Scorpio Gold Drills 24.69 Metres Grading 0.75 g/t Gold, from 230.12 Metres at Black Mammoth, a 250 Metre Step-Out from Goldwedge, at the Manhattan District, Nevada

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 12:20:42 UTC

Analysis by Minestarters Atlas

Minestarters Atlas analysis

Summary

Scorpio Gold Corp. has announced drill results from its Phase Two program at the Manhattan District in Nevada. The results include several intercepts of gold, notably 1.25 g/t over 14.95m and 0.75 g/t over 24.69m, demonstrating step-out success at the Black Mammoth target.

Reasoning: The drill results show consistent gold intercepts over moderate widths in a step-out program, demonstrating continuity at the Black Mammoth target.

Positive factors

  • Step-out drilling successfully identified mineralisation
  • Consistent gold grades across multiple holes

Facts used in scoring: 3

Classification and evidence

Step-Out Extensionpositive

Mineralization extended beyond the previously known limit.

Why it applies: The results are from step-out holes 250m from the Goldwedge target.

Evidence · text

“a 250 Metre Step-Out from Goldwedge”

Infill Drillingneutral

Confirmatory drilling to raise resource confidence, not new discovery.

Why it applies: The program is described as Phase Two step-out and exploration drilling.

Evidence · text

“results from five step-out holes and one exploration hole”

Extracted facts

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

Drill Results (3)

25MN-049Manhattan · goldGrade: 1.25Grade Unit: g/tIntercept: 14.95 mView all details
Link to this fact

Identity

Hole ID
25MN-049
Project
Manhattan
Commodity
gold
Region
usa_nv
Reported Region
usa_nv
Ticker
SGN

Geometry

Grade
1.25
Grade Unit
g/t
Intercept
14.95 m
From
202.95 m
To
217.9 m
Intercept Depth
202.95 m

Classification

Program
exploration
Sample Type
drill
Group ID
25MN-049:202.95-217.9

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-03-19T00:00:00.000Z

Reasoning: Intercept of 1.25 g/t gold over ~15m is a solid result for an exploration step-out.

Positive factors

  • Strong grade for the target

Evidence · text

“Hole 25MN-049 returned 1.25 g/t gold over 14.95 metres ("m") from 202.95 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

25MN-052Manhattan · goldGrade: 1.05Grade Unit: g/tIntercept: 19.96 mView all details
Link to this fact

Identity

Hole ID
25MN-052
Project
Manhattan
Commodity
gold
Region
usa_nv
Reported Region
usa_nv
Ticker
SGN

Geometry

Grade
1.05
Grade Unit
g/t
Intercept
19.96 m
From
141.43 m
To
161.39 m
Intercept Depth
141.43 m

Classification

Program
exploration
Sample Type
drill
Group ID
25MN-052:141.43-161.39

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-03-19T00:00:00.000Z

Reasoning: Consistent gold mineralization confirmed over nearly 20m.

Positive factors

  • Good width and grade continuity

Evidence · text

“Hole 25MN-052 returned 1.05 g/t gold over 19.96 m from 141.43 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

25MN-053Manhattan · goldGrade: 0.75Grade Unit: g/tIntercept: 24.69 mView all details
Link to this fact

Identity

Hole ID
25MN-053
Project
Manhattan
Commodity
gold
Region
usa_nv
Reported Region
usa_nv
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

Program
exploration
Sample Type
drill
Group ID
25MN-053:230.12-254.81

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-03-19T00:00:00.000Z

Reasoning: While grade is lower, the 24.69m width demonstrates significant mineralized thickness.

Positive factors

  • Significant width

Evidence · text

“Hole 25MN-053 returned 0.75 g/t gold over 24.69 m from 230.12 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.