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Scorpio Gold Drills 10.40 g/t Gold over 5.67 M, Including 455.52 g/t Gold over 0.49 M from 36.27 M and 1.94 g/t Gold over 17.07 M from 55.47 M, Along the Zanzibar Trend
HighlightsHole 26MN-067 returned:10.40 g/t gold over 5.67 metres ("m") from 34.29 m, including 455.52 g/t gold over 0.49 m from 36.27 m; 1.94 g/t gold over

About this update from Scorpio Gold Corporation
[{"type":"text","content":"HighlightsHole 26MN-067 returned:10.40 g/t gold over 5.67 metres (\"m\") from 34.29 m, including 455.52 g/t gold over 0.49 m from 36.27 m; 1.94 g/t gold over 17.07 m from 55.47 m, including 5.54 g/t gold over 5.12 m from 62.27 m; 12.77 g/t gold over 5.91 m from 134.51 m, including 30.06 g/t gold over 2.50 m from 134.51 m along the Zanzibar Trend.Vancouver, British Columbia--(Newsfile Corp. - May 5, 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-067 through 26MN-068, see Figure 1. The results are tabulated in Table 1 and discussed below. Scorpio Gold has drilled 76 drill holes to date from its Phase Two diamond drilling program, 25MN-011 through 25MN-045, 26MN-046 through 26MN-086, for a grand total of 21,939 m. With the results herein, Scorpio Gold has reported assays on 58 of these (25MN-011 through 25MN-045 and 26MN-046 through 26MN-068), totalling 18,668 m, and assays are pending from 18 holes (26MN-069 through 26MN-086), totalling 3,271 m. The pending results will be reported as they become available.\"These results continue to reinforce both the grade tenor and the emerging structural continuity along the Zanzibar Trend, with high-grade intervals such as 455.52 g/t gold over 0.49 metres within broader mineralized zones highlighting the strength of the system. The presence of multiple high-grade intercepts throughout the hole gives us increasing confidence that we are intersecting a wide and consistently mineralized structure, rather than isolated zones, which is critical as we evaluate the overall scale potential of the trend. With each successive hole, we are building confidence in our geological model and improving our understanding of the controls on mineralization along this system,\" said Harrison Pokrandt, VP Exploration for Scorpio Gold.\"This growing understanding is now framing a much larger opportunity. We see increasing evidence that the Zanzibar Trend may form part of a broader, district-scale structural corridor extending from Black Mammoth through Goldwedge and Mustang Hill, and potentially continuing toward the April Fool target to the southeast. While continuity may not be uniform along the entire st...