Scorpio Gold Files Technical Report Detailing Mineral Resource Estimate
Newsfile·2025-10-23 22:40

Core Viewpoint - Scorpio Gold Corporation has filed an independent technical report detailing its maiden mineral resource estimate at the Manhattan District in Nevada, which includes both current and historical mineral estimates [1][2][4]. Group 1: Technical Report Details - The technical report is titled "Mineral Resource Estimate and NI 43-101 Technical Report, Manhattan Property, Nye County, Nevada" with an effective date of June 4, 2025 [2]. - The report was prepared by a team of qualified professionals from various geological consulting firms [2]. - A copy of the technical report is available on Scorpio Gold's website and SEDAR+ profile [3]. Group 2: Maiden Mineral Resource Estimate (MRE) Highlights - The maiden mineral resource estimate includes 18,343,000 tonnes grading 1.26 g/t gold, totaling 740,000 ounces of contained gold in the inferred category [4][7]. - The historical mineral resource estimate covers several satellite deposits, comprising 1,652,325 tonnes grading 5.89 g/t gold, totaling 303,949 ounces of contained gold [4]. - The Manhattan District has historically produced approximately 700,000 ounces of gold from high-grade operations dating back to the late 1890s [4]. Group 3: Project Overview - The Manhattan District is located in the Walker Lane Trend of Nevada, approximately 20 kilometers south of the Round Mountain Gold Mine, which has produced over 15 million ounces of gold [4]. - Scorpio Gold holds a 100% interest in the Manhattan District, which spans approximately 4,780 hectares and includes the advanced exploration-stage Goldwedge Mine [9]. - The project presents significant resource potential with over 140,000 meters of historical drilling and valuable permitting and water rights [9].

Scorpio Gold Files Technical Report Detailing Mineral Resource Estimate - Reportify