VANCOUVER, BC / ACCESSWIRE / January 4, 2022 / Scorpio Gold Corporation ("Scorpio Gold" or the "Company") (TSXV:SGN) is pleased to provide the final results of its surface RC drilling program at the Manhattan West and East pits at the recently acquired Kinross Manhattan Property in Manhattan, Nevada.
Thirty-one holes (6907m) were completed in this Phase I program, including 19 holes in the West Pit area and 12 holes in the East Pit area (Figure 1). Assay results for 12 holes drilled in the West Pit and 5 holes in the East Pit area were reported in the Company's July 20, September 7, November 2 and December 9, 2021 news releases.
Scorpio Gold's geological staff are in the process of compiling and reviewing the analytical and geological data in context with historical results to build a better understanding of the controls to mineralization and structural complexity of the East and West pit areas. Planning for a Phase II drilling program is in progress and will focus on defining the extent and continuity of the multiple mineralized zones intersected to date.
Table 1: Manhattan Mine Drilling - Remaining Significant Results
| Hole ID | Azm
(deg) | Dip
(deg) | From
(ft) | To
(ft) | Width
(ft) | Gold
(oz/T) | From
(m) | To
(m) | Width
(m) | Gold
(g/t) |
| West Pit Area |
| MWRC21-010 | 57.9 | -54.8 | 515.0 | 520.0 | 5.0 | 0.059 | 157.1 | 158.6 | 1.5 | 2.02 |
| 545.0 | 590.0 | 45.0 | 0.041 | 166.2 | 180.0 | 13.7 | 1.41 |
| Including | 580.0 | 585.0 | 5.0 | 0.200 | 176.9 | 178.4 | 1.5 | 6.86 |
| MWRC21-011 | 54.6 | -47.6 | 25.0 | 30.0 | 5.0 | 0.063 | 7.6 | 9.2 | 1.5 | 1.97 |
| 420.0 | 435.0 | 15.0 | 0.096 | 128.1 | 132.7 | 4.6 | 3.29 |
| MWRC21-012 | 57.2 | -60.2 | 175.0 | 180.0 | 5.0 | 0.036 | 53.4 | 54.9 | 1.5 | 1.23 |
| 270.0 | 290.0 | 20.0 | 0.028 | 82.4 | 88.5 | 6.1 | 0.96 |
| 330.0 | 335.0 | 5.0 | 0.021 | 100.7 | 102.2 | 1.5 | 0.72 |
| 480.0 | 495.0 | 15.0 | 0.023 | 146.4 | 151.0 | 4.6 | 0.78 |
| MWRC21-013 | 61.6 | -61.4 | 570.0 | 575.0 | 5.0 | 0.024 | 173.9 | 175.4 | 1.5 | 0.82 |
| MWRC21-014 | 62.8 | -61.3 | 565.0 | 570.0 | 5.0 | 0.367 | 172.3 | 173.9 | 1.5 | 12.59 |
| 935.0 | 940.0 | 5.0 | 0.192 | 285.2 | 286.7 | 1.5 | 6.59 |
| 1015.0 | 1020.0 | 5.0 | 0.206 | 309.6 | 311.1 | 1.5 | 7.07 |
| MWRC21-015 | 61.9 | -60.9 | No significant results |
| MWRC21-016 | 36.7 | -50.4 | 10.0 | 15.0 | 5.0 | 0.024 | 3.1 | 4.6 | 1.5 | 0.82 |
| 45.0 | 65.0 | 20.0 | 0.055 | 13.7 | 19.8 | 6.1 | 1.88 |
| 145.0 | 150.0 | 5.0 | 0.030 | 44.2 | 45.8 | 1.5 | 1.03 |
| 165.0 | 170.0 | 5.0 | 0.034 | 50.3 | 51.9 | 1.5 | 1.17 |
| 205.0 | 210.0 | 5.0 | 0.020 | 62.5 | 64.1 | 1.5 | 0.69 |
| 220.0 | 225.0 | 5.0 | 0.012 | 67.1 | 68.6 | 1.5 | 0.41 |
| 805.0 | 825.0 | 20.0 | 0.031 | 245.5 | 251.6 | 6.1 | 1.05 |
| | | | 85.0 | 150.0 | 65.0 | 0.036 | 25.9 | 45.8 | 19.8 | 1.22 |
| 530.0 | 535.0 | 5.0 | 0.033 | 161.7 | 163.2 | 1.5 | 1.13 |
| East Pit Area |
| MERC21-006 | 302.7 | -45.7 | 285.0 | 290.0 | 5.0 | 0.020 | 86.9 | 88.5 | 1.5 | 0.69 |
| 330.0 | 335.0 | 5.0 | 0.054 | 100.7 | 102.2 | 1.5 | 1.85 |
| MERC21-007 | | | No significant results |
| MERC21-008 | 99.6 | -60.5 | 35.0 | 75.0 | 40.0 | 0.038 | 10.7 | 22.9 | 12.2 | 1.31 |
| 150.0 | 160.0 | 10.0 | 0.033 | 45.8 | 48.8 | 3.1 | 1.13 |
| MERC21-009 | 99.9 | -47.2 | 40.0 | 45.0 | 5.0 | 0.115 | 12.2 | 13.7 | 1.5 | 3.93 |
| 50.0 | 70.0 | 20.0 | 0.017 | 15.3 | 21.4 | 6.1 | 0.59 |
| 95.0 | 105.0 | 10.0 | 0.008 | 29.0 | 32.0 | 3.1 | 0.26 |
| 140.0 | 150.0 | 10.0 | 0.028 | 42.7 | 45.8 | 3.1 | 0.94 |
| MERC21-010 | 94.1 | -55.9 | 0.0 | 10.0 | 10.0 | 0.034 | 0.0 | 3.1 | 3.1 | 1.15 |
| 90.0 | 105.0 | 15.0 | 0.018 | 27.5 | 32.0 | 4.6 | 0.61 |
| 125.0 | 135.0 | 10.0 | 0.040 | 38.1 | 41.2 | 3.1 | 1.35 |
| 385.0 | 390.0 | 5.0 | 0.049 | 117.4 | 119.0 | 1.5 | 1.68 |
| 610.0 | 645.0 | 35.0 | 0.043 | 186.1 | 196.7 | 10.7 | 1.47 |
| 810.0 | 815.0 | 5.0 | 0.029 | 247.1 | 248.6 | 1.5 | 0.99 |
| 610.0 | 645.0 | 35.0 | 0.043 | 186.1 | 196.7 | 10.7 | 1.47 |
| 810.0 | 815.0 | 5.0 | 0.029 | 247.1 | 248.6 | 1.5 | 0.99 |
| MERC21-011 | 95.0 | -45.0 | 0.0 | 25.0 | 25.0 | 0.013 | 0.0 | 7.6 | 7.6 | 0.45 |
| 45.0 | 65.0 | 20.0 | 0.264 | 13.7 | 19.8 | 6.1 | 9.05 |
| Including | 50.0 | 55.0 | 5.0 | 0.827 | 15.3 | 16.8 | 1.5 | 28.37 |
| MERC21-011A | 82.9 | -45.5 | 0.0 | 10.0 | 10.0 | 0.044 | 0.0 | 3.1 | 3.1 | 1.51 |
| 80.0 | 115.0 | 35.0 | 0.032 | 24.4 | 35.1 | 10.7 | 1.09 |
Note: All holes presented in Table 1 were completed by reverse circulation (RC) drilling. Widths are presented as down hole core lengths; true widths are undefined at this time. Analytical results were performed by ALS Minerals Laboratory, in Reno, Nevada an ISO/IEC 17025:2005 accredited facility, utilizing fire assay with gravimetric finish analysis. Further details are presented in the Company's quality assurance and quality control program for the Goldwedge project available at: GW QAQC. The same protocols apply to the Manhattan project.
Figure 1. Geological plan map of the West and East pits in the Manhattan Mine area
About Scorpio Gold
Scorpio Gold now holds a 100% interest in the consolidated Manhattan District in Nevada comprising the advanced exploration-stage Goldwedge property in Manhattan, Nevada with a fully permitted underground mine and a 400 ton per day mill facility and a 100% interest of the Manhattan Property situated adjacent and proximal to the Goldwedge property.
Scorpio Gold also holds 100% interest in the Mineral Ridge gold project located in Esmeralda County, Nevada.
The technical information contained within this release has been reviewed and approved by independent geological consultant, Mohan R Vulimiri, M.Sc., P.Geo., a Qualified Person as defined by NI 43-101.
ON BEHALF OF THE BOARD
SCORPIO GOLD CORPORATION
Chris Zerga
CEO & Director
For further information contact:
Chris Zerga, CEO & President
Email: czerga@scorpiogold.com
Diane Zerga, General Manager
Tel: (775) 401-1637
Email: dzerga@scorpiogold.com
Website: www.scorpiogold.com