Scorpio Gold Files Technical Report Detailing Mineral Resource Estimate
Scorpio Gold (OTCQB: SRCRF) filed an independent NI 43-101 Technical Report dated June 4, 2025, containing a maiden mineral resource estimate (Maiden MRE) for the 100%‑owned Manhattan District, Nye County, Nevada, plus a historical mineral estimate for satellite deposits.
Key metrics: an inferred resource of 740,000 oz Au at 1.26 g/t using a 0.3 g/t Au cut‑off; the Maiden MRE is supported by 1,341 drill holes totalling 92,635 metres; seven metallurgy test program summaries (1975–2012) are included. The company notes a Qualified Person has not made the Historical MRE current and it is not treated as current.
Scorpio Gold (OTCQB: SRCRF) ha depositato un rapporto tecnico indipendente NI 43-101 datato 4 giugno 2025, contenente una stima iniziale delle risorse minerarie (Maiden MRE) per il distretto di Manhattan, Nye County, Nevada, interamente di proprietà, oltre a una stima mineralistica storica per giacimenti satellite.
Indicatori chiave: una risorsa inferita di 740.000 oz di oro a 1,26 g/t utilizzando una soglia di taglio di 0,3 g/t Au; la Maiden MRE è supportata da 1.341 carotaggi per un totale di 92.635 metri; sette riassunti di programmi di prove metallurgiche (1975–2012) sono inclusi. L'azienda segnala che una Persona Qualificata non ha aggiornato la MRE storica e non è considerata attuale.
Scorpio Gold (OTCQB: SRCRF) presentó un Informe Técnico independiente NI 43-101 con fecha del 4 de junio de 2025, que contiene una estimación inicial de recursos minerales (Maiden MRE) para el Distrito Manhattan, condado de Nye, Nevada, 100% propiedad, además de una estimación mineral histórica para depósitos satélite.
Indicadores clave: una recurso inferido de 740,000 oz de oro a 1,26 g/t utilizando un corte de 0,3 g/t de oro; la Maiden MRE está respaldada por 1.341 sondajes por un total de 92.635 metros; se incluyen siete resúmenes de programas de pruebas metalúrgicas (1975–2012). La empresa señala que una Persona Calificada no ha actualizado la MRE histórica y no se considera actual.
Scorpio Gold (OTCQB: SRCRF)는 독립적인 NI 43-101 기술 보고서를 2025년 6월 4일 자로 제출했으며, 100% 소유 Manhattan 지구, Nye 카운티, 네바다 주에 대한 초기 광물 자원 추정(Maiden MRE)를 포함하고 위성 광상에 대한 역사적 광물 추정도 포함합니다.
주요 지표: 1.26 g/t Au에서의 74만 온스의 암석 자원을 0.3 g/t Au 컷오프를 사용해 산출; Maiden MRE는 총 92,635m의 시추 1,341개로 뒷받침되며, 1975–2012년의 7개 금속 시험 프로그램 요약이 포함됩니다. 회사는 Qualified Person이 역사적 MRE를 현재 상태로 갱신하지 않았으며 현재로 간주되지 않는다고 명시합니다.
Scorpio Gold (OTCQB: SRCRF) a déposé un Rapport Technique indépendant NI 43-101 daté du 4 juin 2025, contenant une estimation initiale des ressources minières (Maiden MRE) pour le district de Manhattan, comté de Nye, Nevada, 100 % propriété, ainsi qu'une estimation minérale historique pour des dépôts satellites.
Indicateurs clés : une ressource inférée de 740 000 oz d'or à 1,26 g/t en utilisant un seuil de coupure de 0,3 g/t d'or ; la Maiden MRE est soutenue par 1 341 forages totalisant 92 635 mètres; sept résumés de programmes d’essais métallurgiques (1975–2012) sont inclus. La société indique qu’une Personne Qualifiée n’a pas mis à jour la MRE historique et qu’elle n’est pas considérée comme actuelle.
Scorpio Gold (OTCQB: SRCRF) reichte einen unabhängigen NI 43-101 Technischen Bericht vom 4. Juni 2025 ein, der eine Maiden-MRE (erste Schätzung des Mineralressourcen) für das zu 100 % besessene Manhattan District, Nye County, Nevada, sowie eine historische Mineralressourcenschätzung für Satellitenlagerstätten enthält.
Schlüsselkennzahlen: eine inferierte Ressource von 740.000 oz Au bei 1,26 g/t unter Anwendung eines Cut-Off von 0,3 g/t Au; die Maiden MRE wird durch 1.341 Bohrlöcher mit insgesamt 92.635 Metern gestützt; sieben metallurgische Testprogramme (1975–2012) sind enthalten. Das Unternehmen weist darauf hin, dass eine Qualified Person die historische MRE nicht aktualisiert hat und sie nicht als aktuell gilt.
Scorpio Gold (OTCQB: SRCRF) قدمت تقريراً فنياً مستقلاً بنسخة NI 43-101 بتاريخ 4 يونيو 2025، يحتوي على تقدير مبدئي للموارد المعدنية (Maiden MRE) لمنطقة مانهاتن الواقعة في مقاطعة ناى، نيفادا، وهي مملوكة بالكامل، بالإضافة إلى تقدير معدني تاريخي للاوديات الجغرافية التابعة.
المقاييس الأساسية: موارد مستنتجة تبلغ 740,000 أونصة من الذهب عند 1.26 جرام/طن باستخدام حد قطع 0.3 جرام/طن من الذهب؛ تدعم Maiden MRE 1,341 بئر حفر بإجمالي 92,635 م؛ وتضم سبعة ملخصات لبرامج اختبارات المعادن (1975–2012). وتشير الشركة إلى أن الشخص المؤهل لم يجعل MRE التاريخية حديثة ولا تعتبر حالياً كحديثة.
Scorpio Gold (OTCQB: SRCRF) 已提交一份独立的 NI 43-101 技术报告，日期为 2025 年 6 月 4 日，包含用于 100% 拥有的 Manhattan 区、内华达州 Nye 县的 初步矿产资源估算（Maiden MRE），以及对卫星矿床的历史矿产估算。
关键指标：在金品位截断值为 0.3 g/t Au 的条件下，推断资源为 74 万盎司金，品位为 1.26 g/t；Maiden MRE 由 1,341 口钻孔，总长 92,635 米 支撑；并包含 1975–2012 年的 7 份冶金试验计划摘要。公司指出，合资格人员未对历史 MRE 进行更新，因此不视为最新。
- Maiden inferred resource of 740,000 oz Au at 1.26 g/t
- 1,341 drill holes totalling 92,635 metres in the Maiden MRE area
- 100% ownership of the Manhattan District in Nevada
- Seven metallurgy test program summaries spanning 1975–2012
- Resource reported only in the inferred category (lower confidence)
- Historical MRE not current — Qualified Person did not complete sufficient work
Vancouver, British Columbia--(Newsfile Corp. - October 23, 2025) - Scorpio Gold Corporation (TSXV: SGN) (OTCQB: SRCRF) (FSE: RY9) ("Scorpio Gold" or the "Company") is pleased to announce that, further to its news release dated September 11, 2025, it has filed an independent technical report (the "Technical Report") containing the maiden mineral resource estimate (the "Maiden MRE") at the
The Technical Report is titled "Mineral Resource Estimate and NI 43-101 Technical Report, Manhattan Property, Nye County, Nevada" and has an effective date of June 4, 2025. The Technical Report was prepared in accordance with National Instrument 43-101 - Standards of Disclosure for Mineral Projects ("NI 43-101") by Matthew R. Dumala, P.Eng (BC) of Archer Cathro Geological (US) Ltd., Patrick Loury, M.Sc., CPG (AIPG) of Daniel Kunz & Associates, Annaliese Miller, LG (WA) of Geosyntec Consultants, Inc. and Art Ibrado, PhD, PE (AZ) of Fort Lowell Consulting PPLC.
A copy of the Technical Report is available on Scorpio Gold's website, here and SEDAR+ profile at www.sedarplus.ca. A summary of the Maiden MRE and the Historical MRE is disclosed in the Company's news release dated September 11, 2025, and is qualified in its entirety by the Technical Report.
Maiden MRE Highlights:
- An inferred category resource of 740,000 ounces at 1.26 g/t Au, with a 0.3 g/t Au cut-off grade.
- Comprised 1,341 drill holes, totalling 92,635 metres, within the Maiden MRE area.
- Summaries of seven metallurgy test programs spanning from 1975 to 2012.
About the Manhattan District
Manhattan, located in the Walker Lane Trend of Nevada, USA, is road accessible and lies approximately 20 kilometers south of the operating Round Mountain Gold Mine, which has produced more than 15 million ounces of gold. For the first time, the Company has consolidated the Project's past-producing mines under a single entity that holds valuable permitting and water rights. Historically, Manhattan has produced approximately 700,000 ounces of gold from high-grade placer and lode operations dating from the late 1890s through to the mid-2000s (Goldwedge Project Technical Report, 2005). The maiden mineral resource estimate covering the Goldwedge and Manhattan Pit areas of the Project, is comprised of 18,343,000 tonnes grading 1.26 g/t gold for a total of 740,000 oz contained gold in the inferred category. A historical mineral resource estimate (the "Historical MRE") covers the Black Mammoth, April Fool, Hooligan, Keystone, and Jumbo areas of Manhattan and comprises 1,652,325 tonnes grading 5.89 g/t gold for a total of 303,949 oz contained gold. The deposit is interpreted as a low-sulfidation, epithermal, gold-rich system situated adjacent to the Tertiary-aged Manhattan caldera in the Southern Toquima Range of Nevada. A Qualified Person has not done sufficient work to make the Historical MRE current, and the Company is not treating the Historical MRE as current, 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, here.
Qualified Person
In accordance with NI 43-101, Thomas Poitras, P. Geo, Chief Geologist of the Company, is the Qualified Person for the Company and has validated and approved the technical and scientific content of this news release.
About Scorpio Gold Corporation
Scorpio Gold holds a
ON BEHALF OF THE BOARD OF SCORPIO GOLD CORPORATION
Zayn Kalyan, Chief Executive Officer and Director
Tel: (604)-252-2672
Email: zayn@scorpiogold.com
Investor Relations Contact:
Kin Communications Inc.
Tel: (604) 684-6730
Email: SGN@kincommunications.com
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(TSXV: SGN) (OTCQB: SRCRF) (FSE: RY9)
Forward-Looking Statements
This news release contains statements that constitute "forward-looking statements." Such forward looking statements involve known and unknown risks, uncertainties and other factors that may cause the Company's actual results, performance or achievements, or developments to differ materially from the anticipated results, performance or achievements expressed or implied by such forward-looking statements. Forward looking statements are statements that are not historical facts and are generally, but not always, identified by the words "expects," "plans," "anticipates," "believes," "intends," "estimates," "projects," "potential" and similar expressions, or that events or conditions "will," "would," "may," "could" or "should" occur.
Forward-looking statements in this news release include, among others, statements relating to future exploration and development plans, the future mineral production, liquidity, enhanced value capital markets profile of the Company, the future growth potential for the Company and its business, and other statements that are not historical facts. By their nature, forward-looking statements involve known and unknown risks, uncertainties and other factors which may cause our actual results, performance or achievements, or other future events, to be materially different from any future results, performance or achievements expressed or implied by such forward-looking statements. Such factors and risks include, among others: the Company may require additional financing from time to time in order to continue its operations which may not be available when needed or on acceptable terms and conditions acceptable; compliance with extensive government regulation; domestic and foreign laws and regulations could adversely affect the Company's business and results of operations; the stock markets have experienced volatility that often has been unrelated to the performance of companies and these fluctuations may adversely affect the price of the Company's securities, regardless of its operating performance.
The forward-looking information contained in this news release represents the expectations of the Company as of the date of this news release and, accordingly, is subject to change after such date. Readers should not place undue importance on forward-looking information and should not rely upon this information as of any other date. The Company undertakes no obligation to update these forward-looking statements in the event that management's beliefs, estimates or opinions, or other factors, should change.
Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.
To view the source version of this press release, please visit https://www.newsfilecorp.com/release/271744
FAQ
What did Scorpio Gold (SRCRF) disclose in the October 23, 2025 Technical Report?
How large is the Maiden MRE drill dataset in the SRCRF Technical Report?
What cut‑off grade was used for the Maiden MRE in the SRCRF filing?
Is the Historical MRE at Manhattan considered current in the SRCRF report?
Where can investors access the Scorpio Gold Manhattan Technical Report for SRCRF?
