Scorpio Gold Drills 36.82 Metres Grading 5.22 g/t Gold, from 127.01 Metres Along the Reliance 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 02:32:52 UTC

Analysis by Minestarters Atlas

Minestarters Atlas analysis

Summary

Scorpio Gold Corp. has reported significant gold drill results from its Manhattan District in Nevada. Notable intercepts include 5.22 g/t gold over 36.82 metres and a high-grade 41.21 g/t gold interval.

Reasoning: The announcement reports high-grade gold intercepts, including a 19.86 g/t Au sub-interval, which are significant for an exploration-stage project.

Positive factors

  • Strong gold grades reported in multiple holes
  • High-grade sub-intervals (bonanza style) identified
  • Significant intercept width (36.82m)

Facts used in scoring: 6

Classification and evidence

Bonanza Interceptpositive

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

Why it applies: Hole 25MN-042 contains a 19.86 g/t Au interval and 25MN-043 contains a 41.21 g/t Au interval.

Evidence · text

“including 41.21 g/t gold over 1.37 m”

Extracted facts

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

Drill Results (6)

25MN-042Manhattan District · goldGrade: 5.22Grade Unit: g/tIntercept: 36.82 mView all details
Link to this fact

Identity

Hole ID
25MN-042
Project
Manhattan District
Commodity
gold
Region
usa_nv
Reported Region
Nevada
Ticker
SGN

Geometry

Grade
5.22
Grade Unit
g/t
Intercept
36.82 m
From
127.01 m

Classification

Program
exploration
Sample Type
drill
Group ID
25MN-042:127.01-163.83
Mining Method
underground

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-02-11T00:00:00.000Z

Reasoning: 5.22 g/t over 36.82m is a strong intercept for gold exploration.

Positive factors

  • Strong grade and width

Evidence · text

“5.22 g/t gold over 36.82 metres ("m")”
25MN-042Manhattan District · goldGrade: 19.86Grade Unit: g/tIntercept: 4.88 mView all details
Link to this fact

Identity

Hole ID
25MN-042
Project
Manhattan District
Commodity
gold
Region
usa_nv
Reported Region
Nevada
Ticker
SGN

Geometry

Grade
19.86
Grade Unit
g/t
Intercept
4.88 m

Classification

Program
exploration
Sample Type
drill
Group ID
25MN-042:127.01-163.83
Mining Method
underground

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-02-11T00:00:00.000Z

Reasoning: 19.86 g/t is an exceptionally high-grade interval.

Positive factors

  • Bonanza grade

Evidence · text

“including 19.86 g/t gold over 4.88 m”
25MN-043Manhattan District · goldGrade: 0.36Grade Unit: g/tIntercept: 32.16 mView all details
Link to this fact

Identity

Hole ID
25MN-043
Project
Manhattan District
Commodity
gold
Region
usa_nv
Reported Region
Nevada
Ticker
SGN

Geometry

Grade
0.36
Grade Unit
g/t
Intercept
32.16 m

Classification

Program
exploration
Sample Type
drill
Mining Method
underground

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-02-11T00:00:00.000Z

Reasoning: 0.36 g/t is a marginal grade.

Negative factors

  • Low grade

Evidence · text

“0.36 g/t gold over 32.16 m”
25MN-043Manhattan District · goldGrade: 9.03Grade Unit: g/tIntercept: 7.01 mView all details
Link to this fact

Identity

Hole ID
25MN-043
Project
Manhattan District
Commodity
gold
Region
usa_nv
Reported Region
Nevada
Ticker
SGN

Geometry

Grade
9.03
Grade Unit
g/t
Intercept
7.01 m

Classification

Program
exploration
Sample Type
drill
Mining Method
underground

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-02-11T00:00:00.000Z

Reasoning: 9.03 g/t is a strong intercept.

Positive factors

  • Strong grade

Evidence · text

“9.03 g/t gold over 7.01 m”
25MN-043Manhattan District · goldGrade: 41.21Grade Unit: g/tIntercept: 1.37 mView all details
Link to this fact

Identity

Hole ID
25MN-043
Project
Manhattan District
Commodity
gold
Region
usa_nv
Reported Region
Nevada
Ticker
SGN

Geometry

Grade
41.21
Grade Unit
g/t
Intercept
1.37 m

Classification

Program
exploration
Sample Type
drill
Mining Method
underground

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-02-11T00:00:00.000Z

Reasoning: 41.21 g/t is an exceptionally high-grade interval.

Positive factors

  • Bonanza grade

Evidence · text

“including 41.21 g/t gold over 1.37 m”
25MN-041Manhattan District · goldGrade: 0.58Grade Unit: g/tIntercept: 16.15 mView all details
Link to this fact

Identity

Hole ID
25MN-041
Project
Manhattan District
Commodity
gold
Region
usa_nv
Reported Region
Nevada
Ticker
SGN

Geometry

Grade
0.58
Grade Unit
g/t
Intercept
16.15 m

Classification

Program
exploration
Sample Type
drill
Mining Method
underground

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-02-11T00:00:00.000Z

Reasoning: 0.58 g/t is a low grade intercept.

Negative factors

  • Low grade

Evidence · text

“0.58 g/t gold over 16.15 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.