Scorpio Gold Corporation (TSX-V:SGN) is a Canadian-based emerging gold producer. The Company holds a 70% interest in the Mineral Ridge gold project and can acquire up to a 100% interest in the project.
The Mineral Ridge property is located 6 km northwest of the town of Silver Peak and 51 km west of Tonopah in Esmeralda County, Nevada. Mineral Ridge is currently bonded and permitted for heap leach gold production and processing. The mine property features a very well-developed infrastructure and is host to multiple gold-bearing structures, veins and bodies at both exploration and development level.
Scorpio Gold shipped its first production batch of gold and silver in loaded gold carbon from Mineral Ridge in April 2011, just 13 months from acquiring its 70% interest in the property. The loaded gold carbon is sent to Metals Research in Kimberley, Idaho for processing into doré, which are then delivered to Johnson Matthey's refinery in Salt Lake City for further refining into separate 99.9% pure gold and silver bars. Scorpio Gold made its first precious metals sale in June 2011.
Further details are available in the Company's
news releases and on the
Mineral Ridge Operation page.