Scorpio Gold Corp V.SGN

Alternate Symbol(s): SRCRF

Metals & Mining Gold

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.

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Scorpio Gold Corp

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Post by vijay99on Oct 19, 2012 1:41pm

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Post# 20503778

2013 production

Hi, anyone know what a realistic production target for 2013 could be?

2012 is 30k ounces but that is due to a scale malfunction and not having the Mary Pit ramp up production. Also if they get approval to increase the stack height of the ore which the Amex study says they can do, that should suppliment the figures as well. That takes about 6 months from the date of appication.

I am guessing 40,000 ounces but am not sure, anyone have any information on this?

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