Scorpion Minerals reports high grade gold results at Pharos Project and forms partnership with Gylden Resources.

Scorpion Minerals Limited (ASX: SCN) has announced shallow, high-grade gold mineralisation results from drilling at its Pharos Project in Western Australia, including standout intercepts such as 5m @ 2.59 g/t Au from 6m and 1m @ 9.52 g/t Au from 5m. The company has also entered into a strategic partnership with Gylden Resources, owner of the 2.1Mtpa Kirkalocka processing plant, to explore development and processing opportunities through toll milling, ore purchase, or joint venture.

Scorpion further strengthened its position by securing three new exploration licences near Kirkalocka and receiving early option exercises totaling AU$701,000. Follow-up drilling and detailed mapping are planned to advance exploration across several high-grade gold targets. The collaboration with Gylden enhances Scorpion’s potential to accelerate commercialisation within the Murchison region, leveraging combined technical expertise and infrastructure advantages.

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