Scorpio Gold Drills 0.62 g/t Gold over 62.21 Metres from 230.43 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 23:19:58 UTC

Analysis by Minestarters Atlas

Minestarters Atlas analysis

Summary

Scorpio Gold reported significant gold drill results at the Black Mammoth project, including a 62.21 m wide interval at 0.62 g/t Au and a high-grade 4.86 m intercept at 6.04 g/t Au. The mineralization is hosted within the Manhattan Caldera volcanics, a setting similar to the Round Mountain Gold Mine.

Reasoning: Strong high-grade intercept (15.99 g/t Au) and a significant wide interval (62.21 m) demonstrate mineralization continuity within the Manhattan Caldera.

Positive factors

  • high-grade intercept in 26MN-072
  • significant width in 26MN-069

Facts used in scoring: 4

Classification and evidence

Bonanza Interceptpositive

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

Why it applies: 15.99 g/t gold exceeds the exceptional threshold for gold.

Evidence · text

“15.99 g/t gold over 1.78 m”

Extracted facts

Stored fact records: 4. Some facts used in scoring do not have a stored record.

Drill Results (4)

26MN-069Black Mammoth · goldGrade: 0.62Grade Unit: g/tIntercept: 62.21 mView all details
Link to this fact

Identity

Hole ID
26MN-069
Project
Black Mammoth
Commodity
gold
Ticker
SGN

Geometry

Grade
0.62
Grade Unit
g/t
Intercept
62.21 m
From
230.43 m

Classification

Sample Type
drill
Group ID
26MN-069:230.43-292.64

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-05-07T00:00:00.000Z

Reasoning: Wide interval of 62.21 m provides good continuity signal.

Positive factors

  • significant width

Evidence · text

“0.62 g/t gold over 62.21 metres ("m") from 230.43 m”
26MN-069Black Mammoth · goldGrade: 3.17Grade Unit: g/tIntercept: 4.94 mView all details
Link to this fact

Identity

Hole ID
26MN-069
Project
Black Mammoth
Commodity
gold
Ticker
SGN

Geometry

Grade
3.17
Grade Unit
g/t
Intercept
4.94 m
From
236.92 m

Classification

Sample Type
drill
Group ID
26MN-069:236.92-241.86

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-05-07T00:00:00.000Z

Reasoning: Stronger grade within the larger mineralized zone.

Positive factors

  • high-grade sub-interval

Evidence · text

“including 3.17 g/t gold over 4.94 m from 236.92 m”
26MN-072Black Mammoth · goldGrade: 6.04Grade Unit: g/tIntercept: 4.86 mView all details
Link to this fact

Identity

Hole ID
26MN-072
Project
Black Mammoth
Commodity
gold
Ticker
SGN

Geometry

Grade
6.04
Grade Unit
g/t
Intercept
4.86 m
From
308.23 m

Classification

Sample Type
drill
Group ID
26MN-072:308.23-313.09

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-05-07T00:00:00.000Z

Reasoning: High-grade intercept significantly above moderate thresholds.

Positive factors

  • strong grade

Evidence · text

“6.04 g/t gold over 4.86 m from 308.23 m”
26MN-072Black Mammoth · goldGrade: 15.99Grade Unit: g/tIntercept: 1.78 mView all details
Link to this fact

Identity

Hole ID
26MN-072
Project
Black Mammoth
Commodity
gold
Ticker
SGN

Geometry

Grade
15.99
Grade Unit
g/t
Intercept
1.78 m
From
308.23 m

Classification

Sample Type
drill
Group ID
26MN-072:308.23-310.01

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-05-07T00:00:00.000Z

Reasoning: Exceptional grade intercept.

Positive factors

  • bonanza grade

Evidence · text

“including 15.99 g/t gold over 1.78 m from 308.23 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.