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SCOT.V ·

Scottie Resources Reports 12.6 G/T GOLD and 4.43 G/T Silver over 5.22 Metres at Scottie GOLD MINE M-Zone

Drill Results

SCOTTIE RESOURCES REPORTS 12.6 G/T GOLD AND 4.43 G/T SILVER OVER 5.22

METRES AT SCOTTIE GOLD MINE M-ZONE

Vancouver, BC – February 10, 2021 – Scottie Resources Corp. (“Scottie” or the “Company”)

(TSXV: SCOT) is pleased to report drilling results on the infill and expansionary drilling around the

Scottie Gold Mine M-zone including intercepts of 12.6 g/t gold and 4.43 g/t silver over 5.22 metres

and 10.7 g/t gold and 5.38 g/t silver over 5.70 metres. The 2020 drill results continue to establish

both lateral and vertical expansion and continuity of high-grade gold mineralization in the past -

producing mine. The 100% owned Scottie Gold Mine is the flagship project of the Company, is road

accessible with excellent existing infrastructure, and is located 40 km north of Stewart, BC, and 20

km north of Ascot’s Premier Mill along the Granduc haul road.

CEO, Bradley Rourke commented : “The 2020 drill program at the Scottie Gol d Mine Project

continues to deliver strong results that indicate that the gold mineralization at Scottie is more

extensive than previously tested. Past mining practices used a historical cut-off grade of 10 g/t gold,

and with the current market conditions the opportunity to expand the mineralizing system is excellent

as our recent results indicate. During 2021 the Company will continue expanding the drill program

and advancing towards delivering a potential resource.”

Drill Hole From (m) To (m) Width* (m) Gold (g/t) Silver (g/t)

SR20-51 34.73 72.6 37.87 2.40 4.57

including 50.3 56 5.70 10.7 5.38

and including 51.3 54 2.70 16.5 6.14

SR20-52 45.07 60.55 15.48 4.69 2.42

including 46.97 52.19 5.22 12.6 4.43

and including 46.97 48.7 1.73 21.8 3.95

SR20-54 112.86 115.92 3.06 1.81 17.0

Table 1: 2020 Scottie Gold Mine Drill Results. *True width is estimated to be 80-90% of interval width.

2020 Drilling Program

The Company completed 7,040 m of drilling in 46 holes during 2020 and took 921 surface samples

on its Scottie Gold Mine area projects. The Company has previously released high-grade drill results

for the O-Zone, the Domino Zone and the Blueberry Z one (see news releases Oct 6, 2020 Dec 8,

2020, Jan 21, 2021). The high-grade M-Zone drill intercepts presented in this release complement

drill results released in 2019 and 2020 on near mine targets, including the Domino and Blueberry

Zones, and demonstrate the Company’s success in advancing multiple high-grade areas within the

Company’s claims in and around the Scottie Gold Mine.

Figure 1: Plan view map illustrating the projected drill traces from the 2019/2020 drill programs on the Scottie

Gold Mine, superimposed over significant M- Zone and O -Zone historic drill results (red shaded disc) . Light

blue lines represent projected historic underground workings.

Scottie Gold Mine

The Scottie Gold Mine, which operated between 1981 and 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 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).

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 histor ical 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: High-grade gold occurrences (grab samples) on the Scottie Gold Mine Project, all satellite images

are within Scottie’s mineral tenure.

Figure 3: Left image: Grade thickness (gold in gram metres) contoured long section of the M-Zone, underlying

blue lines depict underground workings from past production; Right image: Plan view map illustrating mapped

sulphidized veins relative to the M- and O-Zone structures and the projected underground workings.

Quality Assurance and Control

Results from samples were analyzed at MSALABS in Langley, Canada (an ISO 9001 accredited

facility). The sampling program was undertaken by Company personnel 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 Au). Analysis by f our acid digestion with 48 element ICP -MS analysis was

conducted on all samples with silver and base metal over -limits being re -analyzed by emission

spectrometry.

Thomas Mumford, Ph.D., P.Geo and VP Exploration of Scottie, 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 high- grade, past -producing Scottie Gold Mine and Bow

properties and has the option to purchase a 100% interest in Summit Lake claims which are

contiguous with the Scottie Gold Mine property. Scottie also owns 100% interest in the Cambria

Project properties and the Sulu property. Scottie Resources holds more than 25,000 ha of mineral

claims in the Golden Triangle.

The Company’s focus is on expanding the known mineralization around the past -producing mine

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.

Further information on Scottie can be found on the Company’s website at

http://www.scottieresources.com and at www.sedar.com, or by contacting Bradley Rourke, President

and CEO at (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 obligat ion 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.