project in British Columbia's Golden Triangle, including new high-grade intercepts on its D zone target. The D zone is located 200 metres east of the Blueberry contact and 1.7 kilometres northeast of the 100-per-cent-owned, royalty-free, past-producing high-grade Scottie gold mine, 35 kilometres north of the town of Stewart, B.C., along the Granduc Road. Highlights:

• Drill hole SR23-286 intersected a high-grade D zone vein, grading 36.3 grams per tonne (g/t) gold over five metres, including 91.5 g/t gold over 1.07 m:
• Intercept is located approximately 85 m from existing underground workings;
• Intercept is located 220 m east of the Blueberry contact zone.
• Drill hole SR23-289 intersected a high-grade D zone vein running 20.1 g/t gold over one m:
• Represents a more than 50 m stepout from the 2022 discovery intercepts of SR22-188 (31.8 g/t gold over four m) and SR22-182 (6.82 g/t gold over 6.85 m);
• Mineralization remains open at depth.
• Drill hole SR23-304 intersected a newly identified high-grade D zone vein running 5.90 g/t gold over three m:
• New follow-up target for 2024.

Brad Rourke, president and chief executive officer, commented: "These results from D zone support our exploration concept of a major structurally controlled mineralizing corridor that is transitional from the Blueberry contact zone southwest towards the historic Scottie gold mine. Future exploration on the Scottie project will target additional zones between these high-grade systems. The discovery and expansion of the high-grade D zone is particularly interesting given its location relative to an existing underground tunnel used by the Scottie gold mine for access purposes."

On November 28, 2023, Scottie Resources Corp. has released new assay results from the Scottie gold mine project in British Columbia's Golden Triangle, including several high-grade intercepts on the Fifi and Lemoffe vein zones along the Blueberry contact as well from the C zone. The Blueberry contact zone is located two kilometres north-northeast of the 100-per-cent-owned and royalty-free, past-producing high-grade Scottie gold mine, 35 kilometres north of the town of Stewart, B.C., along the Granduc Road. Highlights:

• Drill hole SR23-268 targeted the Fifi-Lemoffe-Tupelo vein zones, intersecting 8.78 grams per tonne (g/t) gold over 7.5 metres (m) and 28.2 g/t gold over 4.00 m. Intercepts start at a depth from surface of approximately 160 m. The lower intercept occurs on the siltstone side of the Blueberry contact zone.
• Drill hole SR23-265 targeted the Lemoffe vein zone, intersecting 5.50 g/t gold over 3.85 m. An intercept of 6.50 g/t gold over 1.0 m represents the deepest intercept to date of the Blueberry contact zone, at a vertical depth of over 525 m from surface indicating continuity at depth C zone.
• Drill hole SR23-257 intersected 4.12 g/t gold over 6.45 m including 89 g/t silver. The vein zone extends west of the Blueberry contact zone. Increased silver content (relative to gold) is consistent with other drilling in the southern extension of the Blueberry contact zone.

President and chief executive officer, Brad Rourke, commented: "One of the key objectives of the 2023 drill campaign was to further extend the system at depth on the Blueberry contact zone. At the end of 2022 we had established that mineralization extended to 400 metres, and with these new results we can now show that high gold grades continue well past 500 metres. Future drilling at these depths will focus on targeting zones of increased width, aided by the structural interpretations made in the better defined near surface portions of the deposit. Drill results like these continue to establish Blueberry as an exceptional deposit, where the outcropping high-grade gold system has the potential to support both open-pit and underground mining scenarios."

On October 31, 2023, Scottie Resources Corp. has released new assays on the Scottie gold mine project in British Columbia's Golden Triangle, including several high-grade intercepts on the Road and Fifi vein zones along the Blueberry contact. Together, the results continue to define the high-grade, outcropping deposit, and provide valuable context and insight into the structural details of the system. The Blueberry contact zone is located two kilometres north-northeast of the 100-per-cent-owned and royalty-free, past-producing, high-grade Scottie gold mine, 35 kilometres north of the town of Stewart, B.C., along the Granduc Road. Highlights:

• Road zone drill hole SR23-261 intersected 10.4 grams per tonne (g/t) gold (Au) over 7.65 metres, including 51 g/t gold over one m;
• Drill hole SR23-264 targeted the Fifi vein zone, intersecting 88.4 g/t gold over two m and 4.41 g/t gold over 4.5 m:
• High-grade intercepts occur on the siltstone side of the Blueberry contact.
• Drill hole SR23-273 targeted the Fifi vein zone, intersecting 13.0 g/t gold over 8.5 m and 5.12 g/t gold over two m:
• Intercept occurs at a depth from surface of approximately 145 m.

Brad Rourke, president and chief executive officer, commented: "These additional results from the Blueberry contact zone exceed our expectations and further confirm our view that we have begun to delineate a high-grade gold system that extends to surface. Year after year, our team continues to successfully execute on our ever-increasing exploration plans. This year, we completed our biggest program to date, with 20,000 m of drilling -- and finished two weeks early and over $1-million under budget, a remarkable feat in a period of rapid cost increases."

On October 19, 2023, Further to Scottie Resources Corp.'s news releases dated Sept. 8, Oct. 4, 2023, and Oct. 6, 2023, the company has closed the third and final tranche of its non-brokered private placement. Under the third tranche, the company issued 104,167 common shares which qualify as flow-through shares within the meaning of Subsection 66(15) of the Income Tax Act (Canada) at a price of 24 cents per FT share and one million flow-through units at a price of 33 cents per charity FT unit for aggregate gross proceeds of $355,000.

On October 12, 2023, Scottie Resources Corp. has released assay results on the Scottie gold mine project in British Columbia's Golden Triangle. The company continues to intercept high-grade gold over appreciable widths in the Blueberry contact zone. The 2023 exploration program focused on expanding the zone along strike and at depth, and increasing confidence of the geological model through targeted drilling. The company drilled over 20,000 metres in 2023 and has over 15,500 metres of pending assays. The Blueberry contact zone is located two kilometres north-northeast of the 100-per-cent-owned, royalty-free, past-producing, high-grade Scottie gold mine, 35 kilometres north of the town of Stewart, B.C., along Granduc Road. Highlights:

• Drill hole SR23-247 intersected 26.9 grams per tonne gold over four metres and 13.9 g/t gold over 2.04 m (see an attached table).
• Drill hole SR23-249 intersected 3.01 g/t gold over nine m (see an attached table).
• Drill hole SR23-242 intersected 5.3 g/t gold over 4.05 m (see an attached table).
• Testing during 2023 of the main Blueberry zone shows increased vein density relative to previous modelling.

President and chief executive officer Brad Rourke commented: "These additional robust intercepts from the Blueberry contact zone continue to support and enhance our current model and understanding of the orebody. Of the 20,000 metres drilled this season, almost 17,000 was directed towards Blueberry -- taking the total drilling on the zone from 23,000 metres (prior to 2023) to almost 40,000 metre total. This additional information will allow for much more detailed modelling and interpretation of the structures and provide vectors to pursue additional high-grade zones."

On October 06, 2023, Scottie Resources Corp., further to its news releases dated Sept. 8 and Oct. 4, 2023, has closed the second tranche of its non-brokered private placement. Under the second tranche, the company issued 4,008,333 common shares which qualify as a flow-through share within the meaning of Subsection 66(15) of the Income Tax Act (Canada) at a price of 24 cents per FT share for gross proceeds of $962,000.

On October 04, 2023, Further to Scottie Resources Corp.'s news release dated Sept. 8, 2023, the company has closed the first tranche of its non-brokered private placement. Under the first tranche, the company issued 3,985,000 non-flow-through units at a price of 23 cents per NFT unit for gross proceeds of $916,550. Each NFT unit consists of one common share in the capital of the company and one-half of one common share purchase warrant. Each warrant entitles the holder to purchase an additional share at an exercise price of 35 cents per warrant share for a period of two years from the date of issuance. The company intends to use the proceeds of the first tranche for general working capital and administrative purposes.

On September 09, 2023, Scottie Resources Corp. has arranged a non-brokered private placement of securities to raise total gross proceeds of up to $3.5-million. The company intends to use the gross proceeds raised from the charity FT offering for exploration and related programs on the company's Scottie and Blueberry mineral properties. The proceeds from the NFT offering will also be used for general working capital and administrative purposes.

On September 06, 2023, Scottie Resources Corp. has released the first assays from its 2023 drill program targeting the Blueberry contact zone, including intercepts of 56.4 grams per tonne gold over 3.7 metres and 12.1 g/t gold over three metres. These results are the first returned from the 20,000-metre drill campaign currently in progress. The Blueberry contact zone is located two kilometres north-northeast of the 100-per-cent-owned and royalty-free, past-producing high-grade Scottie gold mine, 35 kilometres north of the town of Stewart, B.C., along the Granduc Road.

President and chief executive officer Brad Rourke commented: "We are very pleased to start the 2023 news cycle with another bonanza-grade hole through the Blueberry contact zone. We look forward to releasing the remaining 20,000 metres of the drilling over the coming months."

On June 30, 2023, Scottie Resources Corp. has commenced its 2023 drill program on its high-grade Blueberry contact zone target. The Blueberry contact zone is located two kilometres north-northeast of the 100-per-cent-owned and royalty-free, past-producing, high-grade Scottie gold mine, 35 kilometres north of the town of Stewart, B.C., along the Granduc Road.

President and chief executive officer Brad Rourke commented: "We are up and running, with three drills now turning on the Blueberry contact zone. Our 20,000-metre 2023 drill program is primarily focused on expansion of the structure, both at depth and along strike, following up on the exceptional results of last year's program. With a strong early start to the season, we expect to begin releasing results over the coming months and are excited to further define this high-grade, road-accessible gold system."

June 13, 2023, Scottie Resources Reports Positive Initial Metallurgical Test Results for Blueberry Zone with up to 97.6% Gold Recovery

https://scottieresources.com/news/2023/scottie-resources-reports-positive-initial-metallurgical-test-results-for-blueberry-zone-with-up-to-97.6-gold-recovery/

May 1, 2023, Scottie Resources Provides Updated Disclosure Regarding Closing of $6.5 Million Private Placement

https://scottieresources.com/news/2023/scottie-resources-provides-updated-disclosure-regarding-closing-of-6.5-million-private-placement/

April 20, 2023, Scottie Resources Announces 20,000 M Drill Program and Final Results From 2022 Including 5.28 G/T Gold Over 4.50 M In New Stockwork Zone

https://scottieresources.com/news/2023/scottie-resources-announces-20-000-m-drill-program-and-final-results-from-2022-including-5.28-g-t-gold-over-4.50-m-in-new/

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