Mining Stock Daily Black Mammoth Delivers Scorpio Gold’s Next Growth Zone
Apr 2, 2026
Zayn Kalyan, CEO of Scorpio Gold, leads development and exploration at the Manhattan Gold District. He discusses a significant Black Mammoth step-out and broad mineralization beyond the current resource. Multiple rigs are active across Black Mammoth, Zanzibar and core zones. The team is pushing toward a multi-million-ounce target while keeping a steady flow of drill results to market.
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Black Mammoth Is A Key Step-Out Target
- Black Mammoth is the first true step-out target outside the current Manhattan resource envelope.
- It sits at the edge of the high-grade underground zone on a black jasperoid ridge where historic workings indicate district-scale potential.
Structural Setting Supports Concentrated Mineralization
- Black Mammoth lies at the confluence of major structures: the reliance trend, the caldera margin, and the core structure.
- That structural setting plus historic vertical holes suggests strong potential for concentrated mineralization rather than isolated hits.
Reported Hole Depths May Overstate True Vertical Depth
- Reported intercept depths can be deeper than true vertical depth due to long-angle holes drilled from specific permitted locations.
- Hole 57's +200 m intercepts were drilled at –45° from private patented ground, so communicated depth ≠ true vertical position.