Scorpio Gold Drills 1.27 g/t Gold over 45.23 Metres from 137.95 Metres Along Caldera Margin at Goldwedge

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
2026-08-20 22:03:56 UTC

Analysis by Minestarters Atlas

Minestarters Atlas analysis

Summary

Scorpio Gold has reported significant drill results from its Manhattan District Project in Nevada, highlighted by a 45.23m intercept at 1.27 g/t gold. The results include high-grade sub-intervals of up to 8.06 g/t gold, demonstrating continuity along the Caldera Margin.

Reasoning: Strong continuous gold mineralization reported over a significant width (45.23m) in a step-out hole, including high-grade sub-intervals.

Positive factors

  • significant width
  • step-out extension

Facts used in scoring: 3

Classification and evidence

Step-Out Extensionpositive

Mineralization extended beyond the previously known limit.

Why it applies: The results are from three step-out holes of the Phase Two drill program.

Evidence · text

“results from three step-out holes of the Phase Two drill program”

Extracted facts

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

Drill Results (3)

26MN-086Manhattan District Project · goldGrade: 1.27Grade Unit: g/tIntercept: 45.23 mView all details
Link to this fact

Identity

Hole ID
26MN-086
Project
Manhattan District Project
Commodity
gold
Region
usa_nv
Reported Region
Nevada
Ticker
SGN

Geometry

Grade
1.27
Grade Unit
g/t
Intercept
45.23 m
From
137.95 m
To
183.18 m

Classification

Program
exploration
Sample Type
drill
Group ID
26MN-086:137.95-183.18

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-06-08T00:00:00.000Z

Reasoning: Wide intercept of 45.23m at 1.27 g/t gold.

Positive factors

  • significant width

Evidence · text

“1.27 g/t gold over 45.23 metres ("m") from 137.95 m”
26MN-086Manhattan District Project · goldGrade: 2.4Grade Unit: g/tIntercept: 7.47 mView all details
Link to this fact

Identity

Hole ID
26MN-086
Project
Manhattan District Project
Commodity
gold
Region
usa_nv
Reported Region
Nevada
Ticker
SGN

Geometry

Grade
2.4
Grade Unit
g/t
Intercept
7.47 m
From
160.26 m
To
167.73 m

Classification

Program
exploration
Sample Type
drill
Group ID
26MN-086:160.26-167.73

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-06-08T00:00:00.000Z

Reasoning: High-grade sub-interval within the main intercept.

Positive factors

  • high grade sub-interval

Evidence · text

“2.40 g/t gold over 7.47 m from 160.26 m”
26MN-086Manhattan District Project · goldGrade: 8.06Grade Unit: g/tIntercept: 2.8 mView all details
Link to this fact

Identity

Hole ID
26MN-086
Project
Manhattan District Project
Commodity
gold
Region
usa_nv
Reported Region
Nevada
Ticker
SGN

Geometry

Grade
8.06
Grade Unit
g/t
Intercept
2.8 m
From
172.31 m
To
175.11 m

Classification

Program
exploration
Sample Type
drill
Group ID
26MN-086:172.31-175.11

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-06-08T00:00:00.000Z

Reasoning: Very high grade intercept of 8.06 g/t gold.

Positive factors

  • bonanza intercept

Evidence · text

“8.06 g/t gold over 2.80 m from 172.31 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.