Mining Stock Daily Scorpio Gold Enters 2026 With Three Rigs Turning and a Clear Path to Resource Growth
Jan 13, 2026
Zane Kalyan, CEO of Scorpio Gold, discusses the company's ambitious drilling strategy in Nevada's Manhattan Gold District. With three rigs now operational, Zane aims for a target of two million ounces by 2026. He emphasizes the significance of balancing core resource expansion with distal targets. The conversation highlights the critical role of upcoming drill results and consistent market updates in attracting investor attention. Zane also shares insights on their robust resource grades, setting a solid foundation for future corporate developments.
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Three Rigs Focused On Rapid Resource Growth
- Scorpio Gold restarted drilling with three rigs to aggressively add inventory and pursue a 2Moz target by end of 2026.
- Zane Kalyan says the market backdrop and on-site activity create an ideal environment to convert drilling into ounces.
Holiday Pause Then Quick Restart
- Scorpio had three drills operating up until December 24th and paused for two weeks over the holidays.
- Zane Kalyan visited site recently and confirms drilling has restarted after that break.
Distal Targets To Prove District Scale
- Scorpio plans to shift rigs to distal historic targets like Keystone Jumbo and Black Mammoth to demonstrate district-scale potential.
- The company balances confirmatory desktop QA/QC work with new modern drilling to validate and expand those historic resources.