Welcome to our dedicated page for Scorpio Gold news (Ticker: SRCRF), a resource for investors and traders seeking the latest updates and insights on Scorpio Gold stock.
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 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.
Scorpio Gold (OTCQB: SRCRF) reported results from four Phase Two drill holes at the Manhattan District, Nevada, including hole 25MN-039: 41.22 m @ 0.44 g/t Au on the Reliance Trend. Scorpio has completed 42 holes (13,489 m), reported assays for 30 holes (9,658 m) and has 12 holes pending assays (3,831 m).
The release highlights multiple intervals including high-grade short intercepts (e.g., 0.91 m @ 8.99 g/t in 25MN-038), QA/QC procedures, and that reported intercepts lack sufficient data to estimate true width.
Scorpio Gold (OTCQB: SRCRF) reported results from three Phase Two holes at the Manhattan District, Nevada, on January 23, 2026. Key assays include 25.02 m at 0.76 g/t Au in hole 25MN-036, which contains a higher-grade internal interval of 7.47 m at 2.23 g/t Au. The company has reported assays for 26 holes totaling 8,584 m of drilling and has 12 holes (3,322 m) with assays pending. Drilling and oriented core collection continue to refine structural controls and test targets inside and outside the current inferred resource constraining pit.
Scorpio Gold (OTCQB: SRCRF) will present at the Metals Investor Forum in Vancouver on Jan 23–24, 2026, with CEO Zayn Kalyan presenting a 10‑minute corporate update on Friday Jan 23 at 11:30am PT and VP Exploration Harrison Pokrandt available at the company booth.
The company will host an open house in Vancouver on Jan 26, 2026 from 1–3pm PT to meet shareholders, preview Manhattan District drill core and answer questions; RSVPs requested by Jan 23, 2026 via ir@scorpiogold.com.
Scorpio Gold also issued 6,465,000 incentive stock options exercisable at $0.37 with expiry Jan 16, 2031; 6,065,000 vest 25% every six months and 400,000 vest 50% in four months and 50% in six months. 2,900,000 options were granted to officers and directors and were treated as related party transactions exempt from formal valuation and minority approval under MI 61-101.
Scorpio Gold (OTCQB: SRCRF) entered an option to acquire 100% of the 32-claim Betty East property in Nye County, Nevada, expanding its southern Manhattan District footprint and staking intervening claims to create continuous coverage.
Transaction terms require staged cash and share payments totalling USD $900,000 and 950,000 common shares, plus USD $1,000,000 in exploration expenditures over five years. A 2% NSR applies on exercise, with a buyback of 1% for the value of 500 oz of .999 gold. TSXV approval is required.