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

April 1
22 mins

Episode Description

Host Bill Powers interviews Scorpio Gold 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

TSX.V: SGN -- OTCQB: SRCRF -- FSE: RY9
www.ScorpioGold.com

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