Manhattan Highlights

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.

Manhattan Wedge

Manhattan District
Maiden Resource Estimate Technical Information

Drilling Highlights

Drill Hole ID
Gold (g/t)
Intercept (m)
From (m)
Gold (g-m)
MWRC22-003
27.06 g/t
over 16.8 m
from 59.5 m
456.3
MWRC22-010
11.98 g/t
over 13.7 m
from 134.2 m
164.1
MWRC22-021
3.98 g/t
over 41.2 m
from 24.4 m
164.0
25MN-011
1.24 g/t
over 92.8 m
from 59.1 m
115.1
MWRC22-018
4.90 g/t
over 22.9 m
from 62.5 m
112.2
MWRC22-021
0.79 g/t
over 126.5 m
from 170.9 m
99.9
GWUG20-001
12.47 g/t
over 7.6 m
from 25.3 m
94.8
24MN-009
1.69 g/t
over 55.7 m
from 118.9 m
94.2
24MN-007
63.70 g/t
over 1.0 m
from 221.3 m
63.7
24MN-007
6.08 g/t
over 9.4 m
from 167.9 m
57.2
MWRC22-018
5.19 g/t
over 9.2 m
from 112.9 m
47.7
25MN-011
1.50 g/t
over 25.2 m
from 303.7 m
37.7
MWRC22-018
1.22 g/t
over 30.5 m
from 212.0 m
37.2
MWRC22-018
1.28 g/t
over 25.9 m
from 259.3 m
33.2
25MN-016
0.91 g/t
over 36.4 m
from 46.0 m
33.1
MWRC22-012
3.85 g/t
over 7.6 m
from 27.5 m
29.3
MWRC22-014
3.53 g/t
over 7.6 m
from 79.3 m
26.8
25MN-017
0.80 g/t
over 33.1 m
from 118.4 m
26.5
24MN-003
2.45 g/t
over 6.7 m
from 199.3 m
16.4
25MN-016
0.40 g/t
over 12.2 m
from 113.4 m
4.9

2025 Drill Plan

Insert Harrison Pokrandt video sumary here

District Drill Targets

Multiple past producing assets looking to be connected through drilling.

Manhattan - Mineral Resource Next Steps

Technical Gallery

Technical Reports

Mineral Resource Estimate and NI 43-101 Technical Report, Manhattan Property, Nye County, Nevada
Corporate Safety Statement
Quality Assurance and Quality Control – QA/QC
Scorpio Gold
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