Scorpio Gold Reports Drilling Results from Manhattan Project
Written by Emily J. Thompson, Senior Investment Analyst
Updated: Apr 01 2026
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Source: Yahoo Finance
- Exploration Results: Drill hole 25MN-057 returned 1.02 g/t gold over 40.23 meters from 195.68 meters, reinforcing mineralization continuity in the Manhattan Project area, which could positively impact future resource assessments.
- High-Grade Gold Discovery: Hole 25MN-058 reported 21.8 g/t gold over 1.05 meters from 91.44 meters, indicating the presence of high-grade gold at Iron Queen, potentially attracting further investment and enhancing the company's valuation.
- Drilling Program Progress: Scorpio Gold has completed 59 drill holes totaling 19,025 meters, with results from 48 holes reported, showcasing the company's ongoing exploration advancements in the Manhattan area and boosting market confidence in its resource potential.
- Strategic Development Opportunity: The drilling results at Black Mammoth indicate proximity to the Goldwedge mine, presenting potential for future underground mining opportunities that could accelerate resource development and growth, enhancing the company's competitive position in the market.
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
