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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

Post by Goldy63on Dec 10, 2021 9:30am
96 Views
Post# 34217985

Info .Big Fish

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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