Scorpio Gold Drills 28.35 Metres Grading 1.25 g/t Gold, from 124.75 Metres Extending Mineralization Along Caldera Within Goldwedge, 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 01:45:07 UTC

Analysis by Minestarters Atlas

Minestarters Atlas analysis

Summary

Scorpio Gold has announced step-out drill results from its Phase Two program in Nevada. Highlights include a high-grade intercept of 10.36 g/t gold over 1.68 metres in hole 25MN-047.

Reasoning: Strong high-grade intercept (10.36 g/t Au) and successful step-out drilling extending mineralization.

Positive factors

  • high-grade intercept
  • step-out extension

Facts used in scoring: 6

Atlas analysis — Scorpio Gold Corp.: Scorpio Gold Drills 28.35 Metres Grading 1.25 g/t Gold, from 124.75 Metres Extending Mineralization Along Caldera Within Goldwedge, Manhattan District, Nevada. 1.25 g/t over 28.35 m; 0.59 g/t over 49.23 m; 0.62 g/t over 32.13 m

Classification and evidence

Step-Out Extensionpositive

Mineralization extended beyond the previously known limit.

Why it applies: The release states results from three step out holes extending mineralization.

Evidence · text

“results from three step out holes... Extending Mineralization Along Caldera”

Extracted facts

Stored fact records: 6. Some facts used in scoring do not have a stored record.

Drill Results (6)

25MN-048Manhattan District · goldGrade: 0.59Grade Unit: g/tIntercept: 49.23 mView all details
Link to this fact

Identity

Hole ID
25MN-048
Project
Manhattan District
Commodity
gold
Region
usa_nv
Reported Region
Nevada
Ticker
SGN

Geometry

Grade
0.59
Grade Unit
g/t
Intercept
49.23 m

Classification

Program
exploration
Sample Type
drill

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-02-27T00:00:00.000Z

Reasoning: Moderate grade over a wide interval.

Evidence · text

“0.59 g/t gold over 49.23 metres ("m")”
25MN-048Manhattan District · goldGrade: 1.25Grade Unit: g/tIntercept: 28.35 mView all details
Link to this fact

Identity

Hole ID
25MN-048
Project
Manhattan District
Commodity
gold
Region
usa_nv
Reported Region
Nevada
Ticker
SGN

Geometry

Grade
1.25
Grade Unit
g/t
Intercept
28.35 m

Classification

Program
exploration
Sample Type
drill

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-02-27T00:00:00.000Z

Reasoning: Solid grade over a significant width.

Evidence · text

“1.25 g/t gold over 28.35 m”
25MN-048Manhattan District · goldGrade: 0.62Grade Unit: g/tIntercept: 32.13 mView all details
Link to this fact

Identity

Hole ID
25MN-048
Project
Manhattan District
Commodity
gold
Region
usa_nv
Reported Region
Nevada
Ticker
SGN

Geometry

Grade
0.62
Grade Unit
g/t
Intercept
32.13 m

Classification

Program
exploration
Sample Type
drill

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-02-27T00:00:00.000Z

Reasoning: Marginal grade intercept.

Evidence · text

“0.62 g/t over 32.13 m”
25MN-047Manhattan District · goldGrade: 10.36Grade Unit: g/tIntercept: 1.68 mView all details
Link to this fact

Identity

Hole ID
25MN-047
Project
Manhattan District
Commodity
gold
Region
usa_nv
Reported Region
Nevada
Ticker
SGN

Geometry

Grade
10.36
Grade Unit
g/t
Intercept
1.68 m

Classification

Program
exploration
Sample Type
drill

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-02-27T00:00:00.000Z

Reasoning: High grade intercept of 10.36 g/t Au.

Positive factors

  • Bonanza Intercept

Evidence · text

“10.36 g/t gold over 1.68 m”

Rejected tags

Rejected tags — excluded from scoring because their label or evidence could not be verified.

Bonanza InterceptRejected · positive

Exceptionally high-grade zone, well above the deposit-type norm.

Reason: 10.36 g/t gold is a high-grade intercept.

Evidence · text

“10.36 g/t gold over 1.68 m”
25MN-047Manhattan District · goldGrade: 22.49Grade Unit: g/tIntercept: 0.76 mView all details
Link to this fact

Identity

Hole ID
25MN-047
Project
Manhattan District
Commodity
gold
Region
usa_nv
Reported Region
Nevada
Ticker
SGN

Geometry

Grade
22.49
Grade Unit
g/t
Intercept
0.76 m

Classification

Program
exploration
Sample Type
drill

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-02-27T00:00:00.000Z

Reasoning: Very high grade sub-interval.

Positive factors

  • Bonanza Intercept

Evidence · text

“22.49 g/t gold over 0.76 m”

Rejected tags

Rejected tags — excluded from scoring because their label or evidence could not be verified.

Bonanza InterceptRejected · positive

Exceptionally high-grade zone, well above the deposit-type norm.

Reason: 22.49 g/t gold is an exceptionally high-grade zone.

Evidence · text

“22.49 g/t gold over 0.76 m”
25MN-047Manhattan District · goldGrade: 0.55Grade Unit: g/tIntercept: 14.45 mView all details
Link to this fact

Identity

Hole ID
25MN-047
Project
Manhattan District
Commodity
gold
Region
usa_nv
Reported Region
Nevada
Ticker
SGN

Geometry

Grade
0.55
Grade Unit
g/t
Intercept
14.45 m

Classification

Program
exploration
Sample Type
drill

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-02-27T00:00:00.000Z

Reasoning: Lower grade intercept.

Evidence · text

“0.55 g/t gold over 14.45 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.