Scorpio Gold Drills 0.58 g/t Gold over 18.04 Metres from 311.05 Metres Within Manhattan Caldera, at Black Mammoth
Original announcement by yahoo_press on
- Company
- Scorpio Gold
- Ticker
- SGN
- Exchange
- TSXV
- Region
- Unavailable
- Primary commodity
- Gold
- Secondary commodities
- None reported
- Document categories
- Drill results
- Extracted
- 2026-09-19 12:14:26 UTC
Analysis by Minestarters Atlas
Minestarters Atlas analysis
Summary
Scorpio Gold has reported two new drill intercepts at the Black Mammoth project within the Manhattan Caldera. The results include 0.58 g/t gold over 18.04 metres and 0.35 g/t gold over 17.4 metres.
Reasoning: The release reports two new drill intercepts with decent width but modest gold grades, providing continuity within the Manhattan Caldera.
Positive factors
- Significant width of mineralization (18m)
- Geological context similar to Round Mountain
Negative factors
- Relatively low grade (0.58 g/t)
Facts used in scoring: 2
Classification and evidence
Infill Drillingneutral
Confirmatory drilling to raise resource confidence, not new discovery.
Why it applies: Holes follow up on previous Black Mammoth holes.
Evidence · text
“Holes 26MN-078 and 26MN-088 follow up on previous Black Mammoth holes”
Nearology Playneutral
Value premise rests on proximity to a known deposit rather than own results.
Why it applies: Mineralization is compared to the setting at the Round Mountain Gold Mine.
Evidence · text
“similar to the setting at the Round Mountain Gold Mine”
Extracted facts
Stored fact records: 2. Some facts used in scoring do not have a stored record.
Drill Results (2)
26MN-078Black Mammoth · goldGrade: 0.58Grade Unit: g/tIntercept: 18.04 mView all detailsHide details
Identity
- Hole ID
- 26MN-078
- Project
- Black Mammoth
- Commodity
- gold
- Ticker
- SGN
Geometry
- Grade
- 0.58
- Grade Unit
- g/t
- Intercept
- 18.04 m
- From
- 311.05 m
- To
- 329.09 m
- Intercept Depth
- 311.05 m
Classification
- Program
- resource
- Sample Type
- drill
- Group ID
- 26MN-078:311.05-329.09
Review
- Needs Review
- No
- Interp. Status
- scored
- Historical
- No
Dates
- Event date
- 2026-06-02T00:00:00.000Z
Reasoning: A wide intercept of 18m at 0.58 g/t gold.
Positive factors
- Good intercept width
Negative factors
- Low grade
Evidence · text
“0.58 g/t gold over 18.04 metres ("m") from 311.05 m”
Tags used in scoring
No QA/QC Disclosurenegative
Release does not disclose QA/QC — lab certification, CP/QP sign-off and assay protocols cannot be checked from this document.
Why it applies: qaqc_disclosed is not true
Cut-off Undisclosednegative
High-grade interval reported without stating the cut-off grade used for compositing.
Why it applies: no cutoff_grade was stated
Infill Drillingneutral
Confirmatory drilling to raise resource confidence, not new discovery.
Why it applies: drill_program_type is "resource"
Nearology Playneutral
Value premise rests on proximity to a known deposit rather than own results.
Why it applies: proximity is offered as the value premise: "HighlightsHole 26MN-078 returned:0.58 g/t gold over 18.04 metres ("m") from 311.05 m at Black Mammoth.Mineralization fou"
26MN-088Black Mammoth · goldGrade: 0.35Grade Unit: g/tIntercept: 17.4 mView all detailsHide details
Identity
- Hole ID
- 26MN-088
- Project
- Black Mammoth
- Commodity
- gold
- Ticker
- SGN
Geometry
- Grade
- 0.35
- Grade Unit
- g/t
- Intercept
- 17.4 m
- From
- 185.96 m
- To
- 203.36 m
- Intercept Depth
- 185.96 m
Classification
- Program
- resource
- Sample Type
- drill
- Group ID
- 26MN-088:185.96-203.36
Review
- Needs Review
- No
- Interp. Status
- scored
- Historical
- No
Dates
- Event date
- 2026-06-02T00:00:00.000Z
Reasoning: A 17.4m intercept at 0.35 g/t gold.
Positive factors
- Decent width
Negative factors
- Low grade
Evidence · text
“0.35 g/t gold over 17.4 m from 185.96 m”
Tags used in scoring
No QA/QC Disclosurenegative
Release does not disclose QA/QC — lab certification, CP/QP sign-off and assay protocols cannot be checked from this document.
Why it applies: qaqc_disclosed is not true
Cut-off Undisclosednegative
High-grade interval reported without stating the cut-off grade used for compositing.
Why it applies: no cutoff_grade was stated
Infill Drillingneutral
Confirmatory drilling to raise resource confidence, not new discovery.
Why it applies: drill_program_type is "resource"
Nearology Playneutral
Value premise rests on proximity to a known deposit rather than own results.
Why it applies: proximity is offered as the value premise: "HighlightsHole 26MN-078 returned:0.58 g/t gold over 18.04 metres ("m") from 311.05 m at Black Mammoth.Mineralization fou"
How Atlas produces this analysis
Minestarters Atlas uses automated extraction to summarize mining announcements, identify reported measurements, and classify supporting evidence. Sentiment reflects the extracted narrative and classification rules; it is an interpretation, not a reported measurement. Evidence quotes and context are provided where available. Missing data, low-confidence results, and review flags indicate limitations. Check the original publisher announcement before relying on an interpretation.