Scorpio Gold Corporation (TSXV:SGN) announced results from its 2014 satellite deposit drilling program at its 70 percent owned Mineral Ridge project in Nevada. The Bluelite deposit is located west of the currently producing Drinkwater and Mary pits, 400 meters northwest of the leach pad.
As quoted in the press release:
The 2014 satellite drilling program is a continuation of 2013 program and is designed to upgrade and potentially increase the mineral resource estimate completed by Telesto Nevada Inc. (“Telesto”) for a number of satellite deposits, including Bluelite, which was reported in the Company’s August 16, 2013 news release. Drilling on the Bluelite deposit continues to meet with success, returning significant intercepts both within and extending outside of the floating cone pit shell modelled by Telesto.
Highlights from this latest phase of RC drilling on the Bluelite deposit include:
- MR14861: 3.85 grams per tonne (“g/t”) gold over 6.10 meters
- MR14866: 1.50 g/t gold over 9.14 meters
- MR14874: 4.67 g/t gold over 6.10 meters
- MR14876: 3.07 g/t gold over 3.05 meters