# Scorpio Gold Drills 6.95 g/t Gold over 11.98 Metres from 242.99 Metres Within Caldera Volcanics

Canonical Atlas analysis: https://atlas-extractions.minestarters.com/news/scorpio-gold-drills-6-95-g-t-gold-over-11-98-metres-from-242-99-metres-within-ca--55d20c2e-ef6f-4eae-9ac5-e521e705484f

Original source: https://finance.yahoo.com/markets/commodities/articles/scorpio-gold-drills-6-95-090000713.html

Publisher: yahoo\_press

Original announcement: 2026-06-09T09:00:00.000Z

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 12:13:55 UTC

Narrative sentiment: 0.80 · Bullish

## Minestarters Atlas summary

Scorpio Gold reported a high-grade gold intercept of 6.95 g/t Au over 11.98 m at the Goldwedge target. The drill hole also included a bonanza-style interval of 65.99 g/t Au over 1.16 m, providing proof of concept for Round Mountain style mineralization within the Manhattan Caldera.

Reasoning: Strong gold intercept of 6.95 g/t over ~12m with a high-grade bonanza sub-interval confirms mineralization style in a previously discounted zone.

- Positive factor: High-grade gold intercept

- Positive factor: Bonanza-style sub-interval

- Positive factor: Proof of concept for mineralization style

- Positive factor: Opens new exploration area

Facts used in scoring: 2

## Classification and evidence

**Bonanza Intercept**

Polarity: positive

Definition: Exceptionally high-grade zone, well above the deposit-type norm.

Why it applies: 65.99 g/t gold over 1.16 m is exceptionally high grade for the context.

Evidence · text

> 65.99 g/t gold over 1.16 m

**Step-Out Extension**

Polarity: positive

Definition: Mineralization extended beyond the previously known limit.

Why it applies: Opens approximately 5 sq. km of previously discounted caldera volcanics.

Evidence · text

> Opens approximately 5 sq. km of previously discounted caldera volcanics

## Extracted facts

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

## Drill Results (2)

### 26MN-091

[Link to this fact](https://atlas-extractions.minestarters.com/news/scorpio-gold-drills-6-95-g-t-gold-over-11-98-metres-from-242-99-metres-within-ca--55d20c2e-ef6f-4eae-9ac5-e521e705484f#fact-drill-facts-0)

Goldwedge · gold

#### Identity

- Hole ID: 26MN-091
- Project: Goldwedge
- Commodity: gold
- Ticker: SGN

#### Geometry

- Grade: 6.95
- Grade Unit: g/t
- Intercept: 11.98 m
- From: 242.99 m
- To: 254.97 m
- Intercept Depth: 242.99 m

#### Classification

- Sample Type: drill
- Group ID: 26MN-091:242.99-254.97

#### Review

- Needs Review: No
- Interp. Status: scored
- Historical: No

#### Dates

- Event date: 2026-06-09T00:00:00.000Z

Reasoning: High grade intercept confirming mineralization style.

- Positive factor: Strong grade and width

Evidence · text

> 6.95 g/t gold over 11.98 metres \("m"\) from 242.99 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

### 26MN-091

[Link to this fact](https://atlas-extractions.minestarters.com/news/scorpio-gold-drills-6-95-g-t-gold-over-11-98-metres-from-242-99-metres-within-ca--55d20c2e-ef6f-4eae-9ac5-e521e705484f#fact-drill-facts-1)

Goldwedge · gold

#### Identity

- Hole ID: 26MN-091
- Project: Goldwedge
- Commodity: gold
- Ticker: SGN

#### Geometry

- Grade: 65.99
- Grade Unit: g/t
- Intercept: 1.16 m
- From: 250.76 m
- To: 251.92 m
- Intercept Depth: 242.99 m

#### Classification

- Sample Type: drill
- Group ID: 26MN-091:250.76-251.92

#### Review

- Needs Review: No
- Interp. Status: scored
- Historical: No

#### Dates

- Event date: 2026-06-09T00:00:00.000Z

Reasoning: Very high grade sub-interval.

- Positive factor: Bonanza grade

Evidence · text

> 65.99 g/t gold over 1.16 m from 250.76 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

## 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.