Northwire Canada EditionMonday, November 9, 2026
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Gold 4,079.60 −0.8% Silver 51.94 −0.8% Copper 6.24 −0.5% Oil 90.83 +0.3% Palladium 1,017.10 −2.6% KRN 0.260 −7.1% GSKR 2.84 +5.6% ADE 0.125 +4.2% NRM 0.055 +0.0% BBB 0.520 −1.9% LGD 2.09 +1.9% DEC 0.110 +0.0% LCE 0.200 +0.0% NILI 0.515 −1.0% CDE 21.85 +6.7% CAN 0.045 +0.0% LORD 0.100 +0.0% HBM 29.49 +2.3% ELEF 0.265 +120.8% MUN 0.300 +0.0% SAGA 0.400 +6.7% Gold 4,079.60 −0.8% Silver 51.94 −0.8% Copper 6.24 −0.5% Oil 90.83 +0.3% Palladium 1,017.10 −2.6% KRN 0.260 −7.1% GSKR 2.84 +5.6% ADE 0.125 +4.2% NRM 0.055 +0.0% BBB 0.520 −1.9% LGD 2.09 +1.9% DEC 0.110 +0.0% LCE 0.200 +0.0% NILI 0.515 −1.0% CDE 21.85 +6.7% CAN 0.045 +0.0% LORD 0.100 +0.0% HBM 29.49 +2.3% ELEF 0.265 +120.8% MUN 0.300 +0.0% SAGA 0.400 +6.7%
Drill Results

Scorpio Gold Drills 40.23 Metres Grading 1.02 g/t Gold, from 195.68 Metres at Black Mammoth, a Second 250 Metre Step-Out from Goldwedge, at the Manhattan District, Nevada

Scorpio Gold expands Manhattan footprint as high-grade step-outs validate district-scale potential in Nevada.

By The Northwire Desk — AI Analysis Apr 01, 2026 · 05:01 SGN · 0.39 Scorpio Gold Corporation
Executive Summary

The most recent news (April 1, 2026) reports significant step-out drill results from the Phase 2 program at the Manhattan District, Nevada. Key intercepts include 40.23m grading 1.02 g/t Au at the Black Mammoth target, located approximately 250m from the current Goldwedge resource. Additionally, high-grade mineralization was hit at Iron Queen (21.8 g/t Au over 1.05m). To support market awareness, the company entered a C$125,000 marketing agreement with Investor Insights Systems Inc., including 200,000 options at C$0.39.

Material Impact

The news is Material - Positive. - Resource Expansion: The 250m step-out at Black Mammoth successfully extends mineralization well beyond the existing Inferred Resource Constraining Pit (IRCP). This confirms the "caldera margin" thesis and suggests the current 740,000 oz resource has a clear path toward the company's internal 1-2 million-ounce target. - Consistency: This follows a string of positive results from February and March 2026, showing that the Phase 2 program is consistently hitting mineralized structures (Zanzibar, Reliance, and now Black Mammoth). - Operational Readiness: The results are "additive" to the geological model, increasing the probability of a significant resource upgrade in late 2026.

SGN · Price
Company Overview

Scorpio Gold holds a 100% interest in the Manhattan District in Nye County, Nevada. The flagship project is a consolidated land package featuring the Goldwedge Mine (permitted underground workings and a 400 tpd mill—currently being divested/repurposed) and several past-producing pits (Reliance, West, East). The project sits 20km south of the massive Round Mountain mine.

Read the original news release →

More from Scorpio Gold Corporation

Aug 27, 2026 · 16:15

Scorpio’s NASDAQ listing approval secures US market access without requiring share consolidation.

Regulatory 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