Scorpio Gold Drills 24.69 Metres Grading 0.75 g/t Gold, from 230.12 Metres at Black Mammoth, a 250 Metre Step-Out from Goldwedge, 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 00:56:26 UTC

Analysis by Minestarters Atlas

Minestarters Atlas analysis

Summary

Scorpio Gold has announced step-out drill results from its Phase Two program at the Manhattan District in Nevada. The results include several significant gold intercepts, notably 1.25 g/t gold over 14.95 metres.

Reasoning: The results demonstrate step-out extension at the Black Mammoth target with multiple intercepts exceeding 1 g/t gold.

Positive factors

  • Step-out extension
  • Consistent mineralization

Facts used in scoring: 3

Classification and evidence

Step-Out Extensionpositive

Mineralization extended beyond the previously known limit.

Why it applies: The headline states the results are from a 250 metre step-out from Goldwedge.

Evidence · text

“a 250 Metre Step-Out from Goldwedge”

Extracted facts

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

Drill Results (3)

25MN-049Manhattan · goldGrade: 1.25Grade Unit: g/tIntercept: 14.95 mView all details
Link to this fact

Identity

Hole ID
25MN-049
Project
Manhattan
Commodity
gold
Region
usa_nv
Reported Region
Nevada
Ticker
SGN

Geometry

Grade
1.25
Grade Unit
g/t
Intercept
14.95 m
From
202.95 m

Classification

Program
exploration
Sample Type
drill

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-03-19T00:00:00.000Z

Reasoning: 1.25 g/t gold over 14.95m is a solid exploration intercept.

Positive factors

  • Strong grade for exploration

Evidence · text

“Hole 25MN-049 returned 1.25 g/t gold over 14.95 metres ("m") from 202.95 m.”
25MN-052Manhattan · goldGrade: 1.05Grade Unit: g/tIntercept: 19.96 mView all details
Link to this fact

Identity

Hole ID
25MN-052
Project
Manhattan
Commodity
gold
Region
usa_nv
Reported Region
Nevada
Ticker
SGN

Geometry

Grade
1.05
Grade Unit
g/t
Intercept
19.96 m
From
141.43 m

Classification

Program
exploration
Sample Type
drill

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-03-19T00:00:00.000Z

Reasoning: 1.05 g/t gold over nearly 20m shows continuity.

Positive factors

  • Consistent grade

Evidence · text

“Hole 25MN-052 returned 1.05 g/t gold over 19.96 m from 141.43 m.”
25MN-053Manhattan · goldGrade: 0.75Grade Unit: g/tIntercept: 24.69 mView all details
Link to this fact

Identity

Hole ID
25MN-053
Project
Manhattan
Commodity
gold
Region
usa_nv
Reported Region
Nevada
Ticker
SGN

Geometry

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

Classification

Program
exploration
Sample Type
drill

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-03-19T00:00:00.000Z

Reasoning: While grade is lower, the 24.69m width provides significant volume.

Positive factors

  • Significant width

Evidence · text

“Hole 25MN-053 returned 0.75 g/t gold over 24.69 m from 230.12 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.