Mr. Brad Rourke reports
SCOTTIE ANNOUNCES MANAGEMENT CHANGES TO SUPPORT DSO PROJECT ADVANCEMENT
Scottie Resources Corp. has appointed Sean Masse as chief operating officer and Dr. Thomas Mumford as president, with both appointments effective immediately.
Brad Rourke, chief executive officer of Scottie, stated: "On behalf of the board, we are pleased to welcome Sean Masse to the team and congratulate Thomas on his promotion. As incoming COO, Sean brings with him a wealth of experience in development and operations throughout B.C. His recent experience as general manager of the Brucejack mine, one of the closest operating mines to Scottie, will provide exceptional insight from a project, production, logistics and permitting perspective. Bringing him on is a crucial step in our transition from exploration to development, as he will guide the mine design, engineering studies and help advance permitting on our Scottie gold mine direct ship ore (DSO) project. As president, Scottie will be able to leverage Thomas's planning and organizational skills, while maintaining oversight and continuity of the geological work."
Mr. Masse commented: "I am really excited for the opportunity to advance the Scottie gold mine project and combine my prior experience in development to do so. The company is poised to turn the page on the project and work through the early steps to development and production. My experiences with the first nations and regulators in the southern Golden Triangle have been great in the past, and I look forward to expanding that collaboration on this new, exciting project. Scottie could be a real benefit to the area of Stewart, Hyder and the Nisga'a Nation, as well as the province as a whole."
Mr. Masse has over 25 years of experience as an underground mining industry professional in progressively senior management roles. Mr. Masse was the general manager of the Brucejack mine, in the Golden Triangle, responsible for all aspects of safe and socially responsible production at the mine, prior to the acquisition by Newmont. The operation had over 2,000 employees and contractors. Before joining Brucejack, Mr. Masse was vice-president of operations at Barkerville Gold Mines, prior to its acquisition. He also served as project manager for Centerra's Kemess underground project. During his tenure at Kemess, Mr. Masse worked closely with first nations leadership, regulators and other stakeholders to permit the underground panel cave project. Before the Kemess underground project, Mr. Masse led the mining team that brought New Gold's New Afton mine into successful production, on schedule and on budget, now Canada's highest-tonnage underground mine.
Dr. Mumford (PhD, PGeo) has over 15 years of worth of experience in the mining industry as an exploration geologist. He holds a BSc and an MSc from University of New Brunswick, and a PhD from Carleton University. He has worked across Canada for numerous junior mining companies, exploring for multiple commodities. His most recent role at Scottie was vice-president of exploration, which he held since 2018, which contributed to the discovery of multiple new zones on the property, including the Blueberry Contact zone. Formerly an instructor and program head of BCIT's mining and mineral exploration program, he now sits on the board of Thesis Gold and is a director for AME (Association of Mineral Exploration).
Grant of stock options, RSUs (restricted share units) and DSUs (deferred share units)
On May 13, 2025, Scottie granted 670,000 stock options to certain directors, officers and consultants to the company, 325,000 RSUs to officers of the company, and 200,000 DSUs to directors of the company in accordance with the company's long-term incentive plan. The options are exercisable into common shares of the company at an exercise price of 97 cents per share, for a period of five years from the date of grant. The options vest one-fourth immediately and one-fourth quarterly thereafter. Additionally, the RSUs and DSUs vest one year from the date of grant.
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 a 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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