Scorpio Gold Corporation · TSXV:SGLD
Scorpio Gold — Investor Presentation (September 2025)
22 slides from Scorpio Gold's investor presentation, September 2025
Slide 1: A Consolidated Resource on Historic Assets in Nevada
A Consolidated Resource on Historic Assets in Nevada TSX.V: OTCQB: FSE: SGN SRCRF RY9 scorpiogold.com September 2025
Slide 2: Forward Looking Statements
Forward Looking Statements FORWARD LOOKING STATEMENTS Except for the statements of historical fact, the information contained herein is of a forward-looking nature such forward looking information Involves known and unknown risks, uncertainties and other factors which may cause the actual results, p
Slide 3: The Manhattan District
The Manhattan District TIER ONE JURISDICTION Located in Nevada’s Walker Lane Trend, four hours from Las Vegas. Consistently a top 2 mining jurisdiction in the world. GRADE & RECOVERY Historic open pit production greater than 2 g/t gold with best-in- class recoveries. INFRASTRUCTURE Includes wholly o
Slide 4: Share Structure and History
Share Structure and History as at August 13, 2025 PRICE SHARES Basic Outstanding 222,138,218 Options Outstanding $0.135-$0.41 16,212,217 Restricted Share Units Outstanding 8,830,000 Warrants Outstanding $0.08-$0.25 50,254,520 Fully Diluted 297,434,955 Newsletter Writer Coverage: Jeff Clark | The Gol
Slide 5: Goals & Milestones
Goals & Milestones Resource Expansion Drilling Maiden Mineral Resource Metallurgical Program Confirm Expanded Resource Consolidating District Potential & Geological Continuity & New Target Exploration Estimate 2024 Q2 2025 Q3-Q4 2025 Q3-Q4 2025 Q1 2026 AND ONGOING TSX.V: OTCQB: FSE: scorpiogold.com
Slide 6: In a League of its Own?
In a League of its Own? 2025 MAIDEN MINERAL RESOURCE Goal of greater than 500,000 oz Au. POTENTIAL Legend Development Project RECOVERY Active Mine 2025 MRE Historical open-pit production returned ~70% Au. Additional historical testing suggests 90+% Au is possible. GRADE Mineralization indicates +1 g
Slide 7: Our Team
Our Team Zayn Kalyan Andrea Yuan Harrison Pokrandt Jeff Lindstrom CEO & Director CFO VP Exploration VP Operations Over 20+ years in the industry, Andrea has Nine years in mineral exploration and has An experienced investment banker and 30 years experience in the mining industry, business development
Slide 8: Geology
Geology The deposit is a low sulphidation epithermal system adjacent to the collapsed Manhattan Caldera. Hosted in the same caldera complex and geologic formations as Round Mountain. Multiple mines in the district occur along the edges of the Manhattan Anticline. The Reliance Fault and other structu
Slide 9: Recent Drilling Highlights
Recent Drilling Highlights From To Intercept Gold Grade x Width Drill Hole ID (m) (m) (m) (g/t) (g·m) MWRC22-003 59.5 76.3 16.8 27.16 456.29 MWRC22-010 134.2 147.9 13.7 11.98 164.13 MWRC22-021 24.4 65.6 41.2 3.98 163.98 including 35.1 42.7 7.6 15.41 117.12 MWRC22-018 62.5 85.4 22.9 4.90 112.21 GWUG2
Slide 10: 2025 Drill Plan Map
2025 Drill Plan Map Gap Zone, located between the historic Goldwedge Underground and West Pit. Zanzibar Trend, connecting the Goldwedge to the third target zone. Follow up drilling on hole 24MN-009, with an interval of 1.69 g/t gold over 55.6 m. Mustang Hill’s historic underground mines. Follow up d
Slide 11: 2025 Resource Expansion
2025 Resource Expansion A Minimum of 10,000 metres of diamond drilling. Priority 1 Targets Priority 2 Targets Select downhole geophysics & televiewer surveys (structural West analysis). Pit East Metallurgical testing program. Pit Review of historic data, core and pulps. A’ TSX.V: OTCQB: FSE: scorpio
Slide 12: Mineralization
Mineralization Manhattan Long Section (A to A’) Looking Northeast, Section Thickness of 152.4 m A A’ +2286 ~1,800 metres +2057 +2057 +1829 ~300 m Priority 1 Targets Priority 2 Targets depth TSX.V: OTCQB: FSE: scorpiogold.com 12
Slide 13: 2025 Regional Exploration
2025 Regional Exploration Regional diamond drilling also targeting past producing Black Mammoth assets. Geochemical rock sampling & infill soil sampling. Round Rock Moriah Targeted geological structural mapping. Investigation of historical mines and workings. Claim wide geophysical survey. Keystone
Slide 14: Metallurgy
Metallurgy Four distinct historical production profiles with slightly different flow sheets, from 1978-2012. Gold is non-refractory (free). Historical heap leach recovery of 77% (1989-1990 production data from Echo Bay). Previous flotation with gravity testing recoveries greater than 90%. 2025 Metal
Slide 15: Thank you.
Thank you. Zayn Kalyan, CEO and Director [email protected] Harrison Pokrandt, VP Exploration [email protected] Investor Relations [email protected] TSX.V: SGN OTCQB: SRCRF FSE: RY9 scorpiogold.com September 2025
Slide 16: Appendix
SCORPIQ, GOLD CORPORATION aN Appendix
Slide 17: Manhattan Geology
Manhattan Geology A B’ A to A’: Long section of Manhattan, see Slide 12. B C’ B to B’: Cross section through hole 24MN-009. D’ E’ C to C’: Cross section through hole 24MN-007. C E D to D’: Cross section through Mustang Hill target. D West Pit East Pit E to E’: Cross section through north end of West
Slide 18: A to A' Mustang Hill Previous Results
‘A to A’ Mustang Hill Previous Results TSX.V: OTCQB: FSE: scorpiogold.com 18
Slide 19: B to B'
B to B’ TSX.V: OTCQB: FSE: scorpiogold.com 19
Slide 20: C to C'
C C’ C to C’ TSX.V: OTCQB: FSE: scorpiogold.com 20
Slide 21: D to D'
D to D’ Geology Legend Tv: Tertiary volcanics Oza: Ordivician Zanzibar argillite Ozl: Ordivician Zanzibar limestone Cms: Cambrian Mayflower schist Cg: Cambrian Gold Hill Formation Cgsp: sandy phyllite D Cgq: quartzite D’ Cgm: marble Cgp: phyllite TSX.V: OTCQB: FSE: scorpiogold.com NOTE: Figure from
Slide 22: West Pit Cross Section E to E'
West Pit Cross Section E to E’ E to E’ Au Grade Shells Looking Northwest, Grid Spacing = 300 ft, Section Thickness = 100m E E E’ E’ Consolidating District TSX.V: OTCQB: FSE: scorpiogold.com 22
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