Scorpio Gold Drills 1.27 g/t Gold over 45.23 Metres from 137.95 Metres Along Caldera Margin at Goldwedge

Original announcement by yahoo_press on

Company
Scorpio Gold Corp.
Ticker
SGN
Exchange
TSXV
Region
Nevada
Primary commodity
Gold
Secondary commodities
None reported
Document categories
Drill results
Extracted
2026-09-19 12:13:57 UTC

Analysis by Minestarters Atlas

Minestarters Atlas analysis

Summary

Scorpio Gold Corp. reported drill results from its Phase Two step-out program at the Manhattan District Project in Nevada. Hole 26MN-086 returned 1.27 g/t gold over 45.23 metres, featuring higher-grade internal segments.

Reasoning: The drill hole returned a substantial width of 45.23m at a moderate grade of 1.27 g/t gold, including a higher-grade 8.06 g/t intercept, supporting the step-out exploration objective.

Positive factors

  • Significant intercept width
  • Step-out drilling success

Facts used in scoring: 3

Classification and evidence

Step-Out Extensionpositive

Mineralization extended beyond the previously known limit.

Why it applies: The release explicitly describes the holes as part of a 'step-out' drill program.

Evidence · text

“results from three step-out holes”

Infill Drillingneutral

Confirmatory drilling to raise resource confidence, not new discovery.

Why it applies: The program is described as step-out, not infill.

Evidence · text

“step-out holes”

Extracted facts

Stored fact records: 3. Some facts used in scoring do not have a stored record.

Drill Results (3)

26MN-086Manhattan District · goldGrade: 1.27Grade Unit: g/tIntercept: 45.23 mView all details
Link to this fact

Identity

Hole ID
26MN-086
Project
Manhattan District
Commodity
gold
Region
usa_nv
Reported Region
usa_nv
Ticker
SGN

Geometry

Grade
1.27
Grade Unit
g/t
Intercept
45.23 m
From
137.95 m
To
183.18 m
Intercept Depth
137.95 m

Classification

Program
exploration
Sample Type
drill
Group ID
26MN-086:137.95-183.18

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-06-08T00:00:00.000Z

Reasoning: Moderate grade over a significant width.

Positive factors

  • Wide intercept

Evidence · text

“1.27 g/t gold over 45.23 metres ("m") from 137.95 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

26MN-086Manhattan District · goldGrade: 2.4Grade Unit: g/tIntercept: 7.47 mView all details
Link to this fact

Identity

Hole ID
26MN-086
Project
Manhattan District
Commodity
gold
Region
usa_nv
Reported Region
usa_nv
Ticker
SGN

Geometry

Grade
2.4
Grade Unit
g/t
Intercept
7.47 m
From
160.26 m
To
167.73 m
Intercept Depth
160.26 m

Classification

Program
exploration
Sample Type
drill
Group ID
26MN-086:160.26-167.73

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-06-08T00:00:00.000Z

Reasoning: Higher grade internal intercept.

Positive factors

  • Higher grade segment

Evidence · text

“2.40 g/t gold over 7.47 m from 160.26 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

26MN-086Manhattan District · goldGrade: 8.06Grade Unit: g/tIntercept: 2.8 mView all details
Link to this fact

Identity

Hole ID
26MN-086
Project
Manhattan District
Commodity
gold
Region
usa_nv
Reported Region
usa_nv
Ticker
SGN

Geometry

Grade
8.06
Grade Unit
g/t
Intercept
2.8 m
From
172.31 m
To
175.11 m
Intercept Depth
172.31 m

Classification

Program
exploration
Sample Type
drill
Group ID
26MN-086:172.31-175.11

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-06-08T00:00:00.000Z

Reasoning: Strong grade intercept, though narrow.

Positive factors

  • High grade intercept

Evidence · text

“8.06 g/t gold over 2.80 m from 172.31 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

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.