Scorpio Gold Announces Commencement of Drilling at April Fool; Target Grab Samples Return Up To 59 g/t Gold
Key Highlights
- ➤Drilling commenced at April Fool Target, first systematic program there
- ➤Sample 616795 returned 59.02 g/t gold
- ➤48 samples averaged 6.14 g/t gold; all but one detected gold
- ➤Three samples exceeded 40 g/t gold
- ➤First drill assays expected by end of October
Expert Statements
Zayn Kalyan, President, CEO and Director of Scorpio Gold
“Our 2026 mapping and sampling program has now shown why we should: 48 selective grab samples averaging 6.14 g/t gold, all but one with detectable gold, three above 40 g/t and a peak of 59 g/t, all hosted in the same Zanzibar Limestone and caldera-margin fault setting that has delivered our most consistent drill results this year along the Zanzibar Trend.”
Zayn Kalyan, President, CEO and Director of Scorpio Gold
“With a rig mobilized this week and first assays expected by the end of October, we have a clear, near-term catalyst that could open an entirely new growth front at Manhattan.”
Leo Hathaway, Executive Technical Director of Scorpio Gold
“April Fool is one of the best under-drilled gold prospects I have visited in my career.”
Highlights * Mapping and sampling complete – Drill commenced this week to April Fool Target * Selective grab sample 616795 at April Fool Target returned 59 g/t gold * Three selective grab samples returned greater than 40 g/t gold * Thirty selective grab samples returned greater than 1 g/t gold * Total 48 selective rock chip and grab samples * Geological setting analogous to the Zanzibar Trend, where 2026 drilling has returned 3.14 g/t gold over 49.62 m (25MN-044) and 12.78 g/t gold over 5.91 m (26MN-067) Vancouver, British Columbia--(Newsfile Corp. - October 1, 2026) - Scorpio Gold Corporation (NASDAQ: SGLD) (TSXV: SGLD) (OTCQB: SRCRF) (FSE: RY9) ("Scorpio Gold" or the "Company") is pleased to announce that results from geological mapping and rock chip sampling have advanced the April Fool Target to drill-ready status, with a diamond core drill having commenced drilling earlier this week.
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