Scorpio Gold Drills 41.22 Metres Grading 0.44 g/t Gold, from 91.29 Metres Along the Reliance Trend at the Manhattan District, Nevada
Signing Day SportsSigning Day Sports(US:SGN) TMX Newsfile·2026-02-06 11:00

Core Viewpoint - Scorpio Gold Corp. has announced positive results from its 2025 drilling program at the Manhattan District Project in Nevada, reinforcing the geological model and indicating potential for significant gold mineralization [1][2]. Drilling Results - The company has completed 42 drill holes in the Phase Two diamond drilling program, totaling 13,489 meters, with assays reported for 30 holes amounting to 9,658 meters, while assays for 12 holes totaling 3,831 meters are pending [1][2]. - Notable results include Hole 25MN-039, which returned 0.44 g/t gold over 41.22 meters, and Hole 25MN-037, which contained multiple intervals with grades ranging from 0.20 g/t to 1.37 g/t gold [6][7][8]. Geological Insights - The drilling results continue to support the geological model at Manhattan, particularly along the Reliance Trend, where broad zones of consistent gold mineralization have been observed [2][3]. - Historical and current geological mapping, combined with oriented core diamond drill holes, has enhanced confidence in the structural framework of the Manhattan project [3]. Project Overview - The Manhattan District is located in the Walker Lane Trend of Nevada and is approximately 20 kilometers south of the Round Mountain Gold Mine, which has produced over 15 million ounces of gold [21]. - 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 [21]. Future Exploration - The company is well-positioned to deliver a steady flow of results as it advances the project across multiple target areas, with twelve additional holes completed and awaiting assays [2][6].