Scorpio Gold produces 5,741 ounces of gold in first quarter
The three months to end March saw 2,854 ounces of silver generated, against 3,921 ounces in the same period last year
Company
CVE:SGN
Scorpio Gold holds a 100% interest in the Manhattan District located in the Walker Lane Trend of Nevada, USA. The company's Manhattan District is ~4,780-hectares and comprises the advanced exploration-stage Goldwedge Mine, with a 400 ton per day maximum capacity gravity mill, and four past-producing pits that were acquired from Kinross in 2021.
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The three months to end March saw 2,854 ounces of silver generated, against 3,921 ounces in the same period last year
Scorpio anticipates production of gold at Mineral Ridge to be between 20 - 25,000 ounces..
Recent news has seen it draw a line under a legal dispute and begin work in a bid to increase output from its Mineral Ridge gold project
The work consists of 34 holes to provide sampling of around 6.3mln tonnes of mineralized material contained within the pad.
Canadian gold producer Scorpio Gold Corp. shares jumped nearly 10% on Tuesday after it signed a letter of intent with Lode-Star Mining Inc. for a custom milling agreement to provide custom milling of mineralized material at the company's Go
“The company determined that it was in its best interest to settle the case for an amount of US$1 million and end the costly litigation”
Scorpio Gold Corp, a junior Canadian miner operating in the US, released final results from its 2016 exploration drilling program at the Custer, Drinkwater Highwall and Mary LC phase 4 target areas at its 70%-owned Mineral Ridge project, lo