Scorpio Gold Drills 9.4 g/t Gold over 13.05 Metres from 78.63 Metres at April Fool, a Modern Discovery Hole and an 850 M Step-Out from Core Manhattan Resource Area

Zayn Kalyan, CEO and Director of Scorpio Gold

“April Fool is the first step-out of magnitude from the Manhattan resource. It sits approximately 850 metres from the core corridor that has carried our drilling to date, and the first modern hole has returned 9.4 g/t gold over 13.05 metres. What makes this result so important is the setting. Our mapping identified April Fool as a direct analogue of the Zanzibar Trend, and 26MN-133 has confirmed it: a mineralized feeder structure on the contact between the caldera volcanics and the Paleozoic metasediments, the same control that has delivered repeated intercepts on the Zanzibar Trend throughout 2026. That opens the potential to extend the mineralized system well beyond the current resource footprint. This is a modern discovery hole outside the main resource corridor on one of the five historic resource areas at Manhattan, and we believe systematically drilling each of those areas is how we will demonstrate the true district-scale potential of the Manhattan District”

Leo Hathaway, Executive Technical Director of Scorpio Gold

“The results of this first modern drill hole at April Fool demonstrate that Scorpio's geological team understands mineralization controls at the many showings across the property and can target exploration drilling effectively. This is one of a series of target areas that have seen no modern drilling, and we will systematically test them all. Keystone Jumbo is another target we feel confident of success at, and this is the next target scheduled for modern drill testing. Scorpio views this pipeline of targets as areas of focused mineralization within a district scale hydrothermal system of impressive extent and endowment,, which further drilling will be required to define”