# Scorpio Gold Drills 2.56 g/t Gold over 13.38 Metres from 293.28 Metres Within Manhattan Caldera, at Black Mammoth

Canonical Atlas analysis: https://atlas-extractions.minestarters.com/news/scorpio-gold-drills-2-56-g-t-gold-over-13-38-metres-from-293-28-metres-within-ma--001d593c-ac72-41a5-8a89-d63151079d6a

Original source: https://finance.yahoo.com/markets/commodities/articles/scorpio-gold-drills-2-56-090000397.html

Publisher: yahoo\_press

Original announcement: 2026-06-24T09:00:00.000Z

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 12:13:25 UTC

Narrative sentiment: 0.60 · Bullish

## Minestarters Atlas 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 factor: Significant gold intercept reported

- Positive factor: High-grade sub-interval identified

- Positive factor: Mineralization hosted in volcanic units similar to Round Mountain

Facts used in scoring: 3

## Classification and evidence

**Step-Out Extension**

Polarity: positive

Definition: 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 Play**

Polarity: neutral

Definition: 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-096

[Link to this fact](https://atlas-extractions.minestarters.com/news/scorpio-gold-drills-2-56-g-t-gold-over-13-38-metres-from-293-28-metres-within-ma--001d593c-ac72-41a5-8a89-d63151079d6a#fact-drill-facts-0)

Black Mammoth · gold

#### 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 factor: 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 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

**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-096 returned, at Black Mammoth:2.56 g/t gold over 13.38 metres \("m"\) from 293.28 m, including 8.38 g"

### 26MN-096

[Link to this fact](https://atlas-extractions.minestarters.com/news/scorpio-gold-drills-2-56-g-t-gold-over-13-38-metres-from-293-28-metres-within-ma--001d593c-ac72-41a5-8a89-d63151079d6a#fact-drill-facts-1)

Black Mammoth · gold

#### 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 factor: 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 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

**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-096 returned, at Black Mammoth:2.56 g/t gold over 13.38 metres \("m"\) from 293.28 m, including 8.38 g"

### 26MN-053

[Link to this fact](https://atlas-extractions.minestarters.com/news/scorpio-gold-drills-2-56-g-t-gold-over-13-38-metres-from-293-28-metres-within-ma--001d593c-ac72-41a5-8a89-d63151079d6a#fact-drill-facts-2)

Black Mammoth · gold

#### 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 factor: 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 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

**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-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.