Scorpio Gold Reports Measured & Indicated Resource Estimation of 121,700 oz. Contained Gold in the Heaps at the Mineral Ridge Mine

Scorpio Gold Corporation (“Scorpio Gold” or the “Company”) (TSX-V:SGN) is pleased to announce the Mineral Ridge Heap Leach resource estimate by Mine Technical Services (MTS) of Reno, Nevada. The confirmed resource estimate of 7.1 MT at an average grade of 0.017 oz./ton or 121,700 contained ounces of gold in the Measured & Indicated category provides the basis for conducting a feasibility study for milling of the material and additionally confirms reconciliation of tonnage, grade and contained ounces placed by the Company and its predecessors since operations commenced. Details of the resource estimate are available in the MTS Resource Report.
As quoted in the press release:

Brian Lock, interim CEO, comments, “This positive resource estimate provides Scorpio Gold with the necessary information to proceed with a feasibility study for constructing a milling facility at Mineral Ridge. We look forward to its completion, which should provide the basis for unlocking untapped value through exploration and development and benefitting our shareholders for many years to come.”

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