Mr. Brad Rourke reports

SCOTTIE RESOURCES INTERCEPTS 53.2 G/T GOLD OVER 3 METRES ON BLUEBERRY ZONE

Scottie Resources Corp. has released new assay results on its Blueberry zone, including two high-grade intercepts in drill hole SR22-209. The upper hit of 53.2 grams per tonne gold over three metres is located at the contact zone, whereas the lower intercept of 19.2 g/t gold over three metres is situated well within the siltstone unit of the Lower Hazelton group.

Drilling in 2022 extended the strike length of the zone to greater than 1,450 metres and the depth to 400 metres. The Blueberry contact zone is 100 per cent owned, royalty-free and located two kilometres north-northeast of the past-producing, high-grade Scottie gold mine, 35 kilometres north of the town of Stewart, B.C., along Granduc Road.

President and chief executive officer Brad Rourke commented: "The Blueberry contact zone continues to fill in with the most recent assay batches. Having secured financing for our 2023 drill program, we are now in the process of securing contractors necessary for another robust exploration season. Much like in 2022, our 2023 drill plan will be expansionary in nature, striving to define the outer limits of this well-endowed system, and a lower-than-usual snowpack this year offers promise of an early start."

2022 exploration program

Scottie's 2022 exploration program was dominated by the diamond drilling of the Blueberry contact zone, where more than 15,000 metres of the total 17,176 metres were drilled. The majority of the drill targets were designed to test pierce points along the structure at 60-to-120-metre spacings. In addition to this, the company tested substantial stepouts along strike to the south (greater than 400 m), where surficial geology and sampling supported the extension of the mineralized zone. The 2022 drill results received thus far have extended the boundaries of the mineralized system from a strike length of 720 metres to more than 1,450 metres, and the vertical depth from 225 metres to 400 metres. Drilling also successfully targeted mineralization at the C and D zones, intercepting up to 31.8 grams per tonne gold over four metres. At a strike length of over 200 metres, the intercepts on the C and D zones represent the furthest tested extent of sulphide-rich cross-structures from the Blueberry contact zone.

In addition to drilling, loop electromagnetic surveys were carried out over the Scottie gold mine and the southern extension of the Blueberry contact zone along the historical Summit lakebed. These surveys have been interpreted and have generated additional drill targets to be tested in 2023.

Dr. Thomas Mumford, PhD, PGeo, vice-president of exploration at Scottie, 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 2022 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 all samples. Gold was assayed using a fire assay with atomic absorption spectrometry and gravimetric finish, when required (greater than nine g/t Au). 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.

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 a 100-per-cent interest in the Georgia project, which contains the high-grade, past-producing Georgia River mine, as well as the Cambria properties and the Sulu property. Altogether, Scottie Resources holds more than 59,000 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 Golden Triangle of British Columbia, which is among the world's most prolific mineralized districts.

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