23:19:21 EDT Wed 17 Sep 2025
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Scottie Resources Corp (2)
Symbol SCOT
Shares Issued 49,969,937
Close 2025-07-22 C$ 0.94
Market Cap C$ 46,971,741
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Scottie begins drilling at Scottie gold mine project

2025-07-22 17:38 ET - News Release

Mr. Brad Rourke reports

SCOTTIE COMMENCES 2025 DRILLING PROGRAM TO EXPAND AND FURTHER DE-RISK EXISTING RESOURCES TO INFORM PEA

Drilling is under way at Scottie Resources Corp.'s flagship Scottie gold mine project, with three diamond drill rigs currently active on site. The project -- which encompasses the 100-per-cent-owned past-producing Scottie gold mine and the adjacent, high-priority Blueberry contact zone -- is located just 35 kilometres north of Stewart, B.C., along the Granduc Road.

Drill program highlights:

  • Resource upgrade (inferred to indicated) and expansionary drilling of the Blueberry contact zone:
    • Focus on the open pit and upper portions of the underground resource;
    • Detailed testing of the siltstone side of the contact zone, a high-probability target that would add ounces to the current pit shell and underground stope shapes.
  • Scottie gold mine:
    • Stepout drilling on the Wolf zone target discovered in 2024 (including intercept of 6.85 grams per tonne gold over 5.85 metres; see news release dated Dec. 12, 2024);
    • Continued drilling of the Scottie gold mine P-zone;
  • Geotechnical and hydrogeology drill holes to support continuing mine design studies.

"Scottie has launched a focused and ambitious field program aimed at accelerating the advancement of the project," said Brad Rouke, chief executive officer of Scottie Resources. "Our winter desktop work identified key development milestones, and this summer's activities are strategically designed to address those critical path items. Drilling remains a cornerstone of the program -- both to expand and derisk the resource and to gather essential technical data to inform mine design. With fieldwork now under way, we are on track to deliver a low-capex preliminary economic assessment on a direct shipment ore scenario in October, which we believe will clearly highlight the significant, untapped value of the Scottie gold mine project."

Additional technical field studies

In conjunction with the initiation of the drilling program, Scottie has also commenced work on several technical studies, including:

  • Initiation of baseline environmental studies;
  • Geotechnical characterization of the mineralization and host rocks;
  • Avalanche assessment and mitigation studies.

Baseline environmental studies

As previously reported (see news release dated July 15, 2025), Scottie has initiated baseline environmental studies to support a planned mine permit amendment process. The work includes archeological, aquatics, terrestrial, hydrogeological and geochemical data collection, and will be completed and led by the Nisga'a Growth Corp.-partnered SLR.

Geotechnical studies

To support the mine design and engineering, geotechnical studies have been initiated to assess the characteristics of the rocks, including the drilling of purpose designed holes to assess pit slope stability. The testing will inform pit design, underground mining methods and stope optimization for use in the coming preliminary economic assessment.

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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