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Scorpio Gold Intersects 12.47 g/t Gold and 176.2 g/t Silver over 7.6 m Including 53.49 g/t Gold over 1.52 m and 3,960 g/t Silver over 0.15 m in Underground Drilling at Goldwedge, Nevada
VANCOUVER, BC / ACCESSWIRE / July 27, 2020 / Scorpio Gold Corporation ("Scorpio Gold" or the...
About this update from Scorpio Gold Corporation
[{"type":"text","content":"Scorpio Gold Intersects 12.47 g/t Gold and 176.2 g/t Silver over 7.6 m Including 53.49 g/t Gold over 1.52 m and 3,960 g/t Silver over 0.15 m in Underground Drilling at Goldwedge, NevadaVANCOUVER, BC / ACCESSWIRE / July 27, 2020 / Scorpio Gold Corporation (\"Scorpio Gold\" or the \"Company\") (TSXV:SGN) is pleased to announce initial gold and silver assay results from underground drilling at its 100% owned Goldwedge property located in Manhattan, Nevada. The 2020 drilling program is focused on resource definition in areas where the Company's 2014 surface drilling intersected higher-grade mineralization proximal to existing underground workings (April 27, 2015 news release). The drilling program utilized the Company's Atlas Copco 262 skid-mounted drill rig which was operated by company personnel.Drill hole GWUG20-001 targeted an area where 2014 surface hole GW14-03 encountered high-grade mineralization proximal to existing underground workings. The hole was collared in the face of crosscut A at the 6,760 ft elevation and was drilled at 247° azimuth and -10° dip. Drilling intersected several mineralized zones, the most significant being a 7.6 meter intersection averaging 12.47 g/t gold and 176.23 g/t silver, which included 1.52 meters grading 53.49 g/t gold and 0.15 meters grading 3,960 g/t silver (Table 1). The mineralized zone lies approximately 30 meters (100 ft) below surface and extends immediately southeast from existing underground workings.Drill hole GWUG20-002 targeted the down-dip extension of the mineralized zone intersected in GWUG20-001. The hole was collared in the same location and at the same azimuth but angled at a -37° dip. Multiple mineralized zones were intersected with the most significant returning 5.55 g/t gold and 17.14 g/t silver over 0.91 meters. This hole also intersected 1.52 meters grading 1,707 g/t silver from 6.4 to 7.92 meters downhole.Drill hole GWUG20-003 targeted the southeast extension of the mineralized zone intersected in GWUG20-001. The hole was collared in the same location as the first 2 holes and drilled at 211° azimuth and -10° dip. Multiple mineralized zones were encountered with the most significant assay received to date returning 5.11 g/t gold over 1.52 meters. Final assays for this hole are pending.Known mineralization within the Goldwedge deposit is controlle...