Scorpio Gold Drills 16.49 Metres Grading 2.74 g/t Gold from 45.45 Metres Along the Zanzibar Trend, at the Manhattan District, Nevada
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
- 2026-08-21 00:19:27 UTC
Analysis by Minestarters Atlas
Minestarters Atlas analysis
Summary
Scorpio Gold has announced step-out drill results from the Manhattan District in Nevada. The results include a 16.49 m intercept at 2.74 g/t gold from hole 26MN-066 and a high-grade 5.67 m intercept at 4.39 g/t gold from hole 26MN-065.
Reasoning: New step-out holes confirm mineralization along the Zanzibar Trend and Gap Zone, though grades are lower than the historical project average of 9.98 g/t Au.
Positive factors
- Step-out drilling success
- Extension of Zanzibar Trend
Negative factors
- Grades below project average
Facts used in scoring: 4
Classification and evidence
Step-Out Extensionpositive
Mineralization extended beyond the previously known limit.
Why it applies: The company describes the holes as 'three step-out holes'.
Evidence · text
“results from three step-out holes”
No QA/QC Disclosurenegative
Release does not disclose QA/QC — lab certification, CP/QP sign-off and assay protocols cannot be checked from this document.
Why it applies: The provided text does not mention any QA/QC protocols, lab certification, or QP sign-off.
Evidence · text
“Scorpio Gold Corp. (TSXV: SGN) (OTCQB: SRCRF) (FSE: RY9) ("Scorpio Gold", or the "Company") is pleased to announce results”
Extracted facts
Stored fact records: 4. Some facts used in scoring do not have a stored record.
Drill Results (4)
26MN-066Manhattan District · goldGrade: 1.89Grade Unit: g/tIntercept: 6.31 mView all detailsHide details
Identity
- Hole ID
- 26MN-066
- Project
- Manhattan District
- Commodity
- gold
- Region
- usa_nv
- Reported Region
- Nevada
- Ticker
- SGN
Geometry
- Grade
- 1.89
- Grade Unit
- g/t
- Intercept
- 6.31 m
- From
- 0 m
- To
- 6.31 m
Classification
- Program
- exploration
- Sample Type
- drill
- Group ID
- 26MN-066:0.0-6.31
Review
- Needs Review
- No
- Interp. Status
- scored
- Historical
- No
Dates
- Event date
- 2026-04-28T00:00:00.000Z
Reasoning: Moderate grade intercept in a step-out hole.
Evidence · text
“1.89 g/t gold over 6.31 metres ("m") from 0 m”
26MN-066Manhattan District · goldGrade: 2.74Grade Unit: g/tIntercept: 16.49 mView all detailsHide details
Identity
- Hole ID
- 26MN-066
- Project
- Manhattan District
- Commodity
- gold
- Region
- usa_nv
- Reported Region
- Nevada
- Ticker
- SGN
Geometry
- Grade
- 2.74
- Grade Unit
- g/t
- Intercept
- 16.49 m
- From
- 45.45 m
- To
- 61.94 m
Classification
- Program
- exploration
- Sample Type
- drill
- Group ID
- 26MN-066:45.45-61.94
Review
- Needs Review
- No
- Interp. Status
- scored
- Historical
- No
Dates
- Event date
- 2026-04-28T00:00:00.000Z
Reasoning: Solid width intercept confirming the Zanzibar Trend.
Positive factors
- Significant width
Evidence · text
“2.74 g/t gold over 16.49 m from 45.45 m”
26MN-065Manhattan District · goldGrade: 0.54Grade Unit: g/tIntercept: 22.49 mView all detailsHide details
Identity
- Hole ID
- 26MN-065
- Project
- Manhattan District
- Commodity
- gold
- Region
- usa_nv
- Reported Region
- Nevada
- Ticker
- SGN
Geometry
- Grade
- 0.54
- Grade Unit
- g/t
- Intercept
- 22.49 m
- From
- 41.64 m
- To
- 64.13 m
Classification
- Program
- exploration
- Sample Type
- drill
- Group ID
- 26MN-065:41.64-64.13
Review
- Needs Review
- No
- Interp. Status
- scored
- Historical
- No
Dates
- Event date
- 2026-04-28T00:00:00.000Z
Reasoning: Wide intercept but low grade.
Positive factors
- Large width
Negative factors
- Low grade
Evidence · text
“0.54 g/t gold over 22.49 m from 41.64 m”
26MN-065Manhattan District · goldGrade: 4.39Grade Unit: g/tIntercept: 5.67 mView all detailsHide details
Identity
- Hole ID
- 26MN-065
- Project
- Manhattan District
- Commodity
- gold
- Region
- usa_nv
- Reported Region
- Nevada
- Ticker
- SGN
Geometry
- Grade
- 4.39
- Grade Unit
- g/t
- Intercept
- 5.67 m
- From
- 121.07 m
- To
- 126.74 m
Classification
- Program
- exploration
- Sample Type
- drill
- Group ID
- 26MN-065:121.07-126.74
Review
- Needs Review
- No
- Interp. Status
- scored
- Historical
- No
Dates
- Event date
- 2026-04-28T00:00:00.000Z
Reasoning: Stronger grade intercept at the Gap Zone.
Positive factors
- High grade
Evidence · text
“4.39 g/t gold over 5.67 m from 121.07 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.