Scottie Resources Reports 27.9 g/t Gold over 4.15 m and 51.6 g/t Gold over 2.25 m at Blueberry Contact Zone

Scottie Resources Corp. (SCOT) has released the second batch of 2026 drill assays from the Blueberry Contact Zone at its Scottie Gold Mine Project in British Columbia. The reported holes, all measured in core length with true width not established, include significant intercepts across several zones.

In the Lemoffe 1 zone, hole SR26-509 returned 144.50-148.65 m, 4.15 m @ 27.9 g/t Au, including 147.00-148.65 m, 1.65 m @ 65.0 g/t Au. The same hole also intersected 205.00-207.00 m, 2.00 m @ 3.6 g/t Au in the Lemoffe 3+4 zone.

Hole SR26-504, targeting Fifi 1+2, returned 210.60-212.85 m, 2.25 m @ 51.6 g/t Au, including 211.60-12.85 m, 1.25 m @ 84.1 g/t Au. Additional intersections in this hole included 2.00 m @ 1.4 g/t in the Orphan zone and 1.00 m @ 1.4 g/t in Lemoffe 4.

Hole SR26-545, also targeting Fifi 1+2, returned 142.40-146.66 m, 4.26 m @ 21.9 g/t Au. Other intersections in this hole included 1.00 m @ 3.0 g/t in the Orphan zone and 3.00 m @ 1.2 g/t in Fifi 1.

In the Blueberry 5 zone, hole SR26-494 returned 221.00-227.00 m, 6.00 m @ 5.2 g/t Au, plus 1.95 m @ 1.5 g/t in Fifi 2.

Other reported intersections include SR26-500 with 1.33 m @ 7.4 g/t in Blueberry 1; SR26-498 with 3.00 m @ 6.9 g/t in Orphan and 5.00 m @ 3.0 g/t in Lemoffe 1+4; SR26-519 with 4.00 m @ 1.2 g/t in Blueberry 3; SR26-520 with 1.45 m @ 4.2 g/t in Bend; SR26-501 with 3.00 m @ 1.7 g/t in Lemoffe 4; and SR26-488 with 1.15 m @ 2.5 g/t in Fifi 2.

The company has completed more than 55,000 m in 200 holes within its fully funded C$26M 2026 program, with 3,000-5,000 m remaining and five drills currently active. An updated Mineral Resource Estimate (MRE) and Feasibility Study are targeted for the first half of 2027.

Scottie Resources Corp. (SCOT) is not a grassroots explorer; it holds a 703 koz inferred resource, has completed a preliminary economic assessment (PEA), and generated approximately C$9-9.5M from a bulk sample. The company currently holds C$34.1M in cash, is advancing permitting, and has a feasibility study underway with Tetra Tech, expected in the first half of 2027.

The previous batch, released on September 9, 2026, delivered SR26-492 at 18.00 m @ 9.7 g/t (174.6 g-m), plus 26.2 g/t over 2.45 m. This latest batch’s best result was approximately 116 g-m. While below the prior headline figure, it includes three quality holes rather than one. The grade-and-width substance is similar to the previous release, with holes spread across zones.

The stock is trading at C$2.61, compared to a high of C$3.20 in September 2026, representing a drift of approximately 18% off its peak. The price has not round-tripped, and the approximate doubling from late-2025 embeds the broader Blueberry/PEA story.

The results are genuinely incremental, supporting the conversion of inferred ounces to indicated and modestly extending veins ahead of the first half of 2027 mineral resource estimate and feasibility study. The data does not add a new zone, depth, or scale dimension that the market has not already seen.

Scottie Resources Corp. (SCOT) holds 100% of the Scottie Gold Mine Property, which includes a past-producing mine and the Blueberry Contact Zone, as well as the Georgia Project, home to the past-producing Georgia River Mine. The company also controls the Cambria, Sulu, and Tide North properties, totaling approximately 58,500 hectares in the Stewart Mining Camp within the Golden Triangle of British Columbia.

The company’s current resource stands at 703,000 ounces of gold at a grade of 6.1 grams per tonne, classified as Inferred, contained within 3.6 million tonnes. A preliminary economic assessment dated October 28, 2025, outlined a base case net present value at a 5% discount rate ranging from C$215.8 million to C$668.3 million, assuming gold prices between US$2,600 and US$4,200 per ounce. The project requires an initial capital expenditure of C$128.6 million and is projected to produce approximately 65,400 ounces of gold per year over seven years. The payback period is estimated at 1.7 years, or 0.9 years under a no-agreement toll-milling scenario.

Strategic backing includes a 2% gross profit royalty from Franco-Nevada and an equity partnership with Ocean Partners, which provides off-take arrangements and a US$25 million facility for construction and cost overruns. As of May 31, 2026, Scottie Resources reported C$34.1 million in cash and C$28.5 million in working capital, with no debt. The company targets a feasibility study for the first half of 2027, with production slated for 2028.