Scorpio Gold Produces 8,738 Ounces of Gold at the Mineral Ridge Operation in Q2

Resource Investing News

Scorpio Gold Corp. (TSXV:SGN) announced its operational results for the second quarter of 2015 at its 70 percent owned Mineral Ridge project in Nevada.

Scorpio Gold Corp. (TSXV:SGN) announced its operational results for the second quarter of 2015 at its 70 percent owned Mineral Ridge project in Nevada.
As quoted in the press release:

Production at Mineral Ridge in Q2 of 2015 totalled 8,738 ounces of gold and 3,591 ounces of silver. Total gold production for the first half (“H1”) of 2015 now stands at 20,690 ounces, an increase of 7% from H1 of 2014. The Company’s 2015 production forecast remains unchanged at 40,000 to 45,000 ounces of gold (as reported in the Company’s March 11, 2015 news release).
Production in 2015 is scheduled from the Mary and Mary LC pits, and from the Wedge, Bluelite, Solberry and Brodie satellite pits. Open pit mining at the Solberry deposit commenced in Q2 2015. Pre-production development work at the Bluelite deposit is in progress with open pit production scheduled to commence in Q3 2015. The Bluelite and Solberry deposits have not been subject to any prior mining campaigns, hence their high-grade core zones are preserved and expected to positively impact the grade of ore being processed at both the Mineral Ridge operation and the Goldwedge mill facility, to which higher-grade ore from Mineral Ridge is shipped on an as-needed basis.

Peter J. Hawley, president & CEO of Scorpio Gold, commented:

We are pleased to report another solid quarter of production at Mineral Ridge. While continuing to cycle through lower-grade material in the Mary pit, our gold production continues to be aided by the drawdown of ounces from the leach pad inventory and by ongoing efforts to re-slope the periphery of the leach pad to bring previously un-leached material under leach. We confirm our guidance of 40,000 to 45,000 ounces gold production at Mineral Ridge in 2015.

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

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