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 Sep 04, 2013 2:41am

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Post# 21716699

goldwedge

Hi all. I got a few questions if anyone can help...

I am looking at goldwedge and it seems for the past few years RSM was stating it was near production, but it never put out a PEA or any sort of feasibility study on this.

What was preventing RSM from bringing this to production? And how will scorpio do this? How much investment is required to get this to production, or are they looking to build on the ashton resource before they even approach this question. Is the infrastructure even in place for to mine what they know is there via the ashton resource or is there a need for multi millions in investments for this?

Hi to Belgie and all the scorpio guys.

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