Scorpio Gold Corp. (OTC Other: SRCRF; TSX-V: SGN) has shipped its first production batch of gold and silver in loaded gold carbon produced from the Mineral Ridge gold deposit in Nevada. To this end, approximately 10,000 pounds or 5 tons of loaded wet carbon from leach carbon columns 1 and 2 were placed into carbon bags and shipped to Metals Research in Kimberley, Idaho for processing into dore.
According to Peter Hawley, President and CEO of Scorpio Gold, “This shipment marks the start of precious metal production following just 13 months from completion of the purchase of the Mineral Ridge property. At today’s metal prices, each ton of loaded carbon has an estimated value of approximately US$100,000.”
Congratulations to Peter Hawley and the Scorpio team, including Golden Phoenix Minerals (OTCBB: GPXM), the Company’s 30% JV partner on the project.