Scorpio Gold’s ADSs began trading on Nasdaq under SGLD, and the stock is topping the exchange’s gainers list after new high-grade drill results from the Manhattan District.
Investorideas.com (www.investorideas.com), a leader in mining investing news and home of the Exploring Mining Podcast, issues a news and trading alert for Scorpio Gold Corp. (NASDAQ: SGLD) (TSXV: SGLD).
The stock makes the Nasdaq top percentage gainer list today – currently the top gainer trading at 11.66 +6.57 following drill results and its Nasdaq listing yesterday.
Scorpio (TSXV: SGLD) is trading at 0.4300+0.0750 (+21.13%) on the TSX Venture.
The stock just announced that its American Depositary Shares (“ADSs”) commenced trading on the NASDAQ Capital Market under the ticker symbol “SGLD” effective at the opening of trading on September 1, 2026. Each ADS represents twenty (20) common shares of the Company (the “Common Shares”).
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Drill Highlights
Hole 26MN-115 returned, at Goldwedge:
3.02 g/t gold over 48.92 metres (“m”) from 118.87 m including 19.29 g/t gold over 5.24 m from 151.79 m within the Zanzibar Formation.
5.14 g/t gold over 10.15 m from 173.58 m, at the faulted contact of the Zanzibar Formation and Manhattan Caldera Volcanics.
0.46 g/t gold over 16.70 m from 210.92 m within the Manhattan Caldera Volcanics
Hole 26MN-118 returned, at Goldwedge:
1.19 g/t gold over 99.94 m from 98.61 m including 5.13 g/t gold over 4.16 m from 147.82 m within the Zanzibar Formation.
Hole 26MN-116 returned, along the Zanzibar Trend:
0.93 g/t gold over 22.16 m from 95.71 m including 3.72 g/t gold over 3.75 m from 98.66 m, within the Gold Hill Formation.
0.84 g/t gold over 25.05 m from 205.07 m including 3.63 g/t gold over 3.47 m from 213.33 m, within the Gold Hill Formation.
Scorpio Gold announced results from four drill-holes of the Phase Two drill program at the Manhattan District Project (“Manhattan”), Nevada, USA: 26MN-113, 26MN-115, 26MN-116, and 26MN-118, see Figure 1. The results are tabulated in Table 1 and discussed below. Scorpio Gold has drilled 114 drill holes to date from its Phase Two diamond drilling program, 25MN-011 through 25MN-045, 26MN-046 through 26MN-123, for a grand total of 32,585 m. With the results herein, Scorpio Gold has reported assays on 107 of these (25MN-011 through 25MN-045, 26MN-046 through 26MN-116, and 26MN-118, totalling 30,889 m, and assays are pending from 7 holes (26MN-117 and 26MN-119 through 26MN-123), totalling 1,696 m. The pending results will be reported as they become available.
“Manhattan keeps delivering on the two things that matter most in this market: scale and grade. Hole 26MN-115 – 19 gram per tonne gold over 5 metres contained within 3 grams across 48 metres – confirms that high grade feeder zones sit within an expanding bulk tonnage envelope. Just as importantly, every hole at Goldwedge is sharpening our structural understanding of the system: we can now trace mineralization along the Reliance Fault, from the Zanzibar sediments in its hanging wall through to the Caldera volcanics at the contact, and that model is directly guiding where we drill next. Grades like these put a potential underground startup on the table as a nearer-term path to production, while the broader district – eight and a half kilometres of strike anchored by existing historic resources – needs modern, systematic drilling to expand toward its true district scale potential. Few juniors can offer that combination of near-term optionality and district-scale upside, and we intend to keep advancing both,” said Zayn Kalyan, CEO and Director of Scorpio Gold.
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