Scorpio Gold Drills 2.56 g/t Gold over 13.38 Metres from 293.28 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 12:13:25 UTC
Analysis by Minestarters Atlas
Minestarters Atlas analysis
Summary
Scorpio Gold has reported significant gold drill results from the Black Mammoth project, highlighted by an intercept of 2.56 g/t gold over 13.38 metres in hole 26MN-096. The mineralization is hosted within the Manhattan Caldera volcanics, a setting the company compares to the Round Mountain Gold Mine.
Reasoning: The announcement reports a solid gold intercept of 2.56 g/t over 13.38m, including a high-grade 8.38 g/t sub-interval, within a volcanically hosted caldera setting.
Positive factors
- Significant gold intercept reported
- High-grade sub-interval identified
- Mineralization hosted in volcanic units similar to Round Mountain
Facts used in scoring: 3
Classification and evidence
Step-Out Extensionpositive
Mineralization extended beyond the previously known limit.
Why it applies: The results demonstrate mineralization within the Manhattan Caldera volcanics.
Evidence · text
“Significant mineralization, found in multiple holes, including 26MN-096, is hosted within volcanics of the Manhattan Caldera”
Nearology Playneutral
Value premise rests on proximity to a known deposit rather than own results.
Why it applies: The company compares the geological setting to the Round Mountain Gold Mine.
Evidence · text
“like the setting at the Round Mountain Gold Mine”
Extracted facts
Stored fact records: 3. Some facts used in scoring do not have a stored record.
Drill Results (3)
26MN-096Black Mammoth · goldGrade: 2.56Grade Unit: g/tIntercept: 13.38 mView all detailsHide details
Identity
- Hole ID
- 26MN-096
- Project
- Black Mammoth
- Commodity
- gold
- Ticker
- SGN
Geometry
- Grade
- 2.56
- Grade Unit
- g/t
- Intercept
- 13.38 m
- From
- 293.28 m
- To
- 306.66 m
- Intercept Depth
- 293.28 m
Classification
- Sample Type
- drill
- Group ID
- 26MN-096:293.28-306.66
Review
- Needs Review
- No
- Interp. Status
- scored
- Historical
- No
Dates
- Event date
- 2026-06-24T00:00:00.000Z
Reasoning: Solid gold intercept reported.
Positive factors
- Strong grade and width
Evidence · text
“2.56 g/t gold over 13.38 metres ("m") from 293.28 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
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-096 returned, at Black Mammoth:2.56 g/t gold over 13.38 metres ("m") from 293.28 m, including 8.38 g"
26MN-096Black Mammoth · goldGrade: 8.38Grade Unit: g/tIntercept: 3.84 mView all detailsHide details
Identity
- Hole ID
- 26MN-096
- Project
- Black Mammoth
- Commodity
- gold
- Ticker
- SGN
Geometry
- Grade
- 8.38
- Grade Unit
- g/t
- Intercept
- 3.84 m
- From
- 298.95 m
- To
- 302.79 m
- Intercept Depth
- 298.95 m
Classification
- Sample Type
- drill
- Group ID
- 26MN-096:298.95-302.79
Review
- Needs Review
- No
- Interp. Status
- scored
- Historical
- No
Dates
- Event date
- 2026-06-24T00:00:00.000Z
Reasoning: High-grade intercept within the main interval.
Positive factors
- High-grade sub-interval
Evidence · text
“including 8.38 g/t gold over 3.84 m from 298.95 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
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-096 returned, at Black Mammoth:2.56 g/t gold over 13.38 metres ("m") from 293.28 m, including 8.38 g"
26MN-053Black Mammoth · goldGrade: 0.75Grade Unit: g/tIntercept: 24.69 mView all detailsHide details
Identity
- Hole ID
- 26MN-053
- Project
- Black Mammoth
- Commodity
- gold
- Ticker
- SGN
Geometry
- Grade
- 0.75
- Grade Unit
- g/t
- Intercept
- 24.69 m
- From
- 230.12 m
- To
- 254.81 m
- Intercept Depth
- 230.12 m
Classification
- Sample Type
- drill
- Group ID
- 26MN-053:230.12-254.81
Review
- Needs Review
- No
- Interp. Status
- scored
- Historical
- No
Dates
- Event date
- 2026-06-24T00:00:00.000Z
Reasoning: Broad low-grade intercept.
Positive factors
- Wide intercept
Evidence · text
“0.75 g/t gold over 24.69 m from 230.12 m (26MN-053)”
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
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-096 returned, at Black Mammoth:2.56 g/t gold over 13.38 metres ("m") from 293.28 m, including 8.38 g"
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.