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Scorpio Gold Corp. reports gold exploration and capital-structure developments tied to its Manhattan District Project in Nevada. Company news centers on diamond-drill assay results, step-out drilling, and mineralization along areas such as Goldwedge, Black Mammoth, the Zanzibar Trend, the Gap Zone, Stray Dog, the Reliance Trend, and Iron Queen.
Updates describe gold intercepts hosted in volcanic and sedimentary units, including targets within the Manhattan Caldera and related district-scale trends. Scorpio Gold also reports financing-related items such as warrant exercises, warrant expiries, treasury changes, and the use of proceeds for drilling, technical studies, and general corporate purposes.
Scorpio Gold (OTCQB: SRCRF) reported step-out drill results along the Zanzibar Trend at the Manhattan District, Nevada, including 10.40 g/t Au over 5.67 m with a 455.52 g/t Au high‑grade sample over 0.49 m (capped at 70 g/t for composites).
Hole 26MN-067 and 26MN-068 extend mineralization beyond the current Inferred Resource constraining pit; 76 holes (21,939 m) drilled in Phase Two, assays pending for 18 holes (3,271 m).
Scorpio Gold (OTCQB: SRCRF) reported Phase Two drill results at the Manhattan District, Nevada, including a headline intercept of 2.74 g/t Au over 16.49 m from 45.45 m in hole 26MN-066 and multiple other new intervals outside the current IRCP.
Assays cover 56 holes (18,231 m) with 15 holes (3,475 m) pending; Zanzibar Trend step-outs show continuity over a >300 m corridor.
Scorpio Gold (OTCQB: SRCRF) reported drill results from five step-out holes at the Manhattan District, Nevada, including 26MN-063: 2.09 g/t Au over 22.25 m (including 45.19 g/t over 0.85 m) along the new Zanzibar Trend. Scorpio has drilled 20,518 m in Phase Two, reported assays on 48 holes totaling 17,393 m, with 3,125 m pending.
Results extend mineralization outside the Inferred Resource Constraining Pit and highlight a 700 m largely untested strike corridor on the Zanzibar Trend. Additional assays will follow as received.
Scorpio Gold (OTCQB: SRCRF) reported new Phase Two drill results at the Manhattan District, Nevada, including hole 26MN-057 with 1.02 g/t Au over 40.23 m from 195.68 m at Black Mammoth, plus multiple higher-grade shorter intervals at Iron Queen and Reliance Trend.
The company has completed 19,025 m of drilling (59 holes), reported assays for 15,967 m (48 holes) and has 3,058 m (11 holes) pending. Scorpio also engaged Investor Insights Systems for digital marketing, committing USD $125,000 plus up to 200,000 options at $0.39.
Scorpio Gold (OTCQB: SRCRF) reported drill results from five step-out holes and one exploration hole at Manhattan, Nevada on March 19, 2026. Key intercepts include 24.69 m @ 0.75 g/t Au at Black Mammoth (250 m step-out from Goldwedge) and 14.95 m @ 1.25 g/t Au at Reliance Trend.
The company has completed 56 holes (18,228 m) in Phase Two, reported assays for 42 holes (14,334 m) and has 14 holes (3,894 m) pending. Results expand mineralization beyond the current inferred pit edge and highlight potential access from the permitted Goldwedge underground.
Scorpio Gold (OTCQB: SRCRF) reported results from three Phase Two step-out drill holes at Manhattan on February 27, 2026, including 26MN-048: 28.35 m at 1.25 g/t Au from 124.75 m and a broader 49.23 m at 0.59 g/t Au. The results extend mineralization beyond the June 4, 2025 Inferred Resource Constraining Pit and convert deeper, previously uncategorized mineralization.
Scorpio has completed 47 holes totaling 15,280 m in Phase Two, reported assays on 38 holes (11,907 m), with assays pending for nine holes (3,373 m).
Scorpio Gold (OTCQB: SRCRF) received aggregate proceeds of approximately $7,923,500 from the exercise of 39,617,500 common share purchase warrants issued in February 2024. The remaining $0.20 warrants from that financing have expired.
The company says the proceeds strengthen the balance sheet, simplify the capital structure by removing a warrant overhang, and will fund drilling, technical studies, and general corporate purposes to advance exploration across its 8.5-kilometre Manhattan District structural corridor in Nevada.
Scorpio Gold (OTCQB: SRCRF) reported Phase Two drill results at the Manhattan District, Nevada, on February 19, 2026, including 3.14 g/t Au over 49.62 m (inc. 22.81 g/t over 4.24 m) from hole 25MN-044 and 0.65 g/t over 57.64 m from hole 25MN-045. Phase Two totals 46 holes, 15,024 m drilled; assays reported for 10,880 m with 4,144 m pending.
Drilling stepped outside the 2025 Inferred Resource pit shell along the Zanzibar Trend, highlighting strike and depth potential along an 8.5-km mineralized corridor toward Goldwedge and Mustang Hill.
Scorpio Gold (OTCQB: SRCRF) is realigning infrastructure at its Manhattan District project to build a centralized core processing, logging and storage facility to support expanded, district-scale exploration. The company agreed to sell idle Manhattan processing assets for C$750,000 to Manhattan Metals, with closing targeted for May 14, 2026 and TSX Venture Exchange approval required.
The Processing Assets include a conventional milling circuit (~400 tpd nominal), primary crusher, dewatering system and associated equipment; Scorpio also retained MSE for investor marketing at US$10,000/month for 12 months.
Scorpio Gold (OTCQB: SRCRF) reported assay results from three Phase Two drill holes at the Manhattan District, Nevada, on February 11, 2026. Highlights include 25MN-042: 36.82 m @ 5.22 g/t Au (incl. 4.88 m @ 19.86 g/t) and 25MN-043: 7.01 m @ 9.03 g/t Au (incl. 1.37 m @ 41.21 g/t). Scorpio has drilled 44 holes (14,324 m) in the program, reported assays for 33 holes (10,406 m) and has 11 holes pending assays (3,924 m). Intercepts are reported downhole; true widths are not estimated.