Scorpio Gold Drills 49.62 Metres Grading 3.14 g/t Gold, from 59.95 Metres Extending Mineralization Along Zanzibar 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 02:04:02 UTC
Analysis by Minestarters Atlas
Minestarters Atlas analysis
Summary
Scorpio Gold has announced step-out drill results from its Manhattan District Project in Nevada. The results include a notable 49.62m intercept at 3.14 g/t gold and a high-grade 4.24m sub-interval at 22.81 g/t gold.
Reasoning: Strong step-out drill results showing significant gold mineralization widths, including a high-grade sub-interval in hole 25MN-044.
Positive factors
- significant width of mineralization
- step-out extension
Facts used in scoring: 4
Classification and evidence
Step-Out Extensionpositive
Mineralization extended beyond the previously known limit.
Why it applies: The release explicitly states results from stepout holes extending mineralization along the Zanzibar Trend.
Evidence · text
“results from stepout holes... Extending Mineralization Along Zanzibar Trend”
Extracted facts
Stored fact records: 4. Some facts used in scoring do not have a stored record.
Drill Results (4)
25MN-044Manhattan District Project · goldGrade: 3.14Grade Unit: g/tIntercept: 49.62 mView all detailsHide details
Identity
- Hole ID
- 25MN-044
- Project
- Manhattan District Project
- Commodity
- gold
- Region
- usa_nv
- Reported Region
- Nevada
- Ticker
- SGN
Geometry
- Grade
- 3.14
- Grade Unit
- g/t
- Intercept
- 49.62 m
Classification
- Program
- exploration
- Sample Type
- drill
- Group ID
- 25MN-044:0-49.62
- Mining Method
- unknown
Review
- Needs Review
- No
- Interp. Status
- scored
- Historical
- No
Dates
- Event date
- 2026-02-19T00:00:00.000Z
Reasoning: Significant width of 49.62m at a moderate gold grade.
Positive factors
- strong width
Evidence · text
“3.14 g/t gold over 49.62 metres ("m")”
25MN-044Manhattan District Project · goldGrade: 22.81Grade Unit: g/tIntercept: 4.24 mView all detailsHide details
Identity
- Hole ID
- 25MN-044
- Project
- Manhattan District Project
- Commodity
- gold
- Region
- usa_nv
- Reported Region
- Nevada
- Ticker
- SGN
Geometry
- Grade
- 22.81
- Grade Unit
- g/t
- Intercept
- 4.24 m
Classification
- Program
- exploration
- Sample Type
- drill
- Group ID
- 25MN-044:0-49.62
- Mining Method
- unknown
Review
- Needs Review
- No
- Interp. Status
- scored
- Historical
- No
Dates
- Event date
- 2026-02-19T00:00:00.000Z
Reasoning: High-grade sub-interval within the main intercept.
Positive factors
- high grade
Evidence · text
“22.81 g/t gold over 4.24 m”
25MN-045Manhattan District Project · goldGrade: 0.65Grade Unit: g/tIntercept: 57.64 mView all detailsHide details
Identity
- Hole ID
- 25MN-045
- Project
- Manhattan District Project
- Commodity
- gold
- Region
- usa_nv
- Reported Region
- Nevada
- Ticker
- SGN
Geometry
- Grade
- 0.65
- Grade Unit
- g/t
- Intercept
- 57.64 m
Classification
- Program
- exploration
- Sample Type
- drill
- Group ID
- 25MN-045:0-57.64
- Mining Method
- unknown
Review
- Needs Review
- No
- Interp. Status
- scored
- Historical
- No
Dates
- Event date
- 2026-02-19T00:00:00.000Z
Reasoning: Wide intercept but at a relatively low grade.
Positive factors
- wide intercept
Negative factors
- low grade
Evidence · text
“0.65 g/t gold over 57.64 m”
25MN-045Manhattan District Project · goldGrade: 1.24Grade Unit: g/tIntercept: 19.23 mView all detailsHide details
Identity
- Hole ID
- 25MN-045
- Project
- Manhattan District Project
- Commodity
- gold
- Region
- usa_nv
- Reported Region
- Nevada
- Ticker
- SGN
Geometry
- Grade
- 1.24
- Grade Unit
- g/t
- Intercept
- 19.23 m
Classification
- Program
- exploration
- Sample Type
- drill
- Group ID
- 25MN-045:0-57.64
- Mining Method
- unknown
Review
- Needs Review
- No
- Interp. Status
- scored
- Historical
- No
Dates
- Event date
- 2026-02-19T00:00:00.000Z
Reasoning: Higher grade sub-interval within the wider low-grade intercept.
Positive factors
- improved grade
Evidence · text
“1.24 g/t gold over 19.23 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.