# Scorpio Gold Announces Commencement of Drilling at April Fool; Target Grab Samples Return Up To 59 g/t Gold Canonical Atlas analysis: https://atlas-staging.minestarters.com/news/scorpio-gold-announces-commencement-of-drilling-at-april-fool-target-grab-sample--4a757905-c71d-47d4-b0e7-ff3b778e51cd Original source: https://www.newsfilecorp.com/release/316599/Scorpio-Gold-Announces-Commencement-of-Drilling-at-April-Fool-Target-Grab-Samples-Return-Up-To-59-gt-Gold Publisher: newsfile Original announcement: 2026-10-01T09:00:00.000Z Analysis by Minestarters Atlas Atlas analysis published: 2026-10-01T09:52:24.530Z Atlas analysis updated: 2026-10-01T09:52:24.530Z - Company: Scorpio Gold Corporation - Ticker: SGLD - Exchange: Unavailable - Region: Nevada - Primary commodity: Gold - Secondary commodities: None reported - Document categories: Other, Drill results - Extracted: 2026-10-01 09:52:25 UTC Narrative sentiment: 0.60 · Bullish ## Minestarters Atlas summary Scorpio Gold has commenced a systematic diamond drill program at its April Fool Target, following encouraging surface sampling results. Selective grab samples returned high-grade gold, including a peak of 59 g/t, from a geological setting analogous to the company's successful Zanzibar Trend. This drilling aims to test the vertical extent and continuity of mineralization beneath historic workings, with initial assay results expected by the end of October. Reasoning: Scorpio Gold's commencement of systematic drilling at the April Fool Target, driven by high-grade gold grab samples and a strong geological analogy to the successful Zanzibar Trend, indicates significant exploration potential. While surface samples are selective and QA/QC was limited for these specific samples, the overall geological context and planned drilling provide a positive outlook for future discoveries. - Positive factor: High-grade surface samples - Positive factor: Commencement of systematic drilling - Positive factor: Strong geological analogy to successful Zanzibar Trend - Positive factor: Well-constrained geological model - Positive factor: QP/CP Signed - Negative factor: Surface samples are selective and not representative of overall mineralization - Negative factor: Limited QA/QC for surface samples \(only one blank\) - Negative factor: No true width stated for historical drill results - Negative factor: Historical drill results are re-released for context, not new information Facts used in scoring: 53 ## Classification and evidence No classification tags are available. ## Extracted facts Stored fact records: 5. Some facts used in scoring do not have a stored record. ## Drill Results (5) ### 25MN-044 [Link to this fact](https://atlas-staging.minestarters.com/news/scorpio-gold-announces-commencement-of-drilling-at-april-fool-target-grab-sample--4a757905-c71d-47d4-b0e7-ff3b778e51cd#fact-drill-facts-48) Manhattan · gold Historical result Needs review: historical\_restatement #### Identity - Hole ID: 25MN-044 - Project: Manhattan - Commodity: gold - Region: usa\_nv - Reported Region: usa\_nv - Ticker: SGLD #### Geometry - Grade: 3.14 - Grade Unit: g/t - Intercept: 49.62 m - From: 59.95 m - To: 109.57 m - Intercept Depth: 59.95 m #### Classification - Deposit Type: epithermal - Program: exploration - Sample Type: drill - Group ID: 25MN-044:59.95-109.57 - Mining Method: unknown #### QA/QC - QA/QC Disclosed: Yes - Lab Certified: Yes - QP Signed: Yes - QA/QC Methods: standards, blanks, duplicates #### Review - Needs Review: Yes - Review Reason: historical\_restatement - Interp. Status: scored - Historical: Yes - Historical Source Date: 2026-02-19T00:00:00.000Z #### Dates - Event date: 2026-10-01T00:00:00.000Z Reasoning: Strong historical drill intercept with good grade and significant width, providing context for the April Fool target's potential. - Positive factor: High-grade intercept - Positive factor: Significant width - Negative factor: Stale data re-release - Negative factor: Apparent width only Evidence · text > 3.14 g/t gold over 49.62 m \(25MN-044\) Context: 59.95 m #### Tags used in scoring **QA/QC Disclosed** Polarity: positive Definition: Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods \(blanks, standards, duplicates\). Why it applies: qaqc\_disclosed is 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 #### Rejected tags **Stale Data Re-release** — Rejected; excluded from scoring Polarity: negative Definition: Historical results re-announced with no new assays or reinterpretation — low genuine novelty. Reason: This is a previously reported historical drill result, not new information from this release. Evidence · text > see news release dated February 19, 2026 **Apparent Width Only** — Rejected; excluded from scoring Polarity: negative Definition: Interval given as downhole width with no true width or drill orientation — apparent width may overstate true thickness. Reason: The reported interval is a downhole length, and true width is not estimated. Evidence · text > Reported intervals are downhole lengths; there is insufficient geological information to estimate true widths ### 26MN-067 [Link to this fact](https://atlas-staging.minestarters.com/news/scorpio-gold-announces-commencement-of-drilling-at-april-fool-target-grab-sample--4a757905-c71d-47d4-b0e7-ff3b778e51cd#fact-drill-facts-49) Manhattan · gold Historical result Needs review: historical\_restatement #### Identity - Hole ID: 26MN-067 - Project: Manhattan - Commodity: gold - Region: usa\_nv - Reported Region: usa\_nv - Ticker: SGLD #### Geometry - Grade: 12.78 - Grade Unit: g/t - Intercept: 5.91 m - From: 134.51 m - To: 140.42 m - Intercept Depth: 134.51 m #### Classification - Deposit Type: epithermal - Program: exploration - Sample Type: drill - Group ID: 26MN-067:134.51-140.42 - Mining Method: unknown #### QA/QC - QA/QC Disclosed: Yes - Lab Certified: Yes - QP Signed: Yes - QA/QC Methods: standards, blanks, duplicates #### Review - Needs Review: Yes - Review Reason: historical\_restatement - Interp. Status: scored - Historical: Yes - Historical Source Date: 2026-05-05T00:00:00.000Z #### Dates - Event date: 2026-10-01T00:00:00.000Z Reasoning: Strong historical drill intercept with high grade, providing context for the April Fool target's potential. - Positive factor: High-grade intercept - Negative factor: Stale data re-release - Negative factor: Apparent width only Evidence · text > 12.78 g/t gold over 5.91 m \(26MN-067\) Context: 134.51 m #### Tags used in scoring **QA/QC Disclosed** Polarity: positive Definition: Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods \(blanks, standards, duplicates\). Why it applies: qaqc\_disclosed is 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 #### Rejected tags **Stale Data Re-release** — Rejected; excluded from scoring Polarity: negative Definition: Historical results re-announced with no new assays or reinterpretation — low genuine novelty. Reason: This is a previously reported historical drill result, not new information from this release. Evidence · text > see news release dated May 5, 2026 **Apparent Width Only** — Rejected; excluded from scoring Polarity: negative Definition: Interval given as downhole width with no true width or drill orientation — apparent width may overstate true thickness. Reason: The reported interval is a downhole length, and true width is not estimated. Evidence · text > Reported intervals are downhole lengths; there is insufficient geological information to estimate true widths ### 26MN-063 [Link to this fact](https://atlas-staging.minestarters.com/news/scorpio-gold-announces-commencement-of-drilling-at-april-fool-target-grab-sample--4a757905-c71d-47d4-b0e7-ff3b778e51cd#fact-drill-facts-50) Manhattan · gold Historical result Needs review: historical\_restatement #### Identity - Hole ID: 26MN-063 - Project: Manhattan - Commodity: gold - Region: usa\_nv - Reported Region: usa\_nv - Ticker: SGLD #### Geometry - Grade: 2.1 - Grade Unit: g/t - Intercept: 22.25 m - From: 34.14 m - To: 56.39 m - Intercept Depth: 34.14 m #### Classification - Deposit Type: epithermal - Program: exploration - Sample Type: drill - Group ID: 26MN-063:34.14-56.39 - Mining Method: unknown #### QA/QC - QA/QC Disclosed: Yes - Lab Certified: Yes - QP Signed: Yes - QA/QC Methods: standards, blanks, duplicates #### Review - Needs Review: Yes - Review Reason: historical\_restatement - Interp. Status: scored - Historical: Yes - Historical Source Date: 2026-04-16T00:00:00.000Z #### Dates - Event date: 2026-10-01T00:00:00.000Z Reasoning: Strong historical drill intercept with good grade and width, providing context for the April Fool target's potential. - Positive factor: High-grade intercept - Positive factor: Significant width - Negative factor: Stale data re-release - Negative factor: Apparent width only Evidence · text > 2.10 g/t gold over 22.25 m from 34.14 m in hole 26MN-063 #### Tags used in scoring **QA/QC Disclosed** Polarity: positive Definition: Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods \(blanks, standards, duplicates\). Why it applies: qaqc\_disclosed is 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 #### Rejected tags **Stale Data Re-release** — Rejected; excluded from scoring Polarity: negative Definition: Historical results re-announced with no new assays or reinterpretation — low genuine novelty. Reason: This is a previously reported historical drill result, not new information from this release. Evidence · text > April 16, 2026 **Apparent Width Only** — Rejected; excluded from scoring Polarity: negative Definition: Interval given as downhole width with no true width or drill orientation — apparent width may overstate true thickness. Reason: The reported interval is a downhole length, and true width is not estimated. Evidence · text > Reported intervals are downhole lengths; there is insufficient geological information to estimate true widths ### 26MN-066 [Link to this fact](https://atlas-staging.minestarters.com/news/scorpio-gold-announces-commencement-of-drilling-at-april-fool-target-grab-sample--4a757905-c71d-47d4-b0e7-ff3b778e51cd#fact-drill-facts-51) Manhattan · gold Historical result Needs review: historical\_restatement #### Identity - Hole ID: 26MN-066 - Project: Manhattan - Commodity: gold - Region: usa\_nv - Reported Region: usa\_nv - Ticker: SGLD #### Geometry - Grade: 2.74 - Grade Unit: g/t - Intercept: 16.49 m - From: 45.45 m - To: 61.94 m - Intercept Depth: 45.45 m #### Classification - Deposit Type: epithermal - Program: exploration - Sample Type: drill - Group ID: 26MN-066:45.45-61.94 - Mining Method: unknown #### QA/QC - QA/QC Disclosed: Yes - Lab Certified: Yes - QP Signed: Yes - QA/QC Methods: standards, blanks, duplicates #### Review - Needs Review: Yes - Review Reason: historical\_restatement - Interp. Status: scored - Historical: Yes - Historical Source Date: 2026-04-28T00:00:00.000Z #### Dates - Event date: 2026-10-01T00:00:00.000Z Reasoning: Strong historical drill intercept with good grade and width, providing context for the April Fool target's potential. - Positive factor: High-grade intercept - Positive factor: Significant width - Negative factor: Stale data re-release - Negative factor: Apparent width only Evidence · text > 2.74 g/t gold over 16.49 m from 45.45 m in hole 26MN-066 #### Tags used in scoring **QA/QC Disclosed** Polarity: positive Definition: Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods \(blanks, standards, duplicates\). Why it applies: qaqc\_disclosed is 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 #### Rejected tags **Stale Data Re-release** — Rejected; excluded from scoring Polarity: negative Definition: Historical results re-announced with no new assays or reinterpretation — low genuine novelty. Reason: This is a previously reported historical drill result, not new information from this release. Evidence · text > April 28, 2026 **Apparent Width Only** — Rejected; excluded from scoring Polarity: negative Definition: Interval given as downhole width with no true width or drill orientation — apparent width may overstate true thickness. Reason: The reported interval is a downhole length, and true width is not estimated. Evidence · text > Reported intervals are downhole lengths; there is insufficient geological information to estimate true widths ### 26MN-071 [Link to this fact](https://atlas-staging.minestarters.com/news/scorpio-gold-announces-commencement-of-drilling-at-april-fool-target-grab-sample--4a757905-c71d-47d4-b0e7-ff3b778e51cd#fact-drill-facts-52) Manhattan · gold Historical result Needs review: historical\_restatement #### Identity - Hole ID: 26MN-071 - Project: Manhattan - Commodity: gold - Region: usa\_nv - Reported Region: usa\_nv - Ticker: SGLD #### Geometry - Grade: 2.68 - Grade Unit: g/t - Intercept: 11.34 m - From: 0.76 m - To: 12.1 m - Intercept Depth: 0.76 m #### Classification - Deposit Type: epithermal - Program: exploration - Sample Type: drill - Group ID: 26MN-071:0.76-12.1 - Mining Method: unknown #### QA/QC - QA/QC Disclosed: Yes - Lab Certified: Yes - QP Signed: Yes - QA/QC Methods: standards, blanks, duplicates #### Review - Needs Review: Yes - Review Reason: historical\_restatement - Interp. Status: scored - Historical: Yes - Historical Source Date: 2026-05-21T00:00:00.000Z #### Dates - Event date: 2026-10-01T00:00:00.000Z Reasoning: Strong historical drill intercept with good grade and near-surface mineralization, providing context for the April Fool target's potential. - Positive factor: High-grade intercept - Positive factor: Near surface mineralization - Negative factor: Stale data re-release - Negative factor: Apparent width only Evidence · text > 2.68 g/t gold over 11.34 m from 0.76 m #### Tags used in scoring **QA/QC Disclosed** Polarity: positive Definition: Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods \(blanks, standards, duplicates\). Why it applies: qaqc\_disclosed is 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 #### Rejected tags **Stale Data Re-release** — Rejected; excluded from scoring Polarity: negative Definition: Historical results re-announced with no new assays or reinterpretation — low genuine novelty. Reason: This is a previously reported historical drill result, not new information from this release. Evidence · text > May 21, 2026 **Apparent Width Only** — Rejected; excluded from scoring Polarity: negative Definition: Interval given as downhole width with no true width or drill orientation — apparent width may overstate true thickness. Reason: The reported interval is a downhole length, and true width is not estimated. Evidence · text > Reported intervals are downhole lengths; there is insufficient geological information to estimate true widths ## 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.