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Scorpio Gold Drills 0.62 g/t Gold over 62.21 Metres from 230.43 Metres Within Manhattan Caldera, at Black Mammoth
Highlights Hole 26MN-069 returned: 0.62 g/t gold over 62.21 metres ("m") from 230.43 m, including 3.17 g/t gold over 4.94 m from 236.92 m at Black Mammoth.
About this update from Scorpio Gold Corporation
[{"type":"text","content":" Highlights Hole 26MN-069 returned: 0.62 g/t gold over 62.21 metres (\"m\") from 230.43 m, including 3.17 g/t gold over 4.94 m from 236.92 m at Black Mammoth. Mineralization found in hole 26MN-069 is hosted within volcanics of the Manhattan Caldera - similar to the setting at the Round Mountain Gold Mine, where broad zones of gold mineralization occur within volcanic units.1 Hole 26MN-072 returned: 6.04 g/t gold over 4.86 m from 308.23 m, including 15.99 g/t gold over 1.78 m from 308.23 m; 0.91 g/t gold over 15.79 m from 368.65 m, including 16.43 g/t gold over 0.73 m from 379.23 m at Black Mammoth. Holes 26MN-069 and 26MN-072 follow the two initial Black Mammoth holes 25MN-053, that returned 0.75 g/t gold over 24.69 m from 230.12 m, and 25MN-057, which returned 1.02 g/t gold over 40.23 m from 195.68 m. Vancouver, British Columbia--(Newsfile Corp. - May 7, 2026) - Scorpio Gold Corp. (TSXV: SGN) (OTCQB: SRCRF) (FSE: RY9) (\"Scorpio Gold\", or the \"Company\") is pleased to announce results from two step-out holes of the Phase Two drill program at the Manhattan District Project (\"Manhattan\"), Nevada, USA: 26MN-069 and 26MN-072, see Figure 1. The results are tabulated in Table 1 and discussed below. Scorpio Gold has drilled 79 drill holes to date from its Phase Two diamond drilling program, 25MN-011 through 25MN-045, 26MN-046 through 26MN-089, for a grand total of 23,065 m. With the results herein, Scorpio Gold has reported assays on 60 of these (25MN-011 through 25MN-045 and 26MN-046 through 26MN-069 and 26MN-072), totalling 19,694 m, and assays are pending from 19 holes (26MN-071 and 26MN-073 through 26MN-089), totalling 3,371 m. The pending results will be reported as they become available. \"As we continue to build momentum at Zanzibar, we are now seeing similarly strong results emerging from Black Mammoth, where all four drill holes completed to date have intersected broad intervals of gold mineralization in an area that had never previously been drilled. What is particularly encouraging is that much of this mineralization is hosted within the volcanics of the Manhattan Caldera - similar to the setting at Round Mountain, where broad zones of gold mineralization occur within volcanic units. We believe this is particularly significant because it opens the potential for much larger zones of mineralization within the caldera envi...