Scorpio Gold Corp. regains 100% control of the Company's Mineral Ridge Property, located in Nevada as a result of Titan Mining Corporation's termination of an earn-in option agreement announced on August 31, 2020. The Mineral Ridge Property is comprised of approximately 14,000 acres of patented, fee-owned, and unpatented mining claims which include [...]
Scorpio Gold Corp. is pleased to announce its planned surface drilling program for the newly acquired Kinross Manhattan Property in Manhattan, Nevada. The initial phase of drilling will target high-grade mineralized zones intersected in historic drilling below the mined-out Manhattan East and West pits as well as investigate the continuity of [...]
Scorpio Gold Corp. has, subject to regulatory approval, retained Independent Trading Group Inc. to provide market-making service and to aid in maintaining an orderly trading market for the common shares of the Company effective May 1, 2021. The market-making service will be undertaken by ITG, a registered broker in compliance with the applicable [...]
Scorpio Gold Corp. on April 26, 2021 paid a total of US$355,274 to settle its semi-annual interest payment to its debentureholders. The Company has US$7,125,000 secured subordinated convertible debentures that mature on April 26, 2022. The debentures bear interest at the rate of 10% per annum, payable semi-annually. The Company did not exercise its [...]
Scorpio Gold Corp. is pleased to announce results from the first 3 holes of its underground drilling program 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 as well as testing new areas with the potential to [...]
Scorpio Gold Corp. is pleased to announce the purchase from affiliates of Kinross Gold Corp. of the 4,300-acre Kinross Manhattan Property located adjacent and proximal to the Company's Goldwedge property in Nye County, Nevada. Scorpio Gold now controls 6,071 acres around the Goldwedge facility, providing the opportunity to expand surface operations [...]
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 [...]
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 [...]
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 [...]
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 [...]
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 [...]
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 [...]