“Hole 57 is a Discovery Hole”: Scorpio Gold Hits at Black Mammoth Target explains Leo Hathaway
MiningStockEducation.com Apr 1, 2026
Summary
Scorpio Gold's Black Mammoth target yielded a discovery hole with 40.23m of over 1 g/t gold, validating the Reliance Fault structure with systematic 50m step-outs now underway.
The company aims to expand its current 740,000-ounce pit-constrained inferred resource toward a 2-million-ounce year-end target using a Lumina Group-style district consolidation plan.
Three rigs are actively drilling the Manhattan District in Nevada, with early diamond-drill results from the Iron Queen target and six holes pending assays.