Scorpio Gold Drills 1.24 Grams per Tonne Gold over 92.81 Metres at the Manhattan District, Nevada

Core Insights - Scorpio Gold Corp. announced initial results from Phase One of its 2025 drilling program at the Manhattan District Project in Nevada, highlighting significant gold mineralization [1][3] - The drilling program aims to explore the Gap Zone, Mustang Hill, and Zanzibar Trend, with the first results confirming mineralization in the previously undrilled Gap Zone [2][3] - The company anticipates a maiden resource estimate for Manhattan in Q3 2025, with further assay results pending [1][3] Drilling Results - Hole 25MN-011 returned 1.24 grams per tonne (g/t) gold over 92.81 meters, including 19.01 g/t over 3.05 meters [5][10] - Hole 25MN-012 showed lower grade mineralization, with 0.24 g/t gold over 6.10 meters [9][10] - The results from both holes indicate the presence of mineralization along the Reliance Trend, with potential for resource expansion at depth [3][5] Geological Context - The Gap Zone connects the historic West Pit and Goldwedge mines, presenting an opportunity for resource expansion [2][3] - The Manhattan District has historically produced approximately 700,000 ounces of gold and is interpreted as a low sulfidation epithermal gold-rich deposit [14][17] - The ongoing drilling program is expected to confirm the continuity of high-grade zones and contribute to near-term resource expansion potential [3][14]