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Scorpio Gold Posts Final Results from 2014 Expansion Drilling on Solberry Deposit, Mineral Ridge Project

Investing News Network
Apr. 08, 2015 07:37AM PST
Gold Investing

Scorpio Gold (TSXV:SGN) reported an intersection of 12.54 g/t gold over 15.91 meters at the Solberry Satellite Deposit in the Mineral Ridge Project, Nevada – as part of the final results from its 2014 expansion drilling program.

Scorpio Gold (TSXV:SGN) reported an intersection of 12.54 g/t gold over 15.91 meters at the Solberry Satellite Deposit in the Mineral Ridge Project, Nevada – as part of the final results from its 2014 expansion drilling program.

As quoted in the press release:

In addition to reverse circulation (“RC”) drilling on Solberry, two HQ diameter core holes were collared adjacent to RC hole MR14929 to provide detailed geological data in an area of high-grade mineralization. The results from RC hole MR14929 were previously released on June 16, 2014. Core hole MR14985 was drilled vertically to directly twin MR14929, whereas core hole MR14986 was oriented to the west at a -65 degree dip. A very good correlation of results is noted for the twinned holes as follows:

Table 1. Solberry Deposit –RC Hole MR14929 & Core Hole MR14985

Hole
No.
Azm
(deg)
Dip
(deg)
From
(ft)
To
(ft)
Width
(ft)
From
(m)
To
(m)
Width
(m)
Gold
(OPT)
Gold
(g/t)
MR14929 0 -90 45 110 65 13.72 33.53 19.81 0.354 12.15
MR14985 0 -90 44.9 97.1 52.2 13.69 29.60 15.91 0.366 12.54

Logging of the core holes has allowed for a better understanding of the lithology and structural geology as well as the styles and controls to mineralization at Mineral Ridge.

Highlights of the final results from the 2014 expansion drilling on the Solberry deposit include:

  • MR14936: 1.65 grams per tonne (“g/t”) gold over 3.05 meters
  • MR14939: 3.89 g/t gold over 3.05 meters
  • MR14985: 12.54 g/t gold over 15.91 meters
  • MR14986: 10.26 g/t gold over 2.65 meters
  • MR141134: 1.95 g/t gold over 6.10 meters

Click here to read the Scorpio Gold (TSXV:SGN) press release
Click here to see the Scorpio Gold (TSXV:SGN) profile.

scorpio-gold tsxv-sgn
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