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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Comment by vijay99on Feb 21, 2013 5:15pm

268 Views

Post# 21025191

RE: RE: sprott sold holdings

Hi Belgie, I can not provide up to the moment info lol. However, it would not suprise me if they bought back in. Major trend line support at 36-38c range.

Off topic but relevant:

I was looking at Golden Phoenix's mineral reserve estimates and it looks like with the drilling on the Mary LC zone we should have 700k measured and indicated (not probable reserves) at mineral ridge.

The infill Drilling and Mary LC should add to the mine life in 2013 with the satellite deposits.

I am expecting the mine life at mineral ridge to expand from 3 years to 7-9 years in 2013.

For new people to sgn's message board.

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