Scout Minerals Corp. Corp. announced the completion of field work in the phase 1 program at the North McKinney exploration property.

The McKinney Property is located on the southeast slope of Mt. Baldy in southern British Columbia, approximately 25 kilometres northeast of the town of Osoyoos, British Columbia, and directly north of the past-producing Caribou-Amelia mine at Camp McKinney. The phase 1 field program was designed to follow-up on and expand upon positive precious and base metal rock and soil sample results received from campaigns undertaken by previous operators in 2020 and 2021.

Numerous historical workings were encountered and sampled during the field program. Most notably, the Highland Chief workings were re-discovered by the field team and six rock samples were collected from the immediate vicinity of the collapsed workings. These samples appear well mineralized in comparison to previous samples taken from the general area of the Highland Chief.

The Highland Chief workings were reported to include an adit driven at least 100 ft along a mineralized vein (Midway Advance, 1896; Annual Report Minister of Mines, 1895), and is one of the more developed showings on the Property that saw historical development activity. An extensive soil grid comprising 711 samples designed to infill and extend a multi-element trend identified through field work in 2021 and expand upon a separate grid-limit multi-line anomaly left open to the west after 2021 field work was completed. A portable XRF analyzer was used to analyze soil samples daily to help refine prospecting targets and allow for on-the-fly grid extensions, and preliminary XRF data indicates that both objectives were met by the program.

The 33-line kilometer ground magnetic program was envisioned to provide data indicating structural and subsurface lithological trends. Previous work in the region by the geological team on multiple projects has shown that the contacts between pronounced magnetic highs and lows are prospective areas for mineral enrichment. The 2022 North McKinney magnetic grid successfully identified a series of important contrasts not only in the areas around known showings and workings, but in newly explored areas as well.

Contacts show two preferential orientations; roughly NE/SW and roughly E/W. Notably, a prominent intersection point between these two lineaments occurs at the Highland Chief workings discussed above, inferring a promising exploration model moving forward. The Company expects to announce the results of the lab analysis and assay results related to the 2022 Phase 1 field program in due course.