Scorpio Gold Corp.

Scorpio Gold Corp. has received approval from the Committee on Foreign Investment in the United States for the purchase of the Kinross Manhattan Property by Scorpio Gold from subsidiaries of Kinross Gold Corp. . CFIUS has determined that there are no unresolved national security concerns with respect to the purchase. The Manhattan project is located in Nye County, Nevada situated adjacent and proximal to Scorpio Gold's [...]

Scorpio Gold Corp. reports an announcement made by Titan Mining Corporation on February 26, 2021 regarding the Company's 100% owned Mineral Ridge project, Esmeralda County, Nevada. Titan Mining Corporation can earn an 80% joint venture interest by spending a total of US$35 million over a staged period of five years. If Titan spends the initial US$7 million of expenditures by January 1, 2022, it will also have the right to [...]

Scorpio Gold Corp. is pleased to announce significant results from underground channel sampling following completion of the bulk sampling program at its 100% owned Goldwedge Mine located in Manhattan, Nevada. As announced in its October 13, 2020 news release, the bulk sampling program was designed to drift through an area of high-grade mineralization intersected in 2020 drill hole GWUG20-001, which returned 7.6 m [...]

Scorpio Gold Corp. elected to settle its semi-annual interest payment on its US$7,175,000 secured subordinated convertible debentures by the issue of common shares at $0.18 per share as announced on October 19, 2020. Having now received the approval of the TSX Venture Exchange the Company has issued a total of 2,616,666 common shares to settle its semi-annual interest payment of $471,000 . Scorpio Gold Corp. Brian Lock [...]

Scorpio Gold Corp. has elected to settle its semi-annual interest payment due on its US$7,175,000 secured subordinated convertible debentures in common shares of the Company. The interest payment date is October 26, 2020 and the interest payment record date is October 19, 2020. Subject to the approval of the TSX Venture Exchange the Company will issue a total of 2,616,666 common shares to settle its semi-annual interest [...]

Scorpio Gold Corp. is pleased to announce it has closed the second and final tranche of a C$6 million private placement offering as announced on September 15, 2020. The first tranche closed on September 14, 2020 by the issue of 27,768,500 units at $0.16 per unit for proceeds of $4,443,000. The second and final tranche was closed by the issue of the balance of 9,731,250 units Augusta Investments Inc. for proceeds of [...]

Scorpio Gold Corp. is pleased to announce it has executed a definitive agreement for the acquisition of the Manhattan Project Properties located in Nye Country, Nevada situated adjacent and proximal to Scorpio Gold’s Goldwedge property . This acquisition of 4,300 acres combined with the Goldwedge 1,771 acres gives Scorpio Gold complete land control of 6,071 acres around the Goldwedge facility, providing the opportunity to [...]

Scorpio Gold Corp. is pleased to announce the commencement of an underground bulk sampling program and preliminary metallurgical testing at its 100% owned Goldwedge Mine located in Manhattan Nevada. The program is intended to provide additional information where 2020 drilling intersected high-grade gold and silver mineralization proximal to underground workings as reported in the Company’s news release dated July 27 [...]

Scorpio Gold Corp. announces that all resolutions put forward at the annual general and special meeting of the Company’s shareholders of the Company held in White Rock, British Columbia on October 2, 2020. Brian Lock, CEO, comments “Scorpio Gold’s founder and Chairman, Peter Hawley, chose not to stand for re-election to the Board of Directors. On behalf of Scorpio Gold and the Board, I wish to thank Peter and express our [...]

Scorpio Gold Corp. is pleased to announce it has closed the first tranche of a C$6 million offering as announced on August 31, 2020 and September 2, 2020. Of the C$6 million financing, C$4.6 million has been placed with Augusta Investments Inc. , a Canada-US based mining sector-focused management group led by its founder and Chairman, Richard Warke. An additional C$1 million has been placed with Palisades Goldcorp Ltd., a [...]