Scorpio Gold Corp. announces it has granted the following to consultants and employees of the Company: 8,600,000 stock options , exercisable at $0.25 for five years, vesting in four equal tranches on January 25, 2026, July 25, 2026, January 25, 2027 and July 25, 2027; 180,000 restricted share units , vesting in three equal tranches on July 25, 2026, July 25, 2027 and July 25, 2028; and 7,750,000 RSUs, vesting in four [...]
Scorpio Gold Corp. is pleased to announce that through its wholly-owned subsidiary, Scorpio Gold Corporation , it has entered into a definitive agreement with an arm-length third party , for the sale of Mineral Ridge Gold, LLC , a wholly-owned subsidiary of Scorpio US . Under the terms of the Agreement, the Purchaser will acquire all membership interests in MRG, along with the related unpatented mining claims comprising [...]
Scorpio Gold Corp. is pleased to announce a Phase One diamond drill program totalling 3,400 metres in 12 holes at the 100% owned Manhattan District located in Nevada, USA . Drilling commenced on April 29, 2025 and four holes have been drilled to date, totalling 1,389 m. Scorpio plans to release an initial resource estimate for Manhattan in Q3, 2025. Scorpio has also digitized an enormous quantity of historical data [...]
Scorpio Gold Corp. is pleased to announce the final results from its 2024 drilling program at the Manhattan District Project , Nevada, USA. The 2024 drilling program was successful in its two goals of drilling to support an open pit focused, maiden mineral resource estimate, and drilling to test expansion potential of the Goldwedge Underground and Reliance Fault trends to the northwest of the historic Manhattan open pits [...]
Scorpio Gold Corp. is pleased to announce the appointment of Leo Hathaway to its Board of Directors and management team as Executive Technical Director. Leo Hathaway, P. Geo., is a Professional Geologist with 30 years of experience in the mineral exploration industry and is currently Executive Chairman of Golden Shield Resources Inc. and Senior Vice President of Lumina Gold Corp. Mr. Hathaway played a pivotal role in the [...]
Scorpio Gold Corp. is pleased to announce that it has closed the second and final tranche of its over-subscribed financing , through the issuance of a further 21,292,645 common shares of the Company at a price of $0.08 per Share, for gross proceeds of $1,703,411. In total, through the Financing, the Company raised $7,070,000 and issued 88,375,000 common shares. "We're excited to announce the successful closing of this [...]
Scorpio Gold Corp. is pleased to announce that it has closed a first tranche of its previously announced financing through the issuance of 67,082,355 common shares at a price of $0.08 per Share, for gross proceeds of $5,366,588, and that it intends to increase the total size of the Financing from $6 million to up to $7.05 million. In connection with the First Tranche, the Company paid finder's fees of $18,248 and issued [...]
Scorpio Gold Corp. is pleased to announce that it intends to close an over-subscribed first tranche of its previously announced $3.5 million non-brokered private placement , through the issuance of 67,957,355 common shares of the Company at a price of $0.08 per Share, for gross proceeds of $5,436,588. The Company plans to close a second and final tranche of the Private Placement for total proceeds of up to $6,000,000 on [...]
Scorpio Gold Corp. is pleased to announce that it intends to complete a non-brokered private placement for total proceeds of $3,500,000, consisting of up to 43,750,000 common shares of the Company at a price of $0.08 per Share. The Company may compensate certain eligible finders, in accordance with the policies of the TSXV, with a cash commission of up to 7% of the aggregate gross proceeds raised from the Offering, as [...]
Scorpio Gold is pleased to provide a summary of the highlights of its accomplishments in 2024 and reiterate the exciting catalysts for 2025. Scorpio Gold had a transformational year in 2024: Closed a $6M Private Placement and amalgamation with Altus Gold after upsizing our initial public offering of $4M due to unprecedented demand from institutions and high net worth investors. Closed a further $2.5M Private Placement [...]
Highlights Hole 24MN-009 returned: 1.69 grams per metric tonne gold over 55.7 metres . Wide high-grade intercept demonstrates open-pit potential of the Goldwedge Underground, further confirming larger open-pit potential for Manhattan District The Goldwedge Underground Stope Trend is open at depth and along strike. Scorpio Gold Corp. is pleased to announce further results from its 2024 drilling campaign at the Manhattan [...]
Scorpio Gold Corp. is pleased to announce that it will be participating in the upcoming 121 Mining Investment Dubai conference taking place on November 19-20, 2024 and will also be embarking on a European roadshow starting in Zurich, Switzerland on November 12, 2024 and Paris, France on November 14, 2024. Scorpio looks forward to working with Amvest Capital in Zurich and Atlantic One Financial in Paris for their expertise [...]