Core Insights - Scorpio Gold Corp. has announced results from seven drill holes in its 2025 drilling program at the Manhattan District Project in Nevada, indicating positive expansion of the resource envelope and potential for increased mineralized tonnage [1][2]. Group 1: Drilling Program Overview - The company has completed 35 diamond drill holes in 2025, totaling 10,880 meters, with assays reported for 23 holes covering 7,711 meters, while assays for 12 holes are pending [1][2]. - The drilling aims to expand the existing resource model laterally and at depth, with results showing multiple intercepts extending mineralization beyond the current inferred resource footprint [2][3]. Group 2: Drill Hole Results - Significant results include: - Hole 25MN-030 returned 2.21 g/t gold over 7.38 meters [7]. - Hole 25MN-031 returned 0.54 g/t gold over 20.54 meters, including 1.34 g/t gold over 8.95 meters [14]. - Hole 25MN-027 contained three intervals with grades of 0.38 g/t, 0.25 g/t, and 0.52 g/t gold [9]. - Hole 25MN-028 had four intervals, with the highest grade being 2.71 g/t gold over 2.53 meters [10]. Group 3: Geological Insights - The drilling has identified both previously mapped and newly recognized mineralized structures, enhancing the understanding of the deposit's structural framework [2][4]. - Intervals with weighted average grades over 1 g/t gold are hosted in structural feeder zones, consistent with the company's geological model [4][10]. Group 4: Future Expectations - The company anticipates a consistent flow of results from ongoing drilling, with three drills currently in the field [2]. - Results from the 12 pending holes are expected to be released in the New Year, contributing to the overall understanding of the mineralization potential [2][7]. Group 5: Project Background - The Manhattan District has historically produced approximately 700,000 ounces of gold and is situated near the Round Mountain Gold Mine, which has produced over 15 million ounces [25]. - The maiden mineral resource estimate for the project indicates 18,343,000 tonnes grading 1.26 g/t gold, totaling 740,000 ounces of contained gold in the inferred category [25].
Scorpio Gold Announces Further Drill Results from Manhattan District, Nevada