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United States : Scorpio Gold Drilling Intersects 10.67 metres grading 8.25 g/t Gold on Oromonte Zone, Mineral Ridge Project

Publish Date : 27-Jun-2012

Scorpio Gold Corporation announces initial drill results from its 2012 drilling program on the Oromonte Zone, located 425 metres (1400 feet) southwest of the current mining in the Drinkwater pit at the 70% owned Mineral Ridge project, Nevada.

Initial drilling in 2012 on the Oromonte Zone has targeted its northern edge by extending a fence of previously drilled holes to determine the eastern and western limits of mineralization. All four holes intersected mineralization, and the zone remains open in both east and west directions as well as along strike to the north. Further drilling is planned to define the limits of the Oromonte Zone prior to conducting an in-fill drilling program.

The NNW trending Oromonte Zone is contiguous in plan section with the NNE trending Wedge B Zone. Scorpio Gold is assessing the possibility that the two zones are controlled by two separate cross-cutting structures, which presents the potential for a dilation zone at their intersection. A dilation zone at the junction of two well mineralized structures could provide for greater widths and potentially higher grades of gold mineralization, a possibility that will need to be tested by further drilling.

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