Scorpio Gold Corporation - SRCRF STOCK NEWS

Scorpio Gold (OTC Pink: SRCRF) has appointed Harrison Pokrandt as their new Vice President of Exploration. Mr. Pokrandt brings over eight years of diverse geologic experience, working on significant gold deposits globally, including projects in Canada, the US, Uzbekistan, Finland, Japan, and Mali. He has previously contributed to major projects like B2Gold's Fekola and Skeena Resources' Eskay Creek.

In his new role, he will lead Scorpio's exploration initiatives, focusing on the current drill campaign at the Manhattan Mine. Mr. Pokrandt's expertise includes corporate development and the use of machine learning for prospectivity analysis, which Scorpio aims to leverage for resource expansion and production acceleration. Additionally, Scorpio's shareholders have approved a new equity incentive plan.

Scorpio Gold (TSXV: SGN) has appointed Charles Funk to its newly formed advisory panel.

Funk, President and CEO of Heliostar Metals (TSXV: HSTR), brings over 18 years of experience in exploration, business development, and company management. He has led multiple deposit discoveries and contributed to capital raises exceeding $200 million.

Funk’s expertise will aid Scorpio's initiatives, including the Manhattan project, aimed at filing an NI-43101 compliant resource later this year. This strategic move aims to enhance Scorpio's team capabilities and shareholder value as it progresses its projects in Nevada’s Walker Lane Trend.

Scorpio Gold has announced the commencement of its 2024 Exploration Program at the Manhattan District in Nye County, Nevada. Phase 1 of the program involves drilling 5 initial holes, followed by 20 additional holes totaling 4,260 meters throughout 2024. The Manhattan District, known for its low-sulfidation epithermal gold deposits, will see surface diamond drilling to extend known mineralization along the Reliance Fault zone and other key structures. The goal is to produce a NI 43-101 compliant resource report later this year. The program will also include metallurgical testing using drill core samples. Additionally, the company has approved the settlement of $26,430 debt through the issuance of shares, subject to TSX Venture Exchange approval.

Scorpio Gold (TSXV: SGN, OTC Pink: SRCRF, FSE: RY9) has appointed William M. Sheriff to its Board of Directors. Mr. Sheriff, founder and Executive Chairman of enCore Energy, has over 40 years of experience in the minerals industry and has raised over $500 million in public markets. His experience includes founding Energy Metals Corp. and playing a key role in its $1.8 billion acquisition by Uranium One Corp. He brings significant expertise in uranium and gold exploration, with assets across the US and Canada. Scorpio Gold's CEO, Zayn Kalyan, welcomed Mr. Sheriff, emphasizing his valuable knowledge of Scorpio's assets. This addition follows the retirement of long-time director Peter Brieger, who has been with the company since 2013.

Scorpio Gold has engaged Daniel Kunz & Associates as technical consultants for its 2024 exploration program in the Manhattan District, Walker Lane Gold Belt, Nevada. Daniel Kunz, renowned for his international mining experience, will oversee the program, leveraging over 1,200 historic drillholes and new data to aim for a 43-101 compliant resource by year-end. Kunz's past roles include CEO positions at Ivanhoe Mines and Prime Mining, where he drove significant financial growth. Alongside Kunz, Peter Parsley, with extensive experience from Echo Bay Mines, will contribute to the project's success.

Scorpio Gold (TSXV: SGN) (OTC Pink: SRCRF) has appointed Chris Richards, a seasoned professional with over 20 years of experience in the mining industry, as its Chief Financial Officer. The company also announced amendments to the North Star Agreement, altering the payment terms and creating a restricted area around the North Star Property. These developments aim to strengthen Scorpio Gold's financial leadership and secure its position in the mining sector.

Scorpio Gold (TSXV: SGN) provides a Q1 corporate update and outlook for 2024 operations, highlighting a transformative period with amalgamation with Altus Gold Corp., successful private placement, and new management. The Company aims to create shareholder value through exploration at Manhattan Property, development at Mineral Ridge Mine, and potential acquisition of Northstar Property.

Scorpio Gold 's CEO to present at the 2024 Kinvestor Critical Minerals & Mining Virtual Conference, showcasing junior mining companies exploring critical minerals for the global energy transition.

Scorpio Gold Corporation completes acquisition of Altus Gold Corp., appoints new CEO and COO, closes Private Placement, and advances mineral exploration project in Nevada.