Scorpio Gold Corporation · TSXV:SGLD
Scorpio Gold — Investor Presentation (March 2025)
21 slides from Scorpio Gold's investor presentation, March 2025
Slide 1: A Consolidated Resource on Historic Assets 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 March 2025
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
Slide 3: Nevada Walker Lane location and project 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 experi
Slide 4: Capital structure and newsletter coverage
Basic Outstanding 130,268,244 Altus Gold Private Financing Warrants $0.25 $3,000,000 12,000,000 RTO Concurrent Financing Warrants $0.20 $8,000,000 40,000,000 Total Fully Diluted $11,000,000 182,268,244 Newsletter Writer Coverage: Jeff Clark | The Gold Advisor.com Brien Lundin | Gold Newsletter Chen
Slide 5: Mineral Resource Estimate note
Note: “MRE” is defined as Mineral Resource Estimate.
Slide 6: Goal of greater than 500,000 oz Au
Goal of greater than 500,000 oz Au. POTENTIAL 2025 Historical open-pit production returned MRE ~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
Slide 7: Management team
Zayn Kalyan Harrison Pokrandt Jeff Lindstrom Andrea Yuan VP Exploration VP Operations CFO CEO & Director An experienced investment banker Nine years in mineral exploration and 30 years experience in the mining industry, Over 20+ years in the industry, Andrea and business development has developed ex
Slide 8: Manhattan deposit geology
Ma nh att The deposit is a low sulphidation epithermal system adjacent an to the collapsed Manhattan Caldera. Cal der a argin M Man hat tan Ant Hosted in the same caldera complex and geologic formations ifor m as Round Mountain. Multiple mines in the district occur along the edges of the Manhattan A
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
Slide 10: Planned diamond drilling and priority targets
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’
Slide 11: 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
Slide 12: Regional exploration program
Regional diamond drilling also targeting past Black Mammoth producing 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
Slide 13: 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
Slide 14: Contact details
Zayn Kalyan, CEO zayn@scorpiogold.com Harrison Pokrandt, VP Exploration harrison@scorpiogold.com Investor Relations ir@scorpiogold.com
Slide 15: Appendix
SCORPIO. Appendix
Slide 16: Cross section locations
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’
Slide 17: B to B' cross section through drill hole 24MN-009
B to B’ Cross section through drill hole 24MN-O09. 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
Slide 18: C to C' cross section through drill hole 24MN-007
CtoC’ Cross section through drill hole 24MN-O07. TSX.V: SGN OTCQB: SRCRF Looking Northwest, Section Thickness = 150 ft fou 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 6400
Slide 19: 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
Slide 20: 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
Slide 21: Past production, infrastructure, permits and water rights
1M+ oz Au Ready to restart: Considerable mining Existing fully permitted heap leach pad Considerable exploration potential on Scorpio Gold holds valuable water rights past production infrastructure, with full permitting and and permitted to build a 4,000 tpd mill. Mineral Ridge across the 17 km of i