Northwire Canada EditionFriday, August 14, 2026
Sign inSubscribe
Northwire
⌕
CLM 0.060 +0.0% GEMG 1.64 +0.0% STGO 1.56 +2.6% WEX 0.580 −3.3% NOBL 0.120 +9.1% LGO 1.00 −3.9% SSE 0.095 +0.0% AAZ 0.040 +0.0% MNRG 0.095 +11.8% RME 0.260 +30.0% NUAG 9.48 +1.3% KRN 0.300 +11.1% EON 0.020 −nan% EMO 0.420 −1.2% WGF 0.150 −3.2% SXL 0.070 +16.7% CLM 0.060 +0.0% GEMG 1.64 +0.0% STGO 1.56 +2.6% WEX 0.580 −3.3% NOBL 0.120 +9.1% LGO 1.00 −3.9% SSE 0.095 +0.0% AAZ 0.040 +0.0% MNRG 0.095 +11.8% RME 0.260 +30.0% NUAG 9.48 +1.3% KRN 0.300 +11.1% EON 0.020 −nan% EMO 0.420 −1.2% WGF 0.150 −3.2% SXL 0.070 +16.7%
Drill Results

Scorpio Gold drills 92.81 m of 1.24 g/t Au at Manhattan

By The Northwire Desk — AI Analysis Aug 25, 2025 · 13:32 SGN · 0.285 Scorpio Gold Corporation
SGN · Price

Executive Summary

  • Scorpio Gold released initial Phase 1 2025 drilling results from the Manhattan District, Nevada, highlighting a significant intercept of 1.24 g/t Au over 92.81 m (including 19.01 g/t Au over 3.05 m) in hole 25MN‑011.
  • The drill program has now completed 11 holes (3,820 m total) and the data will be incorporated into a maiden resource estimate expected in Q3 2025.
  • Results confirm mineralization within the previously undrilled 200 m Gap zone and identify a new deeper target, expanding near‑term resource potential at depth.

Key Details

  • Hole 25MN‑011 (inclination –50°, SW azimuth, 422 m total):
  • 1.24 g/t Au over 92.81 m from 59.13 m depth (including 19.01 g/t Au over 3.05 m).
  • Additional intervals: 1.79 g/t Au over 11.89 m (incl. 3.96 g/t Au over 4.06 m) and 1.50 g/t Au over 25.15 m (incl. 3.62 g/t Au over 9.60 m).

  • Other lower‑grade intervals reported downhole (e.g., 0.54 g/t Au over 7.62 m, 0.41 g/t Au over 7.62 m, etc.).

  • Hole 25MN‑012 (inclination –55°, W azimuth, 373 m total):

  • Lower‑grade intercepts: 0.24 g/t Au over 6.10 m from 18.90 m; 0.11 g/t Au over 7.47 m; 0.36 g/t Au over 9.14 m; plus additional sub‑0.2 g/t intervals downhole.

  • Program Scope: Phase 1 targets the Gap zone (≈200 m strike), Mustang Hill, and Zanzibar trend (≈500 m strike). All holes to date intersect the Reliance trend linking West Pit and Goldwedge mines.

  • Drilling Progress: 11 diamond drill holes completed; total depth drilled = 3,820 m. Remaining assay results from Phase 1 pending.

  • Resource Implication: Results are “post‑effective date” for inclusion in the upcoming compliant mineral resource estimate (anticipated Q3 2025). The new deep target within the Gap zone offers potential to expand resources below the current 300 m vertical depth limit.

  • QA/QC Protocol: HQ core halved, bagged, and secured; ~8 % of samples were blanks, standards, or duplicates. Analyses performed by Paragon Geochemical (ISO 17025:2017) using PA‑AU02 photon‑assay method.

  • Qualified Person: Thomas Poitras, P.Geo., Chief Geologist, Scorpio Gold (NI 43‑101 qualified).

Notable Quotes

“These significant results confirm mineralization in the previously undrilled 200 m long Gap zone… The new deep zone within the Gap zone opens new opportunity to further expand the resource at depth.” – Harrison Pokrandt, Vice‑President of Exploration, Scorpio Gold.

Read the original news release →

More from Scorpio Gold Corporation

Aug 10, 2026 · 05:01

Scorpio reports high-grade gold in the Goldwedge interval within volcanics, marking an incremental step-out in its expansive exploration program.

Drill Results Jul 27, 2026 · 05:01

Scorpio Gold lists on Nasdaq to broaden U.S. capital access for its Nevada gold exploration projects.

Regulatory Jul 23, 2026 · 09:30

Scorpio’s discounted $10.8m equity raise extends Manhattan drilling runway amid dilution.

Financings Jul 15, 2026 · 16:18

Scorpio Gold raises $8m at a 7% discount to fund drilling at Manhattan, where strong intercepts have been reported.

Financings Jul 14, 2026 · 05:01

Scorpio’s 98m at 2.05 g/t gold step-out at Goldwedge extends bulk-tonnage mineralization.

Drill Results Jun 24, 2026 · 05:01

Scorpio Gold’s Manhattan District drilling validates district-scale potential as the stock consolidates near multi-month lows.

Drill Results