Scorpio Gold Drills 2.56 g/t Gold over 13.38 Metres from 293.28 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 21:34:59 UTC

Analysis by Minestarters Atlas

Minestarters Atlas analysis

Summary

Scorpio Gold reported significant gold drill results at the Black Mammoth project, highlighted by hole 26MN-096 which returned 2.56 g/t gold over 13.38 metres. The mineralization is hosted within the Manhattan Caldera volcanics, showing high-grade continuity with a 3.84 m sub-interval at 8.38 g/t gold.

Reasoning: The intercept of 2.56 g/t Au over 13.38 m is strong for an exploration-stage project, supported by a high-grade 8.38 g/t Au sub-interval.

Positive factors

  • Significant gold grade and width
  • High-grade sub-interval reported

Facts used in scoring: 3

Atlas analysis — Scorpio Gold: Scorpio Gold Drills 2.56 g/t Gold over 13.38 Metres from 293.28 Metres Within Manhattan Caldera, at Black Mammoth. 2.56 g/t over 13.38 m; 0.75 g/t over 24.69 m

Classification and evidence

QA/QC Disclosedpositive

Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods (blanks, standards, duplicates).

Why it applies: The document does not mention QA/QC protocols or lab certification.

Evidence · text

“Hole 26MN-096 returned”

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 release lacks basic QA/QC disclosure regarding lab certification or sampling protocols.

Evidence · text

“Hole 26MN-096 returned”

Extracted facts

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

Drill Results (3)

26MN-096Black Mammoth · goldGrade: 2.56Grade Unit: g/tIntercept: 13.38 mView all details
Link to this fact

Identity

Hole ID
26MN-096
Project
Black Mammoth
Commodity
gold
Ticker
SGN

Geometry

Grade
2.56
Grade Unit
g/t
Intercept
13.38 m
From
293.28 m
To
306.66 m

Classification

Program
exploration
Sample Type
drill
Group ID
26MN-096:293.28-306.66

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-06-24T00:00:00.000Z

Reasoning: 2.56 g/t over 13.38m is a solid exploration intercept.

Positive factors

  • Strong grade and width

Evidence · text

“2.56 g/t gold over 13.38 metres ("m") from 293.28 m”
26MN-096Black Mammoth · goldGrade: 8.38Grade Unit: g/tIntercept: 3.84 mView all details
Link to this fact

Identity

Hole ID
26MN-096
Project
Black Mammoth
Commodity
gold
Ticker
SGN

Geometry

Grade
8.38
Grade Unit
g/t
Intercept
3.84 m
From
298.95 m
To
302.79 m

Classification

Program
exploration
Sample Type
drill
Group ID
26MN-096:298.95-302.79

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-06-24T00:00:00.000Z

Reasoning: 8.38 g/t gold is a high-grade component of the main intercept.

Positive factors

  • High-grade sub-interval

Evidence · text

“including 8.38 g/t gold over 3.84 m from 298.95 m”
26MN-053Black Mammoth · goldGrade: 0.75Grade Unit: g/tIntercept: 24.69 mView all details
Link to this fact

Identity

Hole ID
26MN-053
Project
Black Mammoth
Commodity
gold
Ticker
SGN

Geometry

Grade
0.75
Grade Unit
g/t
Intercept
24.69 m
From
230.12 m
To
254.81 m

Classification

Program
exploration
Sample Type
drill

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-06-24T00:00:00.000Z

Reasoning: Wide but lower grade intercept.

Positive factors

  • Wide intercept

Negative factors

  • Lower grade

Evidence · text

“0.75 g/t gold over 24.69 m from 230.12 m (26MN-053)”

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.