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Cover for Introduction to Scorpio Gold

Introduction to Scorpio Gold

September 03, 2024
  • Company
Mining Stock Daily
By Mining Stock Daily
Mining Stock Daily

Scorpio Gold, led by CEO Zayn Kalyan, is focused on two past producing mines in Nevada: the Mineral Ridge Mine and the Manhattan Mine. Mineral Ridge has a history of production but has struggled with the size of its resource. However, the existing infrastructure and permitted mill present opportunities for value extraction. Manhattan, on the other hand, offers district-scale potential with the goal of targeting 2 million-plus ounces. Scorpio Gold has completed a phase one drill program at Manhattan and has commenced phase two to expand the resource. The company is also exploring options for cash flow generation at Mineral Ridge.

Mining Stock Daily
Mining Stock Daily
Mining Stock Daily is a news-style briefing delivering the day's most important information out of the junior mining and mineral exploration sector. Content is published throughout the world on a dozen different platforms.
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