[Recorded January 28th, 2026] Dr. Thomas Mumford, President of Scottie Resources (TSX.V:SCOT) (OTCQB:SCTSF), joins us to review some recent high-grade gold assay results at both the Blueberry Contact Zone and Scottie Gold Mine area from the 2025 exploration season. Additionally, we get an update on the targeting preparation for the largest drill program to date planned in 2026, and the Feasibility Study workstreams underway at the Scottie Gold Mine Project; located in the Golden Triangle of British Columbia.
2025 drilling continues to deliver excellent results from the Blueberry Contact Zone.
- Hole SR25-420 intersected 34.3 grams per tonne “g/t” gold over 3.30 metres, including a high-grade interval of 90.8 g/t gold over 1.0 metres within the Lemoffe vein zone.
- Hole SR25-424 intersected 9.97 g/t gold over 9.70 metres, including 21.1 g/t gold over 2.45 metres. Of the 27,000 metres drilled in 2025, only ~16,000 metres have been reported to date.
- There are still 11,000 meters of drilling from the Blueberry Contact Zone to release from last year’s program, once received back from the assay lab.
Drilling continues to deliver at the Scottie Gold Mine area from last year’s drill program.
- Hole SR25-445 intersected 14.8 grams per tonne “g/t” gold over 9.80 metres, including a high-grade interval of 69.8 g/t gold over 2.0 metres within the M-Zone.
- Additional strong M-Zone results include 21.1 g/t gold and 50.6 g/t silver over 3.45 metres in hole SR25-410 and 17.6 g/t gold over 4.40 metres in hole SR25-439.
- Multiple drill holes (SR25-408, 419, 427 and 445) also intersected gold mineralization within the Wolf Zone, highlighted by an intercept of 7.56 g/t gold over 1.65 metres in hole SR25-408.
- These results represent the conclusion of 2025 drill results from the Scottie Gold Mine and associated vein zones, i.e., P-, M-, N-, L-, and Wolf Zones.
The Company is planning to initiate a ~50,000 meter drill program for 2026, which will be the largest exploration program to date. More information will be detailed once all the 2025 drill results from the Blueberry Contact Zone have been assimilated into the geological model.
The recent PEA outlined a robust Direct-Ship Ore (“DSO”) development scenario for the Scottie Gold Mine Project, with strong economics and leverage to the current gold price environment, and additional upside potential through local toll milling. The DSO process was successfully demonstrated during this trial mining and Bulk Sample, which was mined at the Bend Vein pit at the Scottie Gold Mine Project, then mucked, visually sorted, and crushed over the 2025 summer season.
- 90% of the payment from the bulk sample has already been received, with the final 10% payment still due. It will reconcile any difference between estimated and final ounces and will be priced based on metal values at the time grades are finalized and agreed upon. It is estimated that gold sold will have generated a net profit of ~CAD$9Million for the Company.
Thomas outlines the plan to move straight into work streams for a Feasibility Study (FS), with actual cost estimates and more detailed economics, as the next major economic study to be undertaken. The FS is slated to take about 8-10 months after all the 2025 drill results from the 27,309 meter program are all returned and integrated into their updated resource model. The Company is also collecting data for environmental baseline studies in preparation for the upcoming permitting process.
If you have any questions for Thomas regarding Scottie Resources, then please email us at Fleck@kereport.com or Shad@kereport.com.
- In full disclosure, Shad is a shareholder of Scottie Resources at the time of this recording and may choose to buy or sell shares at any time.
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