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Resource Clips


Posts tagged ‘Scorpio Gold Corporation (SGN)’

Scorpio Gold reports Nevada Gold Assays up to 6.16 g/t over 7.6m

August 22nd, 2012

Resource Clips - essential news on junior gold mining and junior silver miningScorpio Gold Corporation TSXV:SGN announced drill results from the Mary LC Zone of its Mineral Ridge project in Nevada. Highlights include

1.09 grams per tonne gold over 4.57 metres
2.73 g/t over 3.05 metres
1.87 g/t over 3.05 metres
4.74 g/t over 4.57 metres
1.47 g/t over 6.1 metres

The Mineral Ridge gold mine is located 56 kilometres southwest of Tonopah in Esmeralda County, Nevada. The property consists of 351 mining claims totalling 4,118 hectares. Scorpio Gold holds a 70% interest in the project, and Waterton Global Value LP holds 30%. Commercial production began January 1, 2012, with 1Q production of 7,197 ounces gold, 3,174 ounces silver.

View Company Profile

Peter J Hawley
President/CEO
819.825.7618

Jim Macdonald
Investor Relations
858.456.7300

by Kevin Michael Grace

Scorpio, Golden Phoenix report Nevada Gold Assays including 12.91 g/t over 3.1m

October 18th, 2011

Resource Clips - essential news on junior gold mining and junior silver miningScorpio Gold Corporation TSXV:SGN in joint venture with Golden Phoenix Minerals Inc announced drill results from the Brodie zone of its Mineral Ridge project in Nevada. Highlights include

1.01 g/t gold over 6.1 metres
12.91 g/t over 3.1 metres
1 g/t over 4.6 metres
1.74 g/t over 3.1 metres
1.08 g/t over 4.6 metres
2.21 g/t over 4.6 metres
2.69 g/t over 3.1 metres
2.65 g/t over 3.1 metres
2.61 g/t over 3.1 metres

Scorpio holds a 70% interest in the Mineral Ridge project, Golden Phoenix holds the remaining 30%. Scorpio President/CEO Peter Hawley said, “Our initial drilling on the Brodie Zone, located 975 metres southwest of the Drinkwater pit, has intersected mineralization of interest, in particular drill hole MR11210, which terminated in high-grade mineralization. Additional drilling on the Brodie Zone is planned following review and compilation of the latest results together with historical drilling. Meanwhile, the drill has moved to the Wedge Zone for initial drill testing in that area.”

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Contact:
Scorpio Gold Corporation
Peter J Hawley
President/CEO
819.825.7618

by Ted Niles

Scorpio, Golden Phoenix report Nevada Gold Results of 15.85 g/t over 3.1m

September 26th, 2011

Resource Clips - essential news on junior gold mining and junior silver miningScorpio Gold Corp TSXV:SGN in joint venture with Golden Phoenix Minerals Inc announced results from their Mineral Ridge Project in Nevada. Highlights include

15.85 g/t gold over 3.1 metres
3.32 g/t over 6.1 metres
3.29 g/t over 6.1 metres

Scorpio is project operator and holds a 70% interest in Mineral Ridge. Scorpio can increase its interest to 80% by funding all capital expenditures required to produce at least 3,500 gold ounces per month for four consecutive months.

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Contact:
Scorpio Gold Corp
Peter J. Hawley
President/CEO
819.825.7618

by Greg Klein

Scorpio reports Nevada Gold Assays up to 3.03 g/t over 12.2m

April 13th, 2011

Scorpio Gold Corporation TSXV:SGN announced drill results from its Mineral Ridge Gold Deposit in Nevada. Highlights include 1.52 g/t gold over 9.2 metres, 1.69 g/t over 13.7 metres (including 2.28 g/t over 9.2 metres), 0.92 g/t over 12.2 metres (including 1.17 g/t over 9.2 metres), 1.11 g/t over 4.6 metres, 1.07 g/t over 6.1 metres, 5.53 g/t over 1.5 metres, 1.81 g/t over 15.2 metres, 3.57 g/t over 6.1 metres, 1.79 g/t over 4.6 metres and 3.03 g/t over 12.2 metres.

President/CEO Peter Hawley commented, “The initial 2011 exploration drilling has been successful in expanding the known mineralization beyond the existing open pit areas. For example, results to date for the Mary North area report mineralization extending to over 300 metres beyond the existing pit wall. These results demonstrate the widespread nature of mineralization that hosts the Mineral Ridge deposit, and the opportunity for Scorpio Gold to significantly expand the mineral resource base. The company will continue to release results as they are received and compiled.”

View Company Profile

Contact:
Peter J. Hawley
President/CEO
819.825.7618

by Ted Niles