Gold Breaks $4,000 — Igniting a New Bull Market and Putting Scorpio Gold (OTCQB: SRCRF) at the Heart of Nevada’s Next Great Gold Rush.
Backed by Mining Legends, a Major Nevada District, and a Maiden Resource on the Horizon — SRCRF Could Be Poised for One of the Most Exciting Gold Discoveries Ahead.
Greetings All,
With gold prices smashing through $4,000 per ounce in 2025, global markets have officially entered a new era for precious metals. Analysts from Goldman Sachs, UBS, and Bank of America are calling for a sustained bull run, with some predicting gold could climb as high as $5,000 by 2026.
Yardeni Research projects gold could reach $5,000 by the end of 2026 and potentially $10,000 by the end of the decade.
This explosive backdrop is setting the stage for a select group of junior miners to become breakout performers — and Scorpio Gold Corporation (OTCQB: SRCRF) may be one of the most compelling.
Why Scorpio Gold Is Catching Investor Attention Now
Scorpio Gold Corporation (OTCQB: SRCRF) controls 100% of the Manhattan District Project, a consolidated land package located in Nevada’s Walker Lane Trend, one of the world’s most prolific gold belts.
The project lies just 15 kilometers south of Kinross Gold’s (NYSE: KGC, market cap $30B) Round Mountain Mine, a 15-million-ounce behemoth — and it shares the same geologic formations and caldera complex.
In September 2025, Scorpio Gold announced its Maiden Mineral Resource Estimate (MRE) — the first modern resource ever for this newly unified district.
The report outlined:
- 740,000 ounces of inferred gold
- 18.3 million tonnes grading 1.26 g/t gold
And this only reflects initial data — the company’s ongoing 2025 drill campaign has yet to be factored in.
CEO Zayn Kalyan calls the MRE a “starting point” toward building a multi-million-ounce resource in one of Nevada’s most historically rich districts.
Mining Legends Step In — Beaty and Sprott Back Scorpio Gold
In a rare and powerful endorsement, two of the mining world’s most influential figures — Ross Beaty and Eric Sprott — have taken cornerstone positions in Scorpio Gold’s CAD$8 million private placement.
- Ross Beaty, a billionaire often called the “Broken Hill of Billionaires” for his track record of founding and selling multi-hundred-million-dollar mining companies, committed CAD$4.4 million.
- Eric Sprott, one of the most successful gold investors of all time, added CAD$3 million.
Their participation represents a strong vote of confidence in Scorpio Gold’s team, project, and growth potential — the kind of institutional backing rarely seen at this stage of development.
Proceeds from the placement will accelerate exploration, expand drilling, and fast-track development across the company’s district-scale holdings.
The Manhattan Project: A Modern Rebirth of a Historic District
The Manhattan District spans ~4,780 hectares and includes:
- The Goldwedge Mine, with a 400-ton-per-day gravity mill
- Four past-producing pits acquired from Kinross in 2021
- More than 140,000 metres of historical drilling
SRCRF’s Maiden MRE marks a new chapter in the district’s long history, but the company also holds valuable historical resource estimates across several satellite deposits — Black Mammoth, April Fool, Hooligan, Keystone, and Jumbo — totaling 303,949 ounces grading 5.89 g/t gold.
These historical zones, once validated under NI 43-101 standards, could add significant ounces and grade to Scorpio’s overall resource base.
Vice President of Exploration Harrison Pokrandt highlighted one particularly high-grade interval from legacy data: “One of many examples from this process is uncovering the very high-grade interval in drill hole MH83-016, of 12.22 g/t over 70.1 metres, which sits in the Goldwedge target of the resource.”
Nevada: The World’s Gold Powerhouse
Nevada remains one of the safest, most productive, and mining-friendly jurisdictions on Earth. The state hosts world-class operations from Barrick and Newmont, robust infrastructure, and clear permitting frameworks.
For SRCRF, operating in Nye County means immediate access to power, roads, water rights, and skilled mining labor — a rare combination that minimizes development risk while maximizing return potential.
The Road Ahead: Building Toward a Multi-Million-Ounce Resource
Scorpio Gold’s 2025–2026 roadmap is designed to unlock the full potential of the Manhattan District:
- Completion of the Phase 2 drill program
- Publication of the full NI 43-101 technical report
- Expansion of current resources and conversion of historical ounces
- Ongoing metallurgical testing and exploration of untested high-grade zones
SRCRF has made the company’s goal clear: “To build a multi-million-ounce resource within one of Nevada’s most proven gold belts, just 15 km south of Kinross Gold’s 15-million-ounce Round Mountain Mine!
The Bottom Line
Gold’s historic surge above $4,000 has ignited a powerful bull market — and Scorpio Gold (SRCRF) sits squarely at the center of it.
To reiterate why the company should be on your radar:
- 100%-owned Manhattan District in Nevada’s world-class Walker Lane Trend
- 740,000 ounces inferred with multiple high-grade satellite deposits
- Backed by Ross Beaty and Eric Sprott with CAD$8M in strategic financing
- Multi-million-ounce resource target in motion
- Operating in a Tier-1 jurisdiction at the right time in the gold cycle
With its geological scale, historic grade, and unmatched financial support, Scorpio Gold may be the next great Nevada discovery story.
If gold prices climb and momentum builds, SRCRF could quickly emerge as one of the standout junior exploration plays in the space.
Discover why Scorpio Gold (OTCQB: SRCRF) could be at the center of America’s next major gold discovery — and a leader in Nevada’s 21st-century gold rush.
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