NEWS... "results of the fall 2011 and the initial 2012 drilling clearly demonstrate they are one in the same deposit, connected by the Brodie Northwest zone"
Seems like significant news yet not one comment from CEO. Bare bones NR IMO.
Again, not to pump GGN but they have also gone into a similar 'silent mode' re: no detail in NRs. Waterton running the show at bothin companies now?
red911
Scorpio Gold drills 24.39 m of 0.9 g/t Au at Mineral
2012-05-24 09:44 NT - News Release
Mr. Peter Hawley reports
SCORPIO GOLD DRILLING INTERSECTS 24.39 METRES GRADING 0.90 G/T GOLD ON BRODIE NORTHWEST TREND, MINERAL RIDGE PROJECT
Scorpio Gold Corp. has released initial results from its 2012 drilling program on the Brodie Northwest zone, located 975 metres (3,200 feet) southwest of the current mining in the Drinkwater pit at the 70-per-cent-owned Mineral Ridge project, Nevada.
The 2012 drilling program has initially targeted the Brodie Northwest extension to determine the extent of the mineralized corridor that trends northwest toward the Bluelite Zone. Previous operators thought the Bluelite and Brodie zones were two separate mineralized bodies; however, results of the fall 2011 and the initial 2012 drilling clearly demonstrate they are one in the same deposit, connected by the Brodie Northwest zone.
Results from the first eight holes of the Company's 2012 drilling program on the Brodie Northwest Zone are presented below. For previously released results on the Brodie and Brodie Northwest zones, please refer to the Company's news releases of October 18, 2011 and November 15, 2011 respectively. Infill and step-out exploration drilling continues at Mineral Ridge; results will be released as received and compiled.
Brodie Northwest Zone - Significant Drill ResultsHole From To Width From To Width Gold GoldNo. (ft) (ft) (ft) (m) (m) (m) (OPT) (g/t)MR12354 460 470 10 140.24 143.29 3.05 0.017 0.58 530 535 5 161.59 163.11 1.52 0.016 0.55MR12355 205 210 5 62.50 64.02 1.52 0.037 1.27 215 230 15 65.55 70.12 4.57 0.010 0.35 250 255 5 76.22 77.74 1.52 0.029 0.99 295 300 5 89.94 91.46 1.52 0.016 0.55 310 315 5 94.51 96.04 1.52 0.023 0.79 345 350 5 105.18 106.71 1.52 0.029 0.99MR12356 375 400 25 114.33 121.95 7.62 0.036 1.23 420 440 20 128.05 134.15 6.10 0.021 0.72MR12357 305 310 5 92.99 94.51 1.52 0.016 0.55 400 410 10 121.95 125.00 3.05 0.035 1.20MR12358 305 310 5 92.99 94.51 1.52 0.036 1.23 380 460 80 115.85 140.24 24.39 0.026 0.90MR12359 305 315 10 92.99 96.04 3.05 0.107 3.65 465 485 20 141.77 147.87 6.10 0.024 0.82 510 520 10 155.49 158.54 3.05 0.022 0.74MR12360 375 380 5 114.33 115.85 1.52 0.020 0.69 435 440 5 132.62 134.15 1.52 0.021 0.72MR12361 445 450 5 135.67 137.20 1.52 0.022 0.75 485 490 5 147.87 149.39 1.52 0.033 1.13
A drill hole location map for the Brodie, Bluelite, Solberry, Oromonte and Wedge B zones is available at: www.scorpiogold.com/i/maps/mr/MR_DHplanW.jpg.
All holes presented in the above table were completed by reverse circulation (RC) drilling. True width is estimated at approx. 90% of downhole width. Analytical results were performed by American Assay Laboratory Inc. ("AAL") in Sparks, Nevada, USA. AAL does not have ISO/IEC 17025 accreditation but implements a quality management system following ISO/IEC 17025 standards and maintains a paperwork trail for ISO/IEC 17025 accreditation. AAL participates in a number of testing and certification programs, details of which are presented in the Company's quality assurance and quality control (QA/QC) program for the Mineral Ridge project at: www.scorpiogold.com/i/pdf/reports/QAQC-MR.pdf. External check assays to verify lab accuracy are routinely completed by ALS Chemex, an ISO 9001:2000 certified and ISO/IEC 17025:2005 accredited laboratory.
Scorpio Gold's President & CEO, Peter J. Hawley, PGeo, is a Qualified Person for the Mineral Ridge project and has reviewed and approved the content of this release. For additional information please see the Company's website at www.scorpiogold.com.
We seek Safe Harbor.