Scorpio Gold Drills 0.58 g/t Gold over 18.04 Metres from 311.05 Metres Within Manhattan Caldera, at Black Mammoth
Original announcement by yahoo_press on
- Company
- Scorpio Gold
- Ticker
- SGN
- Exchange
- TSXV
- Region
- Unavailable
- Primary commodity
- Gold
- Secondary commodities
- None reported
- Document categories
- Drill results
- Extracted
- 2026-08-20 22:11:00 UTC
Analysis by Minestarters Atlas
Minestarters Atlas analysis
Summary
Scorpio Gold reported two drill intercepts at the Black Mammoth project, including 0.58 g/t gold over 18.04 metres. The mineralization is hosted within volcanics of the Manhattan Caldera.
Reasoning: The results show continuous but low-grade gold mineralization within the Manhattan Caldera, following up on previous holes.
Positive factors
- mineralization continuity
Negative factors
- low grade
Facts used in scoring: 2
Classification and evidence
Infill Drillingneutral
Confirmatory drilling to raise resource confidence, not new discovery.
Why it applies: Holes 26MN-078 and 26MN-088 follow up on previous Black Mammoth holes.
Evidence · text
“Holes 26MN-078 and 26MN-088 follow up on previous Black Mammoth holes”
Extracted facts
Stored fact records: 2. Some facts used in scoring do not have a stored record.
Drill Results (2)
26MN-078Black Mammoth · goldGrade: 0.58Grade Unit: g/tIntercept: 18.04 mView all detailsHide details
Identity
- Hole ID
- 26MN-078
- Project
- Black Mammoth
- Commodity
- gold
- Ticker
- SGN
Geometry
- Grade
- 0.58
- Grade Unit
- g/t
- Intercept
- 18.04 m
- From
- 311.05 m
Classification
- Sample Type
- drill
Review
- Needs Review
- No
- Interp. Status
- scored
- Historical
- No
Dates
- Event date
- 2026-06-02T00:00:00.000Z
Reasoning: 18.04m is a substantial width, but 0.58 g/t gold is considered weak/marginal grade.
Positive factors
- significant width
Negative factors
- low grade
Evidence · text
“0.58 g/t gold over 18.04 metres ("m") from 311.05 m”
26MN-088Black Mammoth · goldGrade: 0.35Grade Unit: g/tIntercept: 17.4 mView all detailsHide details
Identity
- Hole ID
- 26MN-088
- Project
- Black Mammoth
- Commodity
- gold
- Ticker
- SGN
Geometry
- Grade
- 0.35
- Grade Unit
- g/t
- Intercept
- 17.4 m
- From
- 185.96 m
Classification
- Sample Type
- drill
Review
- Needs Review
- No
- Interp. Status
- scored
- Historical
- No
Dates
- Event date
- 2026-06-02T00:00:00.000Z
Reasoning: The grade is very low (0.35 g/t), though the width is notable.
Positive factors
- significant width
Negative factors
- low grade
Evidence · text
“0.35 g/t gold over 17.4 m from 185.96 m”
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.