Scorpio Gold drills 2.77 g/t gold over 12.68 metres from 58.64 metres on Zanzibar Trend, Manhattan, Nevada

Highlights Hole 26MN-080 returned: 2.77 g/t gold over 12.68 metres ("m") from 58.64 m , including 20.93 g/t gold over 1.58 m from 64.62 m along the Zanzibar Trend. 0.73 g/t gold over 28.38 m from 82.20 m along the Zanzibar Trend. Hole 26MN-083 returned: 0.49 g/t gold over 23.16 m from 72.06 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) 26MN-071: 11.34 m grading 2.68 g/t gold (May 21, 2026) Vancouver, British Columbia--(Newsfile Corp. - May 28, 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-077, 26MN-079, 26MN-080, 26MN-083, and 26MN-085, see Figure 1 .

The results are tabulated in Table 1 and discussed below. Scorpio Gold has drilled 89 drill holes to date from its Phase Two diamond drilling program, 25MN-011 through 25MN-045, 26MN-046 through 26MN-100, for a grand total of 25,399 m . With the results herein, Scorpio Gold has reported assays on 72 of these (25MN-011 through 25MN-045 and 26MN-046 through 26MN-077, 26MN-079 through 26MN-081, 26MN-083 and 26MN-085), totalling 21,039 m, and assays are pending from 17 holes (26MN-078, 26MN-082, 26MN-084 through 26MN-100), totalling 4,360 m.

The pending results will be reported as they become available. "Step-out drilling along the Zanzibar Trend continues to sharpen our structural understanding of the corridor while continuing to expand the mineralized footprint with each successful intercept. Holes 26