Scorpio Gold Drills 2.68 g/t Gold over 11.34 Metres from Surface at Manhattan, Nevada

Highlights Hole 26MN-071 returned: 2.68 g/t gold over 11.34 metres ("m") from 0.76 m , including 6.54 g/t gold over 3.41 m from 8.69 m along the Zanzibar Trend. Hole 26MN-070 returned: 0.69 g/t gold over 23.23 m from 4.05 m , including 1.61 g/t gold over 8.38 m from 18.9 m along the Zanzibar Trend. The Zanzibar Trend has now returned multiple high-grade intercepts across successive step-out holes, including: 25MN-044: 49.62 m grading 3.14 g/t gold (February 19, 2026) 26MN-063: 22.25 m grading 2.09 g/t gold (April 16, 2026) 26MN-067: 10.40 g/t gold over 5.67 m, including 455.52 g/t gold over 0.49 m (May 5, 2026) Vancouver, British Columbia--(Newsfile Corp. - May 21, 2026) - Scorpio Gold Corp. (TSXV: SGN) (OTCQB: SRCRF) (FSE: RY9) (" Scorpio Gold ", or the " Company ") is pleased to announce results from five step-out holes of the Phase Two drill program at the Manhattan District Project (" Manhattan "), Nevada, USA: 26MN-069 and 26MN-072, see Figure 1 .

The results are tabulated in Table 1 and discussed below. Scorpio Gold has drilled 84 drill holes to date from its Phase Two diamond drilling program, 25MN-011 through 25MN-045, 26MN-046 through 26MN-094, for a grand total of 24,312 m . With the results herein, Scorpio Gold has reported assays on 75 of these (25MN-011 through 25MN-045 and 26MN-046 through 26MN-076, and 26MN-081), totalling 21,652 m, and assays are pending from 9 holes (26MN-077 through 26MN-080 and 26MN-082 through 26MN-094), totalling 2,660 m.

The pending results will be reported as they become available. "Holes 26MN-070 and 26MN-071 continue to extend the Zanzibar Trend beyond the current Inferred Resource Constraining Pit, with 26MN-071 returning 2.68 g/t gold over 11.34 metres from just 0.76 metres depth - essentially from surface. The near-surface nature of this mineralization is an important characteristic of the Zanzibar Trend that we expect to be meaningful as we evaluate the broader resource potential of this corridor.

As we step out along th