Scorpio Gold Corp.

Scorpio Gold Corp. is pleased to announce initial gold and silver assay results from underground drilling at its 100% owned Goldwedge property located in Manhattan, Nevada. The 2020 drilling program is focused on resource definition in areas where the Company's 2014 surface drilling intersected higher-grade mineralization proximal to existing underground workings . The drilling program utilized the Company's Atlas Copco [...]

Scorpio Gold Corp. as subject to regulatory approval, retained each of Connect2Investors Corp. , Simone Capital Corp. and Tufford Client Relations Group to implement a marketing campaign to increase awareness of and interest in Scorpio Gold using the specific roles and experience that each of the parties provide. Marketing Campaign: Connect 2, out of Vancouver, B.C., role will be to utilize its proprietary data base to [...]

Scorpio Gold Corp. is pleased to announce the signing of a letter of intent with Round Mountain Gold Corporation and KG Mining Inc. , collectively the "Sellers", to acquire 100% interest in the Manhattan Project Properties in Nye County, Nevada . The Property is comprised of 22 patented claims and 219 unpatented claims situated adjacent and proximal to the Company's Goldwedge property. Negotiations are ongoing regarding [...]

Scorpio Gold Corp. is pleased to announce the engagement of Artemis Capital Advisors LLC as the Company's financial advisor in connection with securing term financing in support of development of the Company's Mineral Ridge gold project, located near Silver Peak, Nevada. The Company is advancing the brownfield development of Mineral Ridge and intends to reprocess existing heap leach material followed by extraction of [...]

Scorpio Gold Corp. is pleased to announce the appointment of Bruce Dawson to the board of directors of the Company, subject to approval of the TSX Venture Exchange. Murray Bockhold has resigned from the board of directors to concentrate on his role as the custodian of Gryphon Gold. Bruce Dawson, AScT, is Chair of Dawkam Holdings Ltd., a consortium of construction and real estate assets. Mr. Dawson started working for the [...]

Scorpio Gold Corp. the Company 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 $0.08 per share as announced on April 20, 2020. Having now received the approval of the TSX Venture Exchange the Company has issued a total of 6,368,600 common shares to settle its semi-annual interest payment of US$361,699. Murray Bockhold, CEO [...]

Scorpio Gold Corp. is pleased to provide its 2020 production cashflow guidance and outlook at its 100% owned Mineral Ridge operation, located in Nevada. Cash Flow The Mineral Ridge operation continues to generate cash flow from residual gold production from the existing heap leach pads with a forecasted revenue for 2020 estimated at US$4.5-$5.0M. Scorpio Gold initiated cash conservation measures in response to COVID-19 on [...]

Scorpio Gold Corp. has elected to settle its semi-annual interest payment on its US$7,175,000 secured subordinated convertible debentures. The interest payment date is April 27, 2020 and the interest payment record date is April 20, 2020. Subject to the approval of the TSX Venture Exchange the Company will issue a total of 6,368,600 common shares to settle its semi-annual interest payment of US$361,699. [...]

Scorpio Gold Corp. Scorpio Gold announces voluntary reduction in wages and salaries throughout the company during the Covid-19 pandemic and until a major financing is achieved to build the Mineral Ridge Process Facility. Effective April 1st, 2020 with the full co-operation and understanding of the Company's personnel: US employees voluntarily agreed to salary and wage reduction of 20%; CEO, CFO and Corporate Secretary [...]

Scorpio Gold Corp. is pleased to announce the commencement of an underground drilling campaign at the Company's Goldwedge project located in Manhattan, Nevada. The Goldwedge project includes a fully permitted underground mine with over 600 meters of underground development and a 400 ton per day mill facility with modifications underway to add a flotation circuit through a toll milling contract with Lode-Star Mining Inc [...]