Scottie Resources: On Track to Uncover a Major Gold Discovery in British Columbia's Golden Triangle

• Scottie Resources is an exploration company operating in the Golden Triangle region of British Columbia with a large 60,000 hectare land package and 7 past producing mines.
• They have been having great success at their Blueberry project, with high grade gold intercepts close to surface. Recent drilling totals 20,000 meters.
• They are fully funded for the current drill program with only $6.5 million raised this year, keeping shareholder dilution low. Costs are only $325 per meter.
• The goal is to outline 1+ million high grade ounces to attract interest from a major mining company as an acquisition target. Initial results suggest they can exceed this target.
• Despite poor market conditions, conversations with majors indicate sincere interest in Scotty as they look to acquire new resources. Several teams met with management at a recent conference.

About Scottie Resources

Scottie Resources is a Canadian gold exploration company operating in the prolific Golden Triangle region of northwest British Columbia. The company holds a dominant land package of 60,000 hectares that includes seven past-producing high-grade gold mines. Scottie's flagship project is the Scottie Gold Mine, which produced 95,426 ounces of gold at an average recovered grade of 16.2 g/t between 1981-1985. The company is led by President and CEO Brad Rourke, who has extensive experience in mineral exploration and project development.

Interview with Bradley Rourke, President & CEO of Scottie Resources Corp.

Major Potential at the Scottie Gold Project

In the interview, Rourke highlights the tremendous upside at Scottie's 100% owned Scottie Gold project. The company recently completed a 20,000 meter drill program on the property, which hosts multiple high-grade gold zones including the Blueberry Zone. Drilling efforts have doubled the size of the mineralized footprint at Blueberry, where previous drilling returned exceptional intercepts like 34 g/t gold over 12 meters.

Rourke explains that Scottie has already surpassed its initial goal of outlining one million high-grade ounces at the project. He states "that's in the rearview mirror right now. There's no question we're able to target much more than that." The sizable drill program was designed to demonstrate the scale potential of the deposit, with drill results pending over the next few months.

The Blueberry zone mineralization starts at surface, which allows for simple open pit mining methods. Metallurgical testwork has demonstrated excellent recoveries in the 87-97% range, further underscoring the project's economic potential.

Staying Nimble in a Tough Market

Despite weak market conditions, Scottie Resources has maintained an aggressive exploration program thanks to its tight share structure and low drilling costs. The company raised only $6.5 million in 2022 but was able to complete 20,000 meters of drilling at a cost of just $325 per meter. This was achieved by investing in its own drills, camp, and other equipment rather than contracting external firms.

Rourke explains that the company is committed to creating value for shareholders by continuing to drill. He states, "Our job is to drill holes. We have a discovery, even whether the market recognizes it or not." This strategy has attracted significant interest from major mining companies, investors, and analysts.

Looking Ahead

With assay results pending on 20,000 meters of drilling, Scottie Resources is positioned to deliver a steady news flow over the coming months. The drill program was designed to demonstrate the large-scale potential of the Blueberry zone. Ruck aims to be able to articulate a clear path to multimillion-ounce resource in the next 3 months.

Conclusion

Scottie Resources presents investors with a unique opportunity to gain exposure to a potentially enormous high-grade gold system in a premier mining jurisdiction. The company exhibits all the key attributes needed for exploration success - a massive land package, drill-ready targets, proven management, and a healthy treasury. As results from the expansive 2022 drill program are released, Scottie has strong potential for a significant re-rate in the market. Precious metals investors looking for meaningful upside exposure should keep a close eye on this drill-focused explorer.