The Conversation (0)
Scorpio Gold (TSXV:SGN) has commenced underground drilling on its Goldwedge Project in Nevada, and announced results from its surface drill program in 2014. Some drill highlights from the 2014 program include 1.52 m of 18.72 g/t gold, and 1.52 m of 11.79 g/t gold. The 2015 underground drilling program aims to intersect trending mineralized zones perpendicular to the N60W, and to provide better information for ongoing geological modelling that for future exploration drilling.
As quoted in the press release:
The Company recently commenced a 5,000 ft (1,524 m) underground drilling program encompassing a planned 23 NQ diameter core holes drilled from 7 underground stations. The goal of the program is to test the Company’s revised geological model, which is based on new structural and lithological data obtained from the Company’s 2014 surface drilling and geological mapping program. The 2015 underground holes are designed to intersect perpendicular to the N60W trending mineralized zones, providing better information for ongoing geological modelling that will in turn guide future exploration drilling. Completion of the program is expected in Q2 2015 with analytical results available later in 2015.
The Goldwedge project includes a fully permitted underground mine with over 600 meters of underground development and a mill facility with gravity circuit that is currently permitted to process 400 tons per day. Geologically, the Goldwedge deposit lies within the Walker Lane Gold Belt and is situated on the southern periphery of the Manhattan Caldera, approximately 16 kilometers south of the operating Round Mountain Mine. Several styles of gold mineralization have been documented at Goldwedge, from fault breccia and vein hosted to strata-bound replacement style in limestone and pervasive quart-sericite-pyrite alteration hosted.
Click here to read the Scorpio Gold (TSXV:SGN) press release
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