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Scorpio Gold Announces Option of Betty East Property, Extending Claim Package at Manhattan District, Nevada
Vancouver, British Columbia--(Newsfile Corp. - January 15, 2026) - Scorpio Gold Corporation (T...
About this update from Scorpio Gold Corporation
[{"type":"text","content":"Scorpio Gold Announces Option of Betty East Property, Extending Claim Package at Manhattan District, NevadaVancouver, British Columbia--(Newsfile Corp. - January 15, 2026) - Scorpio Gold Corporation (TSXV: SGN) (OTCQB: SRCRF) (FSE: RY9) (\"Scorpio Gold\", or the \"Company\") is pleased to announce that it has entered into a property option agreement (the \"Agreement\") with an arm's length third party (the \"Optionor\") and a wholly-owned subsidiary of the Company (the \"Optionee\") to acquire a 100% interest in the thirty-two unpatented lode mining claims known as the Betty East Property, located in Nye County, Nevada (\"Betty East\" or the \"Property\"). Details of the PropertyHistorically, the Property has seen limited exploration. Nevada Goldfields Inc. conducted shallow reverse-circulation drilling and trenching in the early 1990s, which identified near-surface gold mineralization at the Knolls area and outlined additional interpreted near-surface and deeper conceptual targets. Available historic data includes drill logs and results from fifteen shallow RC holes, trench mapping, detailed geological sections, and a historical geological report, which together suggest potential for both shallow oxide mineralization and a larger, structurally controlled mineralized system at depth.More recent historic work on the at the Knolls, by Sierra Grande Minerals Inc.,[1] has been limited to a sample soil geochemical survey of approximately 290 samples. Initially,140 samples were taken in the south-central part of the claim block on a 650 m (north-south) and 325 m (east-west) grid of 50 m east-west spaced lines with samples taken between 25 m and 50 m along the lines. The results demonstrate a pronounced, north-south epithermal Au-As-(Ag-Hg) signature with locally very high Au soil results, including 6.27, 5.06, 1.19 and 0.69 g/t Au. This lies within an envelope of anomalous Au and As and extends to a background of <20 ppb gold. Following this, the same company completed a northeast-southwest elongate grid of 150 samples taken on a nominal 100 m spacing, covering 1,300 m by 800 m. Sampled immediately to the northeast of The Knolls, this grid outlined a broad, east-northeast trending zone that is highly anomalous in As, Hg, Ag, Sb and Mo, along with locally elevated Au and consistently elevated Zn, Cu and W. The new, east-northeast tr...