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Scorpio Gold Announces Development of State-of-the-Art Core Processing & Storage Facility Through Strategic Divestiture of Manhattan Mill Assets
Vancouver, British Columbia--(Newsfile Corp. - February 16, 2026) - Scorpio Gold Corporation (TSXV: SGN) (OTCQB: SRCRF) (FSE: RY9) ("Scorpio Gold", "Scorpio" or the "Company") is pleased to announce a strategic realignment of infrastructure at its Manhattan District project in Nevada, supporting the development of a modern, centralized core processing, logging and storage facility designed to underpin a significantly expanded exploration program.Building the Foundation for Rapid Resource...
About this update from Scorpio Gold Corporation
[{"type":"text","content":"Vancouver, British Columbia--(Newsfile Corp. - February 16, 2026) - Scorpio Gold Corporation (TSXV: SGN) (OTCQB: SRCRF) (FSE: RY9) ("Scorpio Gold", "Scorpio" or the "Company") is pleased to announce a strategic realignment of infrastructure at its Manhattan District project in Nevada, supporting the development of a modern, centralized core processing, logging and storage facility designed to underpin a significantly expanded exploration program.","length":480,"tagName":"p"},{"type":"text","content":"Building the Foundation for Rapid Resource Growth","length":49,"tagName":"p"},{"type":"text","content":"Scorpio is advancing plans to construct a purpose-built geological facility at site that will serve as the operational backbone for higher drill volumes, enhanced geological interpretation, and improved core management systems. In order to do this, it is freeing space in a large, concrete based metal structure currently partially occupied by a processing plant that is undersized and unsuitable for the large scale of any future mine operation envisioned by Scorpio at Manhattan.","length":481,"tagName":"p"},{"type":"text","content":"The Company's objective is to establish the infrastructure required to efficiently process, analyze and securely store large volumes of drill core in support of an aggressive, district-scale exploration strategy aimed at supporting the expansion of the mineral resource base.","length":279,"tagName":"p"},{"type":"text","content":""We are building the foundation required to scale exploration in a disciplined but aggressive manner," said Zayn Kalyan, Chief Executive Officer of Scorpio Gold. "With three drills currently operating across the district and plans to scale activity further, modern exploration at this level requires modern infrastructure. By investing in a centralized core processing and storage facility, we are positioning Scorpio to handle higher drill volumes, improve geological modeling, and accelerate resource growth across the Manhattan District."","length":561,"tagName":"p"},{"type":"text","content":"Infrastructure to Enable Scalable Exploration","length":45,"tagName":"p"},{"type":"text","content":"The planned facility is expected to include:","length":44,"tagName":"p"},{"type":"list","items":[{"val":[{"type":"text","content":"Centralize...