Project 47 statements
The deposit 33
Key takeaway. Management describes the deposit as a low sulfidation epithermal gold deposit amenable to open pit mining, with a current inferred resource of 740,000 ounces at a 1.26 gram per ton average grade (as of May–June 2026).
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The company reports a target of reaching at least a two million ounce resource by the end of its 50,000-meter drill program, pointing to several exploration-upside targets along 10 km of strike — including the undrilled Zanzibar trend, the Black Mammoth zone (where a recent intercept returned 62 meters at 6 g/t), and historic resources at Hooligan (3 km away) and Keystone Jumbo (5 km away) that contain roughly 100,000–200,000 ounces each.
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Jurisdiction 7
Key takeaway. Scorpio Gold's management describes the company's project as being located in Nevada, United States (Jul 2026), specifically in the Manhattan district of the Walker Lane trend (Jun 2026).
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They further specify the site is about 14 km (or 10 miles) south of Round Mountain, near Kinross's Round Mountain gold mine (Apr 2026; Feb 2026).
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Technical risk 7
Key takeaway. Management acknowledges a key technical risk in the deposit's nuggety nature, noting high-grade nuggets require a conservative approach to representation (May 2026).
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At the same time, the company reports strong recoveries—over 90% up to 93% in July 2026, and a 92% recovery in 2012 test work, with high 90s from a full mill circuit, high 70s from cyanide, and lower 70s from gravity (Feb 2026). To mitigate risk, management points to four histories of production demonstrating metallurgical comfort, the ability to use cyanide, a shallow deposit that keeps costs down with existing open-pit work and adits (Jul 2026), and analogies between the Black Mammoth mineralization and Round Mountain (Jun 2026), as well as a potential feeder-structure model similar to Hishikari, Fruta del Norte, and Sleeper (Apr 2026).
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Economics 3 statements
Financing 3
Key takeaway. Management has described their financing situation differently at different times.
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In February 2026, the company said it was fully funded through the end of that year. By April 2026, however, management reported it needed an $8 million raise. The CEO also noted that a second deferred payment from the Mineral Ridge sale was due at the end of May, followed by a final payment of half a million dollars US at the end of August 2026, indicating additional incoming cash.
Timeline 12 statements
Timeline 12
Key takeaway. Scorpio Gold management has outlined an aggressive drilling timeline, reporting in May and June 2026 that three drills were running and a funded 50,000-meter program was about 40–50% complete (20,000–25,000 meters drilled, approximately…
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200 holes total). The company targets a 2-million-ounce resource by the end of 2026, with updated resource estimates previously due in late 2024 and early 2025. Management also noted that results from the Black Mammoth area were expected imminently in May 2026 and that news releases would be issued every three weeks as part of a 12-month intensive drilling campaign.
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Corporate 2 statements
Management 2
Key takeaway. Scorpio Gold's management points to a strong track record in the sector.
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The company notes prior success with Lumina X and Lumina Gold, including an exit, and that it worked with Ross Beaty (Apr 2026). Separately, the CEO sold a software company in 2017, joined Scorpio in 2023, and took over as CEO in February 2024 (Feb 2026).
Outside views 2 mentions
2 mentions by people who do not speak for the company — 1 constructive, 0 cautious, 0 neutral. These are their views, not the company's.
Sources 5 interviews
Every interview 5
| Date | Channel | Interview | Statements |
|---|---|---|---|
| 10 Jul 2026 | Crux Investor | Made In America | Scorpio Gold (TSXV:SGN) - Visiting the Manhattan Project | 14 |
| 26 Jun 2026 | MiningStockEducation.com | Scorpio Gold Confirms Round Mountain (16M AuOz) Mineralization in New 5 sq km Target – Zayn Kalyan | 16 |
| 07 May 2026 | MiningStockEducation.com | “One of the Most Impressive Holes”: Scorpio Gold Hits 10.40 g/t over 5.67m explains CEO Zayn Kalyan | 12 |
| 01 Apr 2026 | MiningStockEducation.com | “Hole 57 is a Discovery Hole”: Scorpio Gold Hits at Black Mammoth Target explains Leo Hathaway | 9 |
| 12 Feb 2026 | MiningStockEducation.com | Scorpio Gold Corp: High-Grade Gold in a Newly Consolidated Nevada District with CEO Zayn Kalyan | 13 |
What else those interviews covered
Every other asset named in the same recordings, by how many of them named it — the company's coverage context, not its holdings. Where the name is another company we hold a record for, it links to it.
Questions people ask
What is Scorpio Gold's project and where is it?
Scorpio Gold is a explorer gold company, with a project stated to be in Nevada, United States. Everything here is drawn from its executives' own interviews.
Which interviews mention Scorpio Gold?
We track 5 interviews mentioning Scorpio Gold, across 2 channels (Crux Investor, MiningStockEducation.com).
What are investors saying about Scorpio Gold?
2 independent voices — people who do not speak for the company — are on record discussing it (1 bullish). Their reasoning is quoted in the outside-view section above.
What do recent interviews with Scorpio Gold cover?
The most-discussed topics on record are the deposit, timeline, jurisdiction, technical risk — each claim quoted and dated in the sections above.