Scorpio Gold(TSXV:SGN)

Scorpio Gold holds a 100% interest in the Manhattan District located in the Walker Lane Trend of Nevada, USA.

Investor website: https://scorpiogold.com/

About

Scorpio Gold holds a 100% interest in the Manhattan District located in the Walker Lane Trend of Nevada, USA. The Manhattan District spans approximately 4,780 hectares and includes the advanced exploration-stage Goldwedge Mine, which has a maximum capacity of 400 tons per day. It also features four past-producing pits acquired from Kinross in 2021. The district presents a significant late-stage exploration opportunity, with over 140,000 meters of historical drilling, substantial resource potential, and valuable permitting and water rights.

Verified company data

Cash position
$14m+
Shares outstanding
302,839,194
Fully diluted shares
339,478,775
Mineral resource
2025 MAIDEN MINERAL RESOURCE (September 2025) Estimating 740,000 ounces at 1.26 g/t gold 1 with immediate follow-up in the coming 12 months with drilling of an additional 50,000 meters. GRADE & RECOVERY Historic open-pit production returned ~70% gold. Additional historical testing suggests 90+% gold is possible. Our above 1 g/t gold resource in Nevada leads the State’s average grade of 0.60 g/t within the state of the Maiden Resource. EXPANSION POTENTIAL Targeting 50,000 meters to achieve a resource of over 2 million ounces 2 in 12 months. The district is comprised of multiple past producing assets that we intent to connect through drilling. GEOLOGY Low sulphidation epithermal system adjacent to the collapsed Manhattan Caldera with the same complex and geological formations as Round Mountain. Structural intersections appear to be a key gold mineralization control. 1: All 740,000 oz are in the inferred category with a 0.3 g/t gold cut-off grade (source: https://wp-scorpiogold-2025.s3.ca-central-1.amazonaws.com/media/2025/10/Scorpio-Gold-Manhattan-Mineral-Resource-Estimate-43-101-FINAL-2025-10-23.pdf) 2: The 2-million-ounce target is conceptual in nature and refers to an exploration target only. There has been insufficient exploration to define a mineral resource, and it is uncertain if further exploration will result in the target being delineated as a mineral resource. This statement is based on geological interpretation and does not imply a mineral resource beyond the areas currently classified as inferred.
Projects
["Scorpio Gold holds a 100% interest in 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. The Company is in the process of finalizing the acquisition of the adjacent Kinross Manhattan property.","Scorpio Gold is party to an earn-in option agreement with Titan Mining Corporation whereby Titan can earn an 80% joint venture interest on the Company’s 100% owned Mineral Ridge gold project located in Esmeralda County, Nevada. To maintain the option Titan must spend a total of US$35 million over a staged period of five years. If Titan spends the initial US$7 million of expenditures by January 1, 2022, it will also have the right to acquire a 100% interest by paying Scorpio Gold US$35 million on or before December 31, 2022."]
Leadership
Zayn Kalyan (CEO & Director, Experienced investment banker and business development executive with a background in software engineering and finance. Instrumental in origination of over $50 million in financing.), Andrea Yuan (CFO, CPA, CGA with extensive experience in auditing public companies and providing financial consulting.), Harrison Pokrandt (VP Exploration, Over eight years of experience in mineral exploration with extensive geologic knowledge and involvement in various gold projects worldwide.), Jeff Lindstrom (VP Operations, Over 30 years in the mining industry with experience in project design, modelling, and operations.), Thomas Poitras (Chief Geologist, Professional geologist with over 13 years of experience managing projects throughout the mine life cycle.), Leo Hathaway (Executive Technical Director, Professional Geologist with 30 years of experience in mineral exploration and significant involvement in major projects.), Daniel Kunz (Technical Advisor, Experienced in international mining and engineering, former COO of Ivanhoe Mines Ltd.), Charles Funk (Advisor, Geologist with over 14 years of experience in business development for mining projects.)

Verified data last updated: 2026-07-03

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