# Scorpio Gold Drills 0.58 g/t Gold over 18.04 Metres from 311.05 Metres Within Manhattan Caldera, at Black Mammoth

Canonical Atlas analysis: https://atlas-extractions.minestarters.com/news/scorpio-gold-drills-0-58-g-t-gold-over-18-04-metres-from-311-05-metres-within-ma--7da1072e-a22f-4730-85b6-a4a330acebcb

Original source: https://finance.yahoo.com/markets/commodities/articles/scorpio-gold-drills-0-58-090000556.html

Publisher: yahoo\_press

Original announcement: 2026-06-02T09:00:00.000Z

Analysis by Minestarters Atlas

Atlas analysis published: Unknown date

Atlas analysis updated: Unknown date

- 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

Narrative sentiment: 0.10 · Bullish

## Minestarters Atlas 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 factor: Significant width of mineralization \(18m\)

- Positive factor: Geological context similar to Round Mountain

- Negative factor: Relatively low grade \(0.58 g/t\)

Facts used in scoring: 2

## Classification and evidence

**Infill Drilling**

Polarity: neutral

Definition: 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 Play**

Polarity: neutral

Definition: 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-078

[Link to this fact](https://atlas-extractions.minestarters.com/news/scorpio-gold-drills-0-58-g-t-gold-over-18-04-metres-from-311-05-metres-within-ma--7da1072e-a22f-4730-85b6-a4a330acebcb#fact-drill-facts-0)

Black Mammoth · gold

#### 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 factor: Good intercept width

- Negative factor: 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 Disclosure**

Polarity: negative

Definition: 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 Undisclosed**

Polarity: negative

Definition: High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff\_grade was stated

**Infill Drilling**

Polarity: neutral

Definition: Confirmatory drilling to raise resource confidence, not new discovery.

Why it applies: drill\_program\_type is "resource"

**Nearology Play**

Polarity: neutral

Definition: 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-088

[Link to this fact](https://atlas-extractions.minestarters.com/news/scorpio-gold-drills-0-58-g-t-gold-over-18-04-metres-from-311-05-metres-within-ma--7da1072e-a22f-4730-85b6-a4a330acebcb#fact-drill-facts-1)

Black Mammoth · gold

#### 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 factor: Decent width

- Negative factor: Low grade

Evidence · text

> 0.35 g/t gold over 17.4 m from 185.96 m

#### Tags used in scoring

**No QA/QC Disclosure**

Polarity: negative

Definition: 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 Undisclosed**

Polarity: negative

Definition: High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff\_grade was stated

**Infill Drilling**

Polarity: neutral

Definition: Confirmatory drilling to raise resource confidence, not new discovery.

Why it applies: drill\_program\_type is "resource"

**Nearology Play**

Polarity: neutral

Definition: 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.