Scorpio Gold Corp. has elected to settle its semi-annual interest payment due on its US$7,015,000 secured subordinated convertible debentures in common shares of the Company. The interest payment date is April 26, 2022, and the interest payment record date is April 19, 2022. Subject to the approval of the TSX Venture Exchange the Company will issue a total of 5,194,976 common shares to settle its semi-annual interest [...]
Scorpio Gold Corp. has delivered notice to the holders of convertible secured debentures of the Company pursuant to Section 2.4 of the convertible secured debenture indenture between the Company and Computershare Trust Company of Canada, as trustee dated April 26, 2019, as amended by the first supplemental indenture dated November 18, 2019 that the Debentures are due and payable as of April 26, 2022 and that the Company [...]
Scorpio Gold Corp. is pleased to provide the final results of its surface RC drilling program at the Manhattan West and East pits at the recently acquired Kinross Manhattan Property in Manhattan, Nevada. Thirty-one holes were completed in this Phase I program, including 19 holes in the West Pit area and 12 holes in the East Pit area . Assay results for 12 holes drilled in the West Pit and 5 holes in the East Pit area were [...]
Scorpio Gold Corp. announces that effective immediately, Chris Zerga has been appointed as the President and Chief Executive Officer of the Company. Chris Zerga has been with Scorpio Gold since its inception in 2009 and was the General Manager for the Company's Mineral Ridge and Goldwedge projects. He was President of Scorpio Gold from August 2016 to July 2020 and was appointed as a director on September 2, 2020. He has [...]
Scorpio Gold announces that effective December 13, 2021, Brian Lock has stepped down as a Director and from the position of CEO of the Company for personal reasons. The Board is appreciative of all the contributions of Mr. Lock over his tenure with the Company. The Board will conduct a search for a replacement CEO. About Scorpio Gold Scorpio Gold holds a 100% interest in the consolidated Manhattan District in Nevada [...]
Scorpio Gold Corp. is pleased to provide an update of its surface RC drilling program at the Manhattan West and East pits of the recently acquired Kinross Manhattan Property in Manhattan, Nevada. Thirty-one holes were completed in this Phase I program, including 19 holes in the West Pit area and 12 holes in the East Pit area . Assay results for 14 holes were reported in the Company's July 20, September 7 and November 2 [...]
Scorpio Gold Corp. is pleased to provide an update of its surface RC drilling program at the Manhattan West and East pits of the recently acquired Kinross Manhattan Property in Manhattan, Nevada. The first phase of the RC drilling program is now complete, with 31 holes drilled including 19 holes in the West Pit area and 12 holes at East Pit area . Assay results received for 12 of the holes were reported in the Company's [...]
Scorpio Gold Corp. elected to settle its semi-annual interest payment on its US$7,125,000 secured subordinated convertible debentures by the issue of common shares at $0.0964 per share as announced on October 20, 2021. Having now received the approval of the TSX Venture Exchange the Company on October 26, 2021, issued a total of 4,579,083 common shares to settle its semi-annual interest payment of $441,424 . [...]
Scorpio Gold Corp. is pleased to announce high-grade results from a hole drilled to test the on-strike and down-dip continuity of mineralization within and below the current underground mine workings at the 100% owned Goldwedge property, located in Nevada. Drill hole GWUG21-015 returned 50.2 g/t gold over 5.6m , including a higher-grade intercept of 260g/t over 0.9m . The mineralization is hosted within sheared [...]
Scorpio Gold Corp. reports that certain of the directors of the Company have agreed to provide the Company with a short- term credit facility in order to maintain its operations over the short-term. The proceeds of the advances made under the credit facility will be used to bridge the Company's activities until all Goldwedge assays have been announced so that an equity placement can be conducted later in the year. As [...]
Scorpio Gold Corp. has elected to settle its semi-annual interest payment due on its US$7,125,000 secured subordinated convertible debentures in common shares of the Company. The interest payment date is October 26, 2021 and the interest payment record date is October 19, 2021. Subject to the approval of the TSX Venture Exchange the Company will issue a total of 4,581,401 common shares to settle its semi-annual interest [...]
Scorpio Gold Corp. is pleased to announce results from 5 holes drilled to test the northwestern extension of mineralization at the 100% owned Goldwedge property, located in Nevada. The current program is focused on defining the on-strike and down-dip continuity of mineralization intersected in the 2020 drilling program as well as testing new areas with the potential to define a mineral resource base. As previously [...]