Morning Message: 6 Key Potential Catalysts Pin Low Float (Nasdaq: SGLD) To Our Radar

Hole 26MN-115 went into the ground

Any content you receive is for information purposes only. Always conduct your own research. *Disseminated on behalf of Scorpio Gold Corporation Morning Message: 6 Key Potential Catalysts Pin Low Float (Nasdaq: SGLD) To Our Radar *Click Here To Get Our Alerts Faster Via SMS* October 1st Greetings Readers, Hole 26MN-115 went into the ground at Goldwedge like dozens of holes before it. When the assays came back, Scorpio Gold Corporation (Nasdaq: SGLD) reported 3.02 g/t gold across 48.92 metres, including 5.24 metres grading 19.29 g/t. A second hole, 26MN-118, returned 1.19 g/t over 99.94 metres. That is a continuous run of mineralization longer than a football field. The release landed September 2nd. One day earlier, the company's American Depositary Shares had opened on the Nasdaq Capital Market under the symbol SGLD. History gives this story weight. The Manhattan District has produced roughly 700K ounces of gold since the late 1890s, and it sits about 15 kilometres south of Kinross's Round Mountain mine, which has produced more than 15Mn ounces, according to the SGLD's September 17th update. The scale is growing too. Phase Two now totals 114 holes and 32,585 metres, and the district already carries a maiden estimate of 740K ounces at 1.26 g/t in the inferred category. SGLD CEO Zayn Kalyan said grades like these open the door to a potential underground starter operation. Headline 2026 intercepts ranked by gram-metres. Data from Scorpio Gold's August 10th and September 2nd releases and earlier 2026 drill updates. Behind The Scenes: The CEO On The Record Kalyan sat down for a September 19th podcast interview a few weeks after the Nasdaq listing. He spent little time on the listing itself. Instead, he walked through what the drills are finding and where the team plans to aim next. Then he pulled out the map. His team is concentrating on a 2 kilometre strike inside an 8.5 kilometre package that holds past-producing mines and five historic resources. Two drills are turning, and the stated target is a resource update toward 2Mn ounces.   He also noted the company holds roughly C$8Mn after a no-warrant financing at C$0.25 per share. About Scorpio Gold Corporation Scorpio Gold Corporation is a Vancouver-based gold explorer and developer with one clear focus. It holds 100% of the Manhattan District in Nevada's Walker Lane Trend. The package includes the advanced exploration-stage Goldwedge Mine and four past-producing pits acquired from Kinross in 2021, backed by more than 140,000 metres of historical drilling plus permitting and water rights. The company doesn't generate mining revenue today. It funds drilling from its treasury and asset sales. It sold its Mineral Ridge subsidiary in August 2025 for total consideration of $7.5Mn, and it received the second deferred payment in May 2026. It then closed a C$10.8Mn public offering on July 23, 2026, with Velocity and Raymond James as agents. Its Q2 MD&A shows $8.43Mn of exploration capitalized at Goldwedge in the first half of 2026. The larger theme is domestic gold supply from a proven jurisdiction. Nevada's stable permitting and deep mining history make it one of the most closely watched places to find new ounces, and Manhattan sits in the heart of the Walker Lane. Sources And More: SGLD Website. SGLD Presentation. The Pivot: Putting Yesterday’s Material To The Test The newest move is a second track. The company has engaged SLR International, announced September 17th, to run a sonic drilling and metallurgical program across four historic surface facilities: the heap leach pad, tailings, waste dump, and low-grade stockpile. About 35 sonic holes are planned, with head test work covering gold and silver assays, sulfur and c-ya-nide amenability. “This program is about systematically quantifying this material,” Kalyan said. The goal is a data package that toll mills within trucking distance of Manhattan would need. Management notes that historical mining ran under lower gold prices and older recovery methods. If results warrant, a second phase would deliver a resource estimate additive to current inventory. The material is not yet a resource, and no tonnage has been disclosed. Current inferred ounces, a non-current historical estimate and the company's conceptual target. Data from the September 17th release and the company website. 6 Potential Catalysts Putting (Nasdaq: SGLD) On Our Watchlist #1. A Fresh Nasdaq Listing Opens The Door To U.S. Market Watchers. Since September 1st, (SGLD) has been listed on the Nasdaq Capital Market through an ADS structure that avoided a share consolidation. #2. Back-To-Back Wide Intercepts Point To Potential Bulk Scale. Recent Goldwedge holes returned 3.38 g/t over 33.31 metres and 1.19 g/t over 99.94 metres, adding to (SGLD)'s record of long mineralized runs. #3. Already-Mined Surface Material Could Become A Potential Second Track. The SLR-designed program tests whether surface material can support organic growth, a potential alternative to equity financing for (SGLD). #4. A Neighbor To One Of Nevada's Largest Gold Mines. Manhattan lies roughly 15 kilometres south of Round Mountain, and (SGLD) holds the entire consolidated district around it. #5. Nevada Ranks At The Top For Mining Attractiveness. The Fraser Institute's 2025 survey placed Nevada at the top globally, and (SGLD) holds 100% of its flagship district there. #6. Low Float Profile Could Mean The Potential For Heightened Volatility To Exist. Yahoo Finance lists a float of roughly 15.93Mn shares for (SGLD), so the potential for heightened volatility may be significant. Closing: Why This Name Is On Our Radar Scorpio Gold Corporation (Nasdaq: SGLD) has spent 2026 turning an old camp into a modern story. Wide intercepts, a maiden resource, a Nasdaq ticker, and a fresh treasury are now in place. The next chapters look clear: pending assays, a resource update and the first sonic results from the surface program. Consider SGLD for your radar and consider reviewing its filings on SEC EDGAR before the next update lands. We’re initiating coverage on Scorpio Gold Corporation (Nasdaq: SGLD). Stay tuned for updates heading out shortly. Talk soon. Sincerely, Kai Parker StockWireNews (Always Remember The St-ock Prices Could Be Significantly Lower Now From The Dates I Provided.) *StockWireNews.com (“StockWireNews” or “SWN” ) is owned by SWN Media LLC, a single member limited liability company. Data is provided from third-party sources and SWN is not responsible for its accuracy. Make sure to always do your own research and due diligence on any day and swing profile SWN brings to your attention. Any emojis used do not have a specific defined meaning, and may be used inconsistently. We do not provide personalized in-vest-ment advice, are not in-vest-ment advisors, and any profiles we mention are not suitable for all in-vest-ors. Pursuant to an agreement between SWN Media LLC and TD Media LLC, SWN Media LLC has been hired for a period beginning on 09/30/2026 and ending on 10/01/2026 to publicly disseminate information about (SGLD:US) via digital communications. Under this agreement, TD Media LLC has paid SWN Media LLC seventeen thousand five hundred USD ("Funds"). These Funds were part of the twenty five thousand USD funds that TD Media LLC received from a third party named Sideways Frequency LLC who did receive the Funds directly or indirectly from the Issuer and does not own st-ock in the Issuer but the reader should assume that the clients of the third party own shares in the Issuer, which they will liquidate at or near the time you receive this communication and has the potential to hurt share prices. Neither SWN Media LLC, TD Media LLC and their member own shares of (SGLD:US). Please see important disclosure information here: https://stockwirenews.com/disclosure/sgld-9pm9a/#details

SWN Media | 4808 NW 2nd Ave Unit #388 | Boca Raton, FL 33431 US Unsubscribe | Constant Contact Data Notice