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Scorpio Gold Corp V.SGN

Alternate Symbol(s):  SRCRF

Scorpio Gold Corporation is a Canada-based company, which holds 100% interest in two past producing mines, the Manhattan Mine and the Mineral Ridge Mine, both located in the Walker Lane Trend of Nevada, United States. The Company's Manhattan District comprises the advanced exploration-stage Goldwedge Project, with an approximately 400 ton per day gravity mill. Adjacent to Goldwedge is the 4,300-acre Manhattan Project, which is centered on two past-producing pits. The Goldwedge property is located approximately 54 kilometers 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 Mineral Ridge gold project located in Esmeralda County, Nevada. The Mineral Ridge property comprises approximately 5,617-hectare (13,879 acre). The Company has acquired the Northstar property.


TSXV:SGN - Post by User

Bullboard Posts
Post by paperboy222on Dec 15, 2010 8:31pm
501 Views
Post# 17853188

Hard to get filled

Hard to get filledAnyone else having this problem? It took for ever to get a 15 k Fill today, Seeems holders dont want to part with shares in this range..

Heres some of the intersting parts of the Stock House  article..

because of the 1942 USA War Act, produced about 550,000 ounces of gold, ""with plenty of high-grade silver"""

..Peter Hawley says his 2011 goal is for one million old-equivalent ounces in a “proven and probable” resource category. “In our Drinkwater pit we already have 375,000 ounces proven and probable,” he says. “I had a theory that the primary mineralization was around the Mary Mine. It was these north-40-west stress faults and north-northeast wrenching faults and a secondary pulse with large dilation zones, my theory that is. We drilled a hole to test one of my theories and we hit 46 feet of 1.1 ounces per ton gold.” That was three miles to the west of the open pit on-site here at Silver Peak, Nevada

Tom Klein mentioned this project to me and (Canada asset manager) Eric Sprott was an investor because of a Golden Phoenix moly mine (this one in the USA). 

And for my part, I believe we’ll see Peter Hawley and the joint venture ramp up steady gold (and silver) production from the 53 miles of drifts beneath Mineral Ridge as soon as January or February 2011.


I have high expectations for my investment in this Company. Lets see if they can deliver..

Seasons Greatsings

cheers

Bullboard Posts