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May. 20, 2015 11:35AM PST
Scorpio Gold (TSXV:SGN) released its initial results from the 2015 expansion drilling program on the Bluelite deposit at the Mineral Ridge project in Nevada. Highlights include: 12.63 grams per tonne (g/t) gold over 3.05 meters, 5.19 g/t gold over 15.24 meters, 6.70 g/t over 4.57 meters, 0.98 g/t gold over 13.72 meters, and 2.90 g/t gold over 6.10 meters.
As quoted in the press release:
The 2015 expansion program at Bluelite includes infill, development and exploration drilling to expand and upgrade the current mineral reserve and resource base for the deposit and potentially extend life of mine. Approximately 80 reverse circulation (“RC”) drill holes are planned at Bluelite in 2015. Management believes that initial results received from the 2015 drilling program should positively impact the current resource base and will potentially allow for defining a new resource in the wide area of mineralization that extends directly south of the current pit outline.
Pre-production development work at the Bluelite deposit is underway and the Company is on track to commence open pit production in Q2 2015.
Highlights of the initial results from the 2015 expansion drilling on the Bluelite deposit include:
MR151228: 6.70 grams per tonne (“g/t”) gold over 4.57 meters
MR151232: 0.98 g/t gold over 13.72 meters
MR151237: 5.19 g/t gold over 15.24 meters
MR151312: 12.63 g/t gold over 3.05 meters
MR151317: 2.90 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.