Scorpio Gold Corp. reported high-grade drill intercepts at its Manhattan District Project in Nevada, including results from the Goldwedge target within the Zanzibar Formation.
Hole 26MN-115 returned 3.02 grams per tonne gold over 48.92 meters from 118.87 meters, including a higher-grade section of 19.29 grams per tonne gold over 5.24 meters from 151.79 meters. An additional interval of 5.14 grams per tonne gold over 10.15 meters was intersected at the faulted contact between the Zanzibar Formation and Manhattan Caldera Volcanics. Hole 26MN-118 yielded 1.19 grams per tonne gold over 99.94 meters from 98.61 meters, including 5.13 grams per tonne gold over 4.16 meters from 147.82 meters.
A third hole, 26MN-116, drilled along the Zanzibar Trend in the Gold Hill Formation, returned 0.93 grams per tonne gold over 22.16 meters from 95.71 meters and 0.84 grams per tonne gold over 25.05 meters from 205.07 meters. The company’s phase two drilling program has completed 114 holes totaling 32,585 meters, with assay results reported for 107 holes covering 30,889 meters. Results for the remaining seven holes, totaling 1,696 meters, are pending.
The Manhattan District spans approximately 4,780 hectares in Nevada, roughly 20 kilometers south of the operating Round Mountain Gold Mine along the Walker Lane Trend. Scorpio Gold’s maiden mineral resource estimate for the Goldwedge and Manhattan Pit areas, effective June 4, 2025, stands at 18.34 million tonnes grading 1.26 grams per tonne gold, containing 740,000 ounces of inferred gold.
