“Hole 57 is a Discovery Hole”: Scorpio Gold Hits at Black Mammoth Target explains Leo Hathaway

Host Bill Powers interviews Scorpio Gold (TSX.V: SGN — OTCQB: SRCRF — FSE: RY9) CEO Zane Kalyan and Executive Technical Director Leo Hathaway about exploration at the consolidated Manhattan District in Nevada ten miles south of Kinross’ Round Mountain. Hathaway explains why the underexplored trend with historic pits and workings attracted him, his role overseeing exploration and communicating a Lumina Group-style plan to grow the current 740,000-ounce pit-constrained inferred resource toward a 2-million-ounce year-end target and possibly beyond. They discuss Black Mammoth’s geology on the Reliance Fault and why hole 57 is viewed as a “discovery hole,” highlighted by 40.23m of over 1 g/t gold from 195m downhole, with systematic 50 m step-outs and additional holes underway. They also review early Iron Queen diamond-drill results, ongoing three-rig drilling, six holes recently shipped for assays, claim diligence, and additional targets such as Keystone Jumbo and Hooligan, plus the district’s April Fool claim history.

00:00 Intro

00:43 Why Leo Chose Scorpio Gold

03:10 Nevada District Overview

03:58 Exploration Strategy and Goals

05:37 Black Mammoth Discovery

08:17 Underground Development Angle

10:01 Discovery Hole and Step Outs

11:44 Iron Queen Results

13:11 Drilling Update and Assays

14:38 April Fool Deposit History

16:11 Claims and Title Security

17:43 Conclusion