Mr. Brad Rourke reports

SCOTTIE RESOURCES ANNOUNCES COMMENCEMENT OF 2024 DRILL CAMPAIGN

Scottie Resources Corp. has commenced its 2024 drill program on the Scottie gold mine project, located in British Columbia's Golden Triangle. Following the detailed exploration plan outlined in May, 2024, the $4.5-million program aims to advance multiple areas, including the Scottie gold mine, Blueberry contact zone and D-zone targets, while initiating drilling on new showings and historic sites.

President and chief executive officer Brad Rourke commented: "With two drills turning, our program this year is set to efficiently build on Scottie's exploration successes at the Blueberry contact zone, the Scottie gold mine and D-zone. With a solid financial base and a clear strategy, we are well positioned to capitalize on emerging opportunities in the area."

2024 exploration program

Drilling has commenced with one diamond drill targeting the Blueberry contact zone for expansion, and a fly-drill will focus on targets requiring helicopter access (for example, D-Zone and the Scottie gold mine). Total initial metreage budgeted is about 6,000 metres, spread across multiple targets, the allocation being dependant upon initial field observations and results. The program is being developed with the ability to easily scale up, should the market conditions change.

The TerraSpec program (short-wave infrared spectroscopy) will be following up on positive initial results from a small pilot program on the Blueberry contact zone that indicated a link between clay/mica minerals and proximity to the high-grade ore shoots. The 2024 TerraSpec program will expand on these results in order to assess other deposits in the Scottie gold mine and their relation to the adjacent Texas Creek intrusive. The program will combine data from surficial transects, analysis of historic drill core and the 2024 drill holes.

In addition to work on the Scottie gold mine project, the company will be carrying out a concerted greenfield exploration program on the Georgia project, where a new showing was discovered in 2023. The showing is located three kilometres south of the historic Georgia River mine, where a grab sample hosting visible gold ran 165 grams per tonne gold. The 1.5-metre-wide, banded quartz-carbonate-chlorite vein is approximately three kilometres along strike of the historic Georgia River mine. Additional fieldwork is also planned on the Cambria project, which is located between Ascot's Premier project and its Red Mountain deposit. The project hosts multiple small, past-producing, high-grade silver-rich polymetallic mines.

About the Scottie gold mine project

Exploration of the Scottie gold mine project over the past five years has produced exceptional drill results through the discovery of high-grade gold in four new zones (Blueberry contact zone, Domino, D-zone and P-zone) and the expansion of previously drill confirmed targets (Scottie gold mine, C-zone, Bend vein and Stockwork). When depicted on a map of property-scale geology, there is a clear spatial relation between the outcropping and drill-confirmed high-grade gold targets and the contact with the Jurassic-aged Texas Creek plutonic suite intrusion. The new 2023 surface discovery of gold-rich vein-style mineralization between the Scottie gold mine and the C-zone and D-zone further supports this relationship. Geological work in the area has established strong connections between the various deposits. The chemical, mineralogical, structural and age relationships of the deposits and host rocks support a genetic model whereby all deposits are linked to the same mineralizing event.

About the Blueberry contact zone

The Blueberry contact zone is located just two kilometres northeast of the 100-per-cent-owned, past-producing Scottie gold mine, located in Canada's Golden Triangle region in British Columbia. Historic trenching and channel sampling of the Blueberry vein include results of 103.94 grams per tonne gold over 1.43 metres and 203.75 grams per tonne 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 grams per tonne 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 2023, the extent of the north-south zone, defined by the contact between andesite and siltstone units of the Hazelton formation and the presence of the cross-cutting sulphide-rich structures, has a drilled strike length of 1,550 metres and has been tested to greater than 525 metres depth. The Blueberry contact zone is located on the Granduc Road, 20 kilometres north of the Ascot Resources' Premier mine. Newmont's Brucejack mine is located 25 kilometres to the north.

Quality assurance and 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. Thomas 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 (greater than nine grams per tonne gold). Analysis by four-acid digestion with multielement ICP-AES analysis was conducted on all samples with silver and base metal overlimits being reanalyzed by emission spectrometry.

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.

About Scottie Resources Corp.

Scottie owns a 100-per-cent 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-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 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.

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