StockWatch
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Gold and Silver Ores
Project UpdateJul 15, 2026, 04:47 PM

Scorpio Gold Drills 2.05 g/t Gold Over 97.99m at Manhattan Goldwedge

AI Summary

Scorpio Gold announced significant high-grade gold drill results from its Phase Two program at the Manhattan District Project in Nevada. The highlight was hole 26MN-110 at Goldwedge, which intercepted 2.05 g/t gold over 97.99 meters, demonstrating broad, continuous mineralization. Other notable intercepts were reported from the Zanzibar Trend and Goldwedge targets, with several high-grade sections. The company has completed 102 drill holes in the program and is also analyzing historic core for silver, indicating potential for resource growth and a byproduct dimension to future estimates.

Key Highlights

  • Hole 26MN-110 at Goldwedge drilled 2.05 g/t gold over 97.99 m from 64.16 m.
  • This intercept included 18.19 g/t gold over 3.17 m and 11.41 g/t gold over 4.57 m.
  • Hole 26MN-101 at Goldwedge returned 1.60 g/t gold over 33.53 m, including 7.11 g/t gold over 5.18 m.
  • Hole 26MN-104 along Zanzibar Trend hit 35.23 g/t gold over 1.01 m.
  • Hole 26MN-099 along Zanzibar Trend showed 0.88 g/t gold over 18.59 m and 2.10 g/t gold over 16.15 m.
  • Scorpio Gold has drilled 102 holes (28,939 m) in Phase Two, with assays reported for 99 holes.
  • The company is reviewing historic core for silver, which could be incorporated into future resource estimates.
  • All 2026 drill holes tested within and beyond the Inferred Resource Constraining Pit.