Scottie Resources Intercepts 6.41 g/t Gold over 14.0 m, Continuing to Demonstrate High- Grade in Fifi Veins at Blueberry Contact Zone
Scottie Resources Intercepts 6.41 g/t Gold
over 14.0 m, Continuing to Demonstrate High-
Grade in Fifi Veins at Blueberry Contact Zone
Vancouver, British Columbia--(Newsfile Corp. - January 6, 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 the Blueberry Contact Zone within the Scottie Gold Mine Project ("Scottie Gold
Mine" or the "Project"). The road-accessible Scottie Gold Mine Project, which includes the 100%-owned
past-producing Scottie Gold Mine and the adjacent Blueberry Contact Zone, is located 35 kilometres
north of Stewart, BC, and is the subject of a newly released Preliminary Economic Assessment ("PEA")
(Bird et al., October 28, 2025, Scottie Gold Mine Project, SEDAR+).
"We are very
pleased to kick off 2026 with another set of strong drill results from the Blueberry Contact
Zone
," stated Brad Rouke, CEO. "
Blueberry remains the cornerstone to our recent PEA and DSO
mine plan, delivering early high-grade ounces from an open pit and then transitioning into a robust
underground operation. At today's gold prices the open pit scenario alone has the potential to fund
both mine construction and the development of the underground, a tremendous position for a junior
company to be in.
"
Drilling in 2025 was designed to expand the existing resource while increasing geological confidence in
the known zones, supporting the planned conversion of resources from the inferred to indicated
category. Results from 2025 drilling are continuing to come in. The Scottie Gold Mine zones remain
open in multiple directions, representing meaningful opportunity to continue growing the Project's overall
resource base.
Highlights:
SR25-415 intersected
6.41 grams per tonne (g/t) gold over 14.00 metres (m),
including
19.0
g/t gold over 4.00 m
in the Fifi vein zone (Table 1, Figures 1,2,3).
SR25-413 intersected
3.50 g/t gold over 5.35 m
including
6.35 g/t gold over 2.10 m
at the
Blueberry Vein Zone (Table 1, Figures 1,2).
SR25-371 intersected
20.50 g/t gold over 1.10 m
at the Fifi vein zone (Table 1, Figures 1,2).
Table 1: Highlight results from new drill assays (uncut) – Blueberry Contact Zone
Drill Hole
From
(m)
To
(m)
Width*
(m)
Gold
(g/t)
Silver
(g/t)
Sub Zone
SR25-371
162.55
163.65
1.10
20.50
3.00
Fifi
202.80
203.85
1.05
1.16
0.00
Fifi
207.35
208.70
1.35
7.18
6.00
Fifi
SR25-379
26.00
29.00
3.00
1.17
0.00
Road
SR25-380
82.65
83.75
1.10
2.20
0.00
BB Vein
116.95
117.95
1.00
14.30
6.00
BB Vein
SR25-382
13.10
15.50
2.40
4.22
1.25
Fifi
45.00
46.00
1.00
7.18
4.00
Lemoffe
76.75
77.75
1.00
1.72
12.0
Lemoffe
SR25-392
129.00
132.00
3.00
10.0
7.00
Road
SR25-411
90.00
91.00
1.00
1.96
4.00
BB Vein
145.45
147.55
2.10
2.13
3.00
Fifi
173.00
174.00
1.00
3.77
85.0
Fifi
219.00
221.00
2.00
3.18
3.00
Lemoffe
231.65
232.70
1.05
3.97
9.00
Lemoffe
SR25-413
72.25
73.35
1.10
8.80
2.00
Road
133.65
134.65
1.00
4.74
5.00
BB Vein
199.10
204.45
5.35
3.50
0.82
BB Vein
including
202.35
204.45
2.10
6.35
2.10
BB Vein
SR25-415
104.00
118.00
14.0
6.41
7.64
Fifi
including
107.00
111.00
4.00
19.0
16.3
Fifi
including
109.00
110.00
1.00
44.8
25.0
Fifi
205.00
206.00
1.00
7.72
13.0
Lemoffe
*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/11118/279533_32eaa6b13419194e_002full.jpg
Figure 2:
Overview plan view map of the Blueberry Contact Zone, illustrating the locations of the
reported drill results, cross-sections (Figure 3), 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/11118/279533_32eaa6b13419194e_003full.jpg
About the Scottie Gold Mine Project
Over 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
Figure 3:
Cross-section displaying Blueberry Contact Zone intercepts from drill hole SR25-411 and
415.
To view an enhanced version of this graphic, please visit:
https://images.newsfilecorp.com/files/11118/279533_32eaa6b13419194e_004full.jpg
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 Control
Results 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 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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