October 28, 2025

Scottie Resources Announces Impressive Economics in Preliminary Economic Assessment for Scottie Gold Mine Project

Vancouver, British Columbia (October 28, 2025) - Scottie Resources Corp. (TSX.V: SCOT)(OTCQB: SCTSF)(Frankfurt: SR80)(“Scottie” or the “Company”) is pleased to announce the results of an independent Preliminary Economic Assessment (“PEA”) completed by Tetra Tech Canada, Inc. (“Tetra Tech”) for the Scottie Gold Mine project in British Columbia, Canada.

The PEA outlines 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 toll milling. All dollar ($) amounts in this news release are in Canadian dollars ($) unless otherwise indicated. The base case DSO project delivers an after-tax NPV(5%) ranging from $215.8 million to $668.3 million at gold prices of US$2,600/oz and US$4,200/oz, respectively. Importantly, the PEA also presents the opportunity to utilize excess capacity at the nearby Premier mill through a toll-milling arrangement, which could significantly enhance project economics. Under this scenario, the after-tax NPV(5%) increases to $380.1 million at US$2,600/oz and $831.7 million at US$4,200/oz (note: no toll-milling agreement is currently in place). The PEA contemplates an initial capital cost of $128.6 million and average annual production of approximately 65,400 ounces of gold over a seven-year mine life. The project demonstrates a compelling after-tax payback period of 1.7 years for the standalone DSO case, and just 0.9 years under the toll-milling opportunity at a gold price of US$2,600/oz.