Scorpio Gold Reports Significant Drill Results at Manhattan Project
Written by Emily J. Thompson, Senior Investment Analyst
Updated: Jun 08 2026
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Source: Yahoo Finance
- Promising Drill Results: The Phase Two drilling at the Manhattan Project in Nevada yielded 1.27 g/t gold over 45.23 meters from hole 26MN-086, including high-grade intervals of 2.40 g/t over 7.47 meters and 8.06 g/t over 2.80 meters, indicating significant potential for larger-scale mineralization in the area.
- Steady Drilling Progress: Scorpio Gold has completed 92 drill holes totaling 25,919 meters, with assay results reported for 76 holes, demonstrating substantial progress in gold resource development and bolstering market confidence.
- Enhanced Mineralization Potential: VP of Exploration Harrison Pokrandt noted that increasing evidence from each drill hole suggests that volcanic units may host larger-scale mineralization beyond current resource constraints, indicating future growth opportunities.
- Integration of Historical Data: The company has begun reviewing historical core samples from the Manhattan area, with any new significant results to be included in future reports, further supporting its resource development strategy in the region.
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.
