Scorpio Gold Drills 25.02 Metres Grading 0.76 g/t Gold, from 138.35 Metres Along the Reliance Trend 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 12:30:36 UTC

Analysis by Minestarters Atlas

Minestarters Atlas analysis

Summary

Scorpio Gold Corp. has announced drill results from its Manhattan project in Nevada, highlighted by hole 25MN-036 which returned 0.76 g/t gold over 25.02 metres. The company also noted that 12 additional holes have been completed and are currently awaiting assay results.

Reasoning: The release reports a single moderate-width intercept of 0.76 g/t gold. While the grade is not exceptional, it demonstrates continuity along the Reliance Trend. A significant portion of the program (12 holes) is still pending assays, which limits the immediate impact of the news.

Positive factors

  • continuous mineralization reported in intercept

Negative factors

  • grade is relatively low for underground targets

Facts used in scoring: 2

Classification and evidence

Infill Drillingneutral

Confirmatory drilling to raise resource confidence, not new discovery.

Why it applies: The results are part of an ongoing 2025 drilling program at an existing district.

Evidence · text

“results from three holes from its 2025 drilling program at the Manhattan”

Extracted facts

Stored fact records: 2. Some facts used in scoring do not have a stored record.

Drill Results (2)

25MN-036Manhattan · goldGrade: 0.76Grade Unit: g/tIntercept: 25.02 mView all details
Link to this fact

Identity

Hole ID
25MN-036
Project
Manhattan
Commodity
gold
Region
usa_nv
Reported Region
usa_nv
Ticker
SGN

Geometry

Grade
0.76
Grade Unit
g/t
Intercept
25.02 m
From
138.35 m
To
163.37 m
Intercept Depth
138.35 m

Classification

Program
exploration
Sample Type
drill
Group ID
25MN-036:138.35-163.37
Mining Method
unknown

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-01-23T00:00:00.000Z

Reasoning: Moderate width intercept at a modest gold grade.

Evidence · text

“Hole 25MN-036 returned 0.76 g/t gold over 25.02 metres”

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-036Manhattan · goldGrade: 2.23Grade Unit: g/tIntercept: 7.47 mView all details
Link to this fact

Identity

Hole ID
25MN-036
Project
Manhattan
Commodity
gold
Region
usa_nv
Reported Region
usa_nv
Ticker
SGN

Geometry

Grade
2.23
Grade Unit
g/t
Intercept
7.47 m

Classification

Program
exploration
Sample Type
drill
Mining Method
unknown

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-01-23T00:00:00.000Z

Reasoning: Higher grade sub-interval within the main intercept.

Evidence · text

“including 2.23 g/t gold over 7.47 metres”

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.