Phase One Concluded At the Manhattan District Project

VANCOUVER – Scorpio Gold Corp. reported on the 2025 drilling program at the Manhattan District Project, Nevada. Holes 25MN-013, 25MN-014, 25MN-017, and 25MN-019 intersected gold mineralization associated with the Reliance Trend and holes 25MN-015 and 25MN-016 intersected gold mineralization at the Mustang Hill target. Phase 1 has since concluded with 12 diamond drill holes, totalling 4,216 m. Further assay results are pending for the four remaining Phase 1 drill holes, totalling 1,465 m. Phase 1 drilling builds upon the recently announced maiden Mineral Resource Estimate.

VP Exploration, Harrison Pokrandt, said, “As we continue to receive results from our Phase 1 drilling program, these first results at Mustang Hill and additional results within the Gap Zone add ounces to open areas that are along strike of our maiden resource. These results continue to support our objective of expanding the maiden resource at Manhattan to achieve our next goal of two-million-ounces of high-grade gold. With continued drilling, we expect to be able to evaluate potential updates to the resource estimate and ultimately achieve Manhattan’s full potential.”