CA Market News
1時間前
Scottie Resources Launches Largest Exploration Program in Company History, Kicking off Fully Funded 50,000 Metre Drill CampaignJune 16, 2026 7:30 AM
NewsfileVancouver, British Columbia--(Newsfile Corp. - June 16, 2026) - Scottie Resources Corp. (TSXV: SCOT) (OTCQB: SCTSF) (FSE: SR80) ("Scottie" or the "Company") is pleased to announce the launch of its 2026 expansion focused drill program at the road-accessible Scottie Gold Mine Project ("Project"), located 35 kilometres north of Stewart in the Golden Triangle of British Columbia. Scottie Resources Corp. has commenced its fully funded $26 million 2026 exploration program, highlighted by a record 50,000-metre diamond drill campaign across its flagship project within the Stewart Gold District. Focussed on expanding and upgrading high-grade gold resources at the Blueberry Contact Zone and Scottie Gold Mine, the program also includes aggressive testing of multiple high-priority targets across the district, including the Bend Vein, the C and D Zones, the Serac Vein and Lakebed area, and the Domino target. The program will also include approximately 2,000 metres of drilling at the Cambria Property, marking the first-ever drill campaign on the project. Combined with ongoing development and technical studies, (geotechnical, hydrogeological, and condemnation drilling for future development planning, extensive geophysical and remote sensing surveys, and expanded environmental baseline and technical studies, which are now entering their second year) the 2026 season represents a significant catalyst for resource growth and value creation as Scottie continues to unlock the potential of it's district-scale gold assets in British Columbia's prolific Golden Triangle."We are excited to have our largest exploration program in history now underway," said Dr. Thomas Mumford, President & CEO. "The planned 50,000 metres of drilling represents an increase of more than 50% over all drilling previously completed by the company on the Scottie Gold Mine Project and will play a key role in advancing resource growth and conversion ahead of our planned Feasibility Study in the first half of 2027. With a strong team in place and a clear strategy for the season, we are well positioned to continue demonstrating the scale and potential of the district. We look forward to providing regular updates as results are received throughout the year."QUALIFIED PERSONDr. Thomas Mumford, P.Geo., President of the Company, is non-independent and a qualified person under National Instrument 43-101, has reviewed and approved the technical information contained in this news release on behalf of the Company.ABOUT SCOTTIE RESOURCES CORP.Scottie Resources holds 100% interest in the Scottie Gold Mine Property, which includes the high-grade, past-producing Scottie Gold Mine and the adjacent Blueberry Contact Zone. The Company also owns a 100% interest in the Georgia Project, host to the past-producing Georgia River Mine, as well as the Cambria, Sulu, and Tide North properties. In total, Scottie controls approximately 58,500 hectares of highly prospective mineral claims within the Stewart Mining Camp in British Columbia's Golden Triangle-one of the world's most prolific mineralized districts.Scottie's current resource estimate on the Scottie Gold Mine Project includes a total of 703,000 gold ounces at an average grade of 6.1 g/t (Inferred category) in 3.6 million tonnes, highlighting the development potential for a significant near-surface, high-grade deposit. The Company's strategy is to continue expanding this resource and to define additional mineralization around past-producing mines through systematic drilling and surface exploration.The Company has recently completed a PEA for the Scottie Gold Mine. The report, entitled "Preliminary Economic Assessment for the Scotte Gold Mine Project" was independently prepared by Tetra Tech of Vancouver, BC, Canada in accordance with National Instrument 43-101 - Standards of Disclosure for Mineral Projects ("NI 43-101") and has an effective date of October 28, 2025. The PEA outlines a robust Direct-Ship Ore (DSO) development scenario with strong economics and significant upside through a potential toll-milling option utilizing excess capacity at the nearby Premier mill. The base case DSO project delivers an after-tax NPV(5%) of $215.8-$668.3 million at gold prices of US$2,600-$4,200/oz, respectively. Under the toll-milling scenario, project economics improve substantially, with an after-tax NPV(5%) of $380.1-$831.7 million (no agreement currently in place). The PEA estimates initial capital costs of $128.6 million, average annual production of ~65,400 oz gold over seven years, and a payback period of 1.7 years for the after-tax DSO case-reduced to just 0.9 years under the toll-milling opportunity at US$2,600/oz.Additional InformationBrad Rourke
Executive Chairman
+1 250 877 9902
brad@scottieresources.com Forward-Looking Statements
This news release may contain forward-looking statements. Forward looking statements are statements that are not historical facts and are generally, but not always, identified by the words "expects", "plans", "anticipates", "believes", "intends", "estimates", "projects", "potential" and similar expressions, or that events or conditions "will", "would", "may", "could" or "should" occur. Although the Company believes the expectations expressed in such forward-looking statements are based on reasonable assumptions, such statements are not guarantees of future performance and actual results may differ materially from those in forward looking statements. Forward-looking statements are based on the beliefs, estimates and opinions of the Company's management on the date such statements were made. Mineral resources are not mineral reserves and do not demonstrate economic viability. The Company expressly disclaims any intention or obligation to update or revise any forward-looking statements whether as a result of new information, future events or otherwise.Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of TSX Venture Exchange) accepts responsibility for the adequacy of accuracy of this release.To view the source version of this press release, please visit https://www.newsfilecorp.com/release/301625 Original: Scottie Resources Launches Largest Exploration Program in Company History, Kicking off Fully Funded 50,000 Metre Drill Campaign
CA Market News
4週前
Scottie Resources Launches Major 2026 Growth Campaign with 50,000 Metre Drill Program at Scottie Gold Mine ProjectMay 21, 2026 7:30 AM
NewsfileJoin Management for a WEBINAR to discuss These Plans on May 26, 2026, at 10:00am PTVancouver, British Columbia--(Newsfile Corp. - May 21, 2026) - Scottie Resources Corp. (TSXV: SCOT) (OTCQB: SCTSF) (FSE: SR80) ("Scottie" or the "Company") is pleased to announce its planned 2026 expansion focused drill program at the road-accessible Scottie Gold Mine Project ("Project"), located 35 kilometres north of Stewart in the Golden Triangle of British Columbia. The 2026 exploration program will consist of approximately 52,000 metres of diamond drilling, highlighted by a record 50,000 metre campaign at the Scottie Gold Mine Project and 2,000 metres at the Cambria Property. Drilling at Scottie will run from June through October using seven drill rigs, including four skid-mounted and three helicopter-supported drills, marking the largest program in the Company's history. The fully integrated campaign will also include geophysical and geochemical surveys alongside continued advancement of environmental baseline studies, now entering their final year. The district-scale Project includes the Company's 100%-owned past-producing Scottie Gold Mine and the adjacent Blueberry Contact Zone. Following Scottie's most successful drill season to date, the 2026 program is designed to advance priority areas across the Project through a combination of resource conversion and expansion drilling. The infill program is aimed at upgrading Inferred resources to Indicated, alongside step-out drilling targeting extensions of known mineralized zones and test new targets across the broader system.Highlights:Fully financed $26 M exploration programOver 50,000 metres of diamond drillingSignificant infill and expansionary drilling at the Blueberry Contact ZoneLarge infill program at the Scottie Gold Mine to support resource conversion and test extensions of known mineralized veins along strike and at depthContinued drilling at the Bend Vein, including follow-up on a new near-surface gold zone discovered in 2025Exploration drilling planned at multiple targets, including:C and D ZonesSerac Vein / Lakebed areaDomino and other regional exploration targetsGeotechnical, hydrogeological, and condemnation drilling to support infrastructure and future development planningLarge-scale geophysical and remote sensing programs, including a 107-hectare 3D induced polarization ("IP") survey, a seven line-kilometre magnetotelluric ("MT") survey, and a 290 km² airborne LiDAR and orthophoto surveyExpanded environmental baseline and technical studies, now entering their second year, including hydrology, hydrogeology, fisheries and aquatic resources, wildlife and habitat, vegetation and wetlands, climate and meteorology, geochemistry, and archaeological programsFirst-ever drill program planned at the Cambria Property, consisting of approximately 2,000 metres of drilling"The scale and scope of our 2026 program reflect the growing confidence we have in the potential of the Scottie Gold Mine Project," said Thomas Mumford, President & CEO. "Following our strongest drill season to date, we are aggressively advancing both resource growth and development initiatives across the district. With a fully funded program and drilling planned across several high-priority targets, we believe 2026 has the potential to be a transformational year for Scottie as we move toward a Feasibility Study."WEBINAR Join Scottie Resources management for a live online seminar reviewing the Company's strongest exploration season to date, including key 2025 drilling results, bulk sample progress, and the record-scale 2026 exploration program at the Scottie Gold Mine Project in British Columbia's Golden Triangle.Date: May 26, 2026 Time: 10:00am PT Where: https://6ix.com/event/scottie-resources-annual-program-review-and-next-stepsFigure 1: Overview plan view map of the Scottie Gold Mine Project depicting targets with existing resources (dark blue labels) and regional target locations (light grey labels).To view an enhanced version of this graphic, please visit:
https://images.newsfilecorp.com/files/11118/298334_c03d238714754b7b_002full.jpg2026 EXPLORATION PROGRAM – SCOTTIE GOLD MINE PROJECTMost of the drilling in 2026 will be focused on the Blueberry Contact Zone, where previous drilling has demonstrated strong continuity of high-grade gold mineralization across multiple vein corridors. Blueberry forms a principal component of the development concept outlined in the Company's Preliminary Economic Assessment, including the Direct-Ship Ore ("DSO") scenario, which contemplates initial production from a shallow open pit followed by underground mining. Drilling at Blueberry will consist of a large infill and expansion program designed to further improve confidence in the continuity and geometry of mineralization and support expansion of the resource. Targeted step-out drilling will also evaluate extensions of the system at depth below the Blueberry Contact Zone and along strike to the south toward the Gulley Zone. A significant portion of the 2026 program will also be directed toward the Scottie Gold Mine. At the historic mine, drilling will focus on a large infill program predominantly within the L, M, and N Zones to support resource conversion, while also testing extensions of known high-grade mineralization both along strike and at depth. Additional drilling will also target down-plunge and along strike extensions of the O Zone within an undrilled portion of the system. The 2026 program will include drilling at the Bend Vein, where 4 to 5 holes are planned to continue testing and expanding mineralized structures associated with this near-surface vein system. The Bend Vein was the source of the Company's 2025 bulk sample, which provided a demonstration of mining and processing under a DSO scenario and generated approximately $7.5 million in revenue. Drilling during the 2025 program also identified additional near-surface mineralization, including the discovery of a new vein, which will be followed up during the 2026 program. Exploration drilling is planned across multiple target areas, including the Serac Vein / Lakebed area, located south of the Blueberry Contact Zone. A total of 3 to 4 holes is planned to follow up on previous vein intersections and evaluate the southern extent of the mineralized system. Additional exploration holes are planned at the C and D Zones, where previous drilling has identified multiple high-grade mineralized structures. The 2026 program will continue to test and expand these structures while evaluating their continuity at depth and along strike.A portion of the 2026 program will be dedicated to testing emerging and underexplored targets across the property, including Domino, located on the western side of the property. Domino shares key geological characteristics with the Blueberry Contact Zone and other high-grade zones across the Project and is interpreted to form part of the broader mineralized system. Drilling at Domino will consist of 10 to 15 holes designed to test mapped vein structures, deeper geophysical targets, and areas of high-grade surface samples. Additional regional exploration drilling will also target project-wide prospective areas identified through previous geophysical surveys, geological mapping, and surface sampling programs. These targets provide opportunities to identify additional zones of high-grade mineralization and further demonstrate the district-scale potential of the Scottie Gold Mine Project.GEOPHYSICS AND REMOTE SENSINGScottie will complete geophysical work across priority areas of the property as part of the 2026 program, including a 107-hectare 3D distributed-array induced polarization ("3DIP") survey and a seven line-kilometre magnetotelluric ("MT") survey. The 3DIP program will utilize a DIAS32 distributed-array system with common voltage referencing (CVR), designed to generate a high-density 3D dataset of chargeability and resistivity. The survey is designed to image chargeability and resistivity distributions to depths exceeding approximately 400 metres and will support identification of sulphide-associated mineralization and structural controls across key target areas.The DIAS32 distributed-array system is expected to provide substantially greater data density and improved multi-azimuth coverage relative to conventional IP surveys, enhancing the Company's ability to model lithological contacts, fault systems, alteration corridors, and potential feeder structures associated with high-grade gold mineralization across the Project. The resulting inversion models will be integrated with geological mapping, drilling, structural interpretation, and geochemical datasets to refine targeting.In addition, Scottie plans to complete an MT survey across up to 15 priority and 14 secondary stations, covering approximately seven line-kilometres across the Project from the Blueberry Contact Zone to Domino. The MT survey will use naturally occurring electromagnetic fields across a broad frequency spectrum to model deep subsurface resistivity contrasts and large-scale structural features potentially associated with mineralization controls beneath the Project area. The MT dataset is expected to complement the higher-resolution 3DIP survey and provide insight into deep structural architecture, intrusive centres, major fault systems, and fluid pathways across the broader mineralized system.Scottie also plans to complete a helicopter-borne LiDAR and orthophoto survey covering approximately 290 km² across the Project. The survey will use a Phoenix Ranger XL (Riegl VUX 240) LiDAR system and PhaseOne imaging camera to acquire high-resolution topographic and orthophoto datasets at planned raw point densities of approximately 20 to 50 points per square metre and image resolutions of up to 5 cm GSD.The airborne survey is designed to generate detailed digital terrain and surface models capable of penetrating vegetation and forest canopy cover to improve geological and structural interpretation across the Project area. Deliverables are expected to include high-density georeferenced point cloud datasets, digital terrain models ("DTMs"), digital surface models ("DSMs"), vegetation classification products, and orthophoto mosaics to support geological mapping, structural interpretation, drill targeting, infrastructure siting, hydrological assessments, geotechnical studies, and environmental baseline programs.The Company believes the LiDAR dataset will significantly enhance interpretation of subtle structural lineaments, glacial geomorphology, drainage features, historical disturbances, and topographic controls on mineralization while also supporting future engineering, mine planning, and development activities across the Project area.In addition to drilling and geophysics, Scottie will undertake targeted geochemical surveying consisting of surface rock sampling to further define known mineralized trends and support the identification of new areas of interest across underexplored portions of the property.ENVIRONMENTAL AND TECHNICAL STUDIESIn parallel with exploration, Scottie will continue to advance its environmental baseline work, building on data collected during the 2025 field season. Baseline studies completed to date have established datasets across key disciplines, including hydrology, hydrogeology, fisheries and aquatic resources, wildlife and habitat, vegetation and wetlands, climate and meteorology, geochemistry, archaeology and cultural heritage, providing a strong technical foundation for environmental characterization, engineering studies, mine planning, and future regulatory applications.Hydrology Surface water quantity and quality monitoring initiated during 2025 will continue through the 2026 field season, including ongoing hydrometric monitoring, stream flow measurements, seasonal water quality sampling, and catchment response analysis. The work is designed to improve understanding of watershed behaviour, seasonal flow variability, precipitation-runoff relationships, and baseline water chemistry across the Project area. Data collected through the program will support development of a site-wide water balance model and integrated water management strategy for future project planning.HydrogeologyHydrogeological investigations and groundwater monitoring programs initiated in 2025 will continue throughout 2026 to further characterize groundwater flow regimes, hydraulic connectivity, groundwater quality, and interactions between surface water and groundwater systems. Work will include continued groundwater level monitoring, hydrogeological modelling, and development of a hydrogeological conceptual model for the Project. The program is intended to support future mine design, underground development planning, and water management infrastructure design.Fisheries and Aquatic ResourcesAquatic baseline studies initiated during 2025 will continue across key watercourses and aquatic habitats throughout the Project area. Programs are designed to characterize fish habitat conditions, aquatic productivity, species presence, and seasonal habitat utilization. Fieldwork completed to date has included aquatic habitat assessments, fisheries inventories, and baseline aquatic monitoring programs intended to support future environmental planning and regulatory review.Wildlife and HabitatWildlife baseline studies completed during 2025 included deployment of remote wildlife cameras and Autonomous Recording Units ("ARUs") for bat, bird, and amphibian monitoring, as well as aerial and ground-based wildlife surveys. Preliminary field programs documented numerous wildlife species across the Project area, including species of management interest such as wolverine and mountain goat. The 2026 program will significantly expand seasonal wildlife surveys through multiple field campaigns focused on breeding, migration, overwintering, and habitat utilization patterns across the Project area. Planned work includes aerial ungulate surveys, raptor monitoring, bat acoustic monitoring, bird point counts, amphibian surveys, and continued remote camera and ARU monitoring programs.Vegetation and WetlandsVegetation and wetland baseline programs initiated during 2025 will continue in 2026 through ecosystem mapping, wetland delineation, rare plant assessments, and habitat characterization studies. The work is intended to support infrastructure planning, habitat characterization, and reclamation and closure planning across proposed disturbance areas.Climate and MeteorologyScottie initiated climate and meteorological monitoring during 2025 through installation of an on-site meteorological station to support collection of baseline climatic data, including precipitation, temperature, and seasonal weather patterns. Continued climate monitoring during 2026 will support hydrological modelling, infrastructure design criteria, water management planning, and long-term environmental characterization of the Project area.Geochemistry Scottie will continue advancing geochemical characterization and metal leaching and acid rock drainage ("ML/ARD") studies at the Scottie Gold Mine Project in 2026 as part of an integrated baseline geochemistry program supporting mine planning, environmental baseline studies, and future permit amendment activities. The 2026 program represents a continuation and expansion of geochemical work initiated in previous years focused on both legacy mine materials and proposed future mine plan materials.In 2025, Scottie completed preliminary geochemical characterization programs on materials representative of potential construction borrow sources, waste rock, pit wall rock, underground development materials, and legacy mine materials. A total of 103 drill core samples were collected and submitted for geochemical characterization to support assessment of long-term geochemical behaviour and residual ML/ARD risks associated with proposed mine development and reclamation planning.The 2026 baseline geochemistry program will include continued characterization of waste rock, construction borrow materials, ore sorter waste, and other mine-related materials through a combination of static testing, short-term leachate extraction testing, mineralogical analysis, particle size analysis, laboratory kinetic testing, and field kinetic testing. Planned laboratory programs include Acid-Base Accounting, Net Acid Generation testing, whole rock analysis, humidity cell testing, subaqueous column testing, and Shake Flask Extraction testing designed to further evaluate long-term geochemical behaviour, sulphide oxidation potential, constituent release rates, and residual ML/ARD risks associated with mine materials.Field kinetic testing programs planned for 2026 include Field Leach Barrel testing designed to evaluate geochemical behaviour under site-specific climatic and hydrological conditions, including seasonal wetting and flushing cycles. The Company believes these studies will provide important inputs for water quality modelling, source term development, mine waste management strategies, and long-term reclamation and closure planning.The geochemistry program will also support development of a draft ML/ARD Management Plan and ongoing collaboration between geochemistry, mine planning, hydrogeology, environmental baseline, and water quality modelling teams. Results from the program are expected to support waste and contact water management strategies, and future infrastructure and mine development planning. Archaeology and Cultural HeritageScottie has also advanced archaeological and cultural heritage initiatives associated with the Project. During 2025, an Archaeological Overview Assessment was completed for the broader Project area, identifying areas of elevated archaeological potential associated with hydrological features and historical land-use corridors. The Company has subsequently submitted a Section 12.2 Heritage Inspection Permit application to support Preliminary Field Reconnaissance and future Archaeological Impact Assessment work in consultation with Indigenous groups and regulators. Planned archaeological programs are expected to include pedestrian surveys and subsurface investigations across priority development and infrastructure areas.The Company continues to advance technical work and environmental studies in support of future permitting and development planning, following the determination that the Project is below provincial and federal environmental assessment thresholds, allowing it to proceed through the provincial permitting process toward a Joint Major Mine Permit Application.CAMBRIA AND GEORGIA RIVER PROPERTIESIn addition to activities at the Scottie Gold Mine Project, the Company plans to initiate its first-ever drill program at the Cambria Property during the 2026 field season. The program is expected to comprise approximately 2,000 metres of diamond drilling between July and August.The Cambria Property is a large, district-scale land package covering approximately 28,000 hectares across 120 mineral claims, located between the Premier Mine and Red Mountain deposit in the Golden Triangle. The property hosts 83 documented mineral occurrences, including five historical mines, and remains underexplored relative to its size and geological setting. The property is situated within an area of ongoing exploration and development activity, with nearby projects advancing toward production and the development of supporting infrastructure in the region. Exploration by Scottie over the past five years has focused on geological mapping and geochemical sampling, which has identified numerous prospective targets across the property. The planned 2026 drill program represents the first opportunity to evaluate these targets at depth and marks a key step in advancing the broader potential of the Cambria Property. Additional fieldwork is also planned on the Georgia River Project, which hosts the past-producing Georgia River Mine, with a focus on the central and eastern portions of the property. The program will build on earlier work that has outlined high-grade mineralization and multiple prospective targets, supporting continued evaluation of this underexplored portion of the Project.QUALIFIED PERSONDr. Thomas Mumford, P.Geo., President of the Company, is non-independent and a qualified person under National Instrument 43-101, has reviewed and approved the technical information contained in this news release on behalf of the Company.ABOUT SCOTTIE RESOURCES CORP.Scottie Resources holds 100% interest in the Scottie Gold Mine Property, which includes the high-grade, past-producing Scottie Gold Mine and the adjacent Blueberry Contact Zone. The Company also owns a 100% interest in the Georgia Project, host to the past-producing Georgia River Mine, as well as the Cambria, Sulu, and Tide North properties. In total, Scottie controls approximately 58,500 hectares of highly prospective mineral claims within the Stewart Mining Camp in British Columbia's Golden Triangle—one of the world's most prolific mineralized districts.Scottie's current resource estimate on the Scottie Gold Mine Project includes a total of 703,000 gold ounces at an average grade of 6.1 g/t (Inferred category) in 3.6 million tonnes, highlighting the development potential for a significant near-surface, high-grade deposit. The Company's strategy is to continue expanding this resource and to define additional mineralization around past-producing mines through systematic drilling and surface exploration.The Company has recently completed a PEA for the Scottie Gold Mine. The PEA outlines a robust Direct-Ship Ore (DSO) development scenario with strong economics and significant upside through a potential toll-milling option utilizing excess capacity at the nearby Premier mill. The base case DSO project delivers an after-tax NPV(5%) of $215.8-$668.3 million at gold prices of US$2,600-$4,200/oz, respectively. Under the toll-milling scenario, project economics improve substantially, with an after-tax NPV(5%) of $380.1-$831.7 million (no agreement currently in place). The PEA estimates initial capital costs of $128.6 million, average annual production of ~65,400 oz gold over seven years, and a payback period of 1.7 years for the after-tax DSO case-reduced to just 0.9 years under the toll-milling opportunity at US$2,600/oz.Additional InformationBrad Rourke
Executive Chairman
+1 250 877 9902
brad@scottieresources.com Forward-Looking Statements
This news release may contain forward-looking statements. Forward-looking statements are statements that are not historical facts and are generally, but not always, identified by the words "expects", "plans", "anticipates", "believes", "intends", "estimates", "projects", "potential" and similar expressions, or that events or conditions "will", "would", "may", "could" or "should" occur. Although the Company believes the expectations expressed in such forward-looking statements are based on reasonable assumptions, such statements are not guarantees of future performance and actual results may differ materially from those in forward looking statements. Forward-looking statements are based on the beliefs, estimates and opinions of the Company's management on the date such statements were made. The Company expressly disclaims any intention or obligation to update or revise any forward-looking statements whether as a result of new information, future events or otherwise.Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of TSX Venture Exchange) accepts responsibility for the adequacy of accuracy of this release.To view the source version of this press release, please visit https://www.newsfilecorp.com/release/298334 Original: Scottie Resources Launches Major 2026 Growth Campaign with 50,000 Metre Drill Program at Scottie Gold Mine Project
CA Market News
1月前
Scottie Resources and Nisga'a Nation Enter into Capacity Funding Agreement, Commencing the Path Towards Negotiations for an Impact Benefit Agreement for the Scottie Gold Mine ProjectMay 12, 2026 7:30 AM
NewsfileVancouver, British Columbia--(Newsfile Corp. - May 12, 2026) - Scottie Resources Corp. (TSXV: SCOT) (OTCQB: SCTSF) (FSE: SR80) ("Scottie" or the "Company") is pleased to announce that the Company has reached a Capacity Funding Agreement (CFA) with the Nisga'a Nation, as represented by Nisga'a Lisims Government (NLG). This CFA provides the foundation for NLG and Scottie to advance the permitting review and begin negotiations towards an Impact Benefit Agreement (IBA) to support development of the Scottie Gold Mine Project (the "Project"). As defined in the Nisga'a Final Agreement, the project lies within the Nass Area with part of the access road located in the Nass Wildlife Area. The CFA provides funding to the Nisga'a Nation to support its technical review of the permitting process through independent consultants, as well as cover the legal costs related to negotiating an IBA. The IBA will be a formal agreement between Scottie and NLG that addresses potential impacts from the Project to Nisga'a Treaty rights and interests and defines how the Nisga'a Nation will participate in and share in the Project's benefits. This agreement is expected to support a more efficient provincial permitting process, recognizing the Crown's duty to ensure meaningful consultation with and mitigation to potential impacts to Indigenous Peoples when issuing permits.Scottie has been formally engaged with NLG on the project since Q2 of 2025, with significant progress made over that time. In connection with working toward completing an assessment under paragraphs 8(e) and 8(f) of Chapter 10 of the Nisga'a Final Agreement, the parties have recently agreed on an initial "Interaction Matrix" ("the Matrix"), which identifies potential positive and negative interactions between the Project and the Nisga'a Nation, based on the current project plan and experience with similar projects. The Matrix will guide the scope of environmental and socio-economic assessments required for the Scottie Gold Mine Project permit application and will help inform the design of the 2026 environmental baseline data collection program.Eva Clayton, President of Nisga'a Lisims Government stated, "The Capacity Funding Agreement is an important step in facilitating NLG's continued engagement with Scottie Resources in respect of the Scottie Gold Mine Project, and particularly in the assessment of the Project required under Chapter 10 of the of the Nisga'a Final Agreement. We look forward to continuing this work as the parties move toward negotiation of an Impact Benefit Agreement." "Entering into the Capacity Funding Agreement and advancing the Interaction Matrix represent important milestones achieved in our engagement with the Nisga'a Nation," said Thomas Mumford, President & CEO. "We value the strong working relationship we have built with the NLG and look forward to continuing this collaboration as we progress towards an IBA."QUALIFIED PERSONDr. Thomas Mumford, P.Geo., President of the Company, is non-independent and a qualified person under National Instrument 43-101, has reviewed and approved the technical information contained in this news release on behalf of the Company.ABOUT SCOTTIE RESOURCES CORP.Scottie Resources holds 100% interest in the Scottie Gold Mine Property, which includes the high-grade, past-producing Scottie Gold Mine and the adjacent Blueberry Contact Zone. The Company also owns a 100% interest in the Georgia Project, host to the past-producing Georgia River Mine, as well as the Cambria, Sulu, and Tide North properties. In total, Scottie controls approximately 58,500 hectares of highly prospective mineral claims within the Stewart Mining Camp in British Columbia's Golden Triangle—one of the world's most prolific mineralized districts.Scottie's current resource estimate on the Scottie Gold Mine Project includes a total of 703,000 gold ounces at an average grade of 6.1 g/t (Inferred category) in 3.6 million tonnes, highlighting the development potential for a significant near-surface, high-grade deposit. The Company's strategy is to continue expanding this resource and to define additional mineralization around past-producing mines through systematic drilling and surface exploration.The Company has recently completed a PEA for the Scottie Gold Mine. The PEA outlines a robust Direct-Ship Ore (DSO) development scenario with strong economics and significant upside through a potential toll-milling option utilizing excess capacity at the nearby Premier mill. The base case DSO project delivers an after-tax NPV(5%) of $215.8–$668.3 million at gold prices of US$2,600–$4,200/oz, respectively. Under the toll-milling scenario, project economics improve substantially, with an after-tax NPV(5%) of $380.1–$831.7 million (no agreement currently in place). The PEA estimates initial capital costs of $128.6 million, average annual production of ~65,400 oz gold over seven years, and a payback period of 1.7 years for the after-tax DSO case—reduced to just 0.9 years under the toll-milling opportunity at US$2,600/oz.Additional InformationBrad Rourke
Executive Chairman
+1 250 877 9902
brad@scottieresources.com Forward-Looking Statements
This news release may contain forward-looking statements. Forward-looking statements are statements that are not historical facts and are generally, but not always, identified by the words "expects", "plans", "anticipates", "believes", "intends", "estimates", "projects", "potential" and similar expressions, or that events or conditions "will", "would", "may", "could" or "should" occur. Although the Company believes the expectations expressed in such forward-looking statements are based on reasonable assumptions, such statements are not guarantees of future performance and actual results may differ materially from those in forward looking statements. Forward-looking statements are based on the beliefs, estimates and opinions of the Company's management on the date such statements were made. The Company expressly disclaims any intention or obligation to update or revise any forward-looking statements whether as a result of new information, future events or otherwise.Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of TSX Venture Exchange) accepts responsibility for the adequacy of accuracy of this release.To view the source version of this press release, please visit https://www.newsfilecorp.com/release/297065 Original: Scottie Resources and Nisga'a Nation Enter into Capacity Funding Agreement, Commencing the Path Towards Negotiations for an Impact Benefit Agreement for the Scottie Gold Mine Project
CA Market News
3月前
Scottie Resources Advances Direct-Ship Ore Strategy with Phase 2 Ore Sorting Study Success and Feasibility Study LaunchMarch 18, 2026 7:30 AM
NewsfileVancouver, British Columbia--(Newsfile Corp. - March 18, 2026) - Scottie Resources Corp. (TSXV: SCOT) (OTCQB: SCTSF) (FSE: SR80) ("Scottie" or the "Company") is pleased to announce that following the release of its successful Preliminary Economic Assessment ("PEA"), it has selected Tetra Tech Inc. ("Tetra Tech") to lead the study work for a Feasibility Study ("FS") on its on its 100% owned Scottie Gold Mine Project (Bird et al., October 28, 2025, Scottie Gold Mine Project, SEDAR+). Scottie is also pleased to report that results of its Phase 2 Ore Sorting Study confirmed positive Phase 1 results. Using production-level equipment and sample volumes as compared with Phase 1, these Phase 2 results provide a strong level of confidence in the use of DSO in this production scenario. The Company is targeting completion of the FS in Q2 2027, evaluating a high-margin Direct-Ship Ore ("DSO") operation designed to produce a gold-bearing concentrate for shipment to Asian smelters. By incorporating ore sorting and the DSO mine plan, the project aims to eliminate the need for a conventional gold processing plant and tailings facility, significantly reducing capital costs while maintaining a small environmental footprint. The development plan, consistent with the previously released PEA, envisions initial production from a shallow open pit at the Blueberry Zone, followed by underground mining from both Blueberry and the historic Scottie Gold Mine.Ore Sorting Highlights:Phase 2 study results are consistent with Phase 1 study, demonstrating strong upgrade of all zones within the Scottie Gold Mine Project (SGMP).X X-Ray Transmittance (XRT) recovery curves show an advantage over X-Ray Fluorescence (XRF) curves at the optimal operating range of 50% to 65% mass pull to sorter product (35% to 55% mass rejection). XRT has been selected for the Feasibility Study.Gold grades used in the Phase 2 study were selected based on the 2025 MRE, published in May 2025, which are lower than the mine plan considered in the 2025 PEA, published in December 2025, particularly for the Open Pit (e.g., 3.17 g/t Au versus 7.71 g/t Au, respectively).The XRT Phase 2 test, conducted on a more representative bulk sample, show similar recoveries to the XRT Phase 1 test results. Phase 2 results shows that the XRT sorter can recover 82% to 92% of the gold when accepting 50% to 65% of the mass as sorter product. "This marks another important step forward for the Scottie Gold Mine Project. Ore sorting is an important component of our DSO strategy, and optimizing this process is key to maximizing the payability structure under our offtake agreement with Ocean Partners," stated Thomas Mumford, President and CEO of Scottie. "Selecting XRT technology and conducting another full-scale test with TOMRA, the industry leader in sensor-based ore sorting, will provide additional confidence as we advance planning into the next phase of development. We look forward to providing on progress as the FS moves forward." Phase 2 Ore Sorting Program - Sampling and TestingIn the Spring of 2025, core samples were gathered representing the 2025 Mineral Resource Estimate grades from each of the three deposits contemplated at the Scottie Gold Mine Project: Blueberry Open Pit, Blueberry Underground and Scottie Underground.Composite samples for all three zones were created using intervals taken from existing half core, which was cut and the quarter core was broken into ~75 mm lengths; the remaining quarter-core remains preserved at site. Each cut portion was handled in a manner that smaller particles were retained with the sample.Composite samples for individual deposits weighed approximately 260 kg each, which was then separated into two equal fractions. Half of each sample was tested using Tomra's X-Ray Transmittance (XRT) at the Saskatchewan Research Council Facility, in Saskatoon, and the other half using X-Ray Fluorescence (XRF) sorter at the Rados Facility in South Africa.Both testing facilities used multiple sensor algorithms and settings, tailored for each unique deposit, through multi-stage sorting tests to create multiple products at different set points and a final waste. The products and waste were then assayed to calculate recoveries and determine the optimal operating range. The Phase 2 study demonstrates that XRT is the better sorting technology for the SGMP when considering two-way sorting. XRT has a slightly better recovery curve than XRF at the optimal operating conditions. The proposed XRT plant will be designed to produce DSO material at -75mm particle size. In discussions with the Stewart Bulk Terminal, where the DSO product would be loaded onto vessels, 100 mm sized material posed a potential challenge, while 75 mm material was more favorable and would not require any special handling.Next Steps:Given that the XRT technology has both a recovery and logistical advantage to the project, the team has focussed on this type of sorter for the FS, which is currently underway. Scottie will continue to work with ABH Engineering and plan to have a second production scale sample taken this spring (Phase 3), largely using drill core from the 2025 season. This sample will have the additional benefit of a mine plan and a mine plan average grade to guide sample selection.The intent for this FS level test program will be to have the sample tested at the Tomra facility in Germany. Tomra is the world leader in XRT sorting technology, with over 150 XRT units deployed around the world, sorting many ore types, including gold-rich ores.QUALIFIED PERSONDr. Thomas Mumford, P.Geo., non-independent President of the Company, a qualified person under National Instrument 43-101, has reviewed and approved the technical information contained in this news release on behalf of the Company.ABOUT SCOTTIE RESOURCES CORP.Scottie Resources holds 100% interest in the Scottie Gold Mine Property, which includes the high-grade, past-producing Scottie Gold Mine and the adjacent Blueberry Contact Zone. The Company also owns a 100% interest in the Georgia Project, host to the past-producing Georgia River Mine, as well as the Cambria, Sulu, and Tide North properties. In total, Scottie controls approximately 58,500 hectares of highly prospective mineral claims within the Stewart Mining Camp in British Columbia's Golden Triangle—one of the world's most prolific mineralized districts.Scottie's current resource estimate on the Scottie Gold Mine Project includes a total of 703,000 gold ounces at an average grade of 6.1 g/t (Inferred category) in 3.6 millon tonnes, highlighting the development potential for a significant near-surface, high-grade deposit. The Company's strategy is to continue expanding this resource and to define additional mineralization around past-producing mines through systematic drilling and surface exploration.The Company has recently completed a PEA for the Scottie Gold Mine. The PEA outlines a robust Direct-Ship Ore (DSO) development scenario with strong economics and significant upside through a potential toll-milling option utilizing excess capacity at the nearby Premier mill. The base case DSO project delivers an after-tax NPV(5%) of $215.8–$668.3 million at gold prices of US$2,600–$4,200/oz, respectively. Under the toll-milling scenario, project economics improve substantially, with an after-tax NPV(5%) of $380.1–$831.7 million (no agreement currently in place). The PEA estimates initial capital costs of $128.6 million, average annual production of ~65,400 oz gold over seven years, and a payback period of 1.7 years for the after-tax DSO case—reduced to just 0.9 years under the toll-milling opportunity at US$2,600/oz.For Additional Information Please Contact:Brad Rouke
Executive Chairman
+1 250 877 9902
brad@scottieresources.com Forward-Looking Statements
This news release may contain forward-looking statements. Forward looking statements are statements that are not historical facts and are generally, but not always, identified by the words "expects", "plans", "anticipates", "believes", "intends", "estimates", "projects", "potential" and similar expressions, or that events or conditions "will", "would", "may", "could" or "should" occur. Although the Company believes the expectations expressed in such forward-looking statements are based on reasonable assumptions, such statements are not guarantees of future performance and actual results may differ materially from those in forward-looking statements. Forward-looking statements are based on the beliefs, estimates and opinions of the Company's management on the date such statements were made. The Company expressly disclaims any intention or obligation to update or revise any forward-looking statements whether as a result of new information, future events or otherwise.Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of TSX Venture Exchange) accepts responsibility for the adequacy of accuracy of this release.To view the source version of this press release, please visit https://www.newsfilecorp.com/release/288912
Original: Scottie Resources Advances Direct-Ship Ore Strategy with Phase 2 Ore Sorting Study Success and Feasibility Study Launch
CA Market News
4月前
Scottie Reports Broad and High-Grade Gold at the Blueberry Contact Zone 14.4 g/t Gold over 40.75 Metres and 42.5 g/t Gold over 4.40 MetresFebruary 25, 2026 7:30 AM
NewsfileVancouver, British Columbia--(Newsfile Corp. - February 25, 2026) - Scottie Resources Corp. (TSXV: SCOT) (OTCQB: SCTSF) (FSE: SR80) ("Scottie" or the "Company") is pleased to report final assays from its 2025 drilling of various zones within the Blueberry Contact Zone, at the Scottie Gold Mine Project ("Scottie Gold Mine" or the "Project"). The road-accessible Project is located 35 kilometres north of Stewart, BC, and is the subject of a newly released Preliminary Economic Assessment ("PEA") entitled Scottie Gold Mine Project (Bird et al., October 28, 2025, Scottie Gold Mine Project, SEDAR+).In 2025, Scottie completed its biggest drill season ever, drilling more than 27,300 metres across 126 holes. This included 17 specialized holes (2,300 metres) focused on ground stability and water studies important steps as the project advances toward potential future mine development.The program delivered the best gold intercept ever recorded on the property, including 30.1 grams per tonne gold over 23.65 metres (see September 8, 2025 news release).Results from the season showed consistent high-grade gold throughout the project.Highlights44% of holes hit more than 2 metres of 5+ g/t gold30% of holes hit more than 2 metres of 10+ g/t gold25% of holes hit more than 2 metres of 15+ g/t gold20% of holes hit more than 2 metres of 20+ g/t gold11% of holes hit more than 2 metres of 30+ g/t gold In simple terms, nearly half of all holes drilled returned strong gold grades, and a meaningful number returned exceptionally high grades."2025 was our most important drill season yet, not just because we drilled more metres than ever before, but because of the quality and consistency of the gold we intersected," said Dr. Thomas Mumford, President of Scottie Resources. "As we tightened up our drilling, we continued to see the same strong gold zones repeat across multiple areas of the project. We are now finalizing our of interpretation of the results and will outline our 2026 exploration plans in the coming weeks." "With more than $26M in flow-through funds available, we are fully financed to undertake what will be our most ambitious drill program to yet, as we advance the Scottie Mine Project towards completing a Feasibility study in the first half of 2027."Table 1: Highlight results from new drill assays (uncut) - Blueberry Contact ZoneDrill Hole
From
(m)To
(m)Width*
(m)Gold
(g/t)Silver
(g/t)Sub ZoneSR25-381
60.0064.404.4042.56.36Roadincluding60.0061.001.00101.015.0Road
246.80259.0012.204.910.82BB Veinincluding246.80248.802.0026.55.00BB VeinSR25-475
193.80204.8011.007.5750.0Fifiincluding194.80195.801.0029.87.00Fifi
212.80213.801.0058.418.0Lemoffe
220.80222.802.005.391.50Lemoffe
232.80233.801.005.653.00Lemoffe
238.80239.801.001.460.00Lemoffe
246.80251.805.002.643.40Lemoffe
255.80257.601.803.26158.0Lemoffe
282.20284.202.003.140.00Lemoffe
291.00297.006.004.200.00LemoffeSR25-476
82.0084.002.001.580.00Road
113.00116.003.0021.20.00Road
180.50181.501.0026.94.00BB Vein
231.90234.002.101.230.00BB Vein
240.00246.006.0024.92.00BB Vein
296.00300.004.006.130.75BB VeinSR25-477
234.00236.002.001.153.00BB VeinSR25-479
71.0084.5013.504.100.96Roadincluding79.0083.504.507.472.89Road
110.00112.002.006.360.00Road
165.50167.502.005.330.00BB VeinSR25-480
241.40242.401.001.943.00Lemoffe
256.00257.001.002.239.00Lemoffe
263.00271.058.053.491.51Lemoffe
294.00295.051.057.166.00LemoffeSR25-481
9.0012.003.001.570.00BB Vein
90.05108.0017.952.071.10Fifiincluding90.0592.052.008.492.50Fifi
223.25228.305.051.483.62Fifi
245.00251.006.002.386.33Lemoffe
273.50279.005.501.032.18Lemoffe
283.00284.001.002.322.00LemoffeSR25-482
60.0760.370.301.4238.0Fifi
72.0080.008.008.054.82Fifiincluding74.0076.002.0023.59.50Fifi
163.11168.505.397.575.19Lemoffeincluding164.50167.503.0011.56.00LemoffeSR25-483
108.20109.251.054.690.00Fifi
134.80140.355.5512.56.82Fifiincluding134.80137.002.2023.725.0Fifi
251.00254.153.151.955.00Fifi
260.25301.0040.7514.45.90Lemoffeincluding287.75299.0011.2511.28.84Lemoffeand
including260.25271.4011.1539.739.7Lemoffeincluding260.25265.255.0077.226.2Lemoffeincluding261.25262.251.00265.080.0Lemoffe
318.70319.701.007.9316.0LemoffeSR25-484
183.75192.558.806.7115.5Fifiincluding183.75184.751.0030.810.0Fifi
201.25209.007.754.9310.1Lemoffeincluding208.00209.001.0029.916.0LemoffeSR25-485
48.0049.001.001.090.00BB Vein
112.60119.006.403.121.25Fifi*True width of the intervals has not yet been established by drilling Figure 1: Segmented vertical long section of the Blueberry Contact Zone illustrating the distribution and status of drilled targets from the 2025 season and highlights of reported results thus far, relative to intercepts from previous drilling campaigns.To view an enhanced version of this graphic, please visit:
https://images.newsfilecorp.com/files/11118/285165_8cf0f02d94f66bdb_002full.jpgThis release constitutes the final results from Scottie Resources' 2025 drill campaign; all significant intercepts have now been reported. Figure 2: Overview plan view map of the Blueberry Contact Zone, illustrating the locations of the reported drill results, cross-sections (Figures 3 - 7), and the distribution of the modelled sulphide-rich cross-structures (red).To view an enhanced version of this graphic, please visit:
https://images.newsfilecorp.com/files/11118/285165_8cf0f02d94f66bdb_003full.jpgFigure 3: Cross-section displaying Blueberry Contact Zone intercepts from drill hole SR25-381.To view an enhanced version of this graphic, please visit:
https://images.newsfilecorp.com/files/11118/285165_8cf0f02d94f66bdb_004full.jpgFigure 4: Cross-section displaying Blueberry Contact Zone intercepts from drill holes SR25-475, -481, and -483.To view an enhanced version of this graphic, please visit:
https://images.newsfilecorp.com/files/11118/285165_8cf0f02d94f66bdb_005full.jpgFigure 5: Cross-section displaying Blueberry Contact Zone intercepts from drill hole SR25-476.To view an enhanced version of this graphic, please visit:
https://images.newsfilecorp.com/files/11118/285165_8cf0f02d94f66bdb_006full.jpgFigure 6: Cross-section displaying Blueberry Contact Zone intercepts from drill hole SR25-479.To view an enhanced version of this graphic, please visit:
https://images.newsfilecorp.com/files/11118/285165_8cf0f02d94f66bdb_007full.jpgFigure 7: Cross-section displaying Blueberry Contact Zone intercepts from drill hole SR25-482 and -484.To view an enhanced version of this graphic, please visit:
https://images.newsfilecorp.com/files/11118/285165_8cf0f02d94f66bdb_008full.jpgAbout the Scottie Gold Mine ProjectOver the past six years, exploration at the Scottie Gold Mine Project has delivered outstanding results, including the discovery of four new high-grade zones — Blueberry Contact Zone, Domino, D-Zone, and P-Zone — and the expansion of multiple historic deposits. A clear spatial relationship between mineralization and the Jurassic-aged Texas Creek Plutonic Suite has emerged, providing a strong geological framework for continued targeting and reinforcing the view that these zones form part of a larger, interconnected gold system.The Blueberry Contact Zone, located 2 km northeast of the 100%-owned, past-producing Scottie Gold Mine in BC's Golden Triangle, has evolved from a high-grade vein showing into a cornerstone development asset. Drilling has defined a north-south mineralized corridor exceeding 1,550 metres in strike length and 525 metres in depth, characterized by sulphide-rich, high-grade gold veins. Blueberry benefits from excellent infrastructure, located along the Granduc Road and within trucking distance of established processing facilities.The Company's recently completed PEA outlines a low-capital DSO operation producing a gold-rich gravel product for direct shipment to Asian smelters. At US$2,600/oz gold, the DSO scenario generates an after-tax NPV(5%) of $215.8M CAD and a 60.3% IRR, with initial capital cost of $128.6M CAD. The PEA also evaluates a toll milling option through the nearby Premier Mill which further enhances returns, generating an after-tax NPV(5%) of $380.1M CAD and an 89.9% IRR.Importantly, Scottie's 2025 bulk sample demonstrated the project's ability to advance rapidly, progressing from permitting through mining, shipment, and sale in under a year and generating approximately $9M in revenue. This execution reinforces confidence in the simplicity, scalability, and efficiency of the DSO development model.Quality Assurance and ControlResults from samples taken during the 2025 field season were analyzed at SGS Minerals in Burnaby, BC. The sampling program was undertaken under the direction of Dr. Thomas Mumford. The majority of drill core was NQ in diameter, with select holes of HQ size primarily taken for geomechanical purposes. Prior to sampling drill core was cut in half lengthwise, with half sent for assay and the remaining half kept in Stewart, BC. Standards, blanks, and duplicate samples were taken at intervals and frequencies that meet or exceed industry best practices. 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 (+9 g/t gold). Analysis by four acid digestion with multi-element ICP-AES analysis was conducted on all samples with silver and base metal over-limits being re-analyzed by emission spectrometry.Dr. Thomas Mumford, P.Geo., non-independent President of the Company, a qualified person under National Instrument 43-101, has reviewed and approved the technical information contained in this news release on behalf of the Company.ABOUT SCOTTIE RESOURCES CORP.Scottie Resources holds 100% interest in the Scottie Gold Mine Property, which includes the high-grade, past-producing Scottie Gold Mine and the adjacent Blueberry Contact Zone. The Company also owns a 100% interest in the Georgia Project, host to the past-producing Georgia River Mine, as well as the Cambria, Sulu, and Tide North properties. In total, Scottie controls approximately 58,500 hectares of highly prospective mineral claims within the Stewart Mining Camp in British Columbia's Golden Triangle-one of the world's most prolific mineralized districts.Scottie's current resource estimate on the Scottie Gold Mine Project includes a total of 703,000 gold ounces at an average grade of 6.1 g/t (Inferred category) in 3.6 million tonnes, highlighting the development potential for a significant near-surface, high-grade deposit. The Company's exploration strategy is to continue expanding this resource and to define additional mineralization around past-producing mines through systematic drilling and surface exploration.The Company has recently completed a PEA for the Scottie Gold Mine. The PEA outlines a robust Direct-Ship Ore (DSO) development scenario with strong economics and significant upside through a potential toll-milling option utilizing excess capacity at the nearby Premier mill. The base case DSO project delivers an after-tax NPV(5%) of $215.8-$668.3 million at gold prices of US$2,600-$4,200/oz, respectively. Under the toll-milling scenario, project economics improve substantially, with an after-tax NPV(5%) of $380.1-$831.7 million (no agreement currently in place). The PEA estimates initial capital costs of $128.6 million, average annual production of ~65,400 oz gold over seven years, and a payback period of 1.7 years for the after-tax DSO case-reduced to just 0.9 years under the toll-milling opportunity at US$2,600/oz.Additional InformationBrad Rourke
CEO
+1 250 877 9902
brad@scottieresources.com Forward-Looking Statements
This news release may contain forward-looking statements. Forward-looking statements are statements that are not historical facts and are generally, but not always, identified by the words "expects", "plans", "anticipates", "believes", "intends", "estimates", "projects", "potential" and similar expressions, or that events or conditions "will", "would", "may", "could" or "should" occur. Although the Company believes the expectations expressed in such forward-looking statements are based on reasonable assumptions, such statements are not guarantees of future performance and actual results may differ materially from those in forward-looking statements. Forward-looking statements are based on the beliefs, estimates and opinions of the Company's management on the date such statements were made. The Company expressly disclaims any intention or obligation to update or revise any forward-looking statements whether as a result of new information, future events or otherwise.Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of TSX Venture Exchange) accepts responsibility for the adequacy of accuracy of this release.To view the source version of this press release, please visit https://www.newsfilecorp.com/release/285165
Original: Scottie Reports Broad and High-Grade Gold at the Blueberry Contact Zone 14.4 g/t Gold over 40.75 Metres and 42.5 g/t Gold over 4.40 Metres
CA Market News
4月前
Scottie Resources Demonstrates More High-Grade Continuity at Blueberry Contact Zone Including 141 g/t Gold over 4.55 Metres and 54.6 g/t Gold over 7.05 MetresFebruary 17, 2026 7:30 AM
NewsfileVancouver, British Columbia--(Newsfile Corp. - February 17, 2026) - Scottie Resources Corp. (TSXV: SCOT) (OTCQB: SCTSF) (FSE: SR80) ("Scottie" or the "Company") is pleased to report new assays from its 2025 drilling of various zones within the Blueberry Contact Zone, at the Scottie Gold Mine Project ("Scottie Gold Mine" or the "Project"). The road-accessible Project is located 35 kilometres north of Stewart, BC, and is the subject of a newly released Preliminary Economic Assessment ("PEA") entitled Scottie Gold Mine Project (Bird et al., October 28, 2025, Scottie Gold Mine Project, SEDAR+).Over the past six years, exploration at the Scottie Gold Mine Project has delivered strong results, marked by the discovery of four new high-grade zones - Blueberry Contact Zone, Domino, D-Zone, and P-Zone - and the successful expansion of several historically drilled targets including the Scottie Gold Mine, C-Zone, Bend Vein, and Stockwork.The Blueberry Contact Zone, located just 2 km northeast of the Company's 100%-owned, past-producing Scottie Gold Mine in BC's prolific Golden Triangle, has rapidly evolved from a lightly drilled high-grade vein into a cornerstone growth asset. In the recently released PEA, mining is envisioned to commence with a shallow open pit at Blueberry, followed by underground production from both Blueberry and the historic Scottie Gold Mine.Infill and expansion drilling completed in 2025 has further demonstrated the impressive grade profile and strong continuity at Blueberry, reinforcing its importance to the development strategy and highlighting potential to enhance the Project's already robust economics."The Blueberry Contact Zone continues to exceed our expectations," said Brad Rourke, CEO of Scottie Resources. "Consistent high-grade intercepts and expanding continuity support our view that Blueberry represents a significant value driver within the broader Scottie Gold Mine Project. As we continue to infill and expand the zone, we see meaningful opportunity to enhance scale and unlock additional shareholder value."Table 1: Highlight results from new drill assays (uncut) - Blueberry Contact ZoneDrill Hole
From (m)To (m)Width* (m)Gold (g/t)Silver (g/t)Sub ZoneSR25-463
165.00168.003.003.090.67BB Vein
293.00294.001.004.502.00FifiSR25-464
5.308.002.7025.015.6Fifi
27.0029.002.0026.511.5Fifi
52.5058.405.9019.943.3Fifiincluding53.9055.401.5063.8117.0Fifi
75.5076.501.001.947.00FifiSR25-465
10.2011.501.301.050.00BB Vein
36.0045.009.002.980.47BB Veinincluding36.0039.403.405.901.24BB Vein
205.85206.851.005.442.00Fifi
211.25213.352.101.460.00Fifi
219.80233.9014.102.2552.5Fifiincluding219.80220.801.007.2212.0Fifiand including230.60233.903.306.0910.2Fifi
260.00261.701.701.327.00Fifi
319.97320.400.4361.09.00LemoffeSR25-466
6.158.152.004.3412.5Fifi
22.8032.009.204.266.46Fifi
43.0047.004.001.252.00Fifi
59.0060.001.001.195.00FifiSR25-467
125.00126.001.001.023.00BB Vein
128.00129.001.005.002.00BB Vein
138.00139.001.001.030.00BB Vein
156.00157.001.001.715.00BB Vein
273.50275.502.005.371.50FifiSR25-469
44.6546.652.007.129.50Fifi
55.5058.503.004.716.67Fifi
79.5586.557.0016.1107.0Fifiincluding79.5580.551.00104.035.0Fifi
93.6594.651.001.1364.0Fifi
110.00111.001.004.1416.0Fifi
117.00118.001.004.7720.0Fifi
129.00130.001.003.202.00Lemoffe
138.00139.001.001.513.00LemoffeSR25-470
197.00201.554.55141.228.5Fifiincluding199.55201.552.00293.058.0Fifi
230.00231.551.551.075.00Lemoffe
285.00286.001.0011.18.00LemoffeSR25-471
29.3532.553.202.4610.7Fifi
60.0061.201.201.022.00FifiSR25-472
67.0068.001.004.454.00Fifi
142.50144.301.802.379.00LemoffeSR25-473
171.70178.757.0554.64.14BB Veinincluding175.75177.752.00159.98.00BB Veinincluding176.75177.751.00240.09.00BB Vein
329.25330.751.502.283.00Fifi*True width of the intervals has not yet been established by drilling Figure 1: Segmented vertical long section of the Blueberry Contact Zone illustrating the distribution and status of drilled targets from the 2025 season and highlights of reported results thus far, relative to intercepts from previous drilling campaigns.To view an enhanced version of this graphic, please visit:
https://images.newsfilecorp.com/files/11118/284057_654e66cc248dbbdc_002full.jpgFigure 2: Overview plan view map of the Blueberry Contact Zone, illustrating the locations of the reported drill results, cross-sections (Figures 3 - 5), and the distribution of the modelled sulphide-rich cross-structures (red).To view an enhanced version of this graphic, please visit:
https://images.newsfilecorp.com/files/11118/284057_654e66cc248dbbdc_003full.jpgFigure 3: Cross-section displaying Scottie Gold Mine intercepts from drill holes SR25-463, -465 (partial, see Fig 5 for bottom portion of hole), -467, and -473.To view an enhanced version of this graphic, please visit:
https://images.newsfilecorp.com/files/11118/284057_654e66cc248dbbdc_004full.jpgFigure 4: Cross-section displaying Scottie Gold Mine intercepts from drill hole SR25-464, -466, -469, and - 471.To view an enhanced version of this graphic, please visit:
https://images.newsfilecorp.com/files/11118/284057_654e66cc248dbbdc_005full.jpgFigure 5: Cross-section displaying Scottie Gold Mine intercepts from drill hole SR25-470 and the lower portion of SR25-465.To view an enhanced version of this graphic, please visit:
https://images.newsfilecorp.com/files/11118/284057_654e66cc248dbbdc_006full.jpgAbout the Scottie Gold Mine ProjectOver the past six years, exploration at the Scottie Gold Mine Project has delivered outstanding results, including the discovery of four new high-grade zones - Blueberry Contact Zone, Domino, D-Zone, and P-Zone - and the expansion of multiple historic deposits. A clear spatial relationship between mineralization and the Jurassic-aged Texas Creek Plutonic Suite has emerged, providing a strong geological framework for continued targeting and reinforcing the view that these zones form part of a larger, interconnected gold system.The Blueberry Contact Zone, located 2 km northeast of the 100%-owned, past-producing Scottie Gold Mine in BC's Golden Triangle, has evolved from a high-grade vein showing into a cornerstone development asset. Drilling has defined a north-south mineralized corridor exceeding 1,550 metres in strike length and 525 metres in depth, characterized by sulphide-rich, high-grade gold veins. Blueberry benefits from excellent infrastructure, located along the Granduc Road and within trucking distance of established processing facilities.The Company's recently completed PEA outlines a low-capital DSO operation producing a gold-rich gravel product for direct shipment to Asian smelters. At US$2,600/oz gold, the DSO scenario generates an after-tax NPV(5%) of $215.8M CAD and a 60.3% IRR, with initial capital cost of $128.6M CAD. The PEA also evaluates a toll milling option through the nearby Premier Mill which further enhances returns, generating an after-tax NPV(5%) of $380.1M CAD and an 89.9% IRR.Importantly, Scottie's 2025 bulk sample demonstrated the project's ability to advance rapidly, progressing from permitting through mining, shipment, and sale in under a year and generating approximately $9M in revenue. This execution reinforces confidence in the simplicity, scalability, and efficiency of the DSO development model.Quality Assurance and ControlResults from samples taken during the 2025 field season were analyzed at SGS Minerals in Burnaby, BC. The sampling program was undertaken under the direction of Dr. Thomas Mumford. The majority of drill core was NQ in diameter, with select holes of HQ size primarily taken for geomechanical purposes. Prior to sampling drill core was cut in half lengthwise, with half sent for assay and the remaining half kept in Stewart, BC. Standards, blanks, and duplicate samples were taken at intervals and frequencies that meet or exceed industry best practices. 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 (+9 g/t gold). Analysis by four acid digestion with multi-element ICP-AES analysis was conducted on all samples with silver and base metal over-limits being re-analyzed by emission spectrometry.Dr. Thomas Mumford, P.Geo., non-independent President of the Company, a qualified person under National Instrument 43-101, has reviewed and approved the technical information contained in this news release on behalf of the Company.ABOUT SCOTTIE RESOURCES CORP.Scottie Resources holds 100% interest in the Scottie Gold Mine Property, which includes the high-grade, past-producing Scottie Gold Mine and the adjacent Blueberry Contact Zone. The Company also owns a 100% interest in the Georgia Project, host to the past-producing Georgia River Mine, as well as the Cambria, Sulu, and Tide North properties. In total, Scottie controls approximately 58,500 hectares of highly prospective mineral claims within the Stewart Mining Camp in British Columbia's Golden Triangle-one of the world's most prolific mineralized districts.Scottie's current resource estimate on the Scottie Gold Mine Project includes a total of 703,000 gold ounces at an average grade of 6.1 g/t (Inferred category) in 3.6 million tonnes, highlighting the development potential for a significant near-surface, high-grade deposit. The Company's exploration strategy is to continue expanding this resource and to define additional mineralization around past-producing mines through systematic drilling and surface exploration.The Company has recently completed a PEA for the Scottie Gold Mine. The PEA outlines a robust Direct-Ship Ore (DSO) development scenario with strong economics and significant upside through a potential toll-milling option utilizing excess capacity at the nearby Premier mill. The base case DSO project delivers an after-tax NPV(5%) of $215.8-$668.3 million at gold prices of US$2,600-$4,200/oz, respectively. Under the toll-milling scenario, project economics improve substantially, with an after-tax NPV(5%) of $380.1-$831.7 million (no agreement currently in place). The PEA estimates initial capital costs of $128.6 million, average annual production of ~65,400 oz gold over seven years, and a payback period of 1.7 years for the after-tax DSO case-reduced to just 0.9 years under the toll-milling opportunity at US$2,600/oz.Additional InformationBrad Rourke
CEO
+1 250 877 9902
brad@scottieresources.com Forward-Looking StatementsThis news release may contain forward-looking statements. Forward-looking statements are statements that are not historical facts and are generally, but not always, identified by the words "expects", "plans", "anticipates", "believes", "intends", "estimates", "projects", "potential" and similar expressions, or that events or conditions "will", "would", "may", "could" or "should" occur. Although the Company believes the expectations expressed in such forward-looking statements are based on reasonable assumptions, such statements are not guarantees of future performance and actual results may differ materially from those in forward looking statements. Forward-looking statements are based on the beliefs, estimates and opinions of the Company's management on the date such statements were made. The Company expressly disclaims any intention or obligation to update or revise any forward-looking statements whether as a result of new information, future events or otherwise.Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of TSX Venture Exchange) accepts responsibility for the adequacy of accuracy of this release.To view the source version of this press release, please visit https://www.newsfilecorp.com/release/284057
Original: Scottie Resources Demonstrates More High-Grade Continuity at Blueberry Contact Zone Including 141 g/t Gold over 4.55 Metres and 54.6 g/t Gold over 7.05 Metres
CA Market News
4月前
Scottie Resources Continues to Hit High-Grade Gold at Blueberry Contact Zone Including 30.42 g/t Gold over 5.60 Metres and 9.67 g/t Gold over 8.85 MetresFebruary 10, 2026 7:30 AM
NewsfileVancouver, British Columbia--(Newsfile Corp. - February 10, 2026) - Scottie Resources Corp. (TSXV: SCOT) (OTCQB: SCTSF) (FSE: SR80) ("Scottie" or the "Company") is pleased to report new assays from its 2025 drilling of various zones within the Blueberry Contact Zone, at the Scottie Gold Mine Project ("Scottie Gold Mine" or the "Project"). The road-accessible Project is located 35 kilometres north of Stewart, BC, and is the subject of a newly released Preliminary Economic Assessment ("PEA") entitled Scottie Gold Mine Project (Bird et al., October 28, 2025, Scottie Gold Mine Project, SEDAR+).Scottie continues to deliver strong results from its 2025 drill program at the Blueberry Contact Zone, reinforcing the quality and continuity of high-grade mineralization withing the Scottie Gold Mine Project. The latest assays include multiple high-grade gold intercepts from both the BB Vein and Fifi Vein zones, highlighted by 30.42 g/t gold over 5.60 metres and 9.67 g/t gold over 8.85 metres.These zones represent shallow well-defined areas of mineralization that form an important component of the early underground mine plan outline in the Project's recently release PEA. The results further demonstrate strong grade continuity across wide vein zones, supporting confidence in mine design assumptions and near-term production potential.Ongoing geological modelling and re-interpretation, incorporating the full dataset from the 2025 drilling campaign continues to refine the Company's understanding of the Blueberry Contact Zone. This work is directly informing target generation and drill prioritization for the upcoming field season with a focus on expanding known high-grade zones and testing new conceptual targets emerging from the evolving geological model. "These results continue to validate the strength of the Blueberry Contact Zone, delivering multiple high-grade intercepts from vein zones integral to the early years of our underground mine plan," said Thomas Mumford, President of Scottie Resources. "We're seeing improving continuity across wide, high-grade structures, which is encouraging from both a mining and development perspective. We continue to incorporate last years drilling into our modelling, further augmenting our drill planning for this coming season and providing us confidence in our ability to grow and enhance the value of this system."Table 1: Highlight results from new drill assays (uncut) - Blueberry Contact ZoneDrill Hole
From
(m)To
(m)Width*
(m)Gold
(g/t)Silver
(g/t)Sub ZoneSR25-446
18.2019.251.051.1928.00BB Vein
100.50102.502.003.256.00FifiSR25-447
185.70194.308.602.431.17Fifi
254.90256.301.402.480.00LemoffeSR25-449
158.00161.003.001.120.00Fifi
211.25214.002.755.191.67FifiSR25-450
126.15135.008.859.674.41Fifiincluding129.75133.804.0517.0539.00Fifiincluding131.80133.802.0025.9017.50FifiSR25-451
154.40156.402.006.0917.00Fifi
208.30209.301.001.5016.00LemoffeSR25-452
75.6076.601.002.2720.00Fifi
254.00256.102.1044.317.52Fifi
298.00299.001.002.1014.00LemoffeSR25-453
242.40243.401.001.106.00Lemoffe
245.80246.801.001.193.00LemoffeSR25-455
255.10256.101.002.100.00Fifi
267.75270.753.0024.279.67Fifiincluding267.75268.751.0057.2019.00FifiSR25-458
95.6097.602.001.66114.50BB Vein
102.60105.002.402.420.00BB Vein
161.00163.402.409.627.00BB Vein
186.00189.003.001.470.00BB VeinSR25-459
119.25130.3011.051.741.00BB Veinincluding119.25120.251.009.303.00BB Vein
139.60145.205.6030.4215.41BB VeinSR25-460
237.00255.0018.003.930.00BB Veinincluding252.00255.003.0017.800.00BB Vein
326.55328.852.305.68129.43BB Vein
334.30335.301.001.6710.00BB VeinSR25-462
126.40129.503.103.190.00Fifi *True width of the intervals has not yet been established by drillingFigure 1: Segmented vertical long section of the Blueberry Contact Zone illustrating the distribution and status of drilled targets from the 2025 season and the reported results thus far, relative to intercepts from previous drilling campaigns.To view an enhanced version of this graphic, please visit:
https://images.newsfilecorp.com/files/11118/283342_d24a2fbd64d53a48_002full.jpgFigure 2: Overview plan view map of the Blueberry Contact Zone, illustrating the locations of the reported drill results, cross-sections (Figures 3 - 6), and the distribution of the modelled sulphide-rich cross-structures.To view an enhanced version of this graphic, please visit:
https://images.newsfilecorp.com/files/11118/283342_d24a2fbd64d53a48_003full.jpgFigure 3: Cross-section displaying Scottie Gold Mine intercepts from drill holes SR25-450 and -451.To view an enhanced version of this graphic, please visit:
https://images.newsfilecorp.com/files/11118/283342_d24a2fbd64d53a48_004full.jpgFigure 4: Cross-section displaying Scottie Gold Mine intercepts from drill hole SR25-449 and - 452.To view an enhanced version of this graphic, please visit:
https://images.newsfilecorp.com/files/11118/283342_d24a2fbd64d53a48_005full.jpgFigure 5: Cross-section displaying Scottie Gold Mine intercepts from drill hole SR25-459.To view an enhanced version of this graphic, please visit:
https://images.newsfilecorp.com/files/11118/283342_d24a2fbd64d53a48_006full.jpgFigure 6: Cross-section displaying Scottie Gold Mine intercepts from drill hole SR25-460.To view an enhanced version of this graphic, please visit:
https://images.newsfilecorp.com/files/11118/283342_d24a2fbd64d53a48_007full.jpgAbout the Scottie Gold Mine ProjectOver the past six years, exploration at the Scottie Gold Mine Project has delivered exceptional results — highlighted by the discovery of four new high-grade zones (Blueberry Contact Zone, Domino, D-Zone, and P-Zone) and the expansion of several historically drilled targets (Scottie Gold Mine, C-Zone, Bend Vein, and Stockwork).A clear spatial relationship has emerged between these high-grade zones and the contact with the Jurassic-aged Texas Creek Plutonic Suite, providing a powerful framework for ongoing targeting. Detailed geological, structural, mineralogical, and geochemical studies now point to a shared mineralizing event across the property — linking the deposits into a broader, interconnected system with significant growth potential.The Blueberry Contact Zone, located 2 km northeast of the 100%-owned past producing Scottie Gold Mine in BC's Golden Triangle, has rapidly advanced from a lightly drilled high-grade vein showing into a major growth target. The target was significantly advanced during Scottie's 2019 drill program when an interval was intersected in a new N-S oriented zone adjacent to the main Blueberry Vein. The drill results received from 2020 - 2024, coupled with surficial mapping and sampling suggest that the N-S mineralized trend is a controlling structure that hosts an array of SW-trending, sub-parallel, sulphide-rich veins that obliquely crosscut it which host high-grade gold. As of the end of 2024, the extent of the N-S zone, defined by the contact between andesite and siltstone units of the Hazelton Formation and the presence of the cross-cutting sulfide-rich structures, has a drilled strike length of >1,550 metres and has been tested to >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.The Company has recently completed a PEA which evaluates a low-capital DSO operation to deliver a gold-rich gravel product to Asian copper/precious metals smelters. At a gold price of US$2600/oz the project estimates an after-tax NPV(5%) of $215.8 M CAD with an IRR of 60.3%. By design, the operation will eliminate the need for a gold processing plant and tailings facility, thereby significantly reducing the capital required and resulting in a minimal environmental footprint, resulting in an initial capital cost of $128.6 M CAD. The project envisages a shallow open pit on the Blueberry Zone to start, followed by underground production from both Blueberry and the past-producing Scottie Gold Mine. The PEA also evaluates a toll milling scenario through the nearby Premier Mill, which results in an after-tax NPV(5%) $380.1 M CAD and an IRR 89.9%.Scottie's 2025 Bulk Sample program exemplifies the unique characteristics of this mining project, and its ability to rapidly progress. From permitting to mining, crushing, transporting, shipping and sale of the product, the program was executed in under a year, generating an estimated $9M in new revenue. With this proven pathway, Scottie's has confidence in the simplicity and efficiency of its DSO model.Quality Assurance and ControlResults from samples taken during the 2025 field season were analyzed at SGS Minerals in Burnaby, BC. The sampling program was undertaken under the direction of Dr. Thomas Mumford. The majority of drill core was NQ in diameter, with select holes of HQ size primarily taken for geomechanical purposes. Prior to sampling drill core was cut in half lengthwise, with half sent for assay and the remaining half kept in Stewart, BC. Standards, blanks, and duplicate samples were taken at intervals and frequencies that meet or exceed industry best practices. 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 (+9 g/t gold). Analysis by four acid digestion with multi-element ICP-AES analysis was conducted on all samples with silver and base metal over-limits being re-analyzed by emission spectrometry.Dr. Thomas Mumford, P.Geo., non-independent President of the Company, a qualified person under National Instrument 43-101, has reviewed and approved the technical information contained in this news release on behalf of the Company.ABOUT SCOTTIE RESOURCES CORP.Scottie Resources holds 100% interest in the Scottie Gold Mine Property, which includes the high-grade, past-producing Scottie Gold Mine and the adjacent Blueberry Contact Zone. The Company also owns a 100% interest in the Georgia Project, host to the past-producing Georgia River Mine, as well as the Cambria, Sulu, and Tide North properties. In total, Scottie controls approximately 58,500 hectares of highly prospective mineral claims within the Stewart Mining Camp in British Columbia's Golden Triangle-one of the world's most prolific mineralized districts.Scottie's current resource estimate on the Scottie Gold Mine Project includes a total of 703,000 gold ounces at an average grade of 6.1 g/t (Inferred category) in 3.6 millon tonnes, highlighting the development potential for a significant near-surface, high-grade deposit. The Company's strategy is to continue expanding this resource and to define additional mineralization around past-producing mines through systematic drilling and surface exploration.The Company has recently completed a PEA for the Scottie Gold Mine. The PEA outlines a robust Direct-Ship Ore (DSO) development scenario with strong economics and significant upside through a potential toll-milling option utilizing excess capacity at the nearby Premier mill. The base case DSO project delivers an after-tax NPV(5%) of $215.8-$668.3 million at gold prices of US$2,600-$4,200/oz, respectively. Under the toll-milling scenario, project economics improve substantially, with an after-tax NPV(5%) of $380.1-$831.7 million (no agreement currently in place). The PEA estimates initial capital costs of $128.6 million, average annual production of ~65,400 oz gold over seven years, and a payback period of 1.7 years for the after-tax DSO case-reduced to just 0.9 years under the toll-milling opportunity at US$2,600/oz.Additional InformationBrad Rourke
CEO
+1 250 877 9902
brad@scottieresources.com Forward-Looking Statements
This news release may contain forward-looking statements. Forward-looking statements are statements that are not historical facts and are generally, but not always, identified by the words "expects", "plans", "anticipates", "believes", "intends", "estimates", "projects", "potential" and similar expressions, or that events or conditions "will", "would", "may", "could" or "should" occur. Although the Company believes the expectations expressed in such forward-looking statements are based on reasonable assumptions, such statements are not guarantees of future performance and actual results may differ materially from those in forward-looking statements. Forward-looking statements are based on the beliefs, estimates and opinions of the Company's management on the date such statements were made. The Company expressly disclaims any intention or obligation to update or revise any forward-looking statements whether as a result of new information, future events or otherwise.Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of TSX Venture Exchange) accepts responsibility for the adequacy of accuracy of this release.To view the source version of this press release, please visit https://www.newsfilecorp.com/release/283342
Original: Scottie Resources Continues to Hit High-Grade Gold at Blueberry Contact Zone Including 30.42 g/t Gold over 5.60 Metres and 9.67 g/t Gold over 8.85 Metres
CA Market News
4月前
Scottie Resources Hits More Multiple High-Grade Gold Intercepts at Blueberry Contact Zone Including 15.8 g/t Gold over 12.00 Metres and 10.4 g/t Gold over 8.95 MetresFebruary 3, 2026 7:30 AM
NewsfileVancouver, British Columbia--(Newsfile Corp. - February 3, 2026) - Scottie Resources Corp. (TSXV: SCOT) (OTCQB: SCTSF) (FSE: SR80) ("Scottie" or the "Company") is pleased to report new assays from its 2025 drilling of various zones within the Blueberry Contact Zone, at the Scottie Gold Mine Project ("Scottie Gold Mine" or the "Project"). The road-accessible Project is located 35 kilometres north of Stewart, BC, and is the subject of a newly released Preliminary Economic Assessment ("PEA") entitled Scottie Gold Mine Project (Bird et al., October 28, 2025, Scottie Gold Mine Project, SEDAR+).The Company's 2025 drill program continues to deliver multiple high-grade results at the Blueberry Contact Zone, reinforcing both the strength and continuity of mineralization within the Project. These latest assays support Scottie's growing confidence in the predictability of the system as drilling density increases across key vein corridors, a critical factor for enhancing geological confidence and supporting future mine planning and development scenarios.Importantly, the 2025 program is not only confirming high-grade continuity within areas contemplated by the recently released PEA but is also successfully expanding mineralization beyond the boundaries of the current conceptual open pit. Step-out drilling and testing of new target areas continue to identify additional high-grade zones, demonstrating the broader scale and exploration upside of the Blueberry Contact system and highlighting Scottie's ability to generate meaningful new discoveries alongside resource conversion and infill drilling."The 2025 drill program continues to deliver exactly what we want to see; multiple high-grade intercepts with excellent continuity at Blueberry," stated Brad Rourke, CEO. "These results demonstrate the strength and predictability of the mineralized system and continue to support the geological confidence needed to de-risk the Project. At the same time, step out drilling is generating new discoveries outside of the current open pit, reinforcing the significant growth potential exists at Scottie."Table 1: Highlight results from new drill assays (uncut) - Blueberry Contact ZoneDrill Hole
From
(m)To
(m)Width*
(m)Gold
(g/t)Silver
(g/t)Sub ZoneSR25-432
34.1536.152.001.831.50RoadSR25-433
160.00161.001.0053.26.00LemoffeSR25-433
177.30178.501.2027.824.0LemoffeSR25-433
213.40214.451.052.246.00LemoffeSR25-435
66.0068.002.0026.20.00RoadSR25-435
78.5080.502.0034.82.00RoadSR25-435
114.00116.002.007.172.00BB VeinSR25-436
11.0012.001.001.085.00LemoffeSR25-436
79.0083.004.001.752.50LemoffeSR25-437
65.8067.301.504.644.00FifiSR25-437
79.3081.251.951.344.41FifiSR25-438
96.8597.851.001.766.00LemoffeSR25-438
105.30106.501.208.708.00LemoffeSR25-440
19.0020.001.001.77140.0BB Vein?SR25-441
164.00174.0010.002.032.00LemoffeSR25-441including167.00169.002.005.896.00LemoffeSR25-441
221.00222.001.002.7416.0LemoffeSR25-442
7.1510.002.856.283.00FifiSR25-442
58.0059.001.001.142.00LemoffeSR25-442
65.2566.451.208.378.00LemoffeSR25-443
73.1574.151.001.0138.0LemoffeSR25-444
170.90174.904.0016.66.75LemoffeSR25-444including171.90173.902.0029.37.50LemoffeSR25-444
181.00182.001.003.773.00LemoffeSR25-448
98.45107.408.9510.47.69FifiSR25-448including104.10107.403.3021.317.1FifiSR25-448including106.35107.401.0546.527.0FifiSR25-448
145.70147.401.701.520.00LemoffeSR25-448
178.65179.801.157.058.00LemoffeSR25-457
44.0056.0012.0015.85.20RoadSR25-457
44.0049.005.0036.65.20Road*True width of the intervals has not yet been established by drilling Figure 1: Segmented vertical long section of the Blueberry Contact Zone illustrating the distribution and status of drilled targets from the 2025 season and the reported results thus far, relative to intercepts from previous drilling campaigns.To view an enhanced version of this graphic, please visit:
https://images.newsfilecorp.com/files/11118/282477_e3408fb8140f1980_002full.jpgFigure 2: Overview plan view map of the Blueberry Contact Zone, illustrating the locations of the reported drill results, cross-sections (Figures 3,4,5), and the distribution of the modelled sulphide-rich cross-structures.To view an enhanced version of this graphic, please visit:
https://images.newsfilecorp.com/files/11118/282477_e3408fb8140f1980_003full.jpgFigure 3: Cross-section displaying Scottie Gold Mine intercepts from drill holes SR25-433, - 441, -444, and -448.To view an enhanced version of this graphic, please visit:
https://images.newsfilecorp.com/files/11118/282477_e3408fb8140f1980_004full.jpgFigure 4: Cross-section displaying Scottie Gold Mine intercepts from drill hole SR25-435.To view an enhanced version of this graphic, please visit:
https://images.newsfilecorp.com/files/11118/282477_e3408fb8140f1980_005full.jpgFigure 5: Cross-section displaying Scottie Gold Mine intercepts from drill hole SR25-457.To view an enhanced version of this graphic, please visit:
https://images.newsfilecorp.com/files/11118/282477_e3408fb8140f1980_006full.jpgAbout the Scottie Gold Mine ProjectOver the past six years, exploration at the Scottie Gold Mine Project has delivered exceptional results, highlighted by the discovery of four new high-grade zones (Blueberry Contact Zone, Domino, D-Zone, and P-Zone) and the expansion of several historically drilled targets (Scottie Gold Mine, C-Zone, Bend Vein, and Stockwork).A clear spatial relationship has emerged between these high-grade zones and the contact with the Jurassic-aged Texas Creek Plutonic Suite, providing a powerful framework for ongoing targeting. Detailed geological, structural, mineralogical, and geochemical studies now point to a shared mineralizing event across the property - linking the deposits into a broader, interconnected system with significant growth potential.The Blueberry Contact Zone, located 2 km northeast of the 100%-owned past producing Scottie Gold Mine in BC's Golden Triangle, has rapidly advanced from a lightly drilled high-grade vein showing into a major growth target. The target was significantly advanced during Scottie's 2019 drill program when an interval was intersected in a new N-S oriented zone adjacent to the main Blueberry Vein. The drill results received from 2020 - 2024, coupled with surficial mapping and sampling suggest that the N-S mineralized trend is a controlling structure that hosts an array of SW-trending, sub-parallel, sulphide-rich veins that obliquely crosscut it which host high-grade gold. As of the end of 2024, the extent of the N-S zone, defined by the contact between andesite and siltstone units of the Hazelton Formation and the presence of the cross-cutting sulfide-rich structures, has a drilled strike length of >1,550 metres and has been tested to >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.The Company has recently completed a PEA which evaluates a low-capital DSO operation to deliver a gold-rich gravel product to Asian copper/precious metals smelters. At a gold price of US$2600/oz the project estimates an after-tax NPV(5%) of $215.8 M CAD with an IRR of 60.3%. By design, the operation will eliminate the need for a gold processing plant and tailings facility, thereby significantly reducing the capital required and resulting in a minimal environmental footprint, resulting in an initial capital cost of $128.6 M CAD. The project envisages a shallow open pit on the Blueberry Zone to start, followed by underground production from both Blueberry and the past-producing Scottie Gold Mine. The PEA also evaluates a toll milling scenario through the nearby Premier Mill, which results in an after-tax NPV(5%) $380.1 M CAD and an IRR 89.9%.Scottie's 2025 Bulk Sample program exemplifies the unique characteristics of this mining project, and its ability to rapidly progress. From permitting to mining, crushing, transporting, shipping and sale of the product, the program was executed in under a year, generating an estimated $9M in new revenue. With this proven pathway, Scottie's has confidence in the simplicity and efficiency of its DSO model.Quality Assurance and ControlResults from samples taken during the 2025 field season were analyzed at SGS Minerals in Burnaby, BC. The sampling program was undertaken under the direction of Dr. Thomas Mumford. The majority of drill core was NQ in diameter, with select holes of HQ size primarily taken for geomechanical purposes. Prior to sampling drill core was cut in half lengthwise, with half sent for assay and the remaining half kept in Stewart, BC. Standards, blanks, and duplicate samples were taken at intervals and frequencies that meet or exceed industry best practices. 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 (+9 g/t gold). Analysis by four acid digestion with multi-element ICP-AES analysis was conducted on all samples with silver and base metal over-limits being re-analyzed by emission spectrometry.Dr. Thomas Mumford, P.Geo., non-independent President of the Company, a qualified person under National Instrument 43-101, has reviewed and approved the technical information contained in this news release on behalf of the Company.ABOUT SCOTTIE RESOURCES CORP.Scottie Resources holds 100% interest in the Scottie Gold Mine Property, which includes the high-grade, past-producing Scottie Gold Mine and the adjacent Blueberry Contact Zone. The Company also owns a 100% interest in the Georgia Project, host to the past-producing Georgia River Mine, as well as the Cambria, Sulu, and Tide North properties. In total, Scottie controls approximately 58,500 hectares of highly prospective mineral claims within the Stewart Mining Camp in British Columbia's Golden Triangle-one of the world's most prolific mineralized districts.Scottie's current resource estimate on the Scottie Gold Mine Project includes a total of 703,000 gold ounces at an average grade of 6.1 g/t (Inferred category) in 3.6 million tonnes, highlighting the development potential for a significant near-surface, high-grade deposit. The Company's strategy is to continue expanding this resource and to define additional mineralization around past-producing mines through systematic drilling and surface exploration.The Company has recently completed a PEA for the Scottie Gold Mine. The PEA outlines a robust Direct-Ship Ore (DSO) development scenario with strong economics and significant upside through a potential toll-milling option utilizing excess capacity at the nearby Premier mill. The base case DSO project delivers an after-tax NPV(5%) of $215.8-$668.3 million at gold prices of US$2,600-$4,200/oz, respectively. Under the toll-milling scenario, project economics improve substantially, with an after-tax NPV(5%) of $380.1-$831.7 million (no agreement currently in place). The PEA estimates initial capital costs of $128.6 million, average annual production of ~65,400 oz gold over seven years, and a payback period of 1.7 years for the after-tax DSO case-reduced to just 0.9 years under the toll-milling opportunity at US$2,600/oz.Additional InformationBrad Rourke
CEO
+1 250 877 9902
brad@scottieresources.com Forward-Looking Statements
This news release may contain forward-looking statements. Forward-looking statements are statements that are not historical facts and are generally, but not always, identified by the words "expects", "plans", "anticipates", "believes", "intends", "estimates", "projects", "potential" and similar expressions, or that events or conditions "will", "would", "may", "could" or "should" occur. Although the Company believes the expectations expressed in such forward-looking statements are based on reasonable assumptions, such statements are not guarantees of future performance and actual results may differ materially from those in forward looking statements. Forward-looking statements are based on the beliefs, estimates and opinions of the Company's management on the date such statements were made. The Company expressly disclaims any intention or obligation to update or revise any forward-looking statements whether as a result of new information, future events or otherwise.Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of TSX Venture Exchange) accepts responsibility for the adequacy of accuracy of this release.To view the source version of this press release, please visit https://www.newsfilecorp.com/release/282477
Original: Scottie Resources Hits More Multiple High-Grade Gold Intercepts at Blueberry Contact Zone Including 15.8 g/t Gold over 12.00 Metres and 10.4 g/t Gold over 8.95 Metres
CA Market News
5月前
Scottie Resources Hits Multiple High-Grade Gold Intercepts at Blueberry Contact Zone Including 34.3 g/t Gold over 3.30 Metres and 9.97 g/t Gold over 9.70 MetresJanuary 28, 2026 12:30 PM
NewsfileVancouver, British Columbia--(Newsfile Corp. - January 28, 2026) - Scottie Resources Corp. (TSXV: SCOT) (OTCQB: SCTSF) (FSE: SR80) ("Scottie" or the "Company") is pleased to report new assays from its 2025 drilling of various zones within the Blueberry Contact Zone, at the Scottie Gold Mine Project ("Scottie Gold Mine" or the "Project"). The road-accessible Project is located 35 kilometres north of Stewart, BC, and is the subject of a newly released Preliminary Economic Assessment ("PEA") entitled Scottie Gold Mine Project (Bird et al., October 28, 2025, Scottie Gold Mine Project, SEDAR+).2025 drilling continues to deliver excellent results at the Project. Hole SR25-420 intersected 34.3 grams per tonne "g/t" gold over 3.30 metres, including a high-grade interval of 90.8 g/t gold over 1.0 metres within the Lemoffe vein zone. Hole SR25-424 intersected 9.97 g/t gold over 9.70 metres, including 21.1 g/t gold over 2.45 metres. Of the 27,000 metres drilled in 2025, only ~16,000 metres have been reported to date. "These results reinforce the strength and continuity of high-grade gold mineralization at Blueberry," stated Dr. Thomas Mumford, President. "With 27,000 meters drilled in 2025 we are well positioned to continue expanding this high-grade predictable system. Hole SR25-424 is a great example of the efficiency of our targeting at Blueberry, delivering multiple strong intercepts from separate vein zones. Fully funded for 2026, we look forward to continuing to define additional mineralization."Highlights:Multiple high-grade intercepts from multiple vein zones within individual drill holesNear surface high-grade mineralization, including 6.44 g/t gold over 14 metres (starting at a drill core length of 35 m; Figs. 1,2,5)Results de-risk and strengthen the recently released PEA by improving confidence in mine planning and future development scenariosStrong grades reported across all major Blueberry Contact vein zones reinforce confidence in a robust, predicable mineralized systemTable 1: Highlight results from new drill assays (uncut) - Blueberry Contact ZoneDrill Hole
From (m)To (m)Width* (m)Gold (g/t)Silver (g/t)Sub ZoneSR25-418
89.0090.001.0013.33.00Road
101.25104.002.759.751.09RoadSR25-420
214.15216.202.051.310.00Lemoffe
282.10285.403.3034.33.00Lemoffeincluding284.35285.401.0590.83.00LemoffeSR25-421
158.75159.751.001.900.00Road
277.00286.009.004.520.00BB VeinSR25-422
193.45196.002.5529.012.4Lemoffe
208.75209.751.002.410.00Lemoffe
211.75212.751.004.053.00Lemoffe
248.00259.0011.006.0666.5Lemoffeincluding254.50256.752.2519.710.00LemoffeSR25-423
209.55210.551.002.170.00Lemoffe
216.60217.651.051.072.00Lemoffe
237.35238.351.00100.036.0LemoffeSR25-424
35.0049.0014.006.440.43Roadincluding43.0047.004.0016.81.00Roadincluding46.0047.001.0047.14.00Road
77.3080.503.204.512.95Road
94.4595.451.0042.412.0Road
131.15134.153.001.820.00BB Vein
164.00167.003.001.630.00BB Vein
203.15212.859.709.975.75BB Veinincluding208.35212.854.5015.26.62BB Veinincluding210.40212.852.4521.19.22BB Vein
356.50358.502.002.011.00LemoffeSR25-426
8.0027.5019.501.113.69FiFiincluding8.009.001.006.8664.0FiFi
88.0089.001.004.292.00Lemoffe
110.75111.751.003.884.00LemoffeSR25-428
21.0022.001.001.133.00FiFi
100.40101.401.0050.80.00Lemoffe
123.20126.603.402.941.47Lemoffe
131.00132.001.006.650.00LemoffeSR25-429
10.0017.057.054.962.30FiFiincluding10.0011.051.058.585.00FiFiand including16.0517.051.0025.35.00FiFi
61.2063.852.6513.439.0Lemoffe
75.1076.651.553.474.00Lemoffe
81.4584.002.552.042.41LemoffeSR25-431
71.0073.002.0012.56.00Lemoffe
79.9080.901.001.008.00Lemoffe
100.75107.907.157.869.51Lemoffeincluding104.85105.851.0030.943.0Lemoffe*True width of the intervals has not yet been established by drilling Figure 1: Segmented vertical long section of the Blueberry Contact Zone illustrating the distribution and status of drilled targets from the 2025 season and the reported results thus far, relative to intercepts from previous drilling campaigns.To view an enhanced version of this graphic, please visit:
https://images.newsfilecorp.com/files/11118/281917_855263c1c4796a0e_002full.jpgFigure 2: Overview plan view map of the Blueberry Contact Zone, illustrating the locations of the reported drill results, cross-sections (Figures 3,4,5,6), and the distribution of the modelled sulphide-rich cross-structures.To view an enhanced version of this graphic, please visit:
https://images.newsfilecorp.com/files/11118/281917_855263c1c4796a0e_003full.jpgFigure 3: Cross-section displaying Scottie Gold Mine intercepts from drill holes SR25-420, and -422.To view an enhanced version of this graphic, please visit:
https://images.newsfilecorp.com/files/11118/281917_855263c1c4796a0e_004full.jpgFigure 4: Cross-section displaying Scottie Gold Mine intercepts from drill hole SR25-421.To view an enhanced version of this graphic, please visit:
https://images.newsfilecorp.com/files/11118/281917_855263c1c4796a0e_005full.jpgFigure 5: Cross-section displaying Scottie Gold Mine intercepts from drill hole SR25-424.To view an enhanced version of this graphic, please visit:
https://images.newsfilecorp.com/files/11118/281917_855263c1c4796a0e_006full.jpgFigure 6: Cross-section displaying Scottie Gold Mine intercepts from drill holes SR25-428, - 429, -431.To view an enhanced version of this graphic, please visit:
https://images.newsfilecorp.com/files/11118/281917_855263c1c4796a0e_007full.jpgAbout the Scottie Gold Mine ProjectOver the past six years, exploration at the Scottie Gold Mine Project has delivered exceptional results - highlighted by the discovery of four new high-grade zones (Blueberry Contact Zone, Domino, D-Zone, and P-Zone) and the expansion of several historically drilled targets (Scottie Gold Mine, C-Zone, Bend Vein, and Stockwork).A clear spatial relationship has emerged between these high-grade zones and the contact with the Jurassic-aged Texas Creek Plutonic Suite, providing a powerful framework for ongoing targeting. Detailed geological, structural, mineralogical, and geochemical studies now point to a shared mineralizing event across the property - linking the deposits into a broader, interconnected system with significant growth potential.The Blueberry Contact Zone, located 2 km northeast of the 100%-owned past producing Scottie Gold Mine in BC's Golden Triangle, has rapidly advanced from a lightly drilled high-grade vein showing into a major growth target. The target was significantly advanced during Scottie's 2019 drill program when an interval was intersected in a new N-S oriented zone adjacent to the main Blueberry Vein. The drill results received from 2020 - 2024, coupled with surficial mapping and sampling suggest that the N-S mineralized trend is a controlling structure that hosts an array of SW-trending, sub-parallel, sulphide-rich veins that obliquely crosscut it which host high-grade gold. As of the end of 2024, the extent of the N-S zone, defined by the contact between andesite and siltstone units of the Hazelton Formation and the presence of the cross-cutting sulfide-rich structures, has a drilled strike length of >1,550 metres and has been tested to >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.The Company has recently completed a PEA which evaluates a low-capital DSO operation to deliver a gold-rich gravel product to Asian copper/precious metals smelters. At a gold price of US$2600/oz the project estimates an after-tax NPV(5%) of $215.8 M CAD with an IRR of 60.3%. By design, the operation will eliminate the need for a gold processing plant and tailings facility, thereby significantly reducing the capital required and resulting in a minimal environmental footprint, resulting in an initial capital cost of $128.6 M CAD. The project envisages a shallow open pit on the Blueberry Zone to start, followed by underground production from both Blueberry and the past-producing Scottie Gold Mine. The PEA also evaluates a toll milling scenario through the nearby Premier Mill, which results in an after-tax NPV(5%) $380.1 M CAD and an IRR 89.9%.Scottie's 2025 Bulk Sample program exemplifies the unique characteristics of this mining project, and its ability to rapidly progress. From permitting to mining, crushing, transporting, shipping and sale of the product, the program was executed in under a year, generating an estimated $9M in new revenue. With this proven pathway, Scottie's has confidence in the simplicity and efficiency of its DSO model.Quality Assurance and ControlResults from samples taken during the 2025 field season were analyzed at SGS Minerals in Burnaby, BC. The sampling program was undertaken under the direction of Dr. Thomas Mumford. The majority of drill core was NQ in diameter, with select holes of HQ size primarily taken for geomechanical purposes. Prior to sampling drill core was cut in half lengthwise, with half sent for assay and the remaining half kept in Stewart, BC. Standards, blanks, and duplicate samples were taken at intervals and frequencies that meet or exceed industry best practices. 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 (+9 g/t gold). Analysis by four acid digestion with multi-element ICP-AES analysis was conducted on all samples with silver and base metal over-limits being re-analyzed by emission spectrometry.Dr. Thomas Mumford, P.Geo., non-independent President of the Company, a qualified person under National Instrument 43-101, has reviewed and approved the technical information contained in this news release on behalf of the Company.ABOUT SCOTTIE RESOURCES CORP.Scottie Resources holds 100% interest in the Scottie Gold Mine Property, which includes the high-grade, past-producing Scottie Gold Mine and the adjacent Blueberry Contact Zone. The Company also owns a 100% interest in the Georgia Project, host to the past-producing Georgia River Mine, as well as the Cambria, Sulu, and Tide North properties. In total, Scottie controls approximately 58,500 hectares of highly prospective mineral claims within the Stewart Mining Camp in British Columbia's Golden Triangle-one of the world's most prolific mineralized districts.Scottie's current resource estimate on the Scottie Gold Mine Project includes a total of 703,000 gold ounces at an average grade of 6.1 g/t (Inferred category) in 3.6 millon tonnes, highlighting the development potential for a significant near-surface, high-grade deposit. The Company's strategy is to continue expanding this resource and to define additional mineralization around past-producing mines through systematic drilling and surface exploration.The Company has recently completed a PEA for the Scottie Gold Mine. The PEA outlines a robust Direct-Ship Ore (DSO) development scenario with strong economics and significant upside through a potential toll-milling option utilizing excess capacity at the nearby Premier mill. The base case DSO project delivers an after-tax NPV(5%) of $215.8-$668.3 million at gold prices of US$2,600-$4,200/oz, respectively. Under the toll-milling scenario, project economics improve substantially, with an after-tax NPV(5%) of $380.1-$831.7 million (no agreement currently in place). The PEA estimates initial capital costs of $128.6 million, average annual production of ~65,400 oz gold over seven years, and a payback period of 1.7 years for the after-tax DSO case-reduced to just 0.9 years under the toll-milling opportunity at US$2,600/oz.Additional InformationBrad Rourke
CEO
+1 250 877 9902
brad@scottieresources.com Forward-Looking StatementsThis news release may contain forward-looking statements. Forward looking statements are statements that are not historical facts and are generally, but not always, identified by the words "expects", "plans", "anticipates", "believes", "intends", "estimates", "projects", "potential" and similar expressions, or that events or conditions "will", "would", "may", "could" or "should" occur. Although the Company believes the expectations expressed in such forward-looking statements are based on reasonable assumptions, such statements are not guarantees of future performance and actual results may differ materially from those in forward looking statements. Forward-looking statements are based on the beliefs, estimates and opinions of the Company's management on the date such statements were made. The Company expressly disclaims any intention or obligation to update or revise any forward-looking statements whether as a result of new information, future events or otherwise.Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of TSX Venture Exchange) accepts responsibility for the adequacy of accuracy of this release.To view the source version of this press release, please visit https://www.newsfilecorp.com/release/281917
Original: Scottie Resources Hits Multiple High-Grade Gold Intercepts at Blueberry Contact Zone Including 34.3 g/t Gold over 3.30 Metres and 9.97 g/t Gold over 9.70 Metres