Zayn Kalyan: Scorpio Gold CEO on the Manhattan Gold Project

Michael Fox interviews Zayn Kalyan, CEO of Scorpio Gold (TSX-V: SGN), about the company's Manhattan gold project in Nevada. Zayn explains that Scorpio Gold has consolidated 75-80% of the Manhattan district by combining the Goldwedge property with the historic Manhattan Mine, including a key acquisition from Kinross in 2021. He highlights the project’s potential to become a mid-tier gold mine and notes that Scorpio Gold has recently sold the Mineral Ridge mine to focus fully on Manhattan, with exploration now fully funded.

Zayn details the company’s aggressive staking and exploration efforts, including airborne geophysics and diamond drilling since 2021. Scorpio plans to expand its drilling campaign through next year by adding two more rigs in September, aiming to grow the resource base significantly and validate its multimillion-ounce gold potential. He emphasizes the importance of the Reliance fault structure and points out additional historic producing pits nearby that offer resource expansion opportunities.

The sale of Mineral Ridge was an all-cash deal that funds a large-scale 15,000-meter drill program at Manhattan—more than double the original plan—allowing the addition of extra drilling capacity. Zayn expects early drill results soon and targets adding 200,000 to 300,000 ounces by filling resource gaps. Scorpio Gold remains well-capitalized, with warrants exercisable at 20 cents as a possible future financing source.

This interview provides insight into Scorpio Gold’s strategic focus and exploration momentum as it advances the Manhattan Project toward becoming a significant gold producer in Nevada.

For more information, visit Scorpio Gold’s website at

https://scorpiogold.com

About Scorpio Gold Corp.

Scorpio Gold holds a 100% interest in two past producing projects, the Manhattan District and the Mineral Ridge Mine, both located in the Walker Lane Trend of Nevada, USA. Scorpio Gold's Manhattan District is ~4,780-hectares and comprises the advanced exploration-stage Goldwedge Mine, with a 400 ton per day maximum capacity gravity mill, and four past-producing pits that were acquired from Kinross in 2021 (see March 25, 2021, news release). The consolidated Manhattan District presents an exciting late-stage exploration opportunity, with over 100,000 metres of historical drilling, significant resource potential, and valuable permitting and water rights.