From Morning Watchlist <[email protected]>
Subject Next Nevada Million-Ounce Discovery? Meet SRCRF
Date December 16, 2025 3:06 PM
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Big money is moving into Nevada gold plays — and Scorpio Gold
(OTCQB: SRCRF) is catching serious attention right now. ͏  ͏
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 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.

[GOLD STOCK] [[link removed]]

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
[[link removed]]
projects gold could reach $5,000 by the end of 2026 and potentially
$10,000 BY THE END OF THE DECADE
[[link removed]]. 

This explosive backdrop is setting the stage for a select group of
junior miners to become breakout performers — and SCORPIO GOLD
CORPORATION (OTCQB: SRCRF) [[link removed]] 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. [[link removed]]

We are issuing this disclosure in compliance with Section 17(b) of the
Securities Act, which requires us to disclose any compensation
received or expected to be received in cash or in kind in connection
with the purchase or sale of any security.

We would like to inform you that we have received or expect to receive
compensation in connection with the purchase or sale of the securities
of Scorpio Gold Corporation (OTCQB: SRCRF). The compensation consists
of up to $6,500 and was received/will be received from Sideways
Frequency.

This communication should not be considered as an endorsement of the
securities of adviser Scorpio Gold Corporation (OTCQB: SRCRF) and we
are not responsible for any errors or omissions in any information
provided about the securities of Scorpio Gold Corporation (OTCQB:
SRCRF) by Huge Alerts or Sideways Frequency.

We encourage you to conduct your own due diligence and research before
making any investment decisions. You should also consult with a
financial advisor before making any investment decisions.

This disclosure is made as of 12/16/2025.

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