Scorpio Gold Reports 21.26 g/t Gold over 18.3 m Near-Surface including 57.74 g/t over 4.6 m at the Manhattan Mine Property, Nevada
2021年9月7日 - 8:00PM
Scorpio Gold Corporation (“Scorpio Gold” or the “Company”) (TSXV:
SGN) is pleased to provide an update of its surface RC drilling
program at the Manhattan West and East pits of the recently
acquired Kinross Manhattan Property in Manhattan, Nevada. Recent
results report near surface, high-grade mineralization over broad
intersections in the West Pit area.
Twenty-three holes (5180m) representing 80% of
the drill program have been completed to date, including 17 holes
in the West Pit area and 6 holes at East Pit area. Two holes were
added to the original program to test the on-strike extension of
high-grade mineralization intersected in MWRC21-001. Assay results
for the first 7 holes, including MWRC21-001, were reported in the
Company’s July 20, 2021 news release. Significant results for holes
MWRC21-005 to 009 drilled in the West Pit area are presented in
Table 1.
Table 1: Manhattan Mine
Drilling - Significant Results to Date
Hole ID |
Azm(deg) |
Dip(deg) |
From(ft) |
To(ft) |
Width(ft) |
Grade(oz/T) |
From(m) |
To(m) |
Width(m) |
Grade(g/t) |
West Pit Area |
MWRC21-005 |
60 |
-72 |
65.0 |
85.0 |
20.0 |
0.249 |
19.8 |
25.9 |
6.1 |
8.54 |
Including |
|
|
75.0 |
85.0 |
10.0 |
0.468 |
22.9 |
25.9 |
3.1 |
16.04 |
|
|
|
105.0 |
120.0 |
15.0 |
0.054 |
32.0 |
36.6 |
4.6 |
1.85 |
|
|
|
175.0 |
330.0 |
155.0 |
0.085 |
53.4 |
100.7 |
47.3 |
2.92 |
Including |
|
|
215.0 |
225.0 |
10.0 |
0.163 |
65.6 |
68.6 |
3.1 |
5.59 |
Including |
|
|
275.0 |
285.0 |
10.0 |
0.186 |
83.9 |
86.9 |
3.1 |
6.38 |
Including |
|
|
305.0 |
315.0 |
10.0 |
0.537 |
93.0 |
96.1 |
3.1 |
18.40 |
|
|
|
455.0 |
470.0 |
15.0 |
0.201 |
138.8 |
143.4 |
4.6 |
6.91 |
Including |
|
|
465.0 |
470.0 |
5.0 |
0.499 |
141.8 |
143.4 |
1.5 |
17.12 |
|
|
|
540.0 |
545.0 |
5.0 |
0.059 |
164.7 |
166.2 |
1.5 |
2.02 |
|
|
|
615.0 |
620.0 |
5.0 |
0.042 |
187.6 |
189.1 |
1.5 |
1.44 |
|
|
|
|
|
|
|
|
|
|
|
MWRC21-006 |
60 |
-60 |
75.0 |
100.0 |
25.0 |
0.222 |
22.9 |
30.5 |
7.6 |
7.62 |
Including |
|
|
75.0 |
90.0 |
15.0 |
0.349 |
22.9 |
27.4 |
4.6 |
11.96 |
|
|
|
270.0 |
370.0 |
100.0 |
0.175 |
82.4 |
112.9 |
30.5 |
6.00 |
Including |
|
|
270.0 |
285.0 |
15.0 |
0.520 |
82.3 |
86.9 |
4.6 |
17.83 |
Including |
|
|
320.0 |
325.0 |
5.0 |
0.901 |
97.5 |
99.1 |
1.5 |
30.91 |
|
|
|
355.0 |
370.0 |
15.0 |
0.072 |
108.2 |
112.8 |
4.6 |
2.48 |
Including |
|
|
355.0 |
360.0 |
5.0 |
0.172 |
108.2 |
109.7 |
1.5 |
5.9 |
|
|
|
450.0 |
455.0 |
5.0 |
0.451 |
137.2 |
138.7 |
1.5 |
15.47 |
|
|
|
465.0 |
470.0 |
5.0 |
0.060 |
141.7 |
143.3 |
1.5 |
2.06 |
|
|
|
|
|
|
|
|
|
|
|
MWRC21-007 |
60 |
-56 |
75.0 |
135.0 |
60.0 |
0.620 |
22.9 |
41.2 |
18.3 |
21.26 |
Including |
|
|
80.0 |
85.0 |
5.0 |
1.750 |
24.4 |
25.9 |
1.5 |
60.03 |
Including |
|
|
100.0 |
115.0 |
15.0 |
1.683 |
30.5 |
35.1 |
4.6 |
57.74 |
|
|
|
165.0 |
170.0 |
5.0 |
0.023 |
50.3 |
51.9 |
1.5 |
0.79 |
|
|
|
200.0 |
245.0 |
45.0 |
0.013 |
61.0 |
74.7 |
13.7 |
0.46 |
|
|
|
280.0 |
335.0 |
55.0 |
0.094 |
85.4 |
102.2 |
16.8 |
3.24 |
Including |
|
|
295.0 |
305.0 |
10.0 |
0.389 |
90.0 |
93.0 |
3.1 |
13.33 |
|
|
|
420.0 |
435.0 |
15.0 |
0.519 |
128.1 |
132.7 |
4.6 |
17.79 |
Including |
|
|
420.0 |
425.0 |
5.0 |
1.42 |
128.1 |
129.6 |
1.5 |
48.71 |
|
|
|
470.0 |
475.0 |
5.0 |
1.010 |
143.4 |
144.9 |
1.5 |
34.65 |
|
|
|
580.0 |
605.0 |
25.0 |
0.054 |
176.9 |
184.5 |
7.6 |
1.87 |
Including |
|
|
580.0 |
585.0 |
5.0 |
0.181 |
176.9 |
178.4 |
1.5 |
6.21 |
|
|
|
|
|
|
|
|
|
|
|
MWRC21-008 |
60 |
-65 |
480.0 |
580.0 |
100.0 |
0.036 |
146.4 |
176.9 |
30.5 |
1.24 |
|
|
|
630.0 |
685.0 |
55.0 |
0.049 |
192.2 |
208.9 |
16.8 |
1.68 |
|
|
|
700.0 |
705.0 |
5.0 |
0.039 |
213.5 |
215.0 |
1.5 |
1.34 |
|
|
|
740.0 |
745.0 |
5.0 |
0.872 |
225.7 |
227.2 |
1.5 |
29.91 |
|
|
|
770.0 |
775.0 |
5.0 |
0.091 |
234.9 |
236.4 |
1.5 |
3.12 |
|
|
|
790.0 |
795.0 |
5.0 |
0.064 |
241.0 |
242.5 |
1.5 |
2.20 |
|
|
|
825.0 |
840.0 |
15.0 |
0.045 |
251.6 |
256.2 |
4.6 |
1.53 |
|
|
|
|
|
|
|
|
|
|
|
MWRC21-009 |
60 |
-60 |
325.0 |
350.0 |
25.0 |
0.066 |
99.1 |
106.8 |
7.6 |
2.26 |
|
|
|
430.0 |
455.0 |
25.0 |
0.055 |
131.2 |
138.8 |
7.6 |
1.89 |
|
|
|
490.0 |
510.0 |
20.0 |
0.026 |
149.5 |
155.6 |
6.1 |
0.90 |
|
|
|
525.0 |
580.0 |
55.0 |
0.106 |
160.1 |
176.9 |
16.8 |
3.65 |
Including |
|
|
525.0 |
540.0 |
15.0 |
0.349 |
160.1 |
164.7 |
4.6 |
11.97 |
Note: All holes presented in Table 1 were
completed by reverse circulation (RC) drilling. Widths are
presented as down hole core lengths; true widths are undefined at
this time. All analytical results were performed by ALS Minerals
Laboratory, in Reno, Nevada an ISO/IEC 17025:2005 accredited
facility, utilizing fire assay with gravimetric finish analysis.
Further details are presented in the Company’s quality assurance
and quality control program for the Goldwedge project available at:
GW QAQC. The same protocols apply to the Manhattan project.
Drill holes MWRC21-005, 007 and 008 (Figures 1,
2 and 3) targeted gold mineralization located along and east and
west of two parallel north-westerly trending and north-easterly
dipping fault structures (“Little Gray” fault zone) at the junction
of prominent cross structures postulated to control high-grade
mineralization. The Little Gray fault zone appears to be
post-mineralization and has upthrown the mineralized block to near
surface in this area. Gold mineralization is hosted within
intensely faulted and folded quartz ± mica schist interbedded with
quartzite and sandy phyllite belonging to the Paleozoic Goldhill
Formation metasediments. Results received from drilling program to
date from the West Pit and north of the West Pit have indicated a
300m continuous trend of mineralization from as shallow as 19m from
surface in some areas of the northern section. A review of the
geology and structures in drill core appears to confirm the
structural and lithological controls to mineralization.
Figure 1. Geological map of the
Manhattan Mine area with red circles showing drill collar locations
and hole IDs indicating holes completed to date. C-C’ and D-D’ mark
cross sections presented in Figures 2 and
3.https://www.globenewswire.com/NewsRoom/AttachmentNg/28010295-964b-42ed-ae1a-a6b6869e8265
Figure 2. Cross section C – C’
showing hole
MWRC21-005.https://www.globenewswire.com/NewsRoom/AttachmentNg/852c980a-b4d1-4e07-bfb6-5b24d9dd872c
Drill hole MWRC21-005 (Figures 1 and 2) targeted
and confirmed 3 main mineralized zones delineated by historic
drilling. The hole intersected mineralization at the approximate
expected target depth of the upper zone from 19m, containing
strongly sheared, oxidized, clayey material with schist + quartzite
between 19 to 35m that returned 8.54 g/t Au over 6.1m. The most
significant zone was intersected at the contact of the schist +
quartzite and sandy phyllite, returning 2.92 g/t Au over 47m from
53-101m downhole. The third zone was intersected at the contact of
the sandy phyllite and limestone at 139-143m, returning 6.91 g/t Au
over 4.6 m.
Figure 3. Cross section D – D’
showing holes MWRC21-007 and
MWRC21-008.https://www.globenewswire.com/NewsRoom/AttachmentNg/c6a01c11-2091-49c5-aa32-9a96c74a8cb3
Drill hole MWRC21-007 returned a high-grade
intersection of 21.26g/t over 18m from 23m downhole, and 17.79g/t
over 4.6m from 128.1m downhole. Drill hole MWRRC21-008 returned
several narrow high-grade and significant intersections at depth
(Table 1).
Drilling is in progress to complete the 33-hole
(6520m) program. Historical exploration and production drilling at
the Manhattan Mine below the mined-out pits indicates a shallow,
southwesterly dipping trend to mineralization. Results to date from
the current program confirm the trend and dip of mineralization;
however, targeted core drilling will be required to fully conclude
on the controls to mineralization.
About Scorpio GoldScorpio Gold
now holds a 100% interest in the consolidated Manhattan District in
Nevada comprising the advanced exploration-stage Goldwedge property
in Manhattan, Nevada with a fully permitted underground mine and a
400 ton per day mill facility and a 100% interest of the Manhattan
Property situated adjacent and proximal to the Goldwedge
property.
Scorpio Gold also holds 100% interest in the
Mineral Ridge gold project located in Esmeralda County, Nevada.
The technical information contained within this
release has been reviewed and approved by independent geological
consultant, Mohan R Vulimiri, M.Sc., P.Geo., a Qualified Person as
defined by NI 43-101.
ON BEHALF OF THE
BOARDSCORPIO GOLD CORPORATIONBrian Lock,
CEO & DirectorFor further information contact:
Brian Lock, CEOTel: (604) 889-2543Email:
block@scorpiogold.com
Diane Zerga, General ManagerTel: (775)
401-1637Email: dzerga@scorpiogold.com
Anthony Simone, Investor RelationsTel: (416)
881-5154Email: ir@scorpiogold.com
Website: www.scorpiogold.com
Neither TSX Venture Exchange nor its Regulation
Services Provider (as that term is defined in the policies of the
TSX Venture Exchange) accepts responsibility for the adequacy or
accuracy of this release.
The Company relies on litigation protection for
forward-looking statements. This news release contains
forward-looking statements that are based on the Company’s current
expectations and estimates. Forward-looking statements are
frequently characterized by words such as “plan”, “expect”,
“project”, “intend”, “believe”, “anticipate”, “estimate”,
“suggest”, “indicate” and other similar words or statements that
certain events or conditions “may” or “will” occur, and include,
without limitation, statements regarding the Company’s plans with
respect to the exploration of its Manhattan Mine property. Such
forward-looking statements involve known and unknown risks,
uncertainties and other factors that could cause actual events or
results to differ materially from estimated or anticipated events
or results implied or expressed in such forward-looking statements,
including risks involved in mineral exploration programs and those
risk factors outlined in the Company’s Management Discussion and
Analysis as filed on SEDAR. Any forward-looking statement speaks
only as of the date on which it is made and, except as may be
required by applicable securities laws, the Company disclaims any
intent or obligation to update any forward-looking statement,
whether as a result of new information, future events or results or
otherwise. Forward-looking statements are not a guarantee of future
performance and accordingly undue reliance should not be put on
such statements due to the inherent uncertainty thereof.
Scorpio Gold (TSXV:SGN)
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Scorpio Gold (TSXV:SGN)
過去 株価チャート
から 1 2024 まで 1 2025