Scottie Commences 2025 Drilling Program to Expand and Further De-Risk Existing Resources to Inform PEA

Rhea-AI Summary

Scottie Resources (OTCQB: SCTSF) has launched its 2025 drilling program at the flagship Scottie Gold Mine Project, located 35 kilometers north of Stewart, British Columbia. The program features three active diamond drill rigs focusing on resource expansion and upgrade at the Blueberry Contact Zone and Scottie Gold Mine.

Key initiatives include step-out drilling at the Wolf Zone (which previously yielded 6.85 g/t gold over 5.85m), geotechnical studies, and baseline environmental assessments. The company aims to deliver a low-capex Preliminary Economic Assessment (PEA) on a Direct Shipment Ore scenario by October 2025, supported by comprehensive technical field studies including environmental baseline studies conducted by Nisga'a Growth Corporation-partnered SLR.

Positive

• Comprehensive drilling program with three active diamond drill rigs
• Previous promising results from Wolf Zone showing 6.85 g/t gold over 5.85m
• Strategic focus on resource upgrade from inferred to indicated category
• Progress toward low-capex PEA scheduled for October 2025
• Initiation of key technical and environmental studies to support mine development

Negative

• Project still requires completion of PEA and permitting process
• Additional technical studies and assessments needed before development

News Market Reaction – SCTSF

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Vancouver, British Columbia--(Newsfile Corp. - July 22, 2025) - Scottie Resources Corp. (TSXV: SCOT) (OTCQB: SCTSF) (FSE: SR80) ("Scottie" or the "Company") is pleased to announce that drilling is now underway at its flagship Scottie Gold Mine Project, with three diamond drill rigs currently active on site. The Project-which encompasses the 100%-owned past-producing Scottie Gold Mine and the adjacent, high-priority Blueberry Contact Zone-is located just 35 kilometres north of Stewart, British Columbia, along the Granduc Road.

Drill Program Highlights:

• Resource Upgrade (inferred to indicated) and Expansionary drilling of the Blueberry Contact Zone

  • Focus on the open pit and upper portions of the underground resource
  • Detailed testing of the siltstone side of the contact zone, a high-probability target that would add ounces to the current pit shell and underground stope shapes

• Scottie Gold Mine

  • Step-out drilling on the Wolf Zone target discovered in 2024 (including intercept of 6.85 g/t gold over 5.85 m; see NR dated December 12, 2024)
  • Continued drilling of the Scottie Gold Mine P-Zone

• Geotechnical and Hydrogeology drill holes to support ongoing mine design studies

"Scottie has launched a focused and ambitious field program aimed at accelerating the advancement of the Project," said Brad Rouke, CEO of Scottie Resources. "Our winter desktop work identified key development milestones, and this summer's activities are strategically designed to address those critical path items. Drilling remains a cornerstone of the program-both to expand and de-risk the resource, and to gather essential technical data to inform mine design. With fieldwork now underway, we are on track to deliver a low-capex Preliminary Economic Assessment on a Direct Shipment Ore scenario in October, which we believe will clearly highlight the significant, untapped value of the Scottie Gold Mine Project.

Additional Technical Field Studies

In conjunction with the initiation of the drilling program, Scottie has also commenced work on several technical studies, including:

• Initiation of Baseline Environmental Studies
• Geotechnical characterization of the mineralization and host rocks
• Avalanche assessment and mitigation studies

Baseline Environmental Studies

As previously reported (see NR date July 15, 2025), Scottie has initiated Baseline Environmental Studies to support a planned mine permit amendment process. The work includes archaeological, aquatics, terrestrial, hydrogeological, and geochemical data collection, and will be completed by led by Nisga'a Growth Corporation-partnered SLR.

Geotechnical Studies

To support the mine design and engineering, geotechnical studies have been initiated to assess the characteristics of the rocks, including the drilling of purpose designed holes to assess pit slope stability. The testing will inform pit design, underground mining methods, and stope optimization for use in the upcoming PEA.

ABOUT SCOTTIE RESOURCES CORP.

Scottie owns a 100% interest in the Scottie Gold Mine Property which includes the Blueberry Contact 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 and Tide North properties. Altogether Scottie Resources holds approximately 58,500 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.

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.

To view the source version of this press release, please visit https://www.newsfilecorp.com/release/259579

FAQ

What is the main focus of Scottie Resources' (SCTSF) 2025 drilling program?

The program focuses on resource upgrade and expansion at the Blueberry Contact Zone and Scottie Gold Mine, with three diamond drill rigs currently active on site.

Where is Scottie Resources' (SCTSF) Gold Mine Project located?

The project is located 35 kilometers north of Stewart, British Columbia, along the Granduc Road.

What were the previous drilling results from Scottie Resources' Wolf Zone?

The Wolf Zone, discovered in 2024, showed promising results with an intercept of 6.85 g/t gold over 5.85 meters.

When will Scottie Resources (SCTSF) complete its Preliminary Economic Assessment?

The company plans to deliver a low-capex Preliminary Economic Assessment (PEA) in October 2025, focusing on a Direct Shipment Ore scenario.

What technical studies is Scottie Resources currently conducting?

The company is conducting baseline environmental studies, geotechnical characterization, and avalanche assessment studies to support mine design and permitting.