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Scorpio Gold Completes Phase 1 of Manhattan Drill Campaign and Commences Phase 2 With an Expanded 13 Hole Program
Phase 1 Intercept Targeted Reliance Fault at Projected Depth in Multiple Holes Vancouver, Britis...
About this update from Scorpio Gold Corporation
[{"type":"text","content":"\nScorpio Gold Completes Phase 1 of Manhattan Drill Campaign and Commences Phase 2 With an Expanded 13 Hole ProgramPhase 1 Intercept Targeted Reliance Fault at Projected Depth in Multiple HolesVancouver, British Columbia--(Newsfile Corp. - August 1, 2024) - Scorpio Gold Corporation (TSXV: SGN) (OTCQB: SRCRF) (FSE: RY9) (\"Scorpio Gold\", \"Scorpio\", or the \"Company\") is pleased to announce completion of its Phase 1 drilling campaign (\"Phase 1\") as a part of the Company's 2024 exploration program (the \"2024 Exploration Program\" or the \"Program\") at its Manhattan District Project (\"Manhattan\"). Phase 1 commenced on June 4, 2024 and consisted of an initial five drill holes totalling 1,178 metres. Phase 1 is being followed up with Phase 2 (\"Phase 2\"), commencing immediately, with the already mobilized surface diamond drilling contractors. Phase 2 is anticipated to consist of 3,109 metres across 13 holes through the rest of 2024. Manhattan is a low-sulfidation epithermal gold deposit located in Nye County, Nevada, containing a higher-grade coarse gold deposit already identified through over 100,000 metres of historic reverse-circulation drilling. Scorpio completed successful reverse-circulation drill campaigns in 2022 and 2021, both intercepting significant mineralization in multiple holes, including 16.8m of 27g/t and 41.2m of 3.98g/t. Both fire assay, and full suite multi-element inductively coupled plasma mass spectrometry (ICP) are being completed on the Phase 1 drillholes to create a multi-element library of near mine targets for understanding of mineralization and for long-term planning of grassroots targets within our claim package. \"The Phase 1 and Phase 2 holes have been planned in close coordination with our advisory team led by Daniel Kunz and his team at Daniel Kunz & Associates (\"DKA\"), with the dual purpose of being follow ups to historic drilling, alongside moderate step-outs of known structures to connect multiple zones of mineralization, particularly the Goldwedge underground and Manhattan West Pit,\" stated Harrison Pokrandt, VP of Exploration for Scorpio Gold.Phase 1 and Phase 2 intend to extend known mineralization along strike into untested areas and bridge the Goldwedge and Manhattan targets into one larger resource. Phase 1 and Phase 2 will provide data for a preliminary metallurgical testin...