Scottie Resources Hits 23.1 g/t Gold over 7.00 m and 20.6 g/t Gold over 5.60 m Reinforcing High-Grade at Blueberry Contact Zone
Fifi drilling extended mineralisation beyond existing mining outlines, while a near-surface Road intersection lies outside the current resource model.
Sentiment and the balance of points
Rhea-AI Sentiment reads the wording of the document, how positive or negative its language is on a 1 to 5 scale. The balance of points shown with the takes weighs what the document actually discloses, so the two can disagree, for example when a trial that missed its main goal is described in upbeat language.
Rhea-AI Summary
Scottie Resources (SCTSF) reported additional gold intercepts at the Blueberry Contact Zone and completed its 2026 drilling campaign. Hole SR26-526 returned 23.1 grams per tonne (g/t) gold over 7.00 metres at Blueberry 3 and 23.1 g/t over 6.00 metres at Blueberry 5. At Fifi 2, SR26-532 returned 20.6 g/t over 5.60 metres, extending mineralisation down dip beyond existing preliminary economic assessment mining outlines; the vein remains open at depth.
At Road, SR26-491 returned 17.2 g/t over 3.10 metres starting 11.20 metres downhole. Scottie interprets this as an additional vein inside the proposed pit shell but outside the current resource model. The completed campaign totalled 61,578 metres across 227 holes, with more than 85% of assays pending. Scottie plans an updated mineral resource estimate and feasibility study in the first half of 2027, incorporating approximately 90,000 metres of drilling since the initial estimate.
Positive
- Minor pointBlueberry 3 hole SR26-526 returned 23.1 g/t gold over 7.00 m, including 138.0 g/t over 1.00 m.
- Minor pointBlueberry 5 hole SR26-526 returned 23.1 g/t gold over 6.00 m, including 38.3 g/t over 3.00 m.
- Minor pointFifi 2 hole SR26-532 returned 20.6 g/t gold over 5.60 m, extending mineralisation beyond existing mining outlines.
- Minor pointFifi 2 mineralisation remains open at depth for further expansion.
- Minor pointFifi 2 hole SR26-497 returned 57.6 g/t gold over 2.00 m, including 113.0 g/t over 1.00 m.
8 minor points
- Minor pointRoad 1 hole SR26-503 intersected 83.8 g/t gold over 1.60 m.
- Minor pointRoad hole SR26-491 returned 17.2 g/t gold over 3.10 m, supporting Scottie's interpretation of an additional near-surface vein.
- Minor pointBlueberry 3 hole SR26-532 returned 12.4 g/t gold over 5.75 m, including 58.0 g/t over 1.00 m.
- Minor pointBlueberry 3 hole SR26-491 returned 19.6 g/t gold over 3.20 m, including 49.5 g/t over 1.15 m.
- Minor pointFifi 2 hole SR26-526 returned 16.6 g/t gold over 2.25 m.
- Minor pointCompleted 2026 drilling totalled 61,578 metres across 227 holes, Scottie's largest campaign.
- Minor point. Forward-looking: it has not happened yet and may not happen.Scottie plans an updated resource estimate and feasibility study in the first half of 2027.
- Minor point. Forward-looking: it has not happened yet and may not happen.Planned resource update will include approximately 90,000 m of drilling since the initial spring 2025 estimate.
Negative
- Minor point. Forward-looking: it has not happened yet and may not happen.2026 assays remain more than 85% pending, with results expected through the remainder of 2026 into early 2027.
- Minor pointAdjacent drilling supporting the interpreted new Road vein has assays pending; mineralisation there is currently visual.
AI-generated analysis. How Rhea-AI works. Not financial advice.
High-Grade Gold Continues Down Dip at Fifi as Drilling Identifies New Near-Surface Vein at Road Zone
Vancouver, British Columbia--(Newsfile Corp. - October 28, 2026) - Scottie Resources Corp. (TSXV: SCOT) (OTCQB: SCTSF) (FSE: SR80) ("Scottie" or the "Company") is pleased to report additional high-grade gold intercepts from its 2026 drilling at the Blueberry Contact Zone within the Scottie Gold Mine Project. The road-accessible Scottie Gold Mine Project, which includes the
This third batch of results from the 2026 drill program delivers significant high-grade gold intercepts across the Blueberry, Fifi, and Road vein systems, demonstrating the strength and continuity of mineralisation across the Blueberry Contact Zone. At Fifi drilling has extended high-grade mineralisation down dip beyond the existing Preliminary Economic Assessment ("PEA") stope outlines, while at the Road Zone a new near-surface mineralised vein has been identified within the proposed PEA pit shell, outside of the current resource block model. Together with strong infill results these intersections highlight opportunities to both expand mineralisation, strengthen the resource and enhance the existing mine plan. Scottie has completed its largest-ever drilling campaign totalling 61,578 metres ("m") drilled in 227 holes, marking a major milestone in advancing the Scottie Gold Mine Project. With more than
Highlights
- Multiple high-grade intercepts at Blueberry: Hole SR26-526 returned 23.1 grams per tonne (g/t) gold over 7.00 m including 72.9 g/t gold over 2.10 m and including 138 g/t over 1.00 m at Blueberry 3, and 23.1 g/t gold over 6.00 m, including 38.3 g/t gold over 3.00 m, at Blueberry 5. Hole SR26-532 returned 12.4 g/t gold over 5.75 m at Blueberry 3 (Table 1, Figures 1 and 2).
- High-grade gold mineralisation continues down dip at Fifi and remains open at depth: Hole SR26-532 returned 20.6 g/t gold over 5.60 m, including 33.5 g/t gold over 3.30 m and 73.2 g/t gold over 1.00 m, at the Fifi 2 vein. The result demonstrates that significant gold grades persist at depth, with the Fifi 2 vein remaining open for further expansion. Additional high-grade gold at Fifi 2 was intersected in hole SR26-497, which returned 57.6 g/t gold over 2.00 m, including 113.0 g/t gold over 1.00 m (Table 1, Figure 1 and 4).
- High-grade gold and new mineralised vein identified at Road Zone: Hole SR26-503 intersected 83.8 g/t gold over 1.60 m within the Road 1 vein. Nearby, hole SR26-491 intersected 17.2 g/t gold over 3.10 m beginning at just 11.20 m downhole, including 45.1 g/t gold over 1.10 m. This near-surface intersection, together with visual mineralization (assays pending) in adjacent drilling, is interpreted to define an additional mineralised vein within the proposed 2025 PEA open pit shell and outside the existing resource block model, demonstrating the potential to expand the resource in this area (Table 1, Figures 1 and 3).
- Record 2026 drilling campaign completed: Scottie has successfully completed its largest drilling program in the Company's history, with 61,578 metres drilled across 227 holes. Assays are expected throughout the remainder of 2026 and into early 2027.
- Update MRE & Feasibilty Study expected early H1, 2027: New MRE to include an additional ~90,000 m of drilling since initial MRE in Spring 2025.
"One of the most compelling aspects of the Blueberry Contact Zone is that we continue to uncover new opportunities within an already impressive high-grade gold system," commented Dr. Thomas Mumford, President and CEO. "We're seeing significant high-grade across multiple veins, continuing at depth, and are discovering new veins within the existing proposed mine plan demonstrating additional opportunities as our understanding of the deposit increases. That's an exciting position to be in as we continue to unlock the potential of Blueberry."
"With our largest-ever drill program complete with over 60,000 m across 227 holes and more than
Table 1: Selected drill assay results (uncut) from the Blueberry Contact Zone
| Drill Hole | From (m) | To (m) | Length (m)1 | Gold (g/t) | Silver (g/t) | Sub Zone |
| SR26-491 | 11.20 | 14.30 | 3.10 | 17.2 | 2 | 'Orphan' |
| incl. | 11.20 | 12.30 | 1.10 | 45.1 | 5 | New Vein |
| and | 69.30 | 72.30 | 3.00 | 1.3 | - | Road 4 |
| and | 214.85 | 218.05 | 3.20 | 19.6 | 11 | Blueberry 3 |
| incl. | 216.90 | 218.05 | 1.15 | 49.5 | 25 | Blueberry 3 |
| and | 329.30 | 330.30 | 1.00 | 6.7 | 3 | 'Orphan' |
| SR26-497 | 88.00 | 89.00 | 1.00 | 1.2 | 48 | 'Orphan' |
| and | 163.00 | 165.00 | 2.00 | 57.6 | 25 | Fifi 2 |
| incl. | 164.00 | 165.00 | 1.00 | 113.0 | 47 | Fifi 2 |
| and | 168.15 | 169.70 | 1.55 | 1.1 | 4 | Fifi 2 |
| SR26-503 | 71.00 | 73.50 | 2.50 | 1.2 | - | 'Orphan' |
| and | 77.50 | 79.10 | 1.60 | 83.8 | 7 | Road 1 |
| SR26-507 | 143.00 | 144.00 | 1.00 | 2.3 | 2 | 'Orphan' |
| and | 149.00 | 158.65 | 9.65 | 1.7 | - | Blueberry 3 |
| incl. | 149.00 | 154.00 | 5.00 | 2.3 | - | Blueberry 3 |
| and | 313.95 | 318.60 | 4.65 | 5.0 | 5 | Fifi 2 |
| incl. | 316.00 | 317.00 | 1.00 | 10.1 | 8 | Fifi 2 |
| SR26-511 | 26.60 | 34.00 | 7.40 | 2.8 | 8 | Bend |
| incl. | 32.00 | 33.00 | 1.00 | 8.1 | 21 | Bend |
| SR26-524 | 129.00 | 132.00 | 3.00 | 2.5 | 2 | Exploration |
| SR26-526 | 98.00 | 105.00 | 7.00 | 23.1 | 8 | Blueberry 3 |
| incl. | 98.00 | 100.10 | 2.10 | 72.9 | 27 | Blueberry 3 |
| incl. | 98.00 | 99.00 | 1.00 | 138.0 | 43 | Blueberry 3 |
| and | 117.00 | 123.00 | 6.00 | 23.1 | 3 | Blueberry 5 |
| incl. | 120.00 | 123.00 | 3.00 | 38.3 | 6 | Blueberry 5 |
| and | 287.75 | 290.00 | 2.25 | 16.6 | 12 | Fifi 2 |
| incl. | 287.75 | 288.95 | 1.20 | 24.0 | 18 | Fifi 2 |
| SR26-528 | 443.45 | 445.45 | 2.00 | 2.6 | - | 'Orphan' |
| and | 497.00 | 501.00 | 4.00 | 3.9 | 2 | 'Orphan' |
| and | 541.75 | 543.30 | 1.55 | 2.5 | 4 | 'Orphan' |
| SR26-532 | 62.30 | 64.30 | 2.00 | 1.1 | - | Blueberry 2 |
| and | 84.80 | 90.55 | 5.75 | 12.4 | 5 | Blueberry 3 |
| incl. | 89.55 | 90.55 | 1.00 | 58.0 | 17 | Blueberry 3 |
| and | 112.35 | 114.00 | 1.65 | 2.7 | - | 'Orphan' |
| and | 126.00 | 127.00 | 1.00 | 5.5 | - | Blueberry 5 |
| and | 191.20 | 192.20 | 1.00 | 1.0 | - | 'Orphan' |
| and | 213.00 | 219.00 | 6.00 | 2.5 | 3 | 'Orphan' |
| and | 361.50 | 367.10 | 5.60 | 20.6 | 12 | Fifi 2 |
| incl. | 362.55 | 365.85 | 3.30 | 33.5 | 16 | Fifi 2 |
| incl. | 363.85 | 364.85 | 1.00 | 73.2 | 17 | Fifi 2 |
| SR26-544 | 192.00 | 195.00 | 3.00 | 1.0 | - | Road 4 |
| 1Core Length; true width of the intervals has not yet been established by drilling but core angles (with the exception of SR26-503) are between 60 and 90 degrees to core axis representing | ||||||
The project's current Mineral Resource Estimate ("MRE"), announced on May 7, 2025, comprises an Inferred Mineral Resource of 3.6 million tonnes grading 6.1 g/t gold, containing 703,000 ounces of gold (see NR dated May 7, 2025; Bird, S., June 20, 2025, Scottie Gold Mine Project, SEDAR+). The current MRE does not incorporate approximately 27,000 metres of diamond drilling completed in 2025 or the more than 60,000 metres completed during the 2026 program. Results from these programs will inform an updated Mineral Resource Estimate and Feasibility Study, both planned for the first half of 2027.

To view an enhanced version of this graphic, please visit:
https://images.newsfilecorp.com/files/11118/321302_260c9666242e48d5_002full.jpg

To view an enhanced version of this graphic, please visit:
https://images.newsfilecorp.com/files/11118/321302_260c9666242e48d5_003full.jpg

To view an enhanced version of this graphic, please visit:
https://images.newsfilecorp.com/files/11118/321302_260c9666242e48d5_004full.jpg
To view an enhanced version of this graphic, please visit:
https://images.newsfilecorp.com/files/11118/321302_260c9666242e48d5_005full.jpg
Quality Assurance and Control
Results from samples taken during the 2026 field season were analyzed at SGS Minerals in Burnaby, BC. The sampling program is undertaken under the direction of Lyle Hansen. The majority of drill core is NQ in diameter, with select holes of HQ size primarily taken for geomechanical purposes. Prior to sampling drill core is cut in half lengthwise, with half sent for assay and the remaining half kept in Stewart, BC. Standards, blanks, and duplicate samples were taken at intervals and frequencies that meet or exceed industry best practices. A secure chain of custody is maintained in transporting and storing all samples. Gold is 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 is conducted on all samples with silver and base metal over-limits being re-analyzed by emission spectrometry.
Lyle Hansen, P.Geo., Resource Geologist for Scottie Resources Corp., is non-independent and a Qualified Person as defined by National Instrument 43-101 - Standards of Disclosure for Mineral Projects and has reviewed and approved the scientific and technical information contained in this news release.
ABOUT SCOTTIE RESOURCES CORP.
Scottie Resources holds
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) in 3.6 million tonnes, highlighting the development potential for a significant near-surface, high-grade deposit. The Company's strategy is to continue expanding this resource and to define additional mineralisation around past-producing mines through systematic drilling and surface exploration.
The Company has recently completed a PEA for the Scottie Gold Mine (Bird et al., October 28, 2025, Scottie Gold Mine Project, SEDAR+). The PEA outlines a robust ore sorting and Direct-Ship Ore (DSO) development scenario with strong economics and significant upside through a potential toll-milling option utilizing excess capacity at the nearby Premier mill. The base case DSO project delivers an after-tax NPV(
Additional Information
Brad Rourke
Executive Chairman
+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 or accuracy of this release.

To view the source version of this press release, please visit https://www.newsfilecorp.com/release/321302
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What gold results did Scottie Resources report at Blueberry and Fifi?
Scottie reported 23.1 g/t gold over 7.00 m at Blueberry 3 in SR26-526 and 20.6 g/t over 5.60 m at Fifi 2 in SR26-532. SR26-526 also returned 23.1 g/t over 6.00 m at Blueberry 5. The reported intervals are core lengths.
When does Scottie Resources plan its updated resource estimate and feasibility study?
Scottie plans both the updated mineral resource estimate and feasibility study for the first half of 2027. The resource update is expected to include approximately 90,000 m of drilling completed since the initial spring 2025 estimate.
What is Scottie Resources' current Scottie Gold Mine resource estimate?
The current estimate contains an inferred mineral resource of 703,000 ounces of gold in 3.6 million tonnes grading 6.1 g/t gold. Announced May 7, 2025, it excludes approximately 27,000 metres drilled in 2025 and the more than 60,000 metres completed during the 2026 program.