Scorpio Gold Drills 24.69 Metres Grading 0.75 g/t Gold, from 230.12 Metres at Black Mammoth, a 250 Metre Step-Out from Goldwedge, at the Manhattan District, Nevada

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[{"type":"text","content":"Scorpio Gold Drills 24.69 Metres Grading 0.75 g/t Gold, from 230.12 Metres at Black Mammoth, a 250 Metre Step-Out from Goldwedge, at the Manhattan District, NevadaHighlightsHole 25MN-049 returned 1.25 g/t gold over 14.95 metres (\"m\") from 202.95 m. Hole 25MN-052 returned 1.05 g/t gold over 19.96 m from 141.43 m.Hole 25MN-053 returned 0.75 g/t gold over 24.69 m from 230.12 m. Vancouver, British Columbia--(Newsfile Corp. - March 19, 2026) - Scorpio Gold Corp. (TSXV: SGN) (OTCQB: SRCRF) (FSE: RY9) (\"Scorpio Gold\", or the \"Company\") is pleased to announce results from five step-out holes and one exploration hole of the Phase Two drill program at the Manhattan District Project (\"Manhattan\"), Nevada, USA: 26MN-049 through 26MN-054, see Figure 1. The results are tabulated in Table 1 and discussed below. Scorpio Gold has drilled 56 drill holes to date from its Phase Two diamond drilling program, 25MN-011 through 25MN-045, 26MN-046 through 26MN-066, for a grand total of 18,228 m. With the results herein, Scorpio Gold has reported assays on 42 of these (25MN-011 through 25MN-054), totalling 14,334 m, and assays are pending from 14 holes (26MN-055 through 26MN-066), totalling 3,894 m. The pending results will be reported as they become available.\"Results from hole 26MN-053 at Black Mammoth reinforces our belief that strong gold mineralization continues along the caldera margin to the northwest of Goldwedge, outside the current Inferred Resource Constraining Pit. With mineralization hosted primarily within brecciated volcanic units, the 24.69 metre interval grading 0.75 g/t gold from 230.12 metres signifies the potential for blue-sky opportunities along this margin through the district. With results pending from hole 26MN-057, our second hole at Black Mammoth, we are already planning follow-up holes,\" stated Harrison Pokrandt, VP Exploration of Scorpio Gold.\"We are very pleased to have confirmed the presence of gold mineralization in this zone, which supports our broader thesis of district-scale potential along the caldera margin. Importantly, Black Mammoth holds significant development potential given its proximity to the permitted Goldwedge underground, creating a unique opportunity to potentially access and develop mineralization from underground ahead of any larger-scale open pit development. This positioning may also allow u...

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