# Scorpio Gold Drills 0.62 g/t Gold over 62.21 Metres from 230.43 Metres Within Manhattan Caldera, at Black Mammoth *2026-05-07T05:00:00-04:00* Scorpio Gold Drills 0.62 g/t Gold over 62.21 Metres from 230.43 Metres Within Manhattan Caldera, at Black Mammoth **Highlights** - Hole 26MN-069 returned: - **0.62 g/t gold over 62.21 metres ("m") from 230.43 m**, including **3.17 g/t gold over 4.94 m **from 236.92 m at Black Mammoth. - Mineralization found in hole 26MN-069 is hosted within volcanics of the Manhattan Caldera - similar to the setting at the Round Mountain Gold Mine, where broad zones of gold mineralization occur within volcanic units.1 - Hole 26MN-072 returned: - **6.04 g/t gold over 4.86 m **from 308.23 m, including **15.99 g/t gold over 1.78 m **from 308.23 m; - **0.91 g/t gold over 15.79 m from 368.65 m**, including **16.43 g/t gold over 0.73 m **from 379.23 m at Black Mammoth. - Holes 26MN-069 and 26MN-072 follow the two initial Black Mammoth holes [**25MN-053, that returned 0.75 g/t gold over 24.69 m from 230.12 m**](https://api.newsfilecorp.com/redirect/248P8s171q)**,**and [**25MN-057, which returned 1.02 g/t gold over 40.23 m from 195.68 m**](https://api.newsfilecorp.com/redirect/Mq2B2Uqaq5)**. ** Vancouver, British Columbia--(Newsfile Corp. - May 7, 2026) - **Scorpio Gold Corp.****(TSXV: SGN) (OTCQB: SRCRF) (FSE: RY9)**("**Scorpio Gold**", or the "**Company**") is pleased to announce results from two step-out holes of the Phase Two drill program at the Manhattan District Project ("**Manhattan**"), Nevada, USA: 26MN-069 and 26MN-072, see **Figure 1**. The results are tabulated in **Table 1**and discussed below. Scorpio Gold has drilled 79 drill holes to date from its Phase Two diamond drilling program, 25MN-011 through 25MN-045, 26MN-046 through 26MN-089, for a grand total of **23,065 m**. With the results herein, Scorpio Gold has reported assays on 60 of these (25MN-011 through 25MN-045 and 26MN-046 through 26MN-069 and 26MN-072), totalling 19,694 m, and assays are pending from 19 holes (26MN-071 and 26MN-073 through 26MN-089), totalling 3,371 m. The pending results will be reported as they become available. _"As we continue to build momentum at Zanzibar, we are now seeing similarly strong results emerging from Black Mammoth, where all four drill holes completed to date have intersected broad intervals of gold mineralization in an area that had never previously been drilled. What is particularly encouraging is that much of this mineralization is hosted within the volcanics of the Manhattan Caldera - similar to the setting at Round Mountain, where broad zones of gold mineralization occur within volcanic units._ _We believe this is particularly significant because it opens the potential for much larger zones of mineralization within the caldera environment, where both the volcanic units and associated vein systems are carrying gold. Historically, these volcanics were not a primary mining focus in the Manhattan District, and the widths and continuity we are now seeing at Black Mammoth suggest the potential for a much broader mineralized system than previously recognized. Alongside our continued success at Zanzibar, these results reinforce our view that multiple growth fronts are emerging across the Manhattan District, with additional drilling and pending assays continuing to demonstrate the district-scale upside potential at Manhattan," said Harrison Pokrandt, VP Exploration for Scorpio Gold._ [](https://images.newsfilecorp.com/files/9779/296405_54a1cf49742a892a_002full.jpg) **Figure 1. Surface Plan Map of drill results, with highlights noted. Map Inset area shown in Figure 3.** To view an enhanced version of this graphic, please visit: [https://images.newsfilecorp.com/files/9779/296405_54a1cf49742a892a_002full.jpg](https://images.newsfilecorp.com/files/9779/296405_54a1cf49742a892a_002full.jpg) Drill holes 26MN-069 and 26MN-072 are 50 m step-outs, at Black Mammoth, to the west and east of hole 26MN-053, see news release dated [March 19, 2026](https://api.newsfilecorp.com/redirect/bgPzPf121m). Both drill holes tested greater than 250 metres beyond the **Inferred Resource Constraining Pit **(**"IRCP"**), targeting new mineralization outside of the 2025 MRE block model at ~210 and 250 metres below surface respectively, see **Figures 2 and 3**. For further details see "Mineral Resource Estimate and NI 43-101 Technical Report, Manhattan Property, Nye County, Nevada" with an effective date of June 4, 2025, on Scorpio Gold's website at [https://wp-scorpiogold-2025.s3.ca-central-1.amazonaws.com/media/2025/10/Scorpio-Gold-Manhattan-Mineral-Resource-Estimate-43-101-FINAL-2025-10-23.pdf](https://api.newsfilecorp.com/redirect/3K8o8sexeW). [![Cannot view this image? Visit: https://images.newsfilecorp.com/files/9779/296405_54a1c