Welcome to our dedicated page for Scorpio Gold news (Ticker: SRCRF), a resource for investors and traders seeking the latest updates and insights on Scorpio Gold stock.
Scorpio Gold Corp. (OTCQB: SRCRF; TSXV: SGN; FSE: RY9) generates frequent news as it advances the Manhattan District, a consolidated gold exploration project in Nevada, USA. Company news releases focus on drill results, mineral resource estimates, property transactions, and corporate updates related to this historic gold camp.
Recent announcements highlight multi-phase drilling programs at Manhattan, including a Phase 1 diamond drilling campaign and a planned Phase 2 program targeting at least 50,000 metres of drilling. News items detail assay results from key areas such as the Gap Zone between the Goldwedge Mine and the West Pit, the Reliance Trend, Mustang Hill, and the West Pit extensions, with intervals reported from both near-surface and deeper structural zones.
Scorpio Gold’s news flow also covers technical milestones, including the filing of a NI 43-101 technical report containing a maiden inferred mineral resource estimate for the Goldwedge and Manhattan Pit areas, and the disclosure of a historical mineral resource estimate for satellite deposits like Black Mammoth, Hooligan, Keystone, and April Fool. Additional releases describe the identification of 19 high-potential exploration targets across the district and the ongoing digitization and compilation of extensive historical data.
Beyond drilling and resources, news updates include property and corporate developments, such as the sale of Mineral Ridge Gold, LLC and the receipt of deferred payments, as well as an option agreement on the Betty East Property in Nye County, Nevada, which is interpreted to be geologically contiguous with the southern portion of the Manhattan District. Investors can also follow coverage of marketing activities, conference participation, and changes in corporate roles.
This page aggregates these disclosures so readers can review Scorpio Gold’s latest drill results, technical reports, property agreements, and corporate announcements related to SRCRF and its Nevada gold exploration activities.
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.
Summary not available.
Summary not available.
Summary not available.
Summary not available.
Summary not available.