# Scorpio Gold Drills 0.62 g/t Gold over 62.21 Metres from 230.43 Metres Within Manhattan Caldera, at Black Mammoth

Canonical Atlas analysis: https://atlas-staging.minestarters.com/news/scorpio-gold-drills-0-62-g-t-gold-over-62-21-metres-from-230-43-metres-within-ma--ea933210-d75b-4ae9-a339-afbb950afdc9

Original source: https://finance.yahoo.com/markets/commodities/articles/scorpio-gold-drills-0-62-090000416.html

Publisher: yahoo\_press

Original announcement: 2026-05-07T09:00:00.000Z

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 23:19:58 UTC

Narrative sentiment: 0.60 · Bullish

## Minestarters Atlas 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 factor: high-grade intercept in 26MN-072

- Positive factor: significant width in 26MN-069

Facts used in scoring: 4

## Classification and evidence

**Bonanza Intercept**

Polarity: positive

Definition: 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-069

[Link to this fact](https://atlas-staging.minestarters.com/news/scorpio-gold-drills-0-62-g-t-gold-over-62-21-metres-from-230-43-metres-within-ma--ea933210-d75b-4ae9-a339-afbb950afdc9#fact-drill-facts-0)

Black Mammoth · gold

#### 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 factor: significant width

Evidence · text

> 0.62 g/t gold over 62.21 metres \("m"\) from 230.43 m

### 26MN-069

[Link to this fact](https://atlas-staging.minestarters.com/news/scorpio-gold-drills-0-62-g-t-gold-over-62-21-metres-from-230-43-metres-within-ma--ea933210-d75b-4ae9-a339-afbb950afdc9#fact-drill-facts-1)

Black Mammoth · gold

#### 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 factor: high-grade sub-interval

Evidence · text

> including 3.17 g/t gold over 4.94 m from 236.92 m

### 26MN-072

[Link to this fact](https://atlas-staging.minestarters.com/news/scorpio-gold-drills-0-62-g-t-gold-over-62-21-metres-from-230-43-metres-within-ma--ea933210-d75b-4ae9-a339-afbb950afdc9#fact-drill-facts-2)

Black Mammoth · gold

#### 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 factor: strong grade

Evidence · text

> 6.04 g/t gold over 4.86 m from 308.23 m

### 26MN-072

[Link to this fact](https://atlas-staging.minestarters.com/news/scorpio-gold-drills-0-62-g-t-gold-over-62-21-metres-from-230-43-metres-within-ma--ea933210-d75b-4ae9-a339-afbb950afdc9#fact-drill-facts-3)

Black Mammoth · gold

#### 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 factor: 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.