
Scorpio Gold Drills 3.38 g/t Gold over 33.31 Metres from 138.90 Metres at the Goldwedge Target at Manhattan
Newsfile Corp
Published: Aug 10, 2026, 06:00 PM GMT+9
Sentiment Analysis
Hole 26MN-109 returned, at Goldwedge: 2.83 g/t gold over 11.89 metres ("m") from 97.08 m and 9.46 g/t gold over 8.72 m from 126.00 m within the Zanzibar Formation. 3.38 g/t gold over 33.31 m from 138.90 m, including 6.90 g/t gold over 12.89 m from 138.90 m within the Gold Hill Formation and Manhattan Caldera Volcanics. Hole 26MN-114 returned, along the Zanzibar Trend: 15.28 g/t gold over 2.56 m from 94.27 m and 0.98 g/t gold over 23.2 m from 112.13 m, including 5.11 g/t gold over 3.38 m from 112.13 m, within the Gold Hill Formation. Scorpio Gold Corp. (TSXV: SGN) (OTCQB: SRCRF) (FSE: RY9) (" Scorpio Gold ", or the " Company ") is pleased to announce results from four step-out holes of the Phase Two drill program at the Manhattan District Project (" Manhattan "), Nevada, USA: 26MN-109, 26MN-111, 26MN-112, and 26MN-114, see Figure 1 . The results are tabulated in Table 1 and discussed below. Scorpio Gold has drilled 109 drill holes to date from its Phase Two diamond drilling program, 25MN-011 through 25MN-045, 26MN-046 through 26MN-119, for a grand total of 31,391 m . With the results herein, Scorpio Gold has reported assays on 103 of these (25MN-011 through 25MN-045, 26MN-046 through 26MN-112, and 26MN-114, totalling 29,156 m , and assays are pending from 6 holes (26MN-113, 26MN-115 through 26MN-119), totalling 2,236 m. The pending results will be reported as they become available. In addition to the Phase Two drill program, the Company is reviewing historic core that is available at Manhattan and analyzing any historic core and pulps for silver. This new silver data from historic materials is supplementary to silver data that has been collecting since 2024 on new core drilled by the Company. Silver, or a gold equivalent ("AuEq"), has not been used or included in any results to date. Any new significant results from historic core or pulps will be reported as they become available. "We continue to deliver solid grade hole after hole at Manhattan, and 26MN-109 demonstrates that not only are the Paleozoic rocks hosting mineralization, but the Volcanics of the Manhattan Caldera have mineralization potential, with grades of 3.38 g/t gold over 33.31 metres. While these volcanic units were typically dismissed by previous operators, USGS dating shows the Volcanics were formed well before the mineralization was emplaced, which adds more targets to the Manhattan District. The volcanic contact near Goldwedge is now its own defined target. Hole 26MN-109 is a 50-metre step-out that carried mineralization through four separate intervals, including 2.83 g/t gold over 11.89 metres and 9.46 g/t gold over 8.72 metres and 0.68 g/t gold over 12.62 metres from 177.21 metres entirely within fractured volcanics with vein-hosted mineralization. Testing the Volcanic contact and the ground beyond it is the next step for Goldwedge," said Harrison Pokrandt, VP Exploration for Scorpio Gold. Goldwedge: Drill hole 26MN-109 is an approximately 50 m step-out to drill holes 24MN-009 and 25MN-048. Recent drilling at Goldwedge, including the results within, has demonstrated consistently strong mineralization : 1.69 g/t gold over 55.70 m from 118.90 m (24MN-009) 0.59 g/t gold over 49.23 m from 31.69 m (26MN-048) 11.84 g/t gold over 8.39 m from 106.21 m (26MN-075) 1.27 g/t gold over 45.23 m from 137.95 m (26MN-086) 1.17 g/t gold over 21.58 m from 111.71 m (26MN-089) 2.04 g/t gold over 11.83 m from 115.67 m (26MN-091) 1.60 g/t gold over 33.53 m from 6.70 m (26MN-101) 2.05 g/t gold over 97.99 m from 64.16 m (26MN-110) The Gap Zone: Drill hole 26MN-112 is a 50 m step-out to hole 25MN-011 and 25MN-013. The Gap Zone is the previously undrilled area that connects Goldwedge to the Rel...
Source: Newsfile Corp
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