Updated:
Scorpio Gold Corp
Scorpio Gold Corp holds the past-producing, fully permitted Mineral Ridge gold project in Nevada, targeting near-term production restart.
Scorpio Gold Corp
Scorpio Gold Corp is a mineral exploration and development company centered on the Mineral Ridge project in Esmeralda County, Nevada. The project includes the existing Drinkwater and Mary open-pit mines, along with the Custer, Brodie, Oromonte, and Solberry satellite deposits, and is fully permitted for open-pit mining and heap-leach processing. Gold production from Mineral Ridge has surpassed 235,000 ounces historically. The company's strategy targets a near-term production restart by expanding the known resource base through phased drilling campaigns while evaluating the existing heap-leach pad for residual gold recovery. The fully permitted mill and processing infrastructure at Mineral Ridge reduces the capital intensity and permitting timeline versus a greenfield development. Scorpio Gold's core asset is located in the Walker Lane gold trend, a jurisdiction with dense mining infrastructure and a skilled workforce. The Vancouver-based company acquired full control of the project through a buyout of its former joint-venture partner in 2015. Its operational footprint is concentrated in Nevada, with management and technical teams coordinating drill programs across the 5,000-acre land package. The firm has historically funded exploration through equity raises and strategic financing, typical of pre-production gold developers. Scorpio Gold's structural differentiator is its status as a single-asset, permitted gold developer with near-term production potential — a model that avoids the multi-decade permitting battles of larger, undeveloped deposits while offering re-rate potential upon first gold pour.
General information
Firm type
Asset Manager
Year founded
—
AUM
Undisclosed
Location
Region
—
Country
—
City
—
Corporate office
—
Sector focus
Frequently asked questions
What is Scorpio Gold Corp's primary asset?
The company's sole focus is the Mineral Ridge gold project in Esmeralda County, Nevada. The asset is a past-producing, fully permitted open-pit and heap-leach operation with established infrastructure. The property spans approximately 5,000 acres and includes several known satellite deposits.
Does Scorpio Gold currently produce gold?
No, Scorpio Gold is not currently in production. The company is classified as a development-stage enterprise working toward a near-term production restart at the Mineral Ridge project by advancing resource expansion and evaluating the heap-leach pad for residual gold recovery.
Where does the name 'Mineral Ridge' come from and what is the project's history?
The Mineral Ridge project is located in the Walker Lane gold trend in Nevada, a region with a long history of gold mining. The site has produced over 235,000 ounces of gold historically from multiple open-pit operations and has been permitted for mining and heap-leach processing for decades.
How is Scorpio Gold Corp structured from an ownership perspective?
Scorpio Gold Corp is a publicly traded entity that consolidated 100% ownership of the Mineral Ridge project in 2015 by acquiring the stake previously held by its joint-venture partner. The company is headquartered in Vancouver, British Columbia, and its shares trade on the TSX Venture Exchange.
What stage of investment does Scorpio Gold represent?
Scorpio Gold represents a pre-production gold developer with a permitted asset. It sits between an exploration-stage junior without permits and a fully financed gold producer. The key value inflection point for the company is a final investment decision and successful production restart at Mineral Ridge.
Profile maintained by Altss using OSINT (open-source intelligence), regulatory filings, licensed data partners, and verified direct submissions. Read the methodology. Last updated: . Continuous refresh with full update cycles at least every 30 days.
Need institutional-grade insight on asset managers?
Altss delivers:
Prefer a guided tour?
We’ll walk you through: