scorpiogold.com
About company
Scorpio Gold Corporation (TSX-V:SGN) a Canadian-based gold producer. The Company holds a 70% interest in the Mineral Ridge gold project with joint venture partner Elevon, LLC (30%). Mineral Ridge is a conventional open pit heap leach operation, located 6 km northwest of the town of Silver Peak and 56 km west of Tonopah in Esmeralda County, Nevada. The property is host to multiple gold-bearing structures, veins and lenses at exploration, development and production levels. Scorpio Gold achieved commercial production status at Mineral Ridge on January 1, 2012 and as of September 2015 total production exceeded 142K ounces of gold. Production in 2015 is forecast at 38,000-40,000 ounces of gold at an estimated total cash cost of US$800-$850 per ounce of gold sold. Scorpio Gold also holds a 100% interest in the advanced exploration-stage Goldwedge property in Manhattan, Nevada, with a fully permitted underground mine and 400 ton per day mill facility that is currently on care and maintenance.
