Scorpio Gold Drills 25.02 Metres Grading 0.76 g/t Gold, from 138.35 Metres Along the Reliance Trend at the Manhattan District, Nevada
TMX Newsfile·2026-01-23 11:00

Core Insights - Scorpio Gold Corp. has announced results from three drill holes in its 2025 drilling program at the Manhattan District Project in Nevada, with a total of 38 holes drilled to date, amounting to 11,906 meters [1][2] Drilling Program Details - The company has reported assays for 26 of the drilled holes, totaling 8,584 meters, while assays for 12 holes are pending, totaling 3,322 meters [1][5] - The focus for 2026 includes consistent delivery of results and advancing geological understanding, with plans to test targets outside the core resource area [2] Drill Hole Results - Hole 25MN-036 returned significant results of 0.76 g/t gold over 25.02 meters, including 2.23 g/t gold over 7.47 meters [5][11] - Hole 25MN-034 contained three intervals with grades of 0.51 g/t, 0.20 g/t, and 0.24 g/t gold [8] - Hole 25MN-035 had one significant interval grading 0.25 g/t gold [9] Geological Insights - The mineralization observed aligns with the existing geological model, with structural features influencing mineralization controls [4] - The company has been collecting oriented core since mid-2025 to enhance confidence in structural features [4] Future Exploration Plans - The company is positioning one of its active rigs to test broader district-scale potential, starting with a two-hole program at Black Mammoth [2] - Pending assays from holes drilled in various structurally complex zones are expected to provide further insights into resource potential [16][19] About the Manhattan District - The Manhattan District is located in the Walker Lane Trend of Nevada and has historically produced approximately 700,000 ounces of gold [23] - The maiden mineral resource estimate indicates 18,343,000 tonnes grading 1.26 g/t gold for a total of 740,000 ounces of contained gold in the inferred category [23]

Scorpio Gold Drills 25.02 Metres Grading 0.76 g/t Gold, from 138.35 Metres Along the Reliance Trend at the Manhattan District, Nevada - Reportify