# Scorpio Gold Drills 0.58 g/t Gold over 18.04 Metres from 311.05 Metres Within Manhattan Caldera, at Black Mammoth

Canonical Atlas analysis: https://atlas-staging.minestarters.com/news/scorpio-gold-drills-0-58-g-t-gold-over-18-04-metres-from-311-05-metres-within-ma--d424b301-3d6f-4a45-899d-fef9022ffe72

Original source: https://finance.yahoo.com/markets/commodities/articles/scorpio-gold-drills-0-58-090000556.html

Publisher: yahoo\_press

Original announcement: 2026-06-02T09:00:00.000Z

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: 2026-08-20 22:11:00 UTC

Narrative sentiment: 0.10 · Bullish

## Minestarters Atlas 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 factor: mineralization continuity

- Negative factor: low grade

Facts used in scoring: 2

## Classification and evidence

**Infill Drilling**

Polarity: neutral

Definition: 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-078

[Link to this fact](https://atlas-staging.minestarters.com/news/scorpio-gold-drills-0-58-g-t-gold-over-18-04-metres-from-311-05-metres-within-ma--d424b301-3d6f-4a45-899d-fef9022ffe72#fact-drill-facts-0)

Black Mammoth · gold

#### 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 factor: significant width

- Negative factor: low grade

Evidence · text

> 0.58 g/t gold over 18.04 metres \("m"\) from 311.05 m

### 26MN-088

[Link to this fact](https://atlas-staging.minestarters.com/news/scorpio-gold-drills-0-58-g-t-gold-over-18-04-metres-from-311-05-metres-within-ma--d424b301-3d6f-4a45-899d-fef9022ffe72#fact-drill-facts-1)

Black Mammoth · gold

#### 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 factor: significant width

- Negative factor: 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.