Scottie Resources Intercepts 11.0 G/T GOLD over 7.5 M and 6.55 G/T over 5.5 M at Scottie GOLD MINE

SCOTTIE RESOURCES INTERCEPTS 11.0 G/T GOLD OVER 7.5 M AND

6.55 G/T OVER 5.5 M AT SCOTTIE GOLD MINE

VANCOUVER, BC

,

Dec. 3, 2024

/CNW/ - Scottie Resources Corp. ("

Scottie

" or the "

Company

") (TSXV: SCOT) (OTCQB: SCTSF) (FSE: SR8) is pleased to

report new assays from its 2024 drilling of the P-, O-, M-, and N Zone's at the historic Scottie Gold Mine (SGM). The Scottie Gold Mine Project, which includes

the 100% owned historic mine and the adjacent Blueberry Contact Zone is located 35 kilometres north of the town of

Stewart, BC

, along the Granduc Road.

Highlights:

SGM – drillhole SR24-334 intersected

11.0 grams per tonne (g/t) gold over 7.50 metres (m)

including

31.0 g/t gold over

2.00 m

in the O Zone

and

intersected

6.55 g/t gold over

5.50 m

at the N Zone (Table 1, Figures 1,2)

SGM – drillhole SR24-333 intersected

6.28 g/t gold over

4.19 m

including

19.6 g/t gold over

1.00 m

(Table 1, Figures 1,2) at the N Zone

P Zone SGM drillhole SR24-337 intersected

54.0 g/t gold over

1.00 m

,

representing a

35 m

step-out to the northwest in a wide-open direction

President and CEO,

Brad Rourke

commented: "Drilling at the Scottie Gold Mine this year was primarily driven by the objective to include the historic

deposit into the upcoming resource estimate, nonetheless the recent results continue to show that there is significant expansion potential around the

mine and the existing infrastructure. The new data has already generated additional high-confidence targets for next years program, that will fuel the

continued expansion of known zones, and test new concepts. We feel that there is much more growth and discovery potential in and around the Scottie

Gold Mine and plan to allocate a substantial portion of future drill programs to demonstrate the upside."

Table 1:

Selected results from new drill assays (uncut) from the Scottie Gold Mine, P, O, M, and N Zones

Drill Hole

From

(m)

To (m)

Width*

(m)

Gold

(g/t)

Silver

(g/t)

SR24-333

60.88

61.88

1.00

1.24

0.00

74.65

76.76

2.11

1.76

10.5

128.00

129.00

1.00

3.75

2.00

134.57

135.57

1.00

2.59

7.00

140.00

142.00

2.00

3.83

51.0

151.04

157.20

6.16

1.22

2.82

183.00

187.19

4.19

6.28

24.3

including

185.00

186.00

1.00

19.6

79.0

210.80

212.82

2.02

1.95

8.08

229.24

230.45

1.21

1.62

43.0

SR24-334

14.60

22.10

7.50

11.0

5.53

including

14.60

16.60

2.00

31.0

13.50

125.30

126.40

1.10

23.4

30.0

186.20

187.20

1.00

2.77

25.0

195.70

196.70

1.00

2.02

25.0

245.00

248.00

3.00

4.43

1.0

254.00

259.50

5.50

6.55

0.82

270.30

271.30

1.00

1.39

4.00

SR24-335

158.34

164.00

5.66

1.59

1.23

including

158.34

160.35

2.01

2.72

0.00

SR24-336

73.52

74.52

1.00

1.22

5.00

86.00

87.00

1.00

1.91

3.00

98.14

102.00

3.86

1.00

0.00

161.00

163.00

2.00

1.47

5.00

235.00

237.00

2.00

1.46

0.00

273.00

274.00

1.00

2.08

0.00

SR24-337

56.00

58.00

2.00

1.06

0.00

96.30

97.30

1.00

54.0

32.0

151.10

153.10

2.00

4.93

17.5

SR24-341

43.61

46.00

2.39

1.53

2.90

51.00

54.00

3.00

2.46

0.00

69.00

70.00

1.00

5.50

14.0

78.00

81.00

3.00

2.96

3.00

121.63

123.00

1.37

1.42

24.0

*True width of the intervals has not yet been established by drilling

The Scottie Gold Mine, which operated between 1981 to 1985, produced 95,426 gold ounces from 183,147 tonnes at an average recovered grade of 16.2 g/t

gold. The mine ultimately shut down due to a drop in gold price combined with high-interest rate on the initial mine startup loan. When the mine shutdown, the

deposit had over two years of production left in what the mine considered to be reserves (this historical estimate is not consistent with CIM Definition Standards

for Mineral Resources & Mineral Reserves and is not treated as such). The 2024 diamond drill program was designed to validate the historical drill results,

extend known zones, and test new targets around the past-producing mine.

Figure 1: Overview plan view map of the Scottie Gold Mine, illustrating known mineralized zones, historic underground workings, and the distribution of the

collars and traces of the 2024 drill holes. (CNW Group/Scottie Resources Corp.)

Historical drilling of the Scottie Gold Mine was largely focused on mine production, with little work done on proving up substantial resources. The majority of

historical drilling was done from underground, and therefore consisted of short holes with single targets – with very restricted drill pad locations. Recent

exploration by Scottie has used the benefits of drilling from surface to target areas that were inaccessible with underground drill locations, and where possible

to test multiple targets with individual holes.

Figure 2: Cross-section highlighting the recent intercepts in SR23-333, -334, and 337 relative to recent and historical drilling of the Scottie Gold Mine and the

various vein zones within it. Note that the orientation of the Morris fault is such that it dips down to the west, creating space at depth the further west the veins

strike. (CNW Group/Scottie Resources Corp.)

About the Scottie Gold Mine Project

Mineralization consists of east-west to northwest trending, steeply dipping, shear veins, that are comprised of pyrrhotite > pyrite ± quartz ± calcite. The veins

are hosted in a package of andesitic volcanic rocks from the Hazelton Unuk River Formation that are situated adjacent to the contact with the

Summit Lake

stock, part of the Texas Creek Plutonic Suite. While 13 distinct gold-bearing vein zones have been identified on the Scottie Gold Mine Project, mine production

was primarily from one vein (the M-zone).

Exploration of the Scottie Gold Mine Project over the past 6 years has produced exceptional drill results through the discovery of high-grade gold in four new

zones (Blueberry Contact Zone, Domino, D-Zone, P-Zone) and the expansion of previously drill confirmed targets (Scottie Gold Mine, C-Zone, Bend Vein,

Stockwork). There is a clear spatial relation between the outcropping and drill-confirmed high-grade gold targets and the contact with the Jurassic aged, Texas

Creek Plutonic suite intrusion. Geological work in the area has established strong connections between the various deposits. The chemical, mineralogical,

structural, and age relationships of the deposits and host rocks support a genetic model whereby all deposits are linked to the same mineralizing event.

About the Scottie Gold Mine

The Scottie Gold Mine, which operated between 1981 to 1985, produced 95,426 gold ounces from 183,147 tonnes at an average recovered grade of 16.2 g/t

gold. The mine ultimately shut down due to a drop in gold price combined with high-interest rates. Mineralization consists of east-west to northwest trending,

steeply dipping, shear and extensional veins, that are comprised of pyrrhotite > pyrite ± quartz ± calcite. The veins are hosted in a package of andesitic volcanic

rocks from the Hazelton Group - Unuk River andesite unit that are situated adjacent to the contact with the

Summit Lake

stock, part of the Texas Creek Plutonic

suite. While 13 distinct gold-bearing vein zones have been identified on the Scottie Gold Mine Project, mine production was primarily from one vein zone (the M-

zone).

Historical drilling of the Scottie Gold Mine was largely focused on mine production, with little work done on proving up substantial resources and reserves. The

majority of historical drilling was done from underground, and therefore consisted of short holes with single targets – with very restricted drill pad locations.

Recent exploration by Scottie has used the benefits of drilling from surface to target areas that were inaccessible with underground drill locations, and where

possible to test multiple targets with individual holes. The Scottie Gold Mine is located on the Granduc Road, 20 km north of the Ascot Resources' Premier

Project, which is in the process of refurbishing their mill in anticipation of production in Q1 2024.

Quality Assurance and Control

Results from samples taken during the 2024 field season were analyzed at SGS Minerals in

Burnaby, BC

. The sampling program was undertaken under the

direction of Dr.

Thomas Mumford

. A secure chain of custody is maintained in transporting and storing of 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., a qualified person under National Instrument 43-101, has reviewed the technical information contained in this news release on

behalf of the Company.

ABOUT SCOTTIE RESOURCES CORP.

Scottie owns a 100% interest in the Scottie Gold Mine Property which includes the Blueberry Contact Zone and the high-grade, past-producing Scottie Gold

Mine. Scottie also owns 100% interest in the Georgia Project which contains the high-grade past-producing

Georgia River Mine

, as well as the Cambria Project

properties and the Sulu and Tide North properties. Altogether Scottie Resources holds approximately 58,500 hectares of mineral claims in the Stewart Mining

Camp in the Golden Triangle.

The Company's focus is on expanding the known mineralization around the past-producing mines while advancing near mine high-grade gold targets, with the

purpose of delivering a potential resource.

All of the Company's properties are located in the area known as the Golden Triangle of

British Columbia

which is among the world's most prolific mineralized

districts.

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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SOURCE

Scottie Resources Corp.

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For further information:

Additional Information: Brad Rourke, President and CEO, +1 250 877 9902, [email protected]; Gordon Robb, Business

Development / IR, +1 250 217 2321, [email protected]

CO: Scottie Resources Corp.

CNW 07:30e 03-DEC-24