Mr. Brad Rourke reports

SCOTTIE RESOURCES INTERCEPTS 36.3 G/T GOLD OVER 5.0 METRES AT EMERGING D ZONE TARGET

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."

Drilling of the D zone during 2023 was designed around expanding the extent of the newly discovered mineralized structure. Another goal of the drilling was to evaluate the relationship between the crosscutting sulphide-rich structures at the Blueberry contact zone and the mineralization present at C and D zones. While a gold-rich surface anomaly at D zone has been know for many years, the 2022 drilling of the D zone was the first time the gold mineralization was successfully intercepted at depth. The interpretation of the 2022 drilling results at D zone suggested a possible orientation that was consistent with the regular array of veins present along the Blueberry contact zone. Drill results of holes 286, 287 and 289 from 2023 also support this concept, and provide clear targets to extend mineralization at depth and along strike.

About the C and D zones

The C and D zones are located approximately halfway between the Blueberry vein and the past-producing Scottie gold mine. Historic work on the zones included geological mapping, rock and chip sampling, and limited drilling. Mineralization is vein controlled and is comparable with the vein types observed at both the Scottie gold mine as well as the Blueberry vein. Historic drill intercepts on the C zone generated gold-rich intervals up to 14.2 g/t gold over five m. Drilling by Scottie Resources in 2021 extended the strike length of the mineralization further to the west, with multiple high-grade intercepts, including 11.1 g/t gold over one m and 8.65 g/t gold over one m. Historic drilling on the D zone failed to produce results comparable with the numerous high-grade surficial samples associated with the zone (up to 53 g/t gold), likely due to poor targeting of the primary mineralized structure which is obscured by steep terrain and heavy vegetation. However, reinterpretation of existing data and exploration drilling by Scottie in 2022 revealed high-grade vein-controlled mineralization at D zone, returning grades of 31.8 g/t Au over four m and 6.82 g/t Au over 6.85 m. The surficial expressions of both the C and D zones overlie an access tunnel which connects the A portal to the Scottie gold mine, that was put into reduce avalanche risk during the mine's operation. Drilled in 2022, the intersection between the C zone structure and the Blueberry contact zone returned an interval of 9.12 g/t gold over 16.15 m.

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/quality 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.