Scorpio Gold Drills 24.67 Metres Grading 1.85 g/t Gold, from 98.76 Metres, in New Zone of Mineralization at the Manhattan District, Nevada

Core Insights - Scorpio Gold Corporation has announced promising drilling results from its Manhattan District Project in Nevada, indicating significant potential for resource expansion and high-grade gold mineralization [1][2][4] Drilling Results - The latest drilling program included results from seven holes, with notable highlights such as hole 26MN-026 returning 1.85 g/t gold over 24.67 metres and hole 25MN-022 returning 21.82 g/t gold over 3.23 metres [1][7][14] - The company has reported assays on 16 drill holes totaling 5,341 meters in 2025, reinforcing the belief in the district-scale opportunity of the Manhattan project [1][2] Resource Expansion Potential - New zones of mineralization have been identified both near surface and at depth, suggesting a significant expansion of the resource envelope [2][3] - The results from Mustang Hill indicate the presence of a previously unidentified structural trend that may add a new near-surface target zone to the existing mineral resource [5][8] Geological Significance - The drilling results demonstrate continuity of mineralization and the potential for adding tonnes to the existing inferred resource, particularly in the Gap Zone and Reliance Trend [16][19] - Multiple high-grade intercepts and step-outs of 25-100 metres are consistent with the company's objective to materially grow the resource base [8][19] Future Exploration Plans - The company is currently executing a 50,000-meter drilling program, with expectations for a steady flow of updates that will highlight the growing value of the Manhattan asset [4][8] - Future work will include reviewing historic drill holes and underground workings to define the size and shape of new target areas for further testing [5][8]