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Scorpio Gold Discovers Silver-Enriched Zone on Mineral Ridge Project

Investing News Network
Sep. 13, 2011 05:37PM PST
Silver Investing

Scorpio Gold Corporation (CVE:SGN) announced that it has found a silver-enriched zone at its Nevada-based Mineral Ridge project.

Scorpio Gold Corporation (TSXV:SGN) announced that it has found a silver-enriched zone at its Nevada-based Mineral Ridge project.

The press release is quoted as saying:

Eleven holes in this first phase drill program tested the Coyote target over a 250 x 600 metre area, while 2 holes tested an outlier zone located 914 metres to the northwest.

Scorpio’s President and CEO, Peter J. Hawley said:

“Step out drilling in the vicinity of a historical adit, 914 metres (3,000 feet) to the northwest, has intercepted 147.87 metres grading 2.13 g/t silver (485 feet grading 0.075 OPT silver). All of the holes in this first ever drilling of the area terminated in mineralization.”

Click here to read the entire news release.

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