Scorpio Gold Corp. (SRCRF)

[NYBob]

$SCORPIO GOLD REPORTS 71.3 G/T GOLD OVER 4.6 M INCLUDING 203.1 G/T OVER 1.5 M AT THE MANHATTAN MINE PROPERTY, NEVADA
November 2, 2021
Vancouver, November 2, 2021 –

https://www.scorpiogold.com/news/scorpio-gold-reports-71.3-g-t-gold-over-4.6-m-including-203.1-g-t-over-1.5-m-at-the-manhattan-mine-property-nevada/

Scorpio Gold Corporation (“Scorpio Gold” or the “Company”) (TSXV: SGN) is pleased to provide an update of its surface RC drilling program at the Manhattan West and East pits of the recently acquired Kinross Manhattan Property in Manhattan, Nevada.

The first phase of the RC drilling program is now complete, with 31 holes (6907m) drilled including 19 holes in the West Pit area and 12 holes at East Pit area (Figures 1 and 2). Assay results received for 12 of the holes were reported in the Company’s July 20 and September 7, 2021 news releases, reporting near surface, high-grade mineralization over broad intersections in the West Pit area. Assay results for 2 additional holes are presented in Table 1. Results for the remaining holes will be provided following the receipt of confirmation assays from ALS Minerals Laboratory.

Drill hole MWRC21-004 returned a high-grade intersection of 71.3g/t gold over 4.6m including 203.1 g/t over 1.5 m (Table 1). The lithology and mineralization noted in rock chips from the intersection closely resembles the high-grade intersection in previously reported MWRC21-001, which returned 20.04 g/t gold over 15.3 m. Hole 004 is located 297m southeast of 001 along the strike of the mineralized structural trend.

Drill hole MWRC21-003 collared ~140m northwest of 004 intersected a barren fault zone at the expected target depth, suggesting the mineralized zone is faulted out in this location. Gold mineralization was encountered a further 30m downhole within a stockwork calcite zone returning 2.03 g/t gold over 6.1m (Table 1).

Table 1: Manhattan Mine Drilling - Significant Results

https://www.scorpiogold.com/news/scorpio-gold-reports-71.3-g-t-gold-over-4.6-m-including-203.1-g-t-over-1.5-m-at-the-manhattan-mine-property-nevada/


Website: http://www.scorpiogold.com

https://www.scorpiogold.com/news/scorpio-gold-intersects-50pt2g-t-gold-over-5.6m-including-260g-t-over-0p9m-from-ongoing-underground-drilling-at-goldwedge-nevada/


https://www.scorpiogold.com/news/#2021


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