Scorpio Gold: Leveraging High-Grade Manhattan MRE to Target 2 Million Ounces
Ian Wagner interviews Zayn Kalyan of Scorpio Gold (SGN) to discuss the transformative period for the company, which is now focused exclusively on the Manhattan Project in Nevada following the sale of Mineral Ridge and securing strategic financing from investors including Eric Sprott and Ross Beattie. The conversation unpacks the recently released mineral resource estimate (MRE) of 740,000 ounces at 1.26 grams per ton, a grade considered very high when compared to the average Nevada grade of 0.6 grams per ton. Scorpio Gold is pursuing an ambitious target to reach 2 million ounces by the end of next August by drilling a minimum of 50,000 meters over the next 12 months and capitalizing on the district-scale potential of the eight and a half kilometer mineralized structure. Kalyan details that the company is fully financed and ramping up operations, expecting three drills to be running by early November to consistently deliver assay results while also working toward a potential cross-listing to increase exposure in the US market
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