Scorpio Gold Reports First Results from 2016 Drilling at Oromonte

Gold Investing

Scorpio Gold Corp. (TSXV:SGN) released initial results from 2016 exploration drilling at the Oromonte satellite deposit, located at its 70-percent-owned Mineral Ridge project in Nevada.

Scorpio Gold Corp. (TSXV:SGN) released initial results from 2016 exploration drilling at the Oromonte satellite deposit, located at its 70-percent-owned Mineral Ridge project in Nevada. Results are presented in a table in the company’s release.
About Oromonte:

The mineralization at Oromonte is interpreted to be a continuation of the mineralized horizon(s) between the Solberry and Wedge deposits that have been offset by normal faulting. The occurrence of a higher-grade zone of mineralization at depth is thought to be related to a rheological contrast between the basement granite and a later intrusion of alaskite (leucogranite). The difference in deformational behaviour of the two rock types under stress may have caused greater structural damage and fluid flow within the mineralizing structures in this area, resulting in a higher-grade zone of mineralization. The Oromonte deposit was subsequently down-dropped by late-stage normal faulting.
Although not accessible by open pit mining, the deeper mineralization at Oromonte may be amenable to underground extraction should further results support underground development. Historical underground workings occur in the Wedge deposit area approximately 180 meters to the east.

Click here to read the full Scorpio Gold Corp. (TSXV:SGN) press release.

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