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Bullboard - Stock Discussion Forum
Scorpio Gold Corp
V.SGN
Alternate Symbol(s):
SRCRF
Metals & Mining
Gold
Scorpio Gold Corporation is a Canada-based company, which conducts mineral exploitation, exploration, and development activities in the United States. The Company holds a 100% interest in the consolidated Manhattan District in Nevada comprising the advanced exploration-stage Goldwedge property in Manhattan, Nevada with a fully permitted underground mine and a 400 ton per day mill facility. The...
100% owned Goldwedge property is located 54 kilometers (km) north-northeast of the town of Tonopah within the Manhattan Mining District of south-central Nevada. The 726-hectare (1,795 acre) property covers three separate claim blocks and encompasses the Goldwedge, Keystone and Jumbo gold deposits. It also holds a 100% interest in the Manhattan Property situated adjacent and proximal to the Goldwedge property. The 5,617 hectare (13,879 acre) Mineral Ridge property is located approximately six km northwest of the town of Silver ePeak and 56 km southwest of Tonopah in Esmeralda County, Nevada.
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TSXV:SGN - Post Discussion
Scorpio Gold Corp
> Info .Big Fish
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Goldy63
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Post by
Goldy63
on Dec 10, 2021 9:30am
Info .Big Fish
Subject:
Richard Warke. SGN 27%
Richard Warke
From Wikipedia, the free encyclopedia
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Richard Warke
Nationality Canadian
Occupation Businessman
Title Chairman, Augusta Group of Companies
Richard William Warke is a billionaire businessman based in Vancouver, British Columbia. He is the chairman of the Augusta Group of Companies, including Titan Mining Corp and Solaris Resources Corp.
Warke is also a partner in Fenway Sports Group, who own the Boston Red Sox and Liverpool in addition to other sports related assets.[1]
Career
Warke began his career in the mining industry over thirty years ago. One of his first large mining deals was the sale of Ventana Gold Corp. in 2011 to Eike Batista[2][3] for C$1.6 billion.[4] Ventana Gold was a gold company focused on developing its La Bodega Project covering 880 hectares in the California-Vetas district of Colombia.[5]
Three years after the sale of Ventana Gold, in 2014, Warke sold Augusta Resource Corp., an exploration company focused on the Rosemont Copper project in Pima County, Arizona.[6] As the company’s Executive Chairman, Warke led Augusta Resource Corp. until it was sold in a friendly takeover to HudBay Minerals Inc. for C$666 million.[7]
In 2016, Warke turned his attention to building NewCastle Gold,[8] a company exploring at the Castle Mountain Gold Project, a past-producing heap-leach gold mine in San Bernardino County, California. Warke and his team at NewCastle Gold began aggressively drilling at Castle Mountain, with a successful three-way merger announced one year later,[9] resulting in the creation of Equinox Gold now valued at $4 Billion.[10]
In one of the largest mining deals of 2018, Warke sold Arizona Mining Inc., which he founded in 2006 and led as its Executive Chairman.[4][11] Developing a zinc, lead and silver mine near the U.S. and Mexico border, Arizona Mining gained recognition for its discovery of the Taylor deposit, one of the world’s largest zinc deposits, which was discovered by Don Taylor.[12] In 2018, Arizona Mining was bought out for C$2.1 billion by Australian miner, South32.[13][14]
References (Quote) Then there is This . (Quote) The 27 % holder of Scorpio built Solaris Mining, Equinox Gold, I-80 Gold, Augusta Gold, Titan Mining and sold many others. Scorpio will NEVER have a cash problem with Richard Warke involved. Know your facts, Richard is a big player and having him involved brings insane value. check the link https://www.stockwatch.com/Quote/Detail?C:SGN
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