Scorpio Gold Drills 40.23 Metres Grading 1.02 g/t Gold, from 195.68 Metres at Black Mammoth, a Second 250 Metre Step-Out from Goldwedge, at the Manhattan District, Nevada

Original announcement by yahoo_press on

Company
Scorpio Gold
Ticker
SGN
Exchange
TSXV
Region
Nevada
Primary commodity
Gold
Secondary commodities
None reported
Document categories
Drill results
Extracted
2026-08-21 00:36:53 UTC

Analysis by Minestarters Atlas

Minestarters Atlas analysis

Summary

Scorpio Gold reported significant step-out drill results at the Black Mammoth target, including a 40.23m intercept at 1.02 g/t gold. Additionally, high-grade gold intercepts were identified at the Iron Queen target, including 21.8 g/t gold over 1.05m.

Reasoning: Significant step-out drilling at Black Mammoth and high-grade intercepts at Iron Queen demonstrate district-scale potential.

Positive factors

  • Step-out extension
  • Strong grade-width product in sub-intervals

Facts used in scoring: 8

Classification and evidence

Step-Out Extensionpositive

Mineralization extended beyond the previously known limit.

Why it applies: The results represent a second 250 metre step-out from Goldwedge.

Evidence · text

“a Second 250 Metre Step-Out from Goldwedge”

Bonanza Interceptpositive

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

Why it applies: 21.8 g/t gold exceeds the exceptional threshold for gold.

Evidence · text

“21.8 g/t gold over 1.05 m”

Extracted facts

Stored fact records: 8. Some facts used in scoring do not have a stored record.

Drill Results (8)

25MN-057Black Mammoth · goldGrade: 1.02Grade Unit: g/tIntercept: 40.23 mView all details
Link to this fact

Identity

Hole ID
25MN-057
Project
Black Mammoth
Commodity
gold
Region
usa_nv
Reported Region
Nevada
Ticker
SGN

Geometry

Grade
1.02
Grade Unit
g/t
Intercept
40.23 m
From
195.68 m
To
235.91 m

Classification

Program
exploration
Sample Type
drill
Group ID
25MN-057:195.68-235.91

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-04-01T00:00:00.000Z

Reasoning: 1.02 g/t over 40m is a solid exploration intercept.

Positive factors

  • Moderate grade over significant width

Evidence · text

“1.02 g/t gold over 40.23 metres ("m") from 195.68 m”
25MN-057Black Mammoth · goldGrade: 2.09Grade Unit: g/tIntercept: 13.26 mView all details
Link to this fact

Identity

Hole ID
25MN-057
Project
Black Mammoth
Commodity
gold
Region
usa_nv
Reported Region
Nevada
Ticker
SGN

Geometry

Grade
2.09
Grade Unit
g/t
Intercept
13.26 m
From
209.09 m
To
222.35 m

Classification

Program
exploration
Sample Type
drill
Group ID
25MN-057:209.09-222.35

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-04-01T00:00:00.000Z

Reasoning: High-grade component within the larger intercept.

Positive factors

  • Strong grade sub-interval

Evidence · text

“2.09 g/t gold over 13.26 m from 209.09 m”
25MN-057Black Mammoth · goldGrade: 0.63Grade Unit: g/tIntercept: 11.34 mView all details
Link to this fact

Identity

Hole ID
25MN-057
Project
Black Mammoth
Commodity
gold
Region
usa_nv
Reported Region
Nevada
Ticker
SGN

Geometry

Grade
0.63
Grade Unit
g/t
Intercept
11.34 m
From
262.74 m
To
274.08 m

Classification

Program
exploration
Sample Type
drill
Group ID
25MN-057:262.74-274.08

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-04-01T00:00:00.000Z

Reasoning: Lower grade intercept.

Evidence · text

“0.63 g/t gold over 11.34 m from 262.74 m”
25MN-057Black Mammoth · goldGrade: 0.78Grade Unit: g/tIntercept: 12.92 mView all details
Link to this fact

Identity

Hole ID
25MN-057
Project
Black Mammoth
Commodity
gold
Region
usa_nv
Reported Region
Nevada
Ticker
SGN

Geometry

Grade
0.78
Grade Unit
g/t
Intercept
12.92 m
From
293.71 m
To
306.63 m

Classification

Program
exploration
Sample Type
drill
Group ID
25MN-057:293.71-306.63

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-04-01T00:00:00.000Z

Reasoning: Lower grade intercept.

Evidence · text

“0.78 g/t gold over 12.92 m from 293.71 m”
25MN-056Iron Queen · goldGrade: 2.13Grade Unit: g/tIntercept: 4.91 mView all details
Link to this fact

Identity

Hole ID
25MN-056
Project
Iron Queen
Commodity
gold
Region
usa_nv
Reported Region
Nevada
Ticker
SGN

Geometry

Grade
2.13
Grade Unit
g/t
Intercept
4.91 m
From
41.72 m
To
46.63 m

Classification

Program
exploration
Sample Type
drill

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-04-01T00:00:00.000Z

Reasoning: Good grade intercept at Iron Queen.

Positive factors

  • Strong grade

Evidence · text

“2.13 g/t gold over 4.91 m from 41.72 m”
25MN-058Iron Queen · goldGrade: 4.29Grade Unit: g/tIntercept: 3.55 mView all details
Link to this fact

Identity

Hole ID
25MN-058
Project
Iron Queen
Commodity
gold
Region
usa_nv
Reported Region
Nevada
Ticker
SGN

Geometry

Grade
4.29
Grade Unit
g/t
Intercept
3.55 m
From
64 m
To
67.55 m

Classification

Program
exploration
Sample Type
drill

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-04-01T00:00:00.000Z

Reasoning: Strong grade intercept.

Positive factors

  • Strong grade

Evidence · text

“4.29 g/t gold over 3.55 m from 64 m”
25MN-058Iron Queen · goldGrade: 21.8Grade Unit: g/tIntercept: 1.05 mView all details
Link to this fact

Identity

Hole ID
25MN-058
Project
Iron Queen
Commodity
gold
Region
usa_nv
Reported Region
Nevada
Ticker
SGN

Geometry

Grade
21.8
Grade Unit
g/t
Intercept
1.05 m
From
91.44 m
To
92.49 m

Classification

Program
exploration
Sample Type
drill

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-04-01T00:00:00.000Z

Reasoning: Very high grade intercept.

Positive factors

  • Bonanza Intercept

Evidence · text

“21.8 g/t gold over 1.05 m from 91.44 m”
25MN-058Iron Queen · goldGrade: 0.82Grade Unit: g/tIntercept: 7.28 mView all details
Link to this fact

Identity

Hole ID
25MN-058
Project
Iron Queen
Commodity
gold
Region
usa_nv
Reported Region
Nevada
Ticker
SGN

Geometry

Grade
0.82
Grade Unit
g/t
Intercept
7.28 m
From
150.91 m
To
158.19 m

Classification

Program
exploration
Sample Type
drill

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-04-01T00:00:00.000Z

Reasoning: Lower grade intercept.

Evidence · text

“0.82 g/t gold over 7.28 m from 150.91 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.