Scottie Resources Strengthens Leadership Team with Key Appointments and Additions as Company Advances Toward Development
Scottie Resources Strengthens Leadership
Team with Key Appointments and Additions as
Company Advances Toward Development
Vancouver, British Columbia--(Newsfile Corp. - March 9, 2026) - Scottie Resources Corp. (TSXV:
SCOT) (OTCQB: SCTSF) (FSE: SR80) ("
Scottie
" or the "
Company
") is pleased to announce a
strategic leadership transition and strengthening of its executive team as the Company's advances its
Scottie Gold Mine Project ("Scottie Gold Mine" or the "Project") towards production in British Columbia's
Golden Triangle.
Effective Immediately:
Brad Rourke
transitions from Chief Executive Officer to
Executive Chair
Thomas Mumford
has been appointed
Chief Executive Officer and will now act as
President & CEO
Chris Noon
has been appointed
Chief Financial Officer
Leadership Transition
Brad Rourke, who assumed leadership of Scottie in 2017, has led the Company through almost a
decade of significant growth. During this time, Scottie expanded its land package from <500 hectares to
approximately 58,500 hectares of highly prospective mineral claims within the Stewart Mining Camp in
British Columbia's Golden Triangle, one of the worlds most prolific mineralized districts.
Mr. Rourke has also been instrumental in assembling the Company's current management team and
Board of Directors, attracting high quality investors and strategic partners such as Ocean Partners and
Franco Nevada, which facilitated the discovery of the Blueberry Contact Zone, and securing funding for
the Company's largest drill programs to date.
Mr. Rourke will assume the role of Executive Chair and will focus on strategic oversight, capital markets
engagement, and corporate development initiatives.
"Scottie has reached an important inflection point," said Brad Rourke, Executive Chair. "With a growing
high-grade resource base and increasing scale across the property, this transition enables us to further
strengthen the leadership team as we advance toward our next stage of development. I look forward to
working closely with Thomas as we continue building value in the Golden Triangle. Additionally, we would
like to thank Stephen Sulis for his contributions in advancing Scottie over the past number of years."
Dr. Thomas Mumford brings extensive experience in corporate strategy, capital markets, and resource
project advancement, overseeing the Company's recent PEA and drilling execution strategies that have
continued to advance and grow the Project while identifying future drill targets that may result in new
discoveries. As CEO, he will lead the Company's operational execution, strategic planning, and
stakeholder engagement.
"Scottie controls one of the most compelling high-grade gold systems in the Stewart Camp," said Dr.
Thomas Mumford, President & CEO. "With demonstrated continuity at Blueberry and district-scale
upside across the property, our focus will be on progressing the project towards near-term production,
resource expansion, and continued disciplined exploration, strategically positioning the Company for
long-term value creation."
Appointment of Chief Financial Officer
The Company is also pleased to announce the appointment of Chris Noon as Chief Financial Officer.
Chris brings over 10 years of experience in public company finance, capital markets, and regulatory
compliance, including experience with TSXV-listed mining issuers.
Mr. Chris Noon, CPA, brings significant experience in accounting and finance, including progressively
senior roles with SilverCrest Metals Inc., a TSX- and NYSE-listed precious metals producer, where he
supported the company's transition from exploration through development and construction into
production, culminating in a corporate transaction. Mr. Noon has extensive experience in corporate
budgeting and forecasting, treasury and liquidity management, capital project financial oversight,
financial reporting, and system and process optimization within an international operating environment,
primarily in Mexico. Mr. Noon began his career with Ernst & Young LLP, where he earned his CPA
designation while providing audit services to publicly listed companies, including resource issuers. He
completed the Diploma in Accounting Program (DAP) at the University of British Columbia and holds a
Bachelor of Science from UBC.
Positioning for the Next Phase
The strengthening of Scottie's executive team comes as the Company advances the Scottie Gold Mine
Project towards production, while continuing to demonstrate the expanding scale and high-grade
continuity at the Blueberry Contact Zone and across the broader Scottie Gold Mine Project in British
Columbia's Golden Triangle.
The Company remains fully funded to advance its 2026 drill program, engineering studies and
environmental baseline work, designed to progress the project through Feasibility.
On behalf of the Board of Directors,
Brad Rourke
Executive Chairman
Scottie Resources Corp.
+1 250 877 9902
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 Information
Brad Rourke
CEO
+1 250 877 9902
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.
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