Phase II looking good! Scorpio Gold’s Phase II Drilling Program Encounters Significant Intercepts; 16.80 meters Grading 27.16 g/t Au, Including 3.1 meters Grading 145.74 g/t Au Thu, May 12, 2022, 3:00 PM
VANCOUVER, BC / ACCESSWIRE / May 12, 2022 / Scorpio Gold Corporation ("Scorpio Gold" or the "Company") (TSXV:SGN) is pleased to announce the commencement of a phase II reverse circulation (RC) drilling program at its Goldwedge property located in Manhattan, Nevada.
Boart Longyear was selected to conduct the RC drilling program which commenced on March 29, 2022. The planned program consists of 59 RC drill holes with a total of 10,800m and drilling is expected to continue for the next 6-7 months. The program was designed around results encountered in the 2021 Phase I program. The target areas are situated around the Manhattan West and East pits, and between the Goldwedge underground and the open pits. The proposed drill holes on section will be targeting the lateral extent and continuity of the mineralization trending toward NW strike direction of the West Pit. The drilling will also be used to confirm the underground continuity potential in down dip direction of the Reliance Fault zone which is host to high-grade gold mineralization targets. Additional prospective areas expected to be tested during this campaign of drilling, include the SE continuity of the mineralization structure from the West Pit towards East Pit area and identified new parallel structures at both NE and SW sections of West Pit.
Additional planning to confirm structural continuity for some areas with a diamond drill holes (DDH) have been designed and consist of 33 holes with total of 7400m of core drilling.
A total of 12 RC drill holes have been completed to date, which represents 22% (2,350 m) of the planned RC drill program.
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TSX-V: SGN) is pleased to announce significant results from underground channel sampling following completion of the bulk sampling program at its 100% owned Goldwedge Mine located in Manhattan, Nevada.
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Very impressive spike today, hope people were able to take advantage- never miss out on an opportunity in the Canadian markets- check out SmallCapCanada for the companies that are showing strong signs of growth- they always deliver quality reports that are packed with insightful info and market analysis- just a great resource for any investor- SmallCapCanada
M
This company is looking better month to month. Great buy right now
M
Stock price on it’s way back to $1 for sure
S
I think I am reading this correctly...there was 19 times the 3 month average volume. That’s insane. Today was a nice % jump up, but that much volume has to be indicating significantly larger growth and big numbers in the future.
R
What's this "option" business with Titan Mining? Is Scorpio selling out?
Scorpio Gold Corporation (“Scorpio Gold” or the “Company”) (TSXV: SGN) is pleased to announce high-grade results from a hole drilled to test the on-strike and down-dip continuity of mineralization within and below the current underground mine workings at the 100% owned Goldwedge property, located in Nevada. Scorpios best release so far!!
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Interesting: Richard William Warke, Canadian billionaire and chairman of -> Titan Mining Corp., is holding 25% of Scorpio Gold Corp!
Scorpio Gold’s Phase II Drilling Program Encounters Significant Intercepts; 16.80 meters Grading 27.16 g/t Au, Including 3.1 meters Grading 145.74 g/t Au
Thu, May 12, 2022, 3:00 PM
VANCOUVER, BC / ACCESSWIRE / May 12, 2022 / Scorpio Gold Corporation ("Scorpio Gold" or the "Company") (TSXV:SGN) is pleased to announce the commencement of a phase II reverse circulation (RC) drilling program at its Goldwedge property located in Manhattan, Nevada.
Boart Longyear was selected to conduct the RC drilling program which commenced on March 29, 2022. The planned program consists of 59 RC drill holes with a total of 10,800m and drilling is expected to continue for the next 6-7 months. The program was designed around results encountered in the 2021 Phase I program. The target areas are situated around the Manhattan West and East pits, and between the Goldwedge underground and the open pits. The proposed drill holes on section will be targeting the lateral extent and continuity of the mineralization trending toward NW strike direction of the West Pit. The drilling will also be used to confirm the underground continuity potential in down dip direction of the Reliance Fault zone which is host to high-grade gold mineralization targets. Additional prospective areas expected to be tested during this campaign of drilling, include the SE continuity of the mineralization structure from the West Pit towards East Pit area and identified new parallel structures at both NE and SW sections of West Pit.
Additional planning to confirm structural continuity for some areas with a diamond drill holes (DDH) have been designed and consist of 33 holes with total of 7400m of core drilling.
A total of 12 RC drill holes have been completed to date, which represents 22% (2,350 m) of the planned RC drill program.