Scottie Resources Intercepts 8.28 g/t Gold over 22.35 m at P-Zone at Scottie Gold Mine Project, BC

The November 4, 2025 news release announces the first drill results from the 2025 drill program at the Scottie Gold Mine Project in British Columbia. The headline intercept is from the P-Zone, with drill hole SR25-378 hitting 8.28 g/t gold over a wide interval of 22.35 metres. The release also includes multiple intercepts from the O-Zone, with notable results such as 7.76 g/t gold over 3.0 metres and 8.99 g/t gold over 3.0 metres. CEO Brad Rourke stated these results are "very encouraging" and highlight the opportunity to add ounces to the existing resource that formed the basis of the recently released Preliminary Economic Assessment (PEA).

This news is materially positive. It comes less than a week after the company released a robust PEA which outlined strong project economics. The PEA was based on the May 2025 maiden resource estimate, and a key part of the investment thesis is the potential to expand this resource. These first drill results from the large 2025 program (27,309 metres completed) are a strong first step in validating that thesis.

The intercept of 8.28 g/t gold over 22.35 metres is particularly significant due to its combination of high grade and substantial width. This demonstrates the "strength of the system," as noted by the CEO, and provides tangible evidence of the potential to grow the resource base. While these are just the first few holes, they set a positive tone for the remaining assays from the largest drill program in the company's history.

Historically, the company has consistently delivered strong exploration results which have led to key milestones. This release continues that trend and directly supports the forward-looking strategy of resource expansion to enhance the already compelling economics presented in the PEA. The market reaction should be positive, as this news de-risks the exploration upside and provides an immediate follow-up catalyst after the major PEA milestone.

Scottie Resources Corp. is a Canadian exploration and development company focused on its 100%-owned Scottie Gold Mine Project in the Golden Triangle of British Columbia. The project includes the past-producing Scottie Gold Mine and the adjacent Blueberry Contact Zone.

The company's strategy is to fast-track the project to production via a low-capital Direct Shipping Ore (DSO) model. This involves mining, crushing, and using sensor-based ore sorting on-site to create a high-grade concentrate, which can then be shipped to smelters for processing. This approach leverages the project's road access and proximity to the deep-water port of Stewart, B.C., and aims to minimize initial capital by avoiding the construction of a full processing plant and tailings facility.

Key milestones in 2025 include a maiden Inferred resource estimate of 703,000 oz Au @ 6.1 g/t, a strategic partnership with Ocean Partners, and a positive PEA demonstrating robust economics for the DSO model.