Scorpio Gold Corp. reports that certain of the directors of the Company have agreed to provide the Company with a short- term credit facility in order to maintain its operations over the short-term. The proceeds of the advances made under the credit facility will be used to bridge the Company's activities until all Goldwedge assays have been announced so that an equity placement can be conducted later in the year. As [...]
Scorpio Gold Corp. has elected to settle its semi-annual interest payment due on its US$7,125,000 secured subordinated convertible debentures in common shares of the Company. The interest payment date is October 26, 2021 and the interest payment record date is October 19, 2021. Subject to the approval of the TSX Venture Exchange the Company will issue a total of 4,581,401 common shares to settle its semi-annual interest [...]
Scorpio Gold Corp. is pleased to announce results from 5 holes drilled to test the northwestern extension of mineralization at the 100% owned Goldwedge property, located in Nevada. The current program is focused on defining the on-strike and down-dip continuity of mineralization intersected in the 2020 drilling program as well as testing new areas with the potential to define a mineral resource base. As previously [...]
Scorpio Gold Corp. is pleased to provide an update of its surface RC drilling program at the Manhattan West and East pits of the recently acquired Kinross Manhattan Property in Manhattan, Nevada. Recent results report near surface, high-grade mineralization over broad intersections in the West Pit area. Twenty-three holes representing 80% of the drill program have been completed to date, including 17 holes in the West Pit [...]
Scorpio Gold Corp. is pleased to provide an update of its surface RC drilling program at the Manhattan West and East pits of the newly acquired Kinross Manhattan Property in Manhattan, Nevada. Eleven holes of the planned 31 holes have been completed to date, including 6 holes in the East Pit area and 5 holes in the West Pit area. Assay results have been received for 7 of the 11 holes drilled to date including 2 holes [...]
Scorpio Gold Corp. is pleased to announce the commencement of a 4,800 meter surface reverse circulation drilling program targeting high-grade mineralized zones intersected in historic drilling below the mined-out Manhattan East and West pits as well as investigate the continuity of mineralization extending northward from the West Pit toward the Goldwedge underground workings on the newly acquired Kinross Manhattan [...]
Scorpio Gold Corp. regains 100% control of the Company's Mineral Ridge Property, located in Nevada as a result of Titan Mining Corporation's termination of an earn-in option agreement announced on August 31, 2020. The Mineral Ridge Property is comprised of approximately 14,000 acres of patented, fee-owned, and unpatented mining claims which include certain water rights . Historically, the property has produced [...]
Scorpio Gold Corp. is pleased to announce its planned surface drilling program for the newly acquired Kinross Manhattan Property in Manhattan, Nevada. The initial phase of drilling will target high-grade mineralized zones intersected in historic drilling below the mined-out Manhattan East and West pits as well as investigate the continuity of mineralization extending northward from the West Pit toward the Goldwedge [...]
Scorpio Gold Corp. has, subject to regulatory approval, retained Independent Trading Group Inc. to provide market-making service and to aid in maintaining an orderly trading market for the common shares of the Company effective May 1, 2021. The market-making service will be undertaken by ITG, a registered broker in compliance with the applicable policies of the TSX Venture Exchange and other applicable laws. For its [...]
Scorpio Gold Corp. on April 26, 2021 paid a total of US$355,274 to settle its semi-annual interest payment to its debentureholders. The Company has US$7,125,000 secured subordinated convertible debentures that mature on April 26, 2022. The debentures bear interest at the rate of 10% per annum, payable semi-annually. The Company did not exercise its option to pay this interest in shares and instead elected to settle this [...]
Scorpio Gold Corp. is pleased to announce results from the first 3 holes of its underground drilling program at the 100% owned Goldwedge property, located in Nevada. The current program is focused on defining the on-strike and down-dip continuity of mineralization intersected in the 2020 drilling as well as testing new areas with the potential to define a mineral resource base. Results to date indicate the extension of [...]
Scorpio Gold Corp. is pleased to announce the purchase from affiliates of Kinross Gold Corp. of the 4,300-acre Kinross Manhattan Property located adjacent and proximal to the Company's Goldwedge property in Nye County, Nevada. Scorpio Gold now controls 6,071 acres around the Goldwedge facility, providing the opportunity to expand surface operations and the potential for expanding underground mining and exploration. The [...]
+11900,00 %
-93,75 %
