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 nozzpackon Jan 24, 2025 11:13am

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Post# 36418995

Recent Drilling..Recent Bonanza High grade Intercepts

Phase 1. This interval is a good one given that the goal is to delineate a large open pit resource. VP Exploration Harrison Pokrandt is cautiously optimistic about holes #9 & #10 which had strong drill core recovery.

This hole demonstrated the potential to connect high-grade Au mineralization from the Goldwedge underground area to the Echo Bay West & East Pits, a strike length of ~1.8 km. Hole 24MN-007 confirmed mineralization associated with the Reliance Fault.

The team is excited about places (contacts) where the Reliance Fault intersects the Caldera where Kinross has its world-famous, long-lived, Round Mountain mine. Readers are reminded that Scorpio completed successful RC programs in 2021-22, intercepting very significant mineralization.

In the results shown below, [16.8 m at 27.2 g/t Au, incl. 3.1 m at 145.7 g/t] and [5.6 m at 50.2 g/t Au, incl. 0.9 m at 260.9 g/t] are spectacular. Those holes were drilled recently by Scorpio, not decades ago by other companies.