Scorpio Gold Corporation · TSXV:SGLD

Scorpio Gold — Investor Presentation (August 2025)

22 slides from Scorpio Gold's investor presentation, August 2025

  1. Slide 1: Scorpio Gold Corporation - Unlocking American Gold Potential in Nevada

    SCORPIO. GOLD CORPORATION “@N A Consolidated Resource on Historic Assets in Nevada Unlocking American Gold Potential in Nevada TSX: OTCQB: FSE: SGN SRCRF RYO scorpiogold.com August 2025

  2. Slide 2: Forward-looking statements and cautionary notes

    Except for the statements of historical fact, the information contained herein is of a forward-looking nature such forward looking information Involves known and unknown risks, uncertainties and other factors which may cause the actual results, performance or achievement of the company to be materia

  3. Slide 3: Nevada Walker Lane Trend location and highlights

    Located in Nevada’s Walker Lane Trend, four hours from Las Vegas. Consistently a top 2 mining jurisdiction in the world. Historic open pit production greater than 2 g/t gold with best-in- class recoveries. Includes wholly owned water rights, strategically located between Las Vegas and Reno, an exper

  4. Slide 4: Capital structure and analyst coverage

    Basic Outstanding $4,500,000 221,357,418 Warrants Various Expiry $0.25 $2,434,951 9,739,805 Expiry February 2026 $0.20 $8,000,000 40,000,000 Various Broker Warrants $367,603 3,582,826 $0.08-$0.20 Total Fully Diluted $14,934,951 271,097,223 Newsletter Writer Coverage: Jeff Clark | The Gold Advisor.co

  5. Slide 5: Consolidating District Resource Expansion Drilling & New Target Exploration

    Resource Expansion Drilling Maiden Mineral Resource Metallurgical Program Confirm Expanded Resource Consolidating District Potential & Geological Continuity & New Target Exploration Estimate

  6. Slide 6: Goal of greater than 500,000 oz Au

    Goal of greater than 500,000 oz Au. POTENTIAL 2025 MRE Historical open-pit production returned ~70% Au. Additional historical testing suggests 90+% Au is possible. Mineralization indicates +1 g/t Au for the maiden resource. Goal of increasing Mineral Resource by 2-3X throughout the District. CHART N

  7. Slide 7: Management team

    Zayn Kalyan Andrea Yuan Harrison Pokrandt Jeff Lindstrom CEO & Director CFO VP Exploration VP Operations Over 20+ years in the industry, Andrea has Nine years in mineral exploration and has An experienced investment banker and 30 years experience in the mining industry, significant experience in pub

  8. Slide 8: Manhattan deposit geology

    Ma nh att The deposit is a low sulphidation epithermal system adjacent to the an collapsed Manhattan Caldera. Cal der a argin M Man hat tan Ant Hosted in the same caldera complex and geologic formations as iclin Round Mountain. e Multiple mines in the district occur along the edges of the Manhattan

  9. Slide 9: Drill hole intercepts

    From To Intercept Gold Grade x Width Drill Hole ID (g·m) (m) (m) (m) (g/t) MWRC22-003 59.5 76.3 16.8 27.16 456.29 MWRC22-010 134.2 147.9 13.7 11.98 164.13 MWRC22-021 24.4 65.6 41.2 3.98 163.98 including 35.1 42.7 7.6 15.41 117.12 MWRC22-018 62.5 85.4 22.9 4.90 112.21 GWUG20-001 25.3 32.9 7.6 12.47 9

  10. Slide 10: Target zones: Gap Zone, Zanzibar Trend, Mustang Hill

    Gap Zone, located between the historic Goldwedge Underground and West Pit. Zanzibar Trend, connecting the Goldwedge to the third target zone. Follow up drilling on hole 24MN-009, with an interval of 1.69 g/t gold over 55.6 m. Mustang Hill’s historic underground mines. Follow up drilling on hole MWRC

  11. Slide 11: Minimum 10,000 metres of diamond drilling program

    A Minimum of 10,000 metres of diamond drilling. Priority 1 Targets Priority 2 Targets Select downhole geophysics & televiewer surveys (structural West analysis). Pit East Metallurgical testing program. Pit Review of historic data, core and pulps. A’

  12. Slide 12: Manhattan Long Section (A to A')

    Manhattan Long Section (A to A’) Looking Northeast, Section Thickness of 152.4 m A A’ +2286 ~1,800 metres +2057 +2057 +1829 ~300 m Priority 1 Targets Priority 2 Targets depth

  13. Slide 13: Regional exploration on Scorpio claims

    Regional diamond drilling also targeting past producing Black Mammoth assets. Geochemical rock sampling & infill soil sampling. Round Rock Moriah Targeted geological structural mapping. Investigation of historical mines and workings. Claim wide geophysical survey. Keystone Jumbo Resource: Priority 1

  14. Slide 14: Historical production and metallurgy

    Four distinct historical production profiles with slightly different flow sheets, from 1978-2012. Gold is non-refractory (free). Historical heap leach recovery of 77% (1989-1990 production data from Echo Bay). Previous flotation with gravity testing recoveries greater than 90%. 2025 Metallurgy Progr

  15. Slide 15: Contact details

    Zayn Kalyan, CEO zayn@scorpiogold.com Harrison Pokrandt, VP Exploration harrison@scorpiogold.com Investor Relations ir@scorpiogold.com

  16. Slide 16: Appendix

    SCORPIO. Appendix

  17. Slide 17: Section line key map

    A B’ A to A’: Long section of Manhattan, see Slide 12. B C’ B to B’: Cross section through hole 24MN-009. D’ E’ C to C’: Cross section through hole 24MN-007. C E D to D’: Cross section through Mustang Hill target. D West Pit East Pit E to E’: Cross section through north end of West Pit. A’

  18. Slide 18: A to A' Mustang Hill Previous Results

    ‘A to A’ Mustang Hill Previous Results Cross section of 2022 drilling results from drill hole MWRC22- 021. ‘eae: 6600 0.85 g/t over 25.9 m 0.82 g/t over 35.1 m 0.63 g/t over 7.6m e400 4 1.75 g/t over 13.7 m 6200 4 6000 4 T T 7 T 7 x: 380023 x: 380382 x: 380740 x: 381099 x: 381457 x: 381815 y: 137978

  19. Slide 19: B to B' cross section, hole 24MN-009

    B to B’ Cross section through drill hole 24MN-009. TSX.V: SGN OTCQB: SRCRF B Looking Northwest, Section Thickness = 40 ft Au (g/t no 4-<-02(9<05 <1 E-<3-B->3 7000 =m. Goldwedge Underground Workings... 24MN-009 GWUG-11-15 GWUG-11-13, 2024 Mineralization Extension 6200 6000 x: 379464 x: 379637 x: 3798

  20. Slide 20: C to C' cross section, hole 24MN-007

    CtoC’ Cross section through drill hole 24MN-007. TSX.V: SGN OTCQB: SRCRF Looking Northwest, Section Thickness = 150 ft c Cc’ 7400 7400 7200 - f- 7200 Formation B cambrian_Gotanitt MWRC21-005, MWRC22-002 1984-023 24MN-007 7000 7000 6800 6800 6600 6600 6.08 g/t over 9.4 m. 63.70 g/t over 1.0 m 6400 64

  21. Slide 21: Geology Legend

    Geology Legend Tv: Tertiary volcanics Oza: Ordivician Zanzibar argillite Ozl: Ordivician Zanzibar limestone Cms: Cambrian Mayflower schist Cg: Cambrian Gold Hill Formation Cgsp: sandy phyllite Cgq: quartzite Cgm: marble Cgp: phyllite NOTE: Figure from Slide 7 of Kinross Manhattan Divestment Proposal

  22. Slide 22: West Pit Cross Section E to E'

    West Pit Cross Section E to E’ Au Grade Shells Looking Northwest, Grid Spacing = 300 ft, Section Thickness = 100m Consolidating District

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