Scorpio Gold Announces Further Drill Results from 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
2026-08-21 03:37:24 UTC

Analysis by Minestarters Atlas

Minestarters Atlas analysis

Summary

Scorpio Gold has reported drill results from its Manhattan District in Nevada, including a 7.38m intercept at 2.21 g/t gold. The results indicate mineralization extending outside the current Inferred Mineral Resource boundary.

Reasoning: Drill results show continuity and extension beyond the existing Inferred Mineral Resource constraining pit, though grades are moderate.

Positive factors

  • extension of mineralization outside existing resource

Negative factors

  • grades are moderate

Facts used in scoring: 3

Atlas analysis — Scorpio Gold Corp.: Scorpio Gold Announces Further Drill Results from Manhattan District, Nevada. 2.21 g/t over 7.38 m; 1.34 g/t over 8.85 m; 0.54 g/t over 20.54 m

Classification and evidence

Step-Out Extensionpositive

Mineralization extended beyond the previously known limit.

Why it applies: Intervals located outside of the existing Inferred Mineral Resource constraining pit.

Evidence · text

“Numerous intervals located outside of the existing Inferred Mineral Resource constraining pit”

Extracted facts

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

Drill Results (3)

25MN-030Manhattan District · goldGrade: 2.21Grade Unit: g/tIntercept: 7.38 mView all details
Link to this fact

Identity

Hole ID
25MN-030
Project
Manhattan District
Commodity
gold
Region
usa_nv
Reported Region
Nevada
Ticker
SGN

Geometry

Grade
2.21
Grade Unit
g/t
Intercept
7.38 m

Classification

Program
exploration
Sample Type
drill

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2025-12-30T00:00:00.000Z

Reasoning: 2.21 g/t gold over 7.38m is a solid exploration intercept.

Positive factors

  • strong grade for exploration

Evidence · text

“Hole 25MN-030 returned 2.21 g/t gold over 7.38 metres.”
25MN-031Manhattan District · goldGrade: 0.54Grade Unit: g/tIntercept: 20.54 mView all details
Link to this fact

Identity

Hole ID
25MN-031
Project
Manhattan District
Commodity
gold
Region
usa_nv
Reported Region
Nevada
Ticker
SGN

Geometry

Grade
0.54
Grade Unit
g/t
Intercept
20.54 m

Classification

Program
exploration
Sample Type
drill

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2025-12-30T00:00:00.000Z

Reasoning: Wide intercept of 20.54m provides continuity but at a lower grade.

Positive factors

  • significant width

Negative factors

  • low grade

Evidence · text

“Hole 25MN-031 returned 0.54 g/t gold over 20.54 metres”
25MN-031Manhattan District · goldGrade: 1.34Grade Unit: g/tIntercept: 8.85 mView all details
Link to this fact

Identity

Hole ID
25MN-031
Project
Manhattan District
Commodity
gold
Region
usa_nv
Reported Region
Nevada
Ticker
SGN

Geometry

Grade
1.34
Grade Unit
g/t
Intercept
8.85 m

Classification

Program
exploration
Sample Type
drill

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2025-12-30T00:00:00.000Z

Reasoning: Higher grade portion of the 25MN-031 intercept.

Positive factors

  • higher grade sub-interval

Evidence · text

“including 1.34 g/t gold over 8.85 metres”

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.