Zayn Kalyan, CEO of Scorpio Gold (TSX.V:SGN – OTCQB:SRCRF – FSE:RY9) joins us to discuss the company’s refined strategy in Nevada, focused on the Manhattan Project.
Key Themes:
- Reallocating capital: Following the recent C$7M financing, Scorpio is shifting focus away from small-scale production at Mineral Ridge toward unlocking larger, district-scale potential at the Manhattan Project.
- Manhattan resource update: Zayn outlines the progress made on compiling and validating over 2,400 drill holes, ahead of a resource estimate.
- Upcoming exploration: The company plans to drill 6,000-10,000 meters this year.
- Strategic sale of Mineral Ridge: Scorpio is actively entertaining offers to sell the asset, with Zayn explaining why it’s no longer aligned with the company’s long-term vision.
The Manhattan Project is located just 10 miles south of Kinross’s Round Mountain mine Zayn highlights the strategic upside with existing infrastructure and a nearby NSR held by Kinross.
Click here to visit the Scorpio Gold website to learn more about the Company.