Scorpio Gold Reports Further Results from Bluelite Expansion Drilling

Gold Investing

Scorpio Gold Corp. (TSXV:SGN) provided further results from 2015 expansion drilling at the Bluelite satellite deposit at its 70-percent-owned Mineral Ridge project in Nevada.

Scorpio Gold Corp. (TSXV:SGN) provided further results from 2015 expansion drilling at the Bluelite satellite deposit at its 70-percent-owned Mineral Ridge project in Nevada.
As quoted in the press release:

The 2015 expansion program at Bluelite has included 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.
All of the holes presented in Table 1 are step-out exploration holes located to the south-southwest and southeast of currently defined resources for the Bluelite deposit. Drilling has now outlined a broad area of mineralization extending 250 meters to the south-southwest of the Bluelite deposit and 500 meters southeast along the NW Brodie trend. Management believes that results received to date from the 2015 drilling program should positively impact the existing resource base at the Bluelite deposit.
Pre-production development work at the Bluelite deposit began in May 2015 with the pre-stripping of waste material. The pit entered production on July 1, 2015 and as of the end of August, 53,086 ore tons at an average grade of 0.053 opt (1.82 g/t) gold and 655,921 waste tons have been mined.

Highlights include:

  • MR151445: 3.26 grams per tonne (“g/t”) gold over 4.57 meters
  • MR151574: 1.25 g/t gold over 4.57 meters
  • MR151578: 3.14 g/t gold over 3.05 meters
  • MR151579: 1.47 g/t gold over 6.10 meters
  • MR151603: 1.60 g/t gold over 4.57 meters
  • MR151605: 1.99 g/t gold over 7.62 meters
  • MR151691: 2.25 g/t gold over 6.10 meters
  • MR151695: 1.18 g/t gold over 6.10 meters
  • MR151696: 1.46 g/t gold over 3.05 meters

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

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