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Scorpio Gold Drills 16.49 Metres Grading 2.74 g/t Gold from 45.45 Metres Along the Zanzibar Trend, at the Manhattan District, Nevada

Scorpio Gold reported new Phase Two drill results from the Manhattan District (Nevada) that extend and strengthen mineralization along the Zanzibar Trend and Gap Zone. Headline intercepts include 2.74 g/t Au over 16.49 m (from 45.45 m) and 1.89 g/t Au over 6.31 m (from surface) in hole 26MN-066, plus high-grade subintervals (up to 25.66 g/t over 0.85 m in 26MN-065). Scorpio has drilled 75 holes totaling 21,706 m, reported assays on 56 holes (18,231 m) and has 15 holes (3,475 m) pending. Management says results expand a >300 m untested strike corridor and are encouraged about potential linkage to adjacent structural trends. Market impact: these exploration results are supportive for gold-sector sentiment and could be modestly bullish for XAUUSD and investor appetite for junior gold names over the medium term, though immediate spot-gold moves are likely limited given the early-stage nature of the results.

Category

Gold

Sentiment

Bullish

Event

Milestone

Reading time

1 min