Mr. Brad Rourke reports

SCOTTIE RESOURCES INTERCEPTS 13 G/T GOLD OVER 8.5 METRES AND 10.4 G/T GOLD OVER 7.65 METRES AT BLUEBERRY CONTACT ZONE

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."

The higher-grade intercept in SR23-264 is particularly notable as it occurs on the siltstone side of the Blueberry contact, and at an appreciable lateral distance from the contact (60 m). Previous drilling assumed the majority of the high-grade mineralization was confined to the andesite side of the system, and that extensions into the siltstone were limited in extent (approximately five m to 15 m). However, a compilation and interpretation over the winter suggested there may be more continuity of grade further into the siltstone than was previously drill tested, and that prior drilling was inherently biased to the andesite side. During the 2023 drill program, this theory was tested in multiple locations by extending holes farther into the siltstone to target potential extensions of known vein zones. The intercept of 88.4 g/t gold over two m in SR23-264 validates this concept and provides significant upside for future drill programs to expand the mineralized footprint of the system through further exploration on the siltstone side.

About the Blueberry contact zone

The Blueberry zone is located just two kilometres northeast of the 100-per-cent-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 north-south-oriented zone adjacent to the main Blueberry vein. The drill results received from 2020 to 2023, coupled with surficial mapping and sampling, suggest that the north-south mineralized trend is a first-order structure that hosts an array of southwest-trending, subparallel, sulphide-rich veins that obliquely crosscut it which host high-grade gold. As of the end of 2022, the extent of the north-south zone, defined by the contact between andesite and siltstone units of the Hazelton and the presence of the crosscutting sulphide-rich structures, has a drilled strike length of 1,550 metres and has been tested to 400 metres depth. The Blueberry zone is located on the Granduc Road, 20 kilometres north of Ascot Resources' Premier project, which is fully financed for construction. Newcrest's Brucejack mine is located 25 kilometres to the north.

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

Quality assurance and control

Results from samples taken during the 2023 field season were analyzed at SGS Minerals in Burnaby, B.C. The sampling program was undertaken under the direction of Dr. 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 (over nine g/t gold). Analysis by four-acid digestion with multielement ICP-AES (inductively coupled plasma atomic emission spectroscopy) analysis was conducted on all samples, with silver and base metal overlimits being reanalyzed by emission spectrometry.

About Scottie Resources Corp.

Scottie owns a 100-per-cent 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-per-cent 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 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.

We seek Safe Harbor.